• If you are wondering whether Ryman Hospitality Properties stock still offers value at current levels, this article walks through what the numbers are saying about the price you see on screen today.
• The stock last closed at US$122.35, with returns of 3.1% over 7 days, 12.8% over 30 days, 28.1% year to date, 30.8% over 1 year, 51.1% over 3 years, and 73.6% over 5 years. These figures help frame the context for any discussion of valuation.
• Recent attention on Ryman Hospitality Properties has been shaped by ongoing coverage of its hotel and resort real estate footprint and how investors think that positioning fits into the broader U.S. real estate sector. Evergreen interest in the stock as a specialized REIT helps explain why valuation has become such a key talking point for many readers following its price moves.
• On Simply Wall St's 6 point valuation checklist, Ryman Hospitality Properties currently scores 4 out of 6. The next sections break down how traditional valuation methods line up with that score, before finishing with a more holistic way to think about what the stock might be worth.

Approach 1: Ryman Hospitality Properties Discounted Cash Flow (DCF) Analysis

A Discounted Cash Flow, or DCF, model looks at what Ryman Hospitality Properties stock might be worth by estimating its future adjusted funds from operations, then discounting those cash flows back to today using a required rate of return. It focuses on cash the company could return to shareholders rather than reported earnings.

For Ryman Hospitality Properties, the latest twelve month free cash flow figure used in this model is about $539.6 million. Analysts provide explicit forecasts out to 2027, with free cash flow projected at $639.2 million that year. Beyond that, Simply Wall St extrapolates cash flows, with the model including a ten year path that extends through 2035, all kept in dollar terms and discounted back to present value.

Bringing those projected cash flows together, the DCF model arrives at an estimated intrinsic value of $214.12 per share, compared with the recent share price of $122.35. On this basis, the model implies that Ryman Hospitality Properties is trading at a 42.9% discount to its calculated value.

Result: UNDERVALUED

Our Discounted Cash Flow (DCF) analysis suggests Ryman Hospitality Properties is undervalued by 42.9%. Track this in your watchlist or portfolio, or discover 48 more high quality undervalued stocks.

Approach 2: Ryman Hospitality Properties Price vs Earnings (P/E)

For a profitable company like Ryman Hospitality Properties, the P/E ratio is a straightforward way to relate what you pay for the stock to the earnings it generates. Investors generally accept that higher growth expectations or lower perceived risk can justify a higher “normal” P/E, while slower expected growth or higher risk often support a lower multiple.

Ryman Hospitality Properties currently trades on a P/E of 30.41x. This sits above the Hotel and Resort REITs industry average P/E of 15.00x, yet below the peer group average of 39.98x. Simply Wall St also calculates a proprietary “Fair Ratio” for the stock of 38.93x, which reflects factors such as its earnings profile, industry, profit margins, market value and identified risks.

This Fair Ratio is designed to be more tailored than a simple comparison with industry or peer averages, because it adjusts for company specific drivers rather than assuming all REITs should trade on the same multiple. Comparing the Fair Ratio of 38.93x with the current P/E of 30.41x suggests the stock is trading below the level implied by those inputs.

Result: UNDERVALUED

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Upgrade Your Decision Making: Choose your Ryman Hospitality Properties Narrative

Earlier it was mentioned that there is an even better way to understand valuation. Narratives on Simply Wall St let you attach your story about Ryman Hospitality Properties to the numbers by linking your assumptions for future revenue, earnings and margins to a forecast. This turns those assumptions into a fair value, which you can then compare with the current share price to help you decide whether the stock looks attractive or expensive. Each Narrative appears on the Community page, updates automatically when news or earnings arrive, and accommodates very different views. For example, one investor might see Ryman’s fair value closer to the bullish US$133 analyst target based on group demand and Sunbelt exposure, while another might lean toward the more cautious US$110 view because of competition, cost pressures and sector risks.

Do you think there's more to the story for Ryman Hospitality Properties? Head over to our Community to see what others are saying!

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.