Is Ryman Hospitality Properties, Inc. overvalued or undervalued?

As of 20 February 2025, the valuation grade for Ryman Hospitality Properties, Inc. has moved from fair to very expensive. The company is currently considered overvalued based on its financial metrics. The P/E ratio stands at 21, which is higher than peers such as AGNC Investment Corp. at 19.95 and NNN REIT, Inc. at 19.64, indicating a premium valuation. Additionally, the EV to EBITDA ratio of 7.52 is relatively close to the industry average, but the EV to Capital Employed ratio of 80.60 raises concerns about capital efficiency.
In comparison to its peers, Ryman Hospitality's high dividend yield of 439.02% and ROE of 55.18% may suggest strong profitability; however, these figures are overshadowed by the overall valuation context. The company's recent stock performance shows a 1-week return of 3.30%, outperforming the S&P 500's slight decline, but the year-to-date performance of -3.30% indicates potential challenges ahead. Overall, Ryman Hospitality Properties, Inc. appears to be overvalued in the current market environment.