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DCF Valuation
Base-case fair value
$172.14
Intrinsic $229.52 · 25% MOS
Current price: $113.86
Base-case summary
Our base-case DCF for Ryman Hospitality Properties, Inc. (RHP) projects 10 years of free cash flow growth at 20.0% for years 1–5 and 10.0% for years 6–10, anchored to 55.0% historical FCF growth, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from $302M in trailing free cash flow, this produces an intrinsic value of $229.52 per share. A 25% safety margin gives a fair value of $172.14, suggesting the stock is currently 51% undervalued against the $113.86 market price.
See 3 scenarios side by side
Conservative, Base, and Optimistic fair values, plus the sensitivity matrix and FCF history. Free account.
Model inputs
TTM Free Cash Flow
$302M
Cash & equivalents
$424M
Total debt
$163M
Shares outstanding
68M