GRAY MEDIA INC (GTN) Stock Fundamental Analysis
USA • New York Stock Exchange • NYSE:GTN • US3893751061
4.54 USD
+0.03 (+0.67%)
At close: Feb 2, 2026
4.59 USD
+0.05 (+1.1%)
After Hours: 2/2/2026, 8:11:32 PM
We assign a fundamental rating of 5 out of 10 to GTN. GTN was compared to 91 industry peers in the Media industry. GTN has a medium profitability rating, but doesn't score so well on its financial health evaluation. GTN is valued quite cheap, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- GTN had positive earnings in the past year.
- GTN had a positive operating cash flow in the past year.
- Of the past 5 years GTN 4 years were profitable.
- Each year in the past 5 years GTN had a positive operating cash flow.
1.2 Ratios
- The Return On Assets of GTN (0.41%) is better than 68.13% of its industry peers.
- GTN has a Return On Equity of 1.50%. This is in the better half of the industry: GTN outperforms 70.33% of its industry peers.
- GTN has a better Return On Invested Capital (4.86%) than 70.33% of its industry peers.
- GTN had an Average Return On Invested Capital over the past 3 years of 5.68%. This is in line with the industry average of 7.01%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.41% | ||
| ROE | 1.5% | ||
| ROIC | 4.86% |
ROA(3y)1.82%
ROA(5y)2.1%
ROE(3y)6.9%
ROE(5y)7.44%
ROIC(3y)5.68%
ROIC(5y)5.66%
1.3 Margins
- Looking at the Profit Margin, with a value of 1.25%, GTN is in the better half of the industry, outperforming 70.33% of the companies in the same industry.
- In the last couple of years the Profit Margin of GTN has grown nicely.
- With an excellent Operating Margin value of 18.67%, GTN belongs to the best of the industry, outperforming 87.91% of the companies in the same industry.
- In the last couple of years the Operating Margin of GTN has remained more or less at the same level.
- GTN's Gross Margin of 29.27% is on the low side compared to the rest of the industry. GTN is outperformed by 62.64% of its industry peers.
- GTN's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.67% | ||
| PM (TTM) | 1.25% | ||
| GM | 29.27% |
OM growth 3Y10.89%
OM growth 5Y0.17%
PM growth 3Y77.88%
PM growth 5Y8.17%
GM growth 3Y0.85%
GM growth 5Y-1.16%
2. Health
2.1 Basic Checks
- GTN has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- GTN has more shares outstanding than it did 1 year ago.
- The number of shares outstanding for GTN has been reduced compared to 5 years ago.
- The debt/assets ratio for GTN has been reduced compared to a year ago.
2.2 Solvency
- Based on the Altman-Z score of 0.72, we must say that GTN is in the distress zone and has some risk of bankruptcy.
- GTN has a Altman-Z score (0.72) which is in line with its industry peers.
- The Debt to FCF ratio of GTN is 12.75, which is on the high side as it means it would take GTN, 12.75 years of fcf income to pay off all of its debts.
- With a decent Debt to FCF ratio value of 12.75, GTN is doing good in the industry, outperforming 63.74% of the companies in the same industry.
- GTN has a Debt/Equity ratio of 2.00. This is a high value indicating a heavy dependency on external financing.
- GTN's Debt to Equity ratio of 2.00 is on the low side compared to the rest of the industry. GTN is outperformed by 64.84% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2 | ||
| Debt/FCF | 12.75 | ||
| Altman-Z | 0.72 |
ROIC/WACC0.83
WACC5.88%
2.3 Liquidity
- A Current Ratio of 0.93 indicates that GTN may have some problems paying its short term obligations.
- GTN has a worse Current ratio (0.93) than 60.44% of its industry peers.
- A Quick Ratio of 0.93 indicates that GTN may have some problems paying its short term obligations.
- GTN has a Quick ratio (0.93) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.93 | ||
| Quick Ratio | 0.93 |
3. Growth
3.1 Past
- The earnings per share for GTN have decreased strongly by -50.33% in the last year.
- GTN shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 21.70% yearly.
- Looking at the last year, GTN shows a decrease in Revenue. The Revenue has decreased by -3.32% in the last year.
- The Revenue has been growing by 11.42% on average over the past years. This is quite good.
EPS 1Y (TTM)-50.33%
EPS 3Y46.87%
EPS 5Y21.7%
EPS Q2Q%-127.59%
Revenue 1Y (TTM)-3.32%
Revenue growth 3Y14.73%
Revenue growth 5Y11.42%
Sales Q2Q%-21.16%
3.2 Future
- The Earnings Per Share is expected to decrease by -29.46% on average over the next years. This is quite bad
- The Revenue is expected to decrease by -5.61% on average over the next years.
EPS Next Y-147.37%
EPS Next 2Y-17.16%
EPS Next 3Y-29.46%
EPS Next 5YN/A
Revenue Next Year-15.11%
Revenue Next 2Y-2.33%
Revenue Next 3Y-5.61%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- GTN is valuated cheaply with a Price/Earnings ratio of 6.05.
- Based on the Price/Earnings ratio, GTN is valued cheaper than 90.11% of the companies in the same industry.
- When comparing the Price/Earnings ratio of GTN to the average of the S&P500 Index (28.41), we can say GTN is valued rather cheaply.
- A Price/Forward Earnings ratio of 1.95 indicates a rather cheap valuation of GTN.
- Based on the Price/Forward Earnings ratio, GTN is valued cheaply inside the industry as 97.80% of the companies are valued more expensively.
- GTN's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.64.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.05 | ||
| Fwd PE | 1.95 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of GTN indicates a rather cheap valuation: GTN is cheaper than 83.52% of the companies listed in the same industry.
- Based on the Price/Free Cash Flow ratio, GTN is valued cheaper than 98.90% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.05 | ||
| EV/EBITDA | 6.56 |
4.3 Compensation for Growth
- GTN has a very decent profitability rating, which may justify a higher PE ratio.
- GTN's earnings are expected to decrease with -29.46% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.28
EPS Next 2Y-17.16%
EPS Next 3Y-29.46%
5. Dividend
5.1 Amount
- GTN has a Yearly Dividend Yield of 7.46%, which is a nice return.
- GTN's Dividend Yield is rather good when compared to the industry average which is at 1.17. GTN pays more dividend than 95.60% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.83, GTN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.46% |
5.2 History
- The dividend of GTN is nicely growing with an annual growth rate of 15.86%!
- GTN has been paying a dividend for at least 10 years, so it has a reliable track record.
- GTN has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)15.86%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
- 200.00% of the earnings are spent on dividend by GTN. This is not a sustainable payout ratio.
- GTN's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP200%
EPS Next 2Y-17.16%
EPS Next 3Y-29.46%
4.54
+0.03 (+0.67%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)11-07 2025-11-07/bmo
Earnings (Next)02-26 2026-02-26/amc
Inst Owners85.51%
Inst Owner Change-1.18%
Ins Owners5.74%
Ins Owner Change-1.52%
Market Cap463.49M
Revenue(TTM)3.35B
Net Income(TTM)42.00M
Analysts77.78
Price Target6.53 (43.83%)
Short Float %6.62%
Short Ratio4.58
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.46% |
Yearly Dividend0.86
Dividend Growth(5Y)15.86%
DP200%
Div Incr Years0
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)15.65%
Min EPS beat(2)-18.14%
Max EPS beat(2)49.44%
EPS beat(4)3
Avg EPS beat(4)29.05%
Min EPS beat(4)-18.14%
Max EPS beat(4)55%
EPS beat(8)4
Avg EPS beat(8)52.09%
EPS beat(12)6
Avg EPS beat(12)23.24%
EPS beat(16)8
Avg EPS beat(16)16.94%
Revenue beat(2)0
Avg Revenue beat(2)-0.36%
Min Revenue beat(2)-0.47%
Max Revenue beat(2)-0.26%
Revenue beat(4)1
Avg Revenue beat(4)-0.23%
Min Revenue beat(4)-0.47%
Max Revenue beat(4)0.2%
Revenue beat(8)1
Avg Revenue beat(8)-0.99%
Revenue beat(12)4
Avg Revenue beat(12)-0.39%
Revenue beat(16)7
Avg Revenue beat(16)-0.07%
PT rev (1m)0%
PT rev (3m)5.21%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-144.19%
EPS NY rev (1m)-30.86%
EPS NY rev (3m)-17.2%
Revenue NQ rev (1m)-1.14%
Revenue NQ rev (3m)-2.37%
Revenue NY rev (1m)-0.32%
Revenue NY rev (3m)-0.48%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.05 | ||
| Fwd PE | 1.95 | ||
| P/S | 0.14 | ||
| P/FCF | 1.05 | ||
| P/OCF | 0.85 | ||
| P/B | 0.17 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.56 |
EPS(TTM)0.75
EY16.52%
EPS(NY)2.33
Fwd EY51.24%
FCF(TTM)4.31
FCFY94.93%
OCF(TTM)5.34
OCFY117.59%
SpS32.79
BVpS27.51
TBVpS-52.15
PEG (NY)N/A
PEG (5Y)0.28
Graham Number21.54
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.41% | ||
| ROE | 1.5% | ||
| ROCE | 6.38% | ||
| ROIC | 4.86% | ||
| ROICexc | 4.95% | ||
| ROICexgc | 32.01% | ||
| OM | 18.67% | ||
| PM (TTM) | 1.25% | ||
| GM | 29.27% | ||
| FCFM | 13.14% |
ROA(3y)1.82%
ROA(5y)2.1%
ROE(3y)6.9%
ROE(5y)7.44%
ROIC(3y)5.68%
ROIC(5y)5.66%
ROICexc(3y)5.72%
ROICexc(5y)5.89%
ROICexgc(3y)32.02%
ROICexgc(5y)33.23%
ROCE(3y)7.45%
ROCE(5y)7.43%
ROICexgc growth 3Y30.28%
ROICexgc growth 5Y1.83%
ROICexc growth 3Y29.97%
ROICexc growth 5Y2.69%
OM growth 3Y10.89%
OM growth 5Y0.17%
PM growth 3Y77.88%
PM growth 5Y8.17%
GM growth 3Y0.85%
GM growth 5Y-1.16%
F-Score4
Asset Turnover0.32
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2 | ||
| Debt/FCF | 12.75 | ||
| Debt/EBITDA | 6.24 | ||
| Cap/Depr | 38.46% | ||
| Cap/Sales | 3.14% | ||
| Interest Coverage | 1.34 | ||
| Cash Conversion | 60.69% | ||
| Profit Quality | 1047.62% | ||
| Current Ratio | 0.93 | ||
| Quick Ratio | 0.93 | ||
| Altman-Z | 0.72 |
F-Score4
WACC5.88%
ROIC/WACC0.83
Cap/Depr(3y)84.75%
Cap/Depr(5y)76.04%
Cap/Sales(3y)8.8%
Cap/Sales(5y)7.92%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-50.33%
EPS 3Y46.87%
EPS 5Y21.7%
EPS Q2Q%-127.59%
EPS Next Y-147.37%
EPS Next 2Y-17.16%
EPS Next 3Y-29.46%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.32%
Revenue growth 3Y14.73%
Revenue growth 5Y11.42%
Sales Q2Q%-21.16%
Revenue Next Year-15.11%
Revenue Next 2Y-2.33%
Revenue Next 3Y-5.61%
Revenue Next 5YN/A
EBIT growth 1Y-4.58%
EBIT growth 3Y27.22%
EBIT growth 5Y11.61%
EBIT Next Year-23.54%
EBIT Next 3Y-7.58%
EBIT Next 5YN/A
FCF growth 1Y18.28%
FCF growth 3Y86.99%
FCF growth 5Y17.2%
OCF growth 1Y-31.7%
OCF growth 3Y35.78%
OCF growth 5Y14.3%
GRAY MEDIA INC / GTN FAQ
What is the fundamental rating for GTN stock?
ChartMill assigns a fundamental rating of 5 / 10 to GTN.
What is the valuation status of GRAY MEDIA INC (GTN) stock?
ChartMill assigns a valuation rating of 8 / 10 to GRAY MEDIA INC (GTN). This can be considered as Undervalued.
What is the profitability of GTN stock?
GRAY MEDIA INC (GTN) has a profitability rating of 6 / 10.
What is the valuation of GRAY MEDIA INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for GRAY MEDIA INC (GTN) is 6.05 and the Price/Book (PB) ratio is 0.17.
What is the financial health of GRAY MEDIA INC (GTN) stock?
The financial health rating of GRAY MEDIA INC (GTN) is 2 / 10.