GRAY MEDIA INC (GTN) Stock Fundamental Analysis
USA - NYSE:GTN - US3893751061 - Common Stock
4.82 USD
+0.22 (+4.78%)
4.8301 USD
+0.01 (+0.21%)
GTN gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 96 industry peers in the Media industry. GTN scores excellent on profitability, but there are concerns on its financial health. GTN has a bad growth rate and is valued cheaply. GTN also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year GTN was profitable.
GTN had a positive operating cash flow in the past year.
Of the past 5 years GTN 4 years were profitable.
GTN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.43%, GTN is in the better half of the industry, outperforming 64.58% of the companies in the same industry.
GTN has a better Return On Equity (5.23%) than 67.71% of its industry peers.
GTN has a Return On Invested Capital of 6.14%. This is in the better half of the industry: GTN outperforms 68.75% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for GTN is below the industry average of 8.55%.
The last Return On Invested Capital (6.14%) for GTN is above the 3 year average (5.68%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.43% | ||
| ROE | 5.23% | ||
| ROIC | 6.14% |
ROA(3y)1.82%
ROA(5y)2.1%
ROE(3y)6.9%
ROE(5y)7.44%
ROIC(3y)5.68%
ROIC(5y)5.66%
1.3 Margins
Looking at the Profit Margin, with a value of 4.17%, GTN is in the better half of the industry, outperforming 68.75% of the companies in the same industry.
GTN's Profit Margin has improved in the last couple of years.
GTN's Operating Margin of 22.26% is amongst the best of the industry. GTN outperforms 94.79% of its industry peers.
GTN's Operating Margin has been stable in the last couple of years.
GTN's Gross Margin of 32.46% is in line compared to the rest of the industry. GTN outperforms 41.67% of its industry peers.
In the last couple of years the Gross Margin of GTN has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.26% | ||
| PM (TTM) | 4.17% | ||
| GM | 32.46% |
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so GTN is still creating some value.
The number of shares outstanding for GTN has been increased compared to 1 year ago.
Compared to 5 years ago, GTN has less shares outstanding
Compared to 1 year ago, GTN has an improved debt to assets ratio.
2.2 Solvency
GTN has an Altman-Z score of 0.80. This is a bad value and indicates that GTN is not financially healthy and even has some risk of bankruptcy.
GTN has a Altman-Z score (0.80) which is in line with its industry peers.
The Debt to FCF ratio of GTN is 7.90, which is on the high side as it means it would take GTN, 7.90 years of fcf income to pay off all of its debts.
GTN has a better Debt to FCF ratio (7.90) than 64.58% of its industry peers.
A Debt/Equity ratio of 1.97 is on the high side and indicates that GTN has dependencies on debt financing.
With a Debt to Equity ratio value of 1.97, GTN is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.97 | ||
| Debt/FCF | 7.9 | ||
| Altman-Z | 0.8 |
ROIC/WACC1.04
WACC5.92%
2.3 Liquidity
A Current Ratio of 0.87 indicates that GTN may have some problems paying its short term obligations.
GTN has a worse Current ratio (0.87) than 65.63% of its industry peers.
GTN has a Quick Ratio of 0.87. This is a bad value and indicates that GTN is not financially healthy enough and could expect problems in meeting its short term obligations.
GTN has a worse Quick ratio (0.87) than 63.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.87 | ||
| Quick Ratio | 0.87 |
3. Growth
3.1 Past
GTN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -50.33%.
Measured over the past years, GTN shows a very strong growth in Earnings Per Share. The EPS has been growing by 21.70% on average per year.
GTN shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.06%.
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)11.06%
Revenue growth 3Y14.73%
Revenue growth 5Y11.42%
Sales Q2Q%-21.16%
3.2 Future
Based on estimates for the next years, GTN will show a very negative growth in Earnings Per Share. The EPS will decrease by -28.83% on average per year.
GTN is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -4.73% yearly.
EPS Next Y-140.42%
EPS Next 2Y-13.18%
EPS Next 3Y-28.83%
EPS Next 5YN/A
Revenue Next Year-14.7%
Revenue Next 2Y-1.74%
Revenue Next 3Y-4.73%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 6.43, the valuation of GTN can be described as very cheap.
Based on the Price/Earnings ratio, GTN is valued cheaply inside the industry as 86.46% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of GTN to the average of the S&P500 Index (25.83), we can say GTN is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 1.89, the valuation of GTN can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of GTN indicates a rather cheap valuation: GTN is cheaper than 97.92% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 32.68. GTN is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.43 | ||
| Fwd PE | 1.89 |
4.2 Price Multiples
GTN's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. GTN is cheaper than 83.33% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, GTN is valued cheaper than 97.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 0.7 | ||
| EV/EBITDA | 5.48 |
4.3 Compensation for Growth
The decent profitability rating of GTN may justify a higher PE ratio.
GTN's earnings are expected to decrease with -28.83% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.3
EPS Next 2Y-13.18%
EPS Next 3Y-28.83%
5. Dividend
5.1 Amount
GTN has a Yearly Dividend Yield of 6.96%, which is a nice return.
Compared to an average industry Dividend Yield of 4.35, GTN pays a better dividend. On top of this GTN pays more dividend than 94.79% of the companies listed in the same industry.
GTN's Dividend Yield is rather good when compared to the S&P500 average which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.96% |
5.2 History
On average, the dividend of GTN grows each year by 15.86%, which is quite nice.
GTN has paid a dividend for at least 10 years, which is 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
56.76% of the earnings are spent on dividend by GTN. This is a bit on the high side, but may be sustainable.
GTN's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP56.76%
EPS Next 2Y-13.18%
EPS Next 3Y-28.83%
4.82
+0.22 (+4.78%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners79.67%
Inst Owner Change0.88%
Ins Owners5.78%
Ins Owner Change5.21%
Market Cap492.07M
Revenue(TTM)3.64B
Net Income(TTM)148.00M
Analysts78
Price Target6.2 (28.63%)
Short Float %5.89%
Short Ratio4.58
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.96% |
Yearly Dividend0.86
Dividend Growth(5Y)15.86%
DP56.76%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)18.43%
Min EPS beat(2)-18.14%
Max EPS beat(2)55%
EPS beat(4)2
Avg EPS beat(4)14.85%
Min EPS beat(4)-18.14%
Max EPS beat(4)55%
EPS beat(8)3
Avg EPS beat(8)43.89%
EPS beat(12)5
Avg EPS beat(12)24.02%
EPS beat(16)7
Avg EPS beat(16)18.9%
Revenue beat(2)1
Avg Revenue beat(2)-0.03%
Min Revenue beat(2)-0.26%
Max Revenue beat(2)0.2%
Revenue beat(4)1
Avg Revenue beat(4)-0.81%
Min Revenue beat(4)-2.79%
Max Revenue beat(4)0.2%
Revenue beat(8)1
Avg Revenue beat(8)-0.95%
Revenue beat(12)4
Avg Revenue beat(12)-0.79%
Revenue beat(16)8
Avg Revenue beat(16)-0.01%
PT rev (1m)0%
PT rev (3m)19.28%
EPS NQ rev (1m)-15.48%
EPS NQ rev (3m)-137.74%
EPS NY rev (1m)0%
EPS NY rev (3m)-85.34%
Revenue NQ rev (1m)0.07%
Revenue NQ rev (3m)-5.26%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.43 | ||
| Fwd PE | 1.89 | ||
| P/S | 0.14 | ||
| P/FCF | 0.7 | ||
| P/OCF | 0.59 | ||
| P/B | 0.17 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.48 |
EPS(TTM)0.75
EY15.56%
EPS(NY)2.56
Fwd EY53.01%
FCF(TTM)6.94
FCFY143.88%
OCF(TTM)8.11
OCFY168.27%
SpS34.76
BVpS27.73
TBVpS-52.15
PEG (NY)N/A
PEG (5Y)0.3
Graham Number21.63
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.43% | ||
| ROE | 5.23% | ||
| ROCE | 8.06% | ||
| ROIC | 6.14% | ||
| ROICexc | 6.27% | ||
| ROICexgc | 41.56% | ||
| OM | 22.26% | ||
| PM (TTM) | 4.17% | ||
| GM | 32.46% | ||
| FCFM | 19.95% |
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-Score7
Asset Turnover0.34
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.97 | ||
| Debt/FCF | 7.9 | ||
| Debt/EBITDA | 5.2 | ||
| Cap/Depr | 42.25% | ||
| Cap/Sales | 3.38% | ||
| Interest Coverage | 1.91 | ||
| Cash Conversion | 77.1% | ||
| Profit Quality | 478.38% | ||
| Current Ratio | 0.87 | ||
| Quick Ratio | 0.87 | ||
| Altman-Z | 0.8 |
F-Score7
WACC5.92%
ROIC/WACC1.04
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-140.42%
EPS Next 2Y-13.18%
EPS Next 3Y-28.83%
EPS Next 5YN/A
Revenue 1Y (TTM)11.06%
Revenue growth 3Y14.73%
Revenue growth 5Y11.42%
Sales Q2Q%-21.16%
Revenue Next Year-14.7%
Revenue Next 2Y-1.74%
Revenue Next 3Y-4.73%
Revenue Next 5YN/A
EBIT growth 1Y54.9%
EBIT growth 3Y27.22%
EBIT growth 5Y11.61%
EBIT Next Year-21.77%
EBIT Next 3Y-5.02%
EBIT Next 5YN/A
FCF growth 1Y51.28%
FCF growth 3Y86.99%
FCF growth 5Y17.2%
OCF growth 1Y-13.57%
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.
Can you provide the valuation status for GRAY MEDIA INC?
ChartMill assigns a valuation rating of 8 / 10 to GRAY MEDIA INC (GTN). This can be considered as Undervalued.
How profitable is GRAY MEDIA INC (GTN) stock?
GRAY MEDIA INC (GTN) has a profitability rating of 7 / 10.
What is the financial health of GRAY MEDIA INC (GTN) stock?
The financial health rating of GRAY MEDIA INC (GTN) is 2 / 10.
What is the earnings growth outlook for GRAY MEDIA INC?
The Earnings per Share (EPS) of GRAY MEDIA INC (GTN) is expected to decline by -140.42% in the next year.