GRAY MEDIA INC (GTN) Stock Fundamental Analysis

NYSE:GTN • US3893751061

5.27 USD
+0.08 (+1.54%)
At close: Mar 2, 2026
5.03 USD
-0.24 (-4.55%)
Pre-Market: 3/3/2026, 7:55:51 AM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

4

GTN gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 91 industry peers in the Media industry. While GTN is still in line with the averages on profitability rating, there are concerns on its financial health. GTN is cheap, but on the other hand it scores bad on growth. GTN also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • In the past year GTN has reported negative net income.
  • GTN had a positive operating cash flow in the past year.
  • The reported net income has been mixed in the past 5 years: GTN reported negative net income in multiple years.
  • GTN had a positive operating cash flow in 4 of the past 5 years.
GTN Yearly Net Income VS EBIT VS OCF VS FCFGTN Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M 800M

1.2 Ratios

  • With a decent Return On Assets value of 0.41%, GTN is doing good in the industry, outperforming 70.33% of the companies in the same industry.
  • Looking at the Return On Equity, with a value of 1.50%, GTN is in the better half of the industry, outperforming 72.53% of the companies in the same industry.
  • GTN's Return On Invested Capital of 4.86% is fine compared to the rest of the industry. GTN outperforms 67.03% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for GTN is in line with the industry average of 7.00%.
Industry RankSector 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%
GTN Yearly ROA, ROE, ROICGTN Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20

1.3 Margins

  • With a decent Profit Margin value of 1.25%, GTN is doing good in the industry, outperforming 72.53% of the companies in the same industry.
  • GTN's Profit Margin has improved in the last couple of years.
  • Looking at the Operating Margin, with a value of 18.67%, GTN belongs to the top of the industry, outperforming 87.91% of the companies in the same industry.
  • GTN's Operating Margin has been stable in the last couple of years.
  • With a Gross Margin value of 29.27%, GTN is not doing good in the industry: 63.74% of the companies in the same industry are doing better.
  • GTN's Gross Margin has been stable in the last couple of years.
Industry RankSector 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%
GTN Yearly Profit, Operating, Gross MarginsGTN Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30 40

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ROAROEROICOperating and Profit MarginShow most profitable peers

2

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.
  • There is no outstanding debt for GTN. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
GTN Yearly Shares OutstandingGTN Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M
GTN Yearly Total Debt VS Total AssetsGTN Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B 10B

2.2 Solvency

  • Based on the Altman-Z score of 0.73, we must say that GTN is in the distress zone and has some risk of bankruptcy.
  • GTN has a Altman-Z score of 0.73. This is comparable to the rest of the industry: GTN outperforms 50.55% of its industry peers.
  • GTN has a debt to FCF ratio of 12.75. This is a negative value and a sign of low solvency as GTN would need 12.75 years to pay back of all of its debts.
  • GTN has a better Debt to FCF ratio (12.75) than 63.74% of its industry peers.
  • A Debt/Equity ratio of 2.00 is on the high side and indicates that GTN has dependencies on debt financing.
  • The Debt to Equity ratio of GTN (2.00) is worse than 65.93% of its industry peers.
Industry RankSector Rank
Debt/Equity 2
Debt/FCF 12.75
Altman-Z 0.73
ROIC/WACC0.81
WACC5.98%
GTN Yearly LT Debt VS Equity VS FCFGTN Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

2.3 Liquidity

  • A Current Ratio of 0.93 indicates that GTN may have some problems paying its short term obligations.
  • GTN's Current ratio of 0.93 is on the low side compared to the rest of the industry. GTN is outperformed by 62.64% 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 worse Quick ratio (0.93) than 60.44% of its industry peers.
Industry RankSector Rank
Current Ratio 0.93
Quick Ratio 0.93
GTN Yearly Current Assets VS Current LiabilitesGTN Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

2

3. Growth

3.1 Past

  • GTN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -133.33%.
EPS 1Y (TTM)-133.33%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-114.63%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-24.21%

3.2 Future

  • The Earnings Per Share is expected to grow by 61.10% on average over the next years. This is a very strong growth
  • Based on estimates for the next years, GTN will show a small growth in Revenue. The Revenue will grow by 0.25% on average per year.
EPS Next Y316.08%
EPS Next 2Y21.17%
EPS Next 3Y61.1%
EPS Next 5YN/A
Revenue Next Year12.75%
Revenue Next 2Y-0.35%
Revenue Next 3Y4.22%
Revenue Next 5Y0.25%

3.3 Evolution

GTN Yearly Revenue VS EstimatesGTN Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 1B 2B 3B
GTN Yearly EPS VS EstimatesGTN Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 1 -1 2 3 4

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Find the best growth stocksShow best growing peers

7

4. Valuation

4.1 Price/Earnings Ratio

  • GTN reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
  • The Price/Forward Earnings ratio is 2.16, which indicates a rather cheap valuation of GTN.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of GTN indicates a rather cheap valuation: GTN is cheaper than 96.70% of the companies listed in the same industry.
  • GTN is valuated cheaply when we compare the Price/Forward Earnings ratio to 28.11, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE N/A
Fwd PE 2.16
GTN Price Earnings VS Forward Price EarningsGTN Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 20 30

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 82.42% of the companies listed in the same industry.
  • Based on the Price/Free Cash Flow ratio, GTN is valued cheaper than 97.80% of the companies in the same industry.
Industry RankSector Rank
P/FCF 1.24
EV/EBITDA 6.65
GTN Per share dataGTN EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 -20 -40

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • A more expensive valuation may be justified as GTN's earnings are expected to grow with 61.10% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y21.17%
EPS Next 3Y61.1%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 6.07%, GTN is a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 1.07, GTN pays a better dividend. On top of this GTN pays more dividend than 92.31% 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 1.82.
Industry RankSector Rank
Dividend Yield 6.07%

5.2 History

  • The dividend of GTN is nicely growing with an annual growth rate of 15.86%!
  • 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
GTN Yearly Dividends per shareGTN Yearly Dividends per shareYearly Dividends per share 2021 2022 2023 2024 2025 2026 0.1 0.2 0.3

5.3 Sustainability

  • GTN pays out 200.00% of its income as dividend. This is not a sustainable payout ratio.
  • The dividend of GTN is growing, but earnings are growing more, so the dividend growth is sustainable.
DP200%
EPS Next 2Y21.17%
EPS Next 3Y61.1%
GTN Yearly Income VS Free CF VS DividendGTN Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M
GTN Dividend Payout.GTN Dividend Payout, showing the Payout Ratio.GTN Dividend Payout.PayoutRetained Earnings

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Find the best dividend stocksShow peers with best dividend

GRAY MEDIA INC

NYSE:GTN (3/2/2026, 8:25:02 PM)

Premarket: 5.03 -0.24 (-4.55%)

5.27

+0.08 (+1.54%)

Chartmill FA Rating
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)02-26
Earnings (Next)05-06
Inst Owners85.51%
Inst Owner Change1.06%
Ins Owners5.74%
Ins Owner Change24.66%
Market Cap546.92M
Revenue(TTM)N/A
Net Income(TTM)42.00M
Analysts77.78
Price Target6.53 (23.91%)
Short Float %6.01%
Short Ratio3.72
Dividend
Industry RankSector Rank
Dividend Yield 6.07%
Yearly Dividend0.86
Dividend Growth(5Y)15.86%
DP200%
Div Incr Years0
Div Non Decr Years3
Ex-Date03-13
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)0%
EPS NQ rev (1m)7.86%
EPS NQ rev (3m)-61.25%
EPS NY rev (1m)2.52%
EPS NY rev (3m)-14.25%
Revenue NQ rev (1m)-0.66%
Revenue NQ rev (3m)-2.48%
Revenue NY rev (1m)0.03%
Revenue NY rev (3m)-0.45%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 2.16
P/S 0.16
P/FCF 1.24
P/OCF 1
P/B 0.19
P/tB N/A
EV/EBITDA 6.65
EPS(TTM)-1.13
EYN/A
EPS(NY)2.44
Fwd EY46.33%
FCF(TTM)4.24
FCFY80.45%
OCF(TTM)5.25
OCFY99.65%
SpS32.26
BVpS27.06
TBVpS-51.3
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector 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 RankSector 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 0.73
F-Score4
WACC5.98%
ROIC/WACC0.81
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)-133.33%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-114.63%
EPS Next Y316.08%
EPS Next 2Y21.17%
EPS Next 3Y61.1%
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-24.21%
Revenue Next Year12.75%
Revenue Next 2Y-0.35%
Revenue Next 3Y4.22%
Revenue Next 5Y0.25%
EBIT growth 1Y-4.58%
EBIT growth 3Y27.22%
EBIT growth 5Y11.61%
EBIT Next Year-23.66%
EBIT Next 3Y-7.51%
EBIT Next 5Y-4.22%
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 4 / 10 to GTN.


What is the valuation status of GRAY MEDIA INC (GTN) stock?

ChartMill assigns a valuation rating of 7 / 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 5 / 10.


How financially healthy is GRAY MEDIA INC?

The financial health rating of GRAY MEDIA INC (GTN) is 2 / 10.