GRAY MEDIA INC (GTN) Fundamental Analysis & Valuation
NYSE:GTN • US3893751061
5.415 USD
-0.25 (-4.33%)
Last: Mar 5, 2026, 03:34 PM
This GTN fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
GTN gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 91 industry peers in the Media industry. GTN may be in some trouble as it scores bad on both profitability and health. GTN has a valuation in line with the averages, but on the other hand it scores bad on growth. GTN also has an excellent dividend rating.
1. GTN Profitability Analysis
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.
- In the past 5 years GTN always reported a positive cash flow from operatings.
1.2 Ratios
- Looking at the Return On Assets, with a value of -1.31%, GTN is in line with its industry, outperforming 59.34% of the companies in the same industry.
- The Return On Equity of GTN (-4.88%) is better than 60.44% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 3.37%, GTN is in the better half of the industry, outperforming 62.64% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for GTN is below the industry average of 6.92%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.31% | ||
| ROE | -4.88% | ||
| ROIC | 3.37% |
ROA(3y)0.18%
ROA(5y)0.9%
ROE(3y)0.41%
ROE(5y)3.48%
ROIC(3y)4.37%
ROIC(5y)4.64%
1.3 Margins
- GTN's Operating Margin of 14.18% is amongst the best of the industry. GTN outperforms 80.22% of its industry peers.
- In the last couple of years the Operating Margin of GTN has declined.
- GTN has a worse Gross Margin (24.59%) than 68.13% of its industry peers.
- GTN's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.18% | ||
| PM (TTM) | N/A | ||
| GM | 24.59% |
OM growth 3Y-21.16%
OM growth 5Y-16.99%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-14.26%
GM growth 5Y-11.33%
2. GTN Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so GTN is destroying value.
- GTN has more shares outstanding than it did 1 year ago.
- Compared to 5 years ago, GTN has more shares outstanding
- The debt/assets ratio for GTN is higher compared to a year ago.
2.2 Solvency
- Based on the Altman-Z score of 0.66, we must say that GTN is in the distress zone and has some risk of bankruptcy.
- With a Altman-Z score value of 0.66, GTN perfoms like the industry average, outperforming 49.45% of the companies in the same industry.
- The Debt to FCF ratio of GTN is 31.73, which is on the high side as it means it would take GTN, 31.73 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 31.73, GTN is in line with its industry, outperforming 54.95% of the companies in the same industry.
- A Debt/Equity ratio of 2.05 is on the high side and indicates that GTN has dependencies on debt financing.
- GTN has a worse Debt to Equity ratio (2.05) than 67.03% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.05 | ||
| Debt/FCF | 31.73 | ||
| Altman-Z | 0.66 |
ROIC/WACC0.54
WACC6.25%
2.3 Liquidity
- A Current Ratio of 1.27 indicates that GTN should not have too much problems paying its short term obligations.
- GTN has a Current ratio (1.27) which is in line with its industry peers.
- GTN has a Quick Ratio of 1.27. This is a normal value and indicates that GTN is financially healthy and should not expect problems in meeting its short term obligations.
- With a Quick ratio value of 1.27, GTN perfoms like the industry average, outperforming 53.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.27 | ||
| Quick Ratio | 1.27 |
3. GTN Growth Analysis
3.1 Past
- GTN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -133.33%.
- GTN shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -15.07%.
- The Revenue has been growing slightly by 5.39% on average over the past years.
EPS 1Y (TTM)-133.33%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-114.63%
Revenue 1Y (TTM)-15.07%
Revenue growth 3Y-5.57%
Revenue growth 5Y5.39%
Sales Q2Q%-24.21%
3.2 Future
- Based on estimates for the next years, GTN will show a very strong growth in Earnings Per Share. The EPS will grow by 61.10% on average per year.
- 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
- 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. GTN Valuation Analysis
4.1 Price/Earnings Ratio
- GTN reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
- GTN is valuated cheaply with a Price/Forward Earnings ratio of 2.22.
- GTN's Price/Forward Earnings ratio is rather cheap when compared to the industry. GTN is cheaper than 96.70% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 25.11. GTN is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 2.22 |
4.2 Price Multiples
- 68.13% of the companies in the same industry are more expensive than GTN, based on the Enterprise Value to EBITDA ratio.
- Based on the Price/Free Cash Flow ratio, GTN is valued cheaper than 92.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.1 | ||
| EV/EBITDA | 8.48 |
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%
5. GTN Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 5.65%, 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.
- Compared to an average S&P500 Dividend Yield of 1.82, GTN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.65% |
5.2 History
- On average, the dividend of GTN grows each year by 9.60%, which is quite nice.
- 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)9.6%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
- The earnings of GTN are negative and hence is the payout ratio. GTN will probably not be able to sustain this dividend level.
- GTN's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-62.04%
EPS Next 2Y21.17%
EPS Next 3Y61.1%
GTN Fundamentals: All Metrics, Ratios and Statistics
NYSE:GTN (3/5/2026, 3:34:04 PM)
5.415
-0.25 (-4.33%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)02-26 2026-02-26/bmo
Earnings (Next)05-06 2026-05-06
Inst Owners85.51%
Inst Owner Change1.06%
Ins Owners5.74%
Ins Owner Change24.66%
Market Cap561.97M
Revenue(TTM)3.10B
Net Income(TTM)-137.00M
Analysts77.78
Price Target6.53 (20.59%)
Short Float %6.01%
Short Ratio3.72
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.65% |
Yearly Dividend0.84
Dividend Growth(5Y)9.6%
DP-62.04%
Div Incr Years0
Div Non Decr Years3
Ex-Date03-13 2026-03-13 (0.08)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)37.88%
Min EPS beat(2)26.32%
Max EPS beat(2)49.44%
EPS beat(4)3
Avg EPS beat(4)28.15%
Min EPS beat(4)-18.14%
Max EPS beat(4)55%
EPS beat(8)5
Avg EPS beat(8)68.71%
EPS beat(12)6
Avg EPS beat(12)25.03%
EPS beat(16)9
Avg EPS beat(16)19.91%
Revenue beat(2)1
Avg Revenue beat(2)0.03%
Min Revenue beat(2)-0.47%
Max Revenue beat(2)0.53%
Revenue beat(4)2
Avg Revenue beat(4)0%
Min Revenue beat(4)-0.47%
Max Revenue beat(4)0.53%
Revenue beat(8)2
Avg Revenue beat(8)-0.81%
Revenue beat(12)4
Avg Revenue beat(12)-0.49%
Revenue beat(16)7
Avg Revenue beat(16)-0.45%
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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 2.22 | ||
| P/S | 0.18 | ||
| P/FCF | 3.1 | ||
| P/OCF | 1.94 | ||
| P/B | 0.2 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.48 |
EPS(TTM)-1.13
EYN/A
EPS(NY)2.44
Fwd EY45.09%
FCF(TTM)1.74
FCFY32.21%
OCF(TTM)2.78
OCFY51.43%
SpS29.82
BVpS27.03
TBVpS-51.1
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.31% | ||
| ROE | -4.88% | ||
| ROCE | 4.42% | ||
| ROIC | 3.37% | ||
| ROICexc | 3.5% | ||
| ROICexgc | 23.11% | ||
| OM | 14.18% | ||
| PM (TTM) | N/A | ||
| GM | 24.59% | ||
| FCFM | 5.85% |
ROA(3y)0.18%
ROA(5y)0.9%
ROE(3y)0.41%
ROE(5y)3.48%
ROIC(3y)4.37%
ROIC(5y)4.64%
ROICexc(3y)4.45%
ROICexc(5y)4.7%
ROICexgc(3y)26.9%
ROICexgc(5y)27.2%
ROCE(3y)5.74%
ROCE(5y)6.09%
ROICexgc growth 3Y-16.38%
ROICexgc growth 5Y-16.01%
ROICexc growth 3Y-22.73%
ROICexc growth 5Y-18.72%
OM growth 3Y-21.16%
OM growth 5Y-16.99%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-14.26%
GM growth 5Y-11.33%
F-Score3
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.05 | ||
| Debt/FCF | 31.73 | ||
| Debt/EBITDA | 8.17 | ||
| Cap/Depr | 40.91% | ||
| Cap/Sales | 3.49% | ||
| Interest Coverage | 1.12 | ||
| Cash Conversion | 41.11% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.27 | ||
| Quick Ratio | 1.27 | ||
| Altman-Z | 0.66 |
F-Score3
WACC6.25%
ROIC/WACC0.54
Cap/Depr(3y)60.54%
Cap/Depr(5y)75.02%
Cap/Sales(3y)6.01%
Cap/Sales(5y)7.69%
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)-15.07%
Revenue growth 3Y-5.57%
Revenue growth 5Y5.39%
Sales Q2Q%-24.21%
Revenue Next Year12.75%
Revenue Next 2Y-0.35%
Revenue Next 3Y4.22%
Revenue Next 5Y0.25%
EBIT growth 1Y-49.6%
EBIT growth 3Y-25.55%
EBIT growth 5Y-12.51%
EBIT Next Year190.04%
EBIT Next 3Y42.74%
EBIT Next 5Y16.22%
FCF growth 1Y-70.23%
FCF growth 3Y-22.77%
FCF growth 5Y-19.7%
OCF growth 1Y-61.52%
OCF growth 3Y-29.62%
OCF growth 5Y-15.02%
GRAY MEDIA INC / GTN FAQ
What is the fundamental rating for GTN stock?
ChartMill assigns a fundamental rating of 3 / 10 to GTN.
What is the valuation status of GRAY MEDIA INC (GTN) stock?
ChartMill assigns a valuation rating of 6 / 10 to GRAY MEDIA INC (GTN). This can be considered as Fairly Valued.
What is the profitability of GTN stock?
GRAY MEDIA INC (GTN) has a profitability rating of 3 / 10.
How financially healthy is GRAY MEDIA INC?
The financial health rating of GRAY MEDIA INC (GTN) is 2 / 10.