GRAY MEDIA INC (GTN) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:GTN - US3893751061 - Common Stock
4.97 USD
+0.08 (+1.64%)
4.8 USD
-0.17 (-3.42%)
GTN gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 96 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.
1. Profitability
1.1 Basic Checks
GTN had positive earnings in the past year.
In the past year GTN had a positive cash flow from operations.
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 0.41%, GTN is in line with its industry, outperforming 59.38% of the companies in the same industry.
GTN's Return On Equity of 1.50% is fine compared to the rest of the industry. GTN outperforms 61.46% of its industry peers.
The Return On Invested Capital of GTN (4.86%) is better than 64.58% of its industry peers.
The Average Return On Invested Capital over the past 3 years for GTN is below the industry average of 8.15%.
| 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
The Profit Margin of GTN (1.25%) is better than 60.42% of its industry peers.
GTN's Profit Margin has improved in the last couple of years.
The Operating Margin of GTN (18.67%) is better than 88.54% of its industry peers.
GTN's Operating Margin has been stable in the last couple of years.
GTN's Gross Margin of 29.27% is on the low side compared to the rest of the industry. GTN is outperformed by 63.54% 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
GTN has an Altman-Z score of 0.73. 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 (0.73) 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 Debt to FCF ratio value of 12.75, GTN perfoms like the industry average, outperforming 59.38% of the companies in the same industry.
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 68.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2 | ||
| Debt/FCF | 12.75 | ||
| Altman-Z | 0.73 |
ROIC/WACC0.82
WACC5.93%
2.3 Liquidity
A Current Ratio of 0.93 indicates that GTN may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.93, GTN is doing worse than 61.46% of the companies in the same industry.
GTN has a Quick Ratio of 0.93. This is a bad value and indicates that GTN is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of GTN (0.93) 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.
The Earnings Per Share has been growing by 21.70% on average over the past years. This is a very strong growth
The Revenue has decreased by -3.32% in the past 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
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
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
With a Price/Earnings ratio of 6.63, the valuation of GTN can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of GTN indicates a rather cheap valuation: GTN is cheaper than 86.46% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.98, GTN is valued rather cheaply.
The Price/Forward Earnings ratio is 1.94, which indicates a rather cheap valuation of GTN.
Based on the Price/Forward Earnings ratio, GTN is valued cheaper than 96.88% of the companies in the same industry.
GTN's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 35.79.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.63 | ||
| Fwd PE | 1.94 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, GTN is valued a bit cheaper than 77.08% of the companies in the same industry.
GTN's Price/Free Cash Flow ratio is rather cheap when compared to the industry. GTN is cheaper than 97.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.15 | ||
| EV/EBITDA | 6.6 |
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 -28.83% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.31
EPS Next 2Y-13.18%
EPS Next 3Y-28.83%
5. Dividend
5.1 Amount
GTN has a Yearly Dividend Yield of 7.13%, which is a nice return.
GTN's Dividend Yield is rather good when compared to the industry average which is at 4.66. GTN pays more dividend than 93.75% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.41, GTN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.13% |
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.
The Dividend Rate of GTN has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP200%
EPS Next 2Y-13.18%
EPS Next 3Y-28.83%
4.97
+0.08 (+1.64%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners79.67%
Inst Owner Change7.32%
Ins Owners5.78%
Ins Owner Change-0.12%
Market Cap507.39M
Revenue(TTM)3.35B
Net Income(TTM)42.00M
Analysts78
Price Target6.53 (31.39%)
Short Float %5.79%
Short Ratio4.35
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.13% |
Yearly Dividend0.86
Dividend Growth(5Y)15.86%
DP200%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)16.43%
Min EPS beat(2)-18.14%
Max EPS beat(2)51.01%
EPS beat(4)3
Avg EPS beat(4)29.44%
Min EPS beat(4)-18.14%
Max EPS beat(4)55%
EPS beat(8)4
Avg EPS beat(8)60.01%
EPS beat(12)6
Avg EPS beat(12)30.57%
EPS beat(16)8
Avg EPS beat(16)22.45%
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)5.21%
PT rev (3m)8.17%
EPS NQ rev (1m)12.79%
EPS NQ rev (3m)-48.81%
EPS NY rev (1m)0%
EPS NY rev (3m)-19.22%
Revenue NQ rev (1m)-0.55%
Revenue NQ rev (3m)-1.76%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.73%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.63 | ||
| Fwd PE | 1.94 | ||
| P/S | 0.15 | ||
| P/FCF | 1.15 | ||
| P/OCF | 0.93 | ||
| P/B | 0.18 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.6 |
EPS(TTM)0.75
EY15.09%
EPS(NY)2.56
Fwd EY51.41%
FCF(TTM)4.31
FCFY86.72%
OCF(TTM)5.34
OCFY107.41%
SpS32.79
BVpS27.51
TBVpS-52.15
PEG (NY)N/A
PEG (5Y)0.31
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 | 0.73 |
F-Score4
WACC5.93%
ROIC/WACC0.82
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)-3.32%
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 1Y-4.58%
EBIT growth 3Y27.22%
EBIT growth 5Y11.61%
EBIT Next Year-21.77%
EBIT Next 3Y-5.02%
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.
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 6 / 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.