GRAY MEDIA INC (GTN) Stock Fundamental Analysis
USA - NYSE:GTN - US3893751061 - Common Stock
4.65 USD
-0.19 (-3.93%)
4.65 USD
0 (0%)
GTN gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 95 industry peers in the Media industry. While GTN belongs to the best of the industry regarding profitability, there are concerns on its financial health. GTN has a bad growth rate and is valued cheaply. Finally 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.
Each year in the past 5 years GTN had a positive operating cash flow.
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 64.21% of the companies in the same industry.
With a decent Return On Equity value of 5.23%, GTN is doing good in the industry, outperforming 67.37% of the companies in the same industry.
GTN's Return On Invested Capital of 6.14% is fine compared to the rest of the industry. GTN outperforms 69.47% of its industry peers.
GTN had an Average Return On Invested Capital over the past 3 years of 5.68%. This is below the industry average of 8.51%.
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
The Profit Margin of GTN (4.17%) is better than 68.42% of its industry peers.
In the last couple of years the Profit Margin of GTN has grown nicely.
Looking at the Operating Margin, with a value of 22.26%, GTN belongs to the top of the industry, outperforming 95.79% 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 has a Gross Margin (32.46%) which is comparable to the rest of the industry.
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), GTN is creating some value.
GTN has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, GTN has less shares outstanding
GTN has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.80, we must say that GTN is in the distress zone and has some risk of bankruptcy.
GTN has a Altman-Z score (0.80) which is comparable to the rest of the industry.
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 Debt to FCF ratio of 7.90. This is in the better half of the industry: GTN outperforms 64.21% of its industry peers.
GTN has a Debt/Equity ratio of 1.97. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.97, GTN is not doing good in the industry: 67.37% 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
WACC5.89%
2.3 Liquidity
A Current Ratio of 0.87 indicates that GTN may have some problems paying its short term obligations.
The Current ratio of GTN (0.87) is worse than 65.26% of its industry peers.
A Quick Ratio of 0.87 indicates that GTN may have some problems paying its short term obligations.
GTN has a worse Quick ratio (0.87) than 63.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.87 | ||
| Quick Ratio | 0.87 |
3. Growth
3.1 Past
The earnings per share for GTN have decreased strongly by -50.33% in the last year.
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%.
GTN shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.42% yearly.
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.
Based on estimates for the next years, GTN will show a decrease in Revenue. The Revenue will decrease by -4.73% on average per year.
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 6.20, 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 85.26% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.89, GTN is valued rather cheaply.
GTN is valuated cheaply with a Price/Forward Earnings ratio of 1.82.
97.89% of the companies in the same industry are more expensive than GTN, based on the Price/Forward Earnings ratio.
GTN's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 34.59.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.2 | ||
| Fwd PE | 1.82 |
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 84.21% of the companies listed in the same industry.
GTN's Price/Free Cash Flow ratio is rather cheap when compared to the industry. GTN is cheaper than 97.89% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 0.67 | ||
| EV/EBITDA | 5.48 |
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)0.29
EPS Next 2Y-13.18%
EPS Next 3Y-28.83%
5. Dividend
5.1 Amount
GTN has a Yearly Dividend Yield of 6.61%, which is a nice return.
In the last 3 months the price of GTN has falen by -20.92%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
GTN's Dividend Yield is rather good when compared to the industry average which is at 4.47. GTN pays more dividend than 93.68% of the companies in the same industry.
GTN's Dividend Yield is rather good when compared to the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.61% |
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
GTN pays out 56.76% of its income as dividend. 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%
4.65
-0.19 (-3.93%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners79.67%
Inst Owner Change0.79%
Ins Owners5.78%
Ins Owner Change-0.12%
Market Cap474.72M
Revenue(TTM)3.64B
Net Income(TTM)148.00M
Analysts78
Price Target6.2 (33.33%)
Short Float %5.89%
Short Ratio4.58
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.61% |
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 | 6.2 | ||
| Fwd PE | 1.82 | ||
| P/S | 0.13 | ||
| P/FCF | 0.67 | ||
| P/OCF | 0.57 | ||
| P/B | 0.17 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.48 |
EPS(TTM)0.75
EY16.13%
EPS(NY)2.56
Fwd EY54.95%
FCF(TTM)6.94
FCFY149.14%
OCF(TTM)8.11
OCFY174.42%
SpS34.76
BVpS27.73
TBVpS-52.15
PEG (NY)N/A
PEG (5Y)0.29
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
WACC5.89%
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.