GRAY MEDIA INC (GTN) Stock Fundamental Analysis
USA - NYSE:GTN - US3893751061 - Common Stock
4.83 USD
+0.03 (+0.63%)
4.83 USD
0 (0%)
Overall GTN gets a fundamental rating of 5 out of 10. We evaluated GTN against 94 industry peers in the Media industry. GTN scores excellent on profitability, but there are concerns on its financial health. GTN scores decently on growth, while it is valued quite cheap. This could make an interesting combination. Finally GTN also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
GTN had positive earnings in the past year.
GTN had a positive operating cash flow in the past year.
GTN had positive earnings in 4 of the past 5 years.
In the past 5 years GTN always reported a positive cash flow from operatings.
1.2 Ratios
GTN has a better Return On Assets (1.43%) than 65.26% of its industry peers.
GTN's Return On Equity of 5.23% is fine compared to the rest of the industry. GTN outperforms 68.42% of its industry peers.
The Return On Invested Capital of GTN (6.14%) is better than 68.42% of its industry peers.
The Average Return On Invested Capital over the past 3 years for GTN is below the industry average of 8.50%.
The 3 year average ROIC (5.68%) for GTN is below the current ROIC(6.14%), indicating increased profibility in the last year.
| 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 68.42% of the companies in the same industry.
In the last couple of years the Profit Margin of GTN has grown nicely.
With an excellent Operating Margin value of 22.26%, GTN belongs to the best of the industry, outperforming 94.74% 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.
Looking at the Gross Margin, with a value of 32.46%, GTN is in line with its industry, outperforming 41.05% of the companies in the same 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
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.
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 0.80. 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.
GTN has a debt to FCF ratio of 7.90. This is a slightly negative value and a sign of low solvency as GTN would need 7.90 years to pay back of all of its debts.
GTN's Debt to FCF ratio of 7.90 is fine compared to the rest 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.
GTN has a Debt to Equity ratio of 1.97. This is in the lower half of the industry: GTN underperforms 67.37% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.97 | ||
| Debt/FCF | 7.9 | ||
| Altman-Z | 0.8 |
ROIC/WACC1.04
WACC5.91%
2.3 Liquidity
A Current Ratio of 0.87 indicates that GTN may have some problems paying its short term obligations.
GTN has a Current ratio of 0.87. This is in the lower half of the industry: GTN underperforms 66.32% 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's Quick ratio of 0.87 is on the low side compared to the rest of the industry. GTN is outperformed by 64.21% 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 growth in Earnings Per Share. In the last year, the EPS has been growing by 2557.14%, which is quite impressive.
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 a small growth in Revenue. In the last year, the Revenue has grown by 7.03%.
The Revenue has been growing by 11.42% on average over the past years. This is quite good.
EPS 1Y (TTM)2557.14%
EPS 3Y46.87%
EPS 5Y21.7%
EPS Q2Q%-566.67%
Revenue 1Y (TTM)7.03%
Revenue growth 3Y14.73%
Revenue growth 5Y11.42%
Sales Q2Q%-6.54%
3.2 Future
The Earnings Per Share is expected to decrease by -28.83% on average over the next years. This is quite bad
The Revenue is expected to decrease by -4.73% on average over the next years.
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 2.60, which indicates a rather cheap valuation of GTN.
97.89% of the companies in the same industry are more expensive than GTN, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.89, GTN is valued rather cheaply.
The Price/Forward Earnings ratio is 1.89, which indicates a rather cheap valuation of GTN.
GTN's Price/Forward Earnings ratio is rather cheap when compared to the industry. GTN is cheaper than 97.89% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of GTN to the average of the S&P500 Index (22.99), we can say GTN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 2.6 | ||
| Fwd PE | 1.89 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, GTN is valued cheaper than 85.26% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of GTN indicates a rather cheap valuation: GTN is cheaper than 98.95% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 0.7 | ||
| EV/EBITDA | 5.48 |
4.3 Compensation for Growth
GTN has a very decent profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as GTN's earnings are expected to decrease with -28.83% in the coming years.
PEG (NY)N/A
PEG (5Y)0.12
EPS Next 2Y-13.18%
EPS Next 3Y-28.83%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.67%, GTN is a good candidate for dividend investing.
GTN's Dividend Yield is rather good when compared to the industry average which is at 4.39. GTN pays more dividend than 92.63% of the companies in the same industry.
GTN's Dividend Yield is rather good when compared to the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.67% |
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
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%
4.83
+0.03 (+0.63%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners79.67%
Inst Owner Change0.13%
Ins Owners5.78%
Ins Owner Change3.96%
Market Cap493.09M
Revenue(TTM)3.55B
Net Income(TTM)148.00M
Analysts78
Price Target6.2 (28.36%)
Short Float %6.14%
Short Ratio4.77
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.67% |
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)0%
EPS NQ rev (3m)-105.88%
EPS NY rev (1m)0%
EPS NY rev (3m)-85.34%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-5.32%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 2.6 | ||
| Fwd PE | 1.89 | ||
| P/S | 0.14 | ||
| P/FCF | 0.7 | ||
| P/OCF | 0.6 | ||
| P/B | 0.17 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.48 |
EPS(TTM)1.86
EY38.51%
EPS(NY)2.56
Fwd EY52.9%
FCF(TTM)6.94
FCFY143.58%
OCF(TTM)8.11
OCFY167.92%
SpS34.76
BVpS27.73
TBVpS-52.15
PEG (NY)N/A
PEG (5Y)0.12
Graham Number34.07
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
WACC5.91%
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)2557.14%
EPS 3Y46.87%
EPS 5Y21.7%
EPS Q2Q%-566.67%
EPS Next Y-140.42%
EPS Next 2Y-13.18%
EPS Next 3Y-28.83%
EPS Next 5YN/A
Revenue 1Y (TTM)7.03%
Revenue growth 3Y14.73%
Revenue growth 5Y11.42%
Sales Q2Q%-6.54%
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.