GRAY MEDIA INC (GTN) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:GTN - US3893751061 - Common Stock
5.13 USD
-0.2 (-3.75%)
5.072 USD
-0.06 (-1.13%)
GTN gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 95 industry peers in the Media industry. GTN has a medium profitability rating, but doesn't score so well on its financial health evaluation. GTN is valued quite cheap, but it does not seem to be growing.
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.
Each year in the past 5 years GTN had a positive operating cash flow.
1.2 Ratios
GTN has a Return On Assets of 0.41%. This is in the better half of the industry: GTN outperforms 64.21% of its industry peers.
The Return On Equity of GTN (1.50%) is better than 65.26% of its industry peers.
GTN has a Return On Invested Capital of 4.86%. This is in the better half of the industry: GTN outperforms 67.37% of its industry peers.
GTN had an Average Return On Invested Capital over the past 3 years of 5.68%. This is in line with the industry average of 7.16%.
| 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
GTN has a Profit Margin of 1.25%. This is in the better half of the industry: GTN outperforms 65.26% 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 18.67%, GTN belongs to the top of the industry, outperforming 88.42% 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 worse Gross Margin (29.27%) than 64.21% 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
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.
The number of shares outstanding for GTN has been reduced compared to 5 years ago.
GTN has a better debt/assets ratio than last year.
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 of 0.73. This is comparable to the rest of the industry: GTN outperforms 47.37% of 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 decent Debt to FCF ratio value of 12.75, GTN is doing good in the industry, outperforming 61.05% 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.
With a Debt to Equity ratio value of 2.00, 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 | 2 | ||
| Debt/FCF | 12.75 | ||
| Altman-Z | 0.73 |
ROIC/WACC0.81
WACC5.97%
2.3 Liquidity
GTN has a Current 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.
GTN's Current ratio of 0.93 is on the low side compared to the rest of the industry. GTN is outperformed by 61.05% of its industry peers.
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.
GTN's Quick ratio of 0.93 is in line compared to the rest of the industry. GTN outperforms 41.05% of its industry peers.
| 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.
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)-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 -28.41% on average per year.
The Revenue is expected to decrease by -4.93% on average over the next years.
EPS Next Y-136.2%
EPS Next 2Y-13.47%
EPS Next 3Y-28.41%
EPS Next 5YN/A
Revenue Next Year-14.83%
Revenue Next 2Y-1.72%
Revenue Next 3Y-4.93%
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.
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
Based on the Price/Earnings ratio of 6.84, the valuation of GTN can be described as very cheap.
Based on the Price/Earnings ratio, GTN is valued cheaply inside the industry as 89.47% of the companies are valued more expensively.
GTN's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.55.
A Price/Forward Earnings ratio of 2.02 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 98.95% of the companies in the same industry.
GTN is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.78, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.84 | ||
| Fwd PE | 2.02 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of GTN indicates a somewhat cheap valuation: GTN is cheaper than 78.95% 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 | 1.19 | ||
| EV/EBITDA | 6.65 |
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 -28.41% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.32
EPS Next 2Y-13.47%
EPS Next 3Y-28.41%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.79%, GTN is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 1.18, GTN pays a better dividend. On top of this GTN pays more dividend than 92.63% 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 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.79% |
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
GTN pays out 200.00% of its income as dividend. This is not a sustainable payout ratio.
GTN's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP200%
EPS Next 2Y-13.47%
EPS Next 3Y-28.41%
5.13
-0.2 (-3.75%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners85.6%
Inst Owner Change8.67%
Ins Owners5.78%
Ins Owner Change-1.52%
Market Cap523.72M
Revenue(TTM)3.35B
Net Income(TTM)42.00M
Analysts77.78
Price Target6.53 (27.29%)
Short Float %5.78%
Short Ratio4.51
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.79% |
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)5.21%
EPS NQ rev (1m)-60%
EPS NQ rev (3m)-39.54%
EPS NY rev (1m)10.44%
EPS NY rev (3m)-6.77%
Revenue NQ rev (1m)-1.24%
Revenue NQ rev (3m)-0.55%
Revenue NY rev (1m)-0.16%
Revenue NY rev (3m)-0.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.84 | ||
| Fwd PE | 2.02 | ||
| P/S | 0.16 | ||
| P/FCF | 1.19 | ||
| P/OCF | 0.96 | ||
| P/B | 0.19 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.65 |
EPS(TTM)0.75
EY14.62%
EPS(NY)2.54
Fwd EY49.48%
FCF(TTM)4.31
FCFY84.01%
OCF(TTM)5.34
OCFY104.06%
SpS32.79
BVpS27.51
TBVpS-52.15
PEG (NY)N/A
PEG (5Y)0.32
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
WACC5.97%
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)-50.33%
EPS 3Y46.87%
EPS 5Y21.7%
EPS Q2Q%-127.59%
EPS Next Y-136.2%
EPS Next 2Y-13.47%
EPS Next 3Y-28.41%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.32%
Revenue growth 3Y14.73%
Revenue growth 5Y11.42%
Sales Q2Q%-21.16%
Revenue Next Year-14.83%
Revenue Next 2Y-1.72%
Revenue Next 3Y-4.93%
Revenue Next 5YN/A
EBIT growth 1Y-4.58%
EBIT growth 3Y27.22%
EBIT growth 5Y11.61%
EBIT Next Year-22.88%
EBIT Next 3Y-6.27%
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 -136.2% in the next year.