GRAY MEDIA INC (GTN) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:GTN - US3893751061 - Common Stock
4.59 USD
-0.07 (-1.5%)
4.59 USD
0 (0%)
Taking everything into account, GTN scores 5 out of 10 in our fundamental rating. GTN was compared to 98 industry peers in the Media industry. There are concerns on the financial health of GTN while its profitability can be described as average. GTN has a bad growth rate and is valued cheaply.
1. Profitability
1.1 Basic Checks
In the past year GTN was profitable.
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 59.18% of the companies in the same industry.
With a decent Return On Equity value of 1.50%, GTN is doing good in the industry, outperforming 61.22% of the companies in the same industry.
GTN has a Return On Invested Capital of 4.86%. This is in the better half of the industry: GTN outperforms 65.31% 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 7.98%.
| 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
With a decent Profit Margin value of 1.25%, GTN is doing good in the industry, outperforming 60.20% of the companies in the same industry.
GTN's Profit Margin has improved in the last couple of years.
GTN has a better Operating Margin (18.67%) than 88.78% of its industry peers.
GTN's Operating Margin has been stable in the last couple of years.
With a Gross Margin value of 29.27%, GTN is not doing good in the industry: 64.29% of the companies in the same industry are doing better.
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), GTN is destroying value.
Compared to 1 year ago, GTN has more shares outstanding
Compared to 5 years ago, GTN has less shares outstanding
Compared to 1 year ago, GTN has an improved debt to assets ratio.
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.
GTN has a debt to FCF ratio of 12.75. This is a negative value and a sign of low solvency as GTN would need 12.75 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 12.75, GTN is doing good in the industry, outperforming 60.20% 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.
GTN has a Debt to Equity ratio of 2.00. This is in the lower half of the industry: GTN underperforms 67.35% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2 | ||
| Debt/FCF | 12.75 | ||
| Altman-Z | 0.73 |
ROIC/WACC0.83
WACC5.88%
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.
With a Current ratio value of 0.93, GTN is not doing good in the industry: 60.20% of the companies in the same industry are doing better.
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 has a Quick ratio (0.93) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.93 | ||
| Quick Ratio | 0.93 |
3. Growth
3.1 Past
GTN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -50.33%.
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 decrease in Revenue. In the last year, the revenue decreased by -3.32%.
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
GTN is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -28.83% yearly.
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.
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
A Price/Earnings ratio of 6.12 indicates a rather cheap valuation of GTN.
GTN's Price/Earnings ratio is rather cheap when compared to the industry. GTN is cheaper than 86.73% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.46. GTN is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 1.80, the valuation of GTN can be described as very cheap.
Based on the Price/Forward Earnings ratio, GTN is valued cheaply inside the industry as 97.96% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 36.10. GTN is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.12 | ||
| Fwd PE | 1.8 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, GTN is valued a bit cheaper than 78.57% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, GTN is valued cheaper than 97.96% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.06 | ||
| EV/EBITDA | 6.57 |
4.3 Compensation for Growth
The decent profitability rating of GTN 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)0.28
EPS Next 2Y-13.18%
EPS Next 3Y-28.83%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.44%, GTN is a good candidate for dividend investing.
In the last 3 months the price of GTN has falen by -25.00%. 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 4.50. GTN pays more dividend than 93.88% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, GTN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.44% |
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 200.00% of its income as dividend. 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%
4.59
-0.07 (-1.5%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners79.67%
Inst Owner Change8.67%
Ins Owners5.78%
Ins Owner Change-0.12%
Market Cap468.59M
Revenue(TTM)3.35B
Net Income(TTM)42.00M
Analysts78
Price Target6.53 (42.27%)
Short Float %5.78%
Short Ratio4.51
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.44% |
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)-39.54%
EPS NQ rev (3m)-100%
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 | 6.12 | ||
| Fwd PE | 1.8 | ||
| P/S | 0.14 | ||
| P/FCF | 1.06 | ||
| P/OCF | 0.86 | ||
| P/B | 0.17 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.57 |
EPS(TTM)0.75
EY16.34%
EPS(NY)2.56
Fwd EY55.67%
FCF(TTM)4.31
FCFY93.9%
OCF(TTM)5.34
OCFY116.31%
SpS32.79
BVpS27.51
TBVpS-52.15
PEG (NY)N/A
PEG (5Y)0.28
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
WACC5.88%
ROIC/WACC0.83
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.