GRAY MEDIA INC (GTN) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:GTN - US3893751061 - Common Stock
4.8 USD
-0.04 (-0.83%)
4.8 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to GTN. GTN was compared to 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 has a bad growth rate and is valued cheaply.
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
GTN has a better Return On Assets (0.41%) than 65.26% of its industry peers.
GTN has a Return On Equity of 1.50%. This is in the better half of the industry: GTN outperforms 67.37% of its industry peers.
GTN has a better Return On Invested Capital (4.86%) than 68.42% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for GTN is in line with the industry average of 6.88%.
| 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 67.37% of its industry peers.
GTN's Profit Margin has improved in the last couple of years.
GTN's Operating Margin of 18.67% is amongst the best of the industry. GTN outperforms 88.42% 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 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.
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.
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 (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.
Looking at the Debt to FCF ratio, with a value of 12.75, GTN is in the better half of 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.
The Debt to Equity ratio of GTN (2.00) is worse than 66.32% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2 | ||
| Debt/FCF | 12.75 | ||
| Altman-Z | 0.73 |
ROIC/WACC0.82
WACC5.92%
2.3 Liquidity
A Current Ratio of 0.93 indicates that GTN may have some problems paying its short term obligations.
The Current ratio of GTN (0.93) is comparable to the rest of the industry.
A Quick Ratio of 0.93 indicates that GTN may have some problems paying its short term obligations.
With a Quick ratio value of 0.93, GTN perfoms like the industry average, outperforming 43.16% of the companies in the same industry.
| 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%.
GTN shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 21.70% yearly.
Looking at the last year, GTN shows a decrease in Revenue. The Revenue has decreased by -3.32% in the last year.
Measured over the past years, GTN shows a quite strong growth in Revenue. The Revenue has been growing by 11.42% on average per year.
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 -28.41% yearly.
GTN is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -4.93% yearly.
EPS Next Y-136.2%
EPS Next 2Y-14%
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.
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
Based on the Price/Earnings ratio of 6.40, 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 88.42% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.60. GTN is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 1.91 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/Forward Earnings ratio.
GTN's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.23.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.4 | ||
| Fwd PE | 1.91 |
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 80.00% of the companies listed in the same industry.
97.89% of the companies in the same industry are more expensive than GTN, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.11 | ||
| EV/EBITDA | 6.59 |
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)0.29
EPS Next 2Y-14%
EPS Next 3Y-28.41%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.50%, GTN is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 1.22, 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 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.5% |
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
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-14%
EPS Next 3Y-28.41%
4.8
-0.04 (-0.83%)
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 Cap490.03M
Revenue(TTM)3.35B
Net Income(TTM)42.00M
Analysts77.78
Price Target6.53 (36.04%)
Short Float %6.68%
Short Ratio4.96
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.5% |
Yearly Dividend0.86
Dividend Growth(5Y)15.86%
DP200%
Div Incr Years0
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)15.65%
Min EPS beat(2)-18.14%
Max EPS beat(2)49.44%
EPS beat(4)3
Avg EPS beat(4)29.05%
Min EPS beat(4)-18.14%
Max EPS beat(4)55%
EPS beat(8)4
Avg EPS beat(8)52.09%
EPS beat(12)6
Avg EPS beat(12)23.24%
EPS beat(16)8
Avg EPS beat(16)16.94%
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)0%
PT rev (3m)5.21%
EPS NQ rev (1m)-75%
EPS NQ rev (3m)-144.19%
EPS NY rev (1m)10.44%
EPS NY rev (3m)10.44%
Revenue NQ rev (1m)-0.7%
Revenue NQ rev (3m)-1.25%
Revenue NY rev (1m)-0.16%
Revenue NY rev (3m)-0.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.4 | ||
| Fwd PE | 1.91 | ||
| P/S | 0.15 | ||
| P/FCF | 1.11 | ||
| P/OCF | 0.9 | ||
| P/B | 0.17 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.59 |
EPS(TTM)0.75
EY15.63%
EPS(NY)2.51
Fwd EY52.24%
FCF(TTM)4.31
FCFY89.79%
OCF(TTM)5.34
OCFY111.22%
SpS32.79
BVpS27.51
TBVpS-52.15
PEG (NY)N/A
PEG (5Y)0.29
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
WACC5.92%
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-136.2%
EPS Next 2Y-14%
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-23%
EBIT Next 3Y-6.42%
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.
What is the valuation status of GRAY MEDIA INC (GTN) stock?
ChartMill assigns a valuation rating of 8 / 10 to GRAY MEDIA INC (GTN). This can be considered as Undervalued.
What is the profitability of GTN stock?
GRAY MEDIA INC (GTN) has a profitability rating of 6 / 10.
What is the valuation of GRAY MEDIA INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for GRAY MEDIA INC (GTN) is 6.4 and the Price/Book (PB) ratio is 0.17.
What is the financial health of GRAY MEDIA INC (GTN) stock?
The financial health rating of GRAY MEDIA INC (GTN) is 3 / 10.