GRAY MEDIA INC (GTN) Fundamental Analysis & Valuation
NYSE:GTN • US3893751061
5.66 USD
+0.43 (+8.22%)
At close: Mar 4, 2026
5.66 USD
0 (0%)
After Hours: 3/4/2026, 5:40:44 PM
This GTN fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
GTN gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 91 industry peers in the Media industry. GTN may be in some trouble as it scores bad on both profitability and health. GTN has a valuation in line with the averages, but on the other hand it scores bad on growth. GTN also has an excellent dividend rating.
1. GTN Profitability Analysis
1.1 Basic Checks
- In the past year GTN has reported negative net income.
- In the past year GTN had a positive cash flow from operations.
- In multiple years GTN reported negative net income over the last 5 years.
- In the past 5 years GTN always reported a positive cash flow from operatings.
1.2 Ratios
- With a Return On Assets value of -1.31%, GTN perfoms like the industry average, outperforming 59.34% of the companies in the same industry.
- GTN has a better Return On Equity (-4.88%) than 60.44% of its industry peers.
- GTN has a better Return On Invested Capital (3.37%) than 61.54% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for GTN is below the industry average of 6.92%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.31% | ||
| ROE | -4.88% | ||
| ROIC | 3.37% |
ROA(3y)0.18%
ROA(5y)0.9%
ROE(3y)0.41%
ROE(5y)3.48%
ROIC(3y)4.37%
ROIC(5y)4.64%
1.3 Margins
- GTN's Operating Margin of 14.18% is amongst the best of the industry. GTN outperforms 80.22% of its industry peers.
- In the last couple of years the Operating Margin of GTN has declined.
- With a Gross Margin value of 24.59%, GTN is not doing good in the industry: 68.13% of the companies in the same industry are doing better.
- GTN's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.18% | ||
| PM (TTM) | N/A | ||
| GM | 24.59% |
OM growth 3Y-21.16%
OM growth 5Y-16.99%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-14.26%
GM growth 5Y-11.33%
2. GTN Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), GTN is destroying value.
- GTN has more shares outstanding than it did 1 year ago.
- GTN has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, GTN has a worse debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 0.66, we must say that GTN is in the distress zone and has some risk of bankruptcy.
- GTN has a Altman-Z score (0.66) which is in line with its industry peers.
- The Debt to FCF ratio of GTN is 31.73, which is on the high side as it means it would take GTN, 31.73 years of fcf income to pay off all of its debts.
- GTN's Debt to FCF ratio of 31.73 is in line compared to the rest of the industry. GTN outperforms 54.95% of its industry peers.
- A Debt/Equity ratio of 2.05 is on the high side and indicates that GTN has dependencies on debt financing.
- GTN has a Debt to Equity ratio of 2.05. This is in the lower half of the industry: GTN underperforms 67.03% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.05 | ||
| Debt/FCF | 31.73 | ||
| Altman-Z | 0.66 |
ROIC/WACC0.54
WACC6.25%
2.3 Liquidity
- A Current Ratio of 1.27 indicates that GTN should not have too much problems paying its short term obligations.
- Looking at the Current ratio, with a value of 1.27, GTN is in line with its industry, outperforming 51.65% of the companies in the same industry.
- A Quick Ratio of 1.27 indicates that GTN should not have too much problems paying its short term obligations.
- GTN has a Quick ratio (1.27) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.27 | ||
| Quick Ratio | 1.27 |
3. GTN Growth Analysis
3.1 Past
- The earnings per share for GTN have decreased strongly by -133.33% in the last year.
- The Revenue for GTN has decreased by -15.07% in the past year. This is quite bad
- The Revenue has been growing slightly by 5.39% on average over the past years.
EPS 1Y (TTM)-133.33%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-114.63%
Revenue 1Y (TTM)-15.07%
Revenue growth 3Y-5.57%
Revenue growth 5Y5.39%
Sales Q2Q%-24.21%
3.2 Future
- The Earnings Per Share is expected to grow by 61.10% on average over the next years. This is a very strong growth
- GTN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.25% yearly.
EPS Next Y316.08%
EPS Next 2Y21.17%
EPS Next 3Y61.1%
EPS Next 5YN/A
Revenue Next Year12.75%
Revenue Next 2Y-0.35%
Revenue Next 3Y4.22%
Revenue Next 5Y0.25%
3.3 Evolution
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. GTN Valuation Analysis
4.1 Price/Earnings Ratio
- GTN reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
- A Price/Forward Earnings ratio of 2.32 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 96.70% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of GTN to the average of the S&P500 Index (25.11), we can say GTN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 2.32 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, GTN is valued a bit cheaper than the industry average as 69.23% of the companies are valued more expensively.
- GTN's Price/Free Cash Flow ratio is rather cheap when compared to the industry. GTN is cheaper than 92.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.25 | ||
| EV/EBITDA | 8.42 |
4.3 Compensation for Growth
- GTN's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- GTN's earnings are expected to grow with 61.10% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y21.17%
EPS Next 3Y61.1%
5. GTN Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 6.12%, GTN is a good candidate for dividend investing.
- GTN's Dividend Yield is rather good when compared to the industry average which is at 1.07. GTN pays more dividend than 93.41% of the companies in the same industry.
- GTN's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.12% |
5.2 History
- The dividend of GTN is nicely growing with an annual growth rate of 9.60%!
- 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)9.6%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
- The earnings of GTN are negative and hence is the payout ratio. GTN will probably not be able to sustain this dividend level.
- GTN's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-62.04%
EPS Next 2Y21.17%
EPS Next 3Y61.1%
GTN Fundamentals: All Metrics, Ratios and Statistics
5.66
+0.43 (+8.22%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)02-26 2026-02-26/bmo
Earnings (Next)05-06 2026-05-06
Inst Owners85.51%
Inst Owner Change1.06%
Ins Owners5.74%
Ins Owner Change24.66%
Market Cap587.39M
Revenue(TTM)3.10B
Net Income(TTM)-137.00M
Analysts77.78
Price Target6.53 (15.37%)
Short Float %6.01%
Short Ratio3.72
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.12% |
Yearly Dividend0.84
Dividend Growth(5Y)9.6%
DP-62.04%
Div Incr Years0
Div Non Decr Years3
Ex-Date03-13 2026-03-13 (0.08)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)37.88%
Min EPS beat(2)26.32%
Max EPS beat(2)49.44%
EPS beat(4)3
Avg EPS beat(4)28.15%
Min EPS beat(4)-18.14%
Max EPS beat(4)55%
EPS beat(8)5
Avg EPS beat(8)68.71%
EPS beat(12)6
Avg EPS beat(12)25.03%
EPS beat(16)9
Avg EPS beat(16)19.91%
Revenue beat(2)1
Avg Revenue beat(2)0.03%
Min Revenue beat(2)-0.47%
Max Revenue beat(2)0.53%
Revenue beat(4)2
Avg Revenue beat(4)0%
Min Revenue beat(4)-0.47%
Max Revenue beat(4)0.53%
Revenue beat(8)2
Avg Revenue beat(8)-0.81%
Revenue beat(12)4
Avg Revenue beat(12)-0.49%
Revenue beat(16)7
Avg Revenue beat(16)-0.45%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)7.86%
EPS NQ rev (3m)-61.25%
EPS NY rev (1m)2.52%
EPS NY rev (3m)-14.25%
Revenue NQ rev (1m)-0.66%
Revenue NQ rev (3m)-2.48%
Revenue NY rev (1m)0.03%
Revenue NY rev (3m)-0.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 2.32 | ||
| P/S | 0.19 | ||
| P/FCF | 3.25 | ||
| P/OCF | 2.03 | ||
| P/B | 0.21 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.42 |
EPS(TTM)-1.13
EYN/A
EPS(NY)2.44
Fwd EY43.14%
FCF(TTM)1.74
FCFY30.81%
OCF(TTM)2.78
OCFY49.2%
SpS29.82
BVpS27.03
TBVpS-51.1
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.31% | ||
| ROE | -4.88% | ||
| ROCE | 4.42% | ||
| ROIC | 3.37% | ||
| ROICexc | 3.5% | ||
| ROICexgc | 23.11% | ||
| OM | 14.18% | ||
| PM (TTM) | N/A | ||
| GM | 24.59% | ||
| FCFM | 5.85% |
ROA(3y)0.18%
ROA(5y)0.9%
ROE(3y)0.41%
ROE(5y)3.48%
ROIC(3y)4.37%
ROIC(5y)4.64%
ROICexc(3y)4.45%
ROICexc(5y)4.7%
ROICexgc(3y)26.9%
ROICexgc(5y)27.2%
ROCE(3y)5.74%
ROCE(5y)6.09%
ROICexgc growth 3Y-16.38%
ROICexgc growth 5Y-16.01%
ROICexc growth 3Y-22.73%
ROICexc growth 5Y-18.72%
OM growth 3Y-21.16%
OM growth 5Y-16.99%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-14.26%
GM growth 5Y-11.33%
F-Score3
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.05 | ||
| Debt/FCF | 31.73 | ||
| Debt/EBITDA | 8.17 | ||
| Cap/Depr | 40.91% | ||
| Cap/Sales | 3.49% | ||
| Interest Coverage | 1.12 | ||
| Cash Conversion | 41.11% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.27 | ||
| Quick Ratio | 1.27 | ||
| Altman-Z | 0.66 |
F-Score3
WACC6.25%
ROIC/WACC0.54
Cap/Depr(3y)60.54%
Cap/Depr(5y)75.02%
Cap/Sales(3y)6.01%
Cap/Sales(5y)7.69%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-133.33%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-114.63%
EPS Next Y316.08%
EPS Next 2Y21.17%
EPS Next 3Y61.1%
EPS Next 5YN/A
Revenue 1Y (TTM)-15.07%
Revenue growth 3Y-5.57%
Revenue growth 5Y5.39%
Sales Q2Q%-24.21%
Revenue Next Year12.75%
Revenue Next 2Y-0.35%
Revenue Next 3Y4.22%
Revenue Next 5Y0.25%
EBIT growth 1Y-49.6%
EBIT growth 3Y-25.55%
EBIT growth 5Y-12.51%
EBIT Next Year190.04%
EBIT Next 3Y42.74%
EBIT Next 5Y16.22%
FCF growth 1Y-70.23%
FCF growth 3Y-22.77%
FCF growth 5Y-19.7%
OCF growth 1Y-61.52%
OCF growth 3Y-29.62%
OCF growth 5Y-15.02%
GRAY MEDIA INC / GTN FAQ
What is the fundamental rating for GTN stock?
ChartMill assigns a fundamental rating of 3 / 10 to GTN.
What is the valuation status of GRAY MEDIA INC (GTN) stock?
ChartMill assigns a valuation rating of 6 / 10 to GRAY MEDIA INC (GTN). This can be considered as Fairly Valued.
What is the profitability of GTN stock?
GRAY MEDIA INC (GTN) has a profitability rating of 3 / 10.
How financially healthy is GRAY MEDIA INC?
The financial health rating of GRAY MEDIA INC (GTN) is 2 / 10.