GRAY MEDIA INC (GTN) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:GTN - US3893751061 - Common Stock
4.96 USD
+0.08 (+1.64%)
4.96 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. While GTN is still in line with the averages on profitability rating, there are concerns on its financial health. 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.
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 (0.41%) than 63.83% of its industry peers.
With a decent Return On Equity value of 1.50%, GTN is doing good in the industry, outperforming 64.89% of the companies in the same industry.
With a decent Return On Invested Capital value of 4.86%, GTN is doing good in the industry, outperforming 67.02% of the companies in the same industry.
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
The Profit Margin of GTN (1.25%) is better than 64.89% 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 88.30% 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.
The Gross Margin of GTN (29.27%) is worse than 64.89% 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
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
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
Based on the Altman-Z score of 0.73, we must say that GTN is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of GTN (0.73) is comparable to the rest of the industry.
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.
GTN has a better Debt to FCF ratio (12.75) than 60.64% of its industry peers.
A Debt/Equity ratio of 2.00 is on the high side and indicates that GTN has dependencies on debt financing.
GTN's Debt to Equity ratio of 2.00 is on the low side compared to the rest of the industry. GTN is outperformed by 68.09% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2 | ||
| Debt/FCF | 12.75 | ||
| Altman-Z | 0.73 |
ROIC/WACC0.82
WACC5.94%
2.3 Liquidity
A Current Ratio of 0.93 indicates that GTN may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.93, GTN is doing worse than 61.70% of the companies in the same 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 40.43% of the companies in the same industry.
| 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.
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%.
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
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
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
With a Price/Earnings ratio of 6.61, the valuation of GTN can be described as very cheap.
Based on the Price/Earnings ratio, GTN is valued cheaply inside the industry as 90.43% 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 26.50.
The Price/Forward Earnings ratio is 1.95, which indicates a rather cheap valuation of GTN.
Based on the Price/Forward Earnings ratio, GTN is valued cheaply inside the industry as 98.94% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.93, GTN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.61 | ||
| Fwd PE | 1.95 |
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 78.72% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, GTN is valued cheaply inside the industry as 98.94% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.15 | ||
| EV/EBITDA | 6.6 |
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 -28.41% in the coming years.
PEG (NY)N/A
PEG (5Y)0.3
EPS Next 2Y-13.47%
EPS Next 3Y-28.41%
5. Dividend
5.1 Amount
GTN has a Yearly Dividend Yield of 6.40%, which is a nice return.
GTN's Dividend Yield is rather good when compared to the industry average which is at 1.22. GTN pays more dividend than 94.68% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 1.87, GTN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.4% |
5.2 History
On average, the dividend of GTN grows each year by 15.86%, which is quite nice.
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%
4.96
+0.08 (+1.64%)
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 Cap506.37M
Revenue(TTM)3.35B
Net Income(TTM)42.00M
Analysts77.78
Price Target6.53 (31.65%)
Short Float %6.18%
Short Ratio4.78
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.4% |
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)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)59.81%
EPS beat(12)6
Avg EPS beat(12)30.44%
EPS beat(16)8
Avg EPS beat(16)22.35%
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)-129.34%
EPS NQ rev (3m)-100.01%
EPS NY rev (1m)10.44%
EPS NY rev (3m)-6.77%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.55%
Revenue NY rev (1m)-0.16%
Revenue NY rev (3m)-0.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.61 | ||
| Fwd PE | 1.95 | ||
| P/S | 0.15 | ||
| P/FCF | 1.15 | ||
| P/OCF | 0.93 | ||
| P/B | 0.18 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.6 |
EPS(TTM)0.75
EY15.12%
EPS(NY)2.54
Fwd EY51.18%
FCF(TTM)4.31
FCFY86.89%
OCF(TTM)5.34
OCFY107.63%
SpS32.79
BVpS27.51
TBVpS-52.15
PEG (NY)N/A
PEG (5Y)0.3
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
WACC5.94%
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-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.