GRAY MEDIA INC (GTN) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:GTN • US3893751061

4.285 USD
-0.13 (-3.05%)
Last: Feb 5, 2026, 02:35 PM
Fundamental Rating

5

GTN gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 91 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.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • In the past year GTN was profitable.
  • GTN had a positive operating cash flow in the past year.
  • Of the past 5 years GTN 4 years were profitable.
  • GTN had a positive operating cash flow in each of the past 5 years.
GTN Yearly Net Income VS EBIT VS OCF VS FCFGTN Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M 800M

1.2 Ratios

  • GTN's Return On Assets of 0.41% is fine compared to the rest of the industry. GTN outperforms 68.13% of its industry peers.
  • GTN has a Return On Equity of 1.50%. This is in the better half of the industry: GTN outperforms 70.33% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 4.86%, GTN is in the better half of the industry, outperforming 70.33% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for GTN is in line with the industry average of 7.01%.
Industry RankSector 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%
GTN Yearly ROA, ROE, ROICGTN Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20

1.3 Margins

  • GTN's Profit Margin of 1.25% is fine compared to the rest of the industry. GTN outperforms 70.33% of its industry peers.
  • In the last couple of years the Profit Margin of GTN has grown nicely.
  • GTN has a better Operating Margin (18.67%) than 87.91% of its industry peers.
  • GTN's Operating Margin has been stable in the last couple of years.
  • GTN has a Gross Margin of 29.27%. This is in the lower half of the industry: GTN underperforms 62.64% of its industry peers.
  • GTN's Gross Margin has been stable in the last couple of years.
Industry RankSector 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%
GTN Yearly Profit, Operating, Gross MarginsGTN Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30 40

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ROAROEROICOperating and Profit MarginShow most profitable peers

2

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so GTN is destroying value.
  • Compared to 1 year ago, GTN has more shares outstanding
  • GTN has less shares outstanding than it did 5 years ago.
  • GTN has a better debt/assets ratio than last year.
GTN Yearly Shares OutstandingGTN Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M
GTN Yearly Total Debt VS Total AssetsGTN Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B 10B

2.2 Solvency

  • GTN has an Altman-Z score of 0.72. This is a bad value and indicates that GTN is not financially healthy and even has some risk of bankruptcy.
  • With a Altman-Z score value of 0.72, GTN perfoms like the industry average, outperforming 49.45% of the companies in the same industry.
  • 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 63.74% of the companies in the same industry.
  • GTN has a Debt/Equity ratio of 2.00. This is a high value indicating a heavy dependency on external financing.
  • With a Debt to Equity ratio value of 2.00, GTN is not doing good in the industry: 64.84% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 2
Debt/FCF 12.75
Altman-Z 0.72
ROIC/WACC0.83
WACC5.87%
GTN Yearly LT Debt VS Equity VS FCFGTN Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

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.
  • Looking at the Current ratio, with a value of 0.93, GTN is doing worse than 60.44% 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.
  • GTN has a Quick ratio (0.93) which is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 0.93
Quick Ratio 0.93
GTN Yearly Current Assets VS Current LiabilitesGTN Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

3.1 Past

  • The earnings per share for GTN have decreased strongly by -50.33% in the last year.
  • 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

  • The Earnings Per Share is expected to decrease by -29.46% on average over the next years. This is quite bad
  • The Revenue is expected to decrease by -5.61% on average over the next years.
EPS Next Y-147.37%
EPS Next 2Y-17.16%
EPS Next 3Y-29.46%
EPS Next 5YN/A
Revenue Next Year-15.11%
Revenue Next 2Y-2.33%
Revenue Next 3Y-5.61%
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.
GTN Yearly Revenue VS EstimatesGTN Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 1B 2B 3B
GTN Yearly EPS VS EstimatesGTN Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 1 -1 2 3 4

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Find the best growth stocksShow best growing peers

8

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 5.71, which indicates a rather cheap valuation of GTN.
  • Based on the Price/Earnings ratio, GTN is valued cheaply inside the industry as 93.41% of the companies are valued more expensively.
  • Compared to an average S&P500 Price/Earnings ratio of 28.25, GTN is valued rather cheaply.
  • GTN is valuated cheaply with a Price/Forward Earnings ratio of 1.84.
  • 97.80% of the companies in the same industry are more expensive than GTN, based on the Price/Forward Earnings ratio.
  • When comparing the Price/Forward Earnings ratio of GTN to the average of the S&P500 Index (27.50), we can say GTN is valued rather cheaply.
Industry RankSector Rank
PE 5.71
Fwd PE 1.84
GTN Price Earnings VS Forward Price EarningsGTN Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • GTN's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. GTN is cheaper than 83.52% of the companies in the same industry.
  • 98.90% of the companies in the same industry are more expensive than GTN, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 0.99
EV/EBITDA 6.55
GTN Per share dataGTN EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 -20 -40

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 -29.46% in the coming years.
PEG (NY)N/A
PEG (5Y)0.26
EPS Next 2Y-17.16%
EPS Next 3Y-29.46%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 7.46%, GTN is a good candidate for dividend investing.
  • GTN's Dividend Yield is rather good when compared to the industry average which is at 1.17. GTN pays more dividend than 95.60% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.82, GTN pays a better dividend.
Industry RankSector Rank
Dividend Yield 7.46%

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
GTN Yearly Dividends per shareGTN Yearly Dividends per shareYearly Dividends per share 2021 2022 2023 2024 2025 0.1 0.2 0.3

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-17.16%
EPS Next 3Y-29.46%
GTN Yearly Income VS Free CF VS DividendGTN Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M
GTN Dividend Payout.GTN Dividend Payout, showing the Payout Ratio.GTN Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

GRAY MEDIA INC

NYSE:GTN (2/5/2026, 2:35:01 PM)

4.285

-0.13 (-3.05%)

Chartmill FA Rating
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)11-07
Earnings (Next)02-26
Inst Owners85.51%
Inst Owner Change-1.18%
Ins Owners5.74%
Ins Owner Change-1.52%
Market Cap437.46M
Revenue(TTM)3.35B
Net Income(TTM)42.00M
Analysts77.78
Price Target6.53 (52.39%)
Short Float %5.98%
Short Ratio4.23
Dividend
Industry RankSector Rank
Dividend Yield 7.46%
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)0%
EPS NQ rev (3m)-144.19%
EPS NY rev (1m)-30.86%
EPS NY rev (3m)-17.2%
Revenue NQ rev (1m)-1.14%
Revenue NQ rev (3m)-2.37%
Revenue NY rev (1m)-0.32%
Revenue NY rev (3m)-0.48%
Valuation
Industry RankSector Rank
PE 5.71
Fwd PE 1.84
P/S 0.13
P/FCF 0.99
P/OCF 0.8
P/B 0.16
P/tB N/A
EV/EBITDA 6.55
EPS(TTM)0.75
EY17.5%
EPS(NY)2.33
Fwd EY54.29%
FCF(TTM)4.31
FCFY100.58%
OCF(TTM)5.34
OCFY124.58%
SpS32.79
BVpS27.51
TBVpS-52.15
PEG (NY)N/A
PEG (5Y)0.26
Graham Number21.54
Profitability
Industry RankSector 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 RankSector 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 0.72
F-Score4
WACC5.87%
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-147.37%
EPS Next 2Y-17.16%
EPS Next 3Y-29.46%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.32%
Revenue growth 3Y14.73%
Revenue growth 5Y11.42%
Sales Q2Q%-21.16%
Revenue Next Year-15.11%
Revenue Next 2Y-2.33%
Revenue Next 3Y-5.61%
Revenue Next 5YN/A
EBIT growth 1Y-4.58%
EBIT growth 3Y27.22%
EBIT growth 5Y11.61%
EBIT Next Year-23.54%
EBIT Next 3Y-7.58%
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 5.71 and the Price/Book (PB) ratio is 0.16.


What is the financial health of GRAY MEDIA INC (GTN) stock?

The financial health rating of GRAY MEDIA INC (GTN) is 2 / 10.