STINGRAY GROUP INC (RAY-A.CA) Stock Fundamental Analysis
TSX:RAY-A - Toronto Stock Exchange - CA86084H1001 - Common Stock - Currency: CAD
Overall RAY-A gets a fundamental rating of 6 out of 10. We evaluated RAY-A against 12 industry peers in the Media industry. RAY-A has an average financial health and profitability rating. RAY-A may be a bit undervalued, certainly considering the very reasonable score on growth These ratings would make RAY-A suitable for value investing!
1. Profitability
1.1 Basic Checks
RAY-A had positive earnings in the past year.
RAY-A had a positive operating cash flow in the past year.
Of the past 5 years RAY-A 4 years were profitable.
Each year in the past 5 years RAY-A had a positive operating cash flow.
1.2 Ratios
The Return On Assets of RAY-A (-2.10%) is better than 72.73% of its industry peers.
RAY-A has a Return On Equity of -6.59%. This is in the better half of the industry: RAY-A outperforms 72.73% of its industry peers.
RAY-A has a Return On Invested Capital of 9.45%. This is amongst the best in the industry. RAY-A outperforms 90.91% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for RAY-A is in line with the industry average of 7.62%.
The 3 year average ROIC (7.52%) for RAY-A is below the current ROIC(9.45%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.1% | ||
| ROE | -6.59% | ||
| ROIC | 9.45% |
ROA(3y)1.81%
ROA(5y)2.5%
ROE(3y)5.72%
ROE(5y)7.74%
ROIC(3y)7.52%
ROIC(5y)7.34%
1.3 Margins
Looking at the Operating Margin, with a value of 25.59%, RAY-A belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
RAY-A's Operating Margin has improved in the last couple of years.
RAY-A does not have Profit Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.59% | ||
| PM (TTM) | N/A | ||
| GM | N/A |
OM growth 3Y-2.93%
OM growth 5Y33.25%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so RAY-A is still creating some value.
RAY-A has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, RAY-A has less shares outstanding
The debt/assets ratio for RAY-A is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.30, we must say that RAY-A is in the distress zone and has some risk of bankruptcy.
With an excellent Altman-Z score value of 1.30, RAY-A belongs to the best of the industry, outperforming 90.91% of the companies in the same industry.
RAY-A has a debt to FCF ratio of 4.09. This is a neutral value as RAY-A would need 4.09 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 4.09, RAY-A is in the better half of the industry, outperforming 63.64% of the companies in the same industry.
A Debt/Equity ratio of 1.45 is on the high side and indicates that RAY-A has dependencies on debt financing.
RAY-A's Debt to Equity ratio of 1.45 is in line compared to the rest of the industry. RAY-A outperforms 45.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.45 | ||
| Debt/FCF | 4.09 | ||
| Altman-Z | 1.3 |
ROIC/WACC1.33
WACC7.08%
2.3 Liquidity
A Current Ratio of 1.26 indicates that RAY-A should not have too much problems paying its short term obligations.
With an excellent Current ratio value of 1.26, RAY-A belongs to the best of the industry, outperforming 81.82% of the companies in the same industry.
RAY-A has a Quick Ratio of 1.23. This is a normal value and indicates that RAY-A is financially healthy and should not expect problems in meeting its short term obligations.
With an excellent Quick ratio value of 1.23, RAY-A belongs to the best of the industry, outperforming 81.82% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.26 | ||
| Quick Ratio | 1.23 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 10.13% over the past year.
RAY-A shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.45% yearly.
The Revenue has grown by 9.94% in the past year. This is quite good.
The Revenue has been growing by 10.19% on average over the past years. This is quite good.
EPS 1Y (TTM)10.13%
EPS 3Y0.78%
EPS 5Y8.45%
EPS Q2Q%75.46%
Revenue 1Y (TTM)9.94%
Revenue growth 3Y11.46%
Revenue growth 5Y10.19%
Sales Q2Q%7.93%
3.2 Future
Based on estimates for the next years, RAY-A will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.10% on average per year.
The Revenue is expected to grow by 5.33% on average over the next years.
EPS Next Y22.14%
EPS Next 2Y18.94%
EPS Next 3Y12.1%
EPS Next 5YN/A
Revenue Next Year9.92%
Revenue Next 2Y7.64%
Revenue Next 3Y5.33%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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
A Price/Earnings ratio of 9.86 indicates a reasonable valuation of RAY-A.
90.91% of the companies in the same industry are more expensive than RAY-A, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 29.35. RAY-A is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 6.97, the valuation of RAY-A can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of RAY-A indicates a rather cheap valuation: RAY-A is cheaper than 100.00% of the companies listed in the same industry.
RAY-A is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.10, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.86 | ||
| Fwd PE | 6.97 |
4.2 Price Multiples
RAY-A's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. RAY-A is cheaper than 72.73% of the companies in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as RAY-A.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.95 | ||
| EV/EBITDA | 6.74 |
4.3 Compensation for Growth
RAY-A's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
RAY-A has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as RAY-A's earnings are expected to grow with 12.10% in the coming years.
PEG (NY)0.45
PEG (5Y)1.17
EPS Next 2Y18.94%
EPS Next 3Y12.1%
5. Dividend
5.1 Amount
RAY-A has a Yearly Dividend Yield of 3.50%.
Compared to an average industry Dividend Yield of 3.42, RAY-A pays a better dividend. On top of this RAY-A pays more dividend than 100.00% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.33, RAY-A pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.5% |
5.2 History
The dividend of RAY-A has a limited annual growth rate of 4.44%.
RAY-A has been paying a dividend for at least 10 years, so it has a reliable track record.
RAY-A has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)4.44%
Div Incr Years0
Div Non Decr Years9
5.3 Sustainability
The earnings of RAY-A are negative and hence is the payout ratio. RAY-A will probably not be able to sustain this dividend level.
The dividend of RAY-A is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-117.1%
EPS Next 2Y18.94%
EPS Next 3Y12.1%
TSX:RAY-A (3/7/2025, 7:00:00 PM)
8.58
+0.02 (+0.23%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners23.93%
Inst Owner ChangeN/A
Ins Owners6.54%
Ins Owner ChangeN/A
Market Cap471.90M
Analysts82.86
Price Target11.73 (36.71%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.5% |
Yearly Dividend0.3
Dividend Growth(5Y)4.44%
DP-117.1%
Div Incr Years0
Div Non Decr Years9
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)0.26%
Min Revenue beat(2)-1.9%
Max Revenue beat(2)2.42%
Revenue beat(4)2
Avg Revenue beat(4)-0.37%
Min Revenue beat(4)-4.11%
Max Revenue beat(4)2.42%
Revenue beat(8)3
Avg Revenue beat(8)-0.95%
Revenue beat(12)4
Avg Revenue beat(12)-1.49%
Revenue beat(16)4
Avg Revenue beat(16)-2.55%
PT rev (1m)4.94%
PT rev (3m)4.94%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.63%
EPS NY rev (1m)0.81%
EPS NY rev (3m)0.81%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.34%
Revenue NY rev (1m)0.7%
Revenue NY rev (3m)0.7%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.86 | ||
| Fwd PE | 6.97 | ||
| P/S | 1.26 | ||
| P/FCF | 4.95 | ||
| P/OCF | 4.31 | ||
| P/B | 1.77 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.74 |
EPS(TTM)0.87
EY10.14%
EPS(NY)1.23
Fwd EY14.35%
FCF(TTM)1.73
FCFY20.19%
OCF(TTM)1.99
OCFY23.22%
SpS6.81
BVpS4.84
TBVpS-6.75
PEG (NY)0.45
PEG (5Y)1.17
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.1% | ||
| ROE | -6.59% | ||
| ROCE | 13.12% | ||
| ROIC | 9.45% | ||
| ROICexc | 9.7% | ||
| ROICexgc | 93.12% | ||
| OM | 25.59% | ||
| PM (TTM) | N/A | ||
| GM | N/A | ||
| FCFM | 25.44% |
ROA(3y)1.81%
ROA(5y)2.5%
ROE(3y)5.72%
ROE(5y)7.74%
ROIC(3y)7.52%
ROIC(5y)7.34%
ROICexc(3y)7.65%
ROICexc(5y)7.44%
ROICexgc(3y)116.71%
ROICexgc(5y)105.86%
ROCE(3y)10.45%
ROCE(5y)10.2%
ROICexcg growth 3Y0.03%
ROICexcg growth 5Y51.44%
ROICexc growth 3Y8.53%
ROICexc growth 5Y48.52%
OM growth 3Y-2.93%
OM growth 5Y33.25%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.45
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.45 | ||
| Debt/FCF | 4.09 | ||
| Debt/EBITDA | 3.09 | ||
| Cap/Depr | 49.08% | ||
| Cap/Sales | 3.82% | ||
| Interest Coverage | 3.81 | ||
| Cash Conversion | 87.67% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.26 | ||
| Quick Ratio | 1.23 | ||
| Altman-Z | 1.3 |
F-Score5
WACC7.08%
ROIC/WACC1.33
Cap/Depr(3y)47.15%
Cap/Depr(5y)42.36%
Cap/Sales(3y)4.96%
Cap/Sales(5y)4.99%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)10.13%
EPS 3Y0.78%
EPS 5Y8.45%
EPS Q2Q%75.46%
EPS Next Y22.14%
EPS Next 2Y18.94%
EPS Next 3Y12.1%
EPS Next 5YN/A
Revenue 1Y (TTM)9.94%
Revenue growth 3Y11.46%
Revenue growth 5Y10.19%
Sales Q2Q%7.93%
Revenue Next Year9.92%
Revenue Next 2Y7.64%
Revenue Next 3Y5.33%
Revenue Next 5YN/A
EBIT growth 1Y6.89%
EBIT growth 3Y8.19%
EBIT growth 5Y46.83%
EBIT Next Year46.32%
EBIT Next 3Y16.96%
EBIT Next 5YN/A
FCF growth 1Y41.62%
FCF growth 3Y4.78%
FCF growth 5Y49.07%
OCF growth 1Y34.42%
OCF growth 3Y4.37%
OCF growth 5Y27.81%