STINGRAY GROUP -VARIABLE S (RAY-B.CA) Stock Fundamental Analysis
Canada - TSX:RAY-B - CA86084H2090 - Common Stock
10.02 CAD
-0.06 (-0.6%)
We assign a fundamental rating of 6 out of 10 to RAY-B. RAY-B was compared to 14 industry peers in the Media industry. RAY-B has an excellent profitability rating, but there are some minor concerns on its financial health. RAY-B is valued quite cheap, while showing a decent growth score. This is a good combination! RAY-B also has an excellent dividend rating. These ratings could make RAY-B a good candidate for value and dividend investing.
1. Profitability
1.1 Basic Checks
RAY-B had positive earnings in the past year.
RAY-B had a positive operating cash flow in the past year.
Of the past 5 years RAY-B 4 years were profitable.
In the past 5 years RAY-B always reported a positive cash flow from operatings.
1.2 Ratios
RAY-B has a better Return On Assets (5.62%) than 78.57% of its industry peers.
With an excellent Return On Equity value of 16.46%, RAY-B belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
RAY-B has a better Return On Invested Capital (10.27%) than 85.71% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for RAY-B is below the industry average of 11.45%.
The last Return On Invested Capital (10.27%) for RAY-B is above the 3 year average (8.88%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.62% | ||
| ROE | 16.46% | ||
| ROIC | 10.27% |
ROA(3y)2.04%
ROA(5y)3.08%
ROE(3y)6.22%
ROE(5y)9.45%
ROIC(3y)8.88%
ROIC(5y)7.97%
1.3 Margins
RAY-B has a better Profit Margin (11.67%) than 85.71% of its industry peers.
In the last couple of years the Profit Margin of RAY-B has grown nicely.
RAY-B has a better Operating Margin (25.65%) than 92.86% of its industry peers.
In the last couple of years the Operating Margin of RAY-B has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.65% | ||
| PM (TTM) | 11.67% | ||
| GM | N/A |
OM growth 3Y3.72%
OM growth 5Y1.04%
PM growth 3Y-7.18%
PM growth 5Y15.64%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
RAY-B has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, RAY-B has less shares outstanding
The number of shares outstanding for RAY-B has been reduced compared to 5 years ago.
Compared to 1 year ago, RAY-B has an improved debt to assets ratio.
2.2 Solvency
RAY-B has an Altman-Z score of 1.46. This is a bad value and indicates that RAY-B is not financially healthy and even has some risk of bankruptcy.
RAY-B has a better Altman-Z score (1.46) than 92.86% of its industry peers.
The Debt to FCF ratio of RAY-B is 3.66, which is a good value as it means it would take RAY-B, 3.66 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of RAY-B (3.66) is better than 64.29% of its industry peers.
RAY-B has a Debt/Equity ratio of 1.26. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.26, RAY-B perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.26 | ||
| Debt/FCF | 3.66 | ||
| Altman-Z | 1.46 |
ROIC/WACC1.54
WACC6.69%
2.3 Liquidity
A Current Ratio of 1.05 indicates that RAY-B should not have too much problems paying its short term obligations.
RAY-B has a better Current ratio (1.05) than 71.43% of its industry peers.
RAY-B has a Quick Ratio of 1.02. This is a normal value and indicates that RAY-B is financially healthy and should not expect problems in meeting its short term obligations.
RAY-B has a better Quick ratio (1.02) than 64.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.05 | ||
| Quick Ratio | 1.02 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 28.89% over the past year.
The Earnings Per Share has been growing slightly by 7.84% on average over the past years.
The Revenue has grown by 10.68% in the past year. This is quite good.
Measured over the past years, RAY-B shows a small growth in Revenue. The Revenue has been growing by 4.75% on average per year.
EPS 1Y (TTM)28.89%
EPS 3Y9.49%
EPS 5Y7.84%
EPS Q2Q%55%
Revenue 1Y (TTM)10.68%
Revenue growth 3Y11.03%
Revenue growth 5Y4.75%
Sales Q2Q%7.37%
3.2 Future
Based on estimates for the next years, RAY-B will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.44% on average per year.
RAY-B is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.25% yearly.
EPS Next Y31.94%
EPS Next 2Y19.4%
EPS Next 3Y8.44%
EPS Next 5YN/A
Revenue Next Year12.62%
Revenue Next 2Y9.24%
Revenue Next 3Y4.25%
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 stable.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 8.64, which indicates a very decent valuation of RAY-B.
Based on the Price/Earnings ratio, RAY-B is valued a bit cheaper than the industry average as 78.57% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.41. RAY-B is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 6.69, which indicates a rather cheap valuation of RAY-B.
Compared to the rest of the industry, the Price/Forward Earnings ratio of RAY-B indicates a rather cheap valuation: RAY-B is cheaper than 85.71% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of RAY-B to the average of the S&P500 Index (22.88), we can say RAY-B is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.64 | ||
| Fwd PE | 6.69 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, RAY-B is valued a bit cheaper than 64.29% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, RAY-B is valued a bit cheaper than the industry average as 64.29% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.64 | ||
| EV/EBITDA | 6.79 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
RAY-B has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.27
PEG (5Y)1.1
EPS Next 2Y19.4%
EPS Next 3Y8.44%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.99%, RAY-B has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.99, RAY-B pays a better dividend. On top of this RAY-B pays more dividend than 100.00% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, RAY-B pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.99% |
5.2 History
The dividend of RAY-B has a limited annual growth rate of 1.15%.
RAY-B has been paying a dividend for at least 10 years, so it has a reliable track record.
As RAY-B did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)1.15%
Div Incr Years0
Div Non Decr Years9
5.3 Sustainability
44.50% of the earnings are spent on dividend by RAY-B. This is a bit on the high side, but may be sustainable.
RAY-B's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP44.5%
EPS Next 2Y19.4%
EPS Next 3Y8.44%
TSX:RAY-B (9/18/2025, 7:00:00 PM)
10.02
-0.06 (-0.6%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners26.15%
Inst Owner ChangeN/A
Ins Owners6.62%
Ins Owner ChangeN/A
Market Cap549.90M
Analysts82.86
Price Target13.31 (32.83%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.99% |
Yearly Dividend0.3
Dividend Growth(5Y)1.15%
DP44.5%
Div Incr Years0
Div Non Decr Years9
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)8.88%
Min EPS beat(2)8.32%
Max EPS beat(2)9.44%
EPS beat(4)3
Avg EPS beat(4)5.43%
Min EPS beat(4)-1.17%
Max EPS beat(4)9.44%
EPS beat(8)4
Avg EPS beat(8)1.99%
EPS beat(12)4
Avg EPS beat(12)-4.31%
EPS beat(16)6
Avg EPS beat(16)-2.92%
Revenue beat(2)1
Avg Revenue beat(2)-0.38%
Min Revenue beat(2)-3.78%
Max Revenue beat(2)3.01%
Revenue beat(4)2
Avg Revenue beat(4)-0.06%
Min Revenue beat(4)-3.78%
Max Revenue beat(4)3.01%
Revenue beat(8)4
Avg Revenue beat(8)-0.16%
Revenue beat(12)5
Avg Revenue beat(12)-0.89%
Revenue beat(16)5
Avg Revenue beat(16)-1.55%
PT rev (1m)11.83%
PT rev (3m)11.83%
EPS NQ rev (1m)1.32%
EPS NQ rev (3m)40%
EPS NY rev (1m)12.55%
EPS NY rev (3m)12.55%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)13.04%
Revenue NY rev (1m)3.4%
Revenue NY rev (3m)6.92%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.64 | ||
| Fwd PE | 6.69 | ||
| P/S | 1.4 | ||
| P/FCF | 5.64 | ||
| P/OCF | 4.85 | ||
| P/B | 1.97 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.79 |
EPS(TTM)1.16
EY11.58%
EPS(NY)1.5
Fwd EY14.94%
FCF(TTM)1.78
FCFY17.74%
OCF(TTM)2.06
OCFY20.6%
SpS7.17
BVpS5.08
TBVpS-6.43
PEG (NY)0.27
PEG (5Y)1.1
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.62% | ||
| ROE | 16.46% | ||
| ROCE | 14.27% | ||
| ROIC | 10.27% | ||
| ROICexc | 10.44% | ||
| ROICexgc | 113.43% | ||
| OM | 25.65% | ||
| PM (TTM) | 11.67% | ||
| GM | N/A | ||
| FCFM | 24.79% |
ROA(3y)2.04%
ROA(5y)3.08%
ROE(3y)6.22%
ROE(5y)9.45%
ROIC(3y)8.88%
ROIC(5y)7.97%
ROICexc(3y)9.05%
ROICexc(5y)8.11%
ROICexgc(3y)130.96%
ROICexgc(5y)121.62%
ROCE(3y)12.34%
ROCE(5y)11.06%
ROICexcg growth 3Y13.47%
ROICexcg growth 5Y19.04%
ROICexc growth 3Y18.66%
ROICexc growth 5Y7.94%
OM growth 3Y3.72%
OM growth 5Y1.04%
PM growth 3Y-7.18%
PM growth 5Y15.64%
GM growth 3YN/A
GM growth 5YN/A
F-Score9
Asset Turnover0.48
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.26 | ||
| Debt/FCF | 3.66 | ||
| Debt/EBITDA | 2.67 | ||
| Cap/Depr | 50.84% | ||
| Cap/Sales | 4% | ||
| Interest Coverage | 4.43 | ||
| Cash Conversion | 85.91% | ||
| Profit Quality | 212.39% | ||
| Current Ratio | 1.05 | ||
| Quick Ratio | 1.02 | ||
| Altman-Z | 1.46 |
F-Score9
WACC6.69%
ROIC/WACC1.54
Cap/Depr(3y)47.48%
Cap/Depr(5y)45.03%
Cap/Sales(3y)4.24%
Cap/Sales(5y)4.83%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)28.89%
EPS 3Y9.49%
EPS 5Y7.84%
EPS Q2Q%55%
EPS Next Y31.94%
EPS Next 2Y19.4%
EPS Next 3Y8.44%
EPS Next 5YN/A
Revenue 1Y (TTM)10.68%
Revenue growth 3Y11.03%
Revenue growth 5Y4.75%
Sales Q2Q%7.37%
Revenue Next Year12.62%
Revenue Next 2Y9.24%
Revenue Next 3Y4.25%
Revenue Next 5YN/A
EBIT growth 1Y14.06%
EBIT growth 3Y15.17%
EBIT growth 5Y5.85%
EBIT Next Year49.76%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y22.82%
FCF growth 3Y10.54%
FCF growth 5Y4.05%
OCF growth 1Y19.41%
OCF growth 3Y7.88%
OCF growth 5Y3.57%