STINGRAY GROUP -VARIABLE S (RAY-B.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:RAY-B - CA86084H2090 - Common Stock
15 CAD
-0.47 (-3.04%)
RAY-B gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 13 industry peers in the Media industry. While RAY-B belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on RAY-B. Finally RAY-B also has an excellent dividend rating. These ratings would make RAY-B suitable for value and dividend investing!
1. Profitability
1.1 Basic Checks
In the past year RAY-B was profitable.
In the past year RAY-B had a positive cash flow from operations.
RAY-B had positive earnings in 4 of the past 5 years.
In the past 5 years RAY-B always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 6.12%, RAY-B is in the better half of the industry, outperforming 76.92% of the companies in the same industry.
With an excellent Return On Equity value of 17.96%, RAY-B belongs to the best of the industry, outperforming 92.31% of the companies in the same industry.
RAY-B has a better Return On Invested Capital (10.36%) than 92.31% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for RAY-B is in line with the industry average of 8.21%.
The 3 year average ROIC (8.88%) for RAY-B is below the current ROIC(10.36%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.12% | ||
| ROE | 17.96% | ||
| ROIC | 10.36% |
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
With an excellent Profit Margin value of 12.56%, RAY-B belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
RAY-B's Profit Margin has improved in the last couple of years.
RAY-B has a Operating Margin of 25.10%. This is amongst the best in the industry. RAY-B outperforms 100.00% 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 | 25.1% | ||
| PM (TTM) | 12.56% | ||
| 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.
The number of shares outstanding for RAY-B has been reduced compared to 1 year ago.
RAY-B has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, RAY-B has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.76, we must say that RAY-B is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.76, RAY-B is in the better half of the industry, outperforming 76.92% of the companies in the same industry.
RAY-B has a debt to FCF ratio of 3.50. This is a good value and a sign of high solvency as RAY-B would need 3.50 years to pay back of all of its debts.
The Debt to FCF ratio of RAY-B (3.50) is better than 76.92% of its industry peers.
RAY-B has a Debt/Equity ratio of 1.23. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.23, RAY-B is in line with its industry, outperforming 53.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.23 | ||
| Debt/FCF | 3.5 | ||
| Altman-Z | 1.76 |
ROIC/WACC1.53
WACC6.78%
2.3 Liquidity
RAY-B has a Current Ratio of 1.11. 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's Current ratio of 1.11 is fine compared to the rest of the industry. RAY-B outperforms 69.23% of its industry peers.
A Quick Ratio of 1.04 indicates that RAY-B should not have too much problems paying its short term obligations.
The Quick ratio of RAY-B (1.04) is better than 69.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.11 | ||
| Quick Ratio | 1.04 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 33.33% over the past year.
Measured over the past 5 years, RAY-B shows a small growth in Earnings Per Share. The EPS has been growing by 7.84% on average per year.
The Revenue has grown by 12.69% in the past year. This is quite good.
The Revenue has been growing slightly by 4.75% on average over the past years.
EPS 1Y (TTM)33.33%
EPS 3Y9.49%
EPS 5Y7.84%
EPS Q2Q%33.33%
Revenue 1Y (TTM)12.69%
Revenue growth 3Y11.03%
Revenue growth 5Y4.75%
Sales Q2Q%21.03%
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.
Based on estimates for the next years, RAY-B will show a small growth in Revenue. The Revenue will grow by 4.25% on average per year.
EPS Next Y33.08%
EPS Next 2Y19.33%
EPS Next 3Y8.44%
EPS Next 5YN/A
Revenue Next Year12.38%
Revenue Next 2Y9.13%
Revenue Next 3Y4.25%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same 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 stable.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 12.10, which indicates a correct valuation of RAY-B.
Compared to the rest of the industry, the Price/Earnings ratio of RAY-B indicates a rather cheap valuation: RAY-B is cheaper than 92.31% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of RAY-B to the average of the S&P500 Index (25.65), we can say RAY-B is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 10.03, the valuation of RAY-B can be described as reasonable.
Based on the Price/Forward Earnings ratio, RAY-B is valued cheaply inside the industry as 92.31% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of RAY-B to the average of the S&P500 Index (34.45), we can say RAY-B is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.1 | ||
| Fwd PE | 10.03 |
4.2 Price Multiples
RAY-B's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. RAY-B is cheaper than 69.23% of the companies in the same industry.
69.23% of the companies in the same industry are more expensive than RAY-B, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.09 | ||
| EV/EBITDA | 8.69 |
4.3 Compensation for Growth
RAY-B's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of RAY-B may justify a higher PE ratio.
PEG (NY)0.37
PEG (5Y)1.54
EPS Next 2Y19.33%
EPS Next 3Y8.44%
5. Dividend
5.1 Amount
RAY-B has a Yearly Dividend Yield of 2.30%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.30, RAY-B pays a better dividend. On top of this RAY-B pays more dividend than 92.31% of the companies listed in the same industry.
RAY-B's Dividend Yield is comparable with the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.3% |
5.2 History
The dividend of RAY-B has a limited annual growth rate of 1.15%.
RAY-B has paid a dividend for at least 10 years, which is a reliable track record.
RAY-B has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)1.15%
Div Incr Years0
Div Non Decr Years9
5.3 Sustainability
RAY-B pays out 39.32% of its income as dividend. This is a sustainable payout ratio.
RAY-B's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP39.32%
EPS Next 2Y19.33%
EPS Next 3Y8.44%
TSX:RAY-B (11/21/2025, 7:00:00 PM)
15
-0.47 (-3.04%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners25.94%
Inst Owner ChangeN/A
Ins Owners6.46%
Ins Owner ChangeN/A
Market Cap827.25M
Revenue(TTM)413.13M
Net Income(TTM)51.89M
Analysts82.86
Price Target17.11 (14.07%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.3% |
Yearly Dividend0.3
Dividend Growth(5Y)1.15%
DP39.32%
Div Incr Years0
Div Non Decr Years9
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.49%
Min EPS beat(2)1.53%
Max EPS beat(2)9.44%
EPS beat(4)3
Avg EPS beat(4)4.53%
Min EPS beat(4)-1.17%
Max EPS beat(4)9.44%
EPS beat(8)5
Avg EPS beat(8)2.42%
EPS beat(12)5
Avg EPS beat(12)-1.75%
EPS beat(16)6
Avg EPS beat(16)-3.69%
Revenue beat(2)1
Avg Revenue beat(2)-0.58%
Min Revenue beat(2)-3.78%
Max Revenue beat(2)2.61%
Revenue beat(4)2
Avg Revenue beat(4)-0.01%
Min Revenue beat(4)-3.78%
Max Revenue beat(4)3.01%
Revenue beat(8)5
Avg Revenue beat(8)0.39%
Revenue beat(12)6
Avg Revenue beat(12)-0.21%
Revenue beat(16)6
Avg Revenue beat(16)-1.29%
PT rev (1m)31.05%
PT rev (3m)43.81%
EPS NQ rev (1m)-6.12%
EPS NQ rev (3m)-5.64%
EPS NY rev (1m)0%
EPS NY rev (3m)0.87%
Revenue NQ rev (1m)0.43%
Revenue NQ rev (3m)0.43%
Revenue NY rev (1m)-0.21%
Revenue NY rev (3m)-0.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.1 | ||
| Fwd PE | 10.03 | ||
| P/S | 2 | ||
| P/FCF | 8.09 | ||
| P/OCF | 6.99 | ||
| P/B | 2.86 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.69 |
EPS(TTM)1.24
EY8.27%
EPS(NY)1.5
Fwd EY9.97%
FCF(TTM)1.86
FCFY12.37%
OCF(TTM)2.15
OCFY14.32%
SpS7.49
BVpS5.24
TBVpS-6.27
PEG (NY)0.37
PEG (5Y)1.54
Graham Number12.09
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.12% | ||
| ROE | 17.96% | ||
| ROCE | 14.39% | ||
| ROIC | 10.36% | ||
| ROICexc | 10.58% | ||
| ROICexgc | 105.13% | ||
| OM | 25.1% | ||
| PM (TTM) | 12.56% | ||
| GM | N/A | ||
| FCFM | 24.76% |
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%
ROICexgc growth 3Y13.47%
ROICexgc 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-Score8
Asset Turnover0.49
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.23 | ||
| Debt/FCF | 3.5 | ||
| Debt/EBITDA | 2.63 | ||
| Cap/Depr | 52.04% | ||
| Cap/Sales | 3.9% | ||
| Interest Coverage | 4.88 | ||
| Cash Conversion | 87.94% | ||
| Profit Quality | 197.18% | ||
| Current Ratio | 1.11 | ||
| Quick Ratio | 1.04 | ||
| Altman-Z | 1.76 |
F-Score8
WACC6.78%
ROIC/WACC1.53
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)33.33%
EPS 3Y9.49%
EPS 5Y7.84%
EPS Q2Q%33.33%
EPS Next Y33.08%
EPS Next 2Y19.33%
EPS Next 3Y8.44%
EPS Next 5YN/A
Revenue 1Y (TTM)12.69%
Revenue growth 3Y11.03%
Revenue growth 5Y4.75%
Sales Q2Q%21.03%
Revenue Next Year12.38%
Revenue Next 2Y9.13%
Revenue Next 3Y4.25%
Revenue Next 5YN/A
EBIT growth 1Y11.9%
EBIT growth 3Y15.17%
EBIT growth 5Y5.85%
EBIT Next Year56.23%
EBIT Next 3Y18.47%
EBIT Next 5YN/A
FCF growth 1Y28.71%
FCF growth 3Y10.54%
FCF growth 5Y4.05%
OCF growth 1Y23.98%
OCF growth 3Y7.88%
OCF growth 5Y3.57%
STINGRAY GROUP -VARIABLE S / RAY-B.CA FAQ
Can you provide the ChartMill fundamental rating for STINGRAY GROUP -VARIABLE S?
ChartMill assigns a fundamental rating of 6 / 10 to RAY-B.CA.
Can you provide the valuation status for STINGRAY GROUP -VARIABLE S?
ChartMill assigns a valuation rating of 7 / 10 to STINGRAY GROUP -VARIABLE S (RAY-B.CA). This can be considered as Undervalued.
How profitable is STINGRAY GROUP -VARIABLE S (RAY-B.CA) stock?
STINGRAY GROUP -VARIABLE S (RAY-B.CA) has a profitability rating of 7 / 10.
What is the valuation of STINGRAY GROUP -VARIABLE S based on its PE and PB ratios?
The Price/Earnings (PE) ratio for STINGRAY GROUP -VARIABLE S (RAY-B.CA) is 12.1 and the Price/Book (PB) ratio is 2.86.
How financially healthy is STINGRAY GROUP -VARIABLE S?
The financial health rating of STINGRAY GROUP -VARIABLE S (RAY-B.CA) is 5 / 10.