Stingray Group Inc (RAY-B.CA) Fundamental Analysis & Valuation

TSX:RAY-B • CA86084H2090

Current stock price

16.62 CAD
-0.78 (-4.48%)
Last:

This RAY-B.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

7

1. RAY-B.CA Profitability Analysis

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.
RAY-B.CA Yearly Net Income VS EBIT VS OCF VS FCFRAY-B.CA 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 2025 0 20M 40M 60M 80M 100M

1.2 Ratios

  • The Return On Assets of RAY-B (6.12%) is better than 69.23% of its industry peers.
  • RAY-B has a Return On Equity of 17.96%. This is amongst the best in the industry. RAY-B outperforms 84.62% of its industry peers.
  • The Return On Invested Capital of RAY-B (10.36%) is better than 84.62% of its industry peers.
  • RAY-B had an Average Return On Invested Capital over the past 3 years of 8.88%. This is in line with the industry average of 8.32%.
  • The last Return On Invested Capital (10.36%) for RAY-B is above the 3 year average (8.88%), which is a sign of increasing profitability.
Industry RankSector 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%
RAY-B.CA Yearly ROA, ROE, ROICRAY-B.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 -5 10 15

1.3 Margins

  • RAY-B's Profit Margin of 12.56% is amongst the best of the industry. RAY-B outperforms 92.31% of its industry peers.
  • 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 92.31% of its industry peers.
  • RAY-B's Operating Margin has been stable in the last couple of years.
Industry RankSector 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
RAY-B.CA Yearly Profit, Operating, Gross MarginsRAY-B.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 40 60

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6

2. RAY-B.CA Health Analysis

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.
  • The number of shares outstanding for RAY-B has been reduced compared to 5 years ago.
  • The debt/assets ratio for RAY-B has been reduced compared to a year ago.
RAY-B.CA Yearly Shares OutstandingRAY-B.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M
RAY-B.CA Yearly Total Debt VS Total AssetsRAY-B.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M

2.2 Solvency

  • An Altman-Z score of 1.86 indicates that RAY-B is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • RAY-B has a better Altman-Z score (1.86) than 84.62% of its industry peers.
  • 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.
  • With a decent Debt to FCF ratio value of 3.50, RAY-B is doing good in the industry, outperforming 61.54% of the companies in the same industry.
  • RAY-B has a Debt/Equity ratio of 1.23. This is a high value indicating a heavy dependency on external financing.
  • The Debt to Equity ratio of RAY-B (1.23) is worse than 61.54% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.23
Debt/FCF 3.5
Altman-Z 1.86
ROIC/WACC1.47
WACC7.03%
RAY-B.CA Yearly LT Debt VS Equity VS FCFRAY-B.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M

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.
  • The Current ratio of RAY-B (1.11) is better than 61.54% of its industry peers.
  • RAY-B has a Quick Ratio of 1.04. This is a normal value and indicates that RAY-B is financially healthy and should not expect problems in meeting its short term obligations.
  • With a decent Quick ratio value of 1.04, RAY-B is doing good in the industry, outperforming 61.54% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.11
Quick Ratio 1.04
RAY-B.CA Yearly Current Assets VS Current LiabilitesRAY-B.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M 100M

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

6

3. RAY-B.CA Growth Analysis

3.1 Past

  • RAY-B shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 33.33%, which is quite impressive.
  • The Earnings Per Share has been growing slightly by 7.84% on average over the past years.
  • The Revenue has grown by 12.69% 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)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

  • RAY-B is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 19.96% yearly.
  • Based on estimates for the next years, RAY-B will show a quite strong growth in Revenue. The Revenue will grow by 17.02% on average per year.
EPS Next Y36.84%
EPS Next 2Y35.68%
EPS Next 3Y19.96%
EPS Next 5YN/A
Revenue Next Year23.85%
Revenue Next 2Y28.97%
Revenue Next 3Y17.02%
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 accelerating.
RAY-B.CA Yearly Revenue VS EstimatesRAY-B.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 200M 400M 600M
RAY-B.CA Yearly EPS VS EstimatesRAY-B.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0.5 1 1.5

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7

4. RAY-B.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 13.40, the valuation of RAY-B can be described as correct.
  • Based on the Price/Earnings ratio, RAY-B is valued a bit cheaper than 76.92% of the companies in the same industry.
  • The average S&P500 Price/Earnings ratio is at 25.71. RAY-B is valued slightly cheaper when compared to this.
  • A Price/Forward Earnings ratio of 8.60 indicates a reasonable valuation of RAY-B.
  • 92.31% of the companies in the same industry are more expensive than RAY-B, based on the Price/Forward Earnings ratio.
  • RAY-B's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.83.
Industry RankSector Rank
PE 13.4
Fwd PE 8.6
RAY-B.CA Price Earnings VS Forward Price EarningsRAY-B.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • 61.54% of the companies in the same industry are more expensive than RAY-B, based on the Enterprise Value to EBITDA ratio.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of RAY-B indicates a somewhat cheap valuation: RAY-B is cheaper than 69.23% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 8.96
EV/EBITDA 9.36
RAY-B.CA Per share dataRAY-B.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 -2 4 -4 6 -6

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.
  • The decent profitability rating of RAY-B may justify a higher PE ratio.
  • A more expensive valuation may be justified as RAY-B's earnings are expected to grow with 19.96% in the coming years.
PEG (NY)0.36
PEG (5Y)1.71
EPS Next 2Y35.68%
EPS Next 3Y19.96%

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7

5. RAY-B.CA Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 2.00%, RAY-B has a reasonable but not impressive dividend return.
  • Compared to an average industry Dividend Yield of 0.36, 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 1.91, RAY-B has a dividend comparable with the average S&P500 company.
Industry RankSector Rank
Dividend Yield 2%

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.
  • 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
RAY-B.CA Yearly Dividends per shareRAY-B.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.1 0.2 0.3

5.3 Sustainability

  • 39.32% of the earnings are spent on dividend by RAY-B. This is a low number and sustainable payout ratio.
  • The dividend of RAY-B is growing, but earnings are growing more, so the dividend growth is sustainable.
DP39.32%
EPS Next 2Y35.68%
EPS Next 3Y19.96%
RAY-B.CA Yearly Income VS Free CF VS DividendRAY-B.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20M 40M 60M 80M 100M
RAY-B.CA Dividend Payout.RAY-B.CA Dividend Payout, showing the Payout Ratio.RAY-B.CA Dividend Payout.PayoutRetained Earnings

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RAY-B.CA Fundamentals: All Metrics, Ratios and Statistics

Stingray Group Inc

TSX:RAY-B (2/11/2026, 7:00:00 PM)

16.62

-0.78 (-4.48%)

Chartmill FA Rating
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)02-10
Earnings (Next)06-08
Inst Owners26.98%
Inst Owner ChangeN/A
Ins Owners7.22%
Ins Owner ChangeN/A
Market Cap916.93M
Revenue(TTM)413.13M
Net Income(TTM)51.89M
Analysts82.86
Price Target17.84 (7.34%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2%
Yearly Dividend0.3
Dividend Growth(5Y)1.15%
DP39.32%
Div Incr Years0
Div Non Decr Years9
Ex-DateN/A
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)1.16%
PT rev (3m)30.95%
EPS NQ rev (1m)-0.54%
EPS NQ rev (3m)-6.63%
EPS NY rev (1m)1.21%
EPS NY rev (3m)2.83%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.7%
Revenue NY rev (1m)0%
Revenue NY rev (3m)10.21%
Valuation
Industry RankSector Rank
PE 13.4
Fwd PE 8.6
P/S 2.22
P/FCF 8.96
P/OCF 7.74
P/B 3.17
P/tB N/A
EV/EBITDA 9.36
EPS(TTM)1.24
EY7.46%
EPS(NY)1.93
Fwd EY11.63%
FCF(TTM)1.85
FCFY11.16%
OCF(TTM)2.15
OCFY12.92%
SpS7.49
BVpS5.24
TBVpS-6.27
PEG (NY)0.36
PEG (5Y)1.71
Graham Number12.09
Profitability
Industry RankSector 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 RankSector 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 1.86
F-Score8
WACC7.03%
ROIC/WACC1.47
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 Y36.84%
EPS Next 2Y35.68%
EPS Next 3Y19.96%
EPS Next 5YN/A
Revenue 1Y (TTM)12.69%
Revenue growth 3Y11.03%
Revenue growth 5Y4.75%
Sales Q2Q%21.03%
Revenue Next Year23.85%
Revenue Next 2Y28.97%
Revenue Next 3Y17.02%
Revenue Next 5YN/A
EBIT growth 1Y11.9%
EBIT growth 3Y15.17%
EBIT growth 5Y5.85%
EBIT Next Year65.35%
EBIT Next 3Y33.46%
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 Inc / RAY-B.CA Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for Stingray Group Inc?

ChartMill assigns a fundamental rating of 7 / 10 to RAY-B.CA.


What is the valuation status of Stingray Group Inc (RAY-B.CA) stock?

ChartMill assigns a valuation rating of 7 / 10 to Stingray Group Inc (RAY-B.CA). This can be considered as Undervalued.


How profitable is Stingray Group Inc (RAY-B.CA) stock?

Stingray Group Inc (RAY-B.CA) has a profitability rating of 7 / 10.


Can you provide the PE and PB ratios for RAY-B stock?

The Price/Earnings (PE) ratio for Stingray Group Inc (RAY-B.CA) is 13.4 and the Price/Book (PB) ratio is 3.17.


What is the expected EPS growth for Stingray Group Inc (RAY-B.CA) stock?

The Earnings per Share (EPS) of Stingray Group Inc (RAY-B.CA) is expected to grow by 36.84% in the next year.