STINGRAY GROUP -VARIABLE S (RAY-B.CA) Stock Fundamental Analysis
TSX:RAY-B - Toronto Stock Exchange - CA86084H2090 - Common Stock - Currency: CAD
Taking everything into account, RAY-B scores 6 out of 10 in our fundamental rating. RAY-B was compared to 13 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 scores decently on growth, while it is valued quite cheap. This could make an interesting combination. Finally RAY-B also has an excellent dividend rating. With these ratings, RAY-B could be worth investigating further for value and dividend investing!.
1. Profitability
1.1 Basic Checks
RAY-B had positive earnings in the past year.
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
With an excellent Return On Assets value of 4.46%, RAY-B belongs to the best of the industry, outperforming 84.62% of the companies in the same industry.
The Return On Equity of RAY-B (13.66%) is better than 84.62% of its industry peers.
With an excellent Return On Invested Capital value of 10.20%, RAY-B belongs to the best of the industry, outperforming 84.62% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for RAY-B is in line with the industry average of 10.26%.
The last Return On Invested Capital (10.20%) for RAY-B is above the 3 year average (8.88%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.46% | ||
| ROE | 13.66% | ||
| ROIC | 10.2% |
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 9.42%, RAY-B belongs to the best of the industry, outperforming 92.31% of the companies in the same industry.
In the last couple of years the Profit Margin of RAY-B has grown nicely.
RAY-B has a Operating Margin of 25.75%. 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 | 25.75% | ||
| PM (TTM) | 9.42% | ||
| 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.
The number of shares outstanding for RAY-B has been reduced compared to 5 years ago.
RAY-B has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.41, we must say that RAY-B is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of RAY-B (1.41) is better than 84.62% of its industry peers.
RAY-B has a debt to FCF ratio of 4.00. This is a neutral value as RAY-B would need 4.00 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 4.00, RAY-B is in the better half of the industry, outperforming 76.92% of the companies in the same industry.
A Debt/Equity ratio of 1.34 is on the high side and indicates that RAY-B has dependencies on debt financing.
RAY-B's Debt to Equity ratio of 1.34 is fine compared to the rest of the industry. RAY-B outperforms 61.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.34 | ||
| Debt/FCF | 4 | ||
| Altman-Z | 1.41 |
ROIC/WACC1.56
WACC6.55%
2.3 Liquidity
RAY-B has a Current Ratio of 1.00. This is a normal value and indicates that RAY-B is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.00, RAY-B is in the better half of the industry, outperforming 76.92% of the companies in the same industry.
A Quick Ratio of 0.98 indicates that RAY-B may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.98, RAY-B is in the better half of the industry, outperforming 69.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1 | ||
| Quick Ratio | 0.98 |
3. Growth
3.1 Past
RAY-B shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 20.69%, which is quite impressive.
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.
RAY-B shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.00%.
The Revenue has been growing slightly by 4.75% on average over the past years.
EPS 1Y (TTM)20.69%
EPS 3Y9.49%
EPS 5Y7.84%
EPS Q2Q%22.73%
Revenue 1Y (TTM)12%
Revenue growth 3Y11.03%
Revenue growth 5Y4.75%
Sales Q2Q%14.75%
3.2 Future
The Earnings Per Share is expected to grow by 8.04% on average over the next years. This is quite good.
The Revenue is expected to grow by 3.10% on average over the next years.
EPS Next Y17.22%
EPS Next 2Y8.04%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year5.4%
Revenue Next 2Y3.1%
Revenue Next 3YN/A
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 9.66, the valuation of RAY-B can be described as very reasonable.
84.62% of the companies in the same industry are more expensive than RAY-B, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of RAY-B to the average of the S&P500 Index (27.51), we can say RAY-B is valued rather cheaply.
The Price/Forward Earnings ratio is 8.24, which indicates a very decent valuation of RAY-B.
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.
The average S&P500 Price/Forward Earnings ratio is at 35.58. RAY-B is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.66 | ||
| Fwd PE | 8.24 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of RAY-B indicates a somewhat cheap valuation: RAY-B is cheaper than 69.23% of the companies listed in the same industry.
RAY-B's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. RAY-B is cheaper than 76.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.19 | ||
| EV/EBITDA | 6.93 |
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)0.56
PEG (5Y)1.23
EPS Next 2Y8.04%
EPS Next 3YN/A
5. Dividend
5.1 Amount
RAY-B has a Yearly Dividend Yield of 2.92%.
RAY-B's Dividend Yield is rather good when compared to the industry average which is at 2.92. RAY-B pays more dividend than 92.31% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.35, RAY-B pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.92% |
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.
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 56.22% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of RAY-B is growing, but earnings are growing more, so the dividend growth is sustainable.
DP56.22%
EPS Next 2Y8.04%
EPS Next 3YN/A
TSX:RAY-B (7/14/2025, 7:00:00 PM)
10.14
-0.18 (-1.74%)
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 Cap557.40M
Analysts82.86
Price Target11.9 (17.36%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.92% |
Yearly Dividend0.3
Dividend Growth(5Y)1.15%
DP56.22%
Div Incr Years0
Div Non Decr Years9
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)3.58%
Min EPS beat(2)-1.17%
Max EPS beat(2)8.32%
EPS beat(4)2
Avg EPS beat(4)0.96%
Min EPS beat(4)-8.41%
Max EPS beat(4)8.32%
EPS beat(8)3
Avg EPS beat(8)-1.78%
EPS beat(12)3
Avg EPS beat(12)-5.26%
EPS beat(16)5
Avg EPS beat(16)-5.19%
Revenue beat(2)1
Avg Revenue beat(2)0.56%
Min Revenue beat(2)-1.9%
Max Revenue beat(2)3.01%
Revenue beat(4)3
Avg Revenue beat(4)1.41%
Min Revenue beat(4)-1.9%
Max Revenue beat(4)3.01%
Revenue beat(8)4
Avg Revenue beat(8)-0.39%
Revenue beat(12)5
Avg Revenue beat(12)-1%
Revenue beat(16)5
Avg Revenue beat(16)-1.95%
PT rev (1m)0%
PT rev (3m)2.48%
EPS NQ rev (1m)25%
EPS NQ rev (3m)25%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0.55%
Revenue NQ rev (3m)0.55%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.66 | ||
| Fwd PE | 8.24 | ||
| P/S | 1.44 | ||
| P/FCF | 6.19 | ||
| P/OCF | 5.31 | ||
| P/B | 2.09 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.93 |
EPS(TTM)1.05
EY10.36%
EPS(NY)1.23
Fwd EY12.14%
FCF(TTM)1.64
FCFY16.14%
OCF(TTM)1.91
OCFY18.84%
SpS7.04
BVpS4.85
TBVpS-6.73
PEG (NY)0.56
PEG (5Y)1.23
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.46% | ||
| ROE | 13.66% | ||
| ROCE | 14.16% | ||
| ROIC | 10.2% | ||
| ROICexc | 10.4% | ||
| ROICexgc | 135.48% | ||
| OM | 25.75% | ||
| PM (TTM) | 9.42% | ||
| GM | N/A | ||
| FCFM | 23.26% |
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 Turnover0.47
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.34 | ||
| Debt/FCF | 4 | ||
| Debt/EBITDA | 2.73 | ||
| Cap/Depr | 48.97% | ||
| Cap/Sales | 3.89% | ||
| Interest Coverage | 4.19 | ||
| Cash Conversion | 80.56% | ||
| Profit Quality | 246.93% | ||
| Current Ratio | 1 | ||
| Quick Ratio | 0.98 | ||
| Altman-Z | 1.41 |
F-Score9
WACC6.55%
ROIC/WACC1.56
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)20.69%
EPS 3Y9.49%
EPS 5Y7.84%
EPS Q2Q%22.73%
EPS Next Y17.22%
EPS Next 2Y8.04%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)12%
Revenue growth 3Y11.03%
Revenue growth 5Y4.75%
Sales Q2Q%14.75%
Revenue Next Year5.4%
Revenue Next 2Y3.1%
Revenue Next 3YN/A
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 1Y-13.88%
FCF growth 3Y10.54%
FCF growth 5Y4.05%
OCF growth 1Y-11.38%
OCF growth 3Y7.88%
OCF growth 5Y3.57%