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 12 industry peers in the Media industry. RAY-B has only an average score on both its financial health and profitability. RAY-B may be a bit undervalued, certainly considering the very reasonable score on growth These ratings would make RAY-B suitable for value 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.
Of the past 5 years RAY-B 4 years were profitable.
Each year in the past 5 years RAY-B had a positive operating cash flow.
1.2 Ratios
RAY-B has a Return On Assets of -2.55%. This is in the better half of the industry: RAY-B outperforms 66.67% of its industry peers.
Looking at the Return On Equity, with a value of -8.07%, RAY-B is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
RAY-B's Return On Invested Capital of 9.00% is amongst the best of the industry. RAY-B outperforms 83.33% of its industry peers.
The Average Return On Invested Capital over the past 3 years for RAY-B is in line with the industry average of 7.62%.
The 3 year average ROIC (7.52%) for RAY-B is below the current ROIC(9.00%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.55% | ||
| ROE | -8.07% | ||
| ROIC | 9% |
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
RAY-B's Operating Margin of 24.89% is amongst the best of the industry. RAY-B outperforms 91.67% of its industry peers.
RAY-B's Operating Margin has improved in the last couple of years.
The Profit Margin and Gross Margin are not available for RAY-B so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.89% | ||
| 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
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
RAY-B has less shares outstanding than it did 5 years ago.
The debt/assets ratio for RAY-B is higher compared to a year ago.
2.2 Solvency
RAY-B has an Altman-Z score of 1.28. This is a bad value and indicates that RAY-B is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of RAY-B (1.28) is better than 91.67% of its industry peers.
RAY-B has a debt to FCF ratio of 4.34. This is a neutral value as RAY-B would need 4.34 years to pay back of all of its debts.
RAY-B has a better Debt to FCF ratio (4.34) than 75.00% of its industry peers.
RAY-B has a Debt/Equity ratio of 1.50. This is a high value indicating a heavy dependency on external financing.
RAY-B has a Debt to Equity ratio of 1.50. This is comparable to the rest of the industry: RAY-B outperforms 50.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | 4.34 | ||
| Altman-Z | 1.28 |
ROIC/WACC1.27
WACC7.08%
2.3 Liquidity
RAY-B has a Current Ratio of 1.05. 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 Current ratio of 1.05. This is in the better half of the industry: RAY-B outperforms 75.00% of its industry peers.
A Quick Ratio of 1.00 indicates that RAY-B should not have too much problems paying its short term obligations.
RAY-B has a better Quick ratio (1.00) than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.05 | ||
| Quick Ratio | 1 |
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 12.05%, which is quite good.
The Earnings Per Share has been growing by 8.45% on average over the past years. This is quite good.
RAY-B shows a small growth in Revenue. In the last year, the Revenue has grown by 6.63%.
Measured over the past years, RAY-B shows a quite strong growth in Revenue. The Revenue has been growing by 10.19% on average per year.
EPS 1Y (TTM)12.05%
EPS 3Y0.78%
EPS 5Y8.45%
EPS Q2Q%14.29%
Revenue 1Y (TTM)6.63%
Revenue growth 3Y11.46%
Revenue growth 5Y10.19%
Sales Q2Q%13.45%
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 12.10% on average per year.
RAY-B is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.33% yearly.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
RAY-B is valuated reasonably with a Price/Earnings ratio of 9.78.
Compared to the rest of the industry, the Price/Earnings ratio of RAY-B indicates a rather cheap valuation: RAY-B is cheaper than 83.33% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 29.35. RAY-B is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 7.39 indicates a rather cheap valuation of RAY-B.
RAY-B's Price/Forward Earnings ratio is rather cheap when compared to the industry. RAY-B is cheaper than 91.67% of the companies in the same industry.
RAY-B's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.78 | ||
| Fwd PE | 7.39 |
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 66.67% of the companies listed in the same industry.
66.67% 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 | 5.52 | ||
| EV/EBITDA | 7.57 |
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.
A more expensive valuation may be justified as RAY-B's earnings are expected to grow with 12.10% in the coming years.
PEG (NY)0.44
PEG (5Y)1.16
EPS Next 2Y18.94%
EPS Next 3Y12.1%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.34%, RAY-B has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.42, 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.
RAY-B's Dividend Yield is a higher than the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.34% |
5.2 History
The dividend of RAY-B has a limited annual growth rate of 4.44%.
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)4.44%
Div Incr Years0
Div Non Decr Years9
5.3 Sustainability
The earnings of RAY-B are negative and hence is the payout ratio. RAY-B will probably not be able to sustain this dividend level.
The dividend of RAY-B is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-100.48%
EPS Next 2Y18.94%
EPS Next 3Y12.1%
TSX:RAY-B (3/6/2025, 7:00:00 PM)
9.1
-0.15 (-1.62%)
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 Cap500.50M
Analysts82.86
Price Target10.44 (14.73%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.34% |
Yearly Dividend0.3
Dividend Growth(5Y)4.44%
DP-100.48%
Div Incr Years0
Div Non Decr Years9
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.85%
Min EPS beat(2)-8.41%
Max EPS beat(2)10.1%
EPS beat(4)1
Avg EPS beat(4)-1.46%
Min EPS beat(4)-8.41%
Max EPS beat(4)10.1%
EPS beat(8)1
Avg EPS beat(8)-9.19%
EPS beat(12)3
Avg EPS beat(12)-5.7%
EPS beat(16)5
Avg EPS beat(16)-4.64%
Revenue beat(2)1
Avg Revenue beat(2)-1.01%
Min Revenue beat(2)-4.11%
Max Revenue beat(2)2.08%
Revenue beat(4)2
Avg Revenue beat(4)-0.26%
Min Revenue beat(4)-4.11%
Max Revenue beat(4)2.74%
Revenue beat(8)3
Avg Revenue beat(8)-1.3%
Revenue beat(12)3
Avg Revenue beat(12)-2.05%
Revenue beat(16)3
Avg Revenue beat(16)-3.08%
PT rev (1m)-6.26%
PT rev (3m)-6.26%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0.81%
EPS NY rev (3m)0.81%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0.7%
Revenue NY rev (3m)1.8%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.78 | ||
| Fwd PE | 7.39 | ||
| P/S | 1.41 | ||
| P/FCF | 5.52 | ||
| P/OCF | 4.77 | ||
| P/B | 1.96 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.57 |
EPS(TTM)0.93
EY10.22%
EPS(NY)1.23
Fwd EY13.53%
FCF(TTM)1.65
FCFY18.13%
OCF(TTM)1.91
OCFY20.98%
SpS6.46
BVpS4.63
TBVpS-6.89
PEG (NY)0.44
PEG (5Y)1.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.55% | ||
| ROE | -8.07% | ||
| ROCE | 12.5% | ||
| ROIC | 9% | ||
| ROICexc | 9.12% | ||
| ROICexgc | 98.48% | ||
| OM | 24.89% | ||
| PM (TTM) | N/A | ||
| GM | N/A | ||
| FCFM | 25.52% |
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-Score4
Asset Turnover0.44
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | 4.34 | ||
| Debt/EBITDA | 3.23 | ||
| Cap/Depr | 48.32% | ||
| Cap/Sales | 4.02% | ||
| Interest Coverage | 3.36 | ||
| Cash Conversion | 88.96% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.05 | ||
| Quick Ratio | 1 | ||
| Altman-Z | 1.28 |
F-Score4
WACC7.08%
ROIC/WACC1.27
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)12.05%
EPS 3Y0.78%
EPS 5Y8.45%
EPS Q2Q%14.29%
EPS Next Y22.14%
EPS Next 2Y18.94%
EPS Next 3Y12.1%
EPS Next 5YN/A
Revenue 1Y (TTM)6.63%
Revenue growth 3Y11.46%
Revenue growth 5Y10.19%
Sales Q2Q%13.45%
Revenue Next Year9.92%
Revenue Next 2Y7.64%
Revenue Next 3Y5.33%
Revenue Next 5YN/A
EBIT growth 1Y6.22%
EBIT growth 3Y8.19%
EBIT growth 5Y46.83%
EBIT Next Year46.32%
EBIT Next 3Y16.96%
EBIT Next 5YN/A
FCF growth 1Y33.31%
FCF growth 3Y4.78%
FCF growth 5Y49.07%
OCF growth 1Y25.51%
OCF growth 3Y4.37%
OCF growth 5Y27.81%