STINGRAY GROUP -VARIABLE S (RAY-B.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:RAY-B - CA86084H2090 - Common Stock
13.9 CAD
-0.09 (-0.64%)
RAY-B gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 12 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. 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 would make RAY-B suitable 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.
RAY-B had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
RAY-B's Return On Assets of 6.12% is fine compared to the rest of the industry. RAY-B outperforms 75.00% of its industry peers.
RAY-B's Return On Equity of 17.96% is amongst the best of the industry. RAY-B outperforms 91.67% of its industry peers.
Looking at the Return On Invested Capital, with a value of 10.36%, RAY-B belongs to the top of the industry, outperforming 91.67% of the companies in the same industry.
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 8.67%.
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
RAY-B's Profit Margin of 12.56% is amongst the best of the industry. RAY-B outperforms 100.00% 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 (25.10%) than 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), RAY-B is creating some value.
The number of shares outstanding for RAY-B has been reduced compared to 1 year ago.
Compared to 5 years ago, RAY-B has less shares outstanding
The debt/assets ratio for RAY-B has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.69, we must say that RAY-B is in the distress zone and has some risk of bankruptcy.
RAY-B has a Altman-Z score of 1.69. This is in the better half of the industry: RAY-B outperforms 66.67% of its industry peers.
The Debt to FCF ratio of RAY-B is 3.50, which is a good value as it means it would take RAY-B, 3.50 years of fcf income to pay off all of its debts.
RAY-B has a Debt to FCF ratio of 3.50. This is in the better half of the industry: RAY-B outperforms 66.67% 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.
RAY-B's Debt to Equity ratio of 1.23 is in line compared to the rest of the industry. RAY-B outperforms 41.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.23 | ||
| Debt/FCF | 3.5 | ||
| Altman-Z | 1.69 |
ROIC/WACC1.53
WACC6.76%
2.3 Liquidity
A Current Ratio of 1.11 indicates that RAY-B should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.11, RAY-B is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
A Quick Ratio of 1.04 indicates that RAY-B should not have too much problems paying its short term obligations.
RAY-B has a better Quick ratio (1.04) than 66.67% 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.
Looking at the last year, RAY-B shows a quite strong growth in Revenue. The Revenue has grown by 12.69% in the last year.
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
The Earnings Per Share is expected to grow by 19.96% on average over the next years. This is quite good.
The Revenue is expected to grow by 17.02% on average over the next years. This is quite good.
EPS Next Y35.21%
EPS Next 2Y31.15%
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.
4. Valuation
4.1 Price/Earnings Ratio
RAY-B is valuated reasonably with a Price/Earnings ratio of 11.21.
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.
When comparing the Price/Earnings ratio of RAY-B to the average of the S&P500 Index (26.92), we can say RAY-B is valued rather cheaply.
A Price/Forward Earnings ratio of 7.70 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 100.00% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.46, RAY-B is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.21 | ||
| Fwd PE | 7.7 |
4.2 Price Multiples
RAY-B's Enterprise Value to EBITDA ratio is in line with the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of RAY-B indicates a rather cheap valuation: RAY-B is cheaper than 83.33% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.48 | ||
| EV/EBITDA | 8.23 |
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.
RAY-B's earnings are expected to grow with 19.96% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.32
PEG (5Y)1.43
EPS Next 2Y31.15%
EPS Next 3Y19.96%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.36%, RAY-B has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 0.39, RAY-B pays a better dividend. On top of this RAY-B pays more dividend than 91.67% of the companies listed in the same industry.
RAY-B's Dividend Yield is comparable with the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.36% |
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
39.32% of the earnings are spent on dividend by RAY-B. This is a low number and sustainable payout ratio.
RAY-B's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP39.32%
EPS Next 2Y31.15%
EPS Next 3Y19.96%
TSX:RAY-B (12/22/2025, 7:00:00 PM)
13.9
-0.09 (-0.64%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners27.31%
Inst Owner ChangeN/A
Ins Owners7.2%
Ins Owner ChangeN/A
Market Cap765.06M
Revenue(TTM)413.13M
Net Income(TTM)51.89M
Analysts82.86
Price Target17.63 (26.83%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.36% |
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)3.04%
PT rev (3m)32.51%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-6.12%
EPS NY rev (1m)1.6%
EPS NY rev (3m)1.6%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.43%
Revenue NY rev (1m)10.21%
Revenue NY rev (3m)9.97%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.21 | ||
| Fwd PE | 7.7 | ||
| P/S | 1.85 | ||
| P/FCF | 7.48 | ||
| P/OCF | 6.46 | ||
| P/B | 2.65 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.23 |
EPS(TTM)1.24
EY8.92%
EPS(NY)1.81
Fwd EY12.99%
FCF(TTM)1.86
FCFY13.37%
OCF(TTM)2.15
OCFY15.48%
SpS7.51
BVpS5.25
TBVpS-6.28
PEG (NY)0.32
PEG (5Y)1.43
Graham Number12.1
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 | 1.69 |
F-Score8
WACC6.76%
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 Y35.21%
EPS Next 2Y31.15%
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 -VARIABLE S / RAY-B.CA FAQ
Can you provide the ChartMill fundamental rating for STINGRAY GROUP -VARIABLE S?
ChartMill assigns a fundamental rating of 7 / 10 to RAY-B.CA.
Can you provide the valuation status for STINGRAY GROUP -VARIABLE S?
ChartMill assigns a valuation rating of 9 / 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 11.21 and the Price/Book (PB) ratio is 2.65.
How financially healthy is STINGRAY GROUP -VARIABLE S?
The financial health rating of STINGRAY GROUP -VARIABLE S (RAY-B.CA) is 5 / 10.