STINGRAY GROUP -VARIABLE S (RAY-B.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:RAY-B - CA86084H2090 - Common Stock
13.6 CAD
-0.23 (-1.66%)
Taking everything into account, RAY-B scores 6 out of 10 in our fundamental rating. RAY-B was compared to 14 industry peers in the Media industry. RAY-B scores excellent on profitability, but there are some minor concerns on its financial health. RAY-B may be a bit undervalued, certainly considering the very reasonable score on growth 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.
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
Looking at the Return On Assets, with a value of 6.12%, RAY-B is in the better half of the industry, outperforming 78.57% of the companies in the same industry.
The Return On Equity of RAY-B (17.96%) is better than 92.86% of its industry peers.
RAY-B's Return On Invested Capital of 10.36% is amongst the best of the industry. RAY-B outperforms 85.71% of its industry peers.
The Average Return On Invested Capital over the past 3 years for RAY-B is significantly below the industry average of 15.12%.
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 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 has a better Profit Margin (12.56%) than 100.00% of its industry peers.
RAY-B's Profit Margin has improved in the last couple of years.
The Operating Margin of RAY-B (25.10%) is better than 100.00% of its industry peers.
RAY-B's Operating Margin has been stable in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so RAY-B is still creating some value.
RAY-B has less shares outstanding than it did 1 year ago.
RAY-B has less shares outstanding than it did 5 years ago.
The debt/assets ratio for RAY-B has been reduced compared to a year ago.
2.2 Solvency
RAY-B has an Altman-Z score of 1.69. This is a bad value and indicates that RAY-B is not financially healthy and even 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 78.57% 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.
The Debt to FCF ratio of RAY-B (3.50) is better than 71.43% 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 has a Debt to Equity ratio (1.23) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.23 | ||
| Debt/FCF | 3.5 | ||
| Altman-Z | 1.69 |
ROIC/WACC1.54
WACC6.71%
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.
Looking at the Current ratio, with a value of 1.11, RAY-B is in the better half of the industry, outperforming 71.43% 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 Quick ratio of 1.04. This is in the better half of the industry: RAY-B outperforms 71.43% 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.
RAY-B shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.75% yearly.
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 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
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
RAY-B is valuated reasonably with a Price/Earnings ratio of 10.97.
92.86% of the companies in the same industry are more expensive than RAY-B, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.34. RAY-B is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 7.53, the valuation of RAY-B can be described as very cheap.
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 23.56, RAY-B is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.97 | ||
| Fwd PE | 7.53 |
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 78.57% of the companies listed in the same industry.
78.57% 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 | 7.32 | ||
| EV/EBITDA | 8.2 |
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.
RAY-B's earnings are expected to grow with 19.96% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.31
PEG (5Y)1.4
EPS Next 2Y31.15%
EPS Next 3Y19.96%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.43%, RAY-B has a reasonable but not impressive dividend return.
RAY-B's Dividend Yield is rather good when compared to the industry average which is at 2.43. RAY-B pays more dividend than 92.86% of the companies in the same industry.
RAY-B's Dividend Yield is comparable with the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.43% |
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.
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
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 (12/8/2025, 7:00:00 PM)
13.6
-0.23 (-1.66%)
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 Cap748.54M
Revenue(TTM)413.13M
Net Income(TTM)51.89M
Analysts82.86
Price Target17.54 (28.97%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.43% |
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)28.8%
PT rev (3m)47.43%
EPS NQ rev (1m)-6.12%
EPS NQ rev (3m)-5.64%
EPS NY rev (1m)1.6%
EPS NY rev (3m)2.48%
Revenue NQ rev (1m)0.7%
Revenue NQ rev (3m)0.43%
Revenue NY rev (1m)10.21%
Revenue NY rev (3m)9.97%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.97 | ||
| Fwd PE | 7.53 | ||
| P/S | 1.81 | ||
| P/FCF | 7.32 | ||
| P/OCF | 6.32 | ||
| P/B | 2.59 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.2 |
EPS(TTM)1.24
EY9.12%
EPS(NY)1.81
Fwd EY13.28%
FCF(TTM)1.86
FCFY13.67%
OCF(TTM)2.15
OCFY15.82%
SpS7.51
BVpS5.25
TBVpS-6.28
PEG (NY)0.31
PEG (5Y)1.4
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
WACC6.71%
ROIC/WACC1.54
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 6 / 10 to RAY-B.CA.
Can you provide the valuation status for STINGRAY GROUP -VARIABLE S?
ChartMill assigns a valuation rating of 8 / 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 10.97 and the Price/Book (PB) ratio is 2.59.
How financially healthy is STINGRAY GROUP -VARIABLE S?
The financial health rating of STINGRAY GROUP -VARIABLE S (RAY-B.CA) is 5 / 10.