STINGRAY GROUP -VARIABLE S (RAY-B.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:RAY-B - CA86084H2090 - Common Stock
14.34 CAD
-0.16 (-1.1%)
Overall RAY-B gets a fundamental rating of 6 out of 10. We evaluated RAY-B against 13 industry peers in the Media industry. RAY-B scores excellent on profitability, but there are some minor concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on RAY-B. Finally 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.
RAY-B had a positive operating cash flow in the past year.
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
The Return On Assets of RAY-B (6.12%) is better than 76.92% of its industry peers.
Looking at the Return On Equity, with a value of 17.96%, RAY-B belongs to the top of the industry, outperforming 92.31% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 10.36%, RAY-B belongs to the top of the industry, outperforming 92.31% 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 8.67%.
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 Profit Margin of 12.56%. This is amongst the best in the industry. RAY-B outperforms 100.00% of its industry peers.
RAY-B's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 25.10%, RAY-B belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), RAY-B 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.
Compared to 1 year ago, RAY-B has an improved debt to assets ratio.
2.2 Solvency
RAY-B has an Altman-Z score of 1.72. 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 (1.72) is better than 76.92% 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 69.23% of the companies in the same industry.
A Debt/Equity ratio of 1.23 is on the high side and indicates that RAY-B has dependencies on debt 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 | 1.72 |
ROIC/WACC1.53
WACC6.78%
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.
RAY-B's Current ratio of 1.11 is fine compared to the rest of the industry. RAY-B outperforms 69.23% 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.
RAY-B's Quick ratio of 1.04 is fine compared to the rest of the industry. RAY-B outperforms 69.23% 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.
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.
RAY-B is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 17.02% yearly.
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.
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 11.56.
Based on the Price/Earnings ratio, RAY-B is valued cheaply inside the industry as 84.62% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 26.87. RAY-B is valued rather cheaply when compared to this.
RAY-B is valuated cheaply with a Price/Forward Earnings ratio of 7.94.
Based on the Price/Forward Earnings ratio, RAY-B is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.46, RAY-B is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.56 | ||
| Fwd PE | 7.94 |
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.
Based on the Price/Free Cash Flow ratio, RAY-B is valued a bit cheaper than the industry average as 76.92% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.71 | ||
| EV/EBITDA | 8.41 |
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.
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)0.33
PEG (5Y)1.48
EPS Next 2Y31.15%
EPS Next 3Y19.96%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.35%, 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 0.36. RAY-B pays more dividend than 92.31% of the companies in the same industry.
RAY-B's Dividend Yield is a higher than the S&P500 average which is at 1.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.35% |
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
RAY-B pays out 39.32% of its income as dividend. This is a 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 2Y31.15%
EPS Next 3Y19.96%
TSX:RAY-B (1/5/2026, 7:00:00 PM)
14.34
-0.16 (-1.1%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners26.98%
Inst Owner ChangeN/A
Ins Owners7.22%
Ins Owner ChangeN/A
Market Cap789.27M
Revenue(TTM)413.13M
Net Income(TTM)51.89M
Analysts82.86
Price Target17.63 (22.94%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.35% |
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)3.04%
PT rev (3m)35.02%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-6.12%
EPS NY rev (1m)0%
EPS NY rev (3m)1.6%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.43%
Revenue NY rev (1m)0%
Revenue NY rev (3m)9.97%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.56 | ||
| Fwd PE | 7.94 | ||
| P/S | 1.91 | ||
| P/FCF | 7.71 | ||
| P/OCF | 6.66 | ||
| P/B | 2.73 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.41 |
EPS(TTM)1.24
EY8.65%
EPS(NY)1.81
Fwd EY12.59%
FCF(TTM)1.86
FCFY12.96%
OCF(TTM)2.15
OCFY15%
SpS7.51
BVpS5.25
TBVpS-6.28
PEG (NY)0.33
PEG (5Y)1.48
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 | 1.72 |
F-Score8
WACC6.78%
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.
What is the valuation status of STINGRAY GROUP -VARIABLE S (RAY-B.CA) stock?
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.
Can you provide the PE and PB ratios for RAY-B stock?
The Price/Earnings (PE) ratio for STINGRAY GROUP -VARIABLE S (RAY-B.CA) is 11.56 and the Price/Book (PB) ratio is 2.73.
What is the expected EPS growth for STINGRAY GROUP -VARIABLE S (RAY-B.CA) stock?
The Earnings per Share (EPS) of STINGRAY GROUP -VARIABLE S (RAY-B.CA) is expected to grow by 35.21% in the next year.