STINGRAY GROUP -VARIABLE S (RAY-B.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:RAY-B - CA86084H2090 - Common Stock
14.99 CAD
+0.65 (+4.53%)
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 scores excellent on profitability, but 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! Finally RAY-B also has an excellent dividend rating. These ratings could make RAY-B a good candidate for value and dividend investing.
1. Profitability
1.1 Basic Checks
In the past year RAY-B was profitable.
RAY-B had a positive operating cash flow in the past year.
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
The Return On Assets of RAY-B (6.12%) is better than 69.23% of its industry peers.
With an excellent Return On Equity value of 17.96%, RAY-B belongs to the best of the industry, outperforming 84.62% of the companies in the same industry.
With an excellent Return On Invested Capital value of 10.36%, RAY-B belongs to the best of the industry, outperforming 84.62% 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 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 92.31% 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 92.31% 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
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.
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
RAY-B has an Altman-Z score of 1.76. This is a bad value and indicates that RAY-B is not financially healthy and even has some risk of bankruptcy.
With an excellent Altman-Z score value of 1.76, RAY-B belongs to the best of the industry, outperforming 84.62% of the companies in the same industry.
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 61.54% 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.
Looking at the Debt to Equity ratio, with a value of 1.23, RAY-B is doing worse than 61.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.23 | ||
| Debt/FCF | 3.5 | ||
| Altman-Z | 1.76 |
ROIC/WACC1.52
WACC6.81%
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 has a better Current ratio (1.11) than 61.54% 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.
With a decent Quick ratio value of 1.04, RAY-B is doing good in the industry, outperforming 61.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.11 | ||
| Quick Ratio | 1.04 |
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 33.33%, 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 12.69%.
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
Based on estimates for the next years, RAY-B will show a quite strong growth in Earnings Per Share. The EPS will grow by 19.96% on average per year.
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
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 correctly with a Price/Earnings ratio of 12.09.
76.92% of the companies in the same industry are more expensive than RAY-B, based on the Price/Earnings ratio.
RAY-B is valuated cheaply when we compare the Price/Earnings ratio to 27.00, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 8.30 indicates a reasonable valuation of RAY-B.
92.31% of the companies in the same industry are more expensive than RAY-B, based on the Price/Forward Earnings ratio.
RAY-B is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.70, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.09 | ||
| Fwd PE | 8.3 |
4.2 Price Multiples
61.54% of the companies in the same industry are more expensive than RAY-B, based on the Enterprise Value to EBITDA ratio.
69.23% 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 | 8.06 | ||
| EV/EBITDA | 8.68 |
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 19.96% in the coming years.
PEG (NY)0.34
PEG (5Y)1.54
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.
Compared to an average industry Dividend Yield of 0.36, 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.
Compared to an average S&P500 Dividend Yield of 1.94, RAY-B pays a bit more dividend than the S&P500 average.
| 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 paid a dividend for at least 10 years, which is 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 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 (1/8/2026, 7:00:00 PM)
14.99
+0.65 (+4.53%)
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 Cap825.05M
Revenue(TTM)413.13M
Net Income(TTM)51.89M
Analysts82.86
Price Target17.63 (17.61%)
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 | 12.09 | ||
| Fwd PE | 8.3 | ||
| P/S | 2 | ||
| P/FCF | 8.06 | ||
| P/OCF | 6.97 | ||
| P/B | 2.86 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.68 |
EPS(TTM)1.24
EY8.27%
EPS(NY)1.81
Fwd EY12.05%
FCF(TTM)1.86
FCFY12.4%
OCF(TTM)2.15
OCFY14.35%
SpS7.51
BVpS5.25
TBVpS-6.28
PEG (NY)0.34
PEG (5Y)1.54
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 | 1.76 |
F-Score8
WACC6.81%
ROIC/WACC1.52
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.
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 12.09 and the Price/Book (PB) ratio is 2.86.
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.