GRAY MEDIA INC-A (GTN.A) Stock Fundamental Analysis
NYSE:GTN.A - New York Stock Exchange, Inc. - US3893752051 - Common Stock - Currency: USD
Overall GTN.A gets a fundamental rating of 5 out of 10. We evaluated GTN.A against 96 industry peers in the Media industry. GTN.A scores excellent on profitability, but there are concerns on its financial health. GTN.A may be a bit undervalued, certainly considering the very reasonable score on growth GTN.A also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
GTN.A had positive earnings in the past year.
GTN.A had a positive operating cash flow in the past year.
GTN.A had positive earnings in 4 of the past 5 years.
GTN.A had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
GTN.A has a Return On Assets of 2.17%. This is in the better half of the industry: GTN.A outperforms 72.92% of its industry peers.
GTN.A's Return On Equity of 7.78% is fine compared to the rest of the industry. GTN.A outperforms 75.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 6.44%, GTN.A is in the better half of the industry, outperforming 70.83% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for GTN.A is in line with the industry average of 6.56%.
The 3 year average ROIC (5.68%) for GTN.A is below the current ROIC(6.44%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.17% | ||
| ROE | 7.78% | ||
| ROIC | 6.44% |
ROA(3y)1.82%
ROA(5y)2.1%
ROE(3y)6.9%
ROE(5y)7.44%
ROIC(3y)5.68%
ROIC(5y)5.66%
1.3 Margins
GTN.A has a Profit Margin of 6.27%. This is amongst the best in the industry. GTN.A outperforms 80.21% of its industry peers.
GTN.A's Profit Margin has improved in the last couple of years.
GTN.A has a better Operating Margin (23.23%) than 93.75% of its industry peers.
In the last couple of years the Operating Margin of GTN.A has remained more or less at the same level.
With a Gross Margin value of 33.58%, GTN.A perfoms like the industry average, outperforming 46.88% of the companies in the same industry.
GTN.A's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.23% | ||
| PM (TTM) | 6.27% | ||
| GM | 33.58% |
OM growth 3Y10.89%
OM growth 5Y0.17%
PM growth 3Y77.88%
PM growth 5Y8.17%
GM growth 3Y0.85%
GM growth 5Y-1.16%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), GTN.A is destroying value.
The number of shares outstanding for GTN.A has been increased compared to 1 year ago.
The number of shares outstanding for GTN.A has been reduced compared to 5 years ago.
Compared to 1 year ago, GTN.A has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.85, we must say that GTN.A is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.85, GTN.A perfoms like the industry average, outperforming 46.88% of the companies in the same industry.
GTN.A has a debt to FCF ratio of 8.12. This is a slightly negative value and a sign of low solvency as GTN.A would need 8.12 years to pay back of all of its debts.
GTN.A has a better Debt to FCF ratio (8.12) than 65.63% of its industry peers.
GTN.A has a Debt/Equity ratio of 1.92. This is a high value indicating a heavy dependency on external financing.
GTN.A's Debt to Equity ratio of 1.92 is on the low side compared to the rest of the industry. GTN.A is outperformed by 67.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.92 | ||
| Debt/FCF | 8.12 | ||
| Altman-Z | 0.85 |
ROIC/WACC0.99
WACC6.48%
2.3 Liquidity
GTN.A has a Current Ratio of 0.91. This is a bad value and indicates that GTN.A is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.91, GTN.A is not doing good in the industry: 70.83% of the companies in the same industry are doing better.
GTN.A has a Quick Ratio of 0.91. This is a bad value and indicates that GTN.A is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.91, GTN.A is doing worse than 69.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.91 | ||
| Quick Ratio | 0.91 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 2075.00% over the past year.
Measured over the past years, GTN.A shows a very strong growth in Earnings Per Share. The EPS has been growing by 21.70% on average per year.
Looking at the last year, GTN.A shows a quite strong growth in Revenue. The Revenue has grown by 9.08% in the last year.
Measured over the past years, GTN.A shows a quite strong growth in Revenue. The Revenue has been growing by 11.42% on average per year.
EPS 1Y (TTM)2075%
EPS 3Y46.87%
EPS 5Y21.7%
EPS Q2Q%-129.11%
Revenue 1Y (TTM)9.08%
Revenue growth 3Y14.73%
Revenue growth 5Y11.42%
Sales Q2Q%-4.98%
3.2 Future
GTN.A is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -26.16% yearly.
Based on estimates for the next years, GTN.A will show a decrease in Revenue. The Revenue will decrease by -3.67% on average per year.
EPS Next Y-119.43%
EPS Next 2Y-11.78%
EPS Next 3Y-26.16%
EPS Next 5YN/A
Revenue Next Year-12.28%
Revenue Next 2Y0.37%
Revenue Next 3Y-3.67%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 3.53, the valuation of GTN.A can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of GTN.A indicates a rather cheap valuation: GTN.A is cheaper than 95.83% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.17, GTN.A is valued rather cheaply.
The Price/Forward Earnings ratio is 3.17, which indicates a rather cheap valuation of GTN.A.
Based on the Price/Forward Earnings ratio, GTN.A is valued cheaper than 96.88% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.10, GTN.A is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.53 | ||
| Fwd PE | 3.17 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, GTN.A is valued cheaply inside the industry as 85.42% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of GTN.A indicates a rather cheap valuation: GTN.A is cheaper than 95.83% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.23 | ||
| EV/EBITDA | 5.54 |
4.3 Compensation for Growth
GTN.A has a very decent profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as GTN.A's earnings are expected to decrease with -26.16% in the coming years.
PEG (NY)N/A
PEG (5Y)0.16
EPS Next 2Y-11.78%
EPS Next 3Y-26.16%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 8.36%, GTN.A is a good candidate for dividend investing.
GTN.A's Dividend Yield is rather good when compared to the industry average which is at 5.08. GTN.A pays more dividend than 95.83% of the companies in the same industry.
GTN.A's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.36% |
5.2 History
On average, the dividend of GTN.A grows each year by 15.86%, which is quite nice.
GTN.A has paid a dividend for at least 10 years, which is a reliable track record.
GTN.A has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)15.86%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
37.17% of the earnings are spent on dividend by GTN.A. This is a low number and sustainable payout ratio.
DP37.17%
EPS Next 2Y-11.78%
EPS Next 3Y-26.16%
NYSE:GTN.A (5/28/2025, 8:04:00 PM)
8.37
+0.13 (+1.64%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners73.72%
Inst Owner Change4.24%
Ins Owners4.85%
Ins Owner ChangeN/A
Market Cap851.98M
Analysts74
Price Target10.36 (23.78%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.36% |
Yearly Dividend0.86
Dividend Growth(5Y)15.86%
DP37.17%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)42.45%
Min EPS beat(2)29.9%
Max EPS beat(2)55%
EPS beat(4)2
Avg EPS beat(4)17.66%
Min EPS beat(4)-7.38%
Max EPS beat(4)55%
EPS beat(8)4
Avg EPS beat(8)51.61%
EPS beat(12)6
Avg EPS beat(12)25.81%
EPS beat(16)7
Avg EPS beat(16)19.33%
Revenue beat(2)1
Avg Revenue beat(2)-0.09%
Min Revenue beat(2)-0.38%
Max Revenue beat(2)0.2%
Revenue beat(4)1
Avg Revenue beat(4)-1.27%
Min Revenue beat(4)-2.79%
Max Revenue beat(4)0.2%
Revenue beat(8)2
Avg Revenue beat(8)-0.78%
Revenue beat(12)5
Avg Revenue beat(12)-0.73%
Revenue beat(16)8
Avg Revenue beat(16)0%
PT rev (1m)3.12%
PT rev (3m)-11.73%
EPS NQ rev (1m)-122.22%
EPS NQ rev (3m)-176.92%
EPS NY rev (1m)8.43%
EPS NY rev (3m)-3.16%
Revenue NQ rev (1m)-3.05%
Revenue NQ rev (3m)-3.33%
Revenue NY rev (1m)-0.65%
Revenue NY rev (3m)-1.35%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.53 | ||
| Fwd PE | 3.17 | ||
| P/S | 0.24 | ||
| P/FCF | 1.23 | ||
| P/OCF | 1.05 | ||
| P/B | 0.29 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.54 |
EPS(TTM)2.37
EY28.32%
EPS(NY)2.64
Fwd EY31.52%
FCF(TTM)6.79
FCFY81.11%
OCF(TTM)8.01
OCFY95.66%
SpS35.4
BVpS28.53
TBVpS-52.18
PEG (NY)N/A
PEG (5Y)0.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.17% | ||
| ROE | 7.78% | ||
| ROCE | 8.45% | ||
| ROIC | 6.44% | ||
| ROICexc | 6.58% | ||
| ROICexgc | 43.11% | ||
| OM | 23.23% | ||
| PM (TTM) | 6.27% | ||
| GM | 33.58% | ||
| FCFM | 19.18% |
ROA(3y)1.82%
ROA(5y)2.1%
ROE(3y)6.9%
ROE(5y)7.44%
ROIC(3y)5.68%
ROIC(5y)5.66%
ROICexc(3y)5.72%
ROICexc(5y)5.89%
ROICexgc(3y)32.02%
ROICexgc(5y)33.23%
ROCE(3y)7.45%
ROCE(5y)7.43%
ROICexcg growth 3Y30.28%
ROICexcg growth 5Y1.83%
ROICexc growth 3Y29.97%
ROICexc growth 5Y2.69%
OM growth 3Y10.89%
OM growth 5Y0.17%
PM growth 3Y77.88%
PM growth 5Y8.17%
GM growth 3Y0.85%
GM growth 5Y-1.16%
F-Score7
Asset Turnover0.35
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.92 | ||
| Debt/FCF | 8.12 | ||
| Debt/EBITDA | 4.95 | ||
| Cap/Depr | 42.47% | ||
| Cap/Sales | 3.44% | ||
| Interest Coverage | 1.9 | ||
| Cash Conversion | 72.19% | ||
| Profit Quality | 305.75% | ||
| Current Ratio | 0.91 | ||
| Quick Ratio | 0.91 | ||
| Altman-Z | 0.85 |
F-Score7
WACC6.48%
ROIC/WACC0.99
Cap/Depr(3y)84.75%
Cap/Depr(5y)76.04%
Cap/Sales(3y)8.8%
Cap/Sales(5y)7.92%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)2075%
EPS 3Y46.87%
EPS 5Y21.7%
EPS Q2Q%-129.11%
EPS Next Y-119.43%
EPS Next 2Y-11.78%
EPS Next 3Y-26.16%
EPS Next 5YN/A
Revenue 1Y (TTM)9.08%
Revenue growth 3Y14.73%
Revenue growth 5Y11.42%
Sales Q2Q%-4.98%
Revenue Next Year-12.28%
Revenue Next 2Y0.37%
Revenue Next 3Y-3.67%
Revenue Next 5YN/A
EBIT growth 1Y69.43%
EBIT growth 3Y27.22%
EBIT growth 5Y11.61%
EBIT Next Year-19.22%
EBIT Next 3Y-5.26%
EBIT Next 5YN/A
FCF growth 1Y14.98%
FCF growth 3Y86.99%
FCF growth 5Y17.2%
OCF growth 1Y-25.91%
OCF growth 3Y35.78%
OCF growth 5Y14.3%