GRAY MEDIA INC-A (GTN.A) Stock Fundamental Analysis
NYSE:GTN.A - New York Stock Exchange, Inc. - US3893752051 - Common Stock - Currency: USD
We assign a fundamental rating of 5 out of 10 to GTN.A. GTN.A was compared to 97 industry peers in the Media industry. GTN.A has an excellent profitability rating, but there are concerns on its financial health. GTN.A is not valued too expensively and it also shows a decent growth rate. GTN.A also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
GTN.A had positive earnings in the past year.
In the past year GTN.A had a positive cash flow from operations.
GTN.A had positive earnings in 4 of the past 5 years.
In the past 5 years GTN.A always reported a positive cash flow from operatings.
1.2 Ratios
GTN.A has a better Return On Assets (3.06%) than 77.32% of its industry peers.
GTN.A's Return On Equity of 11.01% is fine compared to the rest of the industry. GTN.A outperforms 79.38% of its industry peers.
Looking at the Return On Invested Capital, with a value of 6.63%, GTN.A is in the better half of the industry, outperforming 70.10% 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 6.66%.
The 3 year average ROIC (5.68%) for GTN.A is below the current ROIC(6.63%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.06% | ||
| ROE | 11.01% | ||
| ROIC | 6.63% |
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 8.86%. This is amongst the best in the industry. GTN.A outperforms 82.47% of its industry peers.
GTN.A's Profit Margin has improved in the last couple of years.
GTN.A has a Operating Margin of 23.90%. This is amongst the best in the industry. GTN.A outperforms 94.85% of its industry peers.
GTN.A's Operating Margin has been stable in the last couple of years.
GTN.A's Gross Margin of 34.14% is in line compared to the rest of the industry. GTN.A outperforms 43.30% of its industry peers.
In the last couple of years the Gross Margin of GTN.A has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.9% | ||
| PM (TTM) | 8.86% | ||
| GM | 34.14% |
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
GTN.A has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
GTN.A has more shares outstanding than it did 1 year ago.
The number of shares outstanding for GTN.A has been reduced compared to 5 years ago.
The debt/assets ratio for GTN.A has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.86, we must say that GTN.A is in the distress zone and has some risk of bankruptcy.
GTN.A has a Altman-Z score (0.86) which is comparable to the rest of the industry.
The Debt to FCF ratio of GTN.A is 9.25, which is on the high side as it means it would take GTN.A, 9.25 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 9.25, GTN.A is in the better half of the industry, outperforming 61.86% of the companies in the same industry.
A Debt/Equity ratio of 1.91 is on the high side and indicates that GTN.A has dependencies on debt financing.
GTN.A has a worse Debt to Equity ratio (1.91) than 67.01% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.91 | ||
| Debt/FCF | 9.25 | ||
| Altman-Z | 0.86 |
ROIC/WACC1.06
WACC6.23%
2.3 Liquidity
A Current Ratio of 1.03 indicates that GTN.A should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.03, GTN.A is doing worse than 65.98% of the companies in the same industry.
A Quick Ratio of 1.03 indicates that GTN.A should not have too much problems paying its short term obligations.
GTN.A has a Quick ratio of 1.03. This is in the lower half of the industry: GTN.A underperforms 64.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.03 | ||
| Quick Ratio | 1.03 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 343.88% over the past year.
GTN.A shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 21.70% yearly.
Looking at the last year, GTN.A shows a quite strong growth in Revenue. The Revenue has grown by 11.06% in the last year.
GTN.A shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.42% yearly.
EPS 1Y (TTM)343.88%
EPS 3Y46.87%
EPS 5Y21.7%
EPS Q2Q%783.33%
Revenue 1Y (TTM)11.06%
Revenue growth 3Y14.73%
Revenue growth 5Y11.42%
Sales Q2Q%20.95%
3.2 Future
The Earnings Per Share is expected to decrease by -26.43% on average over the next years. This is quite bad
Based on estimates for the next years, GTN.A will show a decrease in Revenue. The Revenue will decrease by -3.42% on average per year.
EPS Next Y-121.21%
EPS Next 2Y-8.57%
EPS Next 3Y-26.43%
EPS Next 5YN/A
Revenue Next Year-11.7%
Revenue Next 2Y0.71%
Revenue Next 3Y-3.42%
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 decreasing.
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
GTN.A is valuated cheaply with a Price/Earnings ratio of 1.99.
Based on the Price/Earnings ratio, GTN.A is valued cheaply inside the industry as 96.91% of the companies are valued more expensively.
GTN.A's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.29.
GTN.A is expected to report negative earnings next year, which makes the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.99 | ||
| Fwd PE | N/A |
4.2 Price Multiples
GTN.A's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. GTN.A is cheaper than 83.51% of the companies in the same industry.
GTN.A's Price/Free Cash Flow ratio is rather cheap when compared to the industry. GTN.A is cheaper than 95.88% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.13 | ||
| EV/EBITDA | 5.29 |
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 -26.43% in the coming years.
PEG (NY)N/A
PEG (5Y)0.09
EPS Next 2Y-8.57%
EPS Next 3Y-26.43%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 9.58%, GTN.A is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.15, GTN.A pays a better dividend. On top of this GTN.A pays more dividend than 96.91% of the companies listed in the same industry.
GTN.A's Dividend Yield is rather good when compared to the S&P500 average which is at 2.43.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.58% |
5.2 History
The dividend of GTN.A is nicely growing with an annual growth rate of 15.86%!
GTN.A has been paying a dividend for at least 10 years, so it has 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
26.01% of the earnings are spent on dividend by GTN.A. This is a low number and sustainable payout ratio.
DP26.01%
EPS Next 2Y-8.57%
EPS Next 3Y-26.43%
NYSE:GTN.A (5/6/2025, 8:13:38 PM)
6.75
-0.68 (-9.15%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners73.72%
Inst Owner Change0%
Ins Owners4.85%
Ins Owner ChangeN/A
Market Cap687.62M
Analysts74
Price Target11.81 (74.96%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.58% |
Yearly Dividend0.86
Dividend Growth(5Y)15.86%
DP26.01%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)11.26%
Min EPS beat(2)-7.38%
Max EPS beat(2)29.9%
EPS beat(4)2
Avg EPS beat(4)109.27%
Min EPS beat(4)-7.38%
Max EPS beat(4)421.45%
EPS beat(8)3
Avg EPS beat(8)34.28%
EPS beat(12)6
Avg EPS beat(12)24.36%
EPS beat(16)7
Avg EPS beat(16)18.92%
Revenue beat(2)0
Avg Revenue beat(2)-1.58%
Min Revenue beat(2)-2.79%
Max Revenue beat(2)-0.38%
Revenue beat(4)0
Avg Revenue beat(4)-1.63%
Min Revenue beat(4)-2.79%
Max Revenue beat(4)-0.38%
Revenue beat(8)2
Avg Revenue beat(8)-0.74%
Revenue beat(12)5
Avg Revenue beat(12)-0.61%
Revenue beat(16)8
Avg Revenue beat(16)0.09%
PT rev (1m)43.25%
PT rev (3m)0.62%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-97.66%
EPS NY rev (1m)0%
EPS NY rev (3m)-20.68%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.15%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.7%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.99 | ||
| Fwd PE | N/A | ||
| P/S | 0.19 | ||
| P/FCF | 1.13 | ||
| P/OCF | 0.92 | ||
| P/B | 0.23 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.29 |
EPS(TTM)3.39
EY50.22%
EPS(NY)-0.72
Fwd EYN/A
FCF(TTM)5.97
FCFY88.42%
OCF(TTM)7.37
OCFY109.22%
SpS35.77
BVpS28.79
TBVpS-52.13
PEG (NY)N/A
PEG (5Y)0.09
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.06% | ||
| ROE | 11.01% | ||
| ROCE | 8.7% | ||
| ROIC | 6.63% | ||
| ROICexc | 6.72% | ||
| ROICexgc | 40.55% | ||
| OM | 23.9% | ||
| PM (TTM) | 8.86% | ||
| GM | 34.14% | ||
| FCFM | 16.68% |
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 | 1.91 | ||
| Debt/FCF | 9.25 | ||
| Debt/EBITDA | 4.8 | ||
| Cap/Depr | 48.15% | ||
| Cap/Sales | 3.92% | ||
| Interest Coverage | 2.21 | ||
| Cash Conversion | 64.3% | ||
| Profit Quality | 188.24% | ||
| Current Ratio | 1.03 | ||
| Quick Ratio | 1.03 | ||
| Altman-Z | 0.86 |
F-Score7
WACC6.23%
ROIC/WACC1.06
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)343.88%
EPS 3Y46.87%
EPS 5Y21.7%
EPS Q2Q%783.33%
EPS Next Y-121.21%
EPS Next 2Y-8.57%
EPS Next 3Y-26.43%
EPS Next 5YN/A
Revenue 1Y (TTM)11.06%
Revenue growth 3Y14.73%
Revenue growth 5Y11.42%
Sales Q2Q%20.95%
Revenue Next Year-11.7%
Revenue Next 2Y0.71%
Revenue Next 3Y-3.42%
Revenue Next 5YN/A
EBIT growth 1Y94.85%
EBIT growth 3Y27.22%
EBIT growth 5Y11.61%
EBIT Next Year-15.86%
EBIT Next 3Y-4.55%
EBIT Next 5YN/A
FCF growth 1Y102.67%
FCF growth 3Y86.99%
FCF growth 5Y17.2%
OCF growth 1Y15.9%
OCF growth 3Y35.78%
OCF growth 5Y14.3%