GRAY MEDIA INC (GTN) Stock Fundamental Analysis
USA - NYSE:GTN - US3893751061 - Common Stock
5.785 USD
+0.03 (+0.43%)
We assign a fundamental rating of 5 out of 10 to GTN. GTN was compared to 100 industry peers in the Media industry. While GTN belongs to the best of the industry regarding profitability, there are concerns on its financial health. GTN may be a bit undervalued, certainly considering the very reasonable score on growth GTN also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year GTN was profitable.
In the past year GTN had a positive cash flow from operations.
Of the past 5 years GTN 4 years were profitable.
In the past 5 years GTN always reported a positive cash flow from operatings.
1.2 Ratios
GTN has a better Return On Assets (1.43%) than 66.00% of its industry peers.
With a decent Return On Equity value of 5.23%, GTN is doing good in the industry, outperforming 69.00% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 6.14%, GTN is in the better half of the industry, outperforming 69.00% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for GTN is below the industry average of 8.87%.
The last Return On Invested Capital (6.14%) for GTN is above the 3 year average (5.68%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.43% | ||
| ROE | 5.23% | ||
| ROIC | 6.14% |
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 has a Profit Margin of 4.17%. This is in the better half of the industry: GTN outperforms 68.00% of its industry peers.
GTN's Profit Margin has improved in the last couple of years.
GTN has a better Operating Margin (22.26%) than 93.00% of its industry peers.
GTN's Operating Margin has been stable in the last couple of years.
GTN has a Gross Margin of 32.46%. This is comparable to the rest of the industry: GTN outperforms 41.00% of its industry peers.
GTN's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.26% | ||
| PM (TTM) | 4.17% | ||
| GM | 32.46% |
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 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 GTN has been increased compared to 1 year ago.
Compared to 5 years ago, GTN has less shares outstanding
Compared to 1 year ago, GTN has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.80, we must say that GTN is in the distress zone and has some risk of bankruptcy.
GTN's Altman-Z score of 0.80 is in line compared to the rest of the industry. GTN outperforms 45.00% of its industry peers.
The Debt to FCF ratio of GTN is 7.90, which is on the high side as it means it would take GTN, 7.90 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 7.90, GTN is in the better half of the industry, outperforming 67.00% of the companies in the same industry.
A Debt/Equity ratio of 1.97 is on the high side and indicates that GTN has dependencies on debt financing.
GTN has a worse Debt to Equity ratio (1.97) than 68.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.97 | ||
| Debt/FCF | 7.9 | ||
| Altman-Z | 0.8 |
ROIC/WACC1.01
WACC6.07%
2.3 Liquidity
GTN has a Current Ratio of 0.87. This is a bad value and indicates that GTN is not financially healthy enough and could expect problems in meeting its short term obligations.
GTN's Current ratio of 0.87 is on the low side compared to the rest of the industry. GTN is outperformed by 68.00% of its industry peers.
A Quick Ratio of 0.87 indicates that GTN may have some problems paying its short term obligations.
GTN has a worse Quick ratio (0.87) than 66.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.87 | ||
| Quick Ratio | 0.87 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 2557.14% over the past year.
GTN shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 21.70% yearly.
GTN shows a small growth in Revenue. In the last year, the Revenue has grown by 7.03%.
Measured over the past years, GTN shows a quite strong growth in Revenue. The Revenue has been growing by 11.42% on average per year.
EPS 1Y (TTM)2557.14%
EPS 3Y46.87%
EPS 5Y21.7%
EPS Q2Q%-566.67%
Revenue 1Y (TTM)7.03%
Revenue growth 3Y14.73%
Revenue growth 5Y11.42%
Sales Q2Q%-6.54%
3.2 Future
The Earnings Per Share is expected to decrease by -28.61% on average over the next years. This is quite bad
Based on estimates for the next years, GTN will show a decrease in Revenue. The Revenue will decrease by -4.73% on average per year.
EPS Next Y-133.91%
EPS Next 2Y-14.88%
EPS Next 3Y-28.61%
EPS Next 5YN/A
Revenue Next Year-14.7%
Revenue Next 2Y-1.74%
Revenue Next 3Y-4.73%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 3.11, which indicates a rather cheap valuation of GTN.
Based on the Price/Earnings ratio, GTN is valued cheaply inside the industry as 96.00% of the companies are valued more expensively.
GTN is valuated cheaply when we compare the Price/Earnings ratio to 27.06, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 2.36, which indicates a rather cheap valuation of GTN.
Based on the Price/Forward Earnings ratio, GTN is valued cheaply inside the industry as 99.00% of the companies are valued more expensively.
GTN's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.64.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.11 | ||
| Fwd PE | 2.36 |
4.2 Price Multiples
GTN's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. GTN is cheaper than 86.00% of the companies in the same industry.
GTN's Price/Free Cash Flow ratio is rather cheap when compared to the industry. GTN is cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 0.83 | ||
| EV/EBITDA | 5.57 |
4.3 Compensation for Growth
The decent profitability rating of GTN may justify a higher PE ratio.
GTN's earnings are expected to decrease with -28.61% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.14
EPS Next 2Y-14.88%
EPS Next 3Y-28.61%
5. Dividend
5.1 Amount
GTN has a Yearly Dividend Yield of 5.81%, which is a nice return.
GTN's Dividend Yield is rather good when compared to the industry average which is at 4.54. GTN pays more dividend than 92.00% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, GTN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.81% |
5.2 History
The dividend of GTN is nicely growing with an annual growth rate of 15.86%!
GTN has paid a dividend for at least 10 years, which is a reliable track record.
GTN 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
GTN pays out 56.76% of its income as dividend. This is a bit on the high side, but may be sustainable.
The Dividend Rate of GTN has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP56.76%
EPS Next 2Y-14.88%
EPS Next 3Y-28.61%
NYSE:GTN (9/26/2025, 12:21:08 PM)
5.785
+0.03 (+0.43%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners75.17%
Inst Owner Change6.38%
Ins Owners5.82%
Ins Owner Change3.17%
Market Cap590.59M
Analysts78
Price Target6.2 (7.17%)
Short Float %5.97%
Short Ratio3.28
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.81% |
Yearly Dividend0.86
Dividend Growth(5Y)15.86%
DP56.76%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)18.43%
Min EPS beat(2)-18.14%
Max EPS beat(2)55%
EPS beat(4)2
Avg EPS beat(4)14.85%
Min EPS beat(4)-18.14%
Max EPS beat(4)55%
EPS beat(8)3
Avg EPS beat(8)43.89%
EPS beat(12)5
Avg EPS beat(12)24.02%
EPS beat(16)7
Avg EPS beat(16)18.9%
Revenue beat(2)1
Avg Revenue beat(2)-0.03%
Min Revenue beat(2)-0.26%
Max Revenue beat(2)0.2%
Revenue beat(4)1
Avg Revenue beat(4)-0.81%
Min Revenue beat(4)-2.79%
Max Revenue beat(4)0.2%
Revenue beat(8)1
Avg Revenue beat(8)-0.95%
Revenue beat(12)4
Avg Revenue beat(12)-0.79%
Revenue beat(16)8
Avg Revenue beat(16)-0.01%
PT rev (1m)19.28%
PT rev (3m)19.28%
EPS NQ rev (1m)-29.63%
EPS NQ rev (3m)-103.88%
EPS NY rev (1m)0%
EPS NY rev (3m)-53.37%
Revenue NQ rev (1m)-1.57%
Revenue NQ rev (3m)-5.42%
Revenue NY rev (1m)-0.73%
Revenue NY rev (3m)-2.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.11 | ||
| Fwd PE | 2.36 | ||
| P/S | 0.17 | ||
| P/FCF | 0.83 | ||
| P/OCF | 0.71 | ||
| P/B | 0.21 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.57 |
EPS(TTM)1.86
EY32.15%
EPS(NY)2.46
Fwd EY42.46%
FCF(TTM)6.94
FCFY119.88%
OCF(TTM)8.11
OCFY140.2%
SpS34.76
BVpS27.73
TBVpS-52.15
PEG (NY)N/A
PEG (5Y)0.14
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.43% | ||
| ROE | 5.23% | ||
| ROCE | 8.06% | ||
| ROIC | 6.14% | ||
| ROICexc | 6.27% | ||
| ROICexgc | 41.56% | ||
| OM | 22.26% | ||
| PM (TTM) | 4.17% | ||
| GM | 32.46% | ||
| FCFM | 19.95% |
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 Turnover0.34
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.97 | ||
| Debt/FCF | 7.9 | ||
| Debt/EBITDA | 5.2 | ||
| Cap/Depr | 42.25% | ||
| Cap/Sales | 3.38% | ||
| Interest Coverage | 1.91 | ||
| Cash Conversion | 77.1% | ||
| Profit Quality | 478.38% | ||
| Current Ratio | 0.87 | ||
| Quick Ratio | 0.87 | ||
| Altman-Z | 0.8 |
F-Score7
WACC6.07%
ROIC/WACC1.01
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)2557.14%
EPS 3Y46.87%
EPS 5Y21.7%
EPS Q2Q%-566.67%
EPS Next Y-133.91%
EPS Next 2Y-14.88%
EPS Next 3Y-28.61%
EPS Next 5YN/A
Revenue 1Y (TTM)7.03%
Revenue growth 3Y14.73%
Revenue growth 5Y11.42%
Sales Q2Q%-6.54%
Revenue Next Year-14.7%
Revenue Next 2Y-1.74%
Revenue Next 3Y-4.73%
Revenue Next 5YN/A
EBIT growth 1Y54.9%
EBIT growth 3Y27.22%
EBIT growth 5Y11.61%
EBIT Next Year-19.71%
EBIT Next 3Y-4.03%
EBIT Next 5YN/A
FCF growth 1Y51.28%
FCF growth 3Y86.99%
FCF growth 5Y17.2%
OCF growth 1Y-13.57%
OCF growth 3Y35.78%
OCF growth 5Y14.3%