STINGRAY GROUP INC (RAY-A.CA) Stock Fundamental Analysis
TSX:RAY-A - Toronto Stock Exchange - CA86084H1001 - Common Stock - Currency: CAD
Taking everything into account, RAY-A scores 6 out of 10 in our fundamental rating. RAY-A was compared to 12 industry peers in the Media industry. RAY-A scores excellent on profitability, but there are some minor concerns on its financial health. RAY-A may be a bit undervalued, certainly considering the very reasonable score on growth RAY-A also has an excellent dividend rating. These ratings could make RAY-A a good candidate for value and dividend investing.
1. Profitability
1.1 Basic Checks
In the past year RAY-A was profitable.
RAY-A had a positive operating cash flow in the past year.
RAY-A had positive earnings in 4 of the past 5 years.
Each year in the past 5 years RAY-A had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 4.46%, RAY-A belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
RAY-A has a Return On Equity of 13.66%. This is amongst the best in the industry. RAY-A outperforms 83.33% of its industry peers.
RAY-A has a better Return On Invested Capital (10.20%) than 91.67% of its industry peers.
RAY-A had an Average Return On Invested Capital over the past 3 years of 8.88%. This is below the industry average of 11.46%.
The 3 year average ROIC (8.88%) for RAY-A is below the current ROIC(10.20%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.46% | ||
| ROE | 13.66% | ||
| ROIC | 10.2% |
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-A's Profit Margin of 9.42% is amongst the best of the industry. RAY-A outperforms 91.67% of its industry peers.
In the last couple of years the Profit Margin of RAY-A has grown nicely.
RAY-A's Operating Margin of 25.75% is amongst the best of the industry. RAY-A outperforms 100.00% of its industry peers.
RAY-A's Operating Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.75% | ||
| PM (TTM) | 9.42% | ||
| 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so RAY-A is still creating some value.
Compared to 1 year ago, RAY-A has less shares outstanding
The number of shares outstanding for RAY-A has been reduced compared to 5 years ago.
Compared to 1 year ago, RAY-A has an improved debt to assets ratio.
2.2 Solvency
RAY-A has an Altman-Z score of 1.39. This is a bad value and indicates that RAY-A is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.39, RAY-A belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
RAY-A has a debt to FCF ratio of 4.00. This is a neutral value as RAY-A would need 4.00 years to pay back of all of its debts.
RAY-A has a Debt to FCF ratio of 4.00. This is in the better half of the industry: RAY-A outperforms 75.00% of its industry peers.
RAY-A has a Debt/Equity ratio of 1.34. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.34, RAY-A is in line with its industry, outperforming 58.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.34 | ||
| Debt/FCF | 4 | ||
| Altman-Z | 1.39 |
ROIC/WACC1.31
WACC7.76%
2.3 Liquidity
A Current Ratio of 1.00 indicates that RAY-A should not have too much problems paying its short term obligations.
With a decent Current ratio value of 1.00, RAY-A is doing good in the industry, outperforming 75.00% of the companies in the same industry.
RAY-A has a Quick Ratio of 1.00. This is a bad value and indicates that RAY-A is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of RAY-A (0.98) is better than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1 | ||
| Quick Ratio | 0.98 |
3. Growth
3.1 Past
RAY-A shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 20.69%, which is quite impressive.
RAY-A shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.84% yearly.
Looking at the last year, RAY-A shows a quite strong growth in Revenue. The Revenue has grown by 12.00% in the last year.
Measured over the past years, RAY-A shows a small growth in Revenue. The Revenue has been growing by 4.75% on average per year.
EPS 1Y (TTM)20.69%
EPS 3Y9.49%
EPS 5Y7.84%
EPS Q2Q%22.73%
Revenue 1Y (TTM)12%
Revenue growth 3Y11.03%
Revenue growth 5Y4.75%
Sales Q2Q%14.75%
3.2 Future
The Earnings Per Share is expected to grow by 8.04% on average over the next years. This is quite good.
Based on estimates for the next years, RAY-A will show a small growth in Revenue. The Revenue will grow by 6.65% on average per year.
EPS Next Y17.22%
EPS Next 2Y8.04%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year8.92%
Revenue Next 2Y6.65%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
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
The Price/Earnings ratio is 9.38, which indicates a very decent valuation of RAY-A.
Based on the Price/Earnings ratio, RAY-A is valued cheaply inside the industry as 83.33% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 26.41. RAY-A is valued rather cheaply when compared to this.
RAY-A is valuated reasonably with a Price/Forward Earnings ratio of 8.00.
91.67% of the companies in the same industry are more expensive than RAY-A, based on the Price/Forward Earnings ratio.
RAY-A is valuated cheaply when we compare the Price/Forward Earnings ratio to 33.87, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.38 | ||
| Fwd PE | 8 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, RAY-A is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of RAY-A indicates a somewhat cheap valuation: RAY-A is cheaper than 75.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.01 | ||
| EV/EBITDA | 6.8 |
4.3 Compensation for Growth
RAY-A's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
RAY-A has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.54
PEG (5Y)1.2
EPS Next 2Y8.04%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.96%, RAY-A has a reasonable but not impressive dividend return.
RAY-A's Dividend Yield is rather good when compared to the industry average which is at 2.96. RAY-A pays more dividend than 91.67% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.39, RAY-A pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.96% |
5.2 History
The dividend of RAY-A has a limited annual growth rate of 1.15%.
RAY-A has been paying a dividend for at least 10 years, so it has a reliable track record.
RAY-A 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-A pays out 56.22% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of RAY-A is growing, but earnings are growing more, so the dividend growth is sustainable.
DP56.22%
EPS Next 2Y8.04%
EPS Next 3YN/A
TSX:RAY-A (8/11/2025, 7:00:00 PM)
9.85
-0.2 (-1.99%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners26.15%
Inst Owner ChangeN/A
Ins Owners6.62%
Ins Owner ChangeN/A
Market Cap540.57M
Analysts82.86
Price Target13.39 (35.94%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.96% |
Yearly Dividend0.3
Dividend Growth(5Y)1.15%
DP56.22%
Div Incr Years0
Div Non Decr Years9
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)3.58%
Min EPS beat(2)-1.17%
Max EPS beat(2)8.32%
EPS beat(4)2
Avg EPS beat(4)0.96%
Min EPS beat(4)-8.41%
Max EPS beat(4)8.32%
EPS beat(8)3
Avg EPS beat(8)-1.78%
EPS beat(12)3
Avg EPS beat(12)-5.26%
EPS beat(16)5
Avg EPS beat(16)-5.19%
Revenue beat(2)1
Avg Revenue beat(2)0.56%
Min Revenue beat(2)-1.9%
Max Revenue beat(2)3.01%
Revenue beat(4)3
Avg Revenue beat(4)1.41%
Min Revenue beat(4)-1.9%
Max Revenue beat(4)3.01%
Revenue beat(8)4
Avg Revenue beat(8)-0.39%
Revenue beat(12)5
Avg Revenue beat(12)-1%
Revenue beat(16)5
Avg Revenue beat(16)-1.95%
PT rev (1m)1.29%
PT rev (3m)14.13%
EPS NQ rev (1m)0%
EPS NQ rev (3m)25%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)-0.45%
Revenue NQ rev (3m)0.1%
Revenue NY rev (1m)3.41%
Revenue NY rev (3m)3.41%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.38 | ||
| Fwd PE | 8 | ||
| P/S | 1.4 | ||
| P/FCF | 6.01 | ||
| P/OCF | 5.15 | ||
| P/B | 2.03 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.8 |
EPS(TTM)1.05
EY10.66%
EPS(NY)1.23
Fwd EY12.5%
FCF(TTM)1.64
FCFY16.65%
OCF(TTM)1.91
OCFY19.43%
SpS7.05
BVpS4.86
TBVpS-6.74
PEG (NY)0.54
PEG (5Y)1.2
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.46% | ||
| ROE | 13.66% | ||
| ROCE | 14.16% | ||
| ROIC | 10.2% | ||
| ROICexc | 10.4% | ||
| ROICexgc | 135.48% | ||
| OM | 25.75% | ||
| PM (TTM) | 9.42% | ||
| GM | N/A | ||
| FCFM | 23.26% |
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%
ROICexcg growth 3Y13.47%
ROICexcg 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-Score9
Asset Turnover0.47
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.34 | ||
| Debt/FCF | 4 | ||
| Debt/EBITDA | 2.73 | ||
| Cap/Depr | 48.97% | ||
| Cap/Sales | 3.89% | ||
| Interest Coverage | 4.19 | ||
| Cash Conversion | 80.56% | ||
| Profit Quality | 246.93% | ||
| Current Ratio | 1 | ||
| Quick Ratio | 0.98 | ||
| Altman-Z | 1.39 |
F-Score9
WACC7.76%
ROIC/WACC1.31
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)20.69%
EPS 3Y9.49%
EPS 5Y7.84%
EPS Q2Q%22.73%
EPS Next Y17.22%
EPS Next 2Y8.04%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)12%
Revenue growth 3Y11.03%
Revenue growth 5Y4.75%
Sales Q2Q%14.75%
Revenue Next Year8.92%
Revenue Next 2Y6.65%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y14.06%
EBIT growth 3Y15.17%
EBIT growth 5Y5.85%
EBIT Next Year49.76%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-13.88%
FCF growth 3Y10.54%
FCF growth 5Y4.05%
OCF growth 1Y-11.38%
OCF growth 3Y7.88%
OCF growth 5Y3.57%