STINGRAY GROUP INC (RAY-A.CA) Stock Fundamental Analysis
TSX:RAY-A - Toronto Stock Exchange - CA86084H1001 - Common Stock - Currency: CAD
We assign a fundamental rating of 5 out of 10 to RAY-A. RAY-A was compared to 11 industry peers in the Media industry. RAY-A has only an average score on both its financial health and profitability. RAY-A has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
RAY-A had positive earnings in the past year.
RAY-A had a positive operating cash flow in the past year.
Of the past 5 years RAY-A 4 years were profitable.
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 -2.10%, RAY-A is in the better half of the industry, outperforming 63.64% of the companies in the same industry.
Looking at the Return On Equity, with a value of -6.59%, RAY-A is in the better half of the industry, outperforming 72.73% of the companies in the same industry.
RAY-A has a better Return On Invested Capital (9.45%) than 72.73% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for RAY-A is significantly below the industry average of 32.97%.
The last Return On Invested Capital (9.45%) for RAY-A is above the 3 year average (7.52%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.1% | ||
| ROE | -6.59% | ||
| ROIC | 9.45% |
ROA(3y)1.81%
ROA(5y)2.5%
ROE(3y)5.72%
ROE(5y)7.74%
ROIC(3y)7.52%
ROIC(5y)7.34%
1.3 Margins
RAY-A has a better Operating Margin (25.59%) than 90.91% of its industry peers.
In the last couple of years the Operating Margin of RAY-A has grown nicely.
The Profit Margin and Gross Margin are not available for RAY-A so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.59% | ||
| PM (TTM) | N/A | ||
| GM | N/A |
OM growth 3Y-2.93%
OM growth 5Y33.25%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
RAY-A has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
RAY-A has less shares outstanding than it did 1 year ago.
The number of shares outstanding for RAY-A has been reduced compared to 5 years ago.
Compared to 1 year ago, RAY-A has a worse debt to assets ratio.
2.2 Solvency
RAY-A has an Altman-Z score of 1.36. This is a bad value and indicates that RAY-A is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of RAY-A (1.36) is better than 90.91% of its industry peers.
RAY-A has a debt to FCF ratio of 4.09. This is a neutral value as RAY-A would need 4.09 years to pay back of all of its debts.
RAY-A has a Debt to FCF ratio of 4.09. This is in the better half of the industry: RAY-A outperforms 72.73% of its industry peers.
A Debt/Equity ratio of 1.45 is on the high side and indicates that RAY-A has dependencies on debt financing.
RAY-A has a Debt to Equity ratio (1.45) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.45 | ||
| Debt/FCF | 4.09 | ||
| Altman-Z | 1.36 |
ROIC/WACC0.91
WACC10.43%
2.3 Liquidity
A Current Ratio of 1.26 indicates that RAY-A should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.26, RAY-A is in the better half of the industry, outperforming 72.73% of the companies in the same industry.
A Quick Ratio of 1.23 indicates that RAY-A should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.23, RAY-A is doing good in the industry, outperforming 72.73% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.26 | ||
| Quick Ratio | 1.23 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 16.28% over the past year.
RAY-A shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.45% yearly.
RAY-A shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.94%.
The Revenue has been growing by 10.19% on average over the past years. This is quite good.
EPS 1Y (TTM)16.28%
EPS 3Y0.78%
EPS 5Y8.45%
EPS Q2Q%25.93%
Revenue 1Y (TTM)9.94%
Revenue growth 3Y11.46%
Revenue growth 5Y10.19%
Sales Q2Q%7.93%
3.2 Future
The Earnings Per Share is expected to grow by 12.10% on average over the next years. This is quite good.
RAY-A is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.33% yearly.
EPS Next Y22.14%
EPS Next 2Y18.94%
EPS Next 3Y12.1%
EPS Next 5YN/A
Revenue Next Year9.92%
Revenue Next 2Y7.64%
Revenue Next 3Y5.33%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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
With a Price/Earnings ratio of 9.77, the valuation of RAY-A can be described as very reasonable.
Based on the Price/Earnings ratio, RAY-A is valued a bit cheaper than 72.73% of the companies in the same industry.
RAY-A is valuated cheaply when we compare the Price/Earnings ratio to 26.31, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 7.94 indicates a rather cheap valuation of RAY-A.
RAY-A's Price/Forward Earnings ratio is rather cheap when compared to the industry. RAY-A is cheaper than 90.91% of the companies in the same industry.
RAY-A is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.13, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.77 | ||
| Fwd PE | 7.94 |
4.2 Price Multiples
RAY-A's Enterprise Value to EBITDA ratio is in line with the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as RAY-A.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.65 | ||
| EV/EBITDA | 7.27 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
RAY-A's earnings are expected to grow with 12.10% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.44
PEG (5Y)1.16
EPS Next 2Y18.94%
EPS Next 3Y12.1%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.64%, RAY-A has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.64, RAY-A pays a better dividend. On top of this RAY-A pays more dividend than 100.00% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.39, RAY-A pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.64% |
5.2 History
The dividend of RAY-A has a limited annual growth rate of 4.44%.
RAY-A has been paying a dividend for at least 10 years, so it has a reliable track record.
As RAY-A did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)4.44%
Div Incr Years0
Div Non Decr Years9
5.3 Sustainability
RAY-A has negative earnings and hence a negative payout ratio. The dividend may be in danger.
RAY-A's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-117.1%
EPS Next 2Y18.94%
EPS Next 3Y12.1%
TSX:RAY-A (6/13/2025, 7:00:00 PM)
9.77
+0.01 (+0.1%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners23.93%
Inst Owner ChangeN/A
Ins Owners6.54%
Ins Owner ChangeN/A
Market Cap538.03M
Analysts82.86
Price Target11.9 (21.8%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.64% |
Yearly Dividend0.3
Dividend Growth(5Y)4.44%
DP-117.1%
Div Incr Years0
Div Non Decr Years9
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.97%
Min EPS beat(2)-1.17%
Max EPS beat(2)5.12%
EPS beat(4)2
Avg EPS beat(4)1.41%
Min EPS beat(4)-8.41%
Max EPS beat(4)10.1%
EPS beat(8)2
Avg EPS beat(8)-3.73%
EPS beat(12)2
Avg EPS beat(12)-6.89%
EPS beat(16)4
Avg EPS beat(16)-6.39%
Revenue beat(2)1
Avg Revenue beat(2)0.26%
Min Revenue beat(2)-1.9%
Max Revenue beat(2)2.42%
Revenue beat(4)2
Avg Revenue beat(4)-0.37%
Min Revenue beat(4)-4.11%
Max Revenue beat(4)2.42%
Revenue beat(8)3
Avg Revenue beat(8)-0.95%
Revenue beat(12)4
Avg Revenue beat(12)-1.49%
Revenue beat(16)4
Avg Revenue beat(16)-2.55%
PT rev (1m)1.45%
PT rev (3m)1.45%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0.38%
Revenue NQ rev (3m)0.8%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.77 | ||
| Fwd PE | 7.94 | ||
| P/S | 1.44 | ||
| P/FCF | 5.65 | ||
| P/OCF | 4.91 | ||
| P/B | 2.02 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.27 |
EPS(TTM)1
EY10.24%
EPS(NY)1.23
Fwd EY12.6%
FCF(TTM)1.73
FCFY17.71%
OCF(TTM)1.99
OCFY20.37%
SpS6.8
BVpS4.83
TBVpS-6.74
PEG (NY)0.44
PEG (5Y)1.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.1% | ||
| ROE | -6.59% | ||
| ROCE | 13.12% | ||
| ROIC | 9.45% | ||
| ROICexc | 9.7% | ||
| ROICexgc | 93.12% | ||
| OM | 25.59% | ||
| PM (TTM) | N/A | ||
| GM | N/A | ||
| FCFM | 25.44% |
ROA(3y)1.81%
ROA(5y)2.5%
ROE(3y)5.72%
ROE(5y)7.74%
ROIC(3y)7.52%
ROIC(5y)7.34%
ROICexc(3y)7.65%
ROICexc(5y)7.44%
ROICexgc(3y)116.71%
ROICexgc(5y)105.86%
ROCE(3y)10.45%
ROCE(5y)10.2%
ROICexcg growth 3Y0.03%
ROICexcg growth 5Y51.44%
ROICexc growth 3Y8.53%
ROICexc growth 5Y48.52%
OM growth 3Y-2.93%
OM growth 5Y33.25%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.45
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.45 | ||
| Debt/FCF | 4.09 | ||
| Debt/EBITDA | 3.09 | ||
| Cap/Depr | 49.08% | ||
| Cap/Sales | 3.82% | ||
| Interest Coverage | 3.81 | ||
| Cash Conversion | 87.67% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.26 | ||
| Quick Ratio | 1.23 | ||
| Altman-Z | 1.36 |
F-Score5
WACC10.43%
ROIC/WACC0.91
Cap/Depr(3y)47.15%
Cap/Depr(5y)42.36%
Cap/Sales(3y)4.96%
Cap/Sales(5y)4.99%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)16.28%
EPS 3Y0.78%
EPS 5Y8.45%
EPS Q2Q%25.93%
EPS Next Y22.14%
EPS Next 2Y18.94%
EPS Next 3Y12.1%
EPS Next 5YN/A
Revenue 1Y (TTM)9.94%
Revenue growth 3Y11.46%
Revenue growth 5Y10.19%
Sales Q2Q%7.93%
Revenue Next Year9.92%
Revenue Next 2Y7.64%
Revenue Next 3Y5.33%
Revenue Next 5YN/A
EBIT growth 1Y6.89%
EBIT growth 3Y8.19%
EBIT growth 5Y46.83%
EBIT Next Year48.01%
EBIT Next 3Y17%
EBIT Next 5YN/A
FCF growth 1Y41.62%
FCF growth 3Y4.78%
FCF growth 5Y49.07%
OCF growth 1Y34.42%
OCF growth 3Y4.37%
OCF growth 5Y27.81%