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 6 out of 10 to RAY-A. RAY-A was compared to 12 industry peers in the Media industry. While RAY-A has a great profitability rating, there are some minor concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on RAY-A. 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.
In the past year RAY-A had a positive cash flow from operations.
RAY-A had positive earnings in 4 of the past 5 years.
RAY-A had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of RAY-A (4.46%) is better than 83.33% of its industry peers.
Looking at the Return On Equity, with a value of 13.66%, RAY-A belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
The Return On Invested Capital of RAY-A (10.20%) is better than 100.00% of its industry peers.
RAY-A had an Average Return On Invested Capital over the past 3 years of 8.88%. This is in line with the industry average of 7.10%.
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
Looking at the Profit Margin, with a value of 9.42%, RAY-A belongs to the top of the industry, outperforming 91.67% of the companies in the same industry.
In the last couple of years the Profit Margin of RAY-A has grown nicely.
RAY-A has a better Operating Margin (25.75%) than 100.00% of its industry peers.
In the last couple of years the Operating Margin of RAY-A has remained more or less at the same level.
| 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.
The number of shares outstanding for RAY-A has been reduced compared to 1 year ago.
Compared to 5 years ago, RAY-A has less shares outstanding
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 1.40. This is a bad value and indicates that RAY-A is not financially healthy and even has some risk of bankruptcy.
RAY-A has a better Altman-Z score (1.40) than 83.33% of its industry peers.
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.
With a decent Debt to FCF ratio value of 4.00, RAY-A is doing good in the industry, outperforming 66.67% of the companies in the same industry.
A Debt/Equity ratio of 1.34 is on the high side and indicates that RAY-A has dependencies on debt financing.
With a Debt to Equity ratio value of 1.34, RAY-A perfoms like the industry average, outperforming 58.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.34 | ||
| Debt/FCF | 4 | ||
| Altman-Z | 1.4 |
ROIC/WACC1.52
WACC6.69%
2.3 Liquidity
RAY-A has a Current Ratio of 1.00. This is a normal value and indicates that RAY-A is financially healthy and should not expect problems in meeting 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.
A Quick Ratio of 0.98 indicates that RAY-A may have some problems paying its short term obligations.
With a decent Quick ratio value of 0.98, RAY-A is doing good in the industry, outperforming 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1 | ||
| Quick Ratio | 0.98 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 28.89% over the past year.
The Earnings Per Share has been growing slightly by 7.84% on average over the past years.
RAY-A shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.00%.
RAY-A shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.75% yearly.
EPS 1Y (TTM)28.89%
EPS 3Y9.49%
EPS 5Y7.84%
EPS Q2Q%55%
Revenue 1Y (TTM)12%
Revenue growth 3Y11.03%
Revenue growth 5Y4.75%
Sales Q2Q%7.37%
3.2 Future
RAY-A is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.04% yearly.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
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 8.62, which indicates a very decent valuation of RAY-A.
83.33% of the companies in the same industry are more expensive than RAY-A, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of RAY-A to the average of the S&P500 Index (26.84), we can say RAY-A is valued rather cheaply.
The Price/Forward Earnings ratio is 8.16, which indicates a very decent valuation of RAY-A.
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 35.29, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.62 | ||
| Fwd PE | 8.16 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, RAY-A is valued a bit cheaper than 66.67% of the companies in the same industry.
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 | 6.1 | ||
| EV/EBITDA | 6.86 |
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)0.5
PEG (5Y)1.1
EPS Next 2Y8.04%
EPS Next 3YN/A
5. Dividend
5.1 Amount
RAY-A has a Yearly Dividend Yield of 3.05%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.05, RAY-A pays a better dividend. On top of this RAY-A pays more dividend than 91.67% of the companies listed in the same industry.
RAY-A's Dividend Yield is a higher than the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.05% |
5.2 History
The dividend of RAY-A has a limited annual growth rate of 1.15%.
RAY-A has paid a dividend for at least 10 years, which is 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.
RAY-A's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP56.22%
EPS Next 2Y8.04%
EPS Next 3YN/A
TSX:RAY-A (8/15/2025, 7:00:00 PM)
10
+0.15 (+1.52%)
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 Cap548.80M
Analysts82.86
Price Target13.39 (33.9%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.05% |
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 | 8.62 | ||
| Fwd PE | 8.16 | ||
| P/S | 1.42 | ||
| P/FCF | 6.1 | ||
| P/OCF | 5.22 | ||
| P/B | 2.06 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.86 |
EPS(TTM)1.16
EY11.6%
EPS(NY)1.23
Fwd EY12.26%
FCF(TTM)1.64
FCFY16.4%
OCF(TTM)1.91
OCFY19.14%
SpS7.05
BVpS4.86
TBVpS-6.74
PEG (NY)0.5
PEG (5Y)1.1
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 | 1.4 |
F-Score9
WACC6.69%
ROIC/WACC1.52
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)28.89%
EPS 3Y9.49%
EPS 5Y7.84%
EPS Q2Q%55%
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%7.37%
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%