STINGRAY GROUP -VARIABLE S (RAY-B.CA) Stock Fundamental Analysis
Canada - TSX:RAY-B - CA86084H2090 - Common Stock
14.77 CAD
+1.27 (+9.41%)
Overall RAY-B gets a fundamental rating of 6 out of 10. We evaluated RAY-B against 14 industry peers in the Media industry. RAY-B scores excellent on profitability, but there are some minor concerns on its financial health. RAY-B may be a bit undervalued, certainly considering the very reasonable score on growth With these ratings, RAY-B could be worth investigating further for value investing!.
1. Profitability
1.1 Basic Checks
RAY-B had positive earnings in the past year.
RAY-B had a positive operating cash flow in the past year.
Of the past 5 years RAY-B 4 years were profitable.
Each year in the past 5 years RAY-B had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 5.62%, RAY-B is doing good in the industry, outperforming 71.43% of the companies in the same industry.
RAY-B has a Return On Equity of 16.46%. This is amongst the best in the industry. RAY-B outperforms 85.71% of its industry peers.
Looking at the Return On Invested Capital, with a value of 10.27%, RAY-B is in the better half of the industry, outperforming 71.43% of the companies in the same industry.
RAY-B had an Average Return On Invested Capital over the past 3 years of 8.88%. This is significantly below the industry average of 14.62%.
The 3 year average ROIC (8.88%) for RAY-B is below the current ROIC(10.27%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.62% | ||
| ROE | 16.46% | ||
| ROIC | 10.27% |
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
The Profit Margin of RAY-B (11.67%) is better than 85.71% of its industry peers.
In the last couple of years the Profit Margin of RAY-B has grown nicely.
With an excellent Operating Margin value of 25.65%, RAY-B belongs to the best of the industry, outperforming 92.86% of the companies in the same industry.
RAY-B's Operating Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.65% | ||
| PM (TTM) | 11.67% | ||
| 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-B is still creating some value.
Compared to 1 year ago, RAY-B has less shares outstanding
RAY-B has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, RAY-B has an improved debt to assets ratio.
2.2 Solvency
RAY-B has an Altman-Z score of 1.76. This is a bad value and indicates that RAY-B is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.76, RAY-B belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
RAY-B has a debt to FCF ratio of 3.66. This is a good value and a sign of high solvency as RAY-B would need 3.66 years to pay back of all of its debts.
The Debt to FCF ratio of RAY-B (3.66) is better than 71.43% of its industry peers.
RAY-B has a Debt/Equity ratio of 1.26. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.26, RAY-B is in line with its industry, outperforming 50.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.26 | ||
| Debt/FCF | 3.66 | ||
| Altman-Z | 1.76 |
ROIC/WACC1.5
WACC6.83%
2.3 Liquidity
A Current Ratio of 1.05 indicates that RAY-B should not have too much problems paying its short term obligations.
RAY-B's Current ratio of 1.05 is fine compared to the rest of the industry. RAY-B outperforms 64.29% of its industry peers.
RAY-B has a Quick Ratio of 1.02. This is a normal value and indicates that RAY-B is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of RAY-B (1.02) is better than 64.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.05 | ||
| Quick Ratio | 1.02 |
3. Growth
3.1 Past
RAY-B shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 28.89%, which is quite impressive.
RAY-B 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-B shows a quite strong growth in Revenue. The Revenue has grown by 10.68% in the last year.
RAY-B 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)10.68%
Revenue growth 3Y11.03%
Revenue growth 5Y4.75%
Sales Q2Q%7.37%
3.2 Future
The Earnings Per Share is expected to grow by 8.44% on average over the next years. This is quite good.
RAY-B is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.25% yearly.
EPS Next Y33.08%
EPS Next 2Y19.33%
EPS Next 3Y8.44%
EPS Next 5YN/A
Revenue Next Year12.38%
Revenue Next 2Y9.13%
Revenue Next 3Y4.25%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 12.73, RAY-B is valued correctly.
Based on the Price/Earnings ratio, RAY-B is valued cheaply inside the industry as 85.71% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 25.56. RAY-B is valued rather cheaply when compared to this.
RAY-B is valuated reasonably with a Price/Forward Earnings ratio of 9.88.
85.71% of the companies in the same industry are more expensive than RAY-B, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.62, RAY-B is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.73 | ||
| Fwd PE | 9.88 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, RAY-B is valued a bit cheaper than the industry average as 64.29% of the companies are valued more expensively.
RAY-B's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. RAY-B is cheaper than 71.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.35 | ||
| EV/EBITDA | 8.8 |
4.3 Compensation for Growth
RAY-B's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of RAY-B may justify a higher PE ratio.
PEG (NY)0.38
PEG (5Y)1.62
EPS Next 2Y19.33%
EPS Next 3Y8.44%
5. Dividend
5.1 Amount
RAY-B has a Yearly Dividend Yield of 2.56%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.56, RAY-B pays a better dividend. On top of this RAY-B pays more dividend than 100.00% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.44, RAY-B has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.56% |
5.2 History
The dividend of RAY-B has a limited annual growth rate of 1.15%.
RAY-B has paid a dividend for at least 10 years, which is a reliable track record.
As RAY-B did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)1.15%
Div Incr Years0
Div Non Decr Years9
5.3 Sustainability
44.50% of the earnings are spent on dividend by RAY-B. This is a bit on the high side, but may be sustainable.
The dividend of RAY-B is growing, but earnings are growing more, so the dividend growth is sustainable.
DP44.5%
EPS Next 2Y19.33%
EPS Next 3Y8.44%
TSX:RAY-B (11/17/2025, 7:00:00 PM)
14.77
+1.27 (+9.41%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners25.94%
Inst Owner ChangeN/A
Ins Owners6.46%
Ins Owner ChangeN/A
Market Cap814.57M
Revenue(TTM)393.46M
Net Income(TTM)45.93M
Analysts82.86
Price Target13.62 (-7.79%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.56% |
Yearly Dividend0.3
Dividend Growth(5Y)1.15%
DP44.5%
Div Incr Years0
Div Non Decr Years9
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)8.88%
Min EPS beat(2)8.32%
Max EPS beat(2)9.44%
EPS beat(4)3
Avg EPS beat(4)5.43%
Min EPS beat(4)-1.17%
Max EPS beat(4)9.44%
EPS beat(8)4
Avg EPS beat(8)1.99%
EPS beat(12)4
Avg EPS beat(12)-4.31%
EPS beat(16)6
Avg EPS beat(16)-2.92%
Revenue beat(2)1
Avg Revenue beat(2)-0.38%
Min Revenue beat(2)-3.78%
Max Revenue beat(2)3.01%
Revenue beat(4)2
Avg Revenue beat(4)-0.06%
Min Revenue beat(4)-3.78%
Max Revenue beat(4)3.01%
Revenue beat(8)4
Avg Revenue beat(8)-0.16%
Revenue beat(12)5
Avg Revenue beat(12)-0.89%
Revenue beat(16)5
Avg Revenue beat(16)-1.55%
PT rev (1m)4.3%
PT rev (3m)14.46%
EPS NQ rev (1m)-0.65%
EPS NQ rev (3m)0.66%
EPS NY rev (1m)0%
EPS NY rev (3m)13.53%
Revenue NQ rev (1m)-0.42%
Revenue NQ rev (3m)-0.42%
Revenue NY rev (1m)-0.21%
Revenue NY rev (3m)3.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.73 | ||
| Fwd PE | 9.88 | ||
| P/S | 2.07 | ||
| P/FCF | 8.35 | ||
| P/OCF | 7.19 | ||
| P/B | 2.92 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.8 |
EPS(TTM)1.16
EY7.85%
EPS(NY)1.5
Fwd EY10.12%
FCF(TTM)1.77
FCFY11.98%
OCF(TTM)2.05
OCFY13.91%
SpS7.13
BVpS5.06
TBVpS-6.4
PEG (NY)0.38
PEG (5Y)1.62
Graham Number11.49
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.62% | ||
| ROE | 16.46% | ||
| ROCE | 14.27% | ||
| ROIC | 10.27% | ||
| ROICexc | 10.44% | ||
| ROICexgc | 113.43% | ||
| OM | 25.65% | ||
| PM (TTM) | 11.67% | ||
| GM | N/A | ||
| FCFM | 24.79% |
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%
ROICexgc growth 3Y13.47%
ROICexgc 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 Turnover0.48
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.26 | ||
| Debt/FCF | 3.66 | ||
| Debt/EBITDA | 2.67 | ||
| Cap/Depr | 50.84% | ||
| Cap/Sales | 4% | ||
| Interest Coverage | 4.43 | ||
| Cash Conversion | 85.91% | ||
| Profit Quality | 212.39% | ||
| Current Ratio | 1.05 | ||
| Quick Ratio | 1.02 | ||
| Altman-Z | 1.76 |
F-Score9
WACC6.83%
ROIC/WACC1.5
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 Y33.08%
EPS Next 2Y19.33%
EPS Next 3Y8.44%
EPS Next 5YN/A
Revenue 1Y (TTM)10.68%
Revenue growth 3Y11.03%
Revenue growth 5Y4.75%
Sales Q2Q%7.37%
Revenue Next Year12.38%
Revenue Next 2Y9.13%
Revenue Next 3Y4.25%
Revenue Next 5YN/A
EBIT growth 1Y14.06%
EBIT growth 3Y15.17%
EBIT growth 5Y5.85%
EBIT Next Year56.23%
EBIT Next 3Y18.47%
EBIT Next 5YN/A
FCF growth 1Y22.82%
FCF growth 3Y10.54%
FCF growth 5Y4.05%
OCF growth 1Y19.41%
OCF growth 3Y7.88%
OCF growth 5Y3.57%
STINGRAY GROUP -VARIABLE S / RAY-B.CA FAQ
Can you provide the ChartMill fundamental rating for STINGRAY GROUP -VARIABLE S?
ChartMill assigns a fundamental rating of 6 / 10 to RAY-B.CA.
Can you provide the valuation status for STINGRAY GROUP -VARIABLE S?
ChartMill assigns a valuation rating of 7 / 10 to STINGRAY GROUP -VARIABLE S (RAY-B.CA). This can be considered as Undervalued.
How profitable is STINGRAY GROUP -VARIABLE S (RAY-B.CA) stock?
STINGRAY GROUP -VARIABLE S (RAY-B.CA) has a profitability rating of 7 / 10.
What is the valuation of STINGRAY GROUP -VARIABLE S based on its PE and PB ratios?
The Price/Earnings (PE) ratio for STINGRAY GROUP -VARIABLE S (RAY-B.CA) is 12.73 and the Price/Book (PB) ratio is 2.92.
How financially healthy is STINGRAY GROUP -VARIABLE S?
The financial health rating of STINGRAY GROUP -VARIABLE S (RAY-B.CA) is 5 / 10.