STINGRAY GROUP -VARIABLE S (RAY-B.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:RAY-B - CA86084H2090 - Common Stock
14.34 CAD
-0.16 (-1.1%)
RAY-B gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 13 industry peers in the Media industry. While RAY-B has a great profitability rating, there are some minor concerns on its financial health. RAY-B is valued quite cheap, while showing a decent growth score. This is a good combination! Finally RAY-B also has an excellent dividend rating. These ratings would make RAY-B suitable for value and dividend investing!
1. Profitability
1.1 Basic Checks
In the past year RAY-B was profitable.
RAY-B had a positive operating cash flow in the past year.
Of the past 5 years RAY-B 4 years were profitable.
In the past 5 years RAY-B always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 6.12%, RAY-B is doing good in the industry, outperforming 76.92% of the companies in the same industry.
RAY-B has a better Return On Equity (17.96%) than 92.31% of its industry peers.
RAY-B has a Return On Invested Capital of 10.36%. This is amongst the best in the industry. RAY-B outperforms 92.31% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for RAY-B is in line with the industry average of 8.67%.
The last Return On Invested Capital (10.36%) for RAY-B is above the 3 year average (8.88%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.12% | ||
| ROE | 17.96% | ||
| ROIC | 10.36% |
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-B has a Profit Margin of 12.56%. This is amongst the best in the industry. RAY-B outperforms 100.00% of its industry peers.
In the last couple of years the Profit Margin of RAY-B has grown nicely.
RAY-B has a Operating Margin of 25.10%. This is amongst the best in the industry. RAY-B outperforms 100.00% of its industry peers.
RAY-B's Operating Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.1% | ||
| PM (TTM) | 12.56% | ||
| 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
The number of shares outstanding for RAY-B has been reduced compared to 5 years ago.
RAY-B has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.72, we must say that RAY-B is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of RAY-B (1.72) is better than 76.92% of its industry peers.
RAY-B has a debt to FCF ratio of 3.50. This is a good value and a sign of high solvency as RAY-B would need 3.50 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 3.50, RAY-B is doing good in the industry, outperforming 69.23% of the companies in the same industry.
RAY-B has a Debt/Equity ratio of 1.23. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.23, RAY-B is in line with its industry, outperforming 46.15% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.23 | ||
| Debt/FCF | 3.5 | ||
| Altman-Z | 1.72 |
ROIC/WACC1.53
WACC6.78%
2.3 Liquidity
RAY-B has a Current Ratio of 1.11. This is a normal value and indicates that RAY-B is financially healthy and should not expect problems in meeting its short term obligations.
RAY-B has a better Current ratio (1.11) than 69.23% of its industry peers.
A Quick Ratio of 1.04 indicates that RAY-B should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.04, RAY-B is in the better half of the industry, outperforming 69.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.11 | ||
| Quick Ratio | 1.04 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 33.33% over the past year.
RAY-B shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.84% yearly.
RAY-B shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.69%.
The Revenue has been growing slightly by 4.75% on average over the past years.
EPS 1Y (TTM)33.33%
EPS 3Y9.49%
EPS 5Y7.84%
EPS Q2Q%33.33%
Revenue 1Y (TTM)12.69%
Revenue growth 3Y11.03%
Revenue growth 5Y4.75%
Sales Q2Q%21.03%
3.2 Future
The Earnings Per Share is expected to grow by 19.96% on average over the next years. This is quite good.
Based on estimates for the next years, RAY-B will show a quite strong growth in Revenue. The Revenue will grow by 17.02% on average per year.
EPS Next Y35.21%
EPS Next 2Y31.15%
EPS Next 3Y19.96%
EPS Next 5YN/A
Revenue Next Year23.85%
Revenue Next 2Y28.97%
Revenue Next 3Y17.02%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 11.56, the valuation of RAY-B can be described as very reasonable.
Based on the Price/Earnings ratio, RAY-B is valued cheaply inside the industry as 84.62% of the companies are valued more expensively.
RAY-B's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.92.
RAY-B is valuated cheaply with a Price/Forward Earnings ratio of 7.94.
100.00% of the companies in the same industry are more expensive than RAY-B, based on the Price/Forward Earnings ratio.
RAY-B's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.57.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.56 | ||
| Fwd PE | 7.94 |
4.2 Price Multiples
69.23% of the companies in the same industry are more expensive than RAY-B, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of RAY-B indicates a rather cheap valuation: RAY-B is cheaper than 84.62% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.71 | ||
| EV/EBITDA | 8.41 |
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.
The decent profitability rating of RAY-B may justify a higher PE ratio.
RAY-B's earnings are expected to grow with 19.96% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.33
PEG (5Y)1.48
EPS Next 2Y31.15%
EPS Next 3Y19.96%
5. Dividend
5.1 Amount
RAY-B has a Yearly Dividend Yield of 2.35%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 0.36, RAY-B pays a better dividend. On top of this RAY-B pays more dividend than 92.31% of the companies listed in the same industry.
RAY-B's Dividend Yield is a higher than the S&P500 average which is at 1.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.35% |
5.2 History
The dividend of RAY-B has a limited annual growth rate of 1.15%.
RAY-B has been paying a dividend for at least 10 years, so it has 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
39.32% of the earnings are spent on dividend by RAY-B. This is a low number and sustainable payout ratio.
RAY-B's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP39.32%
EPS Next 2Y31.15%
EPS Next 3Y19.96%
TSX:RAY-B (1/5/2026, 7:00:00 PM)
14.34
-0.16 (-1.1%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners26.98%
Inst Owner ChangeN/A
Ins Owners7.22%
Ins Owner ChangeN/A
Market Cap789.27M
Revenue(TTM)413.13M
Net Income(TTM)51.89M
Analysts82.86
Price Target17.63 (22.94%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.35% |
Yearly Dividend0.3
Dividend Growth(5Y)1.15%
DP39.32%
Div Incr Years0
Div Non Decr Years9
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.49%
Min EPS beat(2)1.53%
Max EPS beat(2)9.44%
EPS beat(4)3
Avg EPS beat(4)4.53%
Min EPS beat(4)-1.17%
Max EPS beat(4)9.44%
EPS beat(8)5
Avg EPS beat(8)2.42%
EPS beat(12)5
Avg EPS beat(12)-1.75%
EPS beat(16)6
Avg EPS beat(16)-3.69%
Revenue beat(2)1
Avg Revenue beat(2)-0.58%
Min Revenue beat(2)-3.78%
Max Revenue beat(2)2.61%
Revenue beat(4)2
Avg Revenue beat(4)-0.01%
Min Revenue beat(4)-3.78%
Max Revenue beat(4)3.01%
Revenue beat(8)5
Avg Revenue beat(8)0.39%
Revenue beat(12)6
Avg Revenue beat(12)-0.21%
Revenue beat(16)6
Avg Revenue beat(16)-1.29%
PT rev (1m)3.04%
PT rev (3m)35.02%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-6.12%
EPS NY rev (1m)0%
EPS NY rev (3m)1.6%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.43%
Revenue NY rev (1m)0%
Revenue NY rev (3m)9.97%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.56 | ||
| Fwd PE | 7.94 | ||
| P/S | 1.91 | ||
| P/FCF | 7.71 | ||
| P/OCF | 6.66 | ||
| P/B | 2.73 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.41 |
EPS(TTM)1.24
EY8.65%
EPS(NY)1.81
Fwd EY12.59%
FCF(TTM)1.86
FCFY12.96%
OCF(TTM)2.15
OCFY15%
SpS7.51
BVpS5.25
TBVpS-6.28
PEG (NY)0.33
PEG (5Y)1.48
Graham Number12.1
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.12% | ||
| ROE | 17.96% | ||
| ROCE | 14.39% | ||
| ROIC | 10.36% | ||
| ROICexc | 10.58% | ||
| ROICexgc | 105.13% | ||
| OM | 25.1% | ||
| PM (TTM) | 12.56% | ||
| GM | N/A | ||
| FCFM | 24.76% |
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-Score8
Asset Turnover0.49
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.23 | ||
| Debt/FCF | 3.5 | ||
| Debt/EBITDA | 2.63 | ||
| Cap/Depr | 52.04% | ||
| Cap/Sales | 3.9% | ||
| Interest Coverage | 4.88 | ||
| Cash Conversion | 87.94% | ||
| Profit Quality | 197.18% | ||
| Current Ratio | 1.11 | ||
| Quick Ratio | 1.04 | ||
| Altman-Z | 1.72 |
F-Score8
WACC6.78%
ROIC/WACC1.53
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)33.33%
EPS 3Y9.49%
EPS 5Y7.84%
EPS Q2Q%33.33%
EPS Next Y35.21%
EPS Next 2Y31.15%
EPS Next 3Y19.96%
EPS Next 5YN/A
Revenue 1Y (TTM)12.69%
Revenue growth 3Y11.03%
Revenue growth 5Y4.75%
Sales Q2Q%21.03%
Revenue Next Year23.85%
Revenue Next 2Y28.97%
Revenue Next 3Y17.02%
Revenue Next 5YN/A
EBIT growth 1Y11.9%
EBIT growth 3Y15.17%
EBIT growth 5Y5.85%
EBIT Next Year65.35%
EBIT Next 3Y33.46%
EBIT Next 5YN/A
FCF growth 1Y28.71%
FCF growth 3Y10.54%
FCF growth 5Y4.05%
OCF growth 1Y23.98%
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.
What is the valuation status of STINGRAY GROUP -VARIABLE S (RAY-B.CA) stock?
ChartMill assigns a valuation rating of 8 / 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.
Can you provide the PE and PB ratios for RAY-B stock?
The Price/Earnings (PE) ratio for STINGRAY GROUP -VARIABLE S (RAY-B.CA) is 11.56 and the Price/Book (PB) ratio is 2.73.
What is the expected EPS growth for STINGRAY GROUP -VARIABLE S (RAY-B.CA) stock?
The Earnings per Share (EPS) of STINGRAY GROUP -VARIABLE S (RAY-B.CA) is expected to grow by 35.21% in the next year.