Financials Gray Television, Inc. Nyse

Equities

GTN.A

US3893752051

Broadcasting

Market Closed - Nyse 01:40:00 09/05/2024 am IST 5-day change 1st Jan Change
7.6 USD -7.88% Intraday chart for Gray Television, Inc. -7.20% -11.27%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,115 1,688 1,896 1,019 827.8 647.8 - -
Enterprise Value (EV) 1 2,115 4,889 1,896 7,413 827.8 7,148 647.8 647.8
P/E ratio 16.9 x 4.85 x 50.4 x 2.58 x -6.45 x 1.63 x -12.4 x 1.83 x
Yield - - - - - - - -
Capitalization / Revenue 1 x 0.71 x 0.79 x 0.28 x 0.25 x 0.17 x 0.19 x 0.17 x
EV / Revenue 1 x 2.05 x 0.79 x 2.02 x 0.25 x 1.86 x 0.19 x 0.17 x
EV / EBITDA 2.96 x 5.2 x 2.57 x 5.47 x 1.12 x 5.56 x 0.85 x 0.52 x
EV / FCF 11.3 x 9.02 x 20.4 x 18.9 x 2.76 x 13.7 x 3.84 x 1.24 x
FCF Yield 8.89% 11.1% 4.9% 5.3% 36.2% 7.3% 26.1% 80.5%
Price to Book - - - - - - - -
Nbr of stocks (in thousands) 99,121 94,763 94,647 91,259 92,699 95,198 - -
Reference price 2 21.44 17.89 20.16 11.19 8.960 6.740 6.740 6.740
Announcement Date 27/02/20 25/02/21 25/02/22 24/02/23 23/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,122 2,381 2,413 3,676 3,281 3,852 3,328 3,798
EBITDA 1 714 941 739 1,356 742 1,285 758.4 1,250
EBIT 1 478 752 381 990 383 982.8 427 914
Operating Margin 22.53% 31.58% 15.79% 26.93% 11.67% 25.51% 12.83% 24.07%
Earnings before Tax (EBT) 1 255 544 168 614 -82 617.7 -42 -
Net income 1 127 358 38 403 -128 421.5 -19 329
Net margin 5.98% 15.04% 1.57% 10.96% -3.9% 10.94% -0.57% 8.66%
EPS 2 1.270 3.690 0.4000 4.330 -1.390 4.140 -0.5450 3.690
Free Cash Flow 1 188 542 93 393 300 521.5 168.9 521.4
FCF margin 8.86% 22.76% 3.85% 10.69% 9.14% 13.54% 5.08% 13.73%
FCF Conversion (EBITDA) 26.33% 57.6% 12.58% 28.98% 40.43% 40.58% 22.27% 41.72%
FCF Conversion (Net income) 148.03% 151.4% 244.74% 97.52% - 123.73% - 158.5%
Dividend per Share - - - - - - - -
Announcement Date 27/02/20 25/02/21 25/02/22 24/02/23 23/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 721 827 868 909 1,072 801 813 803 864 823 842.6 990 1,195 796.5 819.8
EBITDA 1 224 251 309 336 454 163 226 210 205 197 220.8 373.2 508.1 170.2 192
EBIT 1 105 172 218 245 363 67 119 84 113 124 134 278 425 66.32 85.66
Operating Margin 14.56% 20.8% 25.12% 26.95% 33.86% 8.36% 14.64% 10.46% 13.08% 15.07% 15.9% 28.08% 35.56% 8.33% 10.45%
Earnings before Tax (EBT) 1 42 83 137 150 244 -42 9 -37 -12 119 52.2 - 339.1 -48.68 -29.34
Net income 1 16 49 86 95 173 -44 -9 -53 -22 75 14.38 114 242.2 - -
Net margin 2.22% 5.93% 9.91% 10.45% 16.14% -5.49% -1.11% -6.6% -2.55% 9.11% 1.71% 11.51% 20.27% - -
EPS 2 0.1700 0.5200 0.9100 1.030 1.880 -0.4800 -0.1000 -0.5700 -0.2400 0.7900 0.0933 1.178 2.385 -0.3300 -0.0350
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 25/02/22 06/05/22 05/08/22 04/11/22 24/02/23 05/05/23 04/08/23 08/11/23 23/02/24 07/05/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - 3,201 - 6,394 - 6,500 - -
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) - 3.402 x - 4.715 x - 5.058 x - -
Free Cash Flow 1 188 542 93 393 300 522 169 521
ROE (net income / shareholders' equity) - - - - - - - -
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share - - - - - - - -
Cash Flow per Share - - - - - - - -
Capex 1 110 110 207 436 348 128 114 117
Capex / Sales 5.18% 4.62% 8.58% 11.86% 10.61% 3.33% 3.41% 3.09%
Announcement Date 27/02/20 25/02/21 25/02/22 24/02/23 23/02/24 - - -
1USD in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
8
Last Close Price
6.74 USD
Average target price
10.83 USD
Spread / Average Target
+60.73%
Consensus
  1. Stock Market
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  5. Financials Gray Television, Inc.
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