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Recent

v0.1
GTN$4.09+2.12%
Fair $35.71+772.1%

GTN

Gray Media, Inc.

Communication Services / BroadcastingNYSE

$4.09

+0.08 (+2.12%)

Significantly Undervalued+772.1%Fair Value $35.71Fund rank 77/100 · Buy candidateSEC 17/17 yrs|
SA 24/D
F-Score: 2/9
High DebtLow Profitability

FCF base 3Y

$27.66

+89.0% CAGR · yield 8.2%

FCF base 5Y

$23.41

+41.7% base · +55.1% expected

Precio de entrada

$10.00

MOS 25% · confianza 57%

FCF escenarios

modelled · normalized FCF $300.0M · quality 47.3/100

Buy candidate 77/100
Bear 5Y$10.65+21.1%
Base 5Y$23.41+41.7%
Bull 5Y$89.78+85.4%
Return 100/100Downside 100/100Model quality 60/100Data QA 73/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

24/100

D

Piotroski

2/9

balance/quality

Valuation

100/100

+772.1% upside

5Y CAGR

+55.1%

100/100

Data QA

100/100

SEC 100%

Latest source: sec-companyfactsPeriods: 17Warnings: 2sec-companyfacts: 17
Debt-to-Equity ratio is 2.67, above the 2.0 threshold ROE is -3.9%, below the 5% threshold
Thesis & Journal · GTNLocal privado en este navegador · Gray Media, Inc.
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$421M

P/E

N/A

•

EV/EBITDA

9.3x

↑

ROE

-3.9%

↓

Gross Margin

24.6%

↓

Debt/Equity

2.67

↑
52-Week Range$4
$4$6
EV/EBITDA Historical9.3x

TradingView lightweight chart

GTN price, volumen y niveles de valoración

Último $4.095Periodo -65.1%
Buy zone: $10.00Bear 5Y: $10.65Fair value: $35.71Base 5Y: $23.41Bull 5Y: $89.78

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2009–2025 · 16 años de histórico normalizado

Revenue CAGR

+16.5%

FCF CAGR

+37.2%

FCF margin

5.8%

FCF / Net income

-2.13x

Latest source

SEC-backed

Margin decomposition

Último año: revenue $3.10B · net income $-85.0M · FCF $181.0M

2009-FY → 2025-FY

Gross margin

24.6%— pts

Operating margin

12.7%-3.3% pts

Net margin

-2.7%+5.8% pts

FCF margin

5.8%+5.4% pts
SEC-backed annual metrics active for 2025, 2024, 2023, 2022, 2021, 2020, 2019, 2018, 2017, 2016, 2015, 2014, 2013, 2012, 2011, 2010, 2009. Local SEC Companyfacts override Yahoo/FMP for audited annual line items; provider-only fields remain as fallback.
MetricTTM
2025SEC
2024SEC
2023SEC
2022SEC
2021SEC
2020SEC
2019SEC
2018SEC
2017SEC
2016SEC
2015SEC
2014SEC
2013SEC
2012SEC
2011SEC
2010SEC
2009SEC
Income Statement
Revenue$3.10B$3.10B$3.64B$3.28B$3.68B$2.41B$2.38B$2.12B$1.08B$883.0M$812.5M$597.4M$508.1M$346.3M$404.8M$307.1M$346.1M$270.4M
Net Income$-85.0M$-85.0M$375.0M$-76.0M$455.0M$90.0M$410.0M$179.0M$211.0M$262.0M$62.3M$39.3M$48.1M$18.3M$28.1M$9.0M$23.2M$-23.0M
EBITDA$625.0M$625.0M$1.27B$734.0M$1.35B$602.0M$953.0M$673.0M$464.0M—————————
EPS-1.41-1.413.36-1.394.330.403.691.272.373.550.860.570.820.320.420.030.16-0.83
Gross Margin24.6%24.6%34.1%27.4%38.8%—————————————
Operating Margin12.7%12.7%23.4%11.7%26.9%15.8%31.6%22.5%35.9%32.8%28.8%23.4%30.3%24.2%37.9%24.5%30.9%15.9%
Net Margin-2.7%-2.7%10.3%-2.3%12.4%3.7%17.2%8.4%19.5%29.7%7.7%6.6%9.5%5.3%6.9%2.9%6.7%-8.5%
Balance Sheet
Debt/Equity2.672.672.463.133.053.842.272.532.151.853.562.845.724.845.796.776.39—
Current Ratio1.201.20————————————————
Cash Flow
Free Cash Flow$181.0M$181.0M$608.0M$300.0M$393.0M$93.0M$542.0M$275.0M$253.0M$145.0M$166.5M$82.5M$102.0M$36.2M$64.8M$13.9M$18.7M$1.1M
Returns
ROE-3.9%-3.9%16.4%-3.9%21.5%5.1%23.4%12.2%17.8%26.4%12.6%9.2%22.2%10.5%19.5%7.3%17.9%-24.6%
Valuation
P/E——1.24—0.9610.381.123.271.751.174.837.285.0612.979.88138.3325.94—
EV/EBITDA9.359.354.629.595.62—————————————
P/B0.190.190.170.190.180.220.230.280.310.310.610.671.121.381.651.931.742.15
Growth & Yield
Revenue Growth-15.1%-15.1%11.1%-10.7%52.3%1.3%12.2%95.8%22.8%8.7%36.0%17.6%46.7%-14.5%31.8%-11.2%28.0%—
EPS Growth-142.0%-142.0%341.7%-132.1%982.5%-89.2%190.6%-46.4%-33.2%312.8%50.9%-30.5%156.2%-23.8%1300.0%-81.3%119.3%—
Dividend Yield8.0%8.0%————————————————

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
Reverse DCF requires positive EPS; loss-making or zero-EPS companies cannot produce a clean EPS hurdle.

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total +11.1%

Total return

+11.1%

Start / end P/E

n/dx → n/dx

EPS bridge

3.36 → -1.41

Residual

+3.1%

EPS growthn/d
Multiple reratingn/d
Dividend+8.0%
Residual / FX / buybacks / cross-term+3.1%

EPS/multiple decomposition requires positive EPS at both endpoints; residual absorbs price move not explained by dividends.

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.

4.6x
9.6x
EV/EBITDA vs Sector9.3x
3.9xmed 7.7x14.0x