Stingray Group Inc
TSX:RAY.A
Intrinsic Value
Stingray Group, Inc. engages in the provision of multi-platform music services. [ Read More ]
The intrinsic value of one
RAY.A
stock under the Base Case scenario is
16.19
CAD.
Compared to the current market price of 7.4 CAD,
Stingray Group Inc
is
Undervalued by 54%.
RAY.A could be a value trap.A value trap occurs when a stock looks inexpensive based on fundamental analysis but fails to reach its intrinsic valuation over time, often due to underlying issues not reflected in quantitative data.
Scrutinize beyond numbers; assess long-term potential.
Stingray Group Inc's market capitalization is 508.9m CAD.
RAY.A stock price is 7.4 CAD.
RAY.A stock price (7.4 CAD) is 54% less than its Intrinsic Value (16.19 CAD).
RAY.A stock price (7.4 CAD) is 45% less than its Relative Value (13.57 CAD). Open Relative Valuation
RAY.A has upside potential of 28% compared to the average analyst price target.
Open Wall St Estimates
RAY.A's ROIC (Return on Invested Capital) has increased in the last 3 years from 6% to 8%.
RAY.A's ROE (Return on Equity) for the past 12 months is positive and is equal to 12%.
RAY.A's ROIC (Return on Invested Capital) for the past 12 months is positive and is equal to 8%.
RAY.A has positive Net Income for the last twelve months.
RAY.A's Revenue has grown by 8% over the past 12 months.
RAY.A's short-term assets (116m CAD) exceed its short-term liabilties (102m CAD).
RAY.A's ROE (Return on Equity) has decreased in the last 3 years from 16% to 12%.
RAY.A's Revenue is forecast to grow at a rate of 7% per year over the next 3 years.
RAY.A has positive three-year average ROE (Return on Equity): 13%. The company is efficient at transforming stockholders' equity into net income.
RAY.A has positive three-year average ROIC (Return on Invested Capital): 7%. The company is efficient at using invested capital to generate operating income.
RAY.A's D/E (Debt to Equity) is equal to 1.31.
RAY.A's Revenue has been growing by 10% per year for the last 3 years.
RAY.A's long-term assets (880m CAD) exceed its long-term liabilties (575m CAD).
RAY.A has positive Operating Income for the last twelve months.
RAY.A has positive Free Cash Flow for the last twelve months.
RAY.A's Altman Z-Score is very low and is equal to 1.17.
RAY.A has positive Net Debt. This means that the company has more debt (399m CAD) than cash and short-term investments (7m CAD).
RAY.A generates enough operating income (90m CAD) to cover interest payments on its debt (26m CAD).
Valuation Backtest
Stingray Group Inc
Run backtest to discover the historical profit from buying and selling
RAY.A
stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
Stingray Group Inc
Balance Sheet Decomposition
Stingray Group Inc
| Current Assets | 115.6m |
| Cash & Short-Term Investments | 7m |
| Receivables | 91.7m |
| Other Current Assets | 16.9m |
| Non-Current Assets | 764.8m |
| Long-Term Investments | 9.2m |
| PP&E | 57.1m |
| Intangibles | 693.2m |
| Other Non-Current Assets | 5.3m |
| Current Liabilities | 102.5m |
| Accounts Payable | 67.9m |
| Other Current Liabilities | 34.6m |
| Non-Current Liabilities | 472.7m |
| Long-Term Debt | 399.3m |
| Other Non-Current Liabilities | 73.4m |
Earnings Waterfall
Stingray Group Inc
|
Revenue
|
340.7m
CAD
|
|
Operating Expenses
|
-251m
CAD
|
|
Operating Income
|
89.7m
CAD
|
|
Other Expenses
|
-52.7m
CAD
|
|
Net Income
|
37m
CAD
|
Free Cash Flow Analysis
Stingray Group Inc
RAY.A Profitability Score
Profitability Due Diligence
Stingray Group Inc's profitability score is 56/100. The higher the profitability score, the more profitable the company is.
Score
Stingray Group Inc's profitability score is 56/100. The higher the profitability score, the more profitable the company is.
RAY.A Solvency Score
Solvency Due Diligence
Stingray Group Inc's solvency score is 30/100. The higher the solvency score, the more solvent the company is.
Score
Stingray Group Inc's solvency score is 30/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
RAY.A Price Targets Summary
Stingray Group Inc
According to Wall Street analysts, the average 1-year price target for
RAY.A
is 9.44 CAD
with a low forecast of 8.08 CAD and a high forecast of 10.5 CAD.
Shareholder Return
RAY.A Price
Stingray Group Inc
| Average Annual Return | -2.17% |
| Standard Deviation of Annual Returns | 17.54% |
| Max Drawdown | -58% |
| Market Capitalization | 508.9m CAD |
| Shares Outstanding | 68 821 700 |
| Percentage of Shares Shorted | 3.61% |
Company Profile
Stingray Group Inc
Country
Industry
Market Cap
Dividend Yield
Description
Stingray Group, Inc. engages in the provision of multi-platform music services. The company is headquartered in Montreal, Quebec and currently employs 1,000 full-time employees. The firm provides curated direct-to-consumer and business-to-business (B2B) services, including audio television channels, radio stations, subscription video-on-demand (SVOD) content, television channels, fast channels, karaoke products, digital signage, in-store music, and music applications. The firm also provides relaxation, mindfulness and sleep music. The firm offers SVOD services on a wide range of Internet-capable devices including smart televisions (TVs), smartphones, tablets, video game consoles and multimedia devices. The firm offers Stingray Karaoke, Stingray Classica, Stingray DJAZZ and Stingray Qello. The firm also offers business to consumers (B2C) mobile applications that includes Stingray Music, Yokee Music, Yokee Piano and Yokee Guitar. The firm has approximately 400 million subscribers in over 160 countries.
Officers
The intrinsic value of one
RAY.A
stock under the Base Case scenario is
16.19
CAD.
Compared to the current market price of 7.4 CAD,
Stingray Group Inc
is
Undervalued by 54%.
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