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5.81 (1y: +298%)
Market Cap 327.9 M P/E(ttm) 13.00
Enterprise Value 1.15 B P/B 2.10
GTN- NYSE (USA)
Gray Television, Inc.
  • Currently 1/5
Business Predictability Rank: 1-Star
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$5.81
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GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 5/10

vs
industry		 vs
history
Cash to Debt 0.013
GTN's Cash to Debt is ranked lower than
98% of the 235 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 2.00 vs. GTN: 0.013 )
GTN' s 10-Year Cash to Debt Range
Min: 0   Max: 0.08
Current: 0.01
0
0.08
Equity to Asset -0.677
GTN's Equity to Asset is ranked lower than
97% of the 235 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 0.39 vs. GTN: -0.677 )
GTN' s 10-Year Equity to Asset Range
Min: -0.72   Max: 0.16
Current: -0.68
-0.72
0.16
Interest Coverage 2.6
GTN's Interest Coverage is ranked lower than
63% of the 235 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 8.30 vs. GTN: 2.6 )
GTN' s 10-Year Interest Coverage Range
Min: 1   Max: 3
Current: 2.6
1
3
F-Score: 7
Z-Score: 0.2
M-Score: -3.09
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 8/10

vs
industry		 vs
history
Operating margin (%) 37.90
GTN's Operating margin (%) is ranked higher than
95% of the 235 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 6.60 vs. GTN: 37.90 )
GTN' s 10-Year Operating margin (%) Range
Min: -79.1   Max: 37.9
Current: 37.9
-79.1
37.9
Net-margin (%) 6.9
GTN's Net-margin (%) is ranked higher than
59% of the 235 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 4.90 vs. GTN: 6.9 )
GTN' s 10-Year Net-margin (%) Range
Min: -61.7   Max: 12.8
Current: 6.9
-61.7
12.8
ROE (%) 19.5
GTN's ROE (%) is ranked higher than
88% of the 235 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 4.80 vs. GTN: 19.5 )
GTN' s 10-Year ROE (%) Range
Min: -172.5   Max: 19.5
Current: 19.5
-172.5
19.5
ROA (%) 2.3
GTN's ROA (%) is ranked lower than
57% of the 235 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 3.30 vs. GTN: 2.3 )
GTN' s 10-Year ROA (%) Range
Min: -15.8   Max: 3.2
Current: 2.3
-15.8
3.2
ROC (Joel Greenblatt) (%) 88.80
GTN's ROC (Joel Greenblatt) (%) is ranked higher than
86% of the 235 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 14.00 vs. GTN: 88.80 )
GTN' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -148.9   Max: 88.8
Current: 88.8
-148.9
88.8
Revenue Growth (%) 6.1
GTN's Revenue Growth (%) is ranked higher than
80% of the 235 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 0.00 vs. GTN: 6.1 )
GTN' s 10-Year Revenue Growth (%) Range
Min: -14.7   Max: 6.1
Current: 6.1
-14.7
6.1
EBITDA Growth (%) 14.9
GTN's EBITDA Growth (%) is ranked higher than
88% of the 235 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 0.00 vs. GTN: 14.9 )
GTN' s 10-Year EBITDA Growth (%) Range
Min: -15.4   Max: 14.9
Current: 14.9
-15.4
14.9
ยป GTN's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

GTN Guru Trades in Q2 2012

Columbia Wanger 1,750,000 sh (unchged)
Mario Gabelli 1,122,325 sh (-2.29%)
» More
Q3 2012

GTN Guru Trades in Q3 2012

Mario Gabelli 1,123,025 sh (+0.06%)
Columbia Wanger 1,750,000 sh (unchged)
» More
Q4 2012

GTN Guru Trades in Q4 2012

Columbia Wanger 1,750,000 sh (unchged)
Mario Gabelli 1,110,025 sh (-1.16%)
» More
Q1 2013

GTN Guru Trades in Q1 2013

Jim Simons 138,700 sh (New)
Steven Cohen 45,251 sh (New)
Columbia Wanger Sold Out
Mario Gabelli 1,109,225 sh (-0.07%)
» More
» Details

Insider Trades

Latest Guru Trades with GTN

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Mario Gabelli 2011-03-31 Reduce -42.88%0.02%$1.87 - $2.39 $ 5.81178%1339758
Mario Gabelli 2010-09-30 Add 34.13%0.01%$1.85 - $2.95 $ 5.81154%2390108
Mario Gabelli 2010-06-30 Reduce -24.4%0.01%$2.4 - $4.53 $ 5.8183%1781908
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry		 vs
history
P/E(ttm) 13.00
GTN's P/E(ttm) is ranked lower than
149% of the 164 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 19.90 vs. GTN: 13.00 )
GTN' s 10-Year P/E(ttm) Range
Min: 2.93   Max: 8.21457E+17
Current: 13
2.93
8.21457E+17
P/B 2.10
GTN's P/B is ranked lower than
110% of the 222 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 1.78 vs. GTN: 2.10 )
GTN' s 10-Year P/B Range
Min: 0.14   Max: 3.7
Current: 2.1
0.14
3.7
P/S 0.75
GTN's P/S is ranked higher than
71% of the 235 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 1.41 vs. GTN: 0.75 )
GTN' s 10-Year P/S Range
Min: 0.08   Max: 2.33
Current: 0.75
0.08
2.33
PFCF 5.59
GTN's PFCF is ranked lower than
160% of the 153 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 15.38 vs. GTN: 5.59 )
GTN' s 10-Year PFCF Range
Min: 0.48   Max: 120
Current: 5.59
0.48
120
EV-to-EBIT 7.53
GTN's EV-to-EBIT is ranked lower than
137% of the 179 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 14.74 vs. GTN: 7.53 )
GTN' s 10-Year EV-to-EBIT Range
Min: 6   Max: 43.2
Current: 7.53
6
43.2
Shiller P/E 19.5
GTN's Shiller P/E is ranked lower than
100% of the Companies
in the Global Broadcasting - TV industry.

( Industry Median: vs. GTN: 19.5 )
GTN' s 10-Year Shiller P/E Range
Min: 3.34   Max: 226.35
Current: 19.5
3.34
226.35

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 10.9
GTN's Price/Net Current Asset Value is ranked lower than
159% of the 154 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 13.30 vs. GTN: 10.9 )
GTN' s 10-Year Price/Net Current Asset Value Range
Min: 1.6   Max: 296.3
Current: 10.9
1.6
296.3
Price/DCF (Projected) 0.9
GTN's Price/DCF (Projected) is ranked lower than
278% of the 88 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 1.30 vs. GTN: 0.9 )
GTN' s 10-Year Price/DCF (Projected) Range
Min: 0.1   Max: 9.6
Current: 0.9
0.1
9.6
Price/Median PS Value 0.6
GTN's Price/Median PS Value is ranked lower than
109% of the 224 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 1.20 vs. GTN: 0.6 )
GTN' s 10-Year Price/Median PS Value Range
Min: 0.1   Max: 1.9
Current: 0.6
0.1
1.9
Earnings Yield (Greenblatt) 13.30
GTN's Earnings Yield (Greenblatt) is ranked higher than
87% of the 235 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 5.10 vs. GTN: 13.30 )
GTN' s 10-Year Earnings Yield (Greenblatt) Range
Min: 2.3   Max: 16.6
Current: 13.3
2.3
16.6
Forward Rate of Return (Yacktman) 8.57
GTN's Forward Rate of Return (Yacktman) is ranked higher than
82% of the 235 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 0.00 vs. GTN: 8.57 )
GTN' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -35.5   Max: 66.5
Current: 8.57
-35.5
66.5

Business Description

Gray Television, Inc. was incorporated in Georgia. It is a television broadcast company. The company own 36 television stations serving 30 television markets. Seventeen of company's stations are affiliated with the CBS Network owned by CBS Inc. , ten are affiliated with the NBC Network owned by National Broadcasting Company, Inc. , eight are affiliated with the ABC Network owned by American Broadcasting Company , and one is affiliated with the FOX Network owned by the FOX Broadcasting Company. In addition to its primary channels that the company broadcast from its television stations, the company currently broadcast 40 secondary channels including one affiliated with ABC, four affiliated with FOX, eight affiliated with the CW Network or the CW Plus Network, both owned by The CW Network, LLC , 18 affiliated with Master Distribution Service, Inc., one affiliated with Untamed Sports Network , one affiliated with The Country Network and seven local news/weather channels in certain of its existing markets. Its combined TV station group reaches approximately 6.2% of total United States households.
Company Website
SEC Reports
Industry: Broadcasting - TV
Compare:TV, CBS, SKDTY, TVBCY, PBSFY
Traded in other countries:GCZB.Germany
ยป More Articles for GTN

Headlines

Articles On GuruFocus.com
The Washington Post is not as cheap as you think. Mar 03 2012 
Media General: Newspaper Sale Could be a Game Changer Feb 26 2012 
Tenets of Value Investing: The Dangers of Leverage Apr 08 2011 
Gray Television Inc. Reports Operating Results (10-Q) Nov 08 2010 
Gray Television Inc. Reports Operating Results (10-Q) Aug 12 2010 
Gray Television Inc. Reports Operating Results (10-Q) May 10 2010 
Gray Television Inc. Reports Operating Results (10-Q) Nov 09 2009 
Gray Television Inc. Reports Operating Results (10-Q) Aug 07 2009 
Gray Television Inc. Reports Operating Results (10-Q) May 08 2009 
Weekly CEO Buys Highlight: MSCI INC, Isle of Capri Casinos Inc., BE Aerospace Inc., Gray Television Jul 13 2008 

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