Gray Media (STU:GCZB) EV-to-EBIT: 18.94 (As of Aug. 05, 2026) — 77% Above Median

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STU:GCZB Gray Media Inc STU:GCZB
63 GF Score
Price €3.70
GF Value €4.15
! 8 Warning Signs
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What is Gray Media EV-to-EBIT?

Gray Media STU:GCZB +1.65% 63 EV-to-EBIT is 18.94 as of Aug. 05, 2026, which is 77% above its 10-year median of 10.71. GuruFocus rates STU:GCZB with a GF Score™ of 63/100 and a GF Value™ of €4.15. The stock has 8 warning signs investors should review. Among 642 Media - Diversified companies, Gray Media ranks worse than 70.4% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Gray Media's Enterprise Value is €5,795 Mil. Gray Media's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €306 Mil. Therefore, Gray Media's EV-to-EBIT for today is 18.94.

The historical rank and industry rank for Gray Media's EV-to-EBIT or its related term are showing as below:

STU:GCZB' s EV-to-EBIT Range Over the Past 10 Years
Min: 1.66   Med: 10.71   Max: 25.58
Current: 18.8

During the past 13 years, the highest EV-to-EBIT of Gray Media was 25.58. The lowest was 1.66. And the median was 10.71.

STU:GCZB's EV-to-EBIT is ranked worse than
70.4% of 642 companies
in the Media - Diversified industry
Industry Median: 10.63 vs STU:GCZB: 18.80

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Gray Media's Enterprise Value for the quarter that ended in Mar. 2026 was €5,753 Mil. Gray Media's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €306 Mil. Gray Media's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.32%.


Gray Media  (STU:GCZB) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Gray Media's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=305.885/5752.92032
=5.32 %

Gray Media's Enterprise Value for the quarter that ended in Mar. 2026 was €5,753 Mil.
Gray Media's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €306 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Gray Media EV-to-EBIT Related Terms


Gray Media EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Gray Media's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Gray Media EV-to-EBIT Chart

Gray Media Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.22 8.40 21.47 7.10 20.27

Gray Media Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.81 9.35 11.78 20.27 21.01

STU:GCZB vs IHRT, SSP, FUBO: EV-to-EBIT Comparison

For the Broadcasting subindustry, Gray Media's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gray Media EV-to-EBIT vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Gray Media's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Gray Media's EV-to-EBIT falls into.


STU:GCZB
63GF Score
Gray Media Inc STU:GCZB
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gray Media EV-to-EBIT Calculation

Gray Media's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=5794.623/305.885
=18.94

Gray Media's current Enterprise Value is €5,795 Mil.
Gray Media's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €306 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 18.94 mean?
Gray Media (STU:GCZB) has a EV-to-EBIT of 18.94 as of Aug. 05, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Gray Media and its competitors. This is 77% above median its historical median of 10.71. Over the past decade, Gray Media's EV-to-EBIT has ranged from 1.66 to 25.58. According to the industry distribution chart, Gray Media ranks #452 out of 642 companies in the Media - Diversified industry, placing it in the top 70.4%.
Is Gray Media's EV-to-EBIT too high?
Gray Media's current EV-to-EBIT of 18.94 is 77% above median its 10-year median of 10.71. Over the past 10 years, this metric has ranged from a low of 1.66 to a high of 25.58. The Media - Diversified industry median EV-to-EBIT is 10.63. Gray Media's value of 18.94 is 78.2% above this industry median. Based on the distribution chart, Gray Media ranks #452 out of 642 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Gray Media has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does Gray Media's EV-to-EBIT compare to IHRT and SSP?
According to the Media - Diversified industry distribution chart, Gray Media ranks #452 out of 642 companies for EV-to-EBIT. This places Gray Media in the lower half of its industry. The industry median EV-to-EBIT is 10.63. Gray Media's value of 18.94 is 78.2% above this benchmark. Historically, Gray Media's own EV-to-EBIT has ranged from 1.66 to 25.58 over the past decade. While the company's 10-year median is 10.71 vs. the industry median of 10.63, Gray Media has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Media - Diversified company?
The median EV-to-EBIT among Media - Diversified companies is 10.63, based on 642 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gray Media's current EV-to-EBIT of 18.94 is 78.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Gray Media and its competitors. For the Media - Diversified industry, the median EV-to-EBIT is 10.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gray Media's current EV-to-EBIT is 18.94, which is 77% above median its own 10-year median of 10.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gray Media stock overvalued right now?
Gray Media (STU:GCZB) has a current EV-to-EBIT of 18.94. The stock's GF Value™ is €4.15, compared to a current price of €3.70 — trading 10.8% below its estimated fair value. The current EV-to-EBIT is 18.94, which is 77% above median its 10-year median of 10.71 and 78.2% above the Media - Diversified industry median of 10.63. Gray Media's overall GF Score™ is 63/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Gray Media (STU:GCZB), the current EV-to-EBIT is 18.94 as of Aug. 05, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Gray Media (STU:GCZB) Overvalued in 2026?

Based on GuruFocus' analysis, Gray Media stock appears to be undervalued. The current stock price of €3.70 is trading 10.8% below its estimated GF Value™ of €4.15.

Key valuation signals for STU:GCZB:

  • EV-to-EBIT: 18.94 (77% above median its 10-year median of 10.71)
  • GF Value™: €4.15 vs. price of €3.70 (10.8% below fair value)
  • GF Score™: 63/100 with 8 warning signs
  • Industry Position: 78.2% above the Media - Diversified median (#452 of 642)

No single metric tells the full story. See the STU:GCZB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gray Media Business Description

Other Exchanges GTN.A:USAGTN:USA
Address 4370 Peachtree Road NE, Suite 400, Atlanta, GA, USA, 30319
Gray Media Inc is a multimedia company. The company owns and operates local television stations and digital assets. It also owns Gray Digital Media, a full-service digital agency offering national and local clients digital marketing strategies with digital products and services. Its additional media properties include video production companies Raycom Sports, Tupelo Media Group, and PowerNation Studios, and studio production facilities Assembly Atlanta and Third Rail Studios. The company's segments include Broadcasting and Production Companies. The majority of revenue is derived from broadcast and digital advertising and from retransmission consent fees.
63GF Score

Get the complete analysis for STU:GCZB

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€3.70
Price
€4.15
GF Value