Gray MediaSTU:GCZB +1.15%64 EV-to-FCF is 148.89 as of Jul. 02, 2026, which is 730% above its 10-year median of 17.94. GuruFocus rates STU:GCZB with a GF Score™ of 64/100 and a GF Value™ of €3.80 (Fairly Valued). The stock has 8 warning signs investors should review. Among 611 Media - Diversified companies, Gray Media ranks worse than 93.62% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Gray Media's Enterprise Value is €5,835 Mil.
Gray Media's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €39 Mil. Therefore, Gray Media's EV-to-FCF for today is 148.89.
The historical rank and industry rank for Gray Media's EV-to-FCF or its related term are showing as below:
STU:GCZB'
s EV-to-FCF Range Over the Past 10 Years
Min: 2.01 Med: 17.94 Max: 242.31
Current: 144.44
During the past 13 years, the highest EV-to-FCF of Gray Media was 242.31. The lowest was 2.01. And the median was 17.94.
STU:GCZB's EV-to-FCF is ranked worse than 93.62% of 611
companies
in the Media - Diversified industry
Industry Median: 11.49
vs STU:GCZB: 144.44
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Gray Media's share price for today is €3.52.
Gray Media's Earnings per Share (Diluted) 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 €-1.319.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Gray Media EV-to-FCF Related Terms
Gray Media EV-to-FCF Historical Data
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The historical data trend for Gray Media's EV-to-FCF 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.
For the Broadcasting subindustry, Gray Media's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Gray Media's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Gray Media's EV-to-FCF falls into.
Gray Media's current Enterprise Value is €5,835 Mil.
Gray Media's Free Cash Flow 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 €39 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 (STU:GCZB) has a EV-to-FCF of 148.89 as of Jul. 02, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Gray Media and its competitors. This is 730% above median its historical median of 17.94. Over the past decade, Gray Media's EV-to-FCF has ranged from 2.01 to 242.31. According to the industry distribution chart, Gray Media ranks #572 out of 611 companies in the Media - Diversified industry, placing it in the top 93.6%.
Is Gray Media's EV-to-FCF too high?
Gray Media's current EV-to-FCF of 148.89 is 730% above median its 10-year median of 17.94. Over the past 10 years, this metric has ranged from a low of 2.01 to a high of 242.31. The Media - Diversified industry median EV-to-FCF is 11.49. Gray Media's value of 148.89 is 1195.8% above this industry median. Based on the distribution chart, Gray Media ranks #572 out of 611 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Gray Media has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gray Media's EV-to-FCF compare to CAST and FUBO?
According to the Media - Diversified industry distribution chart, Gray Media ranks #572 out of 611 companies for EV-to-FCF. This places Gray Media in the lower half of its industry. The industry median EV-to-FCF is 11.49. Gray Media's value of 148.89 is 1195.8% above this benchmark. Historically, Gray Media's own EV-to-FCF has ranged from 2.01 to 242.31 over the past decade. While the company's 10-year median is 17.94 vs. the industry median of 11.49, 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-FCF for a Media - Diversified company?
The median EV-to-FCF among Media - Diversified companies is 11.49, based on 611 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gray Media's current EV-to-FCF of 148.89 is 1195.8% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Gray Media and its competitors. For the Media - Diversified industry, the median EV-to-FCF is 11.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gray Media's current EV-to-FCF is 148.89, which is 730% above median its own 10-year median of 17.94. 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?
Based on GuruFocus' analysis, Gray Media (STU:GCZB) is currently considered Fairly Valued. The stock's GF Value™ is €3.80, compared to a current price of €3.52 — trading 7.4% below its estimated fair value. The current EV-to-FCF is 148.89, which is 730% above median its 10-year median of 17.94 and 1195.8% above the Media - Diversified industry median of 11.49. Gray Media's overall GF Score™ is 64/100 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-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Gray Media (STU:GCZB), the current EV-to-FCF is 148.89 as of Jul. 02, 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 €3.52 is trading 7.4% below its estimated GF Value™ of €3.80.
GuruFocus considers Gray Media to be Fairly Valued.
Key valuation signals for STU:GCZB:
EV-to-FCF: 148.89 (730% above median its 10-year median of 17.94)
GF Value™: €3.80 vs. price of €3.52 (7.4% below fair value)
Industry Position: 1195.8% above the Media - Diversified median (#572 of 611)
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 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.
64GF Score
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