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Stingray GroupTSX:RAY +1.17%83 Net Margin % is 4.17% as of Jun. 2026, which is 40% below its 10-year median of 6.93. GuruFocus rates TSX:RAY with a GF Score™ of 83/100 and a GF Value™ of C$12.04 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,010 Media - Diversified companies, Stingray Group ranks worse than 66.73% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Stingray Group's Net Income for the
three
months ended in Jun. 2026 was C$6.6 Mil. Stingray Group's Revenue for the
three
months ended in Jun. 2026 was C$158.0 Mil. Therefore, Stingray Group's net margin for the quarter that ended in Jun. 2026 was 4.17%.
The historical rank and industry rank for Stingray Group's Net Margin % or its related term are showing as below:
TSX:RAY'
s Net Margin % Range Over the Past 10 Years
Min: -6.06 Med: 6.93 Max: 18.2
Current: -6.06
TSX:RAY's Net Margin % is ranked worse than 66.73% of 1010
companies
in the Media - Diversified industry
Industry Median: 1.225
vs TSX:RAY: -6.06
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Stingray Group Net Margin % Related Terms
Stingray Group Net Margin % Historical Data
* Premium members only.
The historical data trend for Stingray Group's Net Margin % 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, Stingray Group's Net Margin %, along with its competitors' market caps and Net Margin % 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.
Stingray Group Net Margin % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Stingray Group's Net Margin % distribution charts can be found below:
* The bar in red indicates where Stingray Group's Net Margin % falls into.
* 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.
Stingray Group (TSX:RAY) has a Net Margin % of 4.17% as of Jun. 2026. Net margin is the ratio of total net income to net sales. View historical data on Stingray Group and its competitors. This is 40% below median its historical median of 6.93. According to the industry distribution chart, Stingray Group ranks #674 out of 1010 companies in the Media - Diversified industry, placing it in the top 66.7%.
Is Stingray Group's Net Margin % too high?
Stingray Group's current Net Margin % of 4.17% is 40% below median its 10-year median of 6.93. The Media - Diversified industry median Net Margin % is 1.23. Stingray Group's value of 4.17% is 240.4% above this industry median. Based on the distribution chart, Stingray Group ranks #674 out of 1010 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Stingray Group has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Stingray Group's Net Margin % compare to NXST?
According to the Media - Diversified industry distribution chart, Stingray Group ranks #674 out of 1010 companies for Net Margin %. This places Stingray Group in the lower half of its industry. The industry median Net Margin % is 1.23. Stingray Group's value of 4.17% is 240.4% above this benchmark. While the company's 10-year median is 6.93 vs. the industry median of 1.23, Stingray Group 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 Net Margin % for a Media - Diversified company?
The median Net Margin % among Media - Diversified companies is 1.23, based on 1,010 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Stingray Group's current Net Margin % of 4.17% is 240.4% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Stingray Group and its competitors. For the Media - Diversified industry, the median Net Margin % is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stingray Group's current Net Margin % is 4.17%, which is 40% below median its own 10-year median of 6.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stingray Group stock overvalued right now?
Based on GuruFocus' analysis, Stingray Group (TSX:RAY) is currently considered Modestly Overvalued. The stock's GF Value™ is C$12.04, compared to a current price of C$15.59 — trading 29.5% above its estimated fair value. The current Net Margin % is 4.17%, which is 40% below median its 10-year median of 6.93 and 240.4% above the Media - Diversified industry median of 1.23. Stingray Group's overall GF Score™ is 83/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Stingray Group (TSX:RAY), the current Net Margin % is 4.17% as of Jun. 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 Stingray Group (TSX:RAY) Overvalued in 2026?
Based on GuruFocus' analysis, Stingray Group stock appears to be overvalued.
The current stock price of C$15.59 is trading 29.5% above its estimated GF Value™ of C$12.04.
GuruFocus considers Stingray Group to be Modestly Overvalued.
Key valuation signals for TSX:RAY:
Net Margin %: 4.17% (40% below median its 10-year median of 6.93)
GF Value™: C$12.04 vs. price of C$15.59 (29.5% above fair value)
Industry Position: 240.4% above the Media - Diversified median (#674 of 1010)
No single metric tells the full story. See the TSX:RAY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Stingray Group Inc is a provider of multi-platform music services. It broadcasts music and video content on several platforms, including radio stations, premium television channels, digital TV, satellite TV, IPTV, the Internet, mobile devices, and game consoles. The company's reportable segments are: Broadcasting and commercial music, Radio, and Corporate and eliminations. The maximum revenue is generated from its Broadcasting and commercial music segment, which specializes in the broadcast of music and videos on multiple platforms and digital signage experiences and generates revenues from subscriptions or contracts. Geographically, the company derives its key revenue from Canada and the rest from the United States and other countries.
83GF Score
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