Added to YB: 2025-12-29
Pitch date: 2025-12-27
RAY.TO [bullish]
Stingray Group Inc.
+23.93%
current return
Author Info
Aurelion Research is a research analyst with a passion for markets, specializing in high‑conviction ideas across shipping, offshore drilling, and thematic equity research. Sign up for the newsletter.
Company Info
Stingray Group Inc. operates as a music, media, and technology company in Canada, the United States, and internationally.
Market Cap
CAD 1.0B
Pitch Price
CAD 8.11
Price Target
N/A
Dividend
2.21%
EV/EBITDA
12.01
P/E
-36.67
EV/Sales
3.34
Sector
Media
Category
value
Actionnable Idea #2 : Stingray Group
RAY.TO: Canadian audio/music platform acquired TuneIn; strong 30%+ upside if cost synergies land on schedule & leverage trends down. Stable FCF conversion (~EBITDA→FCF historically reliable), trades 6.8x FY25E EV/EBITDA & 5.7x FY26E. NAV rises materially into FY27E-28E if execution holds. Key risks: integration timing & ad demand volatility.
Read full article (4 min)