Added to YB: 2024-11-19
Pitch date: 2024-11-17
GTN [neutral]
Gray Media, Inc.
+22.15%
current return
Author Info
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Company Info
Gray Media, Inc., a multimedia company, owns and/or operates television stations and digital assets in the United States.
Market Cap
$506.1M
Pitch Price
$4.36
Price Target
N/A
Dividend
6.63%
EV/EBITDA
6.21
P/E
3.15
EV/Sales
1.87
Sector
Media
Category
value
Idea List: Issue #14 - Gray Television, Inc.
GTN pass: TV broadcaster at 0.25x P/B, $500M mkt cap. $5.9B debt vs $2.7B equity. TTM EBITDA $1.06B. $2.6B goodwill inflates book value. Election-year revenue boost, but political ads underperformed. Debt repayment strategy relies on election cycles. Declining industry, high debt risk. Potential consolidation under Trump admin.
Read full article (2 min)