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Added to YB: 2025-01-20

Pitch date: 2025-01-14

GTN [bullish]

Gray Media, Inc.

+59.27%

current return

Author Info

No bio for this author

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

$3.22

Price Target

N/A

Dividend

6.63%

EV/EBITDA

6.21

P/E

3.15

EV/Sales

1.87

Sector

Media

Category

value

Show full summary:
Miller Deep Value Select Strategy Portfolio Holding: Gray Media, Inc.

GTN: Leading local TV broadcaster, 90% #1/#2 in markets. $500M debt repurchase, strong FCF. Low retrans expectations, renewed ABC affiliation. New JV for ATSC 3.0 data transmission, $7B+ market. $2B FCF potential over 5-6 years. Undervalued at <2025 OCF, fraction of book value. Upside multiples of current price.

Read full article (2 min)