We Think Glacier Media's (TSE:GVC) Healthy Earnings Might Be Conservative
Mar 27
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- 7D-2.6%
- 3M4.9%
- 1Y66.9%
- YTD5.6%
Over the last 7 days, the Media industry has dropped 2.6%, driven by Stingray Group declining 3.2%. Meanwhile, TVA Group actually outperformed within the industry, gaining 10% in the last week. This takes the industry's 12 month performance to a gain of 67%. As for the next few years, earnings are expected to grow by 42% per annum.
Industry Valuation and Performance
Has the Canadian Media Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 12 Apr 2026 | CA$1.2b | CA$1.2b | CA$54.8m | 6.5x | 21.3x | 1x |
| Tue, 10 Mar 2026 | CA$1.2b | CA$1.2b | CA$28.9m | 7.4x | 41.5x | 1x |
| Thu, 05 Feb 2026 | CA$1.2b | CA$1.1b | CA$4.1m | 10.2x | 301.8x | 1.1x |
| Sat, 03 Jan 2026 | CA$1.1b | CA$1.1b | CA$4.1m | 9.6x | 268.7x | 1x |
| Mon, 01 Dec 2025 | CA$1.1b | CA$1.2b | CA$4.1m | 7x | 277.1x | 1x |
| Wed, 29 Oct 2025 | CA$887.9m | CA$1.1b | -CA$13,352,164.98 | 7.9x | -66.5x | 0.8x |
| Fri, 26 Sep 2025 | CA$796.7m | CA$1.1b | -CA$13,352,872.26 | 7.3x | -59.7x | 0.7x |
| Sun, 24 Aug 2025 | CA$768.4m | CA$1.1b | -CA$13,391,659.63 | 3.1x | -57.4x | 0.7x |
| Tue, 22 Jul 2025 | CA$808.2m | CA$1.1b | -CA$16,837,867.55 | 2.6x | -48x | 0.7x |
| Thu, 19 Jun 2025 | CA$771.0m | CA$1.1b | -CA$16,393,710.10 | 2.6x | -47x | 0.7x |
| Sat, 17 May 2025 | CA$670.4m | CA$1.1b | -CA$65,016,136.89 | 2.6x | -10.3x | 0.6x |
| Mon, 14 Apr 2025 | CA$668.6m | CA$1.1b | -CA$69,824,562.32 | 3.8x | -9.6x | 0.6x |
| Wed, 12 Mar 2025 | CA$678.5m | CA$1.1b | -CA$134,603,501.35 | 3.8x | -5x | 0.6x |
| Fri, 07 Feb 2025 | CA$715.5m | CA$1.1b | -CA$149,315,243.13 | 4.2x | -4.8x | 0.6x |
| Sun, 05 Jan 2025 | CA$632.5m | CA$1.1b | -CA$155,945,070.09 | 3.8x | -4.1x | 0.6x |
| Tue, 03 Dec 2024 | CA$704.2m | CA$1.2b | -CA$158,914,403.17 | 3.7x | -4.4x | 0.6x |
| Thu, 31 Oct 2024 | CA$646.4m | CA$1.2b | -CA$163,596,565.08 | 4.2x | -4x | 0.5x |
| Sat, 28 Sep 2024 | CA$632.1m | CA$1.2b | -CA$163,513,604.21 | 4.7x | -3.9x | 0.5x |
| Mon, 26 Aug 2024 | CA$684.5m | CA$1.2b | -CA$168,244,656.08 | 4.5x | -4.1x | 0.6x |
| Wed, 24 Jul 2024 | CA$674.1m | CA$1.2b | -CA$170,658,148.71 | 5.6x | -3.9x | 0.6x |
| Fri, 21 Jun 2024 | CA$677.3m | CA$2.6b | -CA$590,329,443.12 | 5.5x | -1.1x | 0.3x |
| Sun, 19 May 2024 | CA$774.7m | CA$2.6b | -CA$540,710,893.86 | 10.6x | -1.4x | 0.3x |
| Tue, 16 Apr 2024 | CA$1.0b | CA$2.8b | -CA$748,544,158.81 | 14.3x | -1.4x | 0.4x |
| Thu, 14 Mar 2024 | CA$3.6b | CA$5.7b | -CA$285,036,487.31 | 10.3x | -12.6x | 0.6x |
| Sat, 10 Feb 2024 | CA$3.7b | CA$5.8b | -CA$269,423,359.07 | 9.9x | -13.8x | 0.6x |
| Mon, 08 Jan 2024 | CA$24.1b | CA$11.3b | CA$491.2m | 15.5x | 49x | 2.1x |
| Wed, 06 Dec 2023 | CA$23.8b | CA$11.3b | CA$491.2m | 15x | 48.5x | 2.1x |
| Fri, 03 Nov 2023 | CA$23.7b | CA$11.8b | CA$1.0b | 7.6x | 22.7x | 2x |
| Sun, 01 Oct 2023 | CA$24.1b | CA$11.8b | CA$644.7m | 10x | 37.4x | 2.1x |
| Tue, 29 Aug 2023 | CA$32.1b | CA$19.7b | CA$1.3b | 9.9x | 23.9x | 1.6x |
| Thu, 27 Jul 2023 | CA$32.9b | CA$19.3b | CA$1.4b | 12.1x | 24.1x | 1.7x |
| Sat, 24 Jun 2023 | CA$32.5b | CA$19.3b | CA$2.0b | 11.8x | 16.5x | 1.7x |
| Mon, 22 May 2023 | CA$33.4b | CA$19.4b | CA$2.0b | 13.4x | 17x | 1.7x |
| Wed, 19 Apr 2023 | CA$33.5b | CA$19.3b | CA$2.0b | 12.8x | 16.9x | 1.7x |
Price to Earnings Ratio
16.9x
Current Industry PE
- Investors are relatively neutral on the Canadian Media industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 23.2x.
- The industry is trading close to its 3-year average PS ratio of 0.99x.
Past Earnings Growth
- The earnings for companies in the Media industry have declined 70% per year over the last three years,
- Revenues have also declined 60% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Canadian Telecom industry?
| CA Market | 2.05% | |
| Telecom | -7.02% | |
| Media | -2.61% | |
| Advertising | 1.04% | |
| Cable and Satellite | 0% | 0 |
| Broadcasting | -2.64% | |
| Publishing | -4.75% | |
Industry PE
- Investors are most optimistic about the Broadcasting industry which is trading above its 3-year average PE ratio of 5.8x.
- Analysts are expecting annual earnings growth of 41.7% and investors are willing to pay a premium for that growth.
Forecasted Growth
- Analysts are most optimistic on the Broadcasting industry, expecting annual earnings growth of 42% over the next 5 years.
- In contrast, the Broadcasting industry is expected to see its earnings grow by 42% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TVA.B TVA Group | CA$1.30 | 10.2% +CA$5.2m | 62.5% | PE3.8x | |
| ICGH IC Group Holdings | CA$0.56 | 1.8% +CA$412.9k | -22.2% | PS0.9x | |
| FP FP Newspapers | CA$0.70 | 2.9% +CA$138.1k | 40.0% | PE3.5x | |
| PNC.B Postmedia Network Canada | CA$0.95 | 0% CA$3.5k | n/a | PS0.2x |