We Think Glacier Media's (TSE:GVC) Healthy Earnings Might Be Conservative
Mar 27
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- 7D2.4%
- 3M3.1%
- 1Y51.1%
- YTD2.0%
Over the last 7 days, the Media industry has risen 4.2%, driven by gains from Stingray Group of 2.5%. This takes the industry's 12 month performance to a gain of 52%. Looking forward, earnings are forecast to grow by 42% annually.
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 |
|---|---|---|---|---|---|---|
| Fri, 27 Mar 2026 | CA$1.1b | CA$1.2b | CA$54.8m | 6.3x | 20.9x | 1x |
| Sun, 22 Feb 2026 | CA$1.2b | CA$1.2b | CA$28.9m | 7.5x | 42.7x | 1x |
| Tue, 20 Jan 2026 | CA$1.2b | CA$1.1b | CA$4.0m | 9.6x | 286.2x | 1x |
| Thu, 18 Dec 2025 | CA$1.1b | CA$1.1b | CA$4.1m | 5.7x | 263.2x | 0.9x |
| Sat, 15 Nov 2025 | CA$998.9m | CA$1.1b | CA$4.7m | 6.7x | 212.3x | 0.9x |
| Mon, 13 Oct 2025 | CA$804.2m | CA$1.1b | -CA$13,360,118.69 | 7.9x | -60.2x | 0.7x |
| Wed, 10 Sep 2025 | CA$783.9m | CA$1.1b | -CA$13,342,387.26 | 5.5x | -58.8x | 0.7x |
| Fri, 08 Aug 2025 | CA$798.6m | CA$1.1b | -CA$9,237,969.00 | 2.9x | -86.4x | 0.7x |
| Sun, 06 Jul 2025 | CA$805.8m | CA$1.1b | -CA$16,837,737.71 | 2.9x | -47.9x | 0.7x |
| Tue, 03 Jun 2025 | CA$617.1m | CA$1.1b | -CA$62,638,711.00 | 2.9x | -9.9x | 0.6x |
| Thu, 01 May 2025 | CA$693.1m | CA$1.1b | -CA$69,027,287.86 | 3.2x | -10x | 0.6x |
| Sat, 29 Mar 2025 | CA$713.5m | CA$1.1b | -CA$69,893,692.61 | 3.8x | -10.2x | 0.6x |
| Mon, 24 Feb 2025 | CA$724.4m | CA$1.1b | -CA$134,573,774.35 | 3.9x | -5.4x | 0.6x |
| Wed, 22 Jan 2025 | CA$605.3m | CA$1.1b | -CA$155,927,373.51 | 3.8x | -3.9x | 0.5x |
| Fri, 20 Dec 2024 | CA$616.2m | CA$1.1b | -CA$155,776,617.09 | 3.8x | -4x | 0.5x |
| Sun, 17 Nov 2024 | CA$730.2m | CA$1.2b | -CA$159,720,995.32 | 3.7x | -4.6x | 0.6x |
| Tue, 15 Oct 2024 | CA$646.2m | CA$1.2b | -CA$163,565,131.26 | 3.8x | -4x | 0.5x |
| Thu, 12 Sep 2024 | CA$633.6m | CA$1.2b | -CA$163,524,481.91 | 4.3x | -3.9x | 0.5x |
| Sat, 10 Aug 2024 | CA$695.3m | CA$1.2b | -CA$173,656,700.66 | 5.4x | -4x | 0.6x |
| Mon, 08 Jul 2024 | CA$677.6m | CA$2.6b | -CA$590,314,147.25 | 5.6x | -1.1x | 0.3x |
| Wed, 05 Jun 2024 | CA$729.2m | CA$2.6b | -CA$539,562,512.57 | 5.9x | -1.4x | 0.3x |
| Fri, 03 May 2024 | CA$790.0m | CA$2.6b | -CA$547,990,202.95 | 13.2x | -1.4x | 0.3x |
| Sun, 31 Mar 2024 | CA$3.6b | CA$5.8b | -CA$383,855,449.14 | 10.5x | -9.4x | 0.6x |
| Tue, 27 Feb 2024 | CA$3.6b | CA$5.7b | -CA$285,050,741.39 | 10.2x | -12.6x | 0.6x |
| Thu, 25 Jan 2024 | CA$24.1b | CA$11.3b | CA$471.0m | 16x | 51.2x | 2.1x |
| Sat, 23 Dec 2023 | CA$23.9b | CA$11.3b | CA$491.3m | 15.1x | 48.7x | 2.1x |
| Mon, 20 Nov 2023 | CA$23.6b | CA$11.3b | CA$490.6m | 8.9x | 48.1x | 2.1x |
| Wed, 18 Oct 2023 | CA$24.0b | CA$11.8b | CA$644.7m | 8.6x | 37.2x | 2x |
| Fri, 15 Sep 2023 | CA$24.2b | CA$11.8b | CA$644.7m | 10.3x | 37.5x | 2.1x |
| Sun, 13 Aug 2023 | CA$33.1b | CA$19.7b | CA$1.3b | 10.1x | 24.7x | 1.7x |
| Tue, 11 Jul 2023 | CA$33.1b | CA$19.3b | CA$1.4b | 11.9x | 22.9x | 1.7x |
| Thu, 08 Jun 2023 | CA$32.9b | CA$19.3b | CA$2.0b | 12.2x | 16.7x | 1.7x |
| Sat, 06 May 2023 | CA$32.9b | CA$19.3b | CA$2.0b | 13x | 16.6x | 1.7x |
| Mon, 03 Apr 2023 | CA$33.2b | CA$19.3b | CA$2.0b | 12.9x | 16.4x | 1.7x |
Price to Earnings Ratio
16.4x
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 23.1x.
- The industry is trading close to its 3-year average PS ratio of 1.0x.
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 | 0.27% | |
| Telecom | -0.14% | |
| Media | 2.36% | |
| Advertising | 3.22% | |
| Publishing | 2.79% | |
| Broadcasting | 2.31% | |
| Cable and Satellite | 0% | 0 |
Industry PE
- Investors are most optimistic about the Broadcasting industry which is trading above its 3-year average PE ratio of 5.4x.
- 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 | |
|---|---|---|---|---|---|
| RAY Stingray Group | CA$14.35 | 2.5% +CA$23.8m | 59.6% | PE22.3x | |
| INIK Ionik | CA$0.045 | 50.0% +CA$5.4m | -52.6% | PS0.06x | |
| QYOU QYOU Media | CA$0.35 | 12.9% +CA$2.1m | -2.8% | PS0.6x | |
| SPN Snipp Interactive | CA$0.055 | 10.0% +CA$1.4m | -26.7% | PS0.5x | |
| GVC Glacier Media | CA$0.31 | 3.3% +CA$1.3m | 93.8% | PE6.3x |