We Think Glacier Media's (TSE:GVC) Healthy Earnings Might Be Conservative
Mar 27
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- 7D9.1%
- 3M10.9%
- 1Y74.0%
- YTD15.1%
In the last week, the Media industry is up 9.1%, with Stingray Group up 5.4%. Meanwhile, TVA Group actually underperformed within the industry, shrinking 7.8% in the last week. This means that the industry has gained 74% over the past year. 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 |
|---|---|---|---|---|---|---|
| Mon, 20 Apr 2026 | CA$1.3b | CA$1.2b | CA$54.6m | 5.2x | 23.3x | 1.1x |
| Wed, 18 Mar 2026 | CA$1.1b | CA$1.2b | CA$28.9m | 6.9x | 37.5x | 0.9x |
| Fri, 13 Feb 2026 | CA$1.3b | CA$1.2b | -CA$4,101,605.43 | 10.2x | -313.4x | 1.1x |
| Sun, 11 Jan 2026 | CA$1.1b | CA$1.1b | CA$4.0m | 10.2x | 276x | 1x |
| Tue, 09 Dec 2025 | CA$1.1b | CA$1.1b | CA$4.1m | 5.7x | 262.1x | 0.9x |
| Thu, 06 Nov 2025 | CA$864.9m | CA$1.1b | -CA$7,969,482.41 | 7.3x | -108.5x | 0.8x |
| Sat, 04 Oct 2025 | CA$818.0m | CA$1.1b | -CA$13,354,137.90 | 7.3x | -61.3x | 0.7x |
| Mon, 01 Sep 2025 | CA$764.5m | CA$1.1b | -CA$13,326,914.13 | 4.8x | -57.4x | 0.7x |
| Wed, 30 Jul 2025 | CA$799.1m | CA$1.1b | -CA$16,837,954.96 | 2.6x | -47.5x | 0.7x |
| Fri, 27 Jun 2025 | CA$770.8m | CA$1.1b | -CA$16,393,599.69 | 3.2x | -47x | 0.7x |
| Sun, 25 May 2025 | CA$646.4m | CA$1.1b | -CA$64,124,619.95 | 2.6x | -10.1x | 0.6x |
| Tue, 22 Apr 2025 | CA$699.4m | CA$1.1b | -CA$69,035,454.26 | 2.9x | -10.1x | 0.6x |
| Thu, 20 Mar 2025 | CA$692.9m | CA$1.1b | -CA$134,589,279.15 | 4x | -5.1x | 0.6x |
| Sat, 15 Feb 2025 | CA$701.1m | CA$1.1b | -CA$149,293,422.76 | 4.2x | -4.7x | 0.6x |
| Mon, 13 Jan 2025 | CA$619.3m | CA$1.1b | -CA$155,942,163.95 | 4.2x | -4x | 0.6x |
| Wed, 11 Dec 2024 | CA$699.9m | CA$1.2b | -CA$158,935,087.06 | 3.9x | -4.4x | 0.6x |
| Fri, 08 Nov 2024 | CA$713.1m | CA$1.2b | -CA$163,915,045.06 | 4.2x | -4.4x | 0.6x |
| Sun, 06 Oct 2024 | CA$653.5m | CA$1.2b | -CA$163,525,323.51 | 4.3x | -4x | 0.6x |
| Tue, 03 Sep 2024 | CA$677.5m | CA$1.2b | -CA$165,917,813.40 | 4.3x | -4.1x | 0.6x |
| Thu, 01 Aug 2024 | CA$720.1m | CA$1.2b | -CA$171,798,689.02 | 5.2x | -4.2x | 0.6x |
| Sat, 29 Jun 2024 | CA$670.4m | CA$2.6b | -CA$590,329,235.21 | 5.9x | -1.1x | 0.3x |
| Mon, 27 May 2024 | CA$778.1m | CA$2.6b | -CA$540,730,115.86 | 10.6x | -1.4x | 0.3x |
| Wed, 24 Apr 2024 | CA$995.1m | CA$2.8b | -CA$748,494,168.59 | 13.8x | -1.3x | 0.4x |
| Fri, 22 Mar 2024 | CA$3.6b | CA$5.7b | -CA$285,061,805.46 | 10.4x | -12.7x | 0.6x |
| Sun, 18 Feb 2024 | CA$3.8b | CA$5.8b | -CA$269,434,988.46 | 10.3x | -14x | 0.7x |
| Tue, 16 Jan 2024 | CA$24.0b | CA$11.3b | CA$471.0m | 15.6x | 51x | 2.1x |
| Thu, 14 Dec 2023 | CA$23.7b | CA$11.3b | CA$491.2m | 15x | 48.2x | 2.1x |
| Sat, 11 Nov 2023 | CA$23.7b | CA$11.8b | CA$1.0b | 7.5x | 22.8x | 2x |
| Mon, 09 Oct 2023 | CA$24.0b | CA$11.8b | CA$644.7m | 8.5x | 37.2x | 2x |
| Wed, 06 Sep 2023 | CA$24.3b | CA$11.8b | CA$644.6m | 10x | 37.7x | 2.1x |
| Fri, 04 Aug 2023 | CA$32.3b | CA$19.3b | CA$1.4b | 10.8x | 23.7x | 1.7x |
| Sun, 02 Jul 2023 | CA$33.0b | CA$19.3b | CA$1.4b | 11.9x | 22.9x | 1.7x |
| Tue, 30 May 2023 | CA$33.0b | CA$19.4b | CA$2.0b | 12.7x | 16.8x | 1.7x |
| Thu, 27 Apr 2023 | CA$33.2b | CA$19.3b | CA$2.0b | 13.2x | 16.8x | 1.7x |
Price to Earnings Ratio
16.8x
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 | 1.29% | |
| Telecom | 1.86% | |
| Media | 9.05% | |
| Broadcasting | 9.46% | |
| Publishing | 4.50% | |
| Advertising | 3.54% | |
| 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 6.0x.
- 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$16.31 | 5.4% +CA$56.5m | 89.9% | PE25.4x | |
| PNC.B Postmedia Network Canada | CA$1.00 | 5.3% +CA$5.0m | -9.1% | PS0.2x | |
| GVC Glacier Media | CA$0.34 | 11.7% +CA$4.6m | 123.3% | PE6.8x | |
| SPN Snipp Interactive | CA$0.06 | 9.1% +CA$1.4m | -14.3% | PS0.5x | |
| SBIO Sabio Holdings | CA$0.25 | 8.7% +CA$1.1m | -47.9% | PS0.2x |