Executive Summary
GTN Limited, together with its subsidiaries, operates broadcast media advertising platforms that supply traffic information reports to radio and/or television stations. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with reasonable growth potential.
Share Price & News
How has GTN's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GTN is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: GTN's weekly volatility (10%) has been stable over the past year.
Market Performance
7 Day Return
-5.2%
GTN
5.1%
AU Media
-0.3%
AU Market
1 Year Return
-25.7%
GTN
12.1%
AU Media
11.2%
AU Market
Return vs Industry: GTN underperformed the Australian Media industry which returned 12.1% over the past year.
Return vs Market: GTN underperformed the Australian Market which returned 11.2% over the past year.
Shareholder returns
| GTN | Industry | Market | |
|---|---|---|---|
| 7 Day | -5.2% | 5.1% | -0.3% |
| 30 Day | 26.4% | 16.5% | 2.7% |
| 90 Day | 14.6% | 18.6% | 4.4% |
| 1 Year | -24.2%-25.7% | 27.8%12.1% | 14.7%11.2% |
| 3 Year | -68.8%-72.6% | -11.2%-30.0% | 30.8%15.1% |
| 5 Year | n/a | 7.8%-26.4% | 62.3%30.7% |
Long-Term Price Volatility Vs. Market
How volatile is GTN's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
A Look At GTN's (ASX:GTN) CEO Remuneration1 month ago | Simply Wall St
Read This Before Selling GTN Limited (ASX:GTN) Shares2 months ago | Simply Wall St
How Much Did GTN's(ASX:GTN) Shareholders Earn From Share Price Movements Over The Last Three Years?Valuation
Is GTN undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GTN (A$0.55) is trading below our estimate of fair value (A$1.88)
Significantly Below Fair Value: GTN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GTN is unprofitable, so we can't compare its PE Ratio to the AU Media industry average.
PE vs Market: GTN is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GTN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GTN is good value based on its PB Ratio (0.5x) compared to the AU Media industry average (1.6x).
Next Steps
Future Growth
How is GTN forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
47.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GTN is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: GTN is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: GTN's is expected to become profitable in the next 3 years.
Revenue vs Market: GTN's revenue (11.4% per year) is forecast to grow faster than the Australian market (5.4% per year).
High Growth Revenue: GTN's revenue (11.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GTN's Return on Equity is forecast to be low in 3 years time (10.8%).
Next Steps
Past Performance
How has GTN performed over the past 5 years?
22.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GTN is currently unprofitable.
Growing Profit Margin: GTN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GTN is unprofitable, but has reduced losses over the past 5 years at a rate of 22.3% per year.
Accelerating Growth: Unable to compare GTN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GTN is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (-2.2%).
Return on Equity
High ROE: GTN has a negative Return on Equity (-3.18%), as it is currently unprofitable.
Next Steps
Financial Health
How is GTN's financial position?
Financial Position Analysis
Short Term Liabilities: GTN's short term assets (A$93.1M) exceed its short term liabilities (A$36.5M).
Long Term Liabilities: GTN's short term assets (A$93.1M) exceed its long term liabilities (A$83.5M).
Debt to Equity History and Analysis
Debt Level: GTN's debt to equity ratio (27.2%) is considered satisfactory.
Reducing Debt: GTN's debt to equity ratio has reduced from 44% to 27.2% over the past 5 years.
Debt Coverage: GTN's debt is well covered by operating cash flow (20.4%).
Interest Coverage: Insufficient data to determine if GTN's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is GTN current dividend yield, its reliability and sustainability?
6.41%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GTN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GTN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GTN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GTN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: GTN is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GTN's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.5yrs
Average board tenure
CEO
Bill Yde (67 yo)
16.17yrs
Tenure
AU$1,661,650
Compensation
Mr. William L. Yde, III, also known as Bill, has been Chief Executive Officer, Managing Director and President of GTN Limited since 2005. Mr. Yde has been Chairman, Chief Executive Officer and President of...
CEO Compensation Analysis
Compensation vs Market: Bill's total compensation ($USD1.29M) is above average for companies of similar size in the Australian market ($USD293.87K).
Compensation vs Earnings: Bill's compensation has increased whilst the company is unprofitable.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO | 16.17yrs | AU$1.66m | 1.3% A$ 1.5m | |
| Independent Non-Executive Director | 4.92yrs | AU$133.00k | 0.070% A$ 82.5k | |
| Independent Non-Executive Director | 4.92yrs | AU$190.00k | 0.046% A$ 54.1k | |
| Independent Non-Executive Chairman | 0.17yr | no data | 0.26% A$ 312.0k | |
| Independent Non-Executive Director | 2yrs | AU$101.92k | 0.041% A$ 48.2k |
3.5yrs
Average Tenure
67yo
Average Age
Experienced Board: GTN's board of directors are considered experienced (3.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
GTN Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: GTN Limited
- Ticker: GTN
- Exchange: ASX
- Founded: 1997
- Industry: Advertising
- Sector: Media
- Market Cap: AU$118.403m
- Shares outstanding: 215.28m
- Website: https://www.gtnetwork.com.au
Location
- GTN Limited
- 100 Miller Street
- Level 42, Northpoint
- North Sydney
- New South Wales
- 2060
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| GTN | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Jun 2016 |
| GTN | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Jun 2016 |
Biography
GTN Limited, together with its subsidiaries, operates broadcast media advertising platforms that supply traffic information reports to radio and/or television stations. The company through its advertising ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/02 07:07 |
| End of Day Share Price | 2021/03/01 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/06/30 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.