company background image
GTN

GTNASX:GTN Stock Report

Last Price

AU$0.60

Market Cap

AU$130.2m

7D

8.0%

1Y

45.8%

Updated

19 Jan, 2022

Data

Company Financials +
GTN fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance0/6
Financial Health4/6
Dividends0/6

GTN Stock Overview

GTN Limited, together with its subsidiaries, operates broadcast media advertising platforms that supply traffic information reports to radio stations.

Price History & Performance

Summary of all time highs, changes and price drops for GTN
Historical stock prices
Current Share PriceAU$0.60
52 Week HighAU$0.72
52 Week LowAU$0.29
Beta1.26
1 Month Change16.35%
3 Month Change8.04%
1 Year Change45.78%
3 Year Change-40.39%
5 Year Change-76.28%
Change since IPO-71.60%

Recent News & Updates

Jan 17
GTN Limited's (ASX:GTN) Intrinsic Value Is Potentially 27% Above Its Share Price

GTN Limited's (ASX:GTN) Intrinsic Value Is Potentially 27% Above Its Share Price

Today we will run through one way of estimating the intrinsic value of GTN Limited ( ASX:GTN ) by taking the expected...

Nov 04
We Think Shareholders May Want To Consider A Review Of GTN Limited's (ASX:GTN) CEO Compensation Package

We Think Shareholders May Want To Consider A Review Of GTN Limited's (ASX:GTN) CEO Compensation Package

Shareholders will probably not be too impressed with the underwhelming results at GTN Limited ( ASX:GTN ) recently...

Oct 08
At AU$0.56, Is It Time To Put GTN Limited (ASX:GTN) On Your Watch List?

At AU$0.56, Is It Time To Put GTN Limited (ASX:GTN) On Your Watch List?

GTN Limited ( ASX:GTN ), is not the largest company out there, but it received a lot of attention from a substantial...

Shareholder Returns

GTNAU MediaAU Market
7D8.0%-0.7%-1.7%
1Y45.8%18.1%7.7%

Return vs Industry: GTN exceeded the Australian Media industry which returned 18.4% over the past year.

Return vs Market: GTN exceeded the Australian Market which returned 9.7% over the past year.

Price Volatility

Is GTN's price volatile compared to industry and market?
GTN volatility
GTN Average Weekly Movement10.7%
Media Industry Average Movement10.4%
Market Average Movement8.5%
10% most volatile stocks in AU Market15.3%
10% least volatile stocks in AU Market3.6%

Stable Share Price: GTN is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: GTN's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1997n/aBill Ydehttps://www.gtnetwork.com.au

GTN Limited, together with its subsidiaries, operates broadcast media advertising platforms that supply traffic information reports to radio stations. The company offers information reports, such as traffic and news through advertising spots on television and radio networks directly to advertisers, as well as through advertising agencies. Its advertising platform enables advertisers to reach audiences in Australia, the United Kingdom, Canada, and Brazil.

GTN Fundamentals Summary

How do GTN's earnings and revenue compare to its market cap?
GTN fundamental statistics
Market CapAU$130.24m
Earnings (TTM)-AU$89.00k
Revenue (TTM)AU$143.34m

0.9x

P/S Ratio

-1,476x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GTN income statement (TTM)
RevenueAU$143.34m
Cost of RevenueAU$109.68m
Gross ProfitAU$33.67m
ExpensesAU$33.76m
Earnings-AU$89.00k

Valuation

Is GTN undervalued compared to its fair value and its price relative to the market?

28.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: GTN (A$0.61) is trading below our estimate of fair value (A$0.84)

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 Australian 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 (0.6x) compared to the AU Media industry average (2.4x).


Future Growth

How is GTN forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

64.1%

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 (1.9%).

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 (9.2% per year) is forecast to grow faster than the Australian market (4.9% per year).

High Growth Revenue: GTN's revenue (9.2% 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 (8.3%).


Past Performance

How has GTN performed over the past 5 years?

-10.7%

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, and losses have increased over the past 5 years at a rate of 10.7% 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 (35.3%).


Return on Equity

High ROE: GTN has a negative Return on Equity (-0.04%), as it is currently unprofitable.


Financial Health

How is GTN's financial position?


Financial Position Analysis

Short Term Liabilities: GTN's short term assets (A$88.0M) exceed its short term liabilities (A$36.4M).

Long Term Liabilities: GTN's short term assets (A$88.0M) exceed its long term liabilities (A$73.5M).


Debt to Equity History and Analysis

Debt Level: GTN's net debt to equity ratio (0.2%) is considered satisfactory.

Reducing Debt: GTN's debt to equity ratio has reduced from 44.9% to 22.6% over the past 5 years.

Debt Coverage: GTN's debt is not well covered by operating cash flow (13.3%).

Interest Coverage: Insufficient data to determine if GTN's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is GTN current dividend yield, its reliability and sustainability?

5.19%

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?

4.3yrs

Average board tenure


CEO

Bill Yde (68 yo)

17yrs

Tenure

AU$1,841,322

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 is Founder of GTN Limited. Mr. Yde has been Chairman, Chief...


CEO Compensation Analysis

Compensation vs Market: Bill's total compensation ($USD1.32M) is above average for companies of similar size in the Australian market ($USD290.45K).

Compensation vs Earnings: Bill's compensation has increased whilst the company is unprofitable.


Board Members

Experienced Board: GTN's board of directors are considered experienced (4.3 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 employee growth, exchange listings and data sources


Key Information

  • Name: GTN Limited
  • Ticker: GTN
  • Exchange: ASX
  • Founded: 1997
  • Industry: Advertising
  • Sector: Media
  • Implied Market Cap: AU$130.244m
  • 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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/19 16:00
End of Day Share Price2022/01/19 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.