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Stingray Group Inc.

TSX:RAY.B Stock Report

Market Cap: CA$694.5m

Stingray Group (RAY.B) Stock Overview

Operates as a music, media, and technology company in Canada, the United States, and internationally. More details

RAY.B fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance2/6
Financial Health4/6
Dividends5/6

Rewards

Trading at 64.8% below our estimate of its fair value

Earnings are forecast to grow 30.77% per year

Became profitable this year

Pays a reliable dividend of 3%

Risk Analysis

Shares are highly illiquid

Has a high level of debt

Significant insider selling over the past 3 months


RAY.B Community Fair Values

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Stingray Group Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Stingray Group
Historical stock prices
Current Share PriceCA$10.00
52 Week HighCA$10.30
52 Week LowCA$6.12
Beta0.89
1 Month Change26.26%
3 Month Change25.00%
1 Year Change38.12%
3 Year Change72.41%
5 Year Change85.19%
Change since IPO33.69%

Recent News & Updates

Recent updates

Shareholder Returns

RAY.BCA MediaCA Market
7D0%-0.2%0.4%
1Y38.1%26.0%19.9%

Return vs Industry: RAY.B exceeded the Canadian Media industry which returned 28.8% over the past year.

Return vs Market: RAY.B exceeded the Canadian Market which returned 19.3% over the past year.

Price Volatility

Is RAY.B's price volatile compared to industry and market?
RAY.B volatility
RAY.B Average Weekly Movementn/a
Media Industry Average Movement8.8%
Market Average Movement9.1%
10% most volatile stocks in CA Market18.2%
10% least volatile stocks in CA Market3.5%

Stable Share Price: RAY.B's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: Insufficient data to determine RAY.B's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2007938Eric Boykowww.stingray.com

Stingray Group Inc. operates as a music, media, and technology company in Canada, the United States, and internationally. It operates through Broadcasting and Commercial Music and Radio segments. The company offers music, digital, and advertising services to enterprise brands, including audio and video channels, radio stations, subscription video-on-demand content, free and ad-supported TV (FAST) channels, karaoke products and music apps, and in-car and on-board infotainment content.

Stingray Group Inc. Fundamentals Summary

How do Stingray Group's earnings and revenue compare to its market cap?
RAY.B fundamental statistics
Market capCA$694.48m
Earnings (TTM)CA$36.44m
Revenue (TTM)CA$386.89m
18.6x
P/E Ratio
1.8x
P/S Ratio

Is RAY.B overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RAY.B income statement (TTM)
RevenueCA$386.89m
Cost of RevenueCA$255.28m
Gross ProfitCA$131.61m
Other ExpensesCA$95.17m
EarningsCA$36.44m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.54
Gross Margin34.02%
Net Profit Margin9.42%
Debt/Equity Ratio127.9%

How did RAY.B perform over the long term?

See historical performance and comparison

Dividends

3.0%
Current Dividend Yield
56%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/08 06:39
End of Day Share Price 2025/07/08 00:00
Earnings2025/03/31
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Stingray Group Inc. is covered by 9 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tim CaseyBMO Capital Markets Equity Research
null nullBMO Capital Markets Equity Research
Aravinda GalappatthigeCanaccord Genuity