Stingray Group: Top 10 Undervalued Media - Diversified Industry Stocks (RAY-B)
Stingray Group is now ranked among the top 10 undervalued stocks in the Media - Diversified industry on the Toronto Stock Exchange or TSX Venture Exchange. A stock is considered undervalued if it trades at a discount to its valuation – a calculation used to determine the intrinsic (true) worth of a company. Valuation methodology provided by Stockcalc (see below).
Media - Diversified: Companies engaged in full-service advertising operations, including the planning, creating, producing, and placing of advertising in media such as TV, radio, and print. Also includes companies providing marketing services, including outdoor advertising, promotional materials, directmail services, digital marketing, event management services, and marketing research services. Stocks in this category are held primarily for capital appreciation.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| RAY-A-T | Stingray Group | 5.42 | 7.03 | 1.61 (29.63) | 33,575 | 379.4 | 5.5 | 12.9 |
| OAM-X | OverActive Media | 0.2 | 0.27 | 0.07 (33.53) | 72,268 | 16.5 | 0 | 0 |
| RAY-B-T | Stingray Group | 5.35 | 7.03 | 1.68 (31.33) | 863 | 374.5 | 5.6 | 12.7 |
| AT-T | AcuityAds Holdings | 2.41 | 2.82 | 0.41 (16.87) | 132,751 | 141.9 | 0 | 80.3 |
| TBRD-X | Thunderbird Entertainment | 3.94 | 4.45 | 0.51 (12.93) | 53,530 | 207 | 0 | 112.6 |
| BRMI-T | Boat Rocker Media | 2.83 | 3.16 | 0.33 (11.82) | 4,779 | 200.4 | 0 | 0 |
| CJR-B-T | Corus Entertainment | 2.13 | 2.83 | 0.69 (32.63) | 2,052,167 | 425.4 | 11.3 | 0 |
| CGX-T | Cineplex | 8.93 | 13.14 | 4.21 (47.11) | 400,864 | 824.9 | 0 | 7,301.7 |
| WILD-T | WildBrain | 2.87 | 3.16 | 0.3 (10.43) | 24,563 | 545.4 | 0 | 57.3 |
| GAME-X | Engine Gaming And Media | 2.18 | 3.24 | 1.06 (48.43) | 15,098 | 34.5 | 0 | 0 |
More about Stingray Group
All data provided as-at market close February 06, 2023. The list is sorted by stocks with the greatest percentage difference between valuation and price. Stingray Group Stingray Digital Group Inc. provides business-to-business multi-platform music and in-store media solutions to businesses and individuals. Stingray Group is listed under RAY-B on the Toronto Stock Exchange.
Stockcalc
StockCalc is a Canadian fintech company specializing in fundamental valuations for North American stocks and ETFs. StockCalc valuations (https://www.stockcalc.com/Resources) can help determine if a stock is undervalued. StockCalc's Weighted Average Valuation (WAV) is based on a proprietary calculation using model and analyst inputs, including: Discounted Cash Flow (DCF), Price & Other Comparables, Multiples, Adjusted Book Value (ABV) and Analyst Consensus
Artificial intelligence at Report on Business
Artificial Intelligence at Report on Business Report on Business scans market data using algorithms to process large quantities of information. The results are specialized reports produced through automation. Ongoing ROB project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.
