Dashboard
1
Low ability to service debt as the company has a high Debt to EBITDA ratio of 5.75 times
- Low ability to service debt as the company has a high Debt to EBITDA ratio of 5.75 times
- The company has been able to generate a Return on Capital Employed (avg) of 8.96% signifying low profitability per unit of total capital (equity and debt)
2
Weak Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 8.96%
3
With a fall in Net Sales of -6.54%, the company declared Very Negative results in Jun 25
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-12.07%
0%
-12.07%
6 Months
14.02%
0%
14.02%
1 Year
63.21%
0%
63.21%
2 Years
-44.04%
0%
-44.04%
3 Years
-52.58%
0%
-52.58%
4 Years
-75.35%
0%
-75.35%
5 Years
-70.73%
0%
-70.73%
Gray Television, Inc. for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
11.27%
EBIT Growth (5y)
11.28%
EBIT to Interest (avg)
2.27
Debt to EBITDA (avg)
5.75
Net Debt to Equity (avg)
1.86
Sales to Capital Employed (avg)
0.40
Tax Ratio
20.34%
Dividend Payout Ratio
9.51%
Pledged Shares
0
Institutional Holding
99.22%
ROCE (avg)
8.96%
ROE (avg)
10.17%
Valuation key factors
Factor
Value
P/E Ratio
2
Industry P/E
Price to Book Value
0.18
EV to EBIT
7.09
EV to EBITDA
5.38
EV to Capital Employed
0.71
EV to Sales
1.65
PEG Ratio
0.01
Dividend Yield
NA
ROCE (Latest)
10.07%
ROE (Latest)
9.30%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Bearish
Mildly Bullish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
No Trend
Mildly Bullish
Shareholding Snapshot : Mar 2025
Shareholding Compare (%holding) 
Majority shareholders
Domestic Funds
Domestic Funds
Held in 63 Schemes (33.57%)
Foreign Institutions
Held by 98 Foreign Institutions (7.95%)
Strategic Entities with highest holding
Highest Public shareholder
Quarterly Results Snapshot (Consolidated) - Jun'25 - YoY
Jun'25
Jun'24
Change(%)
Net Sales
772.00
826.00
-6.54%
Operating Profit (PBDIT) excl Other Income
164.00
219.00
-25.11%
Interest
117.00
118.00
-0.85%
Exceptional Items
-28.00
-7.00
-300.00%
Consolidate Net Profit
-56.00
22.00
-354.55%
Operating Profit Margin (Excl OI)
134.70%
182.80%
-4.81%
USD in Million.
Net Sales
YoY Growth in quarter ended Jun 2025 is -6.54% vs 1.60% in Jun 2024
Consolidated Net Profit
YoY Growth in quarter ended Jun 2025 is -354.55% vs 450.00% in Jun 2024
Annual Results Snapshot (Consolidated) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
3,644.00
3,281.00
11.06%
Operating Profit (PBDIT) excl Other Income
1,140.00
787.00
44.85%
Interest
485.00
440.00
10.23%
Exceptional Items
9.00
-76.00
111.84%
Consolidate Net Profit
375.00
-76.00
593.42%
Operating Profit Margin (Excl OI)
239.00%
136.50%
10.25%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2024 is 11.06% vs -10.75% in Dec 2023
Consolidated Net Profit
YoY Growth in year ended Dec 2024 is 593.42% vs -116.70% in Dec 2023
About Gray Television, Inc. 
Gray Television, Inc.
Media & Entertainment
Gray Television, Inc. is a television broadcast company. The Company owns and operates television stations and digital assets in various markets across the United States. The Company owns stations and digital properties in 91 TV markets including 150 affiliates of NBC Network (NBC), affiliates of the ABC Network (ABC) and affiliates of the FOX Network (FOX). In addition to a primary broadcast channel, each of its stations can also broadcast additional secondary digital channels within a market by utilizing the same bandwidth, but with different programming from the primary channel.
Company Coordinates 
Company Details
4370 Peachtree Rd NE , ATLANTA GA : 30319-3054
Registrar Details






