Why is Stingray Group, Inc. ?
1
High Debt company with Weak Long Term Fundamental Strength
2
With ROE of 20.12%, it has a expensive valuation with a 1.92 Price to Book Value
- The stock is trading at a fair value compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 41.78%, its profits have risen by 36.8% ; the PEG ratio of the company is 0.3
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Cables - Electricals)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Stingray Group, Inc. for you?
Medium Risk, Medium Return
Absolute
Risk Adjusted
Volatility
Stingray Group, Inc.
77.54%
0.92
33.18%
S&P/TSX 60
19.1%
1.54
14.62%
Quality key factors
Factor
Value
Sales Growth (5y)
7.15%
EBIT Growth (5y)
6.95%
EBIT to Interest (avg)
3.57
Debt to EBITDA (avg)
3.20
Net Debt to Equity (avg)
1.24
Sales to Capital Employed (avg)
0.54
Tax Ratio
21.62%
Dividend Payout Ratio
56.23%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
12.33%
ROE (avg)
14.94%
Valuation Key Factors 
Factor
Value
P/E Ratio
10
Industry P/E
Price to Book Value
2.07
EV to EBIT
9.05
EV to EBITDA
6.91
EV to Capital Employed
1.49
EV to Sales
2.31
PEG Ratio
0.33
Dividend Yield
0.71%
ROCE (Latest)
16.46%
ROE (Latest)
20.12%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Bullish
No Trend
OBV
Mildly Bearish
No Trend
Technical Movement
11What is working for the Company
OPERATING CASH FLOW(Y)
Highest at CAD 90.52 MM
NET PROFIT(HY)
At CAD 25.81 MM has Grown at 55.09%
ROCE(HY)
Highest at 17.21%
DEBT-EQUITY RATIO
(HY)
Lowest at 123.77 %
DEBTORS TURNOVER RATIO(HY)
Highest at 5.01%
EPS(Q)
Highest at CAD 0.24
-2What is not working for the Company
DIVIDEND PAYOUT RATIO(Y)
Lowest at 30.36%
RAW MATERIAL COST(Y)
Grown by 9.45% (YoY
Here's what is working for Stingray Group, Inc.
Operating Cash Flow
Highest at CAD 90.52 MM and Grown
In each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (CAD MM)
Net Profit
At CAD 25.81 MM has Grown at 55.09%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is positive
Net Profit (CAD MM)
EPS
Highest at CAD 0.24
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (CAD)
Debt-Equity Ratio
Lowest at 123.77 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Debtors Turnover Ratio
Highest at 5.01%
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Here's what is not working for Stingray Group, Inc.
Dividend Payout Ratio
Lowest at 30.36%
in the last five yearsMOJO Watch
Company is distributing lower proportion of profits generated as dividend
DPR (%)
Raw Material Cost
Grown by 9.45% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin
Raw Material Cost as a percentage of Sales






