GTNGray Media, Inc.

Communication Services

$4.82-8.5% 1Y

$4.82

$3.5852 weeks$6.07

Is the price fair?

Fair

Neither cheap nor expensive: modest expectations priced in, but at the top of its own P/E range.

1 good, 1 to watch, 1 without data

What the price assumes~−20% a yearderived · Jun 30, 2026

Priced for a decline (~−20% a year). Little growth is priced in even as revenue fell 4% a year over three years, potential value, or a value trap.

Vs its own P/E rangedearer than 76% of its own historyderived

Expensive vs its own history: P/E 12.5 vs a 7.4 median over 29 quarters (+69% vs median).

Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.

What GTN's price assumes

Today's price asks for −20% free cash flow growth a year; over the last three years Gray Media, Inc. delivered −32%, the price is ahead of the record.

0.13

Price / sales · no P/E: the last twelve months did not end in a profit

Free cash flow yield: 29%
Free cash flow yield · Communication Services median 8.7%
Growth the price implies: −20%
Growth the price implies · The price pays for −20% free cash flow growth a year for a decade; the business has delivered −32% a year over the last three.
Price / book: 0.14
Price / book · as of 2026-Q1