Company Valuation: Stingray Group Inc.

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 509.4 412.8 527.6 609.7 981.9 1,026 - -
Change - -18.96% 27.81% 15.55% 61.05% 4.47% - -
Enterprise Value (EV) 1 906.8 783.9 882.3 937.1 1,485 1,507 1,394 1,275
Change - -13.55% 12.56% 6.2% 58.5% 1.48% -7.52% -8.57%
P/E 15.4x 13.9x -11.4x 16.9x -34.4x 14.5x 10.7x -
PBR - 1.44x 2.13x 2.32x 4.64x 3.8x 2.84x 2.24x
PEG - -1.63x 0x -0x 0x -0x 0.3x -
Capitalization / Revenue 1.8x 1.27x 1.53x 1.58x 2.08x 1.57x 1.47x 1.47x
EV / Revenue 3.21x 2.42x 2.55x 2.42x 3.15x 2.31x 2x 1.83x
EV / EBITDA 9.13x 6.87x 7.01x 6.59x 9.27x 6.66x 5.68x 5x
EV / EBIT 14.2x 11.8x 28.3x 10.6x 12.3x 10.2x 8.25x 6.85x
EV / FCF 13.9x 12.3x 10.8x 11.2x 14.6x 10.8x 8.49x 7.87x
FCF Yield 7.17% 8.12% 9.29% 8.92% 6.87% 9.22% 11.8% 12.7%
Dividend per Share 2 0.3 0.3 0.3 0.3 0.32 0.34 0.34 0.34
Rate of return 4.13% 5.03% 3.91% 3.34% 2.22% 2.22% 2.22% 2.22%
EPS 2 0.47 0.43 -0.67 0.53 -0.42 1.055 1.43 -
Distribution rate 63.8% 69.8% -44.8% 56.6% -76.2% 32.2% 23.8% -
Net sales 1 282.6 323.9 345.4 386.9 471.6 653.7 696.7 697
EBITDA 1 99.27 114.1 125.9 142.2 160.2 226.4 245.5 255
EBIT 1 63.72 66.49 31.17 88.12 121.2 147.9 169 186
Net income 1 33.29 30.12 -13.74 36.44 -28.58 75.64 98.75 119
Net Debt 1 397.4 371.1 354.7 327.4 503.4 481.5 368.2 248.8
Reference price 2 7.26 5.96 7.67 8.97 14.43 15.31 15.31 15.31
Nbr of stocks (in thousands) 70,178 69,313 68,808 68,217 68,046 66,999 - -
Announcement Date 7/6/22 6/6/23 4/6/24 10/6/25 9/6/26 - - -
1CAD in Million2CAD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.43x2.16x9.68x1.43% 181B
42.84x6.15x26.42x-.--% 23.6B
17.94x1.86x19.02x1.72% 5.81B
45.95x - - 1.95% 4.37B
13.04x1.7x16.7x4.92% 3.75B
-6.58x2.21x7.87x-.--% 3.64B
12.36x0.88x5.77x7.03% 3.57B
15.8x0.61x4.8x1.21% 3.45B
8.02x0.71x3.19x6.22% 2.28B
Average 18.64x 2.03x 11.68x 2.72% 25.76B
Weighted average by Cap. 20.71x 2.50x 11.54x 1.47%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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  5. Valuation Stingray Group Inc.
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