WallStSmart

Gray Television Inc (GTN)vsNexstar Broadcasting Group Inc (NXST)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Nexstar Broadcasting Group Inc generates 66% more annual revenue ($5.11B vs $3.08B). NXST leads profitability with a 3.2% profit margin vs -3.1%. GTN appears more attractively valued with a PEG of 0.11. NXST earns a higher WallStSmart Score of 69/100 (B-).

GTN

Buy

60

out of 100

Grade: C+

Growth: 4.7Profit: 3.5Value: 8.3Quality: 3.0
Piotroski: 3/9Altman Z: 0.81

NXST

Strong Buy

69

out of 100

Grade: B-

Growth: 6.0Profit: 5.5Value: 5.3Quality: 4.5
Piotroski: 4/9Altman Z: 1.28
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

GTNUndervalued (+86.4%)

Margin of Safety

+86.4%

Fair Value

$35.37

Current Price

$4.01

$31.36 discount

UndervaluedFair: $35.37Overvalued
NXSTSignificantly Overvalued (-35.6%)

Margin of Safety

-35.6%

Fair Value

$177.34

Current Price

$182.02

$4.68 premium

UndervaluedFair: $177.34Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

GTN3 strengths · Avg: 10.0/10
PEG RatioValuation
0.1110/10

Growing faster than its price suggests

Price/BookValuation
0.2x10/10

Reasonable price relative to book value

EPS GrowthGrowth
1016.0%10/10

Earnings expanding 1016.0% YoY

NXST4 strengths · Avg: 9.0/10
PEG RatioValuation
0.1610/10

Growing faster than its price suggests

EPS GrowthGrowth
51.0%10/10

Earnings expanding 51.0% YoY

Price/BookValuation
2.6x8/10

Reasonable price relative to book value

Operating MarginProfitability
22.2%8/10

Strong operational efficiency at 22.2%

Areas to Watch

GTN4 concerns · Avg: 2.5/10
Market CapQuality
$411.98M3/10

Smaller company, higher risk/reward

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Return on EquityProfitability
-3.5%2/10

ROE of -3.5% — below average capital efficiency

Revenue GrowthGrowth
-1.8%2/10

Revenue declined 1.8%

NXST4 concerns · Avg: 3.0/10
P/E RatioValuation
37.0x4/10

Premium valuation, high expectations priced in

Return on EquityProfitability
7.6%3/10

ROE of 7.6% — below average capital efficiency

Profit MarginProfitability
3.2%3/10

3.2% margin — thin

Altman Z-ScoreHealth
1.282/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : GTN

The strongest argument for GTN centers on PEG Ratio, Price/Book, EPS Growth. PEG of 0.11 suggests the stock is reasonably priced for its growth.

Bull Case : NXST

The strongest argument for NXST centers on PEG Ratio, EPS Growth, Price/Book. Revenue growth of 13.1% demonstrates continued momentum. PEG of 0.16 suggests the stock is reasonably priced for its growth.

Bear Case : GTN

The primary concerns for GTN are Market Cap, Piotroski F-Score, Return on Equity. Debt-to-equity of 2.10 is elevated, increasing financial risk.

Bear Case : NXST

The primary concerns for NXST are P/E Ratio, Return on Equity, Profit Margin. Debt-to-equity of 5.65 is elevated, increasing financial risk. Thin 3.2% margins leave little buffer for downturns.

Key Dynamics to Monitor

GTN profiles as a turnaround stock while NXST is a value play — different risk/reward profiles.

GTN carries more volatility with a beta of 0.97 — expect wider price swings.

NXST is growing revenue faster at 13.1% — sustainability is the question.

NXST generates stronger free cash flow (267M), providing more financial flexibility.

Bottom Line

NXST scores higher overall (69/100 vs 60/100) and 13.1% revenue growth. GTN offers better value entry with a 86.4% margin of safety. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Gray Television Inc

COMMUNICATION SERVICES · BROADCASTING · USA

Gray Television, Inc., a television broadcasting company, owns and / or operates television stations and digital assets in the United States. The company is headquartered in Atlanta, Georgia.

Nexstar Broadcasting Group Inc

COMMUNICATION SERVICES · BROADCASTING · USA

Nexstar Media Group, Inc., a broadcast television and digital media company, focuses on the acquisition, development and operation of television stations and interactive community websites and digital media services in the United States. The company is headquartered in Irving, Texas.

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