TV vs GTN vs NMAX Stock Comparison

Grupo Televisa, S.A.B, Gray Media and Newsmax Prices as of Oct 29, 2026 Peers: Industry group
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TV Grupo Televisa, S.A.B.
$2.14 -8.9% 1M -22.2% 1Y
Market cap
$131.97B
P/E
–
Revenue (TTM)
$3.26B
Div. yield
–
Broadband and Cable Communication Services
4 wins
GTN Gray Media, Inc
$4.47 -0.9% 1M +1.6% 1Y
Market cap
$471.87M
P/E
–
Revenue (TTM)
$3.15B
Div. yield
0.07%
Television Broadcasting Communication Services
5 wins
NMAX Newsmax Inc.
$8.10 -25.3% 1M -18.1% 1Y
Market cap
$1.03B
P/E
–
Revenue (TTM)
$198.07M
Div. yield
–
Television Broadcasting Communication Services
1 win

Head to Head

10 decided of 12

Gray Media leads on 5 of the 12 questions below (Gray Media 5, Grupo Televisa, S.A.B 4, Newsmax 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionTVGTNNMAXLeader
Larger companyMarket capitalisation $131.97B $471.87M $1.03B TV
Cheaper on earningsLower P/E, profitable companies only -390.1x -8.1x -13.0x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 11.3x 1.9x — GTN
Faster revenue growthRevenue growth, trailing twelve months +5.5% -11.3% +8.3% NMAX
More profitableNet margin, trailing twelve months -15.3% -1.8% -40.1% GTN
Better return on capitalReturn on invested capital 2.9% 2.3% — TV
Less leveragedLower net debt / EBITDA 64.6x 7.2x — GTN
Higher dividend yieldTrailing dividend yield 0.00% 0.07% 0.00% –
Better 1-year returnPrice return, last 12 months -22.2% +1.6% -18.1% GTN
Better 5-year returnAnnualised price return, 5 years -26.7%/yr -28.2%/yr — TV
Less volatileAnnualised volatility, 1 year 38.3% 62.2% 77.7% TV
Higher overall scoreMean of the five percentile scores vs peers 33/100 52/100 34/100 GTN

Percentile Scorecard

TVGTNNMAX

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisTVGTNNMAX
Valuation 4 #47 of 49 87 #8 of 53 2 #52 of 53
Growth 21 #36 of 45 9 #40 of 44 58 #19 of 44
Profitability 34 #30 of 45 54 #20 of 42 12 #37 of 42
Financial Health 75 #13 of 49 32 #42 of 61 63 #23 of 61
Shareholder Returns – 80 #6 of 26 –
Overall 33 52 34
  • TV ranked among 51 companies in Telecommunications
  • GTN ranked among 61 companies in Advertising and Media
  • NMAX ranked among 61 companies in Advertising and Media

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodTVGTNNMAXSPY
1 month -8.9%-0.9%-25.3% +0.7%
3 months -25.4%+10.1%+5.6% +3.7%
6 months -24.9%-20.7%+28.6% +7.1%
Year to date -26.5%-7.6%+4.8% +12.8%
1 year -22.2%+1.6%-18.1% +11.9%
3 years -1.8%-29.7%— +85.2%
3 years, per year -0.6%-11.1%— +22.8%
5 years -78.9%-80.9%— +67.6%
5 years, per year -26.7%-28.2%— +10.9%
10 years -91.3%-50.9%— +262.0%
10 years, per year -21.7%-6.9%— +13.7%

Risk

MeasureTVGTNNMAXSPY
Volatility, 1Y 38.3%62.2%77.7% 12.7%
Downside volatility, 1Y 40.0%62.7%80.0% 12.6%
Beta vs S&P 500, 1Y 0.660.961.64 1.00
Return / volatility, 1Y -0.580.03-0.23 0.94
Max drawdown, 5Y -86.3%-88.2%-97.8% -25.4%
From 52-week high -37.8%-27.9%-29.1% -1.2%
52-week high $3.44$6.20$11.43 $779.14
52-week low $2.14$3.58$5.16 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleTVGTNNMAX
P/E now vs peer median -272.0xmedian 11.5x -7.6xmedian 18.7x -13.1xmedian 18.7x
P/S now vs peer median 41.3xmedian 1.1x 0.2xmedian 0.6x 5.3xmedian 0.6x
EV/EBITDA now vs peer median 3,804xmedian 6.8x 7.8xmedian 10.6x -12.4xmedian 10.6x
P/FCF now vs peer median —median 5.9x 3.5xmedian 9.0x —median 9.0x
P/B now vs peer median 20.8xmedian 1.3x 0.2xmedian 1.6x 9.2xmedian 1.6x
PEG now vs peer median 8.84median 0.25 0.24median 0.49 —median 0.49

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsTVGTNNMAX
Revenue $3.26B $3.15B $198.07M
Gross profit $1.46B $820.00M $78.29M
Operating income $297.01M $435.00M -$86.98M
Net income $341.42M -$26.00M -$79.40M
Free cash flow – $146.00M –
EPS (diluted) $0.00 $-0.58 $-0.61
Cash & equivalents – $176.00M $25.88M
Total debt $4.50B $5.81B –
Shares (diluted) 68.12B 100.00M 129.29M
Enterprise value $131.97B -$513.13M $936.30M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricTVGTNNMAX
P/E -272.0x -7.6x -13.1x
P/FCF – 3.5x –
P/Operating cash flow – 2.1x –
P/S 41.3x 0.2x 5.3x
P/B 20.8x 0.2x 9.2x
P/Tangible book 26.7x -0.2x 9.2x
EV/EBITDA 3,804x 7.8x -12.4x
EV/EBIT 440.7x 14.1x -11.7x
EV/Revenue 42.0x 2.0x 5.1x
EV/FCF – 42.1x –
EV/Operating cash flow – 24.6x –
PEG (3Y EPS CAGR) 8.84 0.24 –

Growth

14 metrics
MetricTVGTNNMAX
Revenue growth (1Y) 5.5% -11.3% 8.3%
Revenue CAGR (3Y) -11.8% -4.3% –
Gross profit growth (1Y) -37.1% -28.8% -4.1%
Gross profit CAGR (3Y) -18.9% -13.5% –
Operating income growth (1Y) 255.7% -41.9% 14.9%
Operating income CAGR (3Y) 5.3% -18.2% –
Net income growth (1Y) 68.3% -113.0% 27.2%
Net income CAGR (3Y) -27.1% -28.0% –
EPS growth (1Y) -18.4% -138.0% 27.7%
EPS CAGR (3Y) -30.8% -31.1% –
Operating cash flow growth (1Y) – -69.8% –
Operating cash flow CAGR (3Y) – -36.1% –
Free cash flow growth (1Y) – -79.4% –
Free cash flow CAGR (3Y) – -32.2% –

Profitability

14 metrics
MetricTVGTNNMAX
Gross margin 55.2% 26.0% 39.5%
EBITDA margin 1.1% 24.9% -41.2%
Operating margin 9.5% 13.8% -43.9%
Pretax margin 8.3% -2.0% -40.1%
Net margin -15.3% -1.8% -40.1%
FCF margin – 4.6% –
Operating cash flow margin – 7.9% –
Return on equity -1.9% -1.2% -72.4%
Return on assets -0.9% -0.3% -33.8%
Return on invested capital 2.9% 2.3% –
Return on capital employed 2.7% 4.4% -57.8%
Asset turnover 0.2x 0.3x 0.8x
Cash conversion (OCF / net income) – -9.6x –
Stock comp / revenue – 0.7% –

Financial Health

11 metrics
MetricTVGTNNMAX
Debt / assets 34.8% 55.6% –
Debt / equity 0.7x 2.7x –
Net debt / EBITDA 64.6x 7.2x –
Debt / FCF – 39.8x –
Liabilities / assets 52.7% 79.6% 50.9%
Equity / assets 47.3% 20.4% 49.1%
Interest coverage 0.7x 0.9x -4,632x
Current ratio 2.4x 1.0x 2.4x
Quick ratio 1.8x 0.7x 0.8x
Cash ratio 1.5x 0.3x 0.3x
Altman Z-score 12.35 0.63 3.57

Shareholder Returns

7 metrics
MetricTVGTNNMAX
Dividend yield – 7.2% –
Net buyback yield – – –
Shareholder yield 0.0% 7.2% –
Payout ratio (earnings) – -130.8% –
Payout ratio (FCF) – 23.3% –
Dividend growth (1Y) – 6.3% –
Dividend CAGR (3Y) – 6.7% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusTVGTNNMAX
Forward P/E 11.3xFY2026 1.9xFY2026 –
EPS, next fiscal year $0.18FY2026 $2.43FY2026 $-0.01FY2026
EPS growth, the year after +38.9% -130.0% –
Revenue, next fiscal year $3.07BFY2026 $3.39BFY2026 $203.04MFY2026
Revenue growth, next FY -9.0%FY2026 +9.5%FY2026 +7.3%FY2026
Revenue growth, the year after -4.0% +0.3% +24.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersTVGTNNMAX
Held by institutions 0.2% 80.6% 28.5%
Institutions holding 106 177 234
Change in shares held, QoQ -4.9% -2.7% +13.5%
Institutions buying 44 73 111
Institutions selling 33 70 37
Buyers to sellers 1.33 1.04 3.00

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

TVGTNNMAX
TV 1.00 0.18 0.12
GTN 0.18 1.00 0.32
NMAX 0.12 0.32 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, TV, GTN and NMAX?

Grupo Televisa, S.A.B (TV) is the largest by market capitalisation: Grupo Televisa, S.A.B (TV) $131.97B, Gray Media (GTN) $471.87M, Newsmax (NMAX) $1.03B.

Which company is growing faster?

Newsmax (NMAX) grew revenue fastest over the trailing twelve months: Grupo Televisa, S.A.B (TV) +5.5%, Gray Media (GTN) -11.3%, Newsmax (NMAX) +8.3%.

Which company is more profitable?

Gray Media (GTN) has the highest net margin (Grupo Televisa, S.A.B (TV) -15.3%, Gray Media (GTN) -1.8%, Newsmax (NMAX) -40.1%). On return on invested capital, Grupo Televisa, S.A.B (TV) leads (Grupo Televisa, S.A.B (TV) 2.9%, Gray Media (GTN) 2.3%).

Which stock has performed better?

Over the past year Gray Media (GTN) returned the most: Grupo Televisa, S.A.B (TV) -22.2%, Gray Media (GTN) +1.6%, Newsmax (NMAX) -18.1%. Over five years, Grupo Televisa, S.A.B (TV) compounded fastest (Grupo Televisa, S.A.B (TV) -26.7%/yr, Gray Media (GTN) -28.2%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Grupo Televisa, S.A.B (TV) 0.00%, Gray Media (GTN) 0.07%, Newsmax (NMAX) 0.00%. Grupo Televisa, S.A.B (TV) and Newsmax (NMAX) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Grupo Televisa, S.A.B (TV) has been the steadiest (Grupo Televisa, S.A.B (TV) 38.3%, Gray Media (GTN) 62.2%, Newsmax (NMAX) 77.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, TV, GTN and NMAX?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Gray Media (GTN) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.