Gray Media, Inc.
$5.77B- Market cap
- $433.32M
- Debt
- +$5.70B
- Cash
- −$368.00M
Capital structure 7% equity / 93% debt · EV / Revenue 1.86x · EV / EBITDA 10.82x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 · Mkt cap
Decision snapshot: GTN stock price at discount vs VLO $4.95 current versus $27.76 implied using P/S multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at VLO's multiple
Implied fair value · at GTN's multiple
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Pricing power
Operating leverage
Multiple premium
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: GTN FY 2025 (ended Dec 31, 2025) · VLO FY 2025 (ended Dec 31, 2025).
Trendline
Five fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 7% equity / 93% debt · EV / Revenue 1.86x · EV / EBITDA 10.82x
Capital structure 91% equity / 9% debt · EV / Revenue 0.92x · EV / EBITDA 17.34x
VLO carries the larger enterprise value at $112.67B against $5.77B; VLO trades on the lower EV / Revenue multiple (0.92x vs 1.86x); GTN on the lower EV / EBITDA (10.82x vs 17.34x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
Gray Media, Inc. · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
VALERO ENERGY CORP/TX · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
2.65x
0.45x
Net debt / EBITDA
Leverage against operating earnings
10.01x
0.91x
Cash and equivalents
Liquid reserves on the balance sheet
$368.00M
$4.69B
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
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