TEGNA INC (TGNA) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TGNA - US87901J1051 - Common Stock
19.16 USD
-0.11 (-0.57%)
19.16 USD
0 (0%)
Taking everything into account, TGNA scores 6 out of 10 in our fundamental rating. TGNA was compared to 94 industry peers in the Media industry. TGNA has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. TGNA is valued quite cheap, but it does not seem to be growing. With these ratings, TGNA could be worth investigating further for value investing!.
1. Profitability
1.1 Basic Checks
TGNA had positive earnings in the past year.
TGNA had a positive operating cash flow in the past year.
TGNA had positive earnings in each of the past 5 years.
Each year in the past 5 years TGNA had a positive operating cash flow.
1.2 Ratios
TGNA has a better Return On Assets (5.04%) than 81.91% of its industry peers.
With a decent Return On Equity value of 11.01%, TGNA is doing good in the industry, outperforming 76.60% of the companies in the same industry.
With an excellent Return On Invested Capital value of 7.32%, TGNA belongs to the best of the industry, outperforming 81.91% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for TGNA is in line with the industry average of 8.03%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.04% | ||
| ROE | 11.01% | ||
| ROIC | 7.32% |
ROA(3y)7.85%
ROA(5y)7.49%
ROE(3y)19.32%
ROE(5y)20.06%
ROIC(3y)9.16%
ROIC(5y)9.46%
1.3 Margins
TGNA's Profit Margin of 11.92% is amongst the best of the industry. TGNA outperforms 85.11% of its industry peers.
In the last couple of years the Profit Margin of TGNA has grown nicely.
TGNA's Operating Margin of 20.88% is amongst the best of the industry. TGNA outperforms 96.81% of its industry peers.
TGNA's Operating Margin has been stable in the last couple of years.
TGNA has a Gross Margin (39.45%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of TGNA has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.88% | ||
| PM (TTM) | 11.92% | ||
| GM | 39.45% |
OM growth 3Y-0.6%
OM growth 5Y0.24%
PM growth 3Y6.5%
PM growth 5Y9.13%
GM growth 3Y-2.32%
GM growth 5Y-1.41%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so TGNA is still creating some value.
The number of shares outstanding for TGNA has been reduced compared to 1 year ago.
The number of shares outstanding for TGNA has been reduced compared to 5 years ago.
The debt/assets ratio for TGNA has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.07 indicates that TGNA is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.07, TGNA belongs to the top of the industry, outperforming 81.91% of the companies in the same industry.
TGNA has a debt to FCF ratio of 5.89. This is a neutral value as TGNA would need 5.89 years to pay back of all of its debts.
TGNA has a better Debt to FCF ratio (5.89) than 73.40% of its industry peers.
A Debt/Equity ratio of 0.81 indicates that TGNA is somewhat dependend on debt financing.
TGNA has a Debt to Equity ratio (0.81) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | 5.89 | ||
| Altman-Z | 3.07 |
ROIC/WACC1.06
WACC6.9%
2.3 Liquidity
TGNA has a Current Ratio of 2.22. This indicates that TGNA is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of TGNA (2.22) is better than 81.91% of its industry peers.
TGNA has a Quick Ratio of 2.22. This indicates that TGNA is financially healthy and has no problem in meeting its short term obligations.
With an excellent Quick ratio value of 2.22, TGNA belongs to the best of the industry, outperforming 81.91% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.22 | ||
| Quick Ratio | 2.22 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 1.29% over the past year.
TGNA shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 17.57% yearly.
TGNA shows a decrease in Revenue. In the last year, the revenue decreased by -2.73%.
Measured over the past years, TGNA shows a small growth in Revenue. The Revenue has been growing by 6.17% on average per year.
EPS 1Y (TTM)1.29%
EPS 3Y13.15%
EPS 5Y17.57%
EPS Q2Q%-64.89%
Revenue 1Y (TTM)-2.73%
Revenue growth 3Y1.22%
Revenue growth 5Y6.17%
Sales Q2Q%-19.34%
3.2 Future
Based on estimates for the next years, TGNA will show a decrease in Earnings Per Share. The EPS will decrease by -1.91% on average per year.
The Revenue is expected to decrease by -0.78% on average over the next years.
EPS Next Y-47.55%
EPS Next 2Y-0.32%
EPS Next 3Y-14.72%
EPS Next 5Y-1.91%
Revenue Next Year-12.61%
Revenue Next 2Y-1.46%
Revenue Next 3Y-3.88%
Revenue Next 5Y-0.78%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 8.15, the valuation of TGNA can be described as reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of TGNA indicates a rather cheap valuation: TGNA is cheaper than 84.04% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.49. TGNA is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 6.22, the valuation of TGNA can be described as very cheap.
Based on the Price/Forward Earnings ratio, TGNA is valued cheaper than 86.17% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.69, TGNA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.15 | ||
| Fwd PE | 6.22 |
4.2 Price Multiples
70.21% of the companies in the same industry are more expensive than TGNA, based on the Enterprise Value to EBITDA ratio.
74.47% of the companies in the same industry are more expensive than TGNA, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.19 | ||
| EV/EBITDA | 7.68 |
4.3 Compensation for Growth
The decent profitability rating of TGNA may justify a higher PE ratio.
A cheap valuation may be justified as TGNA's earnings are expected to decrease with -14.72% in the coming years.
PEG (NY)N/A
PEG (5Y)0.46
EPS Next 2Y-0.32%
EPS Next 3Y-14.72%
5. Dividend
5.1 Amount
TGNA has a Yearly Dividend Yield of 2.59%. Purely for dividend investing, there may be better candidates out there.
TGNA's Dividend Yield is rather good when compared to the industry average which is at 4.49. TGNA pays more dividend than 81.91% of the companies in the same industry.
TGNA's Dividend Yield is comparable with the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.59% |
5.2 History
The dividend of TGNA is nicely growing with an annual growth rate of 11.34%!
TGNA has been paying a dividend for at least 10 years, so it has a reliable track record.
As TGNA did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)11.34%
Div Incr Years4
Div Non Decr Years8
5.3 Sustainability
23.42% of the earnings are spent on dividend by TGNA. This is a low number and sustainable payout ratio.
DP23.42%
EPS Next 2Y-0.32%
EPS Next 3Y-14.72%
19.16
-0.11 (-0.57%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners96.3%
Inst Owner Change-5.54%
Ins Owners0.45%
Ins Owner Change0.98%
Market Cap3.09B
Revenue(TTM)2.88B
Net Income(TTM)342.98M
Analysts50
Price Target22.1 (15.34%)
Short Float %6.57%
Short Ratio5.37
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.59% |
Yearly Dividend0.48
Dividend Growth(5Y)11.34%
DP23.42%
Div Incr Years4
Div Non Decr Years8
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)7.61%
Min EPS beat(2)-1.36%
Max EPS beat(2)16.59%
EPS beat(4)3
Avg EPS beat(4)7.27%
Min EPS beat(4)-1.36%
Max EPS beat(4)16.59%
EPS beat(8)6
Avg EPS beat(8)3.85%
EPS beat(12)7
Avg EPS beat(12)1.35%
EPS beat(16)9
Avg EPS beat(16)0.46%
Revenue beat(2)0
Avg Revenue beat(2)-2.43%
Min Revenue beat(2)-3.06%
Max Revenue beat(2)-1.8%
Revenue beat(4)0
Avg Revenue beat(4)-2.08%
Min Revenue beat(4)-3.06%
Max Revenue beat(4)-1.48%
Revenue beat(8)0
Avg Revenue beat(8)-2.39%
Revenue beat(12)0
Avg Revenue beat(12)-2.84%
Revenue beat(16)0
Avg Revenue beat(16)-2.95%
PT rev (1m)1.56%
PT rev (3m)1.56%
EPS NQ rev (1m)1.73%
EPS NQ rev (3m)-0.84%
EPS NY rev (1m)-0.25%
EPS NY rev (3m)-1.97%
Revenue NQ rev (1m)-0.49%
Revenue NQ rev (3m)-0.32%
Revenue NY rev (1m)-0.25%
Revenue NY rev (3m)-0.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.15 | ||
| Fwd PE | 6.22 | ||
| P/S | 1.07 | ||
| P/FCF | 7.19 | ||
| P/OCF | 6.59 | ||
| P/B | 0.99 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.68 |
EPS(TTM)2.35
EY12.27%
EPS(NY)3.08
Fwd EY16.08%
FCF(TTM)2.67
FCFY13.92%
OCF(TTM)2.91
OCFY15.18%
SpS17.86
BVpS19.35
TBVpS-13.55
PEG (NY)N/A
PEG (5Y)0.46
Graham Number31.99
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.04% | ||
| ROE | 11.01% | ||
| ROCE | 9.38% | ||
| ROIC | 7.32% | ||
| ROICexc | 7.59% | ||
| ROICexgc | 53.74% | ||
| OM | 20.88% | ||
| PM (TTM) | 11.92% | ||
| GM | 39.45% | ||
| FCFM | 14.93% |
ROA(3y)7.85%
ROA(5y)7.49%
ROE(3y)19.32%
ROE(5y)20.06%
ROIC(3y)9.16%
ROIC(5y)9.46%
ROICexc(3y)9.96%
ROICexc(5y)9.97%
ROICexgc(3y)67.45%
ROICexgc(5y)66.75%
ROCE(3y)11.74%
ROCE(5y)12.12%
ROICexgc growth 3Y8.77%
ROICexgc growth 5Y11.27%
ROICexc growth 3Y2.32%
ROICexc growth 5Y7.76%
OM growth 3Y-0.6%
OM growth 5Y0.24%
PM growth 3Y6.5%
PM growth 5Y9.13%
GM growth 3Y-2.32%
GM growth 5Y-1.41%
F-Score6
Asset Turnover0.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | 5.89 | ||
| Debt/EBITDA | 3.61 | ||
| Cap/Depr | 38.76% | ||
| Cap/Sales | 1.35% | ||
| Interest Coverage | 3.72 | ||
| Cash Conversion | 66.81% | ||
| Profit Quality | 125.2% | ||
| Current Ratio | 2.22 | ||
| Quick Ratio | 2.22 | ||
| Altman-Z | 3.07 |
F-Score6
WACC6.9%
ROIC/WACC1.06
Cap/Depr(3y)45.62%
Cap/Depr(5y)44.01%
Cap/Sales(3y)1.71%
Cap/Sales(5y)1.76%
Profit Quality(3y)112.93%
Profit Quality(5y)117.67%
High Growth Momentum
Growth
EPS 1Y (TTM)1.29%
EPS 3Y13.15%
EPS 5Y17.57%
EPS Q2Q%-64.89%
EPS Next Y-47.55%
EPS Next 2Y-0.32%
EPS Next 3Y-14.72%
EPS Next 5Y-1.91%
Revenue 1Y (TTM)-2.73%
Revenue growth 3Y1.22%
Revenue growth 5Y6.17%
Sales Q2Q%-19.34%
Revenue Next Year-12.61%
Revenue Next 2Y-1.46%
Revenue Next 3Y-3.88%
Revenue Next 5Y-0.78%
EBIT growth 1Y-8.51%
EBIT growth 3Y0.61%
EBIT growth 5Y6.42%
EBIT Next Year-29.63%
EBIT Next 3Y-8.03%
EBIT Next 5Y-3.53%
FCF growth 1Y-25.19%
FCF growth 3Y12.99%
FCF growth 5Y24.78%
OCF growth 1Y-24.49%
OCF growth 3Y10.94%
OCF growth 5Y18.15%
TEGNA INC / TGNA FAQ
Can you provide the ChartMill fundamental rating for TEGNA INC?
ChartMill assigns a fundamental rating of 6 / 10 to TGNA.
Can you provide the valuation status for TEGNA INC?
ChartMill assigns a valuation rating of 7 / 10 to TEGNA INC (TGNA). This can be considered as Undervalued.
What is the profitability of TGNA stock?
TEGNA INC (TGNA) has a profitability rating of 7 / 10.
What is the valuation of TEGNA INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for TEGNA INC (TGNA) is 8.15 and the Price/Book (PB) ratio is 0.99.
Can you provide the financial health for TGNA stock?
The financial health rating of TEGNA INC (TGNA) is 8 / 10.