TEGNA INC (TGNA) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TGNA - US87901J1051 - Common Stock
19.53 USD
-0.08 (-0.41%)
19.53 USD
0 (0%)
Taking everything into account, TGNA scores 6 out of 10 in our fundamental rating. TGNA was compared to 96 industry peers in the Media industry. TGNA gets an excellent profitability rating and is at the same time showing great financial health properties. TGNA has a bad growth rate and is valued cheaply. These ratings would make TGNA suitable for value investing!
1. Profitability
1.1 Basic Checks
In the past year TGNA was profitable.
TGNA had a positive operating cash flow in the past year.
TGNA had positive earnings in each of the past 5 years.
In the past 5 years TGNA always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.04%, TGNA belongs to the top of the industry, outperforming 81.25% of the companies in the same industry.
TGNA has a Return On Equity of 11.01%. This is in the better half of the industry: TGNA outperforms 75.00% of its industry peers.
With an excellent Return On Invested Capital value of 7.32%, TGNA belongs to the best of the industry, outperforming 81.25% of the companies in the same industry.
TGNA had an Average Return On Invested Capital over the past 3 years of 9.16%. This is in line with the industry average of 8.15%.
| 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 84.38% of its industry peers.
In the last couple of years the Profit Margin of TGNA has grown nicely.
The Operating Margin of TGNA (20.88%) is better than 96.88% of its industry peers.
In the last couple of years the Operating Margin of TGNA has remained more or less at the same level.
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), TGNA is creating some value.
Compared to 1 year ago, TGNA has less shares outstanding
Compared to 5 years ago, TGNA has less shares outstanding
Compared to 1 year ago, TGNA has an improved debt to assets ratio.
2.2 Solvency
TGNA has an Altman-Z score of 3.08. This indicates that TGNA is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 3.08, TGNA belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
The Debt to FCF ratio of TGNA is 5.89, which is a neutral value as it means it would take TGNA, 5.89 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 5.89, TGNA is doing good in the industry, outperforming 72.92% of the companies in the same industry.
TGNA has a Debt/Equity ratio of 0.81. This is a neutral value indicating TGNA is somewhat dependend on debt financing.
The Debt to Equity ratio of TGNA (0.81) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | 5.89 | ||
| Altman-Z | 3.08 |
ROIC/WACC1.04
WACC7.03%
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.
Looking at the Current ratio, with a value of 2.22, TGNA belongs to the top of the industry, outperforming 82.29% of the companies in the same industry.
A Quick Ratio of 2.22 indicates that TGNA has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 2.22, TGNA belongs to the top of the industry, outperforming 82.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.22 | ||
| Quick Ratio | 2.22 |
3. Growth
3.1 Past
TGNA shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 1.29%.
TGNA shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 17.57% yearly.
Looking at the last year, TGNA shows a decrease in Revenue. The Revenue has decreased by -2.73% in the last year.
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
The Earnings Per Share is expected to decrease by -1.91% on average over the next years.
TGNA is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.78% yearly.
EPS Next Y-47.42%
EPS Next 2Y1.55%
EPS Next 3Y-10.9%
EPS Next 5Y-1.91%
Revenue Next Year-12.39%
Revenue Next 2Y-3.64%
Revenue Next 3Y-6.43%
Revenue Next 5Y-0.78%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 8.31, the valuation of TGNA can be described as very reasonable.
82.29% of the companies in the same industry are more expensive than TGNA, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 25.98, TGNA is valued rather cheaply.
A Price/Forward Earnings ratio of 6.11 indicates a rather cheap valuation of TGNA.
Based on the Price/Forward Earnings ratio, TGNA is valued cheaper than 82.29% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 35.79, TGNA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.31 | ||
| Fwd PE | 6.11 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TGNA indicates a somewhat cheap valuation: TGNA is cheaper than 66.67% of the companies listed in the same industry.
TGNA's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. TGNA is cheaper than 76.04% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.32 | ||
| EV/EBITDA | 7.78 |
4.3 Compensation for Growth
The decent profitability rating of TGNA may justify a higher PE ratio.
TGNA's earnings are expected to decrease with -10.90% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.47
EPS Next 2Y1.55%
EPS Next 3Y-10.9%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.54%, TGNA has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 4.66, TGNA pays a bit more dividend than its industry peers.
TGNA's Dividend Yield is comparable with the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.54% |
5.2 History
On average, the dividend of TGNA grows each year by 11.34%, which is quite nice.
TGNA has been paying a dividend for at least 10 years, so it has a reliable track record.
TGNA has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
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 2Y1.55%
EPS Next 3Y-10.9%
19.53
-0.08 (-0.41%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners103.14%
Inst Owner Change-5.54%
Ins Owners0.51%
Ins Owner Change2.67%
Market Cap3.15B
Revenue(TTM)2.88B
Net Income(TTM)342.98M
Analysts76.36
Price Target22.1 (13.16%)
Short Float %6.45%
Short Ratio5.04
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.54% |
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)3.17%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-4.15%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.75%
Revenue NQ rev (1m)-0.44%
Revenue NQ rev (3m)-0.74%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.31 | ||
| Fwd PE | 6.11 | ||
| P/S | 1.09 | ||
| P/FCF | 7.32 | ||
| P/OCF | 6.72 | ||
| P/B | 1.01 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.78 |
EPS(TTM)2.35
EY12.03%
EPS(NY)3.2
Fwd EY16.37%
FCF(TTM)2.67
FCFY13.65%
OCF(TTM)2.91
OCFY14.89%
SpS17.86
BVpS19.35
TBVpS-13.55
PEG (NY)N/A
PEG (5Y)0.47
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 | 3.08 |
F-Score6
WACC7.03%
ROIC/WACC1.04
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-47.42%
EPS Next 2Y1.55%
EPS Next 3Y-10.9%
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-12.39%
Revenue Next 2Y-3.64%
Revenue Next 3Y-6.43%
Revenue Next 5Y-0.78%
EBIT growth 1Y-8.51%
EBIT growth 3Y0.61%
EBIT growth 5Y6.42%
EBIT Next Year-29.7%
EBIT Next 3Y-6.86%
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 8.31 and the Price/Book (PB) ratio is 1.01.
Can you provide the financial health for TGNA stock?
The financial health rating of TEGNA INC (TGNA) is 8 / 10.