TEGNA INC (TGNA) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TGNA - US87901J1051 - Common Stock
18.96 USD
0 (0%)
18.96 USD
0 (0%)
We assign a fundamental rating of 7 out of 10 to TGNA. TGNA was compared to 93 industry peers in the Media industry. TGNA scores excellent points on both the profitability and health parts. This is a solid base for a good stock. TGNA has a bad growth rate and is valued cheaply. Finally TGNA also has an excellent dividend rating. These ratings could make TGNA a good candidate for value and dividend 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.
- In the past 5 years TGNA has always been profitable.
- TGNA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- The Return On Assets of TGNA (5.04%) is better than 83.87% of its industry peers.
- With a decent Return On Equity value of 11.01%, TGNA is doing good in the industry, outperforming 78.49% of the companies in the same industry.
- The Return On Invested Capital of TGNA (7.32%) is better than 83.87% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for TGNA is above the industry average of 7.08%.
| 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 has a better Profit Margin (11.92%) than 84.95% of its industry peers.
- TGNA's Profit Margin has improved in the last couple of years.
- With an excellent Operating Margin value of 20.88%, TGNA belongs to the best of the industry, outperforming 96.77% of the companies in the same industry.
- In the last couple of years the Operating Margin of TGNA has remained more or less at the same level.
- With a Gross Margin value of 39.45%, TGNA perfoms like the industry average, outperforming 50.54% of the companies in the same industry.
- TGNA's Gross Margin has been stable in the last couple of years.
| 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.
- 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 3.06. This indicates that TGNA is financially healthy and has little risk of bankruptcy at the moment.
- TGNA's Altman-Z score of 3.06 is amongst the best of the industry. TGNA outperforms 83.87% of its industry peers.
- 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.
- The Debt to FCF ratio of TGNA (5.89) is better than 74.19% of its industry peers.
- TGNA has a Debt/Equity ratio of 0.81. This is a neutral value indicating TGNA is somewhat dependend on debt financing.
- With a Debt to Equity ratio value of 0.81, TGNA perfoms like the industry average, outperforming 53.76% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | 5.89 | ||
| Altman-Z | 3.06 |
ROIC/WACC1.02
WACC7.14%
2.3 Liquidity
- A Current Ratio of 2.22 indicates that TGNA has no problem at all paying its short term obligations.
- With an excellent Current ratio value of 2.22, TGNA belongs to the best of the industry, outperforming 82.80% 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.
- TGNA has a Quick ratio of 2.22. This is amongst the best in the industry. TGNA outperforms 83.87% of its industry peers.
| 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.
- The Revenue has decreased by -2.73% in the past year.
- The Revenue has been growing slightly by 6.17% on average over the past years.
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.
- Based on estimates for the next years, TGNA will show a decrease in Revenue. The Revenue will decrease by -0.78% on average per year.
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
- 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
- Based on the Price/Earnings ratio of 8.07, the valuation of TGNA can be described as reasonable.
- 87.10% of the companies in the same industry are more expensive than TGNA, based on the Price/Earnings ratio.
- The average S&P500 Price/Earnings ratio is at 27.30. TGNA is valued rather cheaply when compared to this.
- The Price/Forward Earnings ratio is 6.16, which indicates a rather cheap valuation of TGNA.
- Based on the Price/Forward Earnings ratio, TGNA is valued cheaper than 84.95% of the companies in the same industry.
- TGNA's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.07 | ||
| Fwd PE | 6.16 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, TGNA is valued a bit cheaper than 73.12% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, TGNA is valued a bit cheaper than 77.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.11 | ||
| EV/EBITDA | 7.63 |
4.3 Compensation for Growth
- TGNA has an outstanding profitability rating, which 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 2.63%. 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 1.26. TGNA pays more dividend than 80.65% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.82, TGNA pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.63% |
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
- TGNA pays out 23.42% of its income as dividend. This is a sustainable payout ratio.
DP23.42%
EPS Next 2Y-0.32%
EPS Next 3Y-14.72%
TEGNA INC / TGNA FAQ
Can you provide the ChartMill fundamental rating for TEGNA INC?
ChartMill assigns a fundamental rating of 7 / 10 to TGNA.
What is the valuation status of TEGNA INC (TGNA) stock?
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 8 / 10.
Can you provide the PE and PB ratios for TGNA stock?
The Price/Earnings (PE) ratio for TEGNA INC (TGNA) is 8.07 and the Price/Book (PB) ratio is 0.98.
Can you provide the expected EPS growth for TGNA stock?
The Earnings per Share (EPS) of TEGNA INC (TGNA) is expected to decline by -47.55% in the next year.