TEGNA INC (TGNA)
US87901J1051 - Common Stock
Taking everything into account, TGNA scores 6 out of 10 in our fundamental rating. TGNA was compared to 92 industry peers in the Media industry. TGNA has only an average score on both its financial health and profitability. TGNA is valued quite cheap, but it does not seem to be growing. TGNA also has an excellent dividend rating. This makes TGNA very considerable 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.
In the past 5 years TGNA always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 6.85%, TGNA belongs to the best of the industry, outperforming 89.01% of the companies in the same industry.
Looking at the Return On Equity, with a value of 17.17%, TGNA belongs to the top of the industry, outperforming 87.91% of the companies in the same industry.
With a decent Return On Invested Capital value of 7.52%, TGNA is doing good in the industry, outperforming 79.12% of the companies in the same industry.
TGNA had an Average Return On Invested Capital over the past 3 years of 9.14%. This is in line with the industry average of 7.64%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.85% | ||
| ROE | 17.17% | ||
| ROIC | 7.52% |
ROA(3y)7.42%
ROA(5y)6.68%
ROE(3y)19%
ROE(5y)19.68%
ROIC(3y)9.14%
ROIC(5y)8.92%
1.3 Margins
TGNA has a Profit Margin of 16.67%. This is amongst the best in the industry. TGNA outperforms 92.31% of its industry peers.
In the last couple of years the Profit Margin of TGNA has declined.
The Operating Margin of TGNA (22.20%) is better than 95.60% of its industry peers.
TGNA's Operating Margin has declined in the last couple of years.
The Gross Margin of TGNA (41.72%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of TGNA has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.2% | ||
| PM (TTM) | 16.67% | ||
| GM | 41.72% |
OM growth 3Y-10.63%
OM growth 5Y-7.62%
PM growth 3Y-0.17%
PM growth 5Y-2.35%
GM growth 3Y-5.7%
GM growth 5Y-4.56%
2. Health
2.1 Basic Checks
TGNA has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, TGNA has less shares outstanding
Compared to 5 years ago, TGNA has less shares outstanding
TGNA has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.89 indicates that TGNA is not a great score, but indicates only limited risk for bankruptcy at the moment.
With an excellent Altman-Z score value of 2.89, TGNA belongs to the best of the industry, outperforming 82.42% of the companies in the same industry.
The Debt to FCF ratio of TGNA is 6.15, which is on the high side as it means it would take TGNA, 6.15 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of TGNA (6.15) is better than 69.23% of its industry peers.
TGNA has a Debt/Equity ratio of 1.07. This is a high value indicating a heavy dependency on external financing.
TGNA's Debt to Equity ratio of 1.07 is on the low side compared to the rest of the industry. TGNA is outperformed by 61.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.07 | ||
| Debt/FCF | 6.15 | ||
| Altman-Z | 2.89 |
ROIC/WACC1.14
WACC6.6%
2.3 Liquidity
A Current Ratio of 2.60 indicates that TGNA has no problem at all paying its short term obligations.
TGNA's Current ratio of 2.60 is fine compared to the rest of the industry. TGNA outperforms 76.92% of its industry peers.
TGNA has a Quick Ratio of 2.60. This indicates that TGNA is financially healthy and has no problem in meeting its short term obligations.
TGNA's Quick ratio of 2.60 is fine compared to the rest of the industry. TGNA outperforms 78.02% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.6 | ||
| Quick Ratio | 2.6 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 1.75% over the past year.
TGNA shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -1.12% yearly.
TGNA shows a decrease in Revenue. In the last year, the revenue decreased by -4.67%.
TGNA shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.69% yearly.
EPS 1Y (TTM)1.75%
EPS 3Y-9.06%
EPS 5Y-1.12%
EPS Q2Q%141.03%
Revenue 1Y (TTM)-4.67%
Revenue growth 3Y-0.31%
Revenue growth 5Y5.69%
Sales Q2Q%13.12%
3.2 Future
The Earnings Per Share is expected to grow by 18.90% on average over the next years. This is quite good.
The Revenue is expected to grow by 1.01% on average over the next years.
EPS Next Y88.43%
EPS Next 2Y8.37%
EPS Next 3Y30.91%
EPS Next 5Y18.9%
Revenue Next Year6.84%
Revenue Next 2Y-2.07%
Revenue Next 3Y2.32%
Revenue Next 5Y1.01%
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 accelerating.
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
With a Price/Earnings ratio of 8.06, the valuation of TGNA can be described as very reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of TGNA indicates a rather cheap valuation: TGNA is cheaper than 87.91% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of TGNA to the average of the S&P500 Index (29.20), we can say TGNA is valued rather cheaply.
TGNA is valuated reasonably with a Price/Forward Earnings ratio of 9.21.
TGNA's Price/Forward Earnings ratio is rather cheap when compared to the industry. TGNA is cheaper than 87.91% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 24.00. TGNA is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.06 | ||
| Fwd PE | 9.21 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TGNA is valued a bit cheaper than the industry average as 71.43% of the companies are valued more expensively.
TGNA's Price/Free Cash Flow ratio is rather cheap when compared to the industry. TGNA is cheaper than 86.81% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.02 | ||
| EV/EBITDA | 7.21 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of TGNA may justify a higher PE ratio.
TGNA's earnings are expected to grow with 30.91% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.09
PEG (5Y)N/A
EPS Next 2Y8.37%
EPS Next 3Y30.91%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.70%, TGNA has a reasonable but not impressive dividend return.
TGNA's Dividend Yield is a higher than the industry average which is at 4.06.
Compared to an average S&P500 Dividend Yield of 2.21, TGNA pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.7% |
5.2 History
On average, the dividend of TGNA grows each year by 8.19%, which is quite nice.
TGNA has paid a dividend for at least 10 years, which is 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)8.19%
Div Incr Years3
Div Non Decr Years7
5.3 Sustainability
16.59% of the earnings are spent on dividend by TGNA. This is a low number and sustainable payout ratio.
The dividend of TGNA is growing, but earnings are growing more, so the dividend growth is sustainable.
DP16.59%
EPS Next 2Y8.37%
EPS Next 3Y30.91%
TEGNA INC
NYSE:TGNA (11/22/2024, 8:08:14 PM)
After market: 18.71 0 (0%)18.71
+0.19 (+1.03%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap3.01B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.7% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
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Min Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.06 | ||
| Fwd PE | 9.21 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.09
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.85% | ||
| ROE | 17.17% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 22.2% | ||
| PM (TTM) | 16.67% | ||
| GM | 41.72% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.41
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.07 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.6 | ||
| Quick Ratio | 2.6 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)1.75%
EPS 3Y-9.06%
EPS 5Y
EPS Q2Q%
EPS Next Y88.43%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-4.67%
Revenue growth 3Y-0.31%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y