TEGNA INC (TGNA) Stock Fundamental Analysis
USA - NYSE:TGNA - US87901J1051 - Common Stock
19.67 USD
+0.05 (+0.25%)
19.53 USD
-0.14 (-0.71%)
TGNA gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 95 industry peers in the Media industry. TGNA has an excellent profitability rating, but there are some minor concerns on its financial health. TGNA is cheap, but on the other hand it scores bad on growth. This makes TGNA very considerable 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.
TGNA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
TGNA's Return On Assets of 6.20% is amongst the best of the industry. TGNA outperforms 80.85% of its industry peers.
TGNA has a Return On Equity of 14.63%. This is amongst the best in the industry. TGNA outperforms 84.04% of its industry peers.
TGNA's Return On Invested Capital of 9.05% is amongst the best of the industry. TGNA outperforms 87.23% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for TGNA is in line with the industry average of 8.50%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.2% | ||
| ROE | 14.63% | ||
| ROIC | 9.05% |
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 14.93% is amongst the best of the industry. TGNA outperforms 92.55% of its industry peers.
TGNA's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 24.33%, TGNA belongs to the best of the industry, outperforming 97.87% of the companies in the same industry.
TGNA's Operating Margin has been stable in the last couple of years.
TGNA has a Gross Margin (42.05%) which is comparable to the rest of the industry.
TGNA's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.33% | ||
| PM (TTM) | 14.93% | ||
| GM | 42.05% |
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
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
Compared to 1 year ago, TGNA has an improved debt to assets ratio.
2.2 Solvency
TGNA has an Altman-Z score of 2.92. This is not the best score and indicates that TGNA is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of TGNA (2.92) is better than 81.91% of its industry peers.
The Debt to FCF ratio of TGNA is 5.35, which is a neutral value as it means it would take TGNA, 5.35 years of fcf income to pay off all of its debts.
TGNA's Debt to FCF ratio of 5.35 is fine compared to the rest of the industry. TGNA outperforms 73.40% of its industry peers.
A Debt/Equity ratio of 0.82 indicates that TGNA is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.82, TGNA is in line with its industry, outperforming 51.06% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.82 | ||
| Debt/FCF | 5.35 | ||
| Altman-Z | 2.92 |
ROIC/WACC1.37
WACC6.58%
2.3 Liquidity
A Current Ratio of 1.47 indicates that TGNA should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.47, TGNA is in the better half of the industry, outperforming 61.70% of the companies in the same industry.
A Quick Ratio of 1.47 indicates that TGNA should not have too much problems paying its short term obligations.
TGNA has a better Quick ratio (1.47) than 62.77% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.47 | ||
| Quick Ratio | 1.47 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 67.23% over the past year.
The Earnings Per Share has been growing by 17.57% on average over the past years. This is quite good.
The Revenue has been growing slightly by 5.89% in the past year.
The Revenue has been growing slightly by 6.17% on average over the past years.
EPS 1Y (TTM)67.23%
EPS 3Y13.15%
EPS 5Y17.57%
EPS Q2Q%-12%
Revenue 1Y (TTM)5.89%
Revenue growth 3Y1.22%
Revenue growth 5Y6.17%
Sales Q2Q%-4.97%
3.2 Future
TGNA is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -2.05% yearly.
The Revenue is expected to decrease by -0.69% on average over the next years.
EPS Next Y-47.42%
EPS Next 2Y1.55%
EPS Next 3Y-10.9%
EPS Next 5Y-2.05%
Revenue Next Year-12.39%
Revenue Next 2Y-1.19%
Revenue Next 3Y-3.93%
Revenue Next 5Y-0.69%
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 6.65, the valuation of TGNA can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of TGNA indicates a rather cheap valuation: TGNA is cheaper than 86.17% of the companies listed in the same industry.
TGNA is valuated cheaply when we compare the Price/Earnings ratio to 26.11, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 6.15, which indicates a rather cheap valuation of TGNA.
TGNA's Price/Forward Earnings ratio is rather cheap when compared to the industry. TGNA is cheaper than 81.91% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of TGNA to the average of the S&P500 Index (22.55), we can say TGNA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.65 | ||
| Fwd PE | 6.15 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TGNA is valued a bit cheaper than 75.53% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, TGNA is valued cheaply inside the industry as 81.91% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.5 | ||
| EV/EBITDA | 6.51 |
4.3 Compensation for Growth
TGNA has an outstanding profitability rating, which 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)0.38
EPS Next 2Y1.55%
EPS Next 3Y-10.9%
5. Dividend
5.1 Amount
TGNA has a Yearly Dividend Yield of 2.55%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 4.46, TGNA pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.37, TGNA has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.55% |
5.2 History
On average, the dividend of TGNA grows each year by 11.34%, which is quite nice.
TGNA has paid a dividend for at least 10 years, which is 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 17.82% of its income as dividend. This is a sustainable payout ratio.
DP17.82%
EPS Next 2Y1.55%
EPS Next 3Y-10.9%
19.67
+0.05 (+0.25%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners103.14%
Inst Owner Change-0.32%
Ins Owners0.51%
Ins Owner Change2.67%
Market Cap3.17B
Revenue(TTM)3.03B
Net Income(TTM)452.67M
Analysts78.18
Price Target21.76 (10.63%)
Short Float %5.84%
Short Ratio2.77
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.55% |
Yearly Dividend0.48
Dividend Growth(5Y)11.34%
DP17.82%
Div Incr Years4
Div Non Decr Years8
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)14.27%
Min EPS beat(2)11.96%
Max EPS beat(2)16.59%
EPS beat(4)4
Avg EPS beat(4)9.47%
Min EPS beat(4)1.91%
Max EPS beat(4)16.59%
EPS beat(8)6
Avg EPS beat(8)3.7%
EPS beat(12)7
Avg EPS beat(12)0.43%
EPS beat(16)10
Avg EPS beat(16)1.22%
Revenue beat(2)0
Avg Revenue beat(2)-1.64%
Min Revenue beat(2)-1.8%
Max Revenue beat(2)-1.48%
Revenue beat(4)0
Avg Revenue beat(4)-1.42%
Min Revenue beat(4)-1.99%
Max Revenue beat(4)-0.43%
Revenue beat(8)0
Avg Revenue beat(8)-2.33%
Revenue beat(12)0
Avg Revenue beat(12)-3.07%
Revenue beat(16)0
Avg Revenue beat(16)-2.8%
PT rev (1m)0%
PT rev (3m)1.59%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-15.03%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.75%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.95%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.65 | ||
| Fwd PE | 6.15 | ||
| P/S | 1.04 | ||
| P/FCF | 5.5 | ||
| P/OCF | 5.11 | ||
| P/B | 1.02 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.51 |
EPS(TTM)2.96
EY15.05%
EPS(NY)3.2
Fwd EY16.25%
FCF(TTM)3.58
FCFY18.18%
OCF(TTM)3.85
OCFY19.55%
SpS18.83
BVpS19.21
TBVpS-13.75
PEG (NY)N/A
PEG (5Y)0.38
Graham Number35.77
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.2% | ||
| ROE | 14.63% | ||
| ROCE | 11.6% | ||
| ROIC | 9.05% | ||
| ROICexc | 10.27% | ||
| ROICexgc | 193.01% | ||
| OM | 24.33% | ||
| PM (TTM) | 14.93% | ||
| GM | 42.05% | ||
| FCFM | 18.98% |
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-Score7
Asset Turnover0.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.82 | ||
| Debt/FCF | 5.35 | ||
| Debt/EBITDA | 3 | ||
| Cap/Depr | 41.26% | ||
| Cap/Sales | 1.44% | ||
| Interest Coverage | 4.51 | ||
| Cash Conversion | 73.43% | ||
| Profit Quality | 127.18% | ||
| Current Ratio | 1.47 | ||
| Quick Ratio | 1.47 | ||
| Altman-Z | 2.92 |
F-Score7
WACC6.58%
ROIC/WACC1.37
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)67.23%
EPS 3Y13.15%
EPS 5Y17.57%
EPS Q2Q%-12%
EPS Next Y-47.42%
EPS Next 2Y1.55%
EPS Next 3Y-10.9%
EPS Next 5Y-2.05%
Revenue 1Y (TTM)5.89%
Revenue growth 3Y1.22%
Revenue growth 5Y6.17%
Sales Q2Q%-4.97%
Revenue Next Year-12.39%
Revenue Next 2Y-1.19%
Revenue Next 3Y-3.93%
Revenue Next 5Y-0.69%
EBIT growth 1Y31.44%
EBIT growth 3Y0.61%
EBIT growth 5Y6.42%
EBIT Next Year-29.7%
EBIT Next 3Y-6.86%
EBIT Next 5Y-3.5%
FCF growth 1Y-15.9%
FCF growth 3Y12.99%
FCF growth 5Y24.78%
OCF growth 1Y-14.97%
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 8 / 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.
What is the valuation of TEGNA INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for TEGNA INC (TGNA) is 6.65 and the Price/Book (PB) ratio is 1.02.
Can you provide the financial health for TGNA stock?
The financial health rating of TEGNA INC (TGNA) is 6 / 10.