TEGNA INC (TGNA) Stock Fundamental Analysis
NYSE:TGNA - New York Stock Exchange, Inc. - US87901J1051 - Common Stock - Currency: USD
Taking everything into account, TGNA scores 6 out of 10 in our fundamental rating. TGNA was compared to 93 industry peers in the Media industry. While TGNA belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. TGNA is valued quite cheap, while showing a decent growth score. This is a good combination! TGNA also has an excellent dividend rating. These ratings would make TGNA suitable for value and dividend 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.
Each year in the past 5 years TGNA has been profitable.
TGNA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
TGNA's Return On Assets of 6.85% is amongst the best of the industry. TGNA outperforms 89.66% of its industry peers.
The Return On Equity of TGNA (17.17%) is better than 87.36% of its industry peers.
With a decent Return On Invested Capital value of 7.52%, TGNA is doing good in the industry, outperforming 78.16% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for TGNA is above the industry average of 6.94%.
| 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's Profit Margin of 16.67% is amongst the best of the industry. TGNA outperforms 93.10% of its industry peers.
In the last couple of years the Profit Margin of TGNA has declined.
With an excellent Operating Margin value of 22.20%, TGNA belongs to the best of the industry, outperforming 94.25% of the companies in the same industry.
In the last couple of years the Operating Margin of TGNA has declined.
TGNA has a Gross Margin of 41.72%. This is comparable to the rest of the industry: TGNA outperforms 48.28% of its industry peers.
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), TGNA is creating some value.
TGNA has less shares outstanding than it did 1 year ago.
TGNA has less shares outstanding than it did 5 years ago.
TGNA has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.88 indicates that TGNA is not a great score, but indicates only limited risk for bankruptcy at the moment.
TGNA has a Altman-Z score of 2.88. This is amongst the best in the industry. TGNA outperforms 85.06% of its industry peers.
TGNA has a debt to FCF ratio of 6.15. This is a slightly negative value and a sign of low solvency as TGNA would need 6.15 years to pay back of all of its debts.
The Debt to FCF ratio of TGNA (6.15) is better than 66.67% of its industry peers.
A Debt/Equity ratio of 1.07 is on the high side and indicates that TGNA has dependencies on debt financing.
TGNA has a Debt to Equity ratio (1.07) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.07 | ||
| Debt/FCF | 6.15 | ||
| Altman-Z | 2.88 |
ROIC/WACC1.14
WACC6.62%
2.3 Liquidity
A Current Ratio of 2.60 indicates that TGNA has no problem at all paying its short term obligations.
TGNA has a Current ratio of 2.60. This is in the better half of the industry: TGNA outperforms 78.16% of its industry peers.
A Quick Ratio of 2.60 indicates that TGNA has no problem at all paying its short term obligations.
The Quick ratio of TGNA (2.60) is better than 79.31% 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%.
Measured over the past years, TGNA shows a small growth in Revenue. The Revenue has been growing by 5.69% on average per year.
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
Based on estimates for the next years, TGNA will show a very strong growth in Earnings Per Share. The EPS will grow by 26.20% on average per year.
Based on estimates for the next years, TGNA will show a small growth in Revenue. The Revenue will grow by 1.28% on average per year.
EPS Next Y86.67%
EPS Next 2Y5.34%
EPS Next 3Y28.81%
EPS Next 5Y26.2%
Revenue Next Year5.61%
Revenue Next 2Y-2.62%
Revenue Next 3Y1.36%
Revenue Next 5Y1.28%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
The Price/Earnings ratio is 7.91, which indicates a rather cheap valuation of TGNA.
Compared to the rest of the industry, the Price/Earnings ratio of TGNA indicates a rather cheap valuation: TGNA is cheaper than 87.36% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 28.58. TGNA is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 9.55, the valuation of TGNA can be described as reasonable.
82.76% of the companies in the same industry are more expensive than TGNA, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 95.03. TGNA is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.91 | ||
| Fwd PE | 9.55 |
4.2 Price Multiples
TGNA's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. TGNA is cheaper than 70.11% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TGNA indicates a rather cheap valuation: TGNA is cheaper than 83.91% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.91 | ||
| EV/EBITDA | 7.14 |
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 28.81% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.09
PEG (5Y)N/A
EPS Next 2Y5.34%
EPS Next 3Y28.81%
5. Dividend
5.1 Amount
TGNA has a Yearly Dividend Yield of 2.72%.
Compared to an average industry Dividend Yield of 4.37, TGNA pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.28, TGNA has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.72% |
5.2 History
On average, the dividend of TGNA grows each year by 8.19%, which is quite nice.
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)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.
TGNA's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP16.59%
EPS Next 2Y5.34%
EPS Next 3Y28.81%
TEGNA INC
NYSE:TGNA (2/5/2025, 8:04:00 PM)
After market: 18.34 0 (0%)18.34
-0.03 (-0.16%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners94.37%
Inst Owner Change-1.31%
Ins Owners0.46%
Ins Owner Change-2.84%
Market Cap2.95B
Analysts80
Price Target21.93 (19.57%)
Short Float %3.88%
Short Ratio4.65
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.72% |
Yearly Dividend0.41
Dividend Growth(5Y)8.19%
DP16.59%
Div Incr Years3
Div Non Decr Years7
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4.98%
Min EPS beat(2)2.55%
Max EPS beat(2)7.41%
EPS beat(4)3
Avg EPS beat(4)0.42%
Min EPS beat(4)-9.92%
Max EPS beat(4)7.41%
EPS beat(8)4
Avg EPS beat(8)-1.62%
EPS beat(12)6
Avg EPS beat(12)-1.81%
EPS beat(16)10
Avg EPS beat(16)-0.37%
Revenue beat(2)0
Avg Revenue beat(2)-1.53%
Min Revenue beat(2)-2.64%
Max Revenue beat(2)-0.43%
Revenue beat(4)0
Avg Revenue beat(4)-2.71%
Min Revenue beat(4)-5.22%
Max Revenue beat(4)-0.43%
Revenue beat(8)0
Avg Revenue beat(8)-3.22%
Revenue beat(12)0
Avg Revenue beat(12)-3.24%
Revenue beat(16)0
Avg Revenue beat(16)-2.69%
PT rev (1m)2.87%
PT rev (3m)15.44%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-20.99%
EPS NY rev (1m)4.83%
EPS NY rev (3m)0.76%
Revenue NQ rev (1m)0.17%
Revenue NQ rev (3m)-5.89%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.91 | ||
| Fwd PE | 9.55 | ||
| P/S | 1 | ||
| P/FCF | 5.91 | ||
| P/OCF | 4.82 | ||
| P/B | 1.03 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.14 |
EPS(TTM)2.32
EY12.65%
EPS(NY)1.92
Fwd EY10.47%
FCF(TTM)3.11
FCFY16.93%
OCF(TTM)3.81
OCFY20.77%
SpS18.35
BVpS17.82
TBVpS-15.31
PEG (NY)0.09
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.85% | ||
| ROE | 17.17% | ||
| ROCE | 9.75% | ||
| ROIC | 7.52% | ||
| ROICexc | 8.17% | ||
| ROICexgc | 59.07% | ||
| OM | 22.2% | ||
| PM (TTM) | 16.67% | ||
| GM | 41.72% | ||
| FCFM | 16.92% |
ROA(3y)7.42%
ROA(5y)6.68%
ROE(3y)19%
ROE(5y)19.68%
ROIC(3y)9.14%
ROIC(5y)8.92%
ROICexc(3y)9.62%
ROICexc(5y)9.23%
ROICexgc(3y)61.23%
ROICexgc(5y)59.92%
ROCE(3y)11.85%
ROCE(5y)11.57%
ROICexcg growth 3Y-10.71%
ROICexcg growth 5Y-8.65%
ROICexc growth 3Y-10.11%
ROICexc growth 5Y-7.39%
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%
F-Score4
Asset Turnover0.41
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.07 | ||
| Debt/FCF | 6.15 | ||
| Debt/EBITDA | 3.99 | ||
| Cap/Depr | 99.59% | ||
| Cap/Sales | 3.83% | ||
| Interest Coverage | 3.98 | ||
| Cash Conversion | 79.68% | ||
| Profit Quality | 101.5% | ||
| Current Ratio | 2.6 | ||
| Quick Ratio | 2.6 | ||
| Altman-Z | 2.88 |
F-Score4
WACC6.62%
ROIC/WACC1.14
Cap/Depr(3y)46.68%
Cap/Depr(5y)50.75%
Cap/Sales(3y)1.85%
Cap/Sales(5y)2.19%
Profit Quality(3y)108.29%
Profit Quality(5y)111.12%
High Growth Momentum
Growth
EPS 1Y (TTM)1.75%
EPS 3Y-9.06%
EPS 5Y-1.12%
EPS Q2Q%141.03%
EPS Next Y86.67%
EPS Next 2Y5.34%
EPS Next 3Y28.81%
EPS Next 5Y26.2%
Revenue 1Y (TTM)-4.67%
Revenue growth 3Y-0.31%
Revenue growth 5Y5.69%
Sales Q2Q%13.12%
Revenue Next Year5.61%
Revenue Next 2Y-2.62%
Revenue Next 3Y1.36%
Revenue Next 5Y1.28%
EBIT growth 1Y-18.52%
EBIT growth 3Y-10.91%
EBIT growth 5Y-2.37%
EBIT Next Year46.06%
EBIT Next 3Y13.34%
EBIT Next 5Y7.92%
FCF growth 1Y-28.57%
FCF growth 3Y-11.16%
FCF growth 5Y2.88%
OCF growth 1Y-19.22%
OCF growth 3Y-9.98%
OCF growth 5Y2.18%