TEGNA INC (TGNA) Stock Fundamental Analysis
USA - NYSE:TGNA - US87901J1051 - Common Stock
19.92 USD
-0.04 (-0.2%)
19.92 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. While TGNA belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. TGNA has a bad growth rate and is valued cheaply. This makes TGNA very considerable for value 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
The Return On Assets of TGNA (6.20%) is better than 81.25% of its industry peers.
With an excellent Return On Equity value of 14.63%, TGNA belongs to the best of the industry, outperforming 82.29% of the companies in the same industry.
TGNA's Return On Invested Capital of 9.05% is amongst the best of the industry. TGNA outperforms 86.46% 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 8.32%.
| 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 89.58% of its industry peers.
In the last couple of years the Profit Margin of TGNA has grown nicely.
TGNA's Operating Margin of 24.33% is amongst the best of the industry. TGNA outperforms 97.92% of its industry peers.
TGNA's Operating Margin has been stable in the last couple of years.
TGNA has a Gross Margin of 42.05%. This is comparable to the rest of the industry: TGNA outperforms 51.04% of its industry peers.
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
The number of shares outstanding for TGNA has been reduced compared to 5 years ago.
TGNA has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.92 indicates that TGNA is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.92, TGNA belongs to the top of the industry, outperforming 82.29% of the companies in the same industry.
TGNA has a debt to FCF ratio of 5.35. This is a neutral value as TGNA would need 5.35 years to pay back of all of its debts.
TGNA's Debt to FCF ratio of 5.35 is fine compared to the rest of the industry. TGNA outperforms 75.00% of its industry peers.
TGNA has a Debt/Equity ratio of 0.82. This is a neutral value indicating TGNA is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.82, TGNA perfoms like the industry average, outperforming 48.96% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.82 | ||
| Debt/FCF | 5.35 | ||
| Altman-Z | 2.92 |
ROIC/WACC1.31
WACC6.93%
2.3 Liquidity
A Current Ratio of 1.47 indicates that TGNA should not have too much problems paying its short term obligations.
The Current ratio of TGNA (1.47) is better than 60.42% of its industry peers.
A Quick Ratio of 1.47 indicates that TGNA should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.47, TGNA is doing good in the industry, outperforming 61.46% of the companies in the same industry.
| 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.
TGNA shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.17% yearly.
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
Based on estimates for the next years, TGNA will show a decrease in Earnings Per Share. The EPS will decrease by -2.05% on average per year.
TGNA is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.69% yearly.
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-3.64%
Revenue Next 3Y-6.43%
Revenue Next 5Y-0.69%
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
The Price/Earnings ratio is 6.73, 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 84.38% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 25.89. TGNA is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 6.23 indicates a rather cheap valuation of TGNA.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TGNA indicates a rather cheap valuation: TGNA is cheaper than 82.29% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.59, TGNA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.73 | ||
| Fwd PE | 6.23 |
4.2 Price Multiples
75.00% of the companies in the same industry are more expensive than TGNA, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TGNA indicates a rather cheap valuation: TGNA is cheaper than 81.25% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.57 | ||
| EV/EBITDA | 6.56 |
4.3 Compensation for Growth
The excellent profitability rating of TGNA may justify a higher PE ratio.
A cheap valuation may be justified as TGNA's earnings are expected to decrease with -10.90% in the coming years.
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 2.51%. Purely for dividend investing, there may be better candidates out there.
TGNA's Dividend Yield is a higher than the industry average which is at 4.42.
Compared to an average S&P500 Dividend Yield of 2.44, TGNA has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.51% |
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%
19.92
-0.04 (-0.2%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners103.14%
Inst Owner Change-5.42%
Ins Owners0.51%
Ins Owner Change3.14%
Market Cap3.21B
Revenue(TTM)3.03B
Net Income(TTM)452.67M
Analysts76.36
Price Target21.76 (9.24%)
Short Float %5.84%
Short Ratio2.77
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.51% |
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)-0.37%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.73 | ||
| Fwd PE | 6.23 | ||
| P/S | 1.06 | ||
| P/FCF | 5.57 | ||
| P/OCF | 5.18 | ||
| P/B | 1.04 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.56 |
EPS(TTM)2.96
EY14.86%
EPS(NY)3.2
Fwd EY16.05%
FCF(TTM)3.58
FCFY17.95%
OCF(TTM)3.85
OCFY19.31%
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
WACC6.93%
ROIC/WACC1.31
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-3.64%
Revenue Next 3Y-6.43%
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 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 6.73 and the Price/Book (PB) ratio is 1.04.
Can you provide the financial health for TGNA stock?
The financial health rating of TEGNA INC (TGNA) is 6 / 10.