TEGNA INC (TGNA) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TGNA - US87901J1051 - Common Stock
19.16 USD
-0.11 (-0.57%)
19.16 USD
0 (0%)
Overall TGNA gets a fundamental rating of 6 out of 10. We evaluated TGNA against 98 industry peers in the Media industry. Both the health and profitability get an excellent rating, making TGNA a very profitable company, without any liquidiy or solvency issues. TGNA has a bad growth rate and is valued cheaply. These ratings could make TGNA a good candidate 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.
In the past 5 years TGNA has always been profitable.
Each year in the past 5 years TGNA had a positive operating cash flow.
1.2 Ratios
The Return On Assets of TGNA (5.04%) is better than 81.63% of its industry peers.
TGNA's Return On Equity of 11.01% is fine compared to the rest of the industry. TGNA outperforms 74.49% of its industry peers.
TGNA has a Return On Invested Capital of 7.32%. This is amongst the best in the industry. TGNA outperforms 81.63% of its industry peers.
TGNA had an Average Return On Invested Capital over the past 3 years of 9.16%. This is in line with the industry average of 7.98%.
| 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
With an excellent Profit Margin value of 11.92%, TGNA belongs to the best of the industry, outperforming 84.69% of the companies in the same industry.
TGNA's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 20.88%, TGNA belongs to the top of the industry, outperforming 96.94% 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 (39.45%) which is in line with its industry peers.
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.
TGNA has less shares outstanding than it did 1 year ago.
The number of shares outstanding for TGNA has been reduced compared to 5 years ago.
The debt/assets ratio for TGNA has been reduced compared to a year ago.
2.2 Solvency
TGNA has an Altman-Z score of 3.07. This indicates that TGNA is financially healthy and has little risk of bankruptcy at the moment.
TGNA has a Altman-Z score of 3.07. This is amongst the best in the industry. TGNA outperforms 82.65% of its industry peers.
The Debt to FCF ratio of TGNA is 5.89, which is a neutral value as it means it would take TGNA, 5.89 years of fcf income to pay off all of its debts.
TGNA has a Debt to FCF ratio of 5.89. This is in the better half of the industry: TGNA outperforms 73.47% of its industry peers.
A Debt/Equity ratio of 0.81 indicates that TGNA is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.81, TGNA is in line with its industry, outperforming 51.02% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | 5.89 | ||
| Altman-Z | 3.07 |
ROIC/WACC1.11
WACC6.62%
2.3 Liquidity
A Current Ratio of 2.22 indicates that TGNA has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.22, TGNA belongs to the top of the industry, outperforming 82.65% 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.
The Quick ratio of TGNA (2.22) is better than 82.65% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.22 | ||
| Quick Ratio | 2.22 |
3. Growth
3.1 Past
TGNA shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 1.29%.
Measured over the past years, TGNA shows a quite strong growth in Earnings Per Share. The EPS has been growing by 17.57% on average per year.
The Revenue has decreased by -2.73% 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)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.
TGNA is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.78% yearly.
EPS Next Y-47.42%
EPS Next 2Y1.55%
EPS Next 3Y-10.9%
EPS Next 5Y-1.91%
Revenue Next Year-12.39%
Revenue Next 2Y-3.64%
Revenue Next 3Y-6.43%
Revenue Next 5Y-0.78%
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
With a Price/Earnings ratio of 8.15, 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 83.67% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of TGNA to the average of the S&P500 Index (26.46), we can say TGNA is valued rather cheaply.
A Price/Forward Earnings ratio of 5.99 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 83.67% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 36.10. TGNA is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.15 | ||
| Fwd PE | 5.99 |
4.2 Price Multiples
67.35% 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 somewhat cheap valuation: TGNA is cheaper than 76.53% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.19 | ||
| EV/EBITDA | 7.7 |
4.3 Compensation for Growth
TGNA has a very decent profitability rating, which 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)0.46
EPS Next 2Y1.55%
EPS Next 3Y-10.9%
5. Dividend
5.1 Amount
TGNA has a Yearly Dividend Yield of 2.56%.
Compared to an average industry Dividend Yield of 4.50, TGNA pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.32, TGNA has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.56% |
5.2 History
On average, the dividend of TGNA grows each year by 11.34%, 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)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 2Y1.55%
EPS Next 3Y-10.9%
19.16
-0.11 (-0.57%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners103.14%
Inst Owner Change-5.54%
Ins Owners0.51%
Ins Owner Change2.67%
Market Cap3.09B
Revenue(TTM)2.88B
Net Income(TTM)342.98M
Analysts76.36
Price Target22.1 (15.34%)
Short Float %6.57%
Short Ratio5.37
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.56% |
Yearly Dividend0.48
Dividend Growth(5Y)11.34%
DP23.42%
Div Incr Years4
Div Non Decr Years8
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)7.61%
Min EPS beat(2)-1.36%
Max EPS beat(2)16.59%
EPS beat(4)3
Avg EPS beat(4)7.27%
Min EPS beat(4)-1.36%
Max EPS beat(4)16.59%
EPS beat(8)6
Avg EPS beat(8)3.85%
EPS beat(12)7
Avg EPS beat(12)1.35%
EPS beat(16)9
Avg EPS beat(16)0.46%
Revenue beat(2)0
Avg Revenue beat(2)-2.43%
Min Revenue beat(2)-3.06%
Max Revenue beat(2)-1.8%
Revenue beat(4)0
Avg Revenue beat(4)-2.08%
Min Revenue beat(4)-3.06%
Max Revenue beat(4)-1.48%
Revenue beat(8)0
Avg Revenue beat(8)-2.39%
Revenue beat(12)0
Avg Revenue beat(12)-2.84%
Revenue beat(16)0
Avg Revenue beat(16)-2.95%
PT rev (1m)1.56%
PT rev (3m)4.42%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2.53%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.72%
Revenue NQ rev (1m)-0.44%
Revenue NQ rev (3m)-0.27%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.15 | ||
| Fwd PE | 5.99 | ||
| P/S | 1.07 | ||
| P/FCF | 7.19 | ||
| P/OCF | 6.59 | ||
| P/B | 0.99 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.7 |
EPS(TTM)2.35
EY12.27%
EPS(NY)3.2
Fwd EY16.68%
FCF(TTM)2.67
FCFY13.92%
OCF(TTM)2.91
OCFY15.18%
SpS17.86
BVpS19.35
TBVpS-13.55
PEG (NY)N/A
PEG (5Y)0.46
Graham Number31.99
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.04% | ||
| ROE | 11.01% | ||
| ROCE | 9.38% | ||
| ROIC | 7.32% | ||
| ROICexc | 7.59% | ||
| ROICexgc | 53.74% | ||
| OM | 20.88% | ||
| PM (TTM) | 11.92% | ||
| GM | 39.45% | ||
| FCFM | 14.93% |
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-Score6
Asset Turnover0.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | 5.89 | ||
| Debt/EBITDA | 3.61 | ||
| Cap/Depr | 38.76% | ||
| Cap/Sales | 1.35% | ||
| Interest Coverage | 3.72 | ||
| Cash Conversion | 66.81% | ||
| Profit Quality | 125.2% | ||
| Current Ratio | 2.22 | ||
| Quick Ratio | 2.22 | ||
| Altman-Z | 3.07 |
F-Score6
WACC6.62%
ROIC/WACC1.11
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)1.29%
EPS 3Y13.15%
EPS 5Y17.57%
EPS Q2Q%-64.89%
EPS Next Y-47.42%
EPS Next 2Y1.55%
EPS Next 3Y-10.9%
EPS Next 5Y-1.91%
Revenue 1Y (TTM)-2.73%
Revenue growth 3Y1.22%
Revenue growth 5Y6.17%
Sales Q2Q%-19.34%
Revenue Next Year-12.39%
Revenue Next 2Y-3.64%
Revenue Next 3Y-6.43%
Revenue Next 5Y-0.78%
EBIT growth 1Y-8.51%
EBIT growth 3Y0.61%
EBIT growth 5Y6.42%
EBIT Next Year-29.7%
EBIT Next 3Y-6.86%
EBIT Next 5Y-3.53%
FCF growth 1Y-25.19%
FCF growth 3Y12.99%
FCF growth 5Y24.78%
OCF growth 1Y-24.49%
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 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 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 8.15 and the Price/Book (PB) ratio is 0.99.
Can you provide the financial health for TGNA stock?
The financial health rating of TEGNA INC (TGNA) is 8 / 10.