TEGNA INC (TGNA) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TGNA - US87901J1051 - Common Stock
19.97 USD
+0.31 (+1.58%)
19.97 USD
0 (0%)
Overall TGNA gets a fundamental rating of 6 out of 10. We evaluated TGNA against 96 industry peers in the Media industry. TGNA has an excellent profitability rating, but there are some minor concerns on its financial health. TGNA has a bad growth rate and is valued cheaply. These ratings would make TGNA suitable for value investing!
1. Profitability
1.1 Basic Checks
In the past year TGNA was profitable.
In the past year TGNA had a positive cash flow from operations.
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 has a better Return On Assets (6.20%) than 81.25% of its industry peers.
TGNA's Return On Equity of 14.63% is amongst the best of the industry. TGNA outperforms 81.25% of its industry peers.
Looking at the Return On Invested Capital, with a value of 9.05%, TGNA belongs to the top of the industry, outperforming 86.46% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for TGNA is in line with the industry average of 8.26%.
| 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.
TGNA's Profit Margin has improved in the last couple of years.
The Operating Margin of TGNA (24.33%) is better than 97.92% of its industry peers.
TGNA's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 42.05%, TGNA is in line with its industry, outperforming 51.04% of the companies in the same 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so TGNA is still creating some value.
The number of shares outstanding for TGNA has been reduced compared to 1 year ago.
The number of shares outstanding for TGNA has been reduced compared to 5 years ago.
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.
Looking at the Altman-Z score, with a value of 2.92, TGNA belongs to the top of the industry, outperforming 83.33% 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.
Looking at the Debt to FCF ratio, with a value of 5.35, TGNA is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
TGNA has a Debt/Equity ratio of 0.82. This is a neutral value indicating TGNA is somewhat dependend on debt financing.
TGNA's Debt to Equity ratio of 0.82 is in line compared to the rest of the industry. TGNA outperforms 48.96% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.82 | ||
| Debt/FCF | 5.35 | ||
| Altman-Z | 2.92 |
ROIC/WACC1.3
WACC6.97%
2.3 Liquidity
TGNA has a Current Ratio of 1.47. This is a normal value and indicates that TGNA is financially healthy and should not expect problems in meeting its short term obligations.
TGNA's Current ratio of 1.47 is fine compared to the rest of the industry. TGNA outperforms 60.42% of its industry peers.
TGNA has a Quick Ratio of 1.47. This is a normal value and indicates that TGNA is financially healthy and should not expect problems in meeting its short term obligations.
TGNA has a better Quick ratio (1.47) than 61.46% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.47 | ||
| Quick Ratio | 1.47 |
3. Growth
3.1 Past
TGNA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 67.23%, which is quite impressive.
TGNA shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 17.57% yearly.
TGNA shows a small growth in Revenue. In the last year, the Revenue has grown by 5.89%.
Measured over the past years, TGNA shows a small growth in Revenue. The Revenue has been growing by 6.17% on average per year.
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.
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
TGNA is valuated cheaply with a Price/Earnings ratio of 6.75.
Based on the Price/Earnings ratio, TGNA is valued cheaper than 85.42% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 25.45. TGNA is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 6.25, the valuation of TGNA can be described as very cheap.
Based on the Price/Forward Earnings ratio, TGNA is valued cheaply inside the industry as 81.25% of the companies are valued more expensively.
TGNA is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.46, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.75 | ||
| Fwd PE | 6.25 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TGNA indicates a somewhat cheap valuation: TGNA is cheaper than 75.00% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, TGNA is valued a bit cheaper than the industry average as 79.17% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.59 | ||
| EV/EBITDA | 6.51 |
4.3 Compensation for Growth
TGNA has an outstanding 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)0.38
EPS Next 2Y1.55%
EPS Next 3Y-10.9%
5. Dividend
5.1 Amount
TGNA has a Yearly Dividend Yield of 2.54%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 4.64, TGNA pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.42, TGNA has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.54% |
5.2 History
The dividend of TGNA is nicely growing with an annual growth rate of 11.34%!
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%
19.97
+0.31 (+1.58%)
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 Cap3.22B
Revenue(TTM)3.03B
Net Income(TTM)452.67M
Analysts76.36
Price Target22.1 (10.67%)
Short Float %6.45%
Short Ratio5.04
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.54% |
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 | 6.75 | ||
| Fwd PE | 6.25 | ||
| P/S | 1.06 | ||
| P/FCF | 5.59 | ||
| P/OCF | 5.19 | ||
| P/B | 1.04 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.51 |
EPS(TTM)2.96
EY14.82%
EPS(NY)3.2
Fwd EY16.01%
FCF(TTM)3.58
FCFY17.9%
OCF(TTM)3.85
OCFY19.26%
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
WACC6.97%
ROIC/WACC1.3
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 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 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 6.75 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.