TEGNA INC (TGNA) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TGNA - US87901J1051 - Common Stock
18.92 USD
-0.04 (-0.21%)
18.92 USD
0 (0%)
We assign a fundamental rating of 7 out of 10 to TGNA. TGNA was compared to 92 industry peers in the Media industry. TGNA scores excellent points on both the profitability and health parts. This is a solid base for a good stock. TGNA is cheap, but on the other hand it scores bad on growth. Finally TGNA also has an excellent dividend rating. This makes TGNA very considerable 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.
- 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
- With an excellent Return On Assets value of 5.04%, TGNA belongs to the best of the industry, outperforming 84.78% of the companies in the same industry.
- Looking at the Return On Equity, with a value of 11.01%, TGNA is in the better half of the industry, outperforming 79.35% of the companies in the same industry.
- TGNA has a better Return On Invested Capital (7.32%) than 84.78% of its industry peers.
- TGNA had an Average Return On Invested Capital over the past 3 years of 9.16%. This is above the industry average of 7.07%.
| 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
- TGNA's Profit Margin of 11.92% is amongst the best of the industry. TGNA outperforms 85.87% of its industry peers.
- TGNA's Profit Margin has improved in the last couple of years.
- The Operating Margin of TGNA (20.88%) is better than 96.74% of its industry peers.
- In the last couple of years the Operating Margin of TGNA has remained more or less at the same level.
- The Gross Margin of TGNA (39.45%) 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 | 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
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), TGNA is creating some value.
- The number of shares outstanding for TGNA has been reduced compared to 1 year ago.
- 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
- An Altman-Z score of 3.06 indicates that TGNA is not in any danger for bankruptcy at the moment.
- TGNA has a Altman-Z score of 3.06. This is amongst the best in the industry. TGNA outperforms 83.70% of its industry peers.
- TGNA has a debt to FCF ratio of 5.89. This is a neutral value as TGNA would need 5.89 years to pay back of all of its debts.
- TGNA's Debt to FCF ratio of 5.89 is fine compared to the rest of the industry. TGNA outperforms 75.00% of its industry peers.
- A Debt/Equity ratio of 0.81 indicates that TGNA is somewhat dependend on debt financing.
- With a Debt to Equity ratio value of 0.81, TGNA perfoms like the industry average, outperforming 53.26% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | 5.89 | ||
| Altman-Z | 3.06 |
ROIC/WACC1.01
WACC7.23%
2.3 Liquidity
- A Current Ratio of 2.22 indicates that TGNA has no problem at all paying its short term obligations.
- TGNA has a better Current ratio (2.22) than 82.61% of its industry peers.
- A Quick Ratio of 2.22 indicates that TGNA has no problem at all paying its short term obligations.
- With an excellent Quick ratio value of 2.22, TGNA belongs to the best of the industry, outperforming 83.70% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.22 | ||
| Quick Ratio | 2.22 |
3. Growth
3.1 Past
- The Earnings Per Share has been growing slightly by 1.29% over the past year.
- 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 decrease in Revenue. In the last year, the revenue decreased by -2.73%.
- 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
- TGNA is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -1.91% yearly.
- TGNA is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.78% yearly.
EPS Next Y-47.55%
EPS Next 2Y-0.32%
EPS Next 3Y-14.72%
EPS Next 5Y-1.91%
Revenue Next Year-12.61%
Revenue Next 2Y-1.46%
Revenue Next 3Y-3.88%
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.
- 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 reasonably with a Price/Earnings ratio of 8.05.
- 88.04% of the companies in the same industry are more expensive than TGNA, based on the Price/Earnings ratio.
- Compared to an average S&P500 Price/Earnings ratio of 27.25, TGNA is valued rather cheaply.
- The Price/Forward Earnings ratio is 6.14, which indicates a rather cheap valuation of TGNA.
- Based on the Price/Forward Earnings ratio, TGNA is valued cheaper than 84.78% of the companies in the same industry.
- TGNA's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.98.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.05 | ||
| Fwd PE | 6.14 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, TGNA is valued a bit cheaper than 76.09% 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 80.43% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.1 | ||
| EV/EBITDA | 7.62 |
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 -14.72% in the coming years.
PEG (NY)N/A
PEG (5Y)0.46
EPS Next 2Y-0.32%
EPS Next 3Y-14.72%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 2.64%, TGNA has a reasonable but not impressive dividend return.
- TGNA's Dividend Yield is rather good when compared to the industry average which is at 1.22. TGNA pays more dividend than 81.52% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.82, TGNA pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.64% |
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.
- TGNA has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
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 2Y-0.32%
EPS Next 3Y-14.72%
TEGNA INC / TGNA FAQ
Can you provide the ChartMill fundamental rating for TEGNA INC?
ChartMill assigns a fundamental rating of 7 / 10 to TGNA.
What is the valuation status of TEGNA INC (TGNA) stock?
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.
Can you provide the PE and PB ratios for TGNA stock?
The Price/Earnings (PE) ratio for TEGNA INC (TGNA) is 8.05 and the Price/Book (PB) ratio is 0.98.
Can you provide the expected EPS growth for TGNA stock?
The Earnings per Share (EPS) of TEGNA INC (TGNA) is expected to decline by -47.55% in the next year.