TEGNA INC (TGNA) Stock Fundamental Analysis
NYSE:TGNA - New York Stock Exchange, Inc. - US87901J1051 - Common Stock - Currency: USD
We assign a fundamental rating of 7 out of 10 to TGNA. TGNA was compared to 97 industry peers in the Media industry. TGNA gets an excellent profitability rating and is at the same time showing great financial health properties. TGNA is valued quite cheap, but it does not seem to be growing. This makes TGNA very considerable 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.
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 (8.16%) is better than 89.69% of its industry peers.
TGNA has a Return On Equity of 19.89%. This is amongst the best in the industry. TGNA outperforms 90.72% of its industry peers.
The Return On Invested Capital of TGNA (8.96%) is better than 83.51% 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 7.03%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.16% | ||
| ROE | 19.89% | ||
| ROIC | 8.96% |
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
The Profit Margin of TGNA (19.26%) is better than 93.81% of its industry peers.
TGNA's Profit Margin has improved in the last couple of years.
TGNA has a better Operating Margin (25.41%) than 96.91% of its industry peers.
TGNA's Operating Margin has been stable in the last couple of years.
TGNA has a Gross Margin (43.39%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of TGNA has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.41% | ||
| PM (TTM) | 19.26% | ||
| GM | 43.39% |
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
TGNA has less shares outstanding than it did 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.
TGNA has a Altman-Z score of 2.92. This is amongst the best in the industry. TGNA outperforms 86.60% of its industry peers.
The Debt to FCF ratio of TGNA is 4.86, which is a neutral value as it means it would take TGNA, 4.86 years of fcf income to pay off all of its debts.
TGNA has a Debt to FCF ratio of 4.86. This is in the better half of the industry: TGNA outperforms 77.32% of its industry peers.
A Debt/Equity ratio of 1.02 is on the high side and indicates that TGNA has dependencies on debt financing.
The Debt to Equity ratio of TGNA (1.02) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.02 | ||
| Debt/FCF | 4.86 | ||
| Altman-Z | 2.92 |
ROIC/WACC1.19
WACC7.55%
2.3 Liquidity
TGNA has a Current Ratio of 2.92. This indicates that TGNA is financially healthy and has no problem in meeting its short term obligations.
TGNA's Current ratio of 2.92 is amongst the best of the industry. TGNA outperforms 88.66% of its industry peers.
A Quick Ratio of 2.92 indicates that TGNA has no problem at all paying its short term obligations.
TGNA has a Quick ratio of 2.92. This is amongst the best in the industry. TGNA outperforms 88.66% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.92 | ||
| Quick Ratio | 2.92 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 79.19% over the past year.
The Earnings Per Share has been growing by 17.57% on average over the past years. This is quite good.
Looking at the last year, TGNA shows a small growth in Revenue. The Revenue has grown by 6.57% in the last year.
The Revenue has been growing slightly by 6.17% on average over the past years.
EPS 1Y (TTM)79.19%
EPS 3Y13.15%
EPS 5Y17.57%
EPS Q2Q%181.4%
Revenue 1Y (TTM)6.57%
Revenue growth 3Y1.22%
Revenue growth 5Y6.17%
Sales Q2Q%19.93%
3.2 Future
The Earnings Per Share is expected to decrease by -0.93% on average over the next years.
Based on estimates for the next years, TGNA will show a decrease in Revenue. The Revenue will decrease by -0.15% on average per year.
EPS Next Y-42.09%
EPS Next 2Y9.74%
EPS Next 3Y-7.63%
EPS Next 5Y-0.93%
Revenue Next Year-10.65%
Revenue Next 2Y0.16%
Revenue Next 3Y-3.27%
Revenue Next 5Y-0.15%
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
Based on the Price/Earnings ratio of 5.05, the valuation of TGNA can be described as very cheap.
TGNA's Price/Earnings ratio is rather cheap when compared to the industry. TGNA is cheaper than 90.72% of the companies in the same industry.
TGNA's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.29.
The Price/Forward Earnings ratio is 8.71, which indicates a very decent valuation of TGNA.
Based on the Price/Forward Earnings ratio, TGNA is valued cheaply inside the industry as 82.47% of the companies are valued more expensively.
TGNA is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.32, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.05 | ||
| Fwd PE | 8.71 |
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 77.32% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, TGNA is valued cheaply inside the industry as 88.66% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.97 | ||
| EV/EBITDA | 5.51 |
4.3 Compensation for Growth
The excellent profitability rating of TGNA may justify a higher PE ratio.
TGNA's earnings are expected to decrease with -7.63% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.29
EPS Next 2Y9.74%
EPS Next 3Y-7.63%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.11%, TGNA has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 5.05, TGNA pays a bit more dividend than its industry peers.
TGNA's Dividend Yield is a higher than the S&P500 average which is at 2.51.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.11% |
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.
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 Years3
Div Non Decr Years7
5.3 Sustainability
TGNA pays out 13.62% of its income as dividend. This is a sustainable payout ratio.
DP13.62%
EPS Next 2Y9.74%
EPS Next 3Y-7.63%
NYSE:TGNA (4/21/2025, 11:27:38 AM)
15.64
-0.45 (-2.8%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners100.08%
Inst Owner Change0.24%
Ins Owners0.36%
Ins Owner Change-2.64%
Market Cap2.51B
Analysts80
Price Target21.62 (38.24%)
Short Float %4.09%
Short Ratio4.67
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.11% |
Yearly Dividend0.48
Dividend Growth(5Y)11.34%
DP13.62%
Div Incr Years3
Div Non Decr Years7
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4.66%
Min EPS beat(2)1.91%
Max EPS beat(2)7.41%
EPS beat(4)4
Avg EPS beat(4)3.38%
Min EPS beat(4)1.65%
Max EPS beat(4)7.41%
EPS beat(8)5
Avg EPS beat(8)0.25%
EPS beat(12)6
Avg EPS beat(12)-1.79%
EPS beat(16)10
Avg EPS beat(16)-0.37%
Revenue beat(2)0
Avg Revenue beat(2)-1.21%
Min Revenue beat(2)-1.99%
Max Revenue beat(2)-0.43%
Revenue beat(4)0
Avg Revenue beat(4)-1.9%
Min Revenue beat(4)-2.64%
Max Revenue beat(4)-0.43%
Revenue beat(8)0
Avg Revenue beat(8)-2.63%
Revenue beat(12)0
Avg Revenue beat(12)-3.26%
Revenue beat(16)0
Avg Revenue beat(16)-2.76%
PT rev (1m)0.47%
PT rev (3m)1.44%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-28%
EPS NY rev (1m)-7.17%
EPS NY rev (3m)-6.48%
Revenue NQ rev (1m)-0.07%
Revenue NQ rev (3m)-1.47%
Revenue NY rev (1m)-0.07%
Revenue NY rev (3m)-0.46%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.05 | ||
| Fwd PE | 8.71 | ||
| P/S | 0.81 | ||
| P/FCF | 3.97 | ||
| P/OCF | 3.67 | ||
| P/B | 0.84 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.51 |
EPS(TTM)3.1
EY19.82%
EPS(NY)1.8
Fwd EY11.48%
FCF(TTM)3.94
FCFY25.16%
OCF(TTM)4.26
OCFY27.25%
SpS19.3
BVpS18.7
TBVpS-14.44
PEG (NY)N/A
PEG (5Y)0.29
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.16% | ||
| ROE | 19.89% | ||
| ROCE | 11.49% | ||
| ROIC | 8.96% | ||
| ROICexc | 9.97% | ||
| ROICexgc | 73.09% | ||
| OM | 25.41% | ||
| PM (TTM) | 19.26% | ||
| GM | 43.39% | ||
| FCFM | 20.39% |
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%
ROICexcg growth 3Y8.77%
ROICexcg 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-Score9
Asset Turnover0.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.02 | ||
| Debt/FCF | 4.86 | ||
| Debt/EBITDA | 3.41 | ||
| Cap/Depr | 46.19% | ||
| Cap/Sales | 1.69% | ||
| Interest Coverage | 4.79 | ||
| Cash Conversion | 75.96% | ||
| Profit Quality | 105.86% | ||
| Current Ratio | 2.92 | ||
| Quick Ratio | 2.92 | ||
| Altman-Z | 2.92 |
F-Score9
WACC7.55%
ROIC/WACC1.19
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)79.19%
EPS 3Y13.15%
EPS 5Y17.57%
EPS Q2Q%181.4%
EPS Next Y-42.09%
EPS Next 2Y9.74%
EPS Next 3Y-7.63%
EPS Next 5Y-0.93%
Revenue 1Y (TTM)6.57%
Revenue growth 3Y1.22%
Revenue growth 5Y6.17%
Sales Q2Q%19.93%
Revenue Next Year-10.65%
Revenue Next 2Y0.16%
Revenue Next 3Y-3.27%
Revenue Next 5Y-0.15%
EBIT growth 1Y26.95%
EBIT growth 3Y0.61%
EBIT growth 5Y6.42%
EBIT Next Year-25.06%
EBIT Next 3Y-7.72%
EBIT Next 5Y-2.58%
FCF growth 1Y18.77%
FCF growth 3Y12.99%
FCF growth 5Y24.78%
OCF growth 1Y16.64%
OCF growth 3Y10.94%
OCF growth 5Y18.15%