TEGNA INC (TGNA) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TGNA - US87901J1051 - Common Stock
19.33 USD
+0.01 (+0.05%)
19.33 USD
0 (0%)
We assign a fundamental rating of 7 out of 10 to TGNA. TGNA was compared to 91 industry peers in the Media industry. TGNA has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. TGNA is cheap, but on the other hand it scores bad on growth. Finally TGNA also has an excellent dividend rating. These ratings would make TGNA suitable for value and dividend investing!
1. Profitability
1.1 Basic Checks
TGNA had positive earnings in the past year.
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
With an excellent Return On Assets value of 5.04%, TGNA belongs to the best of the industry, outperforming 83.52% 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 78.02% of the companies in the same industry.
TGNA has a Return On Invested Capital of 7.32%. This is amongst the best in the industry. TGNA outperforms 83.52% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for TGNA is above the industry average of 6.93%.
| 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 84.62% of its industry peers.
In the last couple of years the Profit Margin of TGNA has grown nicely.
TGNA has a Operating Margin of 20.88%. This is amongst the best in the industry. TGNA outperforms 96.70% of its industry peers.
In the last couple of years the Operating Margin of TGNA has remained more or less at the same level.
TGNA has a Gross Margin (39.45%) which is in line with its industry peers.
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 | 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.
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 3.07. This indicates that TGNA is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.07, TGNA belongs to the top of the industry, outperforming 83.52% of the companies in the same industry.
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.
Looking at the Debt to FCF ratio, with a value of 5.89, TGNA is in the better half of the industry, outperforming 73.63% of the companies in the same industry.
TGNA has a Debt/Equity ratio of 0.81. This is a neutral value indicating 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 52.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | 5.89 | ||
| Altman-Z | 3.07 |
ROIC/WACC1.09
WACC6.74%
2.3 Liquidity
A Current Ratio of 2.22 indicates that TGNA has no problem at all paying its short term obligations.
TGNA's Current ratio of 2.22 is amongst the best of the industry. TGNA outperforms 82.42% of its industry peers.
TGNA has a Quick Ratio of 2.22. This indicates that TGNA is financially healthy and has no problem in meeting its short term obligations.
TGNA's Quick ratio of 2.22 is amongst the best of the industry. TGNA outperforms 83.52% 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%.
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%.
The Revenue has been growing slightly by 6.17% on average over the past years.
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-47.55%
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
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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 8.23, the valuation of TGNA can be described as very reasonable.
TGNA's Price/Earnings ratio is rather cheap when compared to the industry. TGNA is cheaper than 84.62% of the companies in the same industry.
When comparing the Price/Earnings ratio of TGNA to the average of the S&P500 Index (27.17), we can say TGNA is valued rather cheaply.
A Price/Forward Earnings ratio of 6.28 indicates a rather cheap valuation of TGNA.
TGNA's Price/Forward Earnings ratio is rather cheap when compared to the industry. TGNA is cheaper than 84.62% 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 23.79.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.23 | ||
| Fwd PE | 6.28 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TGNA is valued a bit cheaper than 72.53% of the companies in the same industry.
TGNA's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. TGNA is cheaper than 75.82% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.25 | ||
| EV/EBITDA | 7.72 |
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 -14.72% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.47
EPS Next 2Y-0.32%
EPS Next 3Y-14.72%
5. Dividend
5.1 Amount
TGNA has a Yearly Dividend Yield of 2.58%.
Compared to an average industry Dividend Yield of 1.28, TGNA pays a better dividend. On top of this TGNA pays more dividend than 80.22% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 1.94, TGNA pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.58% |
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
23.42% of the earnings are spent on dividend by TGNA. This is a low number and sustainable payout ratio.
DP23.42%
EPS Next 2Y-0.32%
EPS Next 3Y-14.72%
19.33
+0.01 (+0.05%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners96.18%
Inst Owner Change0%
Ins Owners0.62%
Ins Owner Change10.56%
Market Cap3.11B
Revenue(TTM)2.88B
Net Income(TTM)342.98M
Analysts50
Price Target22.1 (14.33%)
Short Float %5.97%
Short Ratio6.9
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.58% |
Yearly Dividend0.48
Dividend Growth(5Y)11.34%
DP23.42%
Div Incr Years4
Div Non Decr Years8
Ex-DateN/A
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)0%
PT rev (3m)1.56%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.73%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.25%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.49%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.23 | ||
| Fwd PE | 6.28 | ||
| P/S | 1.08 | ||
| P/FCF | 7.25 | ||
| P/OCF | 6.65 | ||
| P/B | 1 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.72 |
EPS(TTM)2.35
EY12.16%
EPS(NY)3.08
Fwd EY15.94%
FCF(TTM)2.67
FCFY13.79%
OCF(TTM)2.91
OCFY15.04%
SpS17.86
BVpS19.35
TBVpS-13.55
PEG (NY)N/A
PEG (5Y)0.47
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
WACC6.74%
ROIC/WACC1.09
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-47.55%
EPS Next 2Y-0.32%
EPS Next 3Y-14.72%
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-12.61%
Revenue Next 2Y-1.46%
Revenue Next 3Y-3.88%
Revenue Next 5Y-0.78%
EBIT growth 1Y-8.51%
EBIT growth 3Y0.61%
EBIT growth 5Y6.42%
EBIT Next Year-29.63%
EBIT Next 3Y-8.03%
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 7 / 10 to TGNA.
What is the valuation status of TEGNA INC (TGNA) stock?
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.
Can you provide the PE and PB ratios for TGNA stock?
The Price/Earnings (PE) ratio for TEGNA INC (TGNA) is 8.23 and the Price/Book (PB) ratio is 1.
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.