TEGNA INC (TGNA) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TGNA - US87901J1051 - Common Stock
19.33 USD
-0.07 (-0.36%)
19.33 USD
0 (0%)
We assign a fundamental rating of 7 out of 10 to TGNA. TGNA was compared to 95 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 has a bad growth rate and is valued cheaply. 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.
In the past year TGNA had a positive cash flow from operations.
In the past 5 years TGNA has always been profitable.
TGNA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
TGNA's Return On Assets of 5.04% is amongst the best of the industry. TGNA outperforms 82.11% of its industry peers.
TGNA has a Return On Equity of 11.01%. This is in the better half of the industry: TGNA outperforms 76.84% of its industry peers.
TGNA's Return On Invested Capital of 7.32% is amongst the best of the industry. TGNA outperforms 82.11% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for TGNA is above the industry average of 7.09%.
| 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 84.21% of its industry peers.
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 96.84% of the companies in the same industry.
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 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 | 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.
Compared to 5 years ago, TGNA has less shares outstanding
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.
Looking at the Altman-Z score, with a value of 3.07, TGNA belongs to the top of the industry, outperforming 82.11% 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.
The Debt to FCF ratio of TGNA (5.89) is better than 71.58% of its industry peers.
TGNA has a Debt/Equity ratio of 0.81. This is a neutral value indicating TGNA is somewhat dependend on debt financing.
TGNA has a Debt to Equity ratio (0.81) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | 5.89 | ||
| Altman-Z | 3.07 |
ROIC/WACC1.05
WACC6.96%
2.3 Liquidity
TGNA has a Current Ratio of 2.22. This indicates that TGNA is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.22, TGNA belongs to the top of the industry, outperforming 81.05% 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.
TGNA's Quick ratio of 2.22 is amongst the best of the industry. TGNA outperforms 82.11% of its industry peers.
| 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.
The Revenue has decreased by -2.73% in the past year.
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
TGNA is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -1.91% yearly.
Based on estimates for the next years, TGNA will show a decrease in Revenue. The Revenue will decrease by -0.78% on average per year.
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
Based on the Price/Earnings ratio of 8.23, the valuation of TGNA can be described as reasonable.
Based on the Price/Earnings ratio, TGNA is valued cheaply inside the industry as 83.16% of the companies are valued more expensively.
TGNA's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.84.
Based on the Price/Forward Earnings ratio of 6.28, 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 84.21% of the companies are valued more expensively.
TGNA's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.23 | ||
| Fwd PE | 6.28 |
4.2 Price Multiples
TGNA's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. TGNA is cheaper than 71.58% of the companies in the same industry.
75.79% of the companies in the same industry are more expensive than TGNA, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.25 | ||
| EV/EBITDA | 7.72 |
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)0.47
EPS Next 2Y-0.32%
EPS Next 3Y-14.72%
5. Dividend
5.1 Amount
TGNA has a Yearly Dividend Yield of 2.58%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.22, TGNA pays a better dividend. On top of this TGNA pays more dividend than 81.05% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.00, TGNA pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.58% |
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.
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%
19.33
-0.07 (-0.36%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners96.3%
Inst Owner Change-5.54%
Ins Owners0.45%
Ins Owner Change10.56%
Market Cap3.11B
Revenue(TTM)2.88B
Net Income(TTM)342.98M
Analysts50
Price Target22.1 (14.33%)
Short Float %6.24%
Short Ratio6.49
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-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)0%
PT rev (3m)1.56%
EPS NQ rev (1m)1.73%
EPS NQ rev (3m)1.73%
EPS NY rev (1m)-0.25%
EPS NY rev (3m)-0.25%
Revenue NQ rev (1m)-0.05%
Revenue NQ rev (3m)-0.49%
Revenue NY rev (1m)-0.25%
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
WACC6.96%
ROIC/WACC1.05
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.
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 8.23 and the Price/Book (PB) ratio is 1.
Can you provide the financial health for TGNA stock?
The financial health rating of TEGNA INC (TGNA) is 8 / 10.