TEGNA INC (TGNA) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TGNA - US87901J1051 - Common Stock
19.38 USD
+0.02 (+0.1%)
19.38 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to TGNA. TGNA was compared to 94 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 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.
TGNA had a positive operating cash flow in the past year.
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 82.98% of its industry peers.
TGNA has a better Return On Equity (11.01%) than 77.66% of its industry peers.
TGNA's Return On Invested Capital of 7.32% is amongst the best of the industry. TGNA outperforms 82.98% of its industry peers.
The Average Return On Invested Capital over the past 3 years for TGNA is in line with the industry average of 7.16%.
| 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 has a better Profit Margin (11.92%) than 85.11% of its industry peers.
In the last couple of years the Profit Margin of TGNA has grown nicely.
With an excellent Operating Margin value of 20.88%, TGNA belongs to the best of the industry, outperforming 96.81% of the companies in the same industry.
TGNA's Operating Margin has been stable in the last couple of years.
TGNA has a Gross Margin of 39.45%. This is comparable to the rest of the industry: TGNA outperforms 48.94% of 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), TGNA is creating some value.
TGNA has less shares outstanding than it did 1 year ago.
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 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 82.98% 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 72.34% 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.
With a Debt to Equity ratio value of 0.81, TGNA perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | 5.89 | ||
| Altman-Z | 3.07 |
ROIC/WACC1.12
WACC6.51%
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.
The Current ratio of TGNA (2.22) is better than 81.91% 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.
Looking at the Quick ratio, with a value of 2.22, TGNA belongs to the top of the industry, outperforming 81.91% of the companies in the same industry.
| 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%.
The Earnings Per Share has been growing by 17.57% on average over the past years. This is quite good.
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
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
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 8.25, the valuation of TGNA can be described as reasonable.
84.04% of the companies in the same industry are more expensive than TGNA, based on the Price/Earnings ratio.
TGNA is valuated cheaply when we compare the Price/Earnings ratio to 26.59, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 6.29 indicates a rather cheap valuation of TGNA.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TGNA indicates a rather cheap valuation: TGNA is cheaper than 85.11% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 24.03, TGNA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.25 | ||
| Fwd PE | 6.29 |
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 72.34% of the companies listed in the same industry.
TGNA's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. TGNA is cheaper than 76.60% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.27 | ||
| EV/EBITDA | 7.72 |
4.3 Compensation for Growth
TGNA has a very decent profitability rating, which 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 2.56%.
Compared to an average industry Dividend Yield of 1.22, TGNA pays a better dividend. On top of this TGNA pays more dividend than 80.85% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 1.87, TGNA pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.56% |
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
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%
19.38
+0.02 (+0.1%)
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 Cap3.12B
Revenue(TTM)2.88B
Net Income(TTM)342.98M
Analysts50
Price Target22.1 (14.04%)
Short Float %6.24%
Short Ratio6.49
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.56% |
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)1.56%
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)-1.97%
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 | 8.25 | ||
| Fwd PE | 6.29 | ||
| P/S | 1.09 | ||
| P/FCF | 7.27 | ||
| P/OCF | 6.66 | ||
| P/B | 1 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.72 |
EPS(TTM)2.35
EY12.13%
EPS(NY)3.08
Fwd EY15.89%
FCF(TTM)2.67
FCFY13.76%
OCF(TTM)2.91
OCFY15.01%
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
WACC6.51%
ROIC/WACC1.12
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 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 7 / 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 8.25 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.