TEGNA INC (TGNA) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TGNA - US87901J1051 - Common Stock
19.41 USD
-0.04 (-0.21%)
19.41 USD
0 (0%)
Taking everything into account, TGNA scores 7 out of 10 in our fundamental rating. TGNA was compared to 95 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 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
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.
TGNA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of TGNA (5.04%) is better than 83.16% of its industry peers.
The Return On Equity of TGNA (11.01%) is better than 77.89% of its industry peers.
The Return On Invested Capital of TGNA (7.32%) is better than 83.16% 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 6.88%.
| 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
With an excellent Profit Margin value of 11.92%, TGNA belongs to the best of the industry, outperforming 84.21% of the companies in the same industry.
TGNA's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 20.88%, TGNA belongs to the best 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.
With a Gross Margin value of 39.45%, TGNA perfoms like the industry average, outperforming 49.47% of the companies in the same 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.
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.
TGNA has a better Altman-Z score (3.07) than 83.16% 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 72.63% 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.
The Debt to Equity ratio of TGNA (0.81) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | 5.89 | ||
| Altman-Z | 3.07 |
ROIC/WACC1.06
WACC6.92%
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 82.11% of its industry peers.
A Quick Ratio of 2.22 indicates that TGNA has no problem at all paying its short term obligations.
The Quick ratio of TGNA (2.22) is better than 83.16% 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.
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 decrease in Revenue. The Revenue has decreased by -2.73% in the last 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
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.
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
The Price/Earnings ratio is 8.26, which indicates a very decent valuation of TGNA.
TGNA's Price/Earnings ratio is rather cheap when compared to the industry. TGNA is cheaper than 83.16% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.51, TGNA is valued rather cheaply.
With a Price/Forward Earnings ratio of 6.30, the valuation of TGNA can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TGNA indicates a rather cheap valuation: TGNA is cheaper than 85.26% of the companies listed 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 23.13.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.26 | ||
| Fwd PE | 6.3 |
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.
TGNA's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. TGNA is cheaper than 76.84% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.28 | ||
| EV/EBITDA | 7.74 |
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 1.22, 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
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.
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%
19.41
-0.04 (-0.21%)
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 Cap3.13B
Revenue(TTM)2.88B
Net Income(TTM)342.98M
Analysts50
Price Target22.1 (13.86%)
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)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 | 8.26 | ||
| Fwd PE | 6.3 | ||
| P/S | 1.09 | ||
| P/FCF | 7.28 | ||
| P/OCF | 6.67 | ||
| P/B | 1 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.74 |
EPS(TTM)2.35
EY12.11%
EPS(NY)3.08
Fwd EY15.87%
FCF(TTM)2.67
FCFY13.74%
OCF(TTM)2.91
OCFY14.98%
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
WACC6.92%
ROIC/WACC1.06
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 8.26 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.