TEGNA INC (TGNA) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TGNA - US87901J1051 - Common Stock
19.52 USD
-0.01 (-0.05%)
19.52 USD
0 (0%)
TGNA gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 97 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. These ratings would make TGNA suitable for value investing!
1. Profitability
1.1 Basic Checks
In the past year TGNA was profitable.
TGNA had a positive operating cash flow in the past year.
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
TGNA has a Return On Assets of 5.04%. This is amongst the best in the industry. TGNA outperforms 81.25% of its industry peers.
TGNA has a better Return On Equity (11.01%) than 75.00% of its industry peers.
With an excellent Return On Invested Capital value of 7.32%, TGNA belongs to the best of the industry, outperforming 81.25% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for TGNA is in line with the industry average of 8.15%.
| 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 84.38% of its industry peers.
In the last couple of years the Profit Margin of TGNA has grown nicely.
The Operating Margin of TGNA (20.88%) is better than 96.88% of its industry peers.
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 50.00% of the companies in the same 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.
Compared to 1 year ago, TGNA has less shares outstanding
The number of shares outstanding for TGNA has been reduced compared to 5 years ago.
TGNA has a better debt/assets ratio than last year.
2.2 Solvency
TGNA has an Altman-Z score of 3.08. This indicates that TGNA is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 3.08, TGNA belongs to the best of the industry, outperforming 83.33% 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 72.92% 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's Debt to Equity ratio of 0.81 is in line compared to the rest of the industry. TGNA outperforms 50.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | 5.89 | ||
| Altman-Z | 3.08 |
ROIC/WACC1.04
WACC7.04%
2.3 Liquidity
A Current Ratio of 2.22 indicates that TGNA has no problem at all paying its short term obligations.
With an excellent Current ratio value of 2.22, TGNA belongs to the best of the industry, outperforming 82.29% 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.
With an excellent Quick ratio value of 2.22, TGNA belongs to the best of the industry, outperforming 82.29% 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%.
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.
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.
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-47.42%
EPS Next 2Y1.55%
EPS Next 3Y-10.9%
EPS Next 5Y-1.91%
Revenue Next Year-12.39%
Revenue Next 2Y-3.64%
Revenue Next 3Y-6.43%
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
With a Price/Earnings ratio of 8.31, the valuation of TGNA can be described as very reasonable.
82.29% of the companies in the same industry are more expensive than TGNA, based on the Price/Earnings ratio.
TGNA's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.31.
TGNA is valuated cheaply with a Price/Forward Earnings ratio of 6.11.
TGNA's Price/Forward Earnings ratio is rather cheap when compared to the industry. TGNA is cheaper than 82.29% 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 36.59.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.31 | ||
| Fwd PE | 6.11 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TGNA is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, TGNA is valued a bit cheaper than the industry average as 76.04% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.32 | ||
| EV/EBITDA | 7.76 |
4.3 Compensation for Growth
The decent profitability rating of TGNA may justify a higher PE ratio.
TGNA's earnings are expected to decrease with -10.90% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.47
EPS Next 2Y1.55%
EPS Next 3Y-10.9%
5. Dividend
5.1 Amount
TGNA has a Yearly Dividend Yield of 2.56%.
TGNA's Dividend Yield is a higher than the industry average which is at 4.53.
Compared to an average S&P500 Dividend Yield of 2.34, TGNA has a dividend comparable with the average S&P500 company.
| 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 2Y1.55%
EPS Next 3Y-10.9%
19.52
-0.01 (-0.05%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners103.14%
Inst Owner Change-5.54%
Ins Owners0.51%
Ins Owner Change2.67%
Market Cap3.14B
Revenue(TTM)2.88B
Net Income(TTM)342.98M
Analysts76.36
Price Target22.1 (13.22%)
Short Float %6.45%
Short Ratio5.04
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)3.17%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-4.15%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.75%
Revenue NQ rev (1m)-0.44%
Revenue NQ rev (3m)-0.74%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.31 | ||
| Fwd PE | 6.11 | ||
| P/S | 1.09 | ||
| P/FCF | 7.32 | ||
| P/OCF | 6.71 | ||
| P/B | 1.01 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.76 |
EPS(TTM)2.35
EY12.04%
EPS(NY)3.2
Fwd EY16.38%
FCF(TTM)2.67
FCFY13.66%
OCF(TTM)2.91
OCFY14.9%
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 | 3.08 |
F-Score6
WACC7.04%
ROIC/WACC1.04
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-47.42%
EPS Next 2Y1.55%
EPS Next 3Y-10.9%
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-12.39%
Revenue Next 2Y-3.64%
Revenue Next 3Y-6.43%
Revenue Next 5Y-0.78%
EBIT growth 1Y-8.51%
EBIT growth 3Y0.61%
EBIT growth 5Y6.42%
EBIT Next Year-29.7%
EBIT Next 3Y-6.86%
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 8.31 and the Price/Book (PB) ratio is 1.01.
Can you provide the financial health for TGNA stock?
The financial health rating of TEGNA INC (TGNA) is 8 / 10.