Tegna Inc's stock had its IPO on January 1, 1986, making it an older stock than 92.89% of US equities in our set.
The ratio of debt to operating expenses for Tegna Inc is higher than it is for about 86.92% of US stocks.
Tegna Inc's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is -39.18%, greater than the shareholder yield of merely 11.55% of stocks in our set.
Stocks with similar financial metrics, market capitalization, and price volatility to Tegna Inc are ECPG, WSC, PBH, JOE, and IEP.
TEGNA Inc. operates television stations that produce local programming, such as news, sports, and entertainment; and affiliated online sites. The company was founded in 1906 and is based in McLean, Virginia.
TGNA Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Tegna Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Tegna Inc ranked in the 42th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 12.67%. As for the metrics that stood out in our discounted cash flow analysis of Tegna Inc, consider:
Its compound free cash flow growth rate, as measured over the past 5.46 years, is -0.08% -- higher than just 15.57% of stocks in our DCF forecasting set.
39% of the company's capital comes from equity, which is greater than only 19.63% of stocks in our cash flow based forecasting set.
Relative to other stocks in its sector (Consumer Cyclical), Tegna Inc has a reliance on debt greater than 74.96% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Tegna Inc? See JAKK, CCK, NYT, PTVE, and BSET.
Local broadcast TV names are moving higher alongside today's big deal there: for a Berkshire-backed E.W. Scripps (SSP +12.1%) to buy ION Media for $2.65B. Tegna (TGNA) is +4%; Gray Television (GTN) is +3.8%; Sinclair Broadcast Group (SBGI) is +2.8%; and Nexstar Media Group (NXST) is +1.4% today. The Scripps...