Tribune Publishing Company (formerly tronc, Inc.), a media company, publishes newspapers worldwide. The company operates in two segments, troncM and troncX. It publishes daily newspapers; weekly newspapers; and digital platforms, such as Websites and mobile applications. The company also provides various digital marketing services, which include the development of mobile Websites, search engine marketing and optimization, social media account management, and content marketing for its customers' Web presence for small to medium size businesses. In addition, it offers TCA, a syndication and licensing business that provides daily news service and syndicated premium content to 1,700 media and digital information publishers; and forsalebyowner.com, a national consumer-to-consumer focused real estate Website. The company is based in Chicago, Illinois.
TPCO Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Tribune Publishing Co with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Tribune Publishing Co ranked in the 41th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. As for the metrics that stood out in our discounted cash flow analysis of Tribune Publishing Co, consider:
The stock's equity weight, or the proportion of capital from equity relative to debt, is 84. Its equity weight surpasses that of 74.52% of free cash flow generating stocks in the Consumer Cyclical sector.
Tribune Publishing Co's effective tax rate, as measured by taxes paid relative to net income, is at 26 -- greater than 88.54% of US stocks with positive free cash flow.
Tribune Publishing Co's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -145.76. This coverage rate is greater than that of only 1.69% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
IHG, SIRI, UFI, CMCSA, and RELX can be thought of as valuation peers to TPCO, in the sense that they are in the Consumer Cyclical sector and have a similar price forecast based on DCF valuation.
In this episode of Influencers, Andy is joined by billionaire media mogul and Saban Capital Group CEO , Haim Saban, to discuss his support for President-Elect Joe Biden, how the January 6 riot will affect President Trump's legacy, and the media's responsibility in spreading harmful misinformation to the American people.
In this article we are going to list the 10 biggest newspapers in the US. Click to skip ahead and jump to the 5 biggest newspapers in the US. The new generation may not realize it but newspapers have always been an extremely important part of culture and of course, the provision of news. See […]