TGNA Valuation

Tegna Inc

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19.670

+0.05(0.255%)1D

TGNA Relative Valuation

TGNA's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, TGNA is overvalued; if below, it's undervalued.

Historical Valuation

Tegna Inc (TGNA) is now in the Overvalued zone, suggesting that its current forward PE ratio of 10.81 is considered Overvalued compared with the five-year average of 7.37. The fair price of Tegna Inc (TGNA) is between 12.81 to 18.64 according to relative valuation methord. Compared to the current price of 19.67 USD , Tegna Inc is Overvalued By 5.53%.

Relative Value

Fair Zone

12.81-18.64

Current Price：19.67

5.53%

Overvalued

10.81

Trailing

Forward

8.83

EV/EBITDA

Tegna Inc. (TGNA) has a current EV/EBITDA of 8.83. The 5-year average EV/EBITDA is 7.22. The thresholds are as follows: Strongly Undervalued below 4.93, Undervalued between 4.93 and 6.08, Fairly Valued between 8.37 and 6.08, Overvalued between 8.37 and 9.52, and Strongly Overvalued above 9.52. The current Forward EV/EBITDA of 8.83 falls within the Overvalued range.

10.53

EV/EBIT

Tegna Inc. (TGNA) has a current EV/EBIT of 10.53. The 5-year average EV/EBIT is 8.31. The thresholds are as follows: Strongly Undervalued below 5.41, Undervalued between 5.41 and 6.86, Fairly Valued between 9.76 and 6.86, Overvalued between 9.76 and 11.22, and Strongly Overvalued above 11.22. The current Forward EV/EBIT of 10.53 falls within the Overvalued range.

19.67

Tegna Inc. (TGNA) has a current PS of 19.67. The 5-year average PS is 1.20. The thresholds are as follows: Strongly Undervalued below -0.69, Undervalued between -0.69 and 0.26, Fairly Valued between 2.15 and 0.26, Overvalued between 2.15 and 3.10, and Strongly Overvalued above 3.10. The current Forward PS of 19.67 falls within the Strongly Overvalued range.

6.75

P/OCF

Tegna Inc. (TGNA) has a current P/OCF of 6.75. The 5-year average P/OCF is 5.79. The thresholds are as follows: Strongly Undervalued below 3.11, Undervalued between 3.11 and 4.45, Fairly Valued between 7.13 and 4.45, Overvalued between 7.13 and 8.46, and Strongly Overvalued above 8.46. The current Forward P/OCF of 6.75 falls within the Historic Trend Line -Fairly Valued range.

7.74

P/FCF

Tegna Inc. (TGNA) has a current P/FCF of 7.74. The 5-year average P/FCF is 6.61. The thresholds are as follows: Strongly Undervalued below 3.68, Undervalued between 3.68 and 5.14, Fairly Valued between 8.07 and 5.14, Overvalued between 8.07 and 9.53, and Strongly Overvalued above 9.53. The current Forward P/FCF of 7.74 falls within the Historic Trend Line -Fairly Valued range.

Tegna Inc (TGNA) has a current Price-to-Book (P/B) ratio of 1.02. Compared to its 3-year average P/B ratio of 1.05 , the current P/B ratio is approximately -2.43% higher. Relative to its 5-year average P/B ratio of 1.36, the current P/B ratio is about -24.81% higher. Tegna Inc (TGNA) has a Forward Free Cash Flow (FCF) yield of approximately 18.17%. Compared to its 3-year average FCF yield of 19.19%, the current FCF yield is approximately -5.31% lower. Relative to its 5-year average FCF yield of 17.27% , the current FCF yield is about 5.20% lower.

1.02

P/B

Median3y

1.05

Median5y

1.36

18.17

FCF Yield

Median3y

19.19

Median5y

17.27

Competitors Valuation Multiple

The average P/S ratio for TGNA's competitors is 41.10, providing a benchmark for relative valuation. Tegna Inc Corp (TGNA) exhibits a P/S ratio of 19.67, which is -52.14% above the industry average. Given its robust revenue growth of -4.97%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

Nexstar Media Group Inc

Performance Decomposition

Market capitalization of TGNA increased by 5.50% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 5.76 to 7.10.

The secondary factor is the Revenue Growth, contributed -4.97%to the performance.

Overall, the performance of TGNA in the past 1 year is driven by P/E Change. Which is more unsustainable.

-4.97%

710.36M → 675.05M

Revenue Growth

-12.90%

11.55 → 10.06

Margin Expansion

23.37%

5.76 → 7.10

P/E Change

5.50%