Tegna Inc Stock Return On Asset

TGNA Stock  USD 18.52  0.41  2.26%   
Tegna Inc fundamentals help investors to digest information that contributes to Tegna's financial success or failures. It also enables traders to predict the movement of Tegna Stock. The fundamental analysis module provides a way to measure Tegna's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Tegna stock.
The current year's Return On Assets is expected to grow to 0.09.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Tegna Inc Company Return On Asset Analysis

Tegna's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Tegna Return On Asset

    
  0.0576  
Most of Tegna's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tegna Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Tegna Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Tegna is extremely important. It helps to project a fair market value of Tegna Stock properly, considering its historical fundamentals such as Return On Asset. Since Tegna's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Tegna's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Tegna's interrelated accounts and indicators.
0.770.740.810.550.90.950.440.950.720.650.62-0.180.65-0.07-0.64-0.21-0.020.48-0.540.6-0.050.020.0-0.010.060.09-0.15
0.770.270.630.610.840.750.590.540.720.410.42-0.250.43-0.23-0.24-0.06-0.040.33-0.110.29-0.32-0.110.080.060.360.49-0.49
0.740.270.6-0.070.450.73-0.10.860.210.610.120.00.850.22-0.69-0.590.070.4-0.790.87-0.240.53-0.47-0.490.2-0.070.03
0.810.630.60.340.790.780.40.780.630.940.560.010.42-0.51-0.83-0.430.20.33-0.380.31-0.270.18-0.18-0.180.20.23-0.02
0.550.61-0.070.340.740.490.780.410.680.130.8-0.16-0.11-0.24-0.090.53-0.130.270.07-0.120.43-0.720.70.7-0.39-0.13-0.2
0.90.840.450.790.740.80.750.790.860.580.72-0.220.33-0.28-0.510.06-0.060.53-0.320.29-0.02-0.290.290.280.070.14-0.16
0.950.750.730.780.490.80.340.90.590.690.53-0.130.65-0.16-0.68-0.390.080.3-0.450.61-0.160.18-0.18-0.190.10.09-0.36
0.440.59-0.10.40.780.750.340.30.760.240.610.01-0.25-0.42-0.130.44-0.160.410.04-0.20.09-0.620.620.60.00.0-0.22
0.950.540.860.780.410.790.90.30.60.670.58-0.110.660.01-0.74-0.28-0.010.49-0.680.680.030.1-0.06-0.08-0.05-0.10.02
0.720.720.210.630.680.860.590.760.60.430.68-0.180.08-0.23-0.330.23-0.20.45-0.150.170.08-0.410.40.41-0.040.27-0.08
0.650.410.610.940.130.580.690.240.670.430.40.130.35-0.59-0.89-0.630.30.15-0.350.28-0.360.38-0.39-0.380.240.17-0.07
0.620.420.120.560.80.720.530.610.580.680.4-0.22-0.11-0.37-0.470.35-0.020.25-0.11-0.130.58-0.590.590.6-0.55-0.280.2
-0.18-0.250.00.01-0.16-0.22-0.130.01-0.11-0.180.13-0.22-0.1-0.17-0.16-0.260.05-0.1-0.04-0.07-0.170.25-0.22-0.230.0-0.110.03
0.650.430.850.42-0.110.330.65-0.250.660.080.35-0.11-0.10.43-0.34-0.550.010.3-0.650.91-0.40.57-0.53-0.560.390.21-0.17
-0.07-0.230.22-0.51-0.24-0.28-0.16-0.420.01-0.23-0.59-0.37-0.170.430.490.22-0.320.21-0.320.570.190.030.010.0-0.08-0.150.14
-0.64-0.24-0.69-0.83-0.09-0.51-0.68-0.13-0.74-0.33-0.89-0.47-0.16-0.340.490.6-0.28-0.160.46-0.290.12-0.370.340.340.010.09-0.15
-0.21-0.06-0.59-0.430.530.06-0.390.44-0.280.23-0.630.35-0.26-0.550.220.6-0.360.170.29-0.450.69-0.950.950.95-0.51-0.260.24
-0.02-0.040.070.2-0.13-0.060.08-0.16-0.01-0.20.3-0.020.050.01-0.32-0.28-0.36-0.30.38-0.13-0.20.3-0.34-0.320.120.08-0.01
0.480.330.40.330.270.530.30.410.490.450.150.25-0.10.30.21-0.160.17-0.3-0.50.34-0.02-0.220.280.250.02-0.240.23
-0.54-0.11-0.79-0.380.07-0.32-0.450.04-0.68-0.15-0.35-0.11-0.04-0.65-0.320.460.290.38-0.5-0.70.05-0.280.20.23-0.060.19-0.19
0.60.290.870.31-0.120.290.61-0.20.680.170.28-0.13-0.070.910.57-0.29-0.45-0.130.34-0.7-0.280.49-0.46-0.470.280.09-0.18
-0.05-0.32-0.24-0.270.43-0.02-0.160.090.030.08-0.360.58-0.17-0.40.190.120.69-0.2-0.020.05-0.28-0.70.720.74-0.94-0.610.5
0.02-0.110.530.18-0.72-0.290.18-0.620.1-0.410.38-0.590.250.570.03-0.37-0.950.3-0.22-0.280.49-0.7-0.99-1.00.560.28-0.2
0.00.08-0.47-0.180.70.29-0.180.62-0.060.4-0.390.59-0.22-0.530.010.340.95-0.340.280.2-0.460.72-0.990.99-0.57-0.340.26
-0.010.06-0.49-0.180.70.28-0.190.6-0.080.41-0.380.6-0.23-0.560.00.340.95-0.320.250.23-0.470.74-1.00.99-0.6-0.320.27
0.060.360.20.2-0.390.070.10.0-0.05-0.040.24-0.550.00.39-0.080.01-0.510.120.02-0.060.28-0.940.56-0.57-0.60.66-0.46
0.090.49-0.070.23-0.130.140.090.0-0.10.270.17-0.28-0.110.21-0.150.09-0.260.08-0.240.190.09-0.610.28-0.34-0.320.66-0.33
-0.15-0.490.03-0.02-0.2-0.16-0.36-0.220.02-0.08-0.070.20.03-0.170.14-0.150.24-0.010.23-0.19-0.180.5-0.20.260.27-0.46-0.33
Click cells to compare fundamentals
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Tegna Total Assets

Total Assets

8.32 Billion

At present, Tegna's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Tegna Inc has a Return On Asset of 0.0576. This is 98.61% lower than that of the Media sector and significantly higher than that of the Communication Services industry. The return on asset for all United States stocks is 141.14% lower than that of the firm.

Tegna Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tegna's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tegna could also be used in its relative valuation, which is a method of valuing Tegna by comparing valuation metrics of similar companies.
Tegna is currently under evaluation in return on asset category among its peers.

Tegna ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Tegna's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Tegna's managers, analysts, and investors.
Environmental
Governance
Social

Tegna Fundamentals

About Tegna Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Tegna Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tegna using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tegna Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Tegna Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tegna's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tegna Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tegna Inc Stock:
Check out Tegna Piotroski F Score and Tegna Altman Z Score analysis.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Broadcasting space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tegna. If investors know Tegna will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tegna listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.861
Dividend Share
0.478
Earnings Share
2.86
Revenue Per Share
16.9
Quarterly Revenue Growth
0.131
The market value of Tegna Inc is measured differently than its book value, which is the value of Tegna that is recorded on the company's balance sheet. Investors also form their own opinion of Tegna's value that differs from its market value or its book value, called intrinsic value, which is Tegna's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tegna's market value can be influenced by many factors that don't directly affect Tegna's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tegna's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tegna is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tegna's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.