NasdaqGM:TPCO

Stock Analysis Report

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Market Cap

US$636.5m

Last Updated

2021/05/25 11:08 UTC

Data Sources

Company Financials

Executive Summary

Tribune Publishing Company, a media company, publishes newspapers worldwide. More Details


Snowflake Analysis

Flawless balance sheet and slightly overvalued.


Similar Companies

Share Price & News

How has Tribune Publishing's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: TPCO is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: TPCO's weekly volatility (2%) has been stable over the past year.


Market Performance


7 Day Return

-0.2%

TPCO

-0.4%

US Media

-1.0%

US Market


1 Year Return

74.5%

TPCO

43.7%

US Media

39.0%

US Market

Return vs Industry: TPCO exceeded the US Media industry which returned 47.2% over the past year.

Return vs Market: TPCO exceeded the US Market which returned 46.6% over the past year.


Shareholder returns

TPCOIndustryMarket
7 Day-0.2%-0.4%-1.0%
30 Day-1.0%1.4%2.0%
90 Day1.5%-6.0%6.0%
1 Year74.5%74.5%45.3%43.7%41.2%39.0%
3 Year29.0%5.3%64.9%57.9%61.3%51.3%
5 Year80.4%47.3%89.0%75.6%133.8%107.4%

Long-Term Price Volatility Vs. Market

How volatile is Tribune Publishing's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Tribune Publishing undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TPCO ($17.26) is trading below our estimate of fair value ($145.61)

Significantly Below Fair Value: TPCO is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: TPCO is poor value based on its PE Ratio (22.3x) compared to the US Media industry average (19.5x).

PE vs Market: TPCO is poor value based on its PE Ratio (22.3x) compared to the US market (19.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TPCO's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TPCO is overvalued based on its PB Ratio (2.2x) compared to the US Media industry average (2x).


Future Growth

How is Tribune Publishing forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

16.8%

Forecasted Media industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Tribune Publishing has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Tribune Publishing performed over the past 5 years?

-20.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TPCO has a large one-off loss of $31.7M impacting its March 28 2021 financial results.

Growing Profit Margin: TPCO became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: TPCO has become profitable over the past 5 years, growing earnings by -20.8% per year.

Accelerating Growth: TPCO has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: TPCO has become profitable in the last year, making it difficult to compare its past year earnings growth to the Media industry (25.4%).


Return on Equity

High ROE: TPCO's Return on Equity (2.8%) is considered low.


Financial Health

How is Tribune Publishing's financial position?


Financial Position Analysis

Short Term Liabilities: TPCO's short term assets ($303.6M) exceed its short term liabilities ($149.8M).

Long Term Liabilities: TPCO's short term assets ($303.6M) exceed its long term liabilities ($88.9M).


Debt to Equity History and Analysis

Debt Level: TPCO is debt free.

Reducing Debt: TPCO has no debt compared to 5 years ago when its debt to equity ratio was 1613.4%.

Debt Coverage: TPCO has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: TPCO has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Tribune Publishing current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate TPCO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TPCO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if TPCO's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TPCO's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: TPCO is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TPCO's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.2yrs

Average management tenure


CEO

Terry Jimenez (47 yo)

1.33yrs

Tenure

US$1,589,769

Compensation

Mr. Terry Jimenez has been President, Chief Executive Officer and Director of Tribune Publishing Company since January 31, 2020. Additionally, Mr. Jimenez served as Chairman of BestReviews, LLC from 2019 t...


CEO Compensation Analysis

Compensation vs Market: Terry's total compensation ($USD1.59M) is below average for companies of similar size in the US market ($USD2.39M).

Compensation vs Earnings: Terry's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: TPCO's management team is seasoned and experienced (5.2 years average tenure).


Board Members

Experienced Board: TPCO's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: TPCO insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Tribune Publishing Company's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Tribune Publishing Company
  • Ticker: TPCO
  • Exchange: NasdaqGM
  • Founded: 2013
  • Industry: Publishing
  • Sector: Media
  • Market Cap: US$636.451m
  • Shares outstanding: 36.87m
  • Website: https://www.tribpub.com

Number of Employees


Location

  • Tribune Publishing Company
  • 560 W. Grand Avenue
  • Chicago
  • Illinois
  • 60654
  • United States

Listings


Biography

Tribune Publishing Company, a media company, publishes newspapers worldwide. It publishes daily newspapers, weekly newspapers, and niche publications and direct mail. The company also provides various digi...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/25 11:08
End of Day Share Price2021/05/24 00:00
Earnings2021/03/28
Annual Earnings2020/12/27


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.