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Should you consider NYSE:TGLS for quality investing?

By Mill Chart

Last update: Aug 13, 2024

Quality investors are looking for the best of the best. Companies which are growing steadily and consistently, but are also in excellent financial condition. We will have a look here to see if TECNOGLASS INC (NYSE:TGLS) is suited for quality investing. Investors should of course do their own research, but we spotted TECNOGLASS INC showing up in our Caviar Cruise quality screen, so it may be worth spending some more time on it.


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Highlighting Notable Quality Metrics of NYSE:TGLS.

  • TECNOGLASS INC has demonstrated significant revenue growth over the past 5 years, with a 17.57% increase. This underscores the company's ability to adapt to market dynamics and capitalize on growth opportunities.
  • TECNOGLASS INC demonstrates impressive performance in terms of ROIC excluding cash and goodwill, with a 24.51% ratio. This highlights the company's efficient utilization of capital and its focus on maximizing returns for investors.
  • With a Debt/Free Cash Flow Ratio of 1.52, TECNOGLASS INC exhibits solid financial health and responsible debt management practices. This ratio indicates the company's ability to generate ample free cash flow to meet its debt obligations and pursue growth opportunities.
  • With a favorable Profit Quality (5-year) ratio of 80.28%, TECNOGLASS INC showcases its ability to consistently deliver high-quality profits. This metric signifies the company's financial strength and its capacity to generate sustainable earnings over an extended period.
  • TECNOGLASS INC has consistently achieved strong EBIT growth over the past 5 years, with a 40.65% increase. This underscores the company's effective management of its operating income and suggests a positive outlook for future profitability.
  • With EBIT 5-year growth outpacing its Revenue 5-year growth, TECNOGLASS INC showcases its effective cost management and enhanced operational performance. This suggests the company's ability to generate higher earnings from its revenue streams.

Fundamental analysis of NYSE:TGLS

ChartMill assigns a proprietary Fundamental Rating to each stock. The score is computed daily by evaluating various fundamental indicators and properties. The score ranges from 0 to 10.

Taking everything into account, TGLS scores 6 out of 10 in our fundamental rating. TGLS was compared to 40 industry peers in the Building Products industry. Both the health and profitability get an excellent rating, making TGLS a very profitable company, without any liquidiy or solvency issues. TGLS has a correct valuation and a medium growth rate.

Our latest full fundamental report of TGLS contains the most current fundamental analsysis.

More quality stocks can be found in our Caviar Cruise screen.

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.

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