TECNOGLASS INC (TGLS) Stock Fundamental Analysis
USA - NYSE:TGLS - KYG872641009 - Common Stock
59.91 USD
-0.09 (-0.15%)
59.91 USD
0 (0%)
Overall TGLS gets a fundamental rating of 7 out of 10. We evaluated TGLS against 41 industry peers in the Building Products industry. TGLS gets an excellent profitability rating and is at the same time showing great financial health properties. TGLS has a correct valuation and a medium growth rate. These ratings would make TGLS suitable for quality investing!
1. Profitability
1.1 Basic Checks
In the past year TGLS was profitable.
In the past year TGLS had a positive cash flow from operations.
TGLS had positive earnings in each of the past 5 years.
In the past 5 years TGLS always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 15.48%, TGLS belongs to the top of the industry, outperforming 92.68% of the companies in the same industry.
With an excellent Return On Equity value of 24.84%, TGLS belongs to the best of the industry, outperforming 80.49% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 21.04%, TGLS belongs to the top of the industry, outperforming 87.80% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for TGLS is significantly above the industry average of 12.64%.
The last Return On Invested Capital (21.04%) for TGLS is well below the 3 year average (25.80%), which needs to be investigated, but indicates that TGLS had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.48% | ||
| ROE | 24.84% | ||
| ROIC | 21.04% |
ROA(3y)18.69%
ROA(5y)14.42%
ROE(3y)34.52%
ROE(5y)28.6%
ROIC(3y)25.8%
ROIC(5y)21.42%
1.3 Margins
TGLS has a better Profit Margin (19.13%) than 97.56% of its industry peers.
In the last couple of years the Profit Margin of TGLS has grown nicely.
TGLS has a better Operating Margin (26.72%) than 100.00% of its industry peers.
In the last couple of years the Operating Margin of TGLS has grown nicely.
Looking at the Gross Margin, with a value of 44.74%, TGLS belongs to the top of the industry, outperforming 87.80% of the companies in the same industry.
TGLS's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.72% | ||
| PM (TTM) | 19.13% | ||
| GM | 44.74% |
OM growth 3Y2.69%
OM growth 5Y13.32%
PM growth 3Y9.7%
PM growth 5Y26.09%
GM growth 3Y1.53%
GM growth 5Y6.26%
2. Health
2.1 Basic Checks
TGLS has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, TGLS has about the same amount of shares outstanding.
The number of shares outstanding for TGLS has been increased compared to 5 years ago.
TGLS has a better debt/assets ratio than last year.
2.2 Solvency
TGLS has an Altman-Z score of 6.37. This indicates that TGLS is financially healthy and has little risk of bankruptcy at the moment.
TGLS has a better Altman-Z score (6.37) than 73.17% of its industry peers.
TGLS has a debt to FCF ratio of 1.99. This is a very positive value and a sign of high solvency as it would only need 1.99 years to pay back of all of its debts.
TGLS's Debt to FCF ratio of 1.99 is fine compared to the rest of the industry. TGLS outperforms 73.17% of its industry peers.
A Debt/Equity ratio of 0.15 indicates that TGLS is not too dependend on debt financing.
TGLS has a better Debt to Equity ratio (0.15) than 80.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 1.99 | ||
| Altman-Z | 6.37 |
ROIC/WACC2.19
WACC9.63%
2.3 Liquidity
TGLS has a Current Ratio of 2.00. This is a normal value and indicates that TGLS is financially healthy and should not expect problems in meeting its short term obligations.
TGLS has a Current ratio (2.00) which is in line with its industry peers.
A Quick Ratio of 1.44 indicates that TGLS should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.44, TGLS is in the better half of the industry, outperforming 63.41% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2 | ||
| Quick Ratio | 1.44 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 23.64% over the past year.
The Earnings Per Share has been growing by 39.54% on average over the past years. This is a very strong growth
Looking at the last year, TGLS shows a quite strong growth in Revenue. The Revenue has grown by 16.90% in the last year.
TGLS shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 15.62% yearly.
EPS 1Y (TTM)23.64%
EPS 3Y28.76%
EPS 5Y39.54%
EPS Q2Q%19.77%
Revenue 1Y (TTM)16.9%
Revenue growth 3Y21.46%
Revenue growth 5Y15.62%
Sales Q2Q%16.34%
3.2 Future
The Earnings Per Share is expected to grow by 10.29% on average over the next years. This is quite good.
The Revenue is expected to grow by 7.33% on average over the next years.
EPS Next Y16.03%
EPS Next 2Y15.41%
EPS Next 3Y12.32%
EPS Next 5Y10.29%
Revenue Next Year12.6%
Revenue Next 2Y11.87%
Revenue Next 3Y8.89%
Revenue Next 5Y7.33%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 14.68, TGLS is valued correctly.
Compared to the rest of the industry, the Price/Earnings ratio of TGLS indicates a somewhat cheap valuation: TGLS is cheaper than 75.61% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of TGLS to the average of the S&P500 Index (27.08), we can say TGLS is valued slightly cheaper.
A Price/Forward Earnings ratio of 12.32 indicates a correct valuation of TGLS.
Based on the Price/Forward Earnings ratio, TGLS is valued a bit cheaper than 78.05% of the companies in the same industry.
TGLS is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.09, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.68 | ||
| Fwd PE | 12.32 |
4.2 Price Multiples
73.17% of the companies in the same industry are more expensive than TGLS, based on the Enterprise Value to EBITDA ratio.
65.85% of the companies in the same industry are cheaper than TGLS, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 51.38 | ||
| EV/EBITDA | 9.76 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The excellent profitability rating of TGLS may justify a higher PE ratio.
A more expensive valuation may be justified as TGLS's earnings are expected to grow with 12.32% in the coming years.
PEG (NY)0.92
PEG (5Y)0.37
EPS Next 2Y15.41%
EPS Next 3Y12.32%
5. Dividend
5.1 Amount
TGLS has a Yearly Dividend Yield of 1.00%.
In the last 3 months the price of TGLS has falen by -20.65%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
TGLS's Dividend Yield is a higher than the industry average which is at 1.24.
With a Dividend Yield of 1.00, TGLS pays less dividend than the S&P500 average, which is at 2.30.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1% |
5.2 History
The dividend of TGLS is nicely growing with an annual growth rate of 27.74%!
TGLS has paid a dividend for at least 10 years, which is a reliable track record.
TGLS has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)27.74%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
TGLS pays out 13.36% of its income as dividend. This is a sustainable payout ratio.
The dividend of TGLS is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP13.36%
EPS Next 2Y15.41%
EPS Next 3Y12.32%
59.91
-0.09 (-0.15%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryBuilding Products
Earnings (Last)
Earnings (Next)
Inst Owners53.61%
Inst Owner Change-0.01%
Ins Owners0%
Ins Owner Change-7.09%
Market Cap2.82B
Revenue(TTM)955.73M
Net Income(TTM)182.82M
Analysts82
Price Target96.65 (61.33%)
Short Float %5.46%
Short Ratio3.96
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1% |
Yearly Dividend0.42
Dividend Growth(5Y)27.74%
DP13.36%
Div Incr Years4
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.63%
Min EPS beat(2)5.41%
Max EPS beat(2)9.86%
EPS beat(4)4
Avg EPS beat(4)5.46%
Min EPS beat(4)0.68%
Max EPS beat(4)9.86%
EPS beat(8)6
Avg EPS beat(8)2.85%
EPS beat(12)10
Avg EPS beat(12)7.98%
EPS beat(16)14
Avg EPS beat(16)10.75%
Revenue beat(2)2
Avg Revenue beat(2)1.89%
Min Revenue beat(2)1.59%
Max Revenue beat(2)2.18%
Revenue beat(4)2
Avg Revenue beat(4)-0.21%
Min Revenue beat(4)-2.72%
Max Revenue beat(4)2.18%
Revenue beat(8)2
Avg Revenue beat(8)-1.1%
Revenue beat(12)6
Avg Revenue beat(12)1.66%
Revenue beat(16)9
Avg Revenue beat(16)2.57%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)-0.54%
EPS NQ rev (3m)-3.48%
EPS NY rev (1m)-0.24%
EPS NY rev (3m)-0.53%
Revenue NQ rev (1m)-0.28%
Revenue NQ rev (3m)-0.37%
Revenue NY rev (1m)-0.1%
Revenue NY rev (3m)0.59%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.68 | ||
| Fwd PE | 12.32 | ||
| P/S | 2.95 | ||
| P/FCF | 51.38 | ||
| P/OCF | 16.83 | ||
| P/B | 3.82 | ||
| P/tB | 4.06 | ||
| EV/EBITDA | 9.76 |
EPS(TTM)4.08
EY6.81%
EPS(NY)4.86
Fwd EY8.11%
FCF(TTM)1.17
FCFY1.95%
OCF(TTM)3.56
OCFY5.94%
SpS20.34
BVpS15.66
TBVpS14.75
PEG (NY)0.92
PEG (5Y)0.37
Graham Number37.92
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.48% | ||
| ROE | 24.84% | ||
| ROCE | 29.67% | ||
| ROIC | 21.04% | ||
| ROICexc | 25.16% | ||
| ROICexgc | 26.76% | ||
| OM | 26.72% | ||
| PM (TTM) | 19.13% | ||
| GM | 44.74% | ||
| FCFM | 5.73% |
ROA(3y)18.69%
ROA(5y)14.42%
ROE(3y)34.52%
ROE(5y)28.6%
ROIC(3y)25.8%
ROIC(5y)21.42%
ROICexc(3y)31.86%
ROICexc(5y)26.41%
ROICexgc(3y)33.63%
ROICexgc(5y)28.08%
ROCE(3y)36.38%
ROCE(5y)30.2%
ROICexgc growth 3Y2.27%
ROICexgc growth 5Y18.89%
ROICexc growth 3Y3.41%
ROICexc growth 5Y19.71%
OM growth 3Y2.69%
OM growth 5Y13.32%
PM growth 3Y9.7%
PM growth 5Y26.09%
GM growth 3Y1.53%
GM growth 5Y6.26%
F-Score5
Asset Turnover0.81
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 1.99 | ||
| Debt/EBITDA | 0.38 | ||
| Cap/Depr | 375.65% | ||
| Cap/Sales | 11.77% | ||
| Interest Coverage | 32.91 | ||
| Cash Conversion | 58.63% | ||
| Profit Quality | 29.97% | ||
| Current Ratio | 2 | ||
| Quick Ratio | 1.44 | ||
| Altman-Z | 6.37 |
F-Score5
WACC9.63%
ROIC/WACC2.19
Cap/Depr(3y)339.62%
Cap/Depr(5y)270.82%
Cap/Sales(3y)9.41%
Cap/Sales(5y)8.69%
Profit Quality(3y)45.01%
Profit Quality(5y)90.99%
High Growth Momentum
Growth
EPS 1Y (TTM)23.64%
EPS 3Y28.76%
EPS 5Y39.54%
EPS Q2Q%19.77%
EPS Next Y16.03%
EPS Next 2Y15.41%
EPS Next 3Y12.32%
EPS Next 5Y10.29%
Revenue 1Y (TTM)16.9%
Revenue growth 3Y21.46%
Revenue growth 5Y15.62%
Sales Q2Q%16.34%
Revenue Next Year12.6%
Revenue Next 2Y11.87%
Revenue Next 3Y8.89%
Revenue Next 5Y7.33%
EBIT growth 1Y25.45%
EBIT growth 3Y24.72%
EBIT growth 5Y31.02%
EBIT Next Year39.01%
EBIT Next 3Y16.88%
EBIT Next 5Y12.33%
FCF growth 1Y39.77%
FCF growth 3Y11.4%
FCF growth 5Y164.7%
OCF growth 1Y37.01%
OCF growth 3Y13.28%
OCF growth 5Y46.01%
TECNOGLASS INC / TGLS FAQ
What is the fundamental rating for TGLS stock?
ChartMill assigns a fundamental rating of 7 / 10 to TGLS.
Can you provide the valuation status for TECNOGLASS INC?
ChartMill assigns a valuation rating of 5 / 10 to TECNOGLASS INC (TGLS). This can be considered as Fairly Valued.
How profitable is TECNOGLASS INC (TGLS) stock?
TECNOGLASS INC (TGLS) has a profitability rating of 10 / 10.
Can you provide the PE and PB ratios for TGLS stock?
The Price/Earnings (PE) ratio for TECNOGLASS INC (TGLS) is 14.68 and the Price/Book (PB) ratio is 3.82.
Is the dividend of TECNOGLASS INC sustainable?
The dividend rating of TECNOGLASS INC (TGLS) is 5 / 10 and the dividend payout ratio is 13.36%.