TECNOGLASS INC (TGLS) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TGLS - KYG872641009 - Common Stock
49.08 USD
+0.73 (+1.51%)
49.08 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 is not valued too expensively and it also shows a decent growth rate. This makes TGLS very considerable 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.
Each year in the past 5 years TGLS had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 14.70%, TGLS belongs to the best of the industry, outperforming 90.24% of the companies in the same industry.
TGLS has a better Return On Equity (23.62%) than 70.73% of its industry peers.
TGLS has a better Return On Invested Capital (20.04%) than 87.80% of its industry peers.
The Average Return On Invested Capital over the past 3 years for TGLS is significantly above the industry average of 12.49%.
The 3 year average ROIC (25.80%) for TGLS is well above the current ROIC(20.04%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.7% | ||
| ROE | 23.62% | ||
| ROIC | 20.04% |
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's Profit Margin of 18.46% is amongst the best of the industry. TGLS outperforms 95.12% of its industry peers.
In the last couple of years the Profit Margin of TGLS has grown nicely.
TGLS has a Operating Margin of 25.88%. This is amongst the best in the industry. TGLS outperforms 100.00% of its industry peers.
TGLS's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 43.94%, TGLS belongs to the best of the industry, outperforming 87.80% of the companies in the same industry.
In the last couple of years the Gross Margin of TGLS has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.88% | ||
| PM (TTM) | 18.46% | ||
| GM | 43.94% |
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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so TGLS is creating value.
TGLS has about the same amout of shares outstanding than it did 1 year ago.
TGLS has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, TGLS has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 5.49 indicates that TGLS is not in any danger for bankruptcy at the moment.
TGLS's Altman-Z score of 5.49 is fine compared to the rest of the industry. TGLS outperforms 70.73% of its industry peers.
The Debt to FCF ratio of TGLS is 1.91, which is an excellent value as it means it would take TGLS, only 1.91 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.91, TGLS is in the better half of the industry, outperforming 68.29% of the companies in the same industry.
TGLS has a Debt/Equity ratio of 0.15. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.15, TGLS is in the better half of the industry, outperforming 75.61% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 1.91 | ||
| Altman-Z | 5.49 |
ROIC/WACC2.1
WACC9.55%
2.3 Liquidity
TGLS has a Current Ratio of 1.98. This is a normal value and indicates that TGLS is financially healthy and should not expect problems in meeting its short term obligations.
TGLS's Current ratio of 1.98 is in line compared to the rest of the industry. TGLS outperforms 58.54% of its industry peers.
A Quick Ratio of 1.40 indicates that TGLS should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.40, TGLS is in the better half of the industry, outperforming 65.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.98 | ||
| Quick Ratio | 1.4 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 17.65% 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
TGLS shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 15.70%.
The Revenue has been growing by 15.62% on average over the past years. This is quite good.
EPS 1Y (TTM)17.65%
EPS 3Y28.76%
EPS 5Y39.54%
EPS Q2Q%-7.41%
Revenue 1Y (TTM)15.7%
Revenue growth 3Y21.46%
Revenue growth 5Y15.62%
Sales Q2Q%9.29%
3.2 Future
The Earnings Per Share is expected to grow by 7.30% on average over the next years.
TGLS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.92% yearly.
EPS Next Y16.03%
EPS Next 2Y15.41%
EPS Next 3Y12.32%
EPS Next 5Y7.3%
Revenue Next Year12.6%
Revenue Next 2Y11.87%
Revenue Next 3Y8.89%
Revenue Next 5Y6.92%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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
Based on the Price/Earnings ratio of 12.27, the valuation of TGLS can be described as correct.
TGLS's Price/Earnings ratio is a bit cheaper when compared to the industry. TGLS is cheaper than 78.05% of the companies in the same industry.
When comparing the Price/Earnings ratio of TGLS to the average of the S&P500 Index (26.15), we can say TGLS is valued rather cheaply.
A Price/Forward Earnings ratio of 10.10 indicates a reasonable valuation of TGLS.
82.93% of the companies in the same industry are more expensive than TGLS, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of TGLS to the average of the S&P500 Index (36.12), we can say TGLS is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.27 | ||
| Fwd PE | 10.1 |
4.2 Price Multiples
TGLS's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. TGLS is cheaper than 78.05% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TGLS indicates a slightly more expensive valuation: TGLS is more expensive than 63.41% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 39.08 | ||
| EV/EBITDA | 7.92 |
4.3 Compensation for Growth
TGLS's 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)0.77
PEG (5Y)0.31
EPS Next 2Y15.41%
EPS Next 3Y12.32%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.31%, TGLS has a reasonable but not impressive dividend return.
In the last 3 months the price of TGLS has falen by -32.38%. 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 1.41.
With a Dividend Yield of 1.31, TGLS pays less dividend than the S&P500 average, which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.31% |
5.2 History
The dividend of TGLS is nicely growing with an annual growth rate of 27.74%!
TGLS has been paying a dividend for at least 10 years, so it has 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
14.58% of the earnings are spent on dividend by TGLS. This is a low number and sustainable payout ratio.
The dividend of TGLS is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP14.58%
EPS Next 2Y15.41%
EPS Next 3Y12.32%
49.08
+0.73 (+1.51%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryBuilding Products
Earnings (Last)
Earnings (Next)
Inst Owners53.61%
Inst Owner Change0.2%
Ins Owners0%
Ins Owner Change-3.55%
Market Cap2.29B
Revenue(TTM)977.89M
Net Income(TTM)180.48M
Analysts82
Price Target75.48 (53.79%)
Short Float %4.77%
Short Ratio3.35
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.31% |
Yearly Dividend0.42
Dividend Growth(5Y)27.74%
DP14.58%
Div Incr Years4
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-3.05%
Min EPS beat(2)-11.52%
Max EPS beat(2)5.41%
EPS beat(4)3
Avg EPS beat(4)1.11%
Min EPS beat(4)-11.52%
Max EPS beat(4)9.86%
EPS beat(8)6
Avg EPS beat(8)1.5%
EPS beat(12)9
Avg EPS beat(12)3.73%
EPS beat(16)13
Avg EPS beat(16)8.32%
Revenue beat(2)1
Avg Revenue beat(2)-0.95%
Min Revenue beat(2)-3.49%
Max Revenue beat(2)1.59%
Revenue beat(4)2
Avg Revenue beat(4)-0.4%
Min Revenue beat(4)-3.49%
Max Revenue beat(4)2.18%
Revenue beat(8)2
Avg Revenue beat(8)-1.52%
Revenue beat(12)5
Avg Revenue beat(12)-0.01%
Revenue beat(16)8
Avg Revenue beat(16)1.74%
PT rev (1m)-21.9%
PT rev (3m)-21.9%
EPS NQ rev (1m)-21.94%
EPS NQ rev (3m)-22.36%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.53%
Revenue NQ rev (1m)-7.23%
Revenue NQ rev (3m)-7.41%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.59%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.27 | ||
| Fwd PE | 10.1 | ||
| P/S | 2.34 | ||
| P/FCF | 39.08 | ||
| P/OCF | 13.78 | ||
| P/B | 2.99 | ||
| P/tB | 3.17 | ||
| EV/EBITDA | 7.92 |
EPS(TTM)4
EY8.15%
EPS(NY)4.86
Fwd EY9.9%
FCF(TTM)1.26
FCFY2.56%
OCF(TTM)3.56
OCFY7.26%
SpS21
BVpS16.4
TBVpS15.48
PEG (NY)0.77
PEG (5Y)0.31
Graham Number38.42
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.7% | ||
| ROE | 23.62% | ||
| ROCE | 28.26% | ||
| ROIC | 20.04% | ||
| ROICexc | 23.36% | ||
| ROICexgc | 24.75% | ||
| OM | 25.88% | ||
| PM (TTM) | 18.46% | ||
| GM | 43.94% | ||
| FCFM | 5.98% |
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 Turnover0.8
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 1.91 | ||
| Debt/EBITDA | 0.39 | ||
| Cap/Depr | 323.63% | ||
| Cap/Sales | 10.98% | ||
| Interest Coverage | 36.05 | ||
| Cash Conversion | 57.95% | ||
| Profit Quality | 32.41% | ||
| Current Ratio | 1.98 | ||
| Quick Ratio | 1.4 | ||
| Altman-Z | 5.49 |
F-Score5
WACC9.55%
ROIC/WACC2.1
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)17.65%
EPS 3Y28.76%
EPS 5Y39.54%
EPS Q2Q%-7.41%
EPS Next Y16.03%
EPS Next 2Y15.41%
EPS Next 3Y12.32%
EPS Next 5Y7.3%
Revenue 1Y (TTM)15.7%
Revenue growth 3Y21.46%
Revenue growth 5Y15.62%
Sales Q2Q%9.29%
Revenue Next Year12.6%
Revenue Next 2Y11.87%
Revenue Next 3Y8.89%
Revenue Next 5Y6.92%
EBIT growth 1Y20.36%
EBIT growth 3Y24.72%
EBIT growth 5Y31.02%
EBIT Next Year39.01%
EBIT Next 3Y16.88%
EBIT Next 5Y12.44%
FCF growth 1Y1.54%
FCF growth 3Y11.4%
FCF growth 5Y164.7%
OCF growth 1Y14.95%
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 7 / 10 to TECNOGLASS INC (TGLS). This can be considered as Undervalued.
How profitable is TECNOGLASS INC (TGLS) stock?
TECNOGLASS INC (TGLS) has a profitability rating of 9 / 10.
Can you provide the PE and PB ratios for TGLS stock?
The Price/Earnings (PE) ratio for TECNOGLASS INC (TGLS) is 12.27 and the Price/Book (PB) ratio is 2.99.
Is the dividend of TECNOGLASS INC sustainable?
The dividend rating of TECNOGLASS INC (TGLS) is 5 / 10 and the dividend payout ratio is 14.58%.