TECNOGLASS INC (TGLS) Stock Fundamental Analysis
USA - NYSE:TGLS - KYG872641009 - Common Stock
45.57 USD
+0.43 (+0.95%)
45.57 USD
0 (0%)
TGLS gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 41 industry peers in the Building Products industry. TGLS has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. A decent growth rate in combination with a cheap valuation! Better keep an eye on TGLS. This makes TGLS very considerable for value and quality investing!
1. Profitability
1.1 Basic Checks
In the past year TGLS was profitable.
TGLS had a positive operating cash flow in the past year.
Each year in the past 5 years TGLS has been profitable.
Each year in the past 5 years TGLS had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 14.70%, TGLS belongs to the top of the industry, outperforming 90.24% of the companies in the same industry.
With a decent Return On Equity value of 23.62%, TGLS is doing good in the industry, outperforming 70.73% of the companies in the same industry.
With an excellent Return On Invested Capital value of 20.04%, TGLS belongs to the best 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 12.50%.
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.
TGLS's Profit Margin has improved in the last couple of years.
TGLS has a better Operating Margin (25.88%) than 100.00% of its industry peers.
In the last couple of years the Operating Margin of TGLS has grown nicely.
TGLS has a better Gross Margin (43.94%) than 87.80% of its industry peers.
TGLS's Gross Margin has improved in the last couple of years.
| 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
TGLS has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for TGLS remains at a similar level compared to 1 year ago.
Compared to 5 years ago, TGLS has more shares outstanding
TGLS has a better debt/assets ratio than last year.
2.2 Solvency
TGLS has an Altman-Z score of 5.31. This indicates that TGLS is financially healthy and has little risk of bankruptcy at the moment.
With a decent Altman-Z score value of 5.31, TGLS is doing good in the industry, outperforming 73.17% of the companies in the same industry.
TGLS has a debt to FCF ratio of 1.91. This is a very positive value and a sign of high solvency as it would only need 1.91 years to pay back of all of its debts.
TGLS's Debt to FCF ratio of 1.91 is fine compared to the rest of the industry. TGLS outperforms 70.73% of its industry peers.
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 | 5.31 |
ROIC/WACC2.23
WACC8.98%
2.3 Liquidity
A Current Ratio of 1.98 indicates that TGLS should not have too much problems paying its short term obligations.
The Current ratio of TGLS (1.98) is comparable to the rest of the industry.
A Quick Ratio of 1.40 indicates that TGLS should not have too much problems paying its short term obligations.
TGLS has a better Quick ratio (1.40) than 65.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.98 | ||
| Quick Ratio | 1.4 |
3. Growth
3.1 Past
TGLS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 17.65%, which is quite good.
TGLS shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 39.54% yearly.
Looking at the last year, TGLS shows a quite strong growth in Revenue. The Revenue has grown by 15.70% in the last year.
Measured over the past years, TGLS shows a quite strong growth in Revenue. The Revenue has been growing by 15.62% on average per year.
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 10.29% on average over the next years. This is quite good.
Based on estimates for the next years, TGLS will show a small growth in Revenue. The Revenue will grow by 7.33% on average per year.
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 11.39, the valuation of TGLS can be described as very reasonable.
Based on the Price/Earnings ratio, TGLS is valued a bit cheaper than 78.05% of the companies in the same industry.
TGLS's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.51.
With a Price/Forward Earnings ratio of 9.37, the valuation of TGLS can be described as very reasonable.
Based on the Price/Forward Earnings ratio, TGLS is valued cheaply inside the industry as 82.93% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 34.98. TGLS is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.39 | ||
| Fwd PE | 9.37 |
4.2 Price Multiples
82.93% of the companies in the same industry are more expensive than TGLS, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, TGLS is valued a bit more expensive than the industry average as 60.98% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.61 | ||
| EV/EBITDA | 7.42 |
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.
TGLS's earnings are expected to grow with 12.32% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.71
PEG (5Y)0.29
EPS Next 2Y15.41%
EPS Next 3Y12.32%
5. Dividend
5.1 Amount
TGLS has a Yearly Dividend Yield of 1.34%. Purely for dividend investing, there may be better candidates out there.
The stock price of TGLS dropped by -37.42% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
TGLS's Dividend Yield is a higher than the industry average which is at 1.34.
Compared to an average S&P500 Dividend Yield of 2.44, TGLS's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.34% |
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.
TGLS's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP14.58%
EPS Next 2Y15.41%
EPS Next 3Y12.32%
45.57
+0.43 (+0.95%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryBuilding Products
Earnings (Last)
Earnings (Next)
Inst Owners53.61%
Inst Owner Change0.66%
Ins Owners0%
Ins Owner Change-7.38%
Market Cap2.14B
Revenue(TTM)977.89M
Net Income(TTM)180.48M
Analysts82
Price Target92.57 (103.14%)
Short Float %4.77%
Short Ratio3.35
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.34% |
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)-4.22%
PT rev (3m)-4.22%
EPS NQ rev (1m)-8.38%
EPS NQ rev (3m)-12.37%
EPS NY rev (1m)-0.24%
EPS NY rev (3m)-0.53%
Revenue NQ rev (1m)-2.97%
Revenue NQ rev (3m)-3.87%
Revenue NY rev (1m)-0.1%
Revenue NY rev (3m)0.59%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.39 | ||
| Fwd PE | 9.37 | ||
| P/S | 2.19 | ||
| P/FCF | 36.61 | ||
| P/OCF | 12.91 | ||
| P/B | 2.8 | ||
| P/tB | 2.97 | ||
| EV/EBITDA | 7.42 |
EPS(TTM)4
EY8.78%
EPS(NY)4.86
Fwd EY10.67%
FCF(TTM)1.24
FCFY2.73%
OCF(TTM)3.53
OCFY7.75%
SpS20.81
BVpS16.26
TBVpS15.34
PEG (NY)0.71
PEG (5Y)0.29
Graham Number38.25
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 | 5.31 |
F-Score5
WACC8.98%
ROIC/WACC2.23
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 5Y10.29%
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 5Y7.33%
EBIT growth 1Y20.36%
EBIT growth 3Y24.72%
EBIT growth 5Y31.02%
EBIT Next Year39.01%
EBIT Next 3Y16.88%
EBIT Next 5Y12.33%
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 8 / 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 11.39 and the Price/Book (PB) ratio is 2.8.
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%.