TECNOGLASS INC (TGLS)
KYG872641009 - Common Stock
Taking everything into account, TGLS scores 6 out of 10 in our fundamental rating. TGLS was compared to 39 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 is quite expensive at the moment. It does show a decent growth rate.
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.
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 15.12%, TGLS belongs to the top of the industry, outperforming 84.62% of the companies in the same industry.
TGLS has a Return On Equity of 24.56%. This is in the better half of the industry: TGLS outperforms 71.79% of its industry peers.
TGLS's Return On Invested Capital of 19.36% is amongst the best of the industry. TGLS outperforms 87.18% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for TGLS is significantly above the industry average of 13.33%.
The last Return On Invested Capital (19.36%) for TGLS is well below the 3 year average (24.28%), which needs to be investigated, but indicates that TGLS had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.12% | ||
| ROE | 24.56% | ||
| ROIC | 19.36% |
ROA(3y)17.24%
ROA(5y)12.11%
ROE(3y)35.32%
ROE(5y)26.12%
ROIC(3y)24.28%
ROIC(5y)18.49%
1.3 Margins
TGLS has a better Profit Margin (17.82%) than 92.31% of its industry peers.
In the last couple of years the Profit Margin of TGLS has grown nicely.
The Operating Margin of TGLS (24.90%) is better than 97.44% of its industry peers.
TGLS's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 42.17%, TGLS is in the better half of the industry, outperforming 79.49% 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 | 24.9% | ||
| PM (TTM) | 17.82% | ||
| GM | 42.17% |
OM growth 3Y21.35%
OM growth 5Y19.63%
PM growth 3Y51.22%
PM growth 5Y55.35%
GM growth 3Y8.22%
GM growth 5Y7.69%
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.
TGLS has less shares outstanding than it did 1 year ago.
The number of shares outstanding for TGLS has been increased compared to 5 years ago.
The debt/assets ratio for TGLS has been reduced compared to a year ago.
2.2 Solvency
TGLS has an Altman-Z score of 8.45. This indicates that TGLS is financially healthy and has little risk of bankruptcy at the moment.
TGLS has a Altman-Z score of 8.45. This is amongst the best in the industry. TGLS outperforms 89.74% of its industry peers.
The Debt to FCF ratio of TGLS is 1.48, which is an excellent value as it means it would take TGLS, only 1.48 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.48, TGLS is in the better half of the industry, outperforming 74.36% of the companies in the same industry.
TGLS has a Debt/Equity ratio of 0.20. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of TGLS (0.20) is better than 64.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 1.48 | ||
| Altman-Z | 8.45 |
ROIC/WACC1.86
WACC10.42%
2.3 Liquidity
A Current Ratio of 2.21 indicates that TGLS has no problem at all paying its short term obligations.
TGLS has a Current ratio (2.21) which is in line with its industry peers.
A Quick Ratio of 1.63 indicates that TGLS should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.63, TGLS is in the better half of the industry, outperforming 61.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.21 | ||
| Quick Ratio | 1.63 |
3. Growth
3.1 Past
TGLS shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -20.37%.
Measured over the past years, TGLS shows a very strong growth in Earnings Per Share. The EPS has been growing by 36.17% on average per year.
TGLS shows a decrease in Revenue. In the last year, the revenue decreased by -0.53%.
Measured over the past years, TGLS shows a quite strong growth in Revenue. The Revenue has been growing by 17.57% on average per year.
EPS 1Y (TTM)-20.37%
EPS 3Y70.71%
EPS 5Y36.17%
EPS Q2Q%10.2%
Revenue 1Y (TTM)-0.53%
Revenue growth 3Y30.31%
Revenue growth 5Y17.57%
Sales Q2Q%13.09%
3.2 Future
Based on estimates for the next years, TGLS will show a small growth in Earnings Per Share. The EPS will grow by 5.97% on average per year.
The Revenue is expected to grow by 5.44% on average over the next years.
EPS Next Y-7.23%
EPS Next 2Y4.76%
EPS Next 3Y7.11%
EPS Next 5Y5.97%
Revenue Next Year6.04%
Revenue Next 2Y8.36%
Revenue Next 3Y8.12%
Revenue Next 5Y5.44%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last 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 23.55, TGLS is valued on the expensive side.
Compared to the rest of the industry, the Price/Earnings ratio of TGLS is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 27.73, TGLS is valued at the same level.
A Price/Forward Earnings ratio of 18.33 indicates a rather expensive valuation of TGLS.
The rest of the industry has a similar Price/Forward Earnings ratio as TGLS.
The average S&P500 Price/Forward Earnings ratio is at 22.83. TGLS is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.55 | ||
| Fwd PE | 18.33 |
4.2 Price Multiples
TGLS's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, TGLS is valued a bit more expensive than 69.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 44.74 | ||
| EV/EBITDA | 15.77 |
4.3 Compensation for Growth
TGLS has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.65
EPS Next 2Y4.76%
EPS Next 3Y7.11%
5. Dividend
5.1 Amount
With a yearly dividend of 0.71%, TGLS is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 0.99, TGLS has a dividend in line with its industry peers.
With a Dividend Yield of 0.71, TGLS pays less dividend than the S&P500 average, which is at 2.24.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.71% |
5.2 History
The dividend of TGLS is nicely growing with an annual growth rate of 36.17%!
TGLS has been paying a dividend for over 5 years, so it has already some track record.
TGLS has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)36.17%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
TGLS pays out 12.48% of its income as dividend. This is a sustainable payout ratio.
TGLS's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP12.48%
EPS Next 2Y4.76%
EPS Next 3Y7.11%
TECNOGLASS INC
NYSE:TGLS (12/20/2024, 8:04:00 PM)
After market: 80.06 0 (0%)80.06
+0.76 (+0.96%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryBuilding Products
Earnings (Last)
Earnings (Next)
Inst Owners43.95%
Inst Owner Change-2.27%
Ins Owners95.96%
Ins Owner Change-3.44%
Market Cap3.76B
Analysts78.18
Price Target84.92 (6.07%)
Short Float %9.51%
Short Ratio7.82
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.71% |
Dividend Growth(5Y)36.17%
DP12.48%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.9%
Min EPS beat(2)1.91%
Max EPS beat(2)5.88%
EPS beat(4)3
Avg EPS beat(4)1.9%
Min EPS beat(4)-2.92%
Max EPS beat(4)5.88%
EPS beat(8)6
Avg EPS beat(8)5.04%
EPS beat(12)10
Avg EPS beat(12)10.72%
EPS beat(16)14
Avg EPS beat(16)15.6%
Revenue beat(2)0
Avg Revenue beat(2)-2.26%
Min Revenue beat(2)-2.72%
Max Revenue beat(2)-1.8%
Revenue beat(4)0
Avg Revenue beat(4)-2.64%
Min Revenue beat(4)-4.91%
Max Revenue beat(4)-1.15%
Revenue beat(8)3
Avg Revenue beat(8)0.18%
Revenue beat(12)6
Avg Revenue beat(12)2.45%
Revenue beat(16)10
Avg Revenue beat(16)4.04%
PT rev (1m)18.25%
PT rev (3m)28.87%
EPS NQ rev (1m)2%
EPS NQ rev (3m)6.3%
EPS NY rev (1m)2.49%
EPS NY rev (3m)3.19%
Revenue NQ rev (1m)1.04%
Revenue NQ rev (3m)4.13%
Revenue NY rev (1m)0.22%
Revenue NY rev (3m)-0.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.55 | ||
| Fwd PE | 18.33 | ||
| P/S | 4.45 | ||
| P/FCF | 44.74 | ||
| P/OCF | 24.48 | ||
| P/B | 6.14 | ||
| P/tB | 6.42 | ||
| EV/EBITDA | 15.77 |
EPS(TTM)3.4
EY4.25%
EPS(NY)4.37
Fwd EY5.46%
FCF(TTM)1.79
FCFY2.24%
OCF(TTM)3.27
OCFY4.09%
SpS17.98
BVpS13.05
TBVpS12.47
PEG (NY)N/A
PEG (5Y)0.65
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.12% | ||
| ROE | 24.56% | ||
| ROCE | 28.1% | ||
| ROIC | 19.36% | ||
| ROICexc | 23.24% | ||
| ROICexgc | 24.3% | ||
| OM | 24.9% | ||
| PM (TTM) | 17.82% | ||
| GM | 42.17% | ||
| FCFM | 9.95% |
ROA(3y)17.24%
ROA(5y)12.11%
ROE(3y)35.32%
ROE(5y)26.12%
ROIC(3y)24.28%
ROIC(5y)18.49%
ROICexc(3y)30.15%
ROICexc(5y)22.64%
ROICexgc(3y)32.1%
ROICexgc(5y)24.2%
ROCE(3y)35.23%
ROCE(5y)26.82%
ROICexcg growth 3Y32.95%
ROICexcg growth 5Y23.85%
ROICexc growth 3Y34.51%
ROICexc growth 5Y25.26%
OM growth 3Y21.35%
OM growth 5Y19.63%
PM growth 3Y51.22%
PM growth 5Y55.35%
GM growth 3Y8.22%
GM growth 5Y7.69%
F-Score5
Asset Turnover0.85
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 1.48 | ||
| Debt/EBITDA | 0.52 | ||
| Cap/Depr | 269.81% | ||
| Cap/Sales | 8.24% | ||
| Interest Coverage | 18.83 | ||
| Cash Conversion | 65.08% | ||
| Profit Quality | 55.83% | ||
| Current Ratio | 2.21 | ||
| Quick Ratio | 1.63 | ||
| Altman-Z | 8.45 |
F-Score5
WACC10.42%
ROIC/WACC1.86
Cap/Depr(3y)321.56%
Cap/Depr(5y)232.73%
Cap/Sales(3y)9.89%
Cap/Sales(5y)8.07%
Profit Quality(3y)58.37%
Profit Quality(5y)80.28%
High Growth Momentum
Growth
EPS 1Y (TTM)-20.37%
EPS 3Y70.71%
EPS 5Y36.17%
EPS Q2Q%10.2%
EPS Next Y-7.23%
EPS Next 2Y4.76%
EPS Next 3Y7.11%
EPS Next 5Y5.97%
Revenue 1Y (TTM)-0.53%
Revenue growth 3Y30.31%
Revenue growth 5Y17.57%
Sales Q2Q%13.09%
Revenue Next Year6.04%
Revenue Next 2Y8.36%
Revenue Next 3Y8.12%
Revenue Next 5Y5.44%
EBIT growth 1Y-25.54%
EBIT growth 3Y58.13%
EBIT growth 5Y40.65%
EBIT Next Year4.04%
EBIT Next 3Y10.94%
EBIT Next 5Y7.93%
FCF growth 1Y66.87%
FCF growth 3Y4.46%
FCF growth 5YN/A
OCF growth 1Y31.85%
OCF growth 3Y24.64%
OCF growth 5YN/A