TECNOGLASS INC (TGLS)
KYG872641009 - Common Stock
TGLS gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 39 industry peers in the Building Products industry. TGLS scores excellent points on both the profitability and health parts. This is a solid base for a good stock. TGLS is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
TGLS had positive earnings in the past year.
In the past year TGLS had a positive cash flow from operations.
TGLS had positive earnings in each of the past 5 years.
TGLS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
TGLS has a better Return On Assets (15.12%) than 84.62% of its industry peers.
TGLS has a better Return On Equity (24.56%) than 71.79% of its industry peers.
The Return On Invested Capital of TGLS (19.36%) is better than 87.18% of its industry peers.
The Average Return On Invested Capital over the past 3 years for TGLS is significantly above the industry average of 13.67%.
The 3 year average ROIC (24.28%) for TGLS is well above the current ROIC(19.36%). The reason for the recent decline needs to be investigated.
| 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
Looking at the Profit Margin, with a value of 17.82%, TGLS belongs to the top of the industry, outperforming 92.31% of the companies in the same industry.
In the last couple of years the Profit Margin of TGLS has grown nicely.
With an excellent Operating Margin value of 24.90%, TGLS belongs to the best of the industry, outperforming 97.44% of the companies in the same industry.
In the last couple of years the Operating Margin of TGLS has grown nicely.
With a decent Gross Margin value of 42.17%, TGLS is doing good in the industry, outperforming 79.49% of the companies in the same industry.
TGLS's Gross Margin has improved in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), TGLS is creating value.
The number of shares outstanding for TGLS has been reduced compared to 1 year ago.
TGLS has more shares outstanding than it did 5 years ago.
TGLS has a better debt/assets ratio than last year.
2.2 Solvency
TGLS has an Altman-Z score of 8.05. This indicates that TGLS is financially healthy and has little risk of bankruptcy at the moment.
TGLS has a better Altman-Z score (8.05) than 87.18% 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.
TGLS's Debt to FCF ratio of 1.48 is fine compared to the rest of the industry. TGLS outperforms 71.79% of its industry peers.
A Debt/Equity ratio of 0.20 indicates that TGLS is not too dependend on debt financing.
TGLS has a better Debt to Equity ratio (0.20) than 61.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 1.48 | ||
| Altman-Z | 8.05 |
ROIC/WACC1.9
WACC10.21%
2.3 Liquidity
A Current Ratio of 2.21 indicates that TGLS has no problem at all paying its short term obligations.
The Current ratio of TGLS (2.21) is comparable to the rest of the industry.
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 line with its industry, outperforming 58.97% 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.
The Revenue has decreased by -0.53% in the past year.
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
TGLS is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.82% yearly.
The Revenue is expected to grow by 3.71% on average over the next years.
EPS Next Y-9.48%
EPS Next 2Y3.97%
EPS Next 3Y6.85%
EPS Next 5Y4.82%
Revenue Next Year5.81%
Revenue Next 2Y8.46%
Revenue Next 3Y7.15%
Revenue Next 5Y3.71%
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.
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
TGLS is valuated rather expensively with a Price/Earnings ratio of 21.52.
The rest of the industry has a similar Price/Earnings ratio as TGLS.
The average S&P500 Price/Earnings ratio is at 28.53. TGLS is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 17.01 indicates a rather expensive valuation of TGLS.
TGLS's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. TGLS is cheaper than 66.67% of the companies in the same industry.
TGLS is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.40, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.52 | ||
| Fwd PE | 17.01 |
4.2 Price Multiples
TGLS's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, TGLS is valued a bit more expensive than the industry average as 71.79% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 40.89 | ||
| EV/EBITDA | 14.7 |
4.3 Compensation for Growth
The excellent profitability rating of TGLS may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.59
EPS Next 2Y3.97%
EPS Next 3Y6.85%
5. Dividend
5.1 Amount
With a yearly dividend of 0.60%, TGLS is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 0.94, TGLS has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.21, TGLS's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.6% |
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
12.48% 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.
DP12.48%
EPS Next 2Y3.97%
EPS Next 3Y6.85%
TECNOGLASS INC
NYSE:TGLS (11/15/2024, 8:04:00 PM)
After market: 73.17 0 (0%)73.17
-0.77 (-1.04%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryBuilding Products
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap3.44B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.6% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.52 | ||
| Fwd PE | 17.01 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)0.59
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.12% | ||
| ROE | 24.56% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 24.9% | ||
| PM (TTM) | 17.82% | ||
| GM | 42.17% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.85
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.21 | ||
| Quick Ratio | 1.63 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-20.37%
EPS 3Y70.71%
EPS 5Y
EPS Q2Q%
EPS Next Y-9.48%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-0.53%
Revenue growth 3Y30.31%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y