TECNOGLASS INC (TGLS) Stock Fundamental Analysis
NYSE:TGLS - New York Stock Exchange, Inc. - KYG872641009 - Common Stock
Taking everything into account, TGLS scores 6 out of 10 in our fundamental rating. TGLS was compared to 41 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 valied quite expensively at the moment, while it does show a decent growth rate.
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.
Each year in the past 5 years TGLS has been profitable.
TGLS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 15.12%, TGLS belongs to the top of the industry, outperforming 85.00% of the companies in the same industry.
The Return On Equity of TGLS (24.56%) is better than 72.50% of its industry peers.
TGLS has a Return On Invested Capital of 19.36%. This is amongst the best in the industry. TGLS outperforms 87.50% of its industry peers.
TGLS had an Average Return On Invested Capital over the past 3 years of 24.28%. This is significantly above the industry average of 13.18%.
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
With an excellent Profit Margin value of 17.82%, TGLS belongs to the best of the industry, outperforming 92.50% 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 97.50% of the companies in the same industry.
In the last couple of years the Operating Margin of TGLS has grown nicely.
Looking at the Gross Margin, with a value of 42.17%, TGLS is in the better half of the industry, outperforming 80.00% 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
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 has been reduced compared to 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 8.80 indicates that TGLS is not in any danger for bankruptcy at the moment.
TGLS has a better Altman-Z score (8.80) than 90.00% of its industry peers.
TGLS has a debt to FCF ratio of 1.48. This is a very positive value and a sign of high solvency as it would only need 1.48 years to pay back of 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 75.00% 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 67.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 1.48 | ||
| Altman-Z | 8.8 |
ROIC/WACC1.82
WACC10.65%
2.3 Liquidity
TGLS has a Current Ratio of 2.21. This indicates that TGLS is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.21, TGLS is in line with its industry, outperforming 57.50% of the companies in the same industry.
TGLS has a Quick Ratio of 1.63. This is a normal value and indicates that TGLS is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.63, TGLS is in line with its industry, outperforming 60.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.21 | ||
| Quick Ratio | 1.63 |
3. Growth
3.1 Past
The earnings per share for TGLS have decreased strongly by -20.37% in the last year.
The Earnings Per Share has been growing by 36.17% on average over the past years. This is a very strong growth
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.
Based on estimates for the next years, TGLS will show a small growth in Revenue. The Revenue will grow by 5.44% on average per year.
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
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
A Price/Earnings ratio of 25.29 indicates a quite expensive valuation of TGLS.
Compared to the rest of the industry, the Price/Earnings ratio of TGLS indicates a slightly more expensive valuation: TGLS is more expensive than 60.00% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of TGLS to the average of the S&P500 Index (28.29), we can say TGLS is valued inline with the index average.
TGLS is valuated rather expensively with a Price/Forward Earnings ratio of 19.69.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TGLS is on the same level as its industry peers.
TGLS's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 24.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.29 | ||
| Fwd PE | 19.69 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TGLS is on the same level as its industry peers.
TGLS's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. TGLS is more expensive than 72.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 48.06 | ||
| EV/EBITDA | 16.71 |
4.3 Compensation for Growth
TGLS has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.7
EPS Next 2Y4.76%
EPS Next 3Y7.11%
5. Dividend
5.1 Amount
With a yearly dividend of 0.74%, TGLS is not a good candidate for dividend investing.
TGLS's Dividend Yield is comparable with the industry average which is at 1.05.
With a Dividend Yield of 0.74, TGLS pays less dividend than the S&P500 average, which is at 2.28.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.74% |
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.
The dividend of TGLS is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP12.48%
EPS Next 2Y4.76%
EPS Next 3Y7.11%
TECNOGLASS INC
NYSE:TGLS (1/21/2025, 7:25:44 PM)
After market: 85 -1 (-1.16%)86
+1.95 (+2.32%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryBuilding Products
Earnings (Last)
Earnings (Next)
Inst Owners48.17%
Inst Owner Change0.05%
Ins Owners0.25%
Ins Owner Change-3.44%
Market Cap4.04B
Analysts78.18
Price Target84.92 (-1.26%)
Short Float %9.29%
Short Ratio7.39
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.74% |
Yearly Dividend0.35
Dividend Growth(5Y)36.17%
DP12.48%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
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)0%
PT rev (3m)22.43%
EPS NQ rev (1m)0%
EPS NQ rev (3m)6.3%
EPS NY rev (1m)0%
EPS NY rev (3m)3.19%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)4.13%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.29 | ||
| Fwd PE | 19.69 | ||
| P/S | 4.78 | ||
| P/FCF | 48.06 | ||
| P/OCF | 26.29 | ||
| P/B | 6.59 | ||
| P/tB | 6.9 | ||
| EV/EBITDA | 16.71 |
EPS(TTM)3.4
EY3.95%
EPS(NY)4.37
Fwd EY5.08%
FCF(TTM)1.79
FCFY2.08%
OCF(TTM)3.27
OCFY3.8%
SpS17.98
BVpS13.05
TBVpS12.47
PEG (NY)N/A
PEG (5Y)0.7
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 | 8.8 |
F-Score5
WACC10.65%
ROIC/WACC1.82
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