TECNOGLASS INC (TGLS) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TGLS - KYG872641009 - Common Stock
50.51 USD
-1.24 (-2.4%)
50.51 USD
0 (0%)
Taking everything into account, TGLS scores 7 out of 10 in our fundamental rating. TGLS was compared to 42 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 has a correct valuation and a medium growth rate. With these ratings, TGLS could be worth investigating further 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.
TGLS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
TGLS's Return On Assets of 14.70% is amongst the best of the industry. TGLS outperforms 90.48% of its industry peers.
Looking at the Return On Equity, with a value of 23.62%, TGLS is in the better half of the industry, outperforming 71.43% of the companies in the same industry.
TGLS has a better Return On Invested Capital (20.04%) than 85.71% 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 12.60%.
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
Looking at the Profit Margin, with a value of 18.46%, TGLS belongs to the top of the industry, outperforming 95.24% of the companies in the same industry.
In the last couple of years the Profit Margin of TGLS has grown nicely.
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.
The Gross Margin of TGLS (43.94%) is better than 88.10% 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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so TGLS is creating value.
Compared to 1 year ago, TGLS has about the same amount of shares outstanding.
Compared to 5 years ago, TGLS has more shares outstanding
Compared to 1 year ago, TGLS has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 5.58 indicates that TGLS is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 5.58, TGLS is in the better half of the industry, outperforming 71.43% of the companies in the same industry.
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.
With a decent Debt to FCF ratio value of 1.91, TGLS is doing good in the industry, outperforming 69.05% 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.
TGLS has a Debt to Equity ratio of 0.15. This is in the better half of the industry: TGLS outperforms 76.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 1.91 | ||
| Altman-Z | 5.58 |
ROIC/WACC2.09
WACC9.58%
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 has a Current ratio (1.98) which 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's Quick ratio of 1.40 is fine compared to the rest of the industry. TGLS outperforms 71.43% of its industry peers.
| 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%.
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
Based on estimates for the next years, TGLS will show a small growth in Earnings Per Share. The EPS will grow by 7.30% on average per year.
TGLS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.92% yearly.
EPS Next Y6.08%
EPS Next 2Y7.53%
EPS Next 3Y9.18%
EPS Next 5Y7.3%
Revenue Next Year10.04%
Revenue Next 2Y10.39%
Revenue Next 3Y9.85%
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.
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 12.63, TGLS is valued correctly.
Based on the Price/Earnings ratio, TGLS is valued cheaply inside the industry as 80.95% of the companies are valued more expensively.
TGLS is valuated cheaply when we compare the Price/Earnings ratio to 26.39, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 11.97, the valuation of TGLS can be described as reasonable.
Based on the Price/Forward Earnings ratio, TGLS is valued cheaper than 83.33% of the companies in the same industry.
TGLS's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.84.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.63 | ||
| Fwd PE | 11.97 |
4.2 Price Multiples
TGLS's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. TGLS is cheaper than 78.57% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, TGLS is valued a bit more expensive than the industry average as 61.90% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 40.22 | ||
| EV/EBITDA | 8.15 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
TGLS has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)2.08
PEG (5Y)0.32
EPS Next 2Y7.53%
EPS Next 3Y9.18%
5. Dividend
5.1 Amount
TGLS has a Yearly Dividend Yield of 1.16%. Purely for dividend investing, there may be better candidates out there.
In the last 3 months the price of TGLS has falen by -27.94%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
Compared to an average industry Dividend Yield of 0.71, TGLS pays a bit more dividend than its industry peers.
TGLS's Dividend Yield is slightly below the S&P500 average, which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.16% |
5.2 History
On average, the dividend of TGLS grows each year by 27.74%, which is quite nice.
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
TGLS pays out 14.58% 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.
DP14.58%
EPS Next 2Y7.53%
EPS Next 3Y9.18%
50.51
-1.24 (-2.4%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryBuilding Products
Earnings (Last)
Earnings (Next)
Inst Owners54.12%
Inst Owner Change0.2%
Ins Owners0.07%
Ins Owner Change-3.55%
Market Cap2.35B
Revenue(TTM)977.89M
Net Income(TTM)180.48M
Analysts82
Price Target75.48 (49.44%)
Short Float %5.3%
Short Ratio3.3
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.16% |
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)-18.46%
PT rev (3m)-21.9%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-22.22%
EPS NY rev (1m)-8.57%
EPS NY rev (3m)-8.36%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-7.26%
Revenue NY rev (1m)-2.27%
Revenue NY rev (3m)-2.36%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.63 | ||
| Fwd PE | 11.97 | ||
| P/S | 2.41 | ||
| P/FCF | 40.22 | ||
| P/OCF | 14.18 | ||
| P/B | 3.08 | ||
| P/tB | 3.26 | ||
| EV/EBITDA | 8.15 |
EPS(TTM)4
EY7.92%
EPS(NY)4.22
Fwd EY8.36%
FCF(TTM)1.26
FCFY2.49%
OCF(TTM)3.56
OCFY7.05%
SpS21
BVpS16.4
TBVpS15.48
PEG (NY)2.08
PEG (5Y)0.32
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 | 5.58 |
F-Score5
WACC9.58%
ROIC/WACC2.09
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 Y6.08%
EPS Next 2Y7.53%
EPS Next 3Y9.18%
EPS Next 5Y7.3%
Revenue 1Y (TTM)15.7%
Revenue growth 3Y21.46%
Revenue growth 5Y15.62%
Sales Q2Q%9.29%
Revenue Next Year10.04%
Revenue Next 2Y10.39%
Revenue Next 3Y9.85%
Revenue Next 5Y6.92%
EBIT growth 1Y20.36%
EBIT growth 3Y24.72%
EBIT growth 5Y31.02%
EBIT Next Year29.93%
EBIT Next 3Y16.3%
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 5 / 10 to TECNOGLASS INC (TGLS). This can be considered as Fairly Valued.
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 12.63 and the Price/Book (PB) ratio is 3.08.
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%.