TECNOGLASS INC (TGLS) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TGLS - KYG872641009 - Common Stock
52.04 USD
+1.72 (+3.42%)
52.04 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 has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. TGLS has a decent growth rate and is not valued too expensively. These ratings could make TGLS a good candidate 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.
Each year in the past 5 years TGLS had a positive operating cash flow.
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.
TGLS has a Return On Equity of 23.62%. This is in the better half of the industry: TGLS outperforms 71.43% of its industry peers.
The Return On Invested Capital of TGLS (20.04%) is better than 85.71% of its industry peers.
The Average Return On Invested Capital over the past 3 years for TGLS is significantly above the industry average of 12.61%.
The last Return On Invested Capital (20.04%) for TGLS is well below the 3 year average (25.80%), which needs to be investigated, but indicates that TGLS had better years and this may not be a problem.
| 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 has a better Profit Margin (18.46%) than 95.24% of its industry peers.
In the last couple of years the Profit Margin of TGLS has grown nicely.
Looking at the Operating Margin, with a value of 25.88%, TGLS belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
TGLS's Operating Margin has improved in the last couple of years.
TGLS has a better Gross Margin (43.94%) than 88.10% of its industry peers.
In the last couple of years the Gross Margin of TGLS has grown nicely.
| 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 5.57 indicates that TGLS is not in any danger for bankruptcy at the moment.
TGLS's Altman-Z score of 5.57 is fine compared to the rest of the industry. TGLS outperforms 69.05% of its industry peers.
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 has a better Debt to FCF ratio (1.91) than 69.05% of its industry peers.
A Debt/Equity ratio of 0.15 indicates that TGLS is not too dependend on debt financing.
TGLS's Debt to Equity ratio of 0.15 is fine compared to the rest 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 | 5.57 |
ROIC/WACC2.2
WACC9.09%
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's Current ratio of 1.98 is in line compared to the rest of the industry. TGLS outperforms 57.14% of its industry peers.
TGLS has a Quick Ratio of 1.40. This is a normal value and indicates that TGLS is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Quick ratio value of 1.40, TGLS is doing good in the industry, outperforming 71.43% of the companies in the same industry.
| 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.
The Earnings Per Share has been growing by 39.54% on average over the past years. This is a very strong growth
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 7.30% on average over the next years.
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
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
TGLS is valuated correctly with a Price/Earnings ratio of 13.01.
80.95% of the companies in the same industry are more expensive than TGLS, based on the Price/Earnings ratio.
TGLS's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.60.
The Price/Forward Earnings ratio is 12.33, which indicates a correct valuation of TGLS.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TGLS indicates a rather cheap valuation: TGLS is cheaper than 80.95% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.23. TGLS is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.01 | ||
| Fwd PE | 12.33 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TGLS is valued a bit cheaper than the industry average as 73.81% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TGLS indicates a slightly more expensive valuation: TGLS is more expensive than 61.90% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 41.44 | ||
| EV/EBITDA | 8.12 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates TGLS does not grow enough to justify the current Price/Earnings ratio.
TGLS has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)2.14
PEG (5Y)0.33
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 -21.38%. 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 0.72, TGLS pays a bit more dividend than its industry peers.
With a Dividend Yield of 1.16, TGLS pays less dividend than the S&P500 average, which is at 2.00.
| 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.
TGLS's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP14.58%
EPS Next 2Y7.53%
EPS Next 3Y9.18%
52.04
+1.72 (+3.42%)
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 Cap2.42B
Revenue(TTM)977.89M
Net Income(TTM)180.48M
Analysts82
Price Target75.48 (45.04%)
Short Float %6.61%
Short Ratio3.98
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-DateN/A
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)0%
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)-8.79%
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 | 13.01 | ||
| Fwd PE | 12.33 | ||
| P/S | 2.48 | ||
| P/FCF | 41.44 | ||
| P/OCF | 14.61 | ||
| P/B | 3.17 | ||
| P/tB | 3.36 | ||
| EV/EBITDA | 8.12 |
EPS(TTM)4
EY7.69%
EPS(NY)4.22
Fwd EY8.11%
FCF(TTM)1.26
FCFY2.41%
OCF(TTM)3.56
OCFY6.84%
SpS21
BVpS16.4
TBVpS15.48
PEG (NY)2.14
PEG (5Y)0.33
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 | 5.57 |
F-Score5
WACC9.09%
ROIC/WACC2.2
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.
What is the valuation status of TECNOGLASS INC (TGLS) stock?
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.
What is the financial health of TECNOGLASS INC (TGLS) stock?
The financial health rating of TECNOGLASS INC (TGLS) is 7 / 10.
How sustainable is the dividend of TECNOGLASS INC (TGLS) stock?
The dividend rating of TECNOGLASS INC (TGLS) is 5 / 10 and the dividend payout ratio is 14.58%.