Logo image of TPIC

TPI COMPOSITES INC (TPIC) Stock Fundamental Analysis

NASDAQ:TPIC - Nasdaq - US87266J1043 - Common Stock - Currency: USD

1.455  0 (-0.34%)

After market: 1.4998 +0.04 (+3.08%)

Fundamental Rating

1

Overall TPIC gets a fundamental rating of 1 out of 10. We evaluated TPIC against 93 industry peers in the Electrical Equipment industry. TPIC may be in some trouble as it scores bad on both profitability and health. TPIC does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

Quickly go to:

0

1. Profitability

1.1 Basic Checks

In the past year TPIC has reported negative net income.
In the past year TPIC has reported a negative cash flow from operations.
In the past 5 years TPIC always reported negative net income.
TPIC had negative operating cash flow in 4 of the past 5 years.
TPIC Yearly Net Income VS EBIT VS OCF VS FCFTPIC Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 50M -50M -100M -150M

1.2 Ratios

TPIC's Return On Assets of -23.82% is in line compared to the rest of the industry. TPIC outperforms 43.48% of its industry peers.
Industry RankSector Rank
ROA -23.82%
ROE N/A
ROIC N/A
ROA(3y)-17.14%
ROA(5y)-11.06%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
TPIC Yearly ROA, ROE, ROICTPIC Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 50 100

1.3 Margins

The Profit Margin and Operating Margin and Gross Margin are not available for TPIC so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
TPIC Yearly Profit, Operating, Gross MarginsTPIC Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 5 -5 10 -10

More info and screens

1

2. Health

2.1 Basic Checks

TPIC does not have a ROIC to compare to the WACC, probably because it is not profitable.
TPIC has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
TPIC Yearly Shares OutstandingTPIC Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 10M 20M 30M 40M
TPIC Yearly Total Debt VS Total AssetsTPIC Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 200M 400M 600M 800M 1B

2.2 Solvency

Based on the Altman-Z score of -0.14, we must say that TPIC is in the distress zone and has some risk of bankruptcy.
TPIC has a Altman-Z score (-0.14) which is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF N/A
Altman-Z -0.14
ROIC/WACCN/A
WACC4.06%
TPIC Yearly LT Debt VS Equity VS FCFTPIC Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 100M -100M 200M 300M 400M

2.3 Liquidity

A Current Ratio of 0.95 indicates that TPIC may have some problems paying its short term obligations.
TPIC has a worse Current ratio (0.95) than 80.43% of its industry peers.
A Quick Ratio of 0.94 indicates that TPIC may have some problems paying its short term obligations.
TPIC has a worse Quick ratio (0.94) than 63.04% of its industry peers.
Industry RankSector Rank
Current Ratio 0.95
Quick Ratio 0.94
TPIC Yearly Current Assets VS Current LiabilitesTPIC Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 200M 400M 600M

More info and screens

3

3. Growth

3.1 Past

TPIC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -16.51%.
EPS 1Y (TTM)-16.51%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-361.29%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%16.68%

3.2 Future

Based on estimates for the next years, TPIC will show a very strong growth in Earnings Per Share. The EPS will grow by 38.84% on average per year.
The Revenue is expected to grow by 13.59% on average over the next years. This is quite good.
EPS Next Y79.96%
EPS Next 2Y38.84%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year15.14%
Revenue Next 2Y13.64%
Revenue Next 3Y18.65%
Revenue Next 5Y13.59%

3.3 Evolution

TPIC Yearly Revenue VS EstimatesTPIC Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 500M 1B 1.5B 2B 2.5B
TPIC Yearly EPS VS EstimatesTPIC Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 -2 -4

More info and screens

1

4. Valuation

4.1 Price/Earnings Ratio

TPIC reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Also next year TPIC is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
TPIC Price Earnings VS Forward Price EarningsTPIC Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 20

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
TPIC Per share dataTPIC EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20

4.3 Compensation for Growth

TPIC's earnings are expected to grow with 38.84% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y38.84%
EPS Next 3YN/A

More info and screens

0

5. Dividend

5.1 Amount

TPIC does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

TPI COMPOSITES INC

NASDAQ:TPIC (2/21/2025, 8:00:01 PM)

After market: 1.4998 +0.04 (+3.08%)

1.455

0 (-0.34%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)02-20 2025-02-20/amc
Earnings (Next)04-30 2025-04-30/amc
Inst Owners74.41%
Inst Owner Change-12.97%
Ins Owners7.25%
Ins Owner Change0.23%
Market Cap69.20M
Analysts71.76
Price Target3.41 (134.36%)
Short Float %17.84%
Short Ratio3.88
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-323.86%
Min EPS beat(2)-453.63%
Max EPS beat(2)-194.08%
EPS beat(4)1
Avg EPS beat(4)-146.4%
Min EPS beat(4)-453.63%
Max EPS beat(4)134.55%
EPS beat(8)1
Avg EPS beat(8)-133.38%
EPS beat(12)2
Avg EPS beat(12)-95.11%
EPS beat(16)4
Avg EPS beat(16)-303%
Revenue beat(2)1
Avg Revenue beat(2)-0.74%
Min Revenue beat(2)-2.94%
Max Revenue beat(2)1.47%
Revenue beat(4)1
Avg Revenue beat(4)-4.4%
Min Revenue beat(4)-15.1%
Max Revenue beat(4)1.47%
Revenue beat(8)2
Avg Revenue beat(8)-8.85%
Revenue beat(12)2
Avg Revenue beat(12)-15.07%
Revenue beat(16)2
Avg Revenue beat(16)-18.76%
PT rev (1m)-12.66%
PT rev (3m)-35.58%
EPS NQ rev (1m)5.7%
EPS NQ rev (3m)-1301.21%
EPS NY rev (1m)1.77%
EPS NY rev (3m)-29.87%
Revenue NQ rev (1m)-0.36%
Revenue NQ rev (3m)-1.87%
Revenue NY rev (1m)-0.22%
Revenue NY rev (3m)0.88%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.05
P/FCF N/A
P/OCF N/A
P/B N/A
P/tB N/A
EV/EBITDA N/A
EPS(TTM)-4.87
EYN/A
EPS(NY)-0.98
Fwd EYN/A
FCF(TTM)-2.36
FCFYN/A
OCF(TTM)-1.47
OCFYN/A
SpS26.95
BVpS-6.77
TBVpS-6.77
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -23.82%
ROE N/A
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM N/A
ROA(3y)-17.14%
ROA(5y)-11.06%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover1.7
Health
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 129.98%
Cap/Sales 3.31%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 0.95
Quick Ratio 0.94
Altman-Z -0.14
F-Score4
WACC4.06%
ROIC/WACCN/A
Cap/Depr(3y)68.32%
Cap/Depr(5y)106.01%
Cap/Sales(3y)2.08%
Cap/Sales(5y)3.43%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-16.51%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-361.29%
EPS Next Y79.96%
EPS Next 2Y38.84%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%16.68%
Revenue Next Year15.14%
Revenue Next 2Y13.64%
Revenue Next 3Y18.65%
Revenue Next 5Y13.59%
EBIT growth 1Y-8.15%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year80.12%
EBIT Next 3Y39.4%
EBIT Next 5Y23.57%
FCF growth 1Y-11.31%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y15.15%
OCF growth 3YN/A
OCF growth 5YN/A