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TPI COMPOSITES INC (TPIC) Stock Fundamental Analysis

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

0.7453  +0.02 (+2.79%)

After market: 0.7453 0 (0%)

Fundamental Rating

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We assign a fundamental rating of 1 out of 10 to TPIC. TPIC was compared to 97 industry peers in the Electrical Equipment industry. TPIC has a bad profitability rating. Also its financial health evaluation is rather negative. TPIC does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

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1. Profitability

1.1 Basic Checks

In the past year TPIC has reported negative net income.
TPIC had a positive operating cash flow in the past year.
In the past 5 years TPIC always reported negative net income.
In multiple years TPIC reported negative operating cash flow during the last 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 2024 0 -100M -200M

1.2 Ratios

TPIC has a Return On Assets of -34.76%. This is in the lower half of the industry: TPIC underperforms 64.95% of its industry peers.
Industry RankSector Rank
ROA -34.76%
ROE N/A
ROIC N/A
ROA(3y)-23.25%
ROA(5y)-17.64%
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 2024 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 2024 0 5 -5 10 -10 -15

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2. Health

2.1 Basic Checks

TPIC does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, TPIC has more shares outstanding
TPIC has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, TPIC has a worse debt to assets ratio.
TPIC Yearly Shares OutstandingTPIC Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 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 2024 200M 400M 600M 800M 1B

2.2 Solvency

Based on the Altman-Z score of -0.06, we must say that TPIC is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of TPIC (-0.06) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF N/A
Altman-Z -0.06
ROIC/WACCN/A
WACC2.37%
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 2024 0 200M -200M 400M

2.3 Liquidity

TPIC has a Current Ratio of 0.94. This is a bad value and indicates that TPIC is not financially healthy enough and could expect problems in meeting its short term obligations.
TPIC's Current ratio of 0.94 is on the low side compared to the rest of the industry. TPIC is outperformed by 78.35% of its industry peers.
TPIC has a Quick Ratio of 0.94. This is a bad value and indicates that TPIC is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of TPIC (0.93) is worse than 63.92% of its industry peers.
Industry RankSector Rank
Current Ratio 0.94
Quick Ratio 0.93
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 2024 200M 400M 600M

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3. Growth

3.1 Past

TPIC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -21.29%.
Looking at the last year, TPIC shows a decrease in Revenue. The Revenue has decreased by -8.53% in the last year.
TPIC shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -1.51% yearly.
EPS 1Y (TTM)-21.29%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-425.81%
Revenue 1Y (TTM)-8.53%
Revenue growth 3Y-3.31%
Revenue growth 5Y-1.51%
Sales Q2Q%16.67%

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 28.94% on average per year.
TPIC is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.41% yearly.
EPS Next Y73.04%
EPS Next 2Y37.72%
EPS Next 3Y28.94%
EPS Next 5YN/A
Revenue Next Year5.07%
Revenue Next 2Y7.31%
Revenue Next 3Y8.01%
Revenue Next 5Y7.41%

3.3 Evolution

The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
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
TPIC Yearly EPS VS EstimatesTPIC Yearly EPS VS EstimatesYearly EPS VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 -2 -4

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4. Valuation

4.1 Price/Earnings Ratio

TPIC reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for TPIC. No positive earnings are expected for the next year.
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 5 10 15 20 25

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

A more expensive valuation may be justified as TPIC's earnings are expected to grow with 28.94% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y37.72%
EPS Next 3Y28.94%

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5. Dividend

5.1 Amount

No dividends for TPIC!.
Industry RankSector Rank
Dividend Yield N/A

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TPI COMPOSITES INC

NASDAQ:TPIC (4/21/2025, 4:30:01 PM)

After market: 0.7453 0 (0%)

0.7453

+0.02 (+2.79%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)02-20 2025-02-20/amc
Earnings (Next)05-08 2025-05-08/amc
Inst Owners63.18%
Inst Owner Change0.3%
Ins Owners7.38%
Ins Owner Change0.74%
Market Cap35.48M
Analysts53.33
Price Target2.33 (212.63%)
Short Float %25.09%
Short Ratio8.22
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)-319.18%
Min EPS beat(2)-453.63%
Max EPS beat(2)-184.72%
EPS beat(4)0
Avg EPS beat(4)-226.22%
Min EPS beat(4)-453.63%
Max EPS beat(4)-72.43%
EPS beat(8)1
Avg EPS beat(8)-144.32%
EPS beat(12)2
Avg EPS beat(12)-107.22%
EPS beat(16)3
Avg EPS beat(16)-315.23%
Revenue beat(2)1
Avg Revenue beat(2)-2.65%
Min Revenue beat(2)-6.76%
Max Revenue beat(2)1.47%
Revenue beat(4)1
Avg Revenue beat(4)-2.32%
Min Revenue beat(4)-6.76%
Max Revenue beat(4)1.47%
Revenue beat(8)2
Avg Revenue beat(8)-3.49%
Revenue beat(12)2
Avg Revenue beat(12)-10.04%
Revenue beat(16)2
Avg Revenue beat(16)-12.1%
PT rev (1m)-8.04%
PT rev (3m)-40.12%
EPS NQ rev (1m)-1.4%
EPS NQ rev (3m)-94.68%
EPS NY rev (1m)-40.07%
EPS NY rev (3m)-75.01%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-16.09%
Revenue NY rev (1m)-0.14%
Revenue NY rev (3m)-10.27%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.03
P/FCF N/A
P/OCF 2.84
P/B N/A
P/tB N/A
EV/EBITDA N/A
EPS(TTM)-5.07
EYN/A
EPS(NY)-1.37
Fwd EYN/A
FCF(TTM)-0.29
FCFYN/A
OCF(TTM)0.26
OCFY35.22%
SpS27.96
BVpS-7.84
TBVpS-7.91
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -34.76%
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)-23.25%
ROA(5y)-17.64%
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-Score5
Asset Turnover1.92
Health
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 85.96%
Cap/Sales 1.97%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 0.94
Quick Ratio 0.93
Altman-Z -0.06
F-Score5
WACC2.37%
ROIC/WACCN/A
Cap/Depr(3y)73.44%
Cap/Depr(5y)84.63%
Cap/Sales(3y)1.91%
Cap/Sales(5y)2.8%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-21.29%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-425.81%
EPS Next Y73.04%
EPS Next 2Y37.72%
EPS Next 3Y28.94%
EPS Next 5YN/A
Revenue 1Y (TTM)-8.53%
Revenue growth 3Y-3.31%
Revenue growth 5Y-1.51%
Sales Q2Q%16.67%
Revenue Next Year5.07%
Revenue Next 2Y7.31%
Revenue Next 3Y8.01%
Revenue Next 5Y7.41%
EBIT growth 1Y41.05%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year144.78%
EBIT Next 3Y46.57%
EBIT Next 5Y26.71%
FCF growth 1Y88.3%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y115.44%
OCF growth 3YN/A
OCF growth 5Y-26.2%