TECNOGLASS INC (TGLS) Stock Fundamental Analysis
USA - NYSE:TGLS - KYG872641009 - Common Stock
44.94 USD
+0.03 (+0.07%)
44.94 USD
0 (0%)
Taking everything into account, TGLS scores 7 out of 10 in our fundamental rating. TGLS was compared to 41 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 may be a bit undervalued, certainly considering the very reasonable score on growth With these ratings, TGLS could be worth investigating further for value and 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.
In the past 5 years TGLS has always been profitable.
In the past 5 years TGLS always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 15.48%, TGLS belongs to the best of the industry, outperforming 90.24% of the companies in the same industry.
TGLS has a better Return On Equity (24.84%) than 78.05% of its industry peers.
TGLS has a better Return On Invested Capital (21.04%) than 87.80% of its industry peers.
TGLS had an Average Return On Invested Capital over the past 3 years of 25.80%. This is significantly above the industry average of 12.54%.
The last Return On Invested Capital (21.04%) 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 | 15.48% | ||
| ROE | 24.84% | ||
| ROIC | 21.04% |
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 19.13%, TGLS belongs to the top of the industry, outperforming 97.56% 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 (26.72%) than 100.00% of its industry peers.
In the last couple of years the Operating Margin of TGLS has grown nicely.
TGLS's Gross Margin of 44.74% is amongst the best of the industry. TGLS outperforms 87.80% of its industry peers.
TGLS's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.72% | ||
| PM (TTM) | 19.13% | ||
| GM | 44.74% |
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.
The number of shares outstanding for TGLS remains at a similar level compared to 1 year ago.
Compared to 5 years ago, TGLS has more shares outstanding
TGLS has a better debt/assets ratio than last year.
2.2 Solvency
TGLS has an Altman-Z score of 5.42. This indicates that TGLS is financially healthy and has little risk of bankruptcy at the moment.
TGLS's Altman-Z score of 5.42 is fine compared to the rest of the industry. TGLS outperforms 70.73% of its industry peers.
TGLS has a debt to FCF ratio of 1.99. This is a very positive value and a sign of high solvency as it would only need 1.99 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.99, TGLS is in the better half of the industry, outperforming 70.73% of the companies in the same industry.
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 75.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 1.99 | ||
| Altman-Z | 5.42 |
ROIC/WACC2.18
WACC9.66%
2.3 Liquidity
A Current Ratio of 2.00 indicates that TGLS should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 2.00, TGLS is in line with its industry, outperforming 58.54% of the companies in the same industry.
TGLS has a Quick Ratio of 1.44. 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 better Quick ratio (1.44) than 65.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2 | ||
| Quick Ratio | 1.44 |
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
The Revenue has been growing slightly by 6.83% in the past year.
The Revenue has been growing by 15.62% on average over the past years. This is quite good.
EPS 1Y (TTM)17.65%
EPS 3Y28.76%
EPS 5Y39.54%
EPS Q2Q%-7.41%
Revenue 1Y (TTM)6.83%
Revenue growth 3Y21.46%
Revenue growth 5Y15.62%
Sales Q2Q%9.29%
3.2 Future
TGLS is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.29% yearly.
The Revenue is expected to grow by 7.33% on average over the next years.
EPS Next Y16.03%
EPS Next 2Y15.41%
EPS Next 3Y12.32%
EPS Next 5Y10.29%
Revenue Next Year12.6%
Revenue Next 2Y11.87%
Revenue Next 3Y8.89%
Revenue Next 5Y7.33%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past 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
Based on the Price/Earnings ratio of 11.23, the valuation of TGLS can be described as reasonable.
Based on the Price/Earnings ratio, TGLS is valued cheaply inside the industry as 82.93% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 25.89. TGLS is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 9.24 indicates a reasonable valuation of TGLS.
Based on the Price/Forward Earnings ratio, TGLS is valued cheaply inside the industry as 82.93% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.59, TGLS is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.24 | ||
| Fwd PE | 9.24 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TGLS is valued cheaper than 85.37% 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 60.98% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 38.54 | ||
| EV/EBITDA | 7.27 |
4.3 Compensation for Growth
TGLS's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The excellent profitability rating of TGLS may justify a higher PE ratio.
A more expensive valuation may be justified as TGLS's earnings are expected to grow with 12.32% in the coming years.
PEG (NY)0.7
PEG (5Y)0.28
EPS Next 2Y15.41%
EPS Next 3Y12.32%
5. Dividend
5.1 Amount
TGLS has a Yearly Dividend Yield of 1.29%. Purely for dividend investing, there may be better candidates out there.
The stock price of TGLS dropped by -38.54% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 1.33, TGLS pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.36, TGLS's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.29% |
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
13.36% of the earnings are spent on dividend by TGLS. This is a low number and sustainable payout ratio.
The dividend of TGLS is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP13.36%
EPS Next 2Y15.41%
EPS Next 3Y12.32%
44.94
+0.03 (+0.07%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryBuilding Products
Earnings (Last)
Earnings (Next)
Inst Owners53.61%
Inst Owner Change-2.38%
Ins Owners0%
Ins Owner Change-7.09%
Market Cap2.11B
Revenue(TTM)890.18M
Net Income(TTM)182.82M
Analysts82
Price Target92.57 (105.99%)
Short Float %5.46%
Short Ratio3.96
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.29% |
Yearly Dividend0.42
Dividend Growth(5Y)27.74%
DP13.36%
Div Incr Years4
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.63%
Min EPS beat(2)5.41%
Max EPS beat(2)9.86%
EPS beat(4)4
Avg EPS beat(4)5.46%
Min EPS beat(4)0.68%
Max EPS beat(4)9.86%
EPS beat(8)6
Avg EPS beat(8)2.85%
EPS beat(12)10
Avg EPS beat(12)7.98%
EPS beat(16)14
Avg EPS beat(16)10.75%
Revenue beat(2)2
Avg Revenue beat(2)1.89%
Min Revenue beat(2)1.59%
Max Revenue beat(2)2.18%
Revenue beat(4)2
Avg Revenue beat(4)-0.21%
Min Revenue beat(4)-2.72%
Max Revenue beat(4)2.18%
Revenue beat(8)2
Avg Revenue beat(8)-1.1%
Revenue beat(12)6
Avg Revenue beat(12)1.66%
Revenue beat(16)9
Avg Revenue beat(16)2.57%
PT rev (1m)-4.22%
PT rev (3m)-4.22%
EPS NQ rev (1m)-0.54%
EPS NQ rev (3m)-3.48%
EPS NY rev (1m)-0.24%
EPS NY rev (3m)-0.53%
Revenue NQ rev (1m)-0.28%
Revenue NQ rev (3m)-0.37%
Revenue NY rev (1m)-0.1%
Revenue NY rev (3m)0.59%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.24 | ||
| Fwd PE | 9.24 | ||
| P/S | 2.21 | ||
| P/FCF | 38.54 | ||
| P/OCF | 12.62 | ||
| P/B | 2.87 | ||
| P/tB | 3.05 | ||
| EV/EBITDA | 7.27 |
EPS(TTM)4
EY8.9%
EPS(NY)4.86
Fwd EY10.82%
FCF(TTM)1.17
FCFY2.59%
OCF(TTM)3.56
OCFY7.92%
SpS20.34
BVpS15.66
TBVpS14.75
PEG (NY)0.7
PEG (5Y)0.28
Graham Number37.55
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.48% | ||
| ROE | 24.84% | ||
| ROCE | 29.67% | ||
| ROIC | 21.04% | ||
| ROICexc | 25.16% | ||
| ROICexgc | 26.76% | ||
| OM | 26.72% | ||
| PM (TTM) | 19.13% | ||
| GM | 44.74% | ||
| FCFM | 5.73% |
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 Turnover0.81
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 1.99 | ||
| Debt/EBITDA | 0.38 | ||
| Cap/Depr | 375.65% | ||
| Cap/Sales | 11.77% | ||
| Interest Coverage | 32.91 | ||
| Cash Conversion | 58.63% | ||
| Profit Quality | 29.97% | ||
| Current Ratio | 2 | ||
| Quick Ratio | 1.44 | ||
| Altman-Z | 5.42 |
F-Score5
WACC9.66%
ROIC/WACC2.18
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 Y16.03%
EPS Next 2Y15.41%
EPS Next 3Y12.32%
EPS Next 5Y10.29%
Revenue 1Y (TTM)6.83%
Revenue growth 3Y21.46%
Revenue growth 5Y15.62%
Sales Q2Q%9.29%
Revenue Next Year12.6%
Revenue Next 2Y11.87%
Revenue Next 3Y8.89%
Revenue Next 5Y7.33%
EBIT growth 1Y25.45%
EBIT growth 3Y24.72%
EBIT growth 5Y31.02%
EBIT Next Year39.01%
EBIT Next 3Y16.88%
EBIT Next 5Y12.33%
FCF growth 1Y39.77%
FCF growth 3Y11.4%
FCF growth 5Y164.7%
OCF growth 1Y37.01%
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 7 / 10 to TECNOGLASS INC (TGLS). This can be considered as Undervalued.
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 11.24 and the Price/Book (PB) ratio is 2.87.
Is the dividend of TECNOGLASS INC sustainable?
The dividend rating of TECNOGLASS INC (TGLS) is 5 / 10 and the dividend payout ratio is 13.36%.