TECNOGLASS INC (TGLS) Stock Fundamental Analysis
USA - NYSE:TGLS - KYG872641009 - Common Stock
44.91 USD
-1.64 (-3.52%)
44.75 USD
-0.16 (-0.36%)
Overall TGLS gets a fundamental rating of 7 out of 10. We evaluated TGLS against 41 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 is valued quite cheap, while showing a decent growth score. This is a good combination! These ratings could make TGLS a good candidate for value and quality investing.
1. Profitability
1.1 Basic Checks
In the past year TGLS was profitable.
TGLS had a positive operating cash flow in the past year.
Each year in the past 5 years TGLS has been profitable.
In the past 5 years TGLS always reported a positive cash flow from operatings.
1.2 Ratios
TGLS has a Return On Assets of 15.48%. This is amongst the best in the industry. TGLS outperforms 90.24% of its industry peers.
With a decent Return On Equity value of 24.84%, TGLS is doing good in the industry, outperforming 78.05% of the companies in the same industry.
TGLS's Return On Invested Capital of 21.04% is amongst the best of the industry. TGLS outperforms 87.80% of its industry peers.
The Average Return On Invested Capital over the past 3 years for TGLS is significantly above the industry average of 12.54%.
The 3 year average ROIC (25.80%) for TGLS is well above the current ROIC(21.04%). The reason for the recent decline needs to be investigated.
| 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
TGLS has a Profit Margin of 19.13%. This is amongst the best in the industry. TGLS outperforms 97.56% of its industry peers.
TGLS's Profit Margin has improved in the last couple of years.
TGLS has a Operating Margin of 26.72%. This is amongst the best in the industry. TGLS outperforms 100.00% of its industry peers.
In the last couple of years the Operating Margin of TGLS has grown nicely.
Looking at the Gross Margin, with a value of 44.74%, TGLS belongs to the top of the industry, outperforming 87.80% of the companies in the same industry.
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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), 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 5.52 indicates that TGLS is not in any danger for bankruptcy at the moment.
TGLS's Altman-Z score of 5.52 is fine compared to the rest of the industry. TGLS outperforms 73.17% 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.
TGLS has a better Debt to FCF ratio (1.99) than 70.73% of its industry peers.
TGLS has a Debt/Equity ratio of 0.15. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.15, TGLS is doing good in the industry, outperforming 75.61% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 1.99 | ||
| Altman-Z | 5.52 |
ROIC/WACC2.19
WACC9.6%
2.3 Liquidity
TGLS has a Current Ratio of 2.00. This is a normal value and indicates that TGLS is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of TGLS (2.00) is comparable to the rest of the 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.
The Quick ratio of TGLS (1.44) is better than 65.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2 | ||
| Quick Ratio | 1.44 |
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.
TGLS shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 39.54% yearly.
The Revenue has been growing slightly by 6.83% in the past year.
TGLS shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 15.62% yearly.
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.
TGLS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.33% yearly.
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
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in 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
With a Price/Earnings ratio of 11.23, the valuation of TGLS can be described as very reasonable.
Based on the Price/Earnings ratio, TGLS is valued cheaper than 80.49% of the companies in the same industry.
TGLS is valuated cheaply when we compare the Price/Earnings ratio to 26.34, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 9.24, which indicates a very decent 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 82.93% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of TGLS to the average of the S&P500 Index (34.43), we can say TGLS is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.23 | ||
| Fwd PE | 9.24 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TGLS indicates a rather cheap valuation: TGLS is cheaper than 85.37% of the companies listed in the same industry.
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 60.98% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 38.52 | ||
| EV/EBITDA | 7.55 |
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.
TGLS has an outstanding profitability rating, which 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
With a Yearly Dividend Yield of 1.30%, TGLS has a reasonable but not impressive dividend return.
In the last 3 months the price of TGLS has falen by -38.58%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
TGLS's Dividend Yield is a higher than the industry average which is at 1.32.
With a Dividend Yield of 1.30, TGLS pays less dividend than the S&P500 average, which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.3% |
5.2 History
On average, the dividend of TGLS grows each year by 27.74%, which is quite nice.
TGLS has paid a dividend for at least 10 years, which is 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 13.36% 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.
DP13.36%
EPS Next 2Y15.41%
EPS Next 3Y12.32%
44.91
-1.64 (-3.52%)
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 (106.12%)
Short Float %5.46%
Short Ratio3.96
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.3% |
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 | 11.23 | ||
| Fwd PE | 9.24 | ||
| P/S | 2.21 | ||
| P/FCF | 38.52 | ||
| P/OCF | 12.61 | ||
| P/B | 2.87 | ||
| P/tB | 3.04 | ||
| EV/EBITDA | 7.55 |
EPS(TTM)4
EY8.91%
EPS(NY)4.86
Fwd EY10.82%
FCF(TTM)1.17
FCFY2.6%
OCF(TTM)3.56
OCFY7.93%
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 | 5.52 |
F-Score5
WACC9.6%
ROIC/WACC2.19
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 11.23 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%.