TPI COMPOSITES INC (TPIC) Stock Fundamental Analysis
NASDAQ:TPIC - Nasdaq - US87266J1043 - Common Stock - Currency: USD
We assign a fundamental rating of 2 out of 10 to TPIC. TPIC was compared to 95 industry peers in the Electrical Equipment industry. TPIC may be in some trouble as it scores bad on both profitability and health. TPIC is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
TPIC had negative earnings in the past year.
In the past year TPIC had a positive cash flow from operations.
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.
1.2 Ratios
TPIC has a worse Return On Assets (-34.14%) than 63.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -34.14% | ||
| 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
1.3 Margins
The Profit Margin and Operating Margin and Gross Margin are not available for TPIC so they could not be analyzed.
| Industry Rank | Sector 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
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 more shares outstanding than it did 1 year ago.
Compared to 5 years ago, TPIC has more shares outstanding
The debt/assets ratio for TPIC is higher compared to a year ago.
2.2 Solvency
TPIC has an Altman-Z score of -0.06. This is a bad value and indicates that TPIC is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of -0.06, TPIC perfoms like the industry average, outperforming 48.42% of the companies in the same industry.
TPIC has a debt to FCF ratio of 19.44. This is a negative value and a sign of low solvency as TPIC would need 19.44 years to pay back of all of its debts.
TPIC has a better Debt to FCF ratio (19.44) than 62.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 19.44 | ||
| Altman-Z | -0.06 |
ROIC/WACCN/A
WACC2.67%
2.3 Liquidity
A Current Ratio of 0.88 indicates that TPIC may have some problems paying its short term obligations.
With a Current ratio value of 0.88, TPIC is not doing good in the industry: 80.00% of the companies in the same industry are doing better.
A Quick Ratio of 0.88 indicates that TPIC may have some problems paying its short term obligations.
The Quick ratio of TPIC (0.88) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.88 | ||
| Quick Ratio | 0.88 |
3. Growth
3.1 Past
TPIC shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -3.91%.
TPIC shows a small growth in Revenue. In the last year, the Revenue has grown by 2.08%.
The Revenue has been decreasing by -1.51% on average over the past years.
EPS 1Y (TTM)-3.91%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%22.31%
Revenue 1Y (TTM)2.08%
Revenue growth 3Y-3.31%
Revenue growth 5Y-1.51%
Sales Q2Q%12.4%
3.2 Future
TPIC is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 29.06% yearly.
Based on estimates for the next years, TPIC will show a small growth in Revenue. The Revenue will grow by 7.41% on average per year.
EPS Next Y59.68%
EPS Next 2Y40.38%
EPS Next 3Y29.06%
EPS Next 5YN/A
Revenue Next Year5.58%
Revenue Next 2Y6.8%
Revenue Next 3Y8.9%
Revenue Next 5Y7.41%
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for TPIC. In the last year negative earnings were reported.
Also next year TPIC is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
98.95% of the companies in the same industry are more expensive than TPIC, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.98 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
TPIC's earnings are expected to grow with 29.06% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y40.38%
EPS Next 3Y29.06%
5. Dividend
5.1 Amount
TPIC does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
1.29
-0.07 (-5.15%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners63.18%
Inst Owner Change-12.62%
Ins Owners7.38%
Ins Owner Change0.68%
Market Cap62.76M
Analysts70.67
Price Target2.44 (89.15%)
Short Float %22.16%
Short Ratio11.95
Dividend
| Industry Rank | Sector 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)-128.02%
Min EPS beat(2)-184.72%
Max EPS beat(2)-71.31%
EPS beat(4)0
Avg EPS beat(4)-225.94%
Min EPS beat(4)-453.63%
Max EPS beat(4)-71.31%
EPS beat(8)1
Avg EPS beat(8)-137.76%
EPS beat(12)1
Avg EPS beat(12)-114.82%
EPS beat(16)2
Avg EPS beat(16)-324.21%
Revenue beat(2)1
Avg Revenue beat(2)-0.55%
Min Revenue beat(2)-6.76%
Max Revenue beat(2)5.65%
Revenue beat(4)2
Avg Revenue beat(4)-0.65%
Min Revenue beat(4)-6.76%
Max Revenue beat(4)5.65%
Revenue beat(8)2
Avg Revenue beat(8)-3.37%
Revenue beat(12)3
Avg Revenue beat(12)-8.43%
Revenue beat(16)3
Avg Revenue beat(16)-11.53%
PT rev (1m)4.31%
PT rev (3m)-28.49%
EPS NQ rev (1m)-50.63%
EPS NQ rev (3m)-82.68%
EPS NY rev (1m)-49.55%
EPS NY rev (3m)-109.48%
Revenue NQ rev (1m)-1.77%
Revenue NQ rev (3m)-5.16%
Revenue NY rev (1m)0.55%
Revenue NY rev (3m)-8.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 0.05 | ||
| P/FCF | 1.98 | ||
| P/OCF | 1.12 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | N/A |
EPS(TTM)-4.78
EYN/A
EPS(NY)-0.15
Fwd EYN/A
FCF(TTM)0.65
FCFY50.51%
OCF(TTM)1.15
OCFY89.43%
SpS28.23
BVpS-8.65
TBVpS-8.65
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -34.14% | ||
| 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 | 2.31% |
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 Turnover2.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 19.44 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 85.8% | ||
| Cap/Sales | 1.78% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.88 | ||
| Quick Ratio | 0.88 | ||
| Altman-Z | -0.06 |
F-Score5
WACC2.67%
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)-3.91%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%22.31%
EPS Next Y59.68%
EPS Next 2Y40.38%
EPS Next 3Y29.06%
EPS Next 5YN/A
Revenue 1Y (TTM)2.08%
Revenue growth 3Y-3.31%
Revenue growth 5Y-1.51%
Sales Q2Q%12.4%
Revenue Next Year5.58%
Revenue Next 2Y6.8%
Revenue Next 3Y8.9%
Revenue Next 5Y7.41%
EBIT growth 1Y61.8%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year123.05%
EBIT Next 3Y58.03%
EBIT Next 5Y26.71%
FCF growth 1Y138.81%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y186.24%
OCF growth 3YN/A
OCF growth 5Y-26.2%