Tecnoglass (TGLS) AI Stock Analysis

• Market Cap: $3.36B
• Dividend Yield: 0.73%
• Average Volume (3M): 301.72K
• Price to Earnings (P/E): 21.6
• Beta (1Y): 1.62
• Revenue Growth: 11.73%
• EPS Growth: 6.58%
• Country: US
• Employees: 9,837
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Construction Materials
• EPS (TTM): 0.92
• Shares Outstanding: 46,991,558
• 10 Day Avg. Volume: 240,590
• 30 Day Avg. Volume: 301,716
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 1.10
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: 9.74
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $91.50
• Price Target Upside: 11.59% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

Tecnoglass is well-positioned with strong financials and a positive earnings outlook, driven by revenue growth and strategic acquisitions. However, valuation concerns and nearing overbought technical indicators present cautionary notes. The company’s ability to manage liabilities and mitigate tariff impacts will be key to sustaining growth.

Positive Factors

Financial Performance

Q3 EBITDA was ahead of the Street's expectations, and management raised the midpoints of its 2024 outlook.

Future Growth

Tecnoglass' backlog continues to grow, supporting future commercial growth, while it still expects $5-10m monthly contribution from residential vinyl in 2025, and further geographic expansion opportunities.

Negative Factors

Market Volatility

Acknowledge expectations were high and review conclusion could create some volatility.

Tecnoglass Business Overview & Revenue Model

Company Description

Tecnoglass Inc., through its subsidiaries, designs, produces, markets, and installs architectural systems for the commercial and residential construction industries in Colombia, the United States, Panama, and internationally. The company offers low emissivity, laminated/thermo-laminated, thermo-acoustic, tempered, silk-screened, curved, and digital print glass products. It also provides aluminum products, including bars, plates, profiles, rods, and tubes that are used in the manufacture of architectural glass settings, such as windows, doors, spatial separators, and related products. In addition, the company offers curtain wall/floating facades, windows and doors, interior dividers and commercial display windows, hurricane-proof windows, and stick facade systems; and other products comprising awnings, structures, automatic doors, and other components of architectural systems. It markets and sells its products primarily under the Tecnoglass, ESWindows, and Alutions brands through internal and independent sales representatives, as wells as directly to distributors. The company was founded in 1984 and is headquartered in Barranquilla, Colombia. Tecnoglass Inc. is a subsidiary of Energy Holding Corporation.

How the Company Makes Money

Tecnoglass generates revenue predominantly through the sale of its architectural glass and aluminum products. The company's revenue streams are mainly derived from its operations in the construction industry, where it supplies both residential and commercial projects. Tecnoglass benefits from its strategic relationships with major construction and real estate companies, which help secure large-scale projects. Additionally, the company's vertically integrated structure allows for cost efficiencies and competitive pricing, enhancing its profitability. By leveraging its manufacturing capabilities and distribution network, Tecnoglass effectively captures market share in North and South America, contributing to its revenue growth.

Tecnoglass Financial Statement Overview

Summary

Tecnoglass exhibits a strong financial position with substantial revenue and profit growth. The company effectively manages its equity and leverage, though high liabilities remain a concern. Cash flows are strong but financing activities may present challenges.

Income Statement

Tecnoglass has demonstrated strong revenue growth, with a substantial increase in total revenue over the years. The gross profit margin is robust, indicating effective cost management, and the company maintains a healthy net profit margin. However, the slight decline in EBIT and EBITDA margins from 2023 to 2024 suggests potential pressure on operational efficiencies.

Balance Sheet

The company has a solid equity base with a consistently improving equity ratio, indicating strong financial stability. The debt-to-equity ratio has improved over time, reflecting a reduction in leverage. However, the high total liabilities relative to earlier years present a risk that needs monitoring. ROE is strong, showcasing effective use of equity to generate profits.

Cash Flow

Tecnoglass shows a positive trajectory in operating cash flows, indicating strong cash generation capability. The free cash flow growth rate has been impressive from 2023 to 2024, reflecting effective capital management. The operating cash flow to net income ratio indicates efficient conversion of profits into cash. However, the substantial negative cash flow from financing activities suggests potential challenges in managing financial obligations.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
890.18M	833.26M	716.57M	496.79M	374.92M
	Gross Profit
379.97M	390.93M	349.50M	202.58M	139.25M
	EBIT
227.00M	259.76M	226.41M	116.98M	66.12M
	EBITDA
259.06M	289.44M	253.32M	136.60M	77.68M
	Net Income Common Stockholders
161.31M	182.88M	155.74M	68.15M	23.88M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
134.88M	132.41M	105.72M	86.99M	69.29M
	Total Assets
1.02B	962.72M	734.31M	591.56M	532.02M
	Total Debt
109.31M	170.01M	169.48M	199.06M	224.49M
	Net Debt
-25.57M	40.50M	65.81M	114.04M	157.59M
	Total Liabilities
385.46M	414.70M	383.98M	346.87M	319.06M
	Stockholders Equity
631.18M	548.02M	348.82M	243.86M	212.38M
Cash Flow		Free Cash Flow
90.97M	60.87M	70.59M	65.74M	53.11M
	Operating Cash Flow
170.53M	138.83M	141.92M	117.25M	71.43M
	Investing Cash Flow
-77.29M	-76.02M	-72.58M	-50.76M	-18.06M
	Financing Cash Flow
-84.55M	-42.77M	-44.80M	-43.79M	-33.54M

Tecnoglass Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 82.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TGLS, the sentiment is Positive. The current price of 82 is above the 20-day moving average (MA) of 71.93, above the 50-day MA of 70.42, and above the 200-day MA of 70.72, indicating a bullish trend. The MACD of 2.07 indicates Negative momentum. The RSI at 69.38 is Neutral, neither overbought nor oversold. The STOCH value of 75.17 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TGLS.

Tecnoglass Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
USLM	78 Outperform	$2.82B	23.72	25.44%	0.21%	17.83%	50.28%
TGLS	77 Outperform	$3.36B	21.63	27.36%	0.73%	11.73%	6.58%
SXT	74 Outperform	$4.02B	31.01	11.87%	1.74%	6.30%	41.01%
AVNT	69 Neutral	$3.25B	31.44	4.32%	2.83%	3.58%	-5.17%
HL	59 Neutral	$3.12B	43.11	3.49%	0.76%	41.04%	―
SMG	50 Neutral	$3.15B	113.09	4.98%	4.90%	0.75%	―
Sector *	49 Neutral	$1.94B	-1.23	-21.28%	3.73%	1.19%	-29.73%

Tecnoglass Corporate Events

Tecnoglass Recognized as Fastest-Growing Company by Fortune

Tecnoglass Inc., a top producer of high-end windows and architectural glass, has been named the 27th fastest-growing company in the U.S. by Fortune Magazine, driven by remarkable revenue and EPS growth from 2021 to 2024. This recognition underscores Tecnoglass’s strategic initiatives, innovation, and market strength, solidifying its position in the residential and commercial sectors, while generating impressive shareholder returns.