TGLS - Tecnoglass Inc Stock Price, Fair Value and News

58.68USD+1.01 (+1.75%)Market Closed

Market Summary

USD58.68+1.01

Market Closed

1.75%

TGLS Alerts

1 major insider buys recently.

TGLS Stock Price

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TGLS RSI Chart

TGLS Valuation

Market Cap

2.8B

Price/Earnings (Trailing)

15.07

Price/Sales (Trailing)

3.31

EV/EBITDA

9.46

Price/Free Cashflow

45.31

TGLS Price/Sales (Trailing)

TGLS Profitability

Operating Margin

83.68%

EBT Margin

31.37%

Return on Equity

33.39%

Return on Assets

19.01%

Free Cashflow Yield

2.21%

TGLS Fundamentals

TGLS Revenue

Revenue (TTM)

833.3M

Rev. Growth (Yr)

-7.82%

Rev. Growth (Qtr)

-7.66%

TGLS Earnings

Earnings (TTM)

183.0M

Earnings Growth (Yr)

-33.94%

Earnings Growth (Qtr)

-21.05%

Breaking Down TGLS Revenue

Last 7 days

5.8%

Last 30 days

28.1%

Last 90 days

40.1%

Trailing 12 Months

37.0%

How does TGLS drawdown profile look like?

TGLS Financial Health

Current Ratio

2.27

Debt/Equity

0.3

Debt/Cashflow

0.85

TGLS Investor Care

Buy Backs (1Y)

1.42%

Diluted EPS (TTM)

3.85

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	784.7M	840.8M	849.8M	833.3M
2022	519.8M	567.1M	637.3M	716.6M
2021	138.9M	258.2M	377.5M	496.8M
2020	411.0M	379.1M	373.9M	19.6M
2019	391.0M	415.9M	427.4M	430.9M
2018	335.8M	343.8M	357.4M	371.0M
2017	307.0M	308.1M	310.5M	314.5M
2016	254.1M	275.8M	294.0M	305.0M
2015	201.7M	207.8M	217.2M	242.2M
2014	191.5M	199.1M	207.1M	197.5M
2013	143.6M	156.8M	170.1M	183.3M
2012	0	0	0	130.3M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Tecnoglass Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 08, 2024	giraldo santiago	bought	25,036	44.47	563	chief financial officer
May 19, 2023	energy holding corp	sold	-94,449,500	41.065	-2,300,000	-
Mar 09, 2023	energy holding corp	bought	21,950,400	42.26	519,412	-
Mar 09, 2023	daes jose m	sold	-11,655,700	42.26	-275,810	chief executive officer
Mar 09, 2023	daes christian t	sold	-8,647,750	42.26	-204,632	chief operating officer
Dec 01, 2022	weil a lorne	sold	-1,058,330	30.2381	-35,000	-
Nov 09, 2022	torres julio a.	sold	-636,400	25.456	-25,000	-
Apr 12, 2022	energy holding corp	acquired	-	-	304,759	-
Nov 18, 2021	torres julio a.	sold	-983,415	32.7805	-30,000	-
Sep 02, 2021	byorum martha l	sold	-195,682	24.4602	-8,000	-

Which funds bought or sold TGLS recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 12, 2024	AdvisorNet Financial, Inc	sold off	-100	-183	-	-%
Apr 05, 2024	CWM, LLC	new	-	5,000	5,000	-%
Apr 03, 2024	WealthCollab, LLC	new	-	2,835	2,835	-%
Mar 22, 2024	PNC FINANCIAL SERVICES GROUP, INC.	reduced	-1.1	35,729	131,873	-%
Mar 21, 2024	HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND	sold off	-100	-1,845,760	-	-%
Mar 15, 2024	B. Riley Wealth Advisors, Inc.	new	-	791,424	791,424	0.02%
Mar 11, 2024	VANGUARD GROUP INC	added	6.05	4,584,110	14,321,800	-%
Mar 04, 2024	TUCKER ASSET MANAGEMENT LLC	sold off	-100	-117,733	-	-%
Mar 01, 2024	GOLDMAN SACHS GROUP INC	sold off	-100	-509,693	-	-%
Feb 26, 2024	Virtu Financial LLC	new	-	274,000	274,000	0.02%

Are Funds Buying or Selling TGLS?

Are funds buying TGLS calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own TGLS

No. of Funds

TGLS Alerts

1 major insider buys recently.

Unveiling Tecnoglass Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 09, 2024	fmr llc	-	0	SC 13G
May 26, 2023	energy holding corp	51.7%	24,628,108	SC 13D/A
Feb 04, 2022	american century investment management inc	3.78%	1,801,187	SC 13G/A
Feb 11, 2021	american century investment management inc	5.25%	2,505,078	SC 13G

Recent SEC filings of Tecnoglass Inc

View All Filings

Date Filed	Form Type	Document
Mar 11, 2024	4	Insider Trading
Feb 29, 2024	8-K	Current Report
Feb 29, 2024	10-K	Annual Report
Feb 09, 2024	SC 13G	Major Ownership Report

Peers (Alternatives to Tecnoglass Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MLM	37.0B	6.8B	0.49%	71.60%	31.69	5.47	10.01%	34.85%
VMC	34.4B	7.8B	-2.44%	53.98%	36.89	4.42	6.38%	62.13%
MID-CAP
EXP	8.6B	2.3B	0.17%	73.93%	17.19	3.82	7.73%	15.02%
BCC	5.9B	6.8B	13.36%	128.13%	12.19	0.86	-18.47%	-43.61%
TGLS	2.8B	833.3M	28.12%	36.97%	15.07	3.31	16.29%	17.39%
SMALL-CAP
USLM	1.7B	281.3M	0.73%	91.10%	22.47	5.95	19.13%	64.10%
SMID	212.1M	57.7M	0.55%	102.36%	373.48	3.68	26.32%	-30.73%

Tecnoglass Inc News

Latest updates

Tecnoglass Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-7.7%	195	211	225	203	211	202	169	135	132	132	122	112	107	103	82.00	87.00	101	108	114	107	98.00
Gross Profit	-8.3%	83.00	91.00	110	108	110	105	74.00	60.00	57.00	52.00	49.00	45.00	37.00	40.00	32.00	30.00	29.00	36.00	39.00	32.00	34.00
Operating Expenses	9.8%	32.00	30.00	35.00	34.00	33.00	35.00	28.00	26.00	24.00	22.00	20.00	20.00	20.00	20.00	17.00	17.00	19.00	20.00	21.00	18.00	37.00
S&GA Expenses	-1.2%	16.00	16.00	20.00	16.00	19.00	20.00	17.00	13.00	13.00	13.00	12.00	11.00	10.00	11.00	9.00	10.00	10.00	11.00	11.00	10.00	11.00
EBITDA Margin	-7.0%	0.35*	0.38*	0.69*	1.01*	2.16*	2.04*	2.02*	2.31*	3.09*	3.52*	3.85*	4.49*	-	-	-	-	-	-	-	-	-
Interest Expenses	3.1%	3.00	3.00	3.00	3.00	2.00	2.00	1.00	1.00	1.00	2.00	2.00	10.00	1.00	9.00	0.00	9.00	0.00	10.00	0.00	9.00	9.00
Income Taxes	-5.9%	15.00	15.00	23.00	25.00	27.00	23.00	15.00	11.00	8.00	9.00	8.00	4.00	9.00	3.00	7.00	-6.13	4.00	-0.27	4.00	5.00	-0.21
Earnings Before Taxes	-17.1%	51.00	62.00	76.00	73.00	82.00	70.00	48.00	32.00	28.00	30.00	27.00	12.00	27.00	12.00	23.00	-24.80	15.00	-1.58	12.00	12.00	-4.63
EBT Margin	-8.7%	0.31*	0.34*	0.63*	0.92*	1.94*	1.78*	1.69*	1.87*	2.24*	2.57*	2.48*	2.89*	-	-	-	-	-	-	-	-	-
Net Income	-21.0%	36.00	46.00	53.00	48.00	55.00	47.00	33.00	21.00	20.00	21.00	20.00	8.00	18.00	8.00	16.00	-18.67	11.00	-1.17	8.00	7.00	-22.36
Net Income Margin	-7.4%	0.22*	0.24*	0.43*	0.62*	1.31*	1.21*	1.17*	1.30*	1.58*	1.79*	1.73*	1.99*	-	-	-	-	-	-	-	-	-
Free Cashflow	6.0%	29.00	27.00	-22.18	28.00	25.00	9.00	19.00	18.00	5.00	19.00	19.00	23.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	2.5%	963	939	892	819	734	678	656	626	592	574	566	533	532	516	541	517	570	558	580	543	490
Current Assets	-0.3%	536	537	528	501	432	392	369	345	326	317	318	293	285	282	304	284	323	316	333	345	293
Cash Equivalents	8.9%	130	119	105	129	104	84.00	99.00	84.00	85.00	87.00	100	85.00	68.00	69.00	63.00	37.00	48.00	42.00	48.00	62.00	33.00
Inventory	-4.1%	159	166	162	143	125	123	112	105	85.00	80.00	75.00	71.00	81.00	74.00	79.00	68.00	83.00	82.00	91.00	91.00	92.00
Net PPE	8.5%	325	299	267	224	203	184	184	183	167	157	150	142	152	135	137	128	155	147	156	152	149
Goodwill	0%	24.00	24.00	24.00	24.00	24.00	24.00	24.00	24.00	24.00	24.00	24.00	24.00	24.00	24.00	24.00	24.00	24.00	24.00	24.00	24.00	24.00
Liabilities	-1.2%	415	420	415	419	384	365	368	347	347	338	345	328	322	347	375	373	382	389	399	369	357
Current Liabilities	-1.3%	236	239	235	244	210	193	181	159	155	147	124	103	94.00	99.00	121	120	129	131	138	138	123
Long Term Debt	-2.2%	163	167	169	169	169	168	184	183	188	189	219	222	223	246	244	244	244	248	250	220	221
LT Debt, Non Current	-2.2%	163	167	169	169	169	168	184	183	188	189	219	222	223	246	244	244	244	248	250	220	221
Shareholder's Equity	5.9%	548	517	478	400	349	313	287	279	245	232	217	200	209	169	166	144	183	169	182	174	133
Retained Earnings	8.7%	400	368	326	278	234	183	140	109	91.00	79.00	59.00	41.00	30.00	17.00	10.00	-3.90	16.00	5.00	13.00	12.00	10.00
Additional Paid-In Capital	-8.6%	192	210	219	219	219	219	219	219	219	219	219	219	219	208	208	208	208	208	204	196	158
Shares Outstanding	-0.9%	47.00	47.00	48.00	48.00	47.00	48.00	48.00	48.00	48.00	48.00	48.00	48.00	-	-	-	-	-	-	-	-	-
Minority Interest	-100.0%	-	2.00	2.00	2.00	2.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00
Float	-	-	-	1,128	-	-	-	334	-	-	-	407	-	-	-	104	-	-	-	122	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-13.5%	44,341	51,272	151	43,063	49,822	29,101	35,862	27,135	24,425	32,715	31,461	28,652	20,687	26,235	24,241	548	16,435	1,976	12,882	-5,629	4,443
Cashflow From Investing	44.6%	-13,520	-24,418	-22,391	-15,688	-24,482	-20,919	-16,789	-10,394	-18,884	-13,676	-12,461	-5,740	-4,660	-6,253	-785	-6,413	-4,974	-6,216	-44,233	-3,713	-5,796
Cashflow From Financing	-66.7%	-21,837	-13,099	-4,545	-3,287	-3,564	-19,915	-3,004	-18,318	-5,270	-31,670	-4,777	-2,072	-18,297	-17,072	2,553	-720	-6,327	-472	17,493	37,634	8,086
Dividend Payments	-0.5%	4,269	4,290	4,289	3,579	3,575	3,098	3,097	3,099	1,311	1,311	1,310	1,311	1,268	1,268	-	-	1,513	1,544	1,410	760	670
Buy Backs	-100.0%	-	8,826	56.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

TGLS Income Statement

2023-12-31

Consolidated Statements of Operations and Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Operating revenues:
Total operating revenues	$ 833,265	$ 716,570	$ 496,785
Cost of sales	442,331	367,071	294,201
Gross profit	390,934	349,499	202,584
Operating expenses:
Selling expense	(68,061)	(69,006)	(49,768)
General and administrative expense	(63,111)	(54,078)	(35,831)
Total operating expenses	(131,172)	(123,084)	(85,599)
Operating income	259,762	226,415	116,985
Non-operating income, net	5,131	4,218	608
Foreign currency transactions gains (losses)	686	2,013	(4,308)
Interest expense and deferred cost of financing	(9,178)	(8,156)	(9,850)
Equity method income	5,013	6,680	4,177
Extinguishment of Debt			(10,699)
Income before taxes	261,414	231,170	96,913
Income tax provision	(77,904)	(74,758)	(28,485)
Net income	183,510	156,412	68,428
Income attributable to non-controlling interest	(628)	(669)	(277)
Income attributable to parent	$ 182,882	$ 155,743	$ 68,151
Basic income per share	$ 3.85	$ 3.27	$ 1.43
Diluted income per share	$ 3.85	$ 3.27	$ 1.43
Basic weighted average common shares outstanding	47,508,980	47,674,773	47,674,773
Diluted weighted average common shares outstanding	47,508,980	47,674,773	47,674,773
Other comprehensive income:
Foreign currency translation adjustments	$ 63,058	$ (46,623)	$ (25,080)
Change in fair value derivative contracts	(2,734)	9,187	(159)
Other Comprehensive Income	60,324	(37,436)	(25,239)
Total Comprehensive income	243,834	118,976	43,189
Income attributable to non-controlling interest	(628)	(669)	(277)
Total comprehensive income attributable to parent	243,206	118,307	42,912
External Customers [Member]
Operating revenues:
Total operating revenues	830,879	714,735	494,665
Related Party [Member]
Operating revenues:
Total operating revenues	$ 2,386	$ 1,835	$ 2,120

TGLS Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 129,508	$ 103,671
Investments	2,907	2,049
Trade accounts receivable, net	166,498	158,397
Inventories	159,070	124,997
Contract assets – current portion	17,800	12,610
Other current assets	58,590	28,963
Total current assets	535,760	432,134
Long-term assets:
Property, plant and equipment, net	324,591	202,865
Deferred income taxes	169	558
Contract assets – non-current	8,797	8,875
Long-term trade accounts receivable		1,225
Intangible assets	3,475	2,706
Goodwill	23,561	23,561
Equity method investment	60,570	57,839
Other long-term assets	5,794	4,545
Total long-term assets	426,957	302,174
Total assets	962,717	734,308
Current liabilities:
Short-term debt and current portion of long-term debt	7,002	504
Trade accounts payable and accrued expenses	82,784	90,186
Dividends payable	4,265	3,622
Contract liability – current portion	72,543	49,601
Total current liabilities	235,886	209,802
Long-term liabilities:
Deferred income taxes	15,793	5,190
Contract liability – non-current	14	11
Long-term debt	163,004	168,980
Total long-term liabilities	178,811	174,181
Total liabilities	414,697	383,983
SHAREHOLDERS’ EQUITY
Preferred shares, $0.0001 par value, 1,000,000 shares authorized, 0 shares issued and outstanding at December 31, 2023 and December 31, 2022 respectively
Ordinary shares, $0.0001 par value, 100,000,000 shares authorized, 46,996,708 and 46,674,773 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively	5	5
Legal Reserves	1,458	1,458
Additional paid-in capital	192,385	219,290
Retained earnings	400,035	234,254
Accumulated other comprehensive (loss)	(45,863)	(106,187)
Shareholders’ equity attributable to controlling interest	548,020	348,820
Shareholders’ equity attributable to non-controlling interest		1,505
Total shareholders’ equity	548,020	350,325
Total liabilities and shareholders’ equity	962,717	734,308
Related Party [Member]
Current assets:
Due from related parties	1,387	1,447
Current liabilities:
Other current liabilities	7,498	5,323
Nonrelated Party [Member]
Current liabilities:
Other current liabilities	$ 61,794	$ 60,566

About Tecnoglass Inc

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, stick facade systems, windows and doors, interior dividers and commercial display windows, hurricane-proof windows, and other products, such as 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 Miami, Florida. Tecnoglass Inc. is a subsidiary of Energy Holding Corporation.

CEO	Mr. JosÃƒÂ© Manuel Daes
WEBSITE	tecnoglass.com
INDUSTRY	Building Materials
EMPLOYEES	8770

Tecnoglass Inc Frequently Asked Questions

What is the ticker symbol for Tecnoglass Inc? What does TGLS stand for in stocks?

TGLS is the stock ticker symbol of Tecnoglass Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Tecnoglass Inc (TGLS)?

As of Mon Apr 15 2024, market cap of Tecnoglass Inc is 2.76 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of TGLS stock?

You can check TGLS's fair value in chart for subscribers.

What is the fair value of TGLS stock?

You can check TGLS's fair value in chart for subscribers. The fair value of Tecnoglass Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Tecnoglass Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for TGLS so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Tecnoglass Inc a good stock to buy?

The fair value guage provides a quick view whether TGLS is over valued or under valued. Whether Tecnoglass Inc is cheap or expensive depends on the assumptions which impact Tecnoglass Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for TGLS.

What is Tecnoglass Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 15 2024, TGLS's PE ratio (Price to Earnings) is 15.07 and Price to Sales (PS) ratio is 3.31. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. TGLS PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Tecnoglass Inc's stock?

In the past 10 years, Tecnoglass Inc has provided 0.184 (multiply by 100 for percentage) rate of return.