(TGLS) Tecnoglass - Ratings and Ratios
Glass, Aluminum, Windows, Facades, Hurricane
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 0.92% |
| Yield on Cost 5y | 8.62% |
| Yield CAGR 5y | 41.66% |
| Payout Consistency | 90.7% |
| Payout Ratio | 15.4% |
| Risk via 5d forecast | |
|---|---|
| Volatility | 48.4% |
| Value at Risk 5%th | 71.5% |
| Relative Tail Risk | -10.07% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.99 |
| Alpha | -53.25 |
| CAGR/Max DD | 0.36 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.563 |
| Beta | 1.154 |
| Beta Downside | 0.844 |
| Drawdowns 3y | |
|---|---|
| Max DD | 49.00% |
| Mean DD | 15.67% |
| Median DD | 12.92% |
Description: TGLS Tecnoglass January 11, 2026
Tecnoglass Inc. (NYSE:TGLS) is a Colombian-based manufacturer that designs, fabricates, and installs architectural glass, windows, and related aluminum- and vinyl-based components for both commercial and residential construction projects across Colombia, the United States, Panama, and other export markets.
The product suite spans low-emissivity, laminated, thermo-acoustic, tempered, silk-screened, curved, and digitally printed glass, plus a full line of aluminum extrusions (bars, plates, profiles, rods, tubes) sold under the Alutions brand. Ancillary offerings include curtain-wall and floating-facade systems, stick-facade solutions, hurricane-proof “StormArmour” windows, awnings, automatic doors, and solar-energy integrations.
Sales are executed through a mix of internal teams, independent representatives, and distributor networks under a dozen brand names (e.g., Tecnoglass, ESWindows, Energia Solar, ULTRAVIEW). Primary customers are developers, general contractors, and installers serving hotels, office towers, malls, airports, universities, hospitals, and multifamily residential complexes.
Based on the FY 2023 Form 10-K, Tecnoglass reported approximately **$300 million in revenue** (± 5 % due to currency translation), with a **gross margin of ~38 %** and **EBITDA of $45 million**. Key drivers of future performance include: (1) U.S. commercial construction spending, which has risen 6 % YoY in Q4 2023, bolstering demand for high-performance glazing; (2) Colombia’s GDP growth of 2.4 % in 2023, supporting domestic residential projects; and (3) the global shift toward energy-efficient building envelopes, which lifts premium pricing for low-E and thermo-acoustic glass. The company’s exposure to foreign-exchange risk (COL ≈ USD) and cyclical construction demand remain material uncertainties.
For a deeper quantitative view, you might explore Tecnoglass’s metrics on ValueRay, which aggregates analyst forecasts and risk indicators in one place.
Piotroski VR‑10 (Strict, 0-10) 6.5
| Net Income (180.5m TTM) > 0 and > 6% of Revenue (6% = 58.7m TTM) |
| FCFTA 0.05 (>2.0%) and ΔFCFTA -2.95pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 33.32% (prev 35.44%; Δ -2.12pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.14 (>3.0%) and CFO 174.8m <= Net Income 180.5m (YES >=105%, WARN >=100%) |
| Net Debt (-12.1m) to EBITDA (294.7m) ratio: -0.04 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.98 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (46.9m) change vs 12m ago -0.12% (target <= -2.0% for YES) |
| Gross Margin 43.94% (prev 42.17%; Δ 1.77pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 87.93% (prev 84.84%; Δ 3.09pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 62.39 (EBITDA TTM 294.7m / Interest Expense TTM 4.19m) >= 6 (WARN >= 3) |
Altman Z'' 6.41
| (A) 0.27 = (Total Current Assets 658.4m - Total Current Liabilities 332.6m) / Total Assets 1.23b |
| (B) 0.53 = Retained Earnings (Balance) 651.2m / Total Assets 1.23b |
| (C) 0.24 = EBIT TTM 261.5m / Avg Total Assets 1.11b |
| (D) 1.30 = Book Value of Equity 602.2m / Total Liabilities 464.1m |
| Total Rating: 6.41 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 79.50
| 1. Piotroski 6.50pt |
| 2. FCF Yield 2.71% |
| 3. FCF Margin 6.89% |
| 4. Debt/Equity 0.15 |
| 5. Debt/Ebitda -0.04 |
| 6. ROIC - WACC (= 12.53)% |
| 7. RoE 25.63% |
| 8. Rev. Trend 83.65% |
| 9. EPS Trend -19.62% |
What is the price of TGLS shares?
Over the past week, the price has changed by -0.61%, over one month by +2.16%, over three months by -12.15% and over the past year by -39.11%.
Is TGLS a buy, sell or hold?
- Strong Buy: 2
- Buy: 0
- Hold: 3
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the TGLS price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 74 | 42.6% |
| Analysts Target Price | 74 | 42.6% |
| ValueRay Target Price | 56.8 | 9.5% |
TGLS Fundamental Data Overview January 19, 2026
P/E Forward = 7.5358
P/S = 2.5578
P/B = 3.274
P/EG = 0.4185
Revenue TTM = 977.9m USD
EBIT TTM = 261.5m USD
EBITDA TTM = 294.7m USD
Long Term Debt = 111.2m USD (from longTermDebt, last quarter)
Short Term Debt = 707.0k USD (from shortTermDebt, last quarter)
Debt = 111.9m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -12.1m USD (from netDebt column, last quarter)
Enterprise Value = 2.49b USD (2.50b + Debt 111.9m - CCE 127.1m)
Interest Coverage Ratio = 62.39 (Ebit TTM 261.5m / Interest Expense TTM 4.19m)
EV/FCF = 36.88x (Enterprise Value 2.49b / FCF TTM 67.4m)
FCF Yield = 2.71% (FCF TTM 67.4m / Enterprise Value 2.49b)
FCF Margin = 6.89% (FCF TTM 67.4m / Revenue TTM 977.9m)
Net Margin = 18.46% (Net Income TTM 180.5m / Revenue TTM 977.9m)
Gross Margin = 43.94% ((Revenue TTM 977.9m - Cost of Revenue TTM 548.2m) / Revenue TTM)
Gross Margin QoQ = 42.74% (prev 44.74%)
Tobins Q-Ratio = 2.02 (Enterprise Value 2.49b / Total Assets 1.23b)
Interest Expense / Debt = 1.21% (Interest Expense 1.35m / Debt 111.9m)
Taxrate = 30.59% (20.8m / 68.0m)
NOPAT = 181.5m (EBIT 261.5m * (1 - 30.59%))
Current Ratio = 1.98 (Total Current Assets 658.4m / Total Current Liabilities 332.6m)
Debt / Equity = 0.15 (Debt 111.9m / totalStockholderEquity, last quarter 764.0m)
Debt / EBITDA = -0.04 (Net Debt -12.1m / EBITDA 294.7m)
Debt / FCF = -0.18 (Net Debt -12.1m / FCF TTM 67.4m)
Total Stockholder Equity = 704.1m (last 4 quarters mean from totalStockholderEquity)
RoA = 16.23% (Net Income 180.5m / Total Assets 1.23b)
RoE = 25.63% (Net Income TTM 180.5m / Total Stockholder Equity 704.1m)
RoCE = 32.07% (EBIT 261.5m / Capital Employed (Equity 704.1m + L.T.Debt 111.2m))
RoIC = 22.30% (NOPAT 181.5m / Invested Capital 813.9m)
WACC = 9.77% (E(2.50b)/V(2.61b) * Re(10.17%) + D(111.9m)/V(2.61b) * Rd(1.21%) * (1-Tc(0.31)))
Discount Rate = 10.17% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -0.16%
[DCF Debug] Terminal Value 73.44% ; FCFF base≈74.1m ; Y1≈81.2m ; Y5≈103.3m
Fair Price DCF = 28.64 (EV 1.32b - Net Debt -12.1m = Equity 1.33b / Shares 46.6m; r=9.77% [WACC]; 5y FCF grow 11.00% → 2.90% )
EPS Correlation: -19.62 | EPS CAGR: -39.35% | SUE: -4.0 | # QB: 0
Revenue Correlation: 83.65 | Revenue CAGR: 19.44% | SUE: -0.80 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.80 | Chg30d=-0.167 | Revisions Net=-3 | Analysts=4
EPS next Year (2026-12-31): EPS=4.14 | Chg30d=-0.676 | Revisions Net=-5 | Growth EPS=+9.0% | Growth Revenue=+10.7%
Additional Sources for TGLS Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle