(TGLS) Tecnoglass - Overview

Sector: Basic Materials | Industry: Building Materials | Exchange: NYSE (USA) | Market Cap: 1.716m USD | Total Return: -53.8% in 12m

Architectural Glass, Windows, Doors, Aluminum Profiles, Curtain Walls

Total Rating 47

Safety 74

Buy Signal -1.11

Building Materials
Industry Rotation: -23.2

Market Cap: 1.72B
Avg Turnover: 13.2M

Risk 3d forecast

Volatility54.6%

VaR 5^th Pctl9.10%

VaR vs Median1.19%

Reward TTM

Sharpe Ratio-1.91

Rel. Str. IBD3.4

Rel. Str. Peer Group3.3

Character TTM

Beta1.496

Beta Downside1.527

Hurst Exponent0.575

Drawdowns 3y

Max DD56.55%

CAGR/Max DD-0.06

CAGR/Mean DD-0.17

EPS (Earnings per Share)

EPS CAGR: 3.32%
EPS Trend: -20.2%

Last SUE: -0.21
Qual. Beats: 0

Revenue

Rev. CAGR: 10.87%
Rev. Trend: 82.4%

Last SUE: 1.32
Qual. Beats: 2

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Description: TGLS Tecnoglass

Tecnoglass Inc. (TGLS) is a vertically integrated manufacturer of architectural glass, windows, and aluminum products serving the global commercial and residential construction sectors. The company’s operations span the entire production cycle, from the transformation of raw materials into high-performance glass and aluminum profiles to the assembly and distribution of finished architectural systems. Its product portfolio includes specialized solutions such as hurricane-proof windows, curtain walls, and energy-efficient low-emissivity glass, marketed under brands including ESWindows and Alutions.

The company utilizes a low-cost manufacturing base in Colombia to serve high-demand markets in the United States and Panama, providing a competitive pricing advantage in the construction materials industry. This vertical integration allows for greater control over supply chain logistics and quality standards compared to non-integrated competitors. Investors can evaluate the companys historical performance and valuation metrics on ValueRay to further their analysis.

Tecnoglass serves a diverse client base comprising general contractors and developers for large-scale infrastructure, including airports, hospitals, and luxury multi-family residential projects. As building codes in coastal regions increasingly mandate impact-resistant materials, the company’s focus on specialized safety and thermal glass aligns with evolving regulatory requirements in the construction sector.

Headlines to Watch Out For

U.S. residential construction demand shifts impact high-end window and door sales volume
Fluctuations in aluminum and energy costs affect manufacturing and gross profit margins
Geographic concentration in Florida exposes revenue to regional economic and weather risks
Vertical integration in Colombia provides competitive cost advantages versus North American peers
Interest rate volatility directly influences commercial and multifamily real estate development cycles

Piotroski VR‑10 (Strict) 6.5

Net Income: 149.3m TTM > 0 and > 6% of Revenue
FCF/TA: 0.01 > 0.02 and ΔFCF/TA -6.16 > 1.0
NWC/Revenue: 31.05% < 20% (prev 33.45%; Δ -2.40% < -1%)
CFO/TA 0.08 > 3% & CFO 104.5m > Net Income 149.3m
Net Debt (109.1m) to EBITDA (261.8m): 0.42 < 3
Current Ratio: 1.77 > 1.5 & < 3
Outstanding Shares: last quarter (44.6m) vs 12m ago -5.02% < -2%
Gross Margin: 41.54% > 18% (prev 0.44%; Δ 4.11k% > 0.5%)
Asset Turnover: 80.87% > 50% (prev 80.81%; Δ 0.06% > 0%)
Interest Coverage Ratio: 38.89 > 6 (EBITDA TTM 261.8m / Interest Expense TTM 5.70m)

Altman Z'' 5.51

A: 0.23 (Total Current Assets 720.1m - Total Current Liabilities 406.4m) / Total Assets 1.36b
B: 0.51 (Retained Earnings 695.8m / Total Assets 1.36b)
C: 0.18 (EBIT TTM 221.7m / Avg Total Assets 1.25b)
D: 1.08 (Book Value of Equity 677.6m / Total Liabilities 625.2m)
Altman-Z'' Score: 5.51 = AAA

Beneish M -2.81

DSRI: 1.06 (Receivables 295.6m/253.4m, Revenue 1.01b/919.8m)
GMI: 1.05 (GM 41.54% / 43.79%)
AQI: 1.02 (AQ_t 0.10 / AQ_t-1 0.10)
SGI: 1.10 (Revenue 1.01b / 919.8m)
TATA: 0.03 (NI 149.3m - CFO 104.5m) / TA 1.36b)
Beneish M-Score: -2.81 (Cap -4..+1) = A

What is the price of TGLS shares? As of May 16, 2026, the stock is trading at USD 38.61 with a total of 332,338 shares traded.
Over the past week, the price has changed by -2.97%, over one month by -12.19%, over three months by -27.49% and over the past year by -53.77%.

Is TGLS a buy, sell or hold? Tecnoglass has received a consensus analysts rating of 3.80. Therefor, it is recommend to hold TGLS.

StrongBuy: 2
Buy: 0
Hold: 3
Sell: 0
StrongSell: 0

What are the forecasts/targets for the TGLS price?

Analysts Target Price	57	47.6%

Tecnoglass (TGLS) - Fundamental Data Overview as of 14 May 2026

P/E Trailing = 11.9783
P/E Forward = 14.6843
P/S = 1.6989
P/B = 2.401
P/EG = 0.6674
Revenue TTM = 1.01b USD
EBIT TTM = 221.7m USD
EBITDA TTM = 261.8m USD
Long Term Debt = 171.2m USD (from longTermDebt, last fiscal year)
Short Term Debt = 5.87m USD (from shortTermDebt, last quarter)
Debt = 200.3m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 109.1m USD (from netDebt column, last quarter)
Enterprise Value = 1.82b USD (1.72b + Debt 200.3m - CCE 94.4m)
Interest Coverage Ratio = 38.89 (Ebit TTM 221.7m / Interest Expense TTM 5.70m)
EV/FCF = 111.2x (Enterprise Value 1.82b / FCF TTM 16.4m)
FCF Yield = 0.90% (FCF TTM 16.4m / Enterprise Value 1.82b)
FCF Margin = 1.62% (FCF TTM 16.4m / Revenue TTM 1.01b)
Net Margin = 14.77% (Net Income TTM 149.3m / Revenue TTM 1.01b)
Gross Margin = 41.54% ((Revenue TTM 1.01b - Cost of Revenue TTM 590.6m) / Revenue TTM)
Gross Margin QoQ = 38.49% (prev 40.05%)
Tobins Q-Ratio = 1.34 (Enterprise Value 1.82b / Total Assets 1.36b)
Interest Expense / Debt = 1.51% (Interest Expense 3.02m / Debt 200.3m)
Taxrate = 27.18% (11.9m / 43.8m)
NOPAT = 161.5m (EBIT 221.7m * (1 - 27.18%))
Current Ratio = 1.77 (Total Current Assets 720.1m / Total Current Liabilities 406.4m)
Debt / Equity = 0.27 (Debt 200.3m / totalStockholderEquity, last quarter 735.2m)
Debt / EBITDA = 0.42 (Net Debt 109.1m / EBITDA 261.8m)
Debt / FCF = 6.66 (Net Debt 109.1m / FCF TTM 16.4m)
Total Stockholder Equity = 737.1m (last 4 quarters mean from totalStockholderEquity)
RoA = 11.95% (Net Income 149.3m / Total Assets 1.36b)
RoE = 20.25% (Net Income TTM 149.3m / Total Stockholder Equity 737.1m)
RoCE = 24.41% (EBIT 221.7m / Capital Employed (Equity 737.1m + L.T.Debt 171.2m))
RoIC = 18.59% (NOPAT 161.5m / Invested Capital 868.5m)
WACC = 10.18% (E(1.72b)/V(1.92b) * Re(11.24%) + D(200.3m)/V(1.92b) * Rd(1.51%) * (1-Tc(0.27)))
Discount Rate = 11.24% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -88.66 | Cagr: -2.36%
[DCF] Terminal Value 67.95% ; FCFF base≈43.4m ; Y1≈37.4m ; Y5≈29.5m
[DCF] Fair Price = 6.18 (EV 383.2m - Net Debt 109.1m = Equity 274.1m / Shares 44.4m; r=10.18% [WACC]; 5y FCF grow -16.82% → 3.0% )
EPS Correlation: -20.18 | EPS CAGR: 3.32% | SUE: -0.21 | # QB: 0
Revenue Correlation: 82.37 | Revenue CAGR: 10.87% | SUE: 1.32 | # QB: 2
EPS current Quarter (2026-06-30): EPS=0.56 | Chg30d=-39.13% | Revisions=-33% | Analysts=2
EPS next Quarter (2026-09-30): EPS=0.70 | Chg30d=-34.12% | Revisions=-43% | Analysts=2
EPS current Year (2026-12-31): EPS=2.76 | Chg30d=-23.70% | Revisions=-33% | GrowthEPS=-22.9% | GrowthRev=+11.6%
EPS next Year (2027-12-31): EPS=3.58 | Chg30d=-13.80% | Revisions=-43% | GrowthEPS=+29.6% | GrowthRev=+10.4%
[Analyst] Revisions Ratio: -43%