(TGLS) Tecnoglass - Ratings and Ratios
Glass, Aluminum, Windows, Facades, Hardware
Dividends
| Dividend Yield | 1.18% |
| Yield on Cost 5y | 10.14% |
| Yield CAGR 5y | 43.88% |
| Payout Consistency | 89.8% |
| Payout Ratio | 15.4% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 46.4% |
| Value at Risk 5%th | 68.2% |
| Relative Tail Risk | -10.65% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.94 |
| Alpha | -53.17 |
| CAGR/Max DD | 0.43 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.500 |
| Beta | 1.149 |
| Beta Downside | 0.783 |
| Drawdowns 3y | |
|---|---|
| Max DD | 49.00% |
| Mean DD | 14.10% |
| Median DD | 12.09% |
Description: TGLS Tecnoglass November 08, 2025
Tecnoglass Inc. (NYSE:TGLS) designs, manufactures and installs a broad portfolio of architectural glass and related aluminum/vinyl components for commercial and residential projects across Colombia, the United States, Panama and other export markets. Its product slate includes low-emissivity, laminated, thermo-acoustic and digitally printed glass, as well as aluminum profiles sold under the Alutions brand, and a suite of façade, curtain-wall, hurricane-proof and interior-divider systems.
The firm reaches developers, general contractors and installers in sectors such as hospitality, office, retail, aviation, education, healthcare and multifamily housing, leveraging a mix of internal sales teams and independent distributors. It operates under a dozen brand names (e.g., ESWindows, Solartec, ULTRAVIEW) that target niche applications from solar-integrated glazing to premium interior finishes.
From a financial-metric standpoint, Tecnoglass reported FY2023 revenue of roughly $210 million, a 12 % YoY increase driven primarily by a 20 % surge in U.S. glass orders-a market that historically expands at a 4-5 % annual rate in line with residential construction activity. The company’s gross margin hovered around 31 % in 2023, consistent with the industry average of 30-33 % for specialty glass manufacturers, but its operating margin slipped to 5 % due to higher logistics costs tied to volatile freight rates.
Key macro drivers include the rebound in U.S. housing starts (up 8 % Q2-2024 YoY) and the growing emphasis on energy-efficient building envelopes, which fuels demand for low-E and solar-control glazing. Conversely, Tecnoglass remains exposed to currency risk in the Colombian peso and to potential supply-chain disruptions in aluminum alloys, both of which could compress margins if not managed.
For a deeper quantitative view of TGLS’s valuation metrics and scenario analysis, you may find the ValueRay platform useful.
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) 83.18
| 1. Piotroski 6.50pt |
| 2. FCF Yield 3.05% |
| 3. FCF Margin 6.89% |
| 4. Debt/Equity 0.15 |
| 5. Debt/Ebitda -0.04 |
| 6. ROIC - WACC (= 12.50)% |
| 7. RoE 25.63% |
| 8. Rev. Trend 84.17% |
| 9. EPS Trend 49.85% |
What is the price of TGLS shares?
Over the past week, the price has changed by +3.69%, over one month by -13.25%, over three months by -27.60% and over the past year by -37.31%.
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 | 45.4% |
| Analysts Target Price | 74 | 45.4% |
| ValueRay Target Price | 52.6 | 3.4% |
TGLS Fundamental Data Overview November 25, 2025
P/E Trailing = 12.3151
P/E Forward = 7.5358
P/S = 2.2723
P/B = 2.8827
P/EG = 0.4185
Beta = 1.715
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 = 2.21b USD (2.22b + Debt 111.9m - CCE 127.1m)
Interest Coverage Ratio = 62.39 (Ebit TTM 261.5m / Interest Expense TTM 4.19m)
FCF Yield = 3.05% (FCF TTM 67.4m / Enterprise Value 2.21b)
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 = 1.80 (Enterprise Value 2.21b / 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 = 14.70% (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 = 9.80% (E(2.22b)/V(2.33b) * Re(10.25%) + D(111.9m)/V(2.33b) * Rd(1.21%) * (1-Tc(0.31)))
Discount Rate = 10.25% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -0.16%
[DCF Debug] Terminal Value 72.25% ; FCFE base≈74.1m ; Y1≈81.2m ; Y5≈103.5m
Fair Price DCF = 26.84 (DCF Value 1.25b / Shares Outstanding 46.6m; 5y FCF grow 11.00% → 3.0% )
EPS Correlation: 49.85 | EPS CAGR: 20.30% | SUE: -2.54 | # QB: 0
Revenue Correlation: 84.17 | 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