Tredegar (TG) AI Stock Analysis

• Market Cap: $275.28M
• Dividend Yield: N/A
• Average Volume (3M): 178.09K
• Price to Earnings (P/E): 4.3
• Beta (1Y): 1.10
• Revenue Growth: -3.42%
• EPS Growth: N/A
• Country: US
• Employees: 1,500
• Sector: Industrials
• Sector Strength: 72
• Industry: Manufacturing - Metal Fabrication
• EPS (TTM): 0.42
• Shares Outstanding: 34,756,980
• 10 Day Avg. Volume: 220,082
• 30 Day Avg. Volume: 178,086
• PEG Ratio: -0.08
• Price to Book (P/B): 1.15
• Price to Sales (P/S): 0.35
• P/FCF Ratio: 15.85
• Enterprise Value/Market Cap: 1.10
• Enterprise Value/Revenue: 0.42
• Enterprise Value/Gross Profit: 2.83
• Enterprise Value/Ebitda: 5.99
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 64 Neutral
• Price Target: $8.50 ▲(9.40% Upside)
• Action: Reiterated Date: 03/12/26
• Date: Action: Reiterated 03/12/26

The score is supported mainly by improved 2025 financial health (profitability rebound and sharply lower leverage) and a low P/E valuation. It is held back by weak technicals (below major moving averages with negative MACD) and lingering volatility concerns given uneven historical earnings and softer year-over-year free cash flow.

Positive Factors

Strengthened balance sheet

Sharp deleveraging materially reduces financial risk and increases flexibility. Lower debt and higher equity allow Tredegar to better withstand cyclical downturns, fund capex or JV needs, and support strategic initiatives without near-term refinancing pressure.

Revenue rebound and return to profitability

A clear revenue recovery with positive net margin demonstrates regained demand and operational leverage. Sustained revenue growth and positive margins underpin cash generation potential and validate the company’s product-market fit in PE film and specialty end markets.

Governance and accounting continuity

Board refresh with an experienced advanced-materials executive and internal promotion to controller strengthen oversight and accounting continuity. These governance moves support long-term strategic alignment, risk management, and reliable financial reporting.

Negative Factors

Earnings and cash‑flow volatility

Wide multi-year swings in profitability reduce predictability of future earnings and planning. Cyclical losses in 2023–2024 highlight execution and end-market sensitivity, increasing uncertainty for capital allocation and long-term return consistency.

Weaker free cash flow conversion

A notable YoY FCF decline and partial conversion of earnings to cash constrain reinvestment, dividends, and further deleveraging. Historical periods of negative FCF amplify execution risk and limit the company’s buffer against volatility.

Input‑cost and end‑market cyclicality

Profitability is structurally exposed to volatile resin, energy and logistics costs and to cyclic packaging demand. Adverse swings in inputs or weaker end markets can compress margins quickly, limiting sustained margin expansion despite operational improvements.

Tredegar Business Overview & Revenue Model

Company Description

Tredegar Corporation, through its subsidiaries, manufactures and sells aluminum extrusions, polyethylene (PE) films, and polyester films in the United States and internationally. It operates through three segments: Aluminum Extrusions, PE Films, and Flexible Packaging Films. The Aluminum Extrusions segment produces soft-alloy and medium-strength custom fabricated and finished aluminum extrusions for the building and construction, automotive and transportation, consumer durables, machinery and equipment, electrical and renewable energy, and distribution markets; and manufactures mill, anodized, and painted and fabricated aluminum extrusions to fabricators and distributors. The PE Films segment offers single- and multi-layer surface protection films for protecting components of flat panel displays that are used in televisions, monitors, notebooks, smart phones, tablets, e-readers, and digital signage under the UltraMask, ForceField, ForceField PEARL, and Pearl A brands. This segment also provides thin-gauge films as overwrap for bathroom tissue and paper towels, as well as polyethylene overwrap films and films for other markets. The Flexible Packaging Films segment offers polyester-based films for food packaging and industrial applications under the Terphane, Ecophane, and Sealphane brands. Tredegar Corporation was founded in 1955 and is headquartered in Richmond, Virginia.

How the Company Makes Money

Tredegar primarily makes money by manufacturing and selling polyethylene (PE) films to customers that convert these films into end products (e.g., packaging and specialty/consumer applications). Revenue is generated from product sales under customer purchase orders and supply arrangements, with pricing and margins influenced by sales volume, product mix (including higher-value specialty films versus more commodity-like films), and the spread between selling prices and key input costs (notably polyethylene resin and other raw materials, plus energy and freight). In addition, Tredegar earns income from its ownership interest in an aluminum-related joint venture (Tri-Arrows Aluminum), which can contribute to earnings through its share of the joint venture’s results (and any distributions when applicable). Key factors affecting earnings include demand conditions in end markets, capacity utilization and operating efficiency in manufacturing, competitive pricing, and volatility in raw-material and logistics costs.

Tredegar Financial Statement Overview

Summary

2025 shows a clear turnaround with strong revenue growth and a return to profitability, plus sharply improved leverage. However, earnings and cash-flow consistency remain a concern given large swings in 2023–2024 and a year-over-year decline in free cash flow despite the rebound.

Income Statement

Results show a meaningful rebound in 2025 with revenue up ~22.8% and a return to profitability (net margin ~4.6%) after deep losses in 2023–2024. Profitability has been volatile across the cycle (strong profits in 2021–2022, large losses in 2023–2024), which lowers confidence in earnings stability. 2025 operating profitability is positive, but margins remain moderate versus the company’s stronger historical years.

Balance Sheet

The balance sheet improved sharply in 2025, with total debt reduced to ~$13.7M and debt-to-equity down to ~0.06 (from ~0.43 in 2024 and >1.0 in 2023), indicating significantly lower leverage and financial risk. Equity has grown to ~$216.6M and returns on equity turned solidly positive (~15.5%) after negative returns in 2023–2024. The main weakness is the recent history of equity value pressure during loss years, but current leverage metrics are a clear strength.

Cash Flow

Cash generation is positive with operating cash flow of ~$33.0M and free cash flow of ~$15.7M in 2025, but free cash flow declined ~24.4% year over year, signaling weaker conversion despite the earnings rebound. Cash flow support for profits is moderate, with free cash flow running at ~48% of net income in 2025. Historical cash flow has been uneven (notably negative free cash flow in 2022–2023), which adds execution and cyclicality risk.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	722.86M	598.02M	573.32M	761.99M	826.46M
Gross Profit	106.47M	96.06M	71.13M	104.89M	148.53M
EBITDA	50.38M	31.08M	-116.47M	40.11M	94.28M
Net Income	23.82M	-64.56M	-105.91M	28.45M	57.83M
Balance Sheet
Total Assets	371.37M	356.36M	446.46M	542.09M	523.58M
Cash, Cash Equivalents and Short-Term Investments	6.73M	7.06M	9.66M	19.23M	30.52M
Total Debt	48.27M	77.37M	158.62M	151.77M	87.99M
Total Liabilities	154.82M	175.39M	290.81M	340.33M	338.86M
Stockholders Equity	216.55M	180.97M	155.65M	201.76M	184.72M
Cash Flow
Free Cash Flow	15.74M	11.16M	-2.45M	-57.72M	43.22M
Operating Cash Flow	32.98M	25.51M	24.00M	-20.84M	70.58M
Investing Cash Flow	-5.50M	40.51M	-26.18M	-35.46M	24.45M
Financing Cash Flow	-28.16M	-64.98M	-4.48M	45.38M	-76.84M

Tredegar Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 7.77
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TG, the sentiment is Negative. The current price of 7.77 is below the 20-day moving average (MA) of 8.63, below the 50-day MA of 8.53, and below the 200-day MA of 8.14, indicating a bearish trend. The MACD of -0.21 indicates Positive momentum. The RSI at 39.33 is Neutral, neither overbought nor oversold. The STOCH value of 25.79 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TG.

Tredegar Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AZZ	78 Outperform	$3.65B	19.10	26.34%	0.67%	1.55%	701.41%
NWPX	74 Outperform	$688.48M	16.91	9.20%	―	7.61%	25.35%
IIIN	68 Neutral	$616.80M	20.81	13.31%	3.49%	22.39%	112.75%
TG	64 Neutral	$275.28M	4.28	16.65%	―	-3.42%	―
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
MEC	58 Neutral	$345.62M	-47.25	-3.30%	―	-12.38%	-0.71%
AP	46 Neutral	$129.07M	―	-120.09%	―	0.20%	88.39%

Tredegar Corporate Events

Tredegar Adds Independent Director Amid Planned Board Transition

Tredegar Corporation announced on February 3, 2026, that it expanded its Board of Directors from seven to eight members and elected David Parks as an independent director, with his appointment effective immediately and committee assignments to be decided at a future board meeting. Parks, a mechanical engineer with more than 35 years of global operating and strategic experience across healthcare, consumer packaged goods, and advanced materials, is expected to strengthen Tredegar’s strategic capabilities in advanced materials and global operations, while outgoing director Kenneth R. Newsome, who has served since 2014, informed the board on January 26, 2026, that he will retire and not seek re-election at the 2026 Annual Meeting, marking a planned leadership transition for the company’s governance.

The board determined that Parks meets New York Stock Exchange independence standards, and he will receive compensation under Tredegar’s existing non-employee director program. The leadership changes, highlighted in a February 9, 2026 press release, underscore Tredegar’s effort to refresh its board with expertise aligned to its advanced materials and electronics-focused businesses, potentially influencing long-term strategy and value creation for shareholders as the company navigates evolving industrial and technology markets.

The most recent analyst rating on (TG) stock is a Hold with a $8.50 price target. To see the full list of analyst forecasts on Tredegar stock, see the TG Stock Forecast page.

Tredegar Names Paul Goldschmiedt Controller and Accounting Chief

On January 1, 2026, Tredegar Corporation’s board of directors appointed longtime internal finance leader Paul Goldschmiedt as the company’s controller and principal accounting officer, marking a continuation of its practice of promoting from within its accounting ranks. Goldschmiedt, 41, who joined Tredegar in 2020 and has served as assistant controller since 2021 after earlier roles overseeing SEC accounting and reporting and prior experience at Hamilton Beach Brands and Deloitte & Touche, takes on the role without any related‑party ties or disclosed conflicts of interest, signaling a standard governance transition for investors and other stakeholders.

The most recent analyst rating on (TG) stock is a Hold with a $8.50 price target. To see the full list of analyst forecasts on Tredegar stock, see the TG Stock Forecast page.