Tecnoglass (TGLS) AI Stock Analysis

• Market Cap: $3.60B
• Dividend Yield: 0.73%
• Average Volume (3M): 292.10K
• Price to Earnings (P/E): 20.7
• Beta (1Y): 1.58
• Revenue Growth: 11.73%
• EPS Growth: 6.58%
• Country: US
• Employees: 9,837
• Sector: Basic Materials
• Sector Strength: 72
• Industry: Construction Materials
• EPS (TTM): 0.92
• Shares Outstanding: 46,988,530
• 10 Day Avg. Volume: 226,133
• 30 Day Avg. Volume: 292,095
• PEG Ratio: 2.54
• Price to Book (P/B): 5.07
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 20.65
• Enterprise Value/Market Cap: 0.95
• Enterprise Value/Revenue: 0.99
• Enterprise Value/Gross Profit: 8.50
• Enterprise Value/Ebitda: 3.65
• 1Y Price Target: $89.00
• Price Target Upside: 16.16% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 5

• Rating: 78 Outperform
• Price Target: $87.00 ▲(13.55%Upside)

Tecnoglass is well-positioned within the construction materials industry, driven by strong financial performance and a positive earnings outlook. The neutral technical indicators and fair valuation provide a balanced view, while strategic acquisitions and revenue growth highlight its potential for future gains.

Positive Factors

Financial Performance

Q3 EBITDA was ahead of the Street's expectations, and management raised the midpoints of its 2024 outlook.

Future Growth

Tecnoglass' backlog continues to grow, supporting future commercial growth, while it still expects $5-10m monthly contribution from residential vinyl in 2025, and further geographic expansion opportunities.

Negative Factors

Market Volatility

Acknowledge expectations were high and review conclusion could create some volatility.

Tecnoglass Business Overview & Revenue Model

Company Description

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, windows and doors, interior dividers and commercial display windows, hurricane-proof windows, and stick facade systems; and other products comprising 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 Barranquilla, Colombia. Tecnoglass Inc. is a subsidiary of Energy Holding Corporation.

How the Company Makes Money

Tecnoglass generates revenue through the manufacturing and sale of its diverse range of architectural glass and aluminum products. The company engages in both custom and standard product lines, catering to the needs of small to large-scale construction projects. Key revenue streams include direct sales to developers, contractors, and distributors in the construction industry. Tecnoglass benefits from strategic partnerships with construction firms and distributors that facilitate market penetration and enhance sales volume. The company's earnings are also influenced by its operational efficiency and cost management, allowing it to offer competitive pricing while maintaining quality. Additionally, Tecnoglass's geographic reach into various American markets aids in diversifying its revenue sources and mitigating regional economic fluctuations.

Tecnoglass Financial Statement Overview

Summary

Tecnoglass demonstrates strong financial performance with impressive revenue growth, healthy profit margins, and efficient cash generation. The balance sheet's declining debt-to-equity ratio adds to its financial stability, despite a slight decrease in total assets.

Income Statement

Tecnoglass demonstrates strong income statement performance with a consistent upward trajectory in revenue, from $374.9M in 2020 to $919.8M in TTM 2025, indicating a robust revenue growth rate. The gross profit margin and net profit margin are healthy, with TTM 2025 figures at approximately 43.8% and 18.9%, respectively. The company also maintains solid EBIT and EBITDA margins, showcasing efficient operational management.

Balance Sheet

The balance sheet is stable, with a debt-to-equity ratio declining over time, reflecting prudent financial leverage. The equity ratio is strong, with equity constituting a significant portion of total assets, enhancing financial stability. However, total assets decreased in TTM 2025 compared to 2024, which may warrant monitoring.

Cash Flow

Cash flow analysis reveals strong operating cash flow, consistently exceeding net income, which is a positive indicator of cash generation efficiency. Free cash flow growth is significant, with TTM 2025 showing a marked increase compared to previous years, underlining the company's robust cash management and potential for reinvestment or debt reduction.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	890.18M	833.26M	716.57M	496.79M	374.92M
Gross Profit	379.97M	390.93M	349.50M	202.58M	139.25M
EBITDA	259.06M	289.44M	253.32M	136.60M	77.68M
Net Income	161.31M	182.88M	155.74M	68.15M	23.88M
Balance Sheet
Total Assets	1.02B	962.72M	734.31M	591.56M	532.02M
Cash, Cash Equivalents and Short-Term Investments	137.53M	132.41M	105.72M	86.99M	69.29M
Total Debt	109.31M	170.01M	169.48M	199.06M	224.49M
Total Liabilities	385.46M	414.70M	383.98M	346.87M	319.06M
Stockholders Equity	631.18M	548.02M	348.82M	243.86M	212.38M
Cash Flow
Free Cash Flow	90.97M	60.87M	70.59M	65.74M	53.11M
Operating Cash Flow	170.53M	138.83M	141.92M	117.25M	71.43M
Investing Cash Flow	-77.29M	-76.02M	-72.58M	-50.76M	-18.06M
Financing Cash Flow	-84.55M	-42.77M	-44.80M	-43.79M	-33.54M

Tecnoglass Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 76.62
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TGLS, the sentiment is Positive. The current price of 76.62 is above the 20-day moving average (MA) of 75.83, below the 50-day MA of 80.75, and above the 200-day MA of 75.76, indicating a neutral trend. The MACD of -1.20 indicates Negative momentum. The RSI at 49.18 is Neutral, neither overbought nor oversold. The STOCH value of 50.27 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TGLS.

Tecnoglass Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CPAC	81 Outperform	$562.07M	9.36	16.29%	8.01%	3.95%	27.28%
TGLS	78 Outperform	$3.60B	20.72	27.61%	0.73%	11.73%	6.58%
EXP	77 Outperform	$7.10B	15.80	33.52%	0.57%	0.05%	0.96%
SMID	77 Outperform	$196.01M	19.94	24.52%	―	33.00%	427.77%
TTAM	76 Outperform	$2.72B	―		0.54%	―	―
LOMA	67 Neutral	$1.33B	13.13	14.05%	―	-37.30%	32.91%
Sector *	57 Neutral	£2.69B	5.13	-9.48%	6878.44%	5.31%	-6.23%

Tecnoglass Corporate Events

Tecnoglass Recognized as Fastest-Growing Company by Fortune

Tecnoglass Inc., a top producer of high-end windows and architectural glass, has been named the 27th fastest-growing company in the U.S. by Fortune Magazine, driven by remarkable revenue and EPS growth from 2021 to 2024. This recognition underscores Tecnoglass’s strategic initiatives, innovation, and market strength, solidifying its position in the residential and commercial sectors, while generating impressive shareholder returns.