Tecnoglass (TGLS) AI Stock Analysis

• Market Cap: $2.63B
• Dividend Yield: 1.21%
• Average Volume (3M): 316.36K
• Price to Earnings (P/E): 14.4
• Beta (1Y): 1.49
• Revenue Growth: 15.70%
• EPS Growth: 19.92%
• Country: US
• Employees: 9,837
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Construction Materials
• EPS (TTM): 1.00
• Shares Outstanding: 46,987,150
• 10 Day Avg. Volume: 269,056
• 30 Day Avg. Volume: 316,356
• PEG Ratio: -2.12
• Price to Book (P/B): 5.91
• Price to Sales (P/S): 4.19
• P/FCF Ratio: 40.98
• Enterprise Value/Market Cap: 0.00
• Enterprise Value/Revenue: 0.00
• Enterprise Value/Gross Profit: 0.00
• Enterprise Value/Ebitda: 0.00
• 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: 70 Outperform
• Price Target: $58.00 ▼(-2.09% Downside)

Tecnoglass demonstrates strong financial performance and promising future growth prospects, supported by a robust backlog and strategic initiatives. However, current technical indicators suggest bearish momentum, and cost pressures are impacting margins. The valuation is reasonable, but not particularly compelling. Overall, the stock presents a balanced risk-reward profile.

Positive Factors

Strong Revenue Growth

The robust revenue growth indicates strong market demand and effective sales strategies, positioning Tecnoglass for continued expansion and market share gains.

Record Backlog

A growing backlog provides visibility into future revenue streams, ensuring sustained business operations and supporting long-term financial planning.

Financial Flexibility

Strong liquidity and low leverage enhance Tecnoglass's ability to invest in growth opportunities and weather economic uncertainties, supporting long-term stability.

Negative Factors

Gross Margin Decline

Declining gross margins can erode profitability, indicating challenges in cost management and pricing power, which may impact long-term financial performance.

Cost Pressures

Rising input costs and currency fluctuations can squeeze margins, potentially limiting Tecnoglass's ability to maintain competitive pricing and profitability.

Increased SG&A Expenses

Higher SG&A expenses reflect increased operational costs, which could reduce net income and hinder the company's ability to invest in growth initiatives.

Tecnoglass Business Overview & Revenue Model

Company Description

Tecnoglass Inc. (TGLS) is a leading manufacturer of architectural glass and windows, primarily serving the construction and building sectors. Based in Barranquilla, Colombia, the company specializes in producing high-quality glass products, including energy-efficient windows and facades, which are designed for commercial, residential, and industrial applications. Tecnoglass is known for its innovative designs and sustainable practices, catering to a growing demand for eco-friendly construction materials.

How the Company Makes Money

Tecnoglass generates revenue through the sale of its glass and window products to various sectors, including commercial, residential, and industrial construction. The company operates a vertically integrated business model, which allows it to control the entire manufacturing process, from raw material procurement to final product delivery. Key revenue streams include the direct sale of glass products, framing systems, and installation services. Additionally, Tecnoglass benefits from strategic partnerships with construction firms, architects, and builders, which help in securing large contracts and projects. The company also focuses on expanding its market presence both domestically in Colombia and internationally, particularly in the United States, which significantly contributes to its earnings.

Tecnoglass Financial Statement Overview

Summary

Tecnoglass presents a robust financial profile with strong revenue growth, profitability, and cash flow generation. The company maintains a solid balance sheet with low leverage, which positions it well for future growth. While there are minor concerns regarding cost management, the overall financial health is commendable.

Income Statement

Tecnoglass has demonstrated strong revenue growth over the years, with a TTM revenue growth rate of 2.32% and a solid net profit margin of 19.13%. The company maintains healthy EBIT and EBITDA margins, indicating efficient operations and profitability. However, the slight decline in gross profit margin over time suggests potential cost pressures.

Balance Sheet

The company's balance sheet shows a strong equity position with a low debt-to-equity ratio of 0.15 in the TTM period, reflecting prudent financial management. Return on equity remains robust at 27.43%, showcasing effective utilization of shareholder funds. However, the equity ratio indicates a moderate reliance on debt financing.

Cash Flow

Tecnoglass exhibits strong cash flow management, with a significant free cash flow growth rate of 21.73% in the TTM period. The operating cash flow to net income ratio is healthy, indicating good cash conversion. The free cash flow to net income ratio of 66.32% suggests effective cash generation relative to profits.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	977.89M	890.18M	833.26M	716.57M	496.79M	376.61M
Gross Profit	429.68M	379.97M	390.93M	349.50M	202.58M	139.44M
EBITDA	216.30M	259.06M	289.44M	259.01M	127.69M	79.17M
Net Income	180.48M	161.31M	182.88M	155.74M	68.15M	23.88M
Balance Sheet
Total Assets	1.23B	1.02B	962.72M	734.31M	591.56M	530.11M
Cash, Cash Equivalents and Short-Term Investments	127.07M	137.53M	132.41M	105.72M	86.99M	70.06M
Total Debt	111.90M	109.31M	170.01M	169.48M	199.06M	224.49M
Total Liabilities	464.11M	385.46M	414.70M	383.98M	346.87M	321.57M
Stockholders Equity	763.97M	631.18M	548.02M	348.82M	243.86M	207.98M
Cash Flow
Free Cash Flow	140.18M	90.97M	60.87M	70.59M	65.74M	53.11M
Operating Cash Flow	165.87M	170.53M	138.83M	141.92M	117.25M	71.43M
Investing Cash Flow	-93.79M	-77.29M	-76.02M	-72.58M	-50.76M	-18.06M
Financing Cash Flow	-71.72M	-84.55M	-42.77M	-44.80M	-43.79M	-33.54M

Tecnoglass Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 59.24
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TGLS, the sentiment is Negative. The current price of 59.24 is below the 20-day moving average (MA) of 59.37, below the 50-day MA of 64.91, and below the 200-day MA of 72.67, indicating a bearish trend. The MACD of -3.23 indicates Positive momentum. The RSI at 18.34 is Positive, neither overbought nor oversold. The STOCH value of 4.34 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TGLS.

Tecnoglass Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CPAC	79 Outperform	$656.21M	10.35	16.04%	6.91%	9.24%	24.01%
TTAM	74 Outperform	$2.82B	―	―	0.78%	―	―
TGLS	70 Outperform	$2.63B	14.39	26.21%	1.21%	15.70%	19.92%
EXP	67 Neutral	$6.59B	15.17	30.10%	0.48%	1.50%	-4.44%
SMID	66 Neutral	$197.33M	16.76	27.87%	―	32.97%	160.17%
LOMA	64 Neutral	$1.36B	19.28	8.93%	―	-33.46%	-32.34%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%

Tecnoglass Corporate Events

Tecnoglass Achieves Record Revenue and Expands Backlog

Tecnoglass Inc. is a prominent manufacturer of high-end aluminum and vinyl windows and architectural glass, serving the residential and commercial markets globally, with a significant presence in the U.S. and Latin America. In the third quarter of 2025, Tecnoglass reported record revenues of $260.5 million, marking a 9.3% increase year-over-year, driven by organic growth and strategic market expansions. The company achieved notable financial metrics, including a net income of $47.2 million and an adjusted EBITDA of $79.1 million, reflecting strong profitability despite challenges such as elevated aluminum costs and currency fluctuations. Tecnoglass also expanded its backlog by 21.4% to a record $1.3 billion, highlighting its robust pipeline and market share gains. The company returned significant capital to shareholders through share repurchases and dividends, and announced an expansion of its share repurchase program to $150 million. Looking ahead, Tecnoglass remains optimistic about its growth prospects, with expectations of double-digit revenue growth in 2025 and 2026, supported by a strong backlog and ongoing strategic initiatives.

Tecnoglass Reports Strong Growth Amid Margin Pressures

Tecnoglass’ latest earnings call presented a mixed sentiment, reflecting a robust performance in revenue growth, backlog expansion, and shareholder returns, alongside challenges such as margin pressures from increased costs, currency fluctuations, and higher SG&A expenses. The company also adjusted its revenue guidance downward for the year, indicating some caution in its outlook.

Tecnoglass Secures New $500M Credit Agreement

On September 4, 2025, Tecnoglass Inc. entered into a new Credit Agreement with Wells Fargo Bank and other lenders, establishing a $500 million five-year secured revolving credit facility. This facility replaces the previous agreement with PNC Bank and offers reduced borrowing costs and extended maturity to 2030. The new facility, supported by a premier U.S. banking syndicate, enhances Tecnoglass’s financial flexibility, enabling it to capitalize on growth opportunities, particularly in the U.S. market, while maintaining a strong balance sheet.

The most recent analyst rating on (TGLS) stock is a Buy with a $77.00 price target. To see the full list of analyst forecasts on Tecnoglass stock, see the TGLS Stock Forecast page.

Tecnoglass Shines with Record Revenues and Growth

Tecnoglass Reports Record Revenues and Positive Outlook in Latest Earnings Call

Tecnoglass Reports Record Growth in Q2 2025

Tecnoglass Inc. is a prominent manufacturer of high-end aluminum and vinyl windows and architectural glass, serving both residential and commercial markets globally, with a significant presence in the U.S. and Latin America. The company has reported a record-breaking second quarter in 2025, with revenues reaching $255.5 million, marking a 16.3% increase year-over-year. This growth was driven by strong performance in both single-family residential and multi-family/commercial sectors, alongside strategic acquisitions and expansions. Key financial highlights include a gross margin expansion to 44.7%, net income of $44.1 million, and adjusted EBITDA of $79.8 million, reflecting a 24.5% increase from the previous year. The company’s backlog has also expanded to a record $1.2 billion, indicating strong future demand. Looking ahead, Tecnoglass is optimistic about continued growth, supported by its strategic initiatives, including the acquisition of Continental Glass Systems and plans for a new automated facility in Florida. The company has raised its full-year 2025 guidance, expecting revenues between $980 million and $1.02 billion, with an adjusted EBITDA growth of approximately 15% at the midpoint.