| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | — | — | — | 3 | — | 1 | — | — | — | — |
| Sell | — | — | — | — | — | — | — | — | — | — | — | — |
| total | individual payouts | |
|---|---|---|
| 2028 | ‡‡‡ |
|
| 2027 | ‡‡‡ |
|
| 2026 | 0.60 |
—
—
—
|
| 2025 | 0.60 |
—
—
—
—
|
| 2024 | 0.48 |
—
—
—
—
|
| 2023 | 0.36 |
—
—
—
—
|
| 2022 | 0.28 |
—
—
—
—
|
| 2021 | 0.15 |
—
—
—
—
|
| 2020 | 0.11 |
—
—
—
—
|
| 2019 | 0.56 |
—
—
—
—
|
| 2018 | 0.42 |
—
—
—
|
| 2017 | 0.53 |
—
—
—
—
|
| 2016 | 0.25 |
—
—
|
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Cash | 132.42 | 137.53 | 104.05 | 84.28 |
| Receivables | 166.50 | 202.92 | 239.45 | 287.47 |
| Inventory | 159.07 | 139.64 | 213.52 | 271.60 |
| Other | 77.78 | 79.93 | 96.54 | 86.86 |
| 535.76 | 560.01 | 653.56 | 730.20 |
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Payables | 82.78 | 98.84 | 127.23 | 178.85 |
| ST’ Debt | 7.00 | 1.09 | 0.43 | 6.16 |
| Other | 141.84 | 158.82 | 217.36 | 200.97 |
| 235.89 | 265.83 | 351.75 | 392.66 |
| 10y | 5y | 3y | |
| Sales | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Earnings | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Book Value | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 249.01 | 295.29 | — | — |
—
|
| ’25 | 222.29 | 255.55 | 260.48 | 245.30 |
983.61
|
| ’24 | 192.63 | 219.65 | 238.33 | 239.57 |
890.18
|
| ’23 | 202.64 | 225.28 | 210.74 | 194.60 |
833.27
|
| ’22 | 134.55 | 169.12 | 201.78 | 211.12 |
716.57
|
| ’21 | 111.56 | 121.75 | 131.66 | 131.82 |
496.79
|
| ’20 | 87.30 | 81.94 | 103.31 | 104.06 |
376.61
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 6.72 | 4.40 | — | — |
—
|
| ’25 | 46.90 | 17.86 | 39.99 | 31.01 |
135.76
|
| ’24 | 33.45 | 34.50 | 41.46 | 61.13 |
170.53
|
| ’23 | 43.06 | 0.15 | 51.27 | 44.34 |
138.83
|
| ’22 | 27.14 | 35.86 | 29.10 | 49.82 |
141.92
|
| ’21 | 28.65 | 31.46 | 32.72 | 24.43 |
117.25
|
| ’20 | 0.55 | 24.24 | 26.24 | 20.69 |
71.71
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | (10.55) | (31.00) | — | — |
—
|
| ’25 | 28.78 | (14.65) | 21.23 | 11.44 |
46.81
|
| ’24 | 23.56 | 14.20 | 17.78 | 35.44 |
90.97
|
| ’23 | 27.51 | (22.18) | 26.96 | 28.58 |
60.87
|
| ’22 | 17.88 | 18.87 | 8.53 | 25.31 |
70.59
|
| ’21 | 22.95 | 18.84 | 19.04 | 5.03 |
65.87
|
| ’20 | (5.92) | 23.32 | 19.90 | 16.10 |
53.39
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 0.71 | 0.55 | — | — |
—
|
| ’25 | 0.90 | 0.94 | 1.01 | 0.57 |
3.42
|
| ’24 | 0.63 | 0.75 | 1.05 | 1.00 |
3.43
|
| ’23 | 1.01 | 1.10 | 0.97 | 0.77 |
3.85
|
| ’22 | 0.44 | 0.70 | 0.98 | 1.16 |
3.28
|
| ’21 | 0.17 | 0.40 | 0.44 | 0.41 |
1.43
|
| ’20 | (0.40) | 0.35 | 0.18 | 0.40 |
0.52
|
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ‡‡‡‡ | ‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡ | 16.05 | 28.21 | 40.94 | 44.26 | — | — | — |
Low Price
|
| ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | 32.70 | 54.40 | 86.08 | 90.34 | — | — | — |
High Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 8,770 | 8,531 | 9,837 | 9,601 | — | — | — |
Employees
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.08 | 0.10 | 0.09 | 0.10 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 716.57 | 833.27 | 890.18 | 983.61 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 48.77% | 46.92% | 42.68% | 42.84% | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 231.17 | 261.41 | 225.16 | 235.29 | ‡‡‡‡‡ | — | — |
EBT
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 32.26% | 31.37% | 25.29% | 23.92% | ‡‡‡ | ‡‡‡ | ‡‡‡ |
EBT Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 156.41 | 183.51 | 161.31 | 159.57 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Net Income
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 19.69 | 21.88 | 26.47 | 36.77 | — | — | — |
Depreciation
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 15.03 | 17.54 | 18.94 | 21.07 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue/Sh
|
| ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | 3.28 | 3.85 | 3.43 | 3.42 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ |
Earnings/Sh
|
| ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.98 | 2.92 | 3.63 | 2.91 | ‡‡‡‡ | — | — |
Cash Flow/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (1.50) | (1.64) | (1.69) | (1.91) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Capex/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.48 | 1.28 | 1.94 | 1.00 | — | — | — |
Free CF/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 7.35 | 11.54 | 13.43 | 15.28 | ‡‡‡‡‡ | — | — |
Book Value/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 47.68 | 47.51 | 47.00 | 46.68 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Shares
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 9.50 | 11.73 | 23.13 | 14.71 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
PE Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.07 | 2.57 | 4.19 | 2.39 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PS Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 4.24 | 3.92 | 5.91 | 3.29 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PB Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.16 | 2.62 | 4.16 | 2.46 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
EV/Sales
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 21.95 | 35.87 | 40.67 | 51.63 | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 141.92 | 138.83 | 170.53 | 135.76 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Op' Cash Flow
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (71.33) | (77.96) | (79.56) | (88.95) | ‡‡‡‡‡ | ‡‡‡‡‡ | — |
Capex
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 70.59 | 60.87 | 90.97 | 46.81 | ‡‡‡‡‡ | — | — |
FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 222.33 | 299.87 | 294.18 | 301.81 | — | — | — |
Working Cap'
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 169.48 | 170.01 | 109.31 | 171.63 | — | — | — |
Total Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 63.76 | 37.59 | (28.22) | 67.58 | — | — | — |
Net Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 350.33 | 548.02 | 631.18 | 713.05 | — | — | — |
Sh' Equity
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 23.49% | 21.55% | 16.30% | 14.02% | ‡‡‡‡‡ | — | — |
ROA
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 34.17% | 27.72% | 23.53% | 18.47% | — | — | — |
ROIC
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 52.35% | 40.72% | 27.36% | 23.74% | ‡‡‡‡ | — | — |
ROE
|
Tecnoglass Inc. (TGLS), a key player in architectural glass and aluminum frames for U.S. high-rise construction, has delivered robust growth since 2016, scaling revenues from $305 million to $890 million by 2024 at a 14%+ CAGR, fueled by post-pandemic demand in Florida and Southeast markets, hurricane-resistant product backlogs, and operational leverage—evidenced by revenue per employee rising to over $90,500. Profitability exploded with EBT margins peaking at 31.4% in 2023, supported by gross margin expansion to 48.8% via vertical integration, while a fortress balance sheet emerged through $150 million debt reduction and equity tripling to $631 million.
Cash flows strengthened, with 2024 free cash flow at $91 million funding capex amid stable shares outstanding, driving EPS from $0.16 in 2017 to a projected $4.55 by 2027 (+33%). Stock gains of ~500% since 2020 lows reflect premium valuations (P/E 23x, P/S 4.2x), yet insider selling totaling $241 million and moderating margins amid input costs and construction slowdowns signal caution.
Analysts forecast 10% revenue CAGR through 2027, with 36% average upside to price targets, positioning TGLS as a compelling growth story in building products—balancing cyclical risks with superior ROE (>25%) and debt-light flexibility for buybacks.
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