Smith-Midland Corp. (SMID) vs Tecnoglass Holdings Inc. (TGLS)

Smith-Midland Corp. and Tecnoglass Holdings Inc. are both Building Materials companies. Tecnoglass Holdings Inc. is the larger, with a market value of $1.5B against $127.4M — 12.1× the size. Tecnoglass Holdings Inc. trades at the lower P/E: 12.5× against 16.7×. Tecnoglass Holdings Inc. grew revenue faster over the last twelve months: 9.87% against −1.65%. Tecnoglass Holdings Inc. has the higher net margin (12.4% vs 8.63%) and the lower return on invested capital (12.9% vs 13.5%). Across the 21 metrics below, Tecnoglass Holdings Inc. leads on 12 and Smith-Midland Corp. on 9.

Valuation

Metric SMID TGLS Building Materials median
P/E 16.74 12.54 17.22
P/S 1.44 1.50 1.54
P/B 2.26 2.00 2.26
Price to free cash flow 30.77 n/m 30.28
EV/EBITDA 8.51 7.37 9.38
EV/Sales 1.37 1.64 1.85
Earnings yield 5.97% 7.98% 4.53%
Free cash flow yield 3.25% (0.56%) 3.08%

Profitability

Metric SMID TGLS Building Materials median
Gross margin 23.46% 39.56% 27.27%
Operating margin 12.07% 18.26% 13.85%
Net margin 8.63% 12.36% 9.59%
Free cash flow margin 4.68% (0.85%) 8.06%
Return on equity 14.54% 17.02% 9.62%
Return on assets 9.21% 9.94% 5.86%
Return on invested capital 13.54% 12.88% 6.03%

Growth

Metric SMID TGLS Building Materials median
Revenue growth (TTM) (1.65%) 9.87% 6.93%
EPS growth (last fiscal year) 62.76% (0.29%) —
Revenue growth, 5-year CAGR 16.33% 21.17% 7.63%
Net income growth, 5-year CAGR 36.23% 46.22% 7.04%

Health

Metric SMID TGLS Building Materials median
Debt to equity 0.06 0.29 0.51
Current ratio 4.06 1.86 1.58
Net debt to EBITDA (0.41) 0.25 1.48

Dividend

Metric SMID TGLS Building Materials median
Dividend yield — 0.74% 0.74%
Payout ratio 0.00 0.08 0.08

Size

Metric SMID TGLS Building Materials median
Market cap 127.42m 1.54b 2.76b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack