Tecnoglass Stock Performance
| TGLS Stock | USD 79.34 1.51 1.94% |
On a scale of 0 to 100, Tecnoglass holds a performance score of 12. The entity has a beta of 1.38, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Tecnoglass will likely underperform. Please check Tecnoglass' potential upside, and the relationship between the total risk alpha and kurtosis , to make a quick decision on whether Tecnoglass' existing price patterns will revert.
Risk-Adjusted Performance
12 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Tecnoglass are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively weak essential indicators, Tecnoglass unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 2.5 | Five Day Return 8.02 | Year To Date Return 80.08 | Ten Year Return 706 | All Time Return 729.85 |
Forward Dividend Yield 0.0055 | Payout Ratio 0.1235 | Forward Dividend Rate 0.44 | Dividend Date 2024-10-31 | Ex Dividend Date 2024-09-30 |
1 | Phantom V Fold 2 Has Giant Battery but Also a Two-Year Old Processor | 09/13/2024 |
2 | Q2 2024 Tecnoglass Inc Earnings Call Transcript | 10/09/2024 |
3 | Tecnoglass Inc.s Stock Is Going Strong Is the Market Following Fundamentals | 10/28/2024 |
| Tecnoglass dividend paid on 31st of October 2024 | 10/31/2024 |
4 | Tecnoglass Reports Record Third Quarter 2024 Results | 11/07/2024 |
5 | Earnings call Tecnoglass reports record Q3 revenues, raises dividend | 11/08/2024 |
6 | Disposition of 1432120 shares by Energy Holding Corp of Tecnoglass at 73.02 subject to Rule 16b-3 | 11/12/2024 |
7 | FMR LLC Reduces Stake in Tecnoglass Inc | 11/13/2024 |
8 | Victory Capital Management Inc. Has 27.33 Million Stock Position in Tecnoglass Inc. - MarketBeat | 11/18/2024 |
| Begin Period Cash Flow | 103.7 M |
Tecnoglass |
Tecnoglass Relative Risk vs. Return Landscape
If you would invest 6,249 in Tecnoglass on August 27, 2024 and sell it today you would earn a total of 1,685 from holding Tecnoglass or generate 26.96% return on investment over 90 days. Tecnoglass is currently generating 0.4048% in daily expected returns and assumes 2.5056% risk (volatility on return distribution) over the 90 days horizon. In different words, 22% of stocks are less volatile than Tecnoglass, and 92% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Tecnoglass Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tecnoglass' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Tecnoglass, and traders can use it to determine the average amount a Tecnoglass' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1616
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Estimated Market Risk
| 2.51 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.4 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Tecnoglass is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Tecnoglass by adding it to a well-diversified portfolio.
Tecnoglass Fundamentals Growth
Tecnoglass Stock prices reflect investors' perceptions of the future prospects and financial health of Tecnoglass, and Tecnoglass fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Tecnoglass Stock performance.
| Return On Equity | 0.27 | ||||
| Return On Asset | 0.14 | ||||
| Profit Margin | 0.18 % | ||||
| Operating Margin | 0.28 % | ||||
| Current Valuation | 3.73 B | ||||
| Shares Outstanding | 47 M | ||||
| Price To Earning | 55.77 X | ||||
| Price To Book | 6.08 X | ||||
| Price To Sales | 4.41 X | ||||
| Revenue | 833.26 M | ||||
| Gross Profit | 349.5 M | ||||
| EBITDA | 289.44 M | ||||
| Net Income | 182.88 M | ||||
| Cash And Equivalents | 105.36 M | ||||
| Cash Per Share | 2.21 X | ||||
| Total Debt | 170.01 M | ||||
| Debt To Equity | 0.64 % | ||||
| Current Ratio | 2.04 X | ||||
| Book Value Per Share | 13.05 X | ||||
| Cash Flow From Operations | 138.83 M | ||||
| Earnings Per Share | 3.20 X | ||||
| Market Capitalization | 3.73 B | ||||
| Total Asset | 962.72 M | ||||
| Retained Earnings | 400.04 M | ||||
| Working Capital | 299.87 M | ||||
| Current Asset | 167.38 M | ||||
| Current Liabilities | 136.75 M | ||||
About Tecnoglass Performance
Assessing Tecnoglass' fundamental ratios provides investors with valuable insights into Tecnoglass' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Tecnoglass is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 131.26 | 85.78 | |
| Return On Tangible Assets | 0.20 | 0.21 | |
| Return On Capital Employed | 0.36 | 0.38 | |
| Return On Assets | 0.19 | 0.20 | |
| Return On Equity | 0.33 | 0.35 |
Things to note about Tecnoglass performance evaluation
Checking the ongoing alerts about Tecnoglass for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Tecnoglass help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Tecnoglass is unlikely to experience financial distress in the next 2 years | |
| Tecnoglass has a poor financial position based on the latest SEC disclosures | |
| About 49.0% of the company outstanding shares are owned by corporate insiders | |
| On 31st of October 2024 Tecnoglass paid $ 0.11 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Victory Capital Management Inc. Has 27.33 Million Stock Position in Tecnoglass Inc. - MarketBeat |
- Analyzing Tecnoglass' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Tecnoglass' stock is overvalued or undervalued compared to its peers.
- Examining Tecnoglass' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Tecnoglass' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Tecnoglass' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Tecnoglass' stock. These opinions can provide insight into Tecnoglass' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Tecnoglass Stock Analysis
When running Tecnoglass' price analysis, check to measure Tecnoglass' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tecnoglass is operating at the current time. Most of Tecnoglass' value examination focuses on studying past and present price action to predict the probability of Tecnoglass' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tecnoglass' price. Additionally, you may evaluate how the addition of Tecnoglass to your portfolios can decrease your overall portfolio volatility.