Item 1. Business. Tecnoglass is a leading vertically integrated manufacturer, supplier and installer of high-end aluminum and vinyl windows and architectural glass for the global commercial and residential construction markets. Tecnoglass earned the #1 spot on Forbe’s list of America’s 100 most successful small-cap companies for 2024, and was ranked among the four largest glass fabricators in 2025 by Glass Magazine. Headquartered Miami, Florida,, the Company maintains its principal manufacturing operations in Colombia and operates out of aproximately 6.5 million square foot vertically-integrated, state-of-the-art manufacturing and operational footprint across Colombia and the United States that provides easy access to the Americas, the Caribbean, and the Pacific. Tecnoglass supplies over 1,000 customers in North, Central and South America, with the United States accounting for 96% of revenues.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 984M | 984M | 890M | 833M | 717M | 497M |
| Net Income | 160M | 160M | 161M | 183M | 156M | 68M |
| EPS | $3.42 | $3.42 | $3.43 | $3.85 | $3.27 | $1.44 |
| Free Cash Flow | 34M | 34M | 91M | 61M | 71M | 66M |
| ROIC | 20.0% | 22.6% | 26.9% | 30.8% | 37.1% | 22.5% |
| Gross Margin | 42.8% | 42.8% | 42.7% | 46.9% | 48.8% | 40.8% |
| Debt/Equity | 0.24 | 0.24 | 0.17 | 0.32 | 0.49 | 0.86 |
| Dividends/Share | $0.60 | $0.60 | $0.42 | $0.35 | $0.27 | $0.11 |
| Operating Income | 231M | 231M | 227M | 260M | 226M | 117M |
| Operating Margin | 23.5% | 23.5% | 25.5% | 31.2% | 31.6% | 23.5% |
| ROE | 22.4% | 23.7% | 25.6% | 33.4% | 44.6% | 27.9% |
| Shares Outstanding | 47M | 47M | 47M | 48M | 48M | 47M |
Tecnoglass Inc. passes 7 of 9 quality checks, indicating strong fundamentals.
Tecnoglass Inc. trades at 13.4x trailing earnings, compared to its 15-year median P/E of 14.3x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 59.3x vs a median of 30.4x. The company's 5-year average ROIC is 28.0% with a gross margin of 44.4%. Total shareholder yield (dividends + buybacks) is 6.8%. At current prices, the estimated annualized return to fair value is +24.5%.
Tecnoglass Inc. (TGLS) has a current P/E ratio of 13.4, compared to its historical median P/E of 14.3. The stock is currently considered Fair based on its historical valuation range.
Tecnoglass Inc. (TGLS) has a 5-year average return on invested capital (ROIC) of 28.0%. This indicates strong capital allocation and a potential competitive advantage.
Tecnoglass Inc. (TGLS) has a market capitalization of $2.1B. It is classified as a mid-cap stock.
Yes, Tecnoglass Inc. (TGLS) pays a dividend with a trailing twelve-month yield of 1.32%. The company also returns capital through share buybacks, with a buyback yield of 5.53%.
Based on historical P/E analysis, Tecnoglass Inc. (TGLS) appears fair. The current P/E of 13.4 is 7% below its historical median of 14.3. The estimated fair value CAGR (P/E method) is 57.3%.
Tecnoglass Inc. (TGLS) operates in the Flat Glass industry, within the Materials sector.
Tecnoglass Inc. (TGLS) reported annual revenue of $984 million in its most recent fiscal year, based on SEC EDGAR filings.
Tecnoglass Inc. (TGLS) has a net profit margin of 16.2%. This is a healthy margin.
Tecnoglass Inc. (TGLS) generated $34 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
Tecnoglass Inc. (TGLS) has a debt-to-equity ratio of 0.24. This indicates a conservatively financed balance sheet.
Tecnoglass Inc. (TGLS) reported earnings per share (EPS) of $3.42 in its most recent fiscal year.
Tecnoglass Inc. (TGLS) has a return on equity (ROE) of 23.7%. This indicates the company generates strong returns for shareholders.
Tecnoglass Inc. (TGLS) has a 5-year average gross margin of 44.4%. This indicates decent pricing power.
The Ledger Terminal provides 14 years of financial data for Tecnoglass Inc. (TGLS), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Tecnoglass Inc. (TGLS) has a book value per share of $15.28, based on its most recent annual SEC filing.