Tecnoglass Inc (TGLS) Files 10-K for the Fiscal Year Ended on December 31, 2018

GuruFocus.com

Fri, Mar 8, 2019, 7:48 PM

Tecnoglass Inc (TGLS) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Tecnoglass Inc designs, manufactures, distributes, and markets architectural glass and windows. The company's products portfolio includes tempered, laminated, insulating and Low-E glass. Tecnoglass Inc has a market cap of $337.240 million; its shares were traded at around $8.99 with a P/E ratio of 23.73 and P/S ratio of 0.90. The dividend yield of Tecnoglass Inc stocks is 6.24%.

Warning! GuruFocus has detected 3 Warning Sign with TGLS. Click here to check it out.
TGLS 15-Year Financial Data
The intrinsic value of TGLS
Peter Lynch Chart of TGLS

For the last quarter Tecnoglass Inc reported a revenue of $97.0 million, compared with the revenue of $83.38 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $371.0 million, an increase of 18% from last year. For the last five years Tecnoglass Inc had an average revenue decline of 0% a year.

The reported diluted earnings per share was 22 cents for the year, an increase of 37.5% from previous year. The Tecnoglass Inc had a decent operating margin of 12.72%, compared with the operating margin of 10.93% a year before. The 10-year historical median operating margin of Tecnoglass Inc is 14.74%. The profitability rank of the company is 6 (out of 10).

At the end of the fiscal year, Tecnoglass Inc has the cash and cash equivalents of $33.0 million, compared with $40.9 million in the previous year. The long term debt was $220.7 million, compared with $221.0 million in the previous year. The interest coverage to the debt is 2.2, which is not a favorable level. Tecnoglass Inc has a financial strength rank of 5 (out of 10).

At the current stock price of $8.99, Tecnoglass Inc is traded at 29.8% discount to its historical median P/S valuation band of $12.80. The P/S ratio of the stock is 0.90, while the historical median P/S ratio is 1.26. The stock gained 2.50% during the past 12 months.

Directors and Officers Recent Trades:

Director Martha L Byorum sold 5,994 shares of TGLS stock on 02/13/2019 at the average price of $8.46. The price of the stock has increased by 6.26% since.
Director Martha L Byorum sold 5,994 shares of TGLS stock on 02/13/2019 at the average price of $8.46. The price of the stock has increased by 6.26% since.

For the complete 20-year historical financial data of TGLS, click here.

This article first appeared on GuruFocus.