TPI Composites Financials

TPIC Stock  USD 1.34  0.17  11.26%   
Based on the key indicators related to TPI Composites' liquidity, profitability, solvency, and operating efficiency, TPI Composites may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, TPI Composites' Net Debt is projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 20.5 M, whereas Total Assets are forecasted to decline to about 641.2 M. Key indicators impacting TPI Composites' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio0.971.3019
Way Down
Slightly volatile
The essential information of the day-to-day investment outlook for TPI Composites includes many different criteria found on its balance sheet. An individual investor should monitor TPI Composites' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in TPI Composites.

Net Income

(191.69 Million)

  
Please note, the presentation of TPI Composites' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, TPI Composites' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of TPI Composites' management manipulating its earnings.

TPI Composites Stock Summary

TPI Composites competes with Babcock Wilcox, Franklin Electric, Crane, Luxfer Holdings, and CSW Industrials. TPI Composites, Inc. manufactures and sells composite wind blades, and related precision molding and assembly systems to original equipment manufacturers . TPI Composites, Inc. was founded in 1968 and is headquartered in Scottsdale, Arizona. Tpi Composites operates under Specialty Industrial Machinery classification in the United States and is traded on NASDAQ Exchange. It employs 14000 people.
Specialization
Industrials, Specialty Industrial Machinery
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS87266J1043
CUSIP87266J104
LocationArizona; U.S.A
Business Address9200 East Pima
SectorElectrical Equipment
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.tpicomposites.com
Phone480 305 8910
CurrencyUSD - US Dollar

TPI Composites Key Financial Ratios

TPI Composites Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets826.7M956.3M1.0B962.2M804.1M641.2M
Other Current Liab47.6M24.8M96.6M54.6M20.2M19.2M
Net Debt201.6M269.0M1.6M83.2M463.3M486.4M
Retained Earnings(90.7M)(109.7M)(269.3M)(334.6M)(536.3M)(509.5M)
Accounts Payable293.1M296.0M282.5M280.5M227.7M191.9M
Cash70.3M129.9M242.2M133.5M161.1M109.5M
Net Receivables350.5M368.7M333.2M426.1M284.0M221.6M
Inventory6.7M10.8M11.5M10.7M9.4M8.9M
Other Current Assets29.8M62.8M91.9M103.7M48.0M34.1M
Total Liab621.6M755.2M756.7M911.7M926.4M577.4M
Total Current Assets468.4M548.2M660.3M645.2M503.1M420.6M
Intangible Assets5.7M5.7M3.5M3.3M2.4M3.8M
Short Term Debt30.1M84.7M88.7M104.4M114.5M63.6M
Other Liab3.3M8.9M11.0M10.7M12.3M6.4M
Net Tangible Assets199.5M198.2M370.1M357.6M411.2M431.8M
Other Assets25.4M192.1M40.7M24.2M27.9M43.0M
Long Term Debt127.9M184.3M8.2M1.2M414.7M435.5M
Short Long Term Debt13.5M32.6M66.4M60.0M70.5M50.1M
Common Stock353K368K374K424K470K405.6K
Long Term Debt Total127.9M184.3M8.2M1.2M1.1M1.0M
Capital Surpluse322.9M349.5M451.4M407.6M468.7M383.0M

TPI Composites Key Income Statement Accounts

201920202021202220232024 (projected)
Total Revenue1.4B1.7B1.7B1.5B1.5B1.1B
Gross Profit77.8M64.1M(31.6M)14.6M(87.5M)(83.2M)
Operating Income3.2M(15.1M)(97.7M)(17.7M)(163.6M)(155.4M)
Ebit3.2M(49.7M)(112.4M)(20.9M)(166.8M)(158.4M)
Ebitda41.7M(55K)(59.8M)24.6M(127.9M)(121.5M)
Cost Of Revenue1.4B1.6B1.8B1.5B1.5B1.0B
Income Before Tax7.4M(7.7M)(132.8M)(25.9M)(178.9M)(169.9M)
Net Income(15.7M)(19.0M)(159.5M)(55.6M)(201.8M)(191.7M)
Income Tax Expense23.1M11.3M26.8M29.6M17.6M11.7M
Interest Expense8.2M10.5M13.6M5.0M12.1M11.5M
Tax Provision23.1M11.3M26.8M29.6M17.6M15.8M
Interest Income95K181K157K102K91.8K87.2K
Net Interest Income(8.0M)(10.4M)(13.6M)(5.0M)(12.1M)(12.7M)

TPI Composites Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(17.6M)58.4M122.0M(99.1M)19.7M10.6M
Free Cash Flow(17.3M)(28.1M)(62.6M)(81.1M)(117.1M)(111.3M)
Depreciation38.6M49.7M52.6M45.5M38.9M28.9M
Other Non Cash Items22.3M12.2M14.2M27.4M50.8M53.4M
Capital Expenditures74.4M65.7M37.1M18.8M36.1M38.4M
Net Income(15.7M)(19.0M)(159.5M)(65.3M)(201.8M)(191.7M)
End Period Cash Flow71.7M130.2M252.2M153.1M172.8M113.0M
Change To Inventory(1.1M)(4.3M)(1.0M)(639K)1.9M2.0M
Net Borrowings7.0M81.1M(139.3M)30.4M27.4M28.8M
Change To Netincome32.7M14.2M23.6M53.9M62.0M65.1M
Investments(75.5M)(65.7M)(37.1M)(18.8M)(10.4M)(10.9M)
Change Receivables(19.4M)43.0M(34.7M)(42.0M)(37.8M)(35.9M)

TPI Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining TPI Composites's current stock value. Our valuation model uses many indicators to compare TPI Composites value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across TPI Composites competition to find correlations between indicators driving TPI Composites's intrinsic value. More Info.
TPI Composites is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . At present, TPI Composites' Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the TPI Composites' earnings, one of the primary drivers of an investment's value.

TPI Composites Systematic Risk

TPI Composites' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. TPI Composites volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on TPI Composites correlated with the market. If Beta is less than 0 TPI Composites generally moves in the opposite direction as compared to the market. If TPI Composites Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one TPI Composites is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of TPI Composites is generally in the same direction as the market. If Beta > 1 TPI Composites moves generally in the same direction as, but more than the movement of the benchmark.

TPI Composites Thematic Clasifications

TPI Composites is part of Climate Change investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. A subset of companies across different industries and markets, that have embraced or working towards promoting renewable energy equipment, product, or services. Large and medium sized entities that are committing to fully or partially replace some traditional services or products with renewables sources of energy in order to combat global climate change
Climate ChangeView
This theme covers A subset of companies across different industries and markets, that have embraced or working towards promoting renewable energy equipment, product, or services. Large and medium sized entities that are committing to fully or partially replace some traditional services or products with renewables sources of energy in order to combat global climate change. Get More Thematic Ideas
Today, most investors in TPI Composites Stock are looking for potential investment opportunities by analyzing not only static indicators but also various TPI Composites' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of TPI Composites growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.004273)

At present, TPI Composites' Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

TPI Composites December 11, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of TPI Composites help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of TPI Composites. We use our internally-developed statistical techniques to arrive at the intrinsic value of TPI Composites based on widely used predictive technical indicators. In general, we focus on analyzing TPI Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build TPI Composites's daily price indicators and compare them against related drivers.

Complementary Tools for TPI Stock analysis

When running TPI Composites' price analysis, check to measure TPI Composites' 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 TPI Composites is operating at the current time. Most of TPI Composites' value examination focuses on studying past and present price action to predict the probability of TPI Composites' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TPI Composites' price. Additionally, you may evaluate how the addition of TPI Composites to your portfolios can decrease your overall portfolio volatility.
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