Tecnoglass Stock Return On Equity

TGLS Stock

USD 81.84 1.89 2.36%

Tecnoglass fundamentals help investors to digest information that contributes to Tecnoglass' financial success or failures. It also enables traders to predict the movement of Tecnoglass Stock. The fundamental analysis module provides a way to measure Tecnoglass' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Tecnoglass stock.

		Last Reported	Projected for Next Year
	Return On Equity	0.33	0.35

Return On Equity is likely to gain to 0.35 in 2024.

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Tecnoglass Company Return On Equity Analysis

Tecnoglass' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Tecnoglass Return On Equity

0.27

Most of Tecnoglass' fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tecnoglass is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Tecnoglass Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Tecnoglass is extremely important. It helps to project a fair market value of Tecnoglass Stock properly, considering its historical fundamentals such as Return On Equity. Since Tecnoglass' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Tecnoglass' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Tecnoglass' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Capital Surpluse	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Long Term Debt	Good Will	Short Term Investments	Intangible Assets	Property Plant Equipment	Short Long Term Debt	Long Term Debt Total	Long Term Investments	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.79	0.83	0.34	0.64	0.94	0.94	0.94	0.93	1.0	-0.13	0.95	0.6	0.76	0.85	0.04	0.48	0.93	-0.82	0.77	-0.55	0.82	0.84	0.8
Total Stockholder Equity	0.79		0.98	-0.11	0.95	0.7	0.73	0.71	0.65	0.79	-0.29	0.71	0.91	0.48	0.66	0.24	0.24	0.68	-0.63	0.56	-0.38	0.9	0.9	0.9
Net Tangible Assets	0.83	0.98		-0.06	0.9	0.77	0.77	0.79	0.7	0.83	-0.34	0.77	0.88	0.54	0.71	0.22	0.24	0.73	-0.68	0.59	-0.42	0.89	0.89	0.91
Net Debt	0.34	-0.11	-0.06		-0.35	0.42	0.4	0.42	0.62	0.33	0.26	0.46	-0.42	0.78	0.45	-0.51	0.82	0.5	-0.57	0.7	-0.66	-0.19	-0.12	-0.09
Retained Earnings	0.64	0.95	0.9	-0.35		0.55	0.57	0.5	0.46	0.64	-0.21	0.5	0.93	0.24	0.44	0.26	0.04	0.54	-0.46	0.32	-0.16	0.86	0.84	0.79
Accounts Payable	0.94	0.7	0.77	0.42	0.55		0.95	0.88	0.95	0.96	-0.01	0.91	0.52	0.77	0.82	-0.2	0.54	0.92	-0.79	0.74	-0.58	0.67	0.68	0.65
Net Receivables	0.94	0.73	0.77	0.4	0.57	0.95		0.9	0.92	0.95	-0.12	0.88	0.54	0.78	0.85	-0.09	0.57	0.9	-0.74	0.76	-0.6	0.74	0.77	0.71
Capital Surpluse	0.94	0.71	0.79	0.42	0.5	0.88	0.9		0.9	0.94	-0.28	0.95	0.51	0.84	0.92	0.09	0.53	0.87	-0.83	0.85	-0.64	0.74	0.77	0.81
Total Liab	0.93	0.65	0.7	0.62	0.46	0.95	0.92	0.9		0.93	0.04	0.94	0.39	0.91	0.85	-0.23	0.69	0.95	-0.89	0.88	-0.67	0.59	0.63	0.62
Total Current Assets	1.0	0.79	0.83	0.33	0.64	0.96	0.95	0.94	0.93		-0.13	0.94	0.6	0.75	0.86	0.02	0.49	0.92	-0.79	0.76	-0.55	0.82	0.84	0.79
Short Term Debt	-0.13	-0.29	-0.34	0.26	-0.21	-0.01	-0.12	-0.28	0.04	-0.13		-0.1	-0.39	-0.06	-0.24	-0.67	0.07	0.07	0.03	-0.17	0.35	-0.35	-0.36	-0.39
Common Stock	0.95	0.71	0.77	0.46	0.5	0.91	0.88	0.95	0.94	0.94	-0.1		0.49	0.83	0.86	0.0	0.49	0.88	-0.83	0.82	-0.54	0.71	0.74	0.78
Current Deferred Revenue	0.6	0.91	0.88	-0.42	0.93	0.52	0.54	0.51	0.39	0.6	-0.39	0.49		0.18	0.49	0.37	-0.04	0.43	-0.34	0.27	-0.13	0.85	0.81	0.82
Long Term Debt	0.76	0.48	0.54	0.78	0.24	0.77	0.78	0.84	0.91	0.75	-0.06	0.83	0.18		0.81	-0.22	0.83	0.84	-0.92	0.98	-0.81	0.38	0.43	0.49
Good Will	0.85	0.66	0.71	0.45	0.44	0.82	0.85	0.92	0.85	0.86	-0.24	0.86	0.49	0.81		0.11	0.68	0.76	-0.75	0.84	-0.67	0.66	0.7	0.72
Short Term Investments	0.04	0.24	0.22	-0.51	0.26	-0.2	-0.09	0.09	-0.23	0.02	-0.67	0.0	0.37	-0.22	0.11		-0.34	-0.25	0.16	-0.08	0.18	0.45	0.43	0.46
Intangible Assets	0.48	0.24	0.24	0.82	0.04	0.54	0.57	0.53	0.69	0.49	0.07	0.49	-0.04	0.83	0.68	-0.34		0.59	-0.67	0.82	-0.84	0.1	0.16	0.14
Property Plant Equipment	0.93	0.68	0.73	0.5	0.54	0.92	0.9	0.87	0.95	0.92	0.07	0.88	0.43	0.84	0.76	-0.25	0.59		-0.91	0.81	-0.62	0.63	0.64	0.62
Short Long Term Debt	-0.82	-0.63	-0.68	-0.57	-0.46	-0.79	-0.74	-0.83	-0.89	-0.79	0.03	-0.83	-0.34	-0.92	-0.75	0.16	-0.67	-0.91		-0.92	0.7	-0.5	-0.53	-0.58
Long Term Debt Total	0.77	0.56	0.59	0.7	0.32	0.74	0.76	0.85	0.88	0.76	-0.17	0.82	0.27	0.98	0.84	-0.08	0.82	0.81	-0.92		-0.83	0.46	0.51	0.56
Long Term Investments	-0.55	-0.38	-0.42	-0.66	-0.16	-0.58	-0.6	-0.64	-0.67	-0.55	0.35	-0.54	-0.13	-0.81	-0.67	0.18	-0.84	-0.62	0.7	-0.83		-0.23	-0.28	-0.27
Net Invested Capital	0.82	0.9	0.89	-0.19	0.86	0.67	0.74	0.74	0.59	0.82	-0.35	0.71	0.85	0.38	0.66	0.45	0.1	0.63	-0.5	0.46	-0.23		0.99	0.92
Net Working Capital	0.84	0.9	0.89	-0.12	0.84	0.68	0.77	0.77	0.63	0.84	-0.36	0.74	0.81	0.43	0.7	0.43	0.16	0.64	-0.53	0.51	-0.28	0.99		0.92
Capital Stock	0.8	0.9	0.91	-0.09	0.79	0.65	0.71	0.81	0.62	0.79	-0.39	0.78	0.82	0.49	0.72	0.46	0.14	0.62	-0.58	0.56	-0.27	0.92	0.92

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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.

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Return On Equity Over Time

Tecnoglass Total Stockholder Equity

Total Stockholder Equity

575.42 Million

At this time, Tecnoglass' Total Stockholder Equity is comparatively stable compared to the past year.

Based on the latest financial disclosure, Tecnoglass has a Return On Equity of 0.2662. This is 70.75% lower than that of the Construction Materials sector and 88.72% lower than that of the Materials industry. The return on equity for all United States stocks is 185.87% lower than that of the firm.

Tecnoglass Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tecnoglass' direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tecnoglass could also be used in its relative valuation, which is a method of valuing Tecnoglass by comparing valuation metrics of similar companies.

Tecnoglass is currently under evaluation in return on equity category among its peers.

Tecnoglass Current Valuation Drivers

We derive many important indicators used in calculating different scores of Tecnoglass from analyzing Tecnoglass' financial statements. These drivers represent accounts that assess Tecnoglass' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Tecnoglass' important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	366.8M	320.6M	1.2B	1.5B	2.2B	2.3B
Enterprise Value	578.8M	478.2M	1.4B	1.5B	2.2B	2.3B

Tecnoglass ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Tecnoglass' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Tecnoglass' managers, analysts, and investors.

Environmental

Governance

Social

Tecnoglass Fundamentals

	Return On Equity	0.27
	Return On Asset	0.14
	Profit Margin	0.18 %
	Operating Margin	0.28 %
	Current Valuation	3.76 B
	Shares Outstanding	47 M
	Shares Owned By Insiders	49.36 %
	Shares Owned By Institutions	46.80 %
	Number Of Shares Shorted	1.67 M
	Price To Earning	55.77 X
	Price To Book	6.13 X
	Price To Sales	4.45 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
	Short Ratio	7.20 X
	Earnings Per Share	3.20 X
	Price To Earnings To Growth	0.42 X
	Target Price	83.25
	Number Of Employees	8.53 K
	Beta	1.87
	Market Capitalization	3.76 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
	Annual Yield	0.01 %
	Five Year Return	4.69 %
	Net Asset	962.72 M
	Last Dividend Paid	0.42

About Tecnoglass Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Tecnoglass's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tecnoglass using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tecnoglass based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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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.

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