Tecnoglass EBITDA vs. Return On Asset

TGLS Stock  USD 80.06  0.76  0.96%   
Based on Tecnoglass' profitability indicators, Tecnoglass is performing exceptionally good at this time. It has a great probability to showcase excellent profitability results in January. Profitability indicators assess Tecnoglass' ability to earn profits and add value for shareholders.
 
EBITDA  
First Reported
2010-12-31
Previous Quarter
289.4 M
Current Value
303.9 M
Quarterly Volatility
97.8 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
At this time, Tecnoglass' Price To Sales Ratio is comparatively stable compared to the past year. Days Sales Outstanding is likely to gain to 147.69 in 2024, whereas EV To Sales is likely to drop 1.45 in 2024. At this time, Tecnoglass' Interest Income is comparatively stable compared to the past year. Change To Netincome is likely to gain to about 17.9 M in 2024, whereas Net Interest Income is likely to drop (13.1 M) in 2024.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.290.4692
Way Down
Slightly volatile
Operating Profit Margin0.330.3117
Notably Up
Slightly volatile
Pretax Profit Margin0.330.3137
Sufficiently Up
Slightly volatile
For Tecnoglass profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tecnoglass to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tecnoglass utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tecnoglass's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tecnoglass over time as well as its relative position and ranking within its peers.
  

Tecnoglass' Revenue Breakdown by Earning Segment

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For more information on how to buy Tecnoglass Stock please use our How to Invest in Tecnoglass guide.
Is Construction Materials space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tecnoglass. If investors know Tecnoglass will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tecnoglass listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.094
Dividend Share
0.42
Earnings Share
3.2
Revenue Per Share
17.976
Quarterly Revenue Growth
0.131
The market value of Tecnoglass is measured differently than its book value, which is the value of Tecnoglass that is recorded on the company's balance sheet. Investors also form their own opinion of Tecnoglass' value that differs from its market value or its book value, called intrinsic value, which is Tecnoglass' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tecnoglass' market value can be influenced by many factors that don't directly affect Tecnoglass' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tecnoglass' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tecnoglass is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tecnoglass' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Tecnoglass Return On Asset vs. EBITDA Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Tecnoglass's current stock value. Our valuation model uses many indicators to compare Tecnoglass value to that of its competitors to determine the firm's financial worth.
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Tecnoglass is currently regarded as top stock in ebitda category among its peers. It also is currently regarded as top stock in return on asset category among its peers . The ratio of EBITDA to Return On Asset for Tecnoglass is about  2,079,281,609 . At this time, Tecnoglass' EBITDA is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Tecnoglass by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Tecnoglass Return On Asset vs. EBITDA

EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

Tecnoglass

EBITDA

 = 

Revenue

-

Basic Expenses

 = 
289.44 M
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Tecnoglass

Return On Asset

 = 

Net Income

Total Assets

 = 
0.14
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.

Tecnoglass Return On Asset Comparison

0.13920.04240.03040.17100%
Tecnoglass is currently under evaluation in return on asset category among its peers.

Tecnoglass Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Tecnoglass, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tecnoglass will eventually generate negative long term returns. The profitability progress is the general direction of Tecnoglass' change in net profit over the period of time. It can combine multiple indicators of Tecnoglass, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-44.4 M-46.6 M
Operating Income259.8 M272.8 M
Net Income From Continuing Ops202.2 M212.3 M
Income Before Tax261.4 M274.5 M
Non Operating Income Net Other25.4 M26.7 M
Total Other Income Expense Net1.7 M1.7 M
Net Income Applicable To Common Shares179.1 M188.1 M
Net Income182.9 M192 M
Income Tax Expense77.9 M81.8 M
Interest Income26.7 M27.1 M
Net Interest Income-12.5 M-13.1 M
Change To Netincome17 M17.9 M
Net Income Per Share 3.85  4.04 
Income Quality 0.76  0.80 
Net Income Per E B T 0.70  0.47 

Tecnoglass Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Tecnoglass. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Tecnoglass position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Tecnoglass' important profitability drivers and their relationship over time.

Use Tecnoglass in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tecnoglass position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tecnoglass will appreciate offsetting losses from the drop in the long position's value.

Tecnoglass Pair Trading

Tecnoglass Pair Trading Analysis

The ability to find closely correlated positions to Tecnoglass could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tecnoglass when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tecnoglass - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tecnoglass to buy it.
The correlation of Tecnoglass is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tecnoglass moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tecnoglass moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tecnoglass can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Tecnoglass position

In addition to having Tecnoglass in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Wholesale Thematic Idea Now

Wholesale
Wholesale Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Wholesale theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Wholesale Theme or any other thematic opportunities.
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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.