TPI Composites, Inc.

OTCPK:TPIC.Q 株式レポート

時価総額：US$351.1k

TPI Composites 将来の成長

Future 基準チェック /06

現在、 TPI Compositesの成長と収益を予測するのに十分なアナリストの調査がありません。

主要情報

n/a

収益成長率

n/a

EPS成長率

Electrical 収益成長18.7%
収益成長率n/a
将来の株主資本利益率n/a
アナリストカバレッジ

None

最終更新日n/a

今後の成長に関する最新情報

分析記事 • May 05

Analysts Have Made A Financial Statement On TPI Composites, Inc.'s (NASDAQ:TPIC) First-Quarter Report

TPI Composites, Inc. ( NASDAQ:TPIC ) just released its latest first-quarter report and things are not looking great...

Recent updates

ナラティブの更新 • Aug 29

Next Generation Blade Production Will Redefine Industry Standards

The significant reduction in TPI Composites’ future P/E ratio, despite steady revenue growth forecasts, has driven a downward revision of the consensus analyst price target from $2.55 to $2.08. What's in the News TPI Composites and its 21 affiliates filed for Chapter 11 bankruptcy reorganization, listing assets between $500 million and $1 billion, and liabilities between $1 billion and $10 billion, with Weil, Gotshal & Manges LLP as legal counsel and Alvarez & Marsal, Jefferies LLC, and Kroll Restructuring Administration as advisors.
ナラティブの更新 • Aug 15

Next Generation Blade Production Will Redefine Industry Standards

With no change in the company’s future P/E ratio or consensus revenue growth forecasts, TPI Composites’ analyst price target remains steady at $2.55. What's in the News TPI Composites, Inc.
User avatar
新しいナラティブ • Apr 26

Next Generation Blade Production Will Redefine Industry Standards

Portfolio restructuring and next-gen blade transition are set to improve operational performance, enhancing earnings and profitability.
Seeking Alpha • Oct 17

TPI Composites: High Potential Return Undermined By Multiple Risks

Summary TPI Composites faces revenue contraction and liquidity challenges due to regulatory uncertainty and macroeconomic pressures, but management projects improvement starting in H2 FY24 and FY25. The company’s restructuring aims to enhance production quality and efficiency, targeting a 90% utilization rate and $100m adjusted EBITDA in FY25. High revenue concentration and competition from Chinese manufacturers pose significant risks, potentially impacting TPIC’s financial stability and market share. Despite potential for a 30% return, I assign a “hold” rating due to financial instability and competitive pressures, awaiting clearer evidence of recovery. Read the full article on Seeking Alpha
分析記事 • Oct 09

TPI Composites, Inc. (NASDAQ:TPIC) Soars 25% But It's A Story Of Risk Vs Reward

The TPI Composites, Inc. ( NASDAQ:TPIC ) share price has done very well over the last month, posting an excellent gain...
分析記事 • Jun 30

TPI Composites, Inc. (NASDAQ:TPIC) Not Doing Enough For Some Investors As Its Shares Slump 27%

TPI Composites, Inc. ( NASDAQ:TPIC ) shares have retraced a considerable 27% in the last month, reversing a fair amount...
Seeking Alpha • Jun 30

TPI Composites Could Be A Bad Idea

Summary Previous article aimed to predict business recovery, but price dropped 30% shortly after publication. TPI Composites hit low of $1.63 in November 2023, but recovered up to $4.5-5.5 since then leaving investors asking "What's next?" The current situation for TPI Composites remains very risky, potential for turnaround is uncertain. However, there are some tips about handling this stock. The bigger picture can actually play a big part in the future of this story. Read the full article on Seeking Alpha
分析記事 • May 29

What Does TPI Composites, Inc.'s (NASDAQ:TPIC) Share Price Indicate?

While TPI Composites, Inc. ( NASDAQ:TPIC ) might not have the largest market cap around , it saw a significant share...
分析記事 • May 05

Analysts Have Made A Financial Statement On TPI Composites, Inc.'s (NASDAQ:TPIC) First-Quarter Report

TPI Composites, Inc. ( NASDAQ:TPIC ) just released its latest first-quarter report and things are not looking great...
分析記事 • May 03

Improved Revenues Required Before TPI Composites, Inc. (NASDAQ:TPIC) Stock's 33% Jump Looks Justified

The TPI Composites, Inc. ( NASDAQ:TPIC ) share price has done very well over the last month, posting an excellent gain...
Seeking Alpha • Feb 26

TPI Composites: Turnaround Is In Sight (Rating Upgrade)

Summary TPI Composites, Inc.'s actual revenue and EBITDA for the recent quarter were below expectations, even though its Q4 2023 headline earnings benefited from a non-operating gain. But the company is poised for a turnaround in 2024 and 2025, considering its guidance and management commentary. I raise my rating for TPI Composites to a Buy, taking into account its FY 2024-2025 financial prospects, and the stock's valuations as compared to history and peers. Read the full article on Seeking Alpha
分析記事 • Feb 25

TPI Composites, Inc. (NASDAQ:TPIC) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

As you might know, TPI Composites, Inc. ( NASDAQ:TPIC ) recently reported its yearly numbers. Revenues of US$1.5b came...
分析記事 • Dec 23

TPI Composites, Inc. (NASDAQ:TPIC) Surges 80% Yet Its Low P/S Is No Reason For Excitement

TPI Composites, Inc. ( NASDAQ:TPIC ) shares have had a really impressive month, gaining 80% after a shaky period...
分析記事 • Nov 10

TPI Composites, Inc. (NASDAQ:TPIC) Analysts Just Slashed Next Year's Estimates

Today is shaping up negative for TPI Composites, Inc. ( NASDAQ:TPIC ) shareholders, with the analysts delivering a...
分析記事 • Aug 21

Would TPI Composites (NASDAQ:TPIC) Be Better Off With Less Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • Jan 12

Is TPI Composites (NASDAQ:TPIC) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Seeking Alpha • Sep 16

TPI Composites: Massive Incoming Revenue And Cash Flow

Summary TPI Composites manufactures composite wind blades for the wind energy market. Management noted $2.7 billion in revenue from existing contracts through 2024. The current market capitalization does not exceed $670 million. I don’t think most market participants are fully aware of the FCF acceleration that is coming from 2023. Recently, TPI Composites (TPIC) discussed large agreements with potential revenue of $2.7 billion, and lowered its expected 2022 capex. I believe that most investors are not fully aware of the TPI's implied valuation. Under my discounted cash flow model with conservative assumptions, TPI Composites could be worth around $22 per share. Yes, I dislike the concentration of clients and potential changes in demand that is typical in the industry. With that, in my opinion, the current stock valuation is too low. TPI Composites: Significant Incoming Revenue Headquartered in Scottsdale, Arizona, TPI Composites manufactures composite wind blades for the wind energy market. We are talking about a globally diversified business model with facilities throughout the U.S., China, Mexico, Turkey, and India along with development centers in Denmark and Germany. The most remarkable slide from the quarterly presentation is shown below. Management noted $2.7 billion in revenue from existing contracts through 2024. If we take into account that the current market capitalization does not exceed $670 million, TPI Composites becomes an interesting object of study. Presentation Besides, it is worth noting that TPI Composites expects 2022 to offer 80%-85% utilization and lower capital expenditures than initially expected. If things continue in the same direction, lower capex and more utilization will likely bring free cash flow up. Presentation Beneficial Analysts Expectations And Positive Free Cash Flow Expected From 2023 Analysts expect TPI Composites to deliver 9% sales growth in 2023 and double digit sales growth in 2024. The median sales growth is expected to be close to 7% for TPI Composites, which I believe is impressive given the sector in which TPI operates. Marketscreener.com It is also worth noting that the company's EBITDA is expected to increase to up to 7% in 2024. Analysts also expect positive net income from 2024 and positive free cash flow from 2023. In my opinion, as soon as more investors notice the incoming results, the demand for the stock will likely increase. Marketscreener.com Balance Sheet: Almost No Debt As of June 30, 2022, TPI Composites reported cash worth $155.2 million, total assets worth $981 million, and $586 million in total liabilities. In my view, the current balance sheet proves that the company's financial situation is in good shape. 10-Q The total amount of debt is small. Hence, investors will not have to worry about increases in the interest rates in the market. The company's net debt is negative, equal to -$92 million. Besides, in my view, TPI could receive debt financing if necessary. 10-Q Presentation My Base Case Scenario Implied A Valuation Of $22.3 Per Share TPI Composites is overall well positioned to benefit from the decarbonization of the electric sector. The U.S. and Europe are also enforcing demand for wind energy. In my view, if clients receive financing from governments, TPI's revenue will likely trend up. We expect global demand for renewable energy, and wind energy in particular, will continue to grow in the long term due to a multitude of factors, including: increased cost competitiveness of wind energy compared to fossil fuel generated electricity; increased demand from corporations and utility providers for renewable energy; and recent international policy initiatives designed to promote the growth of renewable energy. Source: 10-k Besides, I believe that further wind and transportation supply agreements and sufficient communication about the agreements already signed will bring stock demand. In the last 10-k, the company noted agreements worth $3.5 billion through the end of 2024: As of February 24, 2022, our wind and transportation supply agreements provide for minimum aggregate volume commitments from our customers of approximately $2.2 billion and encourage our customers to purchase additional volume up to, in the aggregate, a total contract value of approximately $3.5 billion through the end of 2024. Source: 10-k Finally, under this scenario, I would also expect further investments in the growing offshore wind market, perhaps some acquisitions, and more partnerships. In my view, bankers would most likely support any acquisitions considering the current balance sheet. Leverage our footprint in large and growing wind markets, capitalize on the continuing outsourcing trend, evaluate building wind blades for the growing offshore wind market and evaluate strategic acquisitions. Source: 10-k Under conservative conditions, I believe that a median sales growth of 7% from 2024 to 2033 would make sense. I also assumed an EBITDA margin of around 7%-5.2% with an operating margin around 2%. The results include free cash flow ranging from $24 million to $62 million and FCF/Sales around 1.7%. Arie's DCF Model In my opinion, most investors out there would be using a discount close to 9.4% for TPI Composites. I would not be very different. I also assumed an exit multiple of 10x EBITDA, which is close to the median in the industry and lower than the TPI's current EV/EBITDA multiple. With these numbers, I obtained an equity valuation of $833 million and an equity per share of $22.3. Arie's DCF Model Worst Case Scenario In my view, investors need to be prepared for changes in demand, which is typical in the wind industry. Changes in the oil price, the price of energy, or environmental law changes could bring TPI's revenue and FCF/Sales margin down. The company did discuss some of these risks in the past: We currently expect to have manufacturing lines in transition during 2022 which could adversely affect our revenue and profitability in 2022. We typically share transition costs with the customer in connection with these changing customer demands, but any sharing is usually the subject of negotiation and the amount is not always contractually defined. Source: 10-k
分析記事 • Aug 03

Is TPI Composites (NASDAQ:TPIC) Weighed On By Its Debt Load?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Seeking Alpha • May 23

TPI Composites - Down But Not Out

Revenue, gross profit, and adjusted EBITDA decreased by 4.9%, 122.4% and 53.4%, respectively. Despite this poor performance, I believe the next few quarters will demonstrate improved efficiency and better numbers. Management guided for a 40-50% improvement in margins and a 15-20% increase in manufacturing utilization rates. TPI Composites’ shares are down 82.7% from their February 2021 all-time high. However, the stock is only down 6.45% in 2022 compared to the S&P 500’s 18.66% decline. TPI Composites trades at a price to full-year sales ratio of less than 0.3. Given the potential for earnings improvement and revenue growth, is TPI Composites undervalued?
Seeking Alpha • Apr 17

Circling Back On TPI Composites

Today, we circle back on TPI Composites, which produces composite wind blades for wind turbine manufacturers across the globe, for the first time since 2019. The company and shares saw considerable headwinds in 2021 even as the manufacturing concern boasts a significant order backlog and solid balance sheet. Four insiders bought over $1.5 million worth of shares late in 2021. Can the shares rebound in FY2022? A full investment analysis follows in the paragraphs below.
分析記事 • Feb 23

What Is TPI Composites, Inc.'s (NASDAQ:TPIC) Share Price Doing?

While TPI Composites, Inc. ( NASDAQ:TPIC ) might not be the most widely known stock at the moment, it received a lot of...
Seeking Alpha • Dec 15

TPI Composites : Good Play In Wind Energy, Despite Operational Challenges

Finally, TPIC reported its Q3 financial results defined by several operational challenges that highly pressured financials and TPIC’s stock has fallen significantly after the announcement. In my opinion, the company maintains a positive long-term outlook and perspectives, poor performance will likely keep shares highly volatile and limit upside. The TPIC stock has underperformed all year against near-term headwinds for the broader wind market including supply chain disruptions and weaker deployments forecasts.

このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、TPI Composites は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。

シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。

業績と収益の成長予測

OTCPK:TPIC.Q - アナリストの将来予測と過去の財務データ ( )USD Millions
日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数
12/31/2025918-324-141-126N/A
9/30/20251,380-267-45-27N/A
6/30/20251,405-1954667N/A
3/31/20251,373-1983256N/A
12/31/2024890-223-1412N/A
9/30/2024958-158-112-70N/A
6/30/20241,069-157-127-83N/A
3/31/20241,333-164-77-36N/A
12/31/2023864-189-117-81N/A
9/30/20231,540-184-86-63N/A
6/30/20231,555-163-95-77N/A
3/31/20231,573-114-82-65N/A
12/31/20221,479-76-81-62N/A
9/30/20221,250-162-101-82N/A
6/30/20221,345-171-100-81N/A
3/31/20221,411-186-137-113N/A
12/31/20211,472-162-63-26N/A
9/30/20211,809-67-67-25N/A
6/30/20211,80361161N/A
3/31/20211,718-20-1642N/A
12/31/20201,143-85-2838N/A
9/30/20201,627-25-4128N/A
6/30/20201,536-72-4732N/A
3/31/20201,493-4-1172N/A
12/31/20191,437-16-1757N/A
9/30/20191,304-24N/A42N/A
6/30/20191,176-10N/A-7N/A
3/31/20191,075-15N/A-12N/A
12/31/20181,0305N/A-3N/A
9/30/201899316N/A48N/A
6/30/201899229N/A51N/A
3/31/20181,00142N/A62N/A
12/31/201795539N/A75N/A
9/30/201788734N/A69N/A
6/30/201783315N/A70N/A
3/31/201778714N/A65N/A
12/31/201676922N/A60N/A
9/30/201674820N/A56N/A
6/30/201671113N/A41N/A
3/31/20166666N/A29N/A
12/31/2015586-2N/A31N/A
9/30/2015511-13N/A5N/A

アナリストによる今後の成長予測

収入対貯蓄率: TPIC.Qの予測収益成長が 貯蓄率 ( 3.5% ) を上回っているかどうかを判断するにはデータが不十分です。

収益対市場: TPIC.Qの収益がUS市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です

高成長収益: TPIC.Qの収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。

収益対市場: TPIC.Qの収益がUS市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。

高い収益成長: TPIC.Qの収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。

一株当たり利益成長率予想

将来の株主資本利益率

将来のROE: TPIC.Qの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です

成長企業の発掘

7D

1Y

7D

1Y

7D

1Y

企業分析と財務データの現状

データ最終更新日（UTC時間）
企業分析2026/05/26 18:36
終値2026/05/22 00:00
収益2025/12/31
年間収益2025/12/31

データソース

企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。

パッケージデータタイムフレーム米国ソース例
会社財務10年
  • 損益計算書
  • キャッシュ・フロー計算書
  • 貸借対照表
アナリストのコンセンサス予想+プラス3年
  • 予想財務
  • アナリストの目標株価
市場価格30年
  • 株価
  • 配当、分割、措置
所有権10年
  • トップ株主
  • インサイダー取引
マネジメント10年
  • リーダーシップ・チーム
  • 取締役会
主な進展10年
  • 会社からのお知らせ

* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。

特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。

分析モデルとスノーフレーク

本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。

シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。

業界およびセクターの指標

私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。

アナリスト筋

TPI Composites, Inc. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。8

アナリスト機関
Jonathan WindhamBarclays
Kenneth HerbertCanaccord Genuity
Joseph OshaCitizens JMP Securities, LLC