TPI Composites, Inc. manufactures and sells composite wind blades, and related precision molding and assembly systems to original equipment manufacturers (OEMs). More Details
Reasonable growth potential with adequate balance sheet.
Share Price & News
How has TPI Composites's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TPIC is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: TPIC's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.
7 Day Return
1 Year Return
Return vs Industry: TPIC exceeded the US Electrical industry which returned 87.7% over the past year.
Return vs Market: TPIC exceeded the US Market which returned 51.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is TPI Composites's share price compared to the market and industry in the last 5 years?
Simply Wall St News
15 hours ago | Simply Wall StAnnouncing: TPI Composites (NASDAQ:TPIC) Stock Increased An Energizing 157% In The Last Year
1 month ago | Simply Wall StIs TPI Composites (NASDAQ:TPIC) Using Too Much Debt?
1 month ago | Simply Wall StReturns On Capital At TPI Composites (NASDAQ:TPIC) Paint An Interesting Picture
Is TPI Composites undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: TPIC ($48.12) is trading above our estimate of fair value ($37)
Significantly Below Fair Value: TPIC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TPIC is unprofitable, so we can't compare its PE Ratio to the US Electrical industry average.
PE vs Market: TPIC is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TPIC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TPIC is overvalued based on its PB Ratio (8.8x) compared to the US Electrical industry average (3.4x).
How is TPI Composites forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TPIC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: TPIC is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: TPIC's is expected to become profitable in the next 3 years.
Revenue vs Market: TPIC's revenue (8.2% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: TPIC's revenue (8.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TPIC's Return on Equity is forecast to be high in 3 years time (24.2%)
How has TPI Composites performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TPIC is currently unprofitable.
Growing Profit Margin: TPIC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TPIC is unprofitable, and losses have increased over the past 5 years at a rate of 55.6% per year.
Accelerating Growth: Unable to compare TPIC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TPIC is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (-8.8%).
Return on Equity
High ROE: TPIC has a negative Return on Equity (-10.45%), as it is currently unprofitable.
How is TPI Composites's financial position?
Financial Position Analysis
Short Term Liabilities: TPIC's short term assets ($537.4M) exceed its short term liabilities ($419.8M).
Long Term Liabilities: TPIC's short term assets ($537.4M) exceed its long term liabilities ($339.6M).
Debt to Equity History and Analysis
Debt Level: TPIC's debt to equity ratio (120.4%) is considered high.
Reducing Debt: TPIC's debt to equity ratio has reduced from 1318.9% to 120.4% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: TPIC has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if TPIC has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is TPI Composites's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TPIC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TPIC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TPIC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TPIC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TPIC's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bill Siwek (57 yo)
Mr. William E. Siwek, also known as Bill, has been President at TPI Composites, Inc. since May 13, 2019 and Its Chief Executive Officer May 20, 2020. He served as the Chief Financial Officer at TPI Composi...
CEO Compensation Analysis
Compensation vs Market: Bill's total compensation ($USD3.45M) is about average for companies of similar size in the US market ($USD3.76M).
Compensation vs Earnings: Bill's compensation has increased whilst the company is unprofitable.
Experienced Management: TPIC's management team is considered experienced (2 years average tenure).
Experienced Board: TPIC's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.1%.
TPI Composites, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: TPI Composites, Inc.
- Ticker: TPIC
- Exchange: NasdaqGM
- Founded: 1968
- Industry: Heavy Electrical Equipment
- Sector: Capital Goods
- Market Cap: US$1.767b
- Shares outstanding: 36.71m
- Website: https://www.tpicomposites.com
Number of Employees
- TPI Composites, Inc.
- Gainey Center II
- Suite 100
- United States
TPI Composites, Inc. manufactures and sells composite wind blades, and related precision molding and assembly systems to original equipment manufacturers (OEMs). The company also provides composite solutio...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/07 22:42|
|End of Day Share Price||2021/05/07 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.