Tecnoglass Inc.

NYSE:TGLS Stock Report

Market Cap: US$3.9b

Tecnoglass Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

José Daes

Chief executive officer

US$4.0m

Total compensation

CEO salary percentage74.1%
CEO tenure11yrs
CEO ownershipn/a
Management average tenure11yrs
Board average tenure11yrs

Recent management updates

Recent updates

Tecnoglass: Time To Bank Some Profits

Dec 19

Shareholders Should Be Pleased With Tecnoglass Inc.'s (NYSE:TGLS) Price

Dec 10
Shareholders Should Be Pleased With Tecnoglass Inc.'s (NYSE:TGLS) Price

Is It Too Late To Consider Buying Tecnoglass Inc. (NYSE:TGLS)?

Nov 27
Is It Too Late To Consider Buying Tecnoglass Inc. (NYSE:TGLS)?

Tecnoglass: Shining Bright With Top-Tier Growth, Fundamentals And Operational Efficiency

Nov 20

Results: Tecnoglass Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

Nov 11
Results: Tecnoglass Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

Tecnoglass: Improving Near-Term Outlook Makes This Stock A Good Buy Despite The Recent Run

Oct 19

Is Tecnoglass (NYSE:TGLS) A Risky Investment?

Oct 12
Is Tecnoglass (NYSE:TGLS) A Risky Investment?

Returns on Capital Paint A Bright Future For Tecnoglass (NYSE:TGLS)

Sep 27
Returns on Capital Paint A Bright Future For Tecnoglass (NYSE:TGLS)

Tecnoglass: An Interesting Founder-Led Company But I'm Not Rushing to Add

Sep 15

Is Now An Opportune Moment To Examine Tecnoglass Inc. (NYSE:TGLS)?

Aug 25
Is Now An Opportune Moment To Examine Tecnoglass Inc. (NYSE:TGLS)?

Market Might Still Lack Some Conviction On Tecnoglass Inc. (NYSE:TGLS) Even After 30% Share Price Boost

Jul 26
Market Might Still Lack Some Conviction On Tecnoglass Inc. (NYSE:TGLS) Even After 30% Share Price Boost

Tecnoglass: Robust Backlog And Strong Fundamentals Set To Drive Future Growth

Jul 05

Is Tecnoglass (NYSE:TGLS) Using Too Much Debt?

Jun 24
Is Tecnoglass (NYSE:TGLS) Using Too Much Debt?

Returns on Capital Paint A Bright Future For Tecnoglass (NYSE:TGLS)

Jun 09
Returns on Capital Paint A Bright Future For Tecnoglass (NYSE:TGLS)

Is It Too Late To Consider Buying Tecnoglass Inc. (NYSE:TGLS)?

May 10
Is It Too Late To Consider Buying Tecnoglass Inc. (NYSE:TGLS)?

Tecnoglass: Promising Long Term With Growing Market Share And Product Innovation

Apr 25

Here's Why Tecnoglass (NYSE:TGLS) Has Caught The Eye Of Investors

Apr 23
Here's Why Tecnoglass (NYSE:TGLS) Has Caught The Eye Of Investors

Tecnoglass (NYSE:TGLS) Is Increasing Its Dividend To $0.11

Mar 14
Tecnoglass (NYSE:TGLS) Is Increasing Its Dividend To $0.11

Tecnoglass (NYSE:TGLS) Has A Pretty Healthy Balance Sheet

Feb 27
Tecnoglass (NYSE:TGLS) Has A Pretty Healthy Balance Sheet

Tecnoglass: Well-Run Business, But Unlikely To Be Too Rewarding At These Levels

Feb 14

Tecnoglass Inc.'s (NYSE:TGLS) Shares Lagging The Market But So Is The Business

Feb 14
Tecnoglass Inc.'s (NYSE:TGLS) Shares Lagging The Market But So Is The Business

Is Now An Opportune Moment To Examine Tecnoglass Inc. (NYSE:TGLS)?

Jan 21
Is Now An Opportune Moment To Examine Tecnoglass Inc. (NYSE:TGLS)?

Are Investors Undervaluing Tecnoglass Inc. (NYSE:TGLS) By 46%?

Dec 28
Are Investors Undervaluing Tecnoglass Inc. (NYSE:TGLS) By 46%?

Do Tecnoglass' (NYSE:TGLS) Earnings Warrant Your Attention?

Dec 15
Do Tecnoglass' (NYSE:TGLS) Earnings Warrant Your Attention?

Tecnoglass: Correction Risk Remains High As Construction Activity Slows

Dec 08

Is Tecnoglass (NYSE:TGLS) Using Too Much Debt?

Nov 20
Is Tecnoglass (NYSE:TGLS) Using Too Much Debt?

Tecnoglass: The Case For An Attractive Business And An Undervalued Stock

Nov 14

Tecnoglass: A Strong Buy Amid Real Estate Woes

Nov 01

Liberty Park Capital - Tecnoglass: Tailwinds And Competitive Advantages Warrants A Premium

Oct 21

Tecnoglass: A Buy 35% Off The Highs

Sep 27

Should You Investigate Tecnoglass Inc. (NYSE:TGLS) At US$33.42?

Sep 24
Should You Investigate Tecnoglass Inc. (NYSE:TGLS) At US$33.42?

Here's Why Tecnoglass (NYSE:TGLS) Has Caught The Eye Of Investors

Sep 09
Here's Why Tecnoglass (NYSE:TGLS) Has Caught The Eye Of Investors

Turning Bullish On Tecnoglass After Large Correction

Aug 20

Is Tecnoglass (NYSE:TGLS) A Risky Investment?

Aug 12
Is Tecnoglass (NYSE:TGLS) A Risky Investment?

Tecnoglass: Shares Fully Valued As Potential Slowdown Looms

Jul 16

At US$49.09, Is It Time To Put Tecnoglass Inc. (NYSE:TGLS) On Your Watch List?

Jun 21
At US$49.09, Is It Time To Put Tecnoglass Inc. (NYSE:TGLS) On Your Watch List?

Unleashing The Power Of The Small: Tecnoglass's Backlog Is Surging Under The Radar

Jun 14

Does Tecnoglass (NYSE:TGLS) Deserve A Spot On Your Watchlist?

Jun 07
Does Tecnoglass (NYSE:TGLS) Deserve A Spot On Your Watchlist?

Calculating The Fair Value Of Tecnoglass Inc. (NYSE:TGLS)

May 25
Calculating The Fair Value Of Tecnoglass Inc. (NYSE:TGLS)

Results: Tecnoglass Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

May 06
Results: Tecnoglass Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

Is It Too Late To Consider Buying Tecnoglass Inc. (NYSE:TGLS)?

Feb 23
Is It Too Late To Consider Buying Tecnoglass Inc. (NYSE:TGLS)?

Is Tecnoglass (NYSE:TGLS) A Risky Investment?

Feb 11
Is Tecnoglass (NYSE:TGLS) A Risky Investment?

Calculating The Intrinsic Value Of Tecnoglass Inc. (NYSE:TGLS)

Jan 30
Calculating The Intrinsic Value Of Tecnoglass Inc. (NYSE:TGLS)

CEO Compensation Analysis

How has José Daes's remuneration changed compared to Tecnoglass's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$151m

Jun 30 2024n/an/a

US$147m

Mar 31 2024n/an/a

US$164m

Dec 31 2023US$4mUS$3m

US$183m

Sep 30 2023n/an/a

US$202m

Jun 30 2023n/an/a

US$202m

Mar 31 2023n/an/a

US$183m

Dec 31 2022US$3mUS$2m

US$156m

Sep 30 2022n/an/a

US$121m

Jun 30 2022n/an/a

US$94m

Mar 31 2022n/an/a

US$81m

Dec 31 2021US$2mUS$2m

US$68m

Sep 30 2021n/an/a

US$67m

Jun 30 2021n/an/a

US$54m

Mar 31 2021n/an/a

US$51m

Dec 31 2020US$2mUS$1m

US$24m

Sep 30 2020n/an/a

US$17m

Jun 30 2020n/an/a

US$7m

Mar 31 2020n/an/a

-US$2m

Dec 31 2019US$1mUS$1m

US$25m

Sep 30 2019n/an/a

US$9m

Jun 30 2019n/an/a

US$17m

Mar 31 2019n/an/a

US$6m

Dec 31 2018US$1mUS$1m

US$9m

Sep 30 2018n/an/a

US$14m

Jun 30 2018n/an/a

US$15m

Mar 31 2018n/an/a

US$15m

Dec 31 2017US$966kUS$966k

US$5m

Compensation vs Market: José's total compensation ($USD3.97M) is below average for companies of similar size in the US market ($USD6.66M).

Compensation vs Earnings: José's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

José Daes (63 yo)

11yrs

Tenure

US$3,969,000

Compensation

Mr. José Manuel Daes has been Chief Executive Officer at C.I. Energia Solar S.A. E.S. Windows since 1984 and is responsible for all aspects of the operation, marketing and sales.Mr. Daes is a Co-Owner of...

Leadership Team

NamePositionTenureCompensationOwnership
José Daes
CEO & Director11yrsUS$3.97mno data
Santiago Giraldo
CFO & Head of Investor Relations8.5yrsUS$801.90k0%
$ 0
Christian Daes
COO & Director11yrsUS$3.97mno data
Carlos Amin
Vice President of Salesno dataUS$1.64mno data
Samir Amin
Vice President of Operations & Logisticsno dataUS$1.64mno data

11.0yrs

Average Tenure

59yo

Average Age

Experienced Management: TGLS's management team is seasoned and experienced (11 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
José Daes
CEO & Director11yrsUS$3.97mno data
Christian Daes
COO & Director11yrsUS$3.97mno data
A. Weil
Independent Non-Executive Chairman of the Board30.9yrsUS$88.18k0.60%
$ 23.0m
Julio Torres
Independent Director13.2yrsUS$100.84k0%
$ 0
Luis Castro Vergara
Independent Director6.1yrsUS$113.54kno data
Carlos Cure Cure
Independent Director5.3yrsUS$128.18kno data
Anne Carricarte
Independent Director2.3yrsUS$113.54kno data

11.0yrs

Average Tenure

59yo

Average Age

Experienced Board: TGLS's board of directors are seasoned and experienced ( 11 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 06:59
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Tecnoglass Inc. is covered by 7 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Timothy WojsBaird
Alexander RygielB. Riley Securities, Inc.
Michael ShliskyColliers Securities