Tecnoglass Valuation

Is TGLS undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of TGLS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: TGLS ($75.35) is trading above our estimate of fair value ($72.33)

Significantly Below Fair Value: TGLS is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for TGLS?

Key metric: As TGLS is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for TGLS. This is calculated by dividing TGLS's market cap by their current earnings.
What is TGLS's PE Ratio?
PE Ratio23.5x
EarningsUS$150.63m
Market CapUS$3.54b

Price to Earnings Ratio vs Peers

How does TGLS's PE Ratio compare to its peers?

The above table shows the PE ratio for TGLS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average21.4x
PGTI PGT Innovations
22.8x19.9%US$2.4b
GFF Griffon
18.1x17.6%US$3.6b
REZI Resideo Technologies
24.1x26.5%US$3.8b
DOOR Masonite International
20.7x29.4%US$2.9b
TGLS Tecnoglass
23.5x14.4%US$3.5b

Price-To-Earnings vs Peers: TGLS is expensive based on its Price-To-Earnings Ratio (23.5x) compared to the peer average (21.4x).


Price to Earnings Ratio vs Industry

How does TGLS's PE Ratio compare vs other companies in the US Building Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
AUVI.Q Applied UV
n/an/aUS$4.00
No more companies available in this PE range
TGLS 23.5xIndustry Avg. 21.5xNo. of Companies9PE01224364860+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: TGLS is expensive based on its Price-To-Earnings Ratio (23.5x) compared to the US Building industry average (21.5x).


Price to Earnings Ratio vs Fair Ratio

What is TGLS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TGLS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio23.5x
Fair PE Ratio22.7x

Price-To-Earnings vs Fair Ratio: TGLS is expensive based on its Price-To-Earnings Ratio (23.5x) compared to the estimated Fair Price-To-Earnings Ratio (22.7x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst TGLS forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$75.35
US$83.25
+10.5%
8.4%US$90.00US$72.00n/a4
Nov ’25US$68.50
US$75.00
+9.5%
9.8%US$85.00US$65.00n/a4
Oct ’25US$68.74
US$68.00
-1.1%
6.9%US$76.00US$62.00n/a5
Sep ’25US$61.97
US$64.60
+4.2%
5.0%US$68.00US$60.00n/a5
Aug ’25US$52.02
US$59.33
+14.1%
8.8%US$68.00US$50.00n/a6
Jul ’25US$50.29
US$59.33
+18.0%
8.8%US$68.00US$50.00n/a6
Jun ’25US$52.61
US$57.83
+9.9%
6.2%US$60.00US$50.00n/a6
May ’25US$52.61
US$56.33
+7.1%
13.2%US$65.00US$45.00n/a6
Apr ’25US$51.55
US$52.00
+0.9%
7.4%US$56.00US$45.00n/a6
Mar ’25US$44.80
US$50.40
+12.5%
6.9%US$56.00US$45.00n/a5
Feb ’25US$47.24
US$50.00
+5.8%
6.6%US$56.00US$45.00n/a6
Jan ’25US$45.71
US$50.00
+9.4%
6.6%US$56.00US$45.00n/a6
Dec ’24US$37.03
US$49.67
+34.1%
7.2%US$56.00US$45.00n/a6
Nov ’24US$32.18
US$54.33
+68.8%
3.3%US$57.00US$52.00US$68.506
Oct ’24US$32.96
US$55.00
+66.9%
5.0%US$60.00US$52.00US$68.746
Sep ’24US$39.69
US$55.00
+38.6%
5.0%US$60.00US$52.00US$61.976
Aug ’24US$47.73
US$55.50
+16.3%
6.0%US$60.00US$52.00US$52.026
Jul ’24US$51.66
US$54.50
+5.5%
4.8%US$60.00US$52.00US$50.296
Jun ’24US$39.01
US$53.40
+36.9%
1.9%US$55.00US$52.00US$52.615
May ’24US$44.92
US$49.20
+9.5%
3.5%US$52.00US$47.00US$52.615
Apr ’24US$41.96
US$48.80
+16.3%
2.4%US$50.00US$47.00US$51.555
Mar ’24US$36.35
US$41.20
+13.3%
6.4%US$43.00US$36.00US$44.805
Feb ’24US$35.41
US$39.20
+10.7%
8.1%US$43.00US$35.00US$47.245
Jan ’24US$30.77
US$38.80
+26.1%
7.5%US$43.00US$35.00US$45.715
Dec ’23US$30.37
US$37.80
+24.5%
5.4%US$40.00US$35.00US$37.035
Nov ’23US$20.81
US$35.20
+69.1%
4.9%US$38.00US$33.00US$32.185

Analyst Forecast: Target price is less than 20% higher than the current share price.


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