Is the business good?
How good a business is TGLS?
Tecnoglass Inc. earns 20% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
20%
Return on invested capital · cost of capital 9.0% · 11 points above what the capital costs: growth creates value
- Operating margin
- 21%
Operating margin · Building Materials median 18% · 12 months to Q1 2026
- Cash conversion
- 0.05×
Cash conversion · 0.48× a year ago · some of the reported profit has not turned into cash yet
- Share count, year on year
- −5.0%
Share count, year on year · bought back, each share owns more of the company
| Year | Operating margin |
|---|---|
| FY2020 | 17% |
| FY2021 | 24% |
| FY2022 | 32% |
| FY2023 | 31% |
| FY2024 | 26% |
| FY2025 | 23% |
Details›
- Gross margin12 months to Q1 2026
- 42%
- Operating margin12 months to Q1 2026
- 21%
- Net margin12 months to Q1 2026
- 15%
- Free cash flow margin
- 0.74%
- Revenue, trailing twelve months
- $1.01B
- Free cash flow, trailing twelve months
- $7.5M
- Net income, trailing twelve months
- $149M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 20%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.