TPI Composites, Inc. (TPIC)

NASDAQ: TPIC · IEX Real-Time Price · USD
2.960
+0.120 (4.23%)
Mar 28, 2024, 12:08 PM EDT - Market open

Total Valuation

TPI Composites has a market cap or net worth of $133.45 million. The enterprise value is $585.90 million.

Market Cap 133.45M
Enterprise Value 585.90M

Important Dates

The next estimated earnings date is Wednesday, May 1, 2024, after market close.

Earnings Date May 1, 2024
Ex-Dividend Date n/a

Share Statistics

TPI Composites has 47.24 million shares outstanding. The number of shares has increased by 1.70% in one year.

Shares Outstanding 47.24M
Shares Change (YoY) +1.70%
Shares Change (QoQ) +1.81%
Owned by Insiders (%) 2.98%
Owned by Institutions (%) 79.78%
Float 42.67M

Valuation Ratios

PE Ratio n/a
Forward PE 18.48
PS Ratio 0.09
Forward PS 0.10
PB Ratio n/a
P/FCF Ratio n/a
PEG Ratio 0.76
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 0.40
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 1.30

Current Ratio 1.30
Quick Ratio 0.80
Debt / Equity n/a
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -12.21

Financial Efficiency

Return on Equity (ROE) n/a
Return on Assets (ROA) -19.70%
Return on Capital (ROIC) -32.59%
Revenue Per Employee $118,308
Profits Per Employee -$14,440
Employee Count 12,300
Asset Turnover 1.62
Inventory Turnover 153.65

Taxes

In the past 12 months, TPI Composites has paid $17.56 million in taxes.

Income Tax 17.56M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -74.87% in the last 52 weeks. The beta is 2.03, so TPI Composites's price volatility has been higher than the market average.

Beta (1Y) 2.03
52-Week Price Change -74.87%
50-Day Moving Average 2.84
200-Day Moving Average 4.36
Relative Strength Index (RSI) 49.78
Average Volume (30 Days) 1,209,578

Short Selling Information

The latest short interest is 6.45 million, so 13.65% of the outstanding shares have been sold short.

Short Interest 6.45M
Short Previous Month 6.77M
Short % of Shares Out 13.65%
Short % of Float 15.11%
Short Ratio (days to cover) 6.13

Income Statement

In the last 12 months, TPI Composites had revenue of $1.46 billion and -$177.61 million in losses. Loss per share was -$4.16.

Revenue 1.46B
Gross Profit -87.55M
Operating Income -163.59M
Pretax Income -160.05M
Net Income -177.61M
EBITDA -109.07M
EBIT -147.94M
Loss Per Share -$4.16
Full Income Statement

Balance Sheet

The company has $171.90 million in cash and $624.34 million in debt, giving a net cash position of -$452.45 million or -$9.58 per share.

Cash & Cash Equivalents 171.90M
Total Debt 624.34M
Net Cash -452.45M
Net Cash Per Share -$9.58
Equity / Book Value -122.30M
Book Value Per Share -2.59
Working Capital 116.65M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$80.97 million and capital expenditures -$36.14 million, giving a free cash flow of -$117.11 million.

Operating Cash Flow -80.97M
Capital Expenditures -36.14M
Free Cash Flow -117.11M
FCF Per Share -$2.74
Full Cash Flow Statement

Margins

Gross margin is -6.02%, with operating and profit margins of -11.24% and -12.21%.

Gross Margin -6.02%
Operating Margin -11.24%
Pretax Margin -11.00%
Profit Margin -12.21%
EBITDA Margin -7.50%
EBIT Margin -10.17%
FCF Margin -8.05%

Dividends & Yields

TPI Composites does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -1.70%
Shareholder Yield -1.70%
Earnings Yield -133.09%
FCF Yield -87.75%

Analyst Forecast

The average price target for TPI Composites is $9.13, which is 208.45% higher than the current price. The consensus rating is "Hold".

Price Target $9.13
Price Target Difference 208.45%
Analyst Consensus Hold
Analyst Count 10
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

TPI Composites has an Altman Z-Score of 0.53 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 0.53
Piotroski F-Score 2