TPI Composites, Inc. (TPIC)

NASDAQ: TPIC · IEX Real-Time Price · USD
-0.12 (-5.11%)
At close: Nov 27, 2023, 4:00 PM
-0.02 (-0.90%)
After-hours: Nov 27, 2023, 5:55 PM EST

Total Valuation

TPI Composites has a market cap or net worth of $94.93 million. The enterprise value is $256.06 million.

Market Cap 94.93M
Enterprise Value 256.06M

Important Dates

The last earnings date was Thursday, November 2, 2023, after market close.

Earnings Date Nov 2, 2023
Ex-Dividend Date n/a

Share Statistics

TPI Composites has 42.57 million shares outstanding. The number of shares has increased by 1.40% in one year.

Shares Outstanding 42.57M
Shares Change (YoY) +1.40%
Shares Change (QoQ) +0.12%
Owned by Insiders (%) 2.50%
Owned by Institutions (%) 104.89%
Float 39.36M

Valuation Ratios

PE Ratio n/a
Forward PE 18.48
PS Ratio 0.07
Forward PS 0.06
PB Ratio n/a
P/FCF Ratio n/a
PEG Ratio 0.76
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 0.18
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 1.46

Current Ratio 1.46
Quick Ratio 0.79
Debt / Equity n/a
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -31.85

Financial Efficiency

Return on Equity (ROE) n/a
Return on Assets (ROA) -26.50%
Return on Capital (ROIC) -66.15%
Revenue Per Employee $102,550
Profits Per Employee -$18,426
Employee Count 13,500
Asset Turnover 1.48
Inventory Turnover 137.29


In the past 12 months, TPI Composites has paid $22.01 million in taxes.

Income Tax 22.01M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -80.27% in the last 52 weeks. The beta is 1.94, so TPI Composites's price volatility has been higher than the market average.

Beta (1Y) 1.94
52-Week Price Change -80.27%
50-Day Moving Average 2.46
200-Day Moving Average 8.06
Relative Strength Index (RSI) 45.82
Average Volume (30 Days) 1,672,241

Short Selling Information

The latest short interest is 8.87 million, so 20.84% of the outstanding shares have been sold short.

Short Interest 8.87M
Short Previous Month 9.10M
Short % of Shares Out 20.84%
Short % of Float 22.54%
Short Ratio (days to cover) 4.68

Income Statement

In the last 12 months, TPI Composites had revenue of $1.38 billion and -$248.75 million in losses. Loss per share was -$5.87.

Revenue 1.38B
Gross Profit -49.47M
Operating Income -121.20M
Pretax Income -270.40M
Net Income -248.75M
EBITDA -221.07M
EBIT -262.17M
Loss Per Share -$5.87
Full Income Statement

Balance Sheet

The company has $169.95 million in cash and $331.07 million in debt, giving a net cash position of -$161.13 million or -$3.78 per share.

Cash & Cash Equivalents 169.95M
Total Debt 331.07M
Net Cash -161.13M
Net Cash Per Share -$3.78
Equity / Book Value -147.84M
Book Value Per Share -3.47
Working Capital 176.96M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$63.09 million and capital expenditures -$23.19 million, giving a free cash flow of -$86.27 million.

Operating Cash Flow -63.09M
Capital Expenditures -23.19M
Free Cash Flow -86.27M
FCF Per Share -$2.03
Full Cash Flow Statement


Gross margin is -3.57%, with operating and profit margins of -8.75% and -17.97%.

Gross Margin -3.57%
Operating Margin -8.75%
Pretax Margin -19.53%
Profit Margin -17.97%
EBITDA Margin -15.97%
EBIT Margin -18.94%
FCF Margin -6.23%

Dividends & Yields

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

Dividend Per Share n/a
Dividend Yield n/a
Earnings Yield -262.03%
FCF Yield -90.87%
Dividend Growth (YoY) n/a
Payout Ratio n/a
Buyback Yield -1.40%
Shareholder Yield -1.40%

Analyst Forecast

The average price target for TPI Composites is $11.30, which is 406.73% higher than the current price. The consensus rating is "Buy".

Price Target $11.30
Price Target Difference 406.73%
Analyst Consensus Buy
Analyst Count 12
Revenue Growth Forecast (5Y) 7.82%
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


TPI Composites has an Altman Z-Score of 0.16 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 0.16
Piotroski F-Score 3