Discounted Cash Flow

Tecnoglass Inc.

TGLS · Based on 10 years of SEC filings

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2016 $305.0m $23.2m $-20.6m 7.6% $0.79
2017 $314.5m (3.1%) $5.4m (-76.5%) $-5.2m (74.8%) 1.7% (-77.2%) $0.16 (-79.7%)
2018 $371.0m (18.0%) $9.0m (65.7%) $-18.1m (-248.2%) 2.4% (40.5%) $0.23 (43.8%)
2019 $430.9m (16.2%) $24.5m (171.7%) $1.8m (109.8%) 5.7% (133.9%) $0.55 (139.1%)
2020 $374.9m (-13.0%) $24.2m (-1.3%) $53.1m (2872.1%) 6.5% (13.4%) $0.52 (-5.5%)
2021 $496.8m (32.5%) $68.4m (182.6%) $65.7m (23.8%) 13.8% (113.3%) $1.43 (175.0%)
2022 $716.6m (44.2%) $155.7m (127.6%) $70.6m (7.4%) 21.7% (57.8%) $3.28 (129.4%)
2023 $833.3m (16.3%) $182.9m (17.4%) $60.9m (-13.8%) 21.9% (1.0%) $3.85 (17.4%)
2024 $890.2m (6.8%) $161.3m (-11.8%) $91.0m (49.5%) 18.1% (-17.4%) $3.43 (-10.9%)
2025 $983.6m (10.5%) $159.6m (-1.1%) $34.5m (-62.1%) 16.2% (-10.5%) $3.42 (-0.3%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model