Tecnoglass Inc (TGLS) - Net Assets
Based on the latest financial reports, Tecnoglass Inc (TGLS) has net assets worth $713.05 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.26 Billion) and total liabilities ($547.34 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check TGLS asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $713.05 Million |
| % of Total Assets | 56.57% |
| Annual Growth Rate | 126.38% |
| 5-Year Change | 191.4% |
| 10-Year Change | 524.15% |
| Growth Volatility | 158683.63 |
Tecnoglass Inc - Net Assets Trend (2011–2025)
This chart illustrates how Tecnoglass Inc's net assets have evolved over time, based on quarterly financial data. Also explore TGLS asset base for the complete picture of this company's asset base.
Annual Net Assets for Tecnoglass Inc (2011–2025)
The table below shows the annual net assets of Tecnoglass Inc from 2011 to 2025. For live valuation and market cap data, see TGLS market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $713.05 Million | +12.97% |
| 2024-12-31 | $631.18 Million | +15.18% |
| 2023-12-31 | $548.02 Million | +56.43% |
| 2022-12-31 | $350.32 Million | +43.17% |
| 2021-12-31 | $244.70 Million | +17.34% |
| 2020-12-31 | $208.54 Million | +11.39% |
| 2019-12-31 | $187.21 Million | +40.52% |
| 2018-12-31 | $133.23 Million | +9.50% |
| 2017-12-31 | $121.67 Million | +6.50% |
| 2016-12-31 | $114.24 Million | +68.31% |
| 2015-12-31 | $67.88 Million | -9.81% |
| 2014-12-31 | $75.26 Million | +15.57% |
| 2013-12-31 | $65.12 Million | +37.71% |
| 2012-12-31 | $47.29 Million | +616177.86% |
| 2011-12-31 | $7.67K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tecnoglass Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 67057532700.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $670.56 Million | 94.04% |
| Common Stock | $5.00K | 0.00% |
| Other Comprehensive Income | $-31.65 Million | -4.44% |
| Other Components | $74.14 Million | 10.40% |
| Total Equity | $713.05 Million | 100.00% |
Tecnoglass Inc Competitors by Market Cap
The table below lists competitors of Tecnoglass Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sparebanken Vest
OL:SVEG
|
$1.84 Billion |
|
Xgd Inc
SHE:300130
|
$1.84 Billion |
|
Shuangliang Eco-Energy Systems Co Ltd
SHG:600481
|
$1.84 Billion |
|
Surgery Partners Inc
NASDAQ:SGRY
|
$1.84 Billion |
|
Zhejiang Fenglong Electric Co Ltd Class A
SHE:002931
|
$1.83 Billion |
|
Americas Silver Corp
TO:USA
|
$1.83 Billion |
|
Metrovacesa SA
MC:MVC
|
$1.83 Billion |
|
Grupo Gigante S. A. B. de C. V
MX:GIGANTE
|
$1.83 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tecnoglass Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 631,183,000 to 713,052,000, a change of 81,869,000 (13.0%).
- Net income of 159,566,000 contributed positively to equity growth.
- Dividend payments of 28,127,000 reduced retained earnings.
- Share repurchases of 117,954,000 reduced equity.
- Other comprehensive income increased equity by 68,052,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $159.57 Million | +22.38% |
| Dividends Paid | $28.13 Million | -3.94% |
| Share Repurchases | $117.95 Million | -16.54% |
| Other Comprehensive Income | $68.05 Million | +9.54% |
| Other Changes | $332.00K | +0.05% |
| Total Change | $- | 12.97% |
Book Value vs Market Value Analysis
This analysis compares Tecnoglass Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.69x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 8235.03x to 2.69x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | $0.00 | $41.03 | x |
| 2012-12-31 | $30.02 | $41.03 | x |
| 2013-12-31 | $3.14 | $41.03 | x |
| 2014-12-31 | $2.71 | $41.03 | x |
| 2015-12-31 | $2.43 | $41.03 | x |
| 2016-12-31 | $3.78 | $41.03 | x |
| 2017-12-31 | $3.40 | $41.03 | x |
| 2018-12-31 | $3.48 | $41.03 | x |
| 2019-12-31 | $4.20 | $41.03 | x |
| 2020-12-31 | $4.48 | $41.03 | x |
| 2021-12-31 | $5.12 | $41.03 | x |
| 2022-12-31 | $7.32 | $41.03 | x |
| 2023-12-31 | $11.54 | $41.03 | x |
| 2024-12-31 | $13.43 | $41.03 | x |
| 2025-12-31 | $15.28 | $41.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tecnoglass Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 22.38%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.22%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 1.77x
- Recent ROE (22.38%) is above the historical average (20.13%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 12.46% | 4.52% | 0.85x | 3.26x | $1.16 Million |
| 2013 | 34.26% | 12.17% | 0.74x | 3.81x | $15.80 Million |
| 2014 | 27.00% | 10.29% | 0.77x | 3.40x | $12.79 Million |
| 2015 | -2.26% | -0.64% | 0.75x | 4.71x | $-8.32 Million |
| 2016 | 20.41% | 7.66% | 0.76x | 3.50x | $11.90 Million |
| 2017 | 4.53% | 1.73% | 0.67x | 3.89x | $-6.58 Million |
| 2018 | 6.82% | 2.43% | 0.76x | 3.70x | $-4.20 Million |
| 2019 | 13.15% | 5.69% | 0.76x | 3.05x | $5.87 Million |
| 2020 | 11.48% | 6.34% | 0.71x | 2.55x | $3.08 Million |
| 2021 | 27.95% | 13.72% | 0.84x | 2.43x | $43.76 Million |
| 2022 | 44.65% | 21.73% | 0.98x | 2.11x | $120.86 Million |
| 2023 | 33.37% | 21.95% | 0.87x | 1.76x | $128.08 Million |
| 2024 | 25.56% | 18.12% | 0.88x | 1.61x | $98.19 Million |
| 2025 | 22.38% | 16.22% | 0.78x | 1.77x | $88.26 Million |
Industry Comparison
This section compares Tecnoglass Inc's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $3,063,351,706
- Average return on equity (ROE) among peers: 12.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tecnoglass Inc (TGLS) | $713.05 Million | 12.46% | 0.77x | $1.84 Billion |
| Amrize Ltd (AMRZ) | $9.20 Billion | 10.39% | 1.50x | $27.46 Billion |
| Capstone Holding Corp. Common Stock (CAPS) | $69.15 Million | 0.00% | 0.05x | $3.71 Million |
| Captivision Inc. (CAPT) | $-12.26 Million | 0.00% | 0.00x | $323.44K |
| Cementos Pacasmayo SAA ADR (CPAC) | $429.36 Million | 30.75% | 1.06x | $884.47 Million |
| Cemex SAB de CV ADR (CX) | $17.13 Billion | 0.97% | 1.54x | $17.28 Billion |
| Eagle Materials Inc (EXP) | $1.04 Billion | 14.66% | 0.81x | $6.44 Billion |
| James Hardie Industries PLC ADR (JHX) | $-212.20 Million | 0.00% | 0.00x | $11.95 Billion |
| Knife River Corporation (KNF) | $1.48 Billion | 13.66% | 0.93x | $4.58 Billion |
| Loma Negra Compania Industrial Argentina SA ADR (LOMA) | $1.13 Billion | 43.45% | 6.93x | $1.30 Billion |
| Martin Marietta Materials Inc (MLM) | $376.30 Million | 14.27% | 0.58x | $35.43 Billion |
About Tecnoglass Inc
Tecnoglass Inc. manufactures, supplies, and installs architectural glass, windows, and aluminum and vinyl products for commercial and residential construction markets in Colombia, the United States, Panama, and internationally. The company offers low emissivity, laminated/thermo-laminated, thermo-acoustic, tempered, silk-screened, curved, and digital print glass products. It also provides aluminu… Read more