TPIC - TPI Composites, Inc.
NASDAQ
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Industrials
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Specialty Industrial Machinery
Scottsdale,
United States
Type: Equity
TPIC price evolution
TPIC
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $171.9 | $169.95 | $179.34 | $173.02 |
| Short term investments | ||||
| Net receivables | $138.03 | $135.66 | $158.41 | $178.65 |
| Inventory | $9.42 | $5.78 | $7.17 | $14.54 |
| Total current assets | $503.07 | $562.43 | $642.81 | $686.21 |
| Long term investments | ||||
| Property, plant & equipment | $264.93 | $262.8 | $272.02 | $279.03 |
| Goodwill & intangible assets | $5.25 | |||
| Total noncurrent assets | $301 | $293.02 | $302.13 | $306.69 |
| Total investments | ||||
| Total assets | $804.08 | $855.45 | $944.95 | $992.9 |
| Current liabilities | ||||
| Accounts payable | $227.72 | $247.56 | $273.87 | $278.68 |
| Deferred revenue | $24.02 | $1.79 | ||
| Short long term debt | $92.48 | $85.2 | $84.55 | $84.22 |
| Total current liabilities | $386.42 | $385.46 | $417.43 | $401.45 |
| Long term debt | $531.86 | $245.87 | $253.65 | $258.46 |
| Total noncurrent liabilities | $539.96 | $261.14 | $265.96 | $269.62 |
| Total debt | $624.34 | $331.07 | $338.2 | $342.68 |
| Total liabilities | $926.38 | $646.61 | $683.39 | $671.06 |
| Shareholders' equity | ||||
| Retained earnings | -$536.35 | -$478.75 | -$421.93 | -$356.7 |
| Other shareholder equity | -$7.63 | -$10.83 | -$12.31 | -$13.38 |
| Total shareholder equity | -$122.3 | -$147.84 | -$79.09 | -$3.22 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $171.9 | $143.4 | $252.22 | $130.2 |
| Short term investments | $2.79 | |||
| Net receivables | $138.03 | $426.08 | $157.8 | $132.77 |
| Inventory | $9.42 | $10.66 | $11.53 | $10.84 |
| Total current assets | $503.07 | $645.16 | $660.27 | $548.16 |
| Long term investments | ||||
| Property, plant & equipment | $264.93 | $289.15 | $306.77 | $367.83 |
| Goodwill & intangible assets | $5.25 | $6.07 | $6.35 | $6.95 |
| Total noncurrent assets | $301 | $317.01 | $347.43 | $408.1 |
| Total investments | ||||
| Total assets | $804.08 | $962.18 | $1007.7 | $956.26 |
| Current liabilities | ||||
| Accounts payable | $227.72 | $280.5 | $336.7 | $295.99 |
| Deferred revenue | $24.02 | $17.1 | $1.27 | $0.61 |
| Short long term debt | $92.48 | $82.19 | $89.12 | $58.65 |
| Total current liabilities | $386.42 | $456.58 | $469.11 | $406.11 |
| Long term debt | $531.86 | $1.2 | $154.69 | $340.24 |
| Total noncurrent liabilities | $539.96 | $145.23 | $165.66 | $349.11 |
| Total debt | $624.34 | $216.76 | $243.81 | $398.89 |
| Total liabilities | $926.38 | $601.81 | $634.77 | $755.22 |
| Shareholders' equity | ||||
| Retained earnings | -$536.35 | -$334.57 | -$269.26 | -$109.72 |
| Other shareholder equity | -$7.63 | -$15.39 | -$54.01 | -$32.99 |
| Total shareholder equity | -$122.3 | $50.49 | $121.95 | $201.03 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $296.99 | $372.86 | $381.27 | $404.07 |
| Cost of revenue | $328.69 | $384.04 | $428.64 | $401.36 |
| Gross Profit | -$31.7 | -$11.18 | -$47.37 | $2.71 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $6.62 | $28.71 | $6.77 | $7.03 |
| Total operating expenses | $14.78 | $35.73 | $14.83 | $10.7 |
| Operating income | -$46.48 | -$46.91 | -$62.21 | -$8 |
| Income from continuing operations | ||||
| EBIT | $24.8 | -$63.18 | -$78.65 | -$30.91 |
| Income tax expense | $5.36 | $8.04 | $0.3 | $3.86 |
| Interest expense | $6.08 | $1.63 | $1.88 | $2.53 |
| Net income | ||||
| Net income | $13.37 | -$72.85 | -$80.83 | -$37.3 |
| Income (for common shares) | $13.37 | -$72.85 | -$80.83 | -$37.3 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $1455.18 | $1522.74 | $1732.58 | $1670.14 |
| Cost of revenue | $1542.73 | $1508.1 | $1764.16 | $1606.04 |
| Gross Profit | -$87.55 | $14.64 | -$31.58 | $64.1 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $49.13 | $32.35 | $29.25 | $33.5 |
| Total operating expenses | $76.05 | $42.45 | $66.12 | $45.33 |
| Operating income | -$163.59 | -$27.81 | -$97.7 | $18.77 |
| Income from continuing operations | ||||
| EBIT | -$147.94 | -$89.57 | -$119.17 | $2.76 |
| Income tax expense | $17.56 | $29.61 | $26.76 | $11.28 |
| Interest expense | $12.11 | $5.03 | $13.62 | $10.5 |
| Net income | ||||
| Net income | -$177.61 | -$124.21 | -$159.55 | -$19.03 |
| Income (for common shares) | -$177.61 | -$124.21 | -$165.59 | -$19.03 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | $13.37 | -$72.85 | -$80.83 | -$37.3 |
| Operating activities | ||||
| Depreciation | $9.07 | $9.58 | $10.49 | $9.72 |
| Business acquisitions & disposals | $12.84 | |||
| Stock-based compensation | $0.6 | $2.58 | $4.04 | $2.67 |
| Total cash flows from operations | $4.94 | -$11.65 | $9.61 | -$83.86 |
| Investing activities | ||||
| Capital expenditures | -$20.29 | -$9.15 | -$3.42 | -$3.27 |
| Investments | ||||
| Total cash flows from investing | -$20.29 | $3.68 | -$3.42 | -$3.27 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | -$0.03 | -$2.55 | ||
| Net borrowings | $12.96 | $0.92 | $0.4 | $128.88 |
| Total cash flows from financing | $12.96 | $0.92 | $0.36 | $107.75 |
| Effect of exchange rate | $1.32 | -$0.21 | $0.18 | $0.73 |
| Change in cash and equivalents | -$1.07 | -$7.26 | $6.74 | $21.34 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | -$177.61 | -$124.21 | -$159.55 | -$19.03 |
| Operating activities | ||||
| Depreciation | $38.87 | $45.48 | $52.59 | $49.67 |
| Business acquisitions & disposals | $12.84 | |||
| Stock-based compensation | $9.88 | $15.08 | $8.41 | $10.35 |
| Total cash flows from operations | -$80.97 | -$62.27 | -$25.52 | $37.57 |
| Investing activities | ||||
| Capital expenditures | -$36.14 | -$18.83 | -$37.12 | -$65.67 |
| Investments | ||||
| Total cash flows from investing | -$23.3 | -$18.83 | -$37.12 | -$65.67 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | -$2.58 | -$0.91 | $4.72 | $13.65 |
| Net borrowings | $143.17 | -$13.69 | -$145.09 | $74.96 |
| Total cash flows from financing | $121.99 | -$14.6 | $198.92 | $88.61 |
| Effect of exchange rate | $2.02 | -$3.45 | -$14.25 | -$2.07 |
| Change in cash and equivalents | $19.74 | -$99.15 | $122.02 | $58.45 |
News
Fundamentals
| Market cap | $127.33M |
|---|---|
| Enterprise value | $579.78M |
| Shares outstanding | 46.47M |
| Revenue | $1.46B |
|---|---|
| EBITDA | -$109.07M |
| EBIT | -$147.94M |
| Net Income | -$177.61M |
| Revenue Q/Q | 31.27% |
| Revenue Y/Y | -4.44% |
| P/E ratio | -0.72 |
|---|---|
| EV/Sales | 0.40 |
| EV/EBITDA | -5.32 |
| EV/EBIT | -3.92 |
| P/S ratio | 0.09 |
| P/B ratio | -1.11 |
| Book/Share | -2.47 |
| Cash/Share | 3.70 |
| EPS | -$3.82 |
|---|---|
| ROA | -19.75% |
| ROE | 201.58% |
| Debt/Equity | -7.57 |
|---|---|
| Net debt/EBITDA | -6.92 |
| Current ratio | 1.30 |
| Quick ratio | 1.28 |