AI Spotlight on TPIC
Company Description
TPI Composites, Inc.manufactures and sells composite wind blades, and related precision molding and assembly systems to original equipment manufacturers (OEMs).The company also provides composite solutions for the transportation industry; and field service inspection and repair services to OEM customers and wind farm owners and operators.
It operates in the United States, Asia, Mexico, Europe, the Middle East, Africa, and India.The company was formerly known as LCSI Holding, Inc.and changed its name to TPI Composites, Inc.
in 2008.TPI Composites, Inc.was founded in 1968 and is headquartered in Scottsdale, Arizona.
Market Data
Last Price | 1.63 |
Change Percentage | 0.00% |
Open | 1.63 |
Previous Close | 1.63 |
Market Cap ( Millions) | 78 |
Volume | 1298618 |
Year High | 5.75 |
Year Low | 1.1 |
M A 50 | 1.7 |
M A 200 | 3.42 |
Financial Ratios
FCF Yield | -144.82% |
Dividend Yield | 0.00% |
ROE | 110.89% |
Debt / Equity | -229.83% |
Net Debt / EBIDTA | -600.49% |
Price To Book | -0.24 |
Price Earnings Ratio | -0.31 |
Price To FCF | -0.69 |
Price To sales | 0.06 |
EV / EBITDA | -6.76 |
News
- Jan -30 - TPI Composites, Inc. Announces Fourth Quarter and Full Year 2024 Earnings Release Date and Conference Call
- Nov -08 - TPI Composites, Inc. (TPIC) Q3 2024 Earnings Call Transcript
- Nov -08 - TPI Composites (TPIC) Reports Q3 Earnings: What Key Metrics Have to Say
- Nov -08 - TPI Composites (TPIC) Reports Q3 Loss, Tops Revenue Estimates
- Nov -07 - TPI Composites, Inc. Announces Third Quarter 2024 Earnings Results β Operational Execution and Strategic Initiatives Drive Improved Profitability
- Nov -07 - Jennifer Lowry to Join the Board of Directors of TPI Composites, Inc.
- Oct -17 - TPI Composites, Inc. Announces Third Quarter 2024 Earnings Release Date and Conference Call
- Aug -14 - TPI Composites Participates in Cure Optimization for Wind Blade Fabrication with University of Texas at Dallas
- Aug -09 - TPI Composites, Inc. (TPIC) Q2 2024 Earnings Call Transcript
- Aug -08 - TPI Composites (TPIC) Reports Q2 Loss, Misses Revenue Estimates
- Aug -08 - TPI Composites, Inc. Announces Second Quarter 2024 Earnings Results β Remains Well Positioned for a Recovery in the Second Half of 2024
- Aug -07 - TPI Composites (TPIC) Q2 Earnings Preview: What You Should Know Beyond the Headline Estimates
- Jul -18 - TPI Composites, Inc. Announces Second Quarter 2024 Earnings Release Date and Conference Call
- Jul -16 - 3 Under-the-Radar Clean Energy Stocks With Upside Potential, Regardless Of Who's In The White House
- Jun -18 - TPI Composites (TPIC) Inks Deal to Sell Automotive Business
- Jun -17 - TPI Composites Announces Agreement to Divest Automotive Business Unit as a Part of Continued Focus on Wind
- May -03 - TPI Composites, Inc. (TPIC) Q1 2024 Earnings Call Transcript
- May -02 - Compared to Estimates, TPI Composites (TPIC) Q1 Earnings: A Look at Key Metrics
- May -02 - TPI Composites, Inc. Announces First Quarter 2024 Earnings Results β Results In-line with Company Expectations; Reiterate Full Year 2024 Financial Guidance
- Apr -25 - TPI Composites (TPIC) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Wind Blade, Tooling and Other Wind Related
Expected Growth : 8.5 %
What the company do ?
TPI Composites, Inc. provides wind blades, tooling, and other wind-related products, offering innovative solutions for the wind energy industry.
Why we expect these perspectives ?
TPI Composites' Wind Blade, Tooling, and Other Wind Related segments' 8.5% growth is driven by increasing demand for renewable energy, technological advancements in wind turbine design, and growing adoption of larger, more efficient blades. Additionally, rising global wind installations, favorable government policies, and strategic partnerships with leading OEMs contribute to the segment's growth.
Segment nΒ°2 -> Field Service, Inspection and Repair Services
Expected Growth : 8.0 %
What the company do ?
TPI Composites, Inc.'s Field Service, Inspection and Repair Services provide on-site maintenance, inspection, and repair solutions for wind blades and other composite structures, ensuring optimal performance and extending their lifespan.
Why we expect these perspectives ?
TPI Composites' Field Service, Inspection and Repair Services segment growth of 8.0% is driven by increasing adoption of wind energy, rising demand for maintenance and repair services, expansion into new geographies, and strategic partnerships with original equipment manufacturers (OEMs) and wind farm operators.
Segment nΒ°3 -> Automotive
Expected Growth : 7.5 %
What the company do ?
TPI Composites, Inc.'s Automotive segment manufactures advanced composite vehicle components, including body panels, chassis components, and battery enclosures for electric vehicles.
Why we expect these perspectives ?
TPI Composites' 7.5% growth in Automotive is driven by increasing adoption of electric vehicles, growing demand for lightweight composite materials, and expansion into new markets. Additionally, partnerships with major OEMs, investments in manufacturing capacity, and innovative product offerings contribute to the segment's growth.
Tpi Composites, Inc. Products
Product Range | What is it ? |
---|---|
Wind Blades | TPI Composites, Inc. designs and manufactures high-performance wind blades for the wind energy industry. |
Transportation Composites | TPI Composites, Inc. provides advanced composite solutions for the transportation industry, including bus and rail applications. |
Industrial Composites | TPI Composites, Inc. offers a range of industrial composite products, including pipes, tanks, and other industrial equipment. |
Aerospace Composites | TPI Composites, Inc. designs and manufactures advanced composite structures for the aerospace industry. |
TPI Composites, Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for TPI Composites, Inc. is medium due to the presence of alternative materials and technologies in the wind energy industry.
Bargaining Power Of Customers
The bargaining power of customers for TPI Composites, Inc. is low due to the company's strong relationships with its customers and the lack of buyer concentration in the industry.
Bargaining Power Of Suppliers
The bargaining power of suppliers for TPI Composites, Inc. is medium due to the presence of multiple suppliers in the industry, but the company's dependence on a few critical suppliers.
Threat Of New Entrants
The threat of new entrants for TPI Composites, Inc. is low due to the high barriers to entry in the wind energy industry, including the need for significant capital investment and technological expertise.
Intensity Of Rivalry
The intensity of rivalry for TPI Composites, Inc. is high due to the competitive nature of the wind energy industry, with multiple players competing for market share.
Capital Structure
Value | |
---|---|
Debt Weight | 131.84% |
Debt Cost | 3.95% |
Equity Weight | -31.84% |
Equity Cost | 13.68% |
WACC | 0.85% |
Leverage | -414.08% |
TPI Composites, Inc. : Quality Control
TPI Composites, Inc. passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
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