Professional
Added to YB: 2024-09-20
Pitch date: 2024-09-18
TPIC [neutral]
TPI Composites, Inc.
-99.45%
current return
Author Info
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Company Info
TPI Composites, Inc. manufactures and sells composite wind blades, and related precision molding and assembly systems to original equipment manufacturers (OEMs) in the United States, Mexico, Europe, the Middle East, Africa, and India.
Market Cap
$7.6M
Pitch Price
$4.55
Price Target
N/A
Dividend
N/A
EV/EBITDA
280.55
P/E
-0.04
EV/Sales
0.47
Sector
Electrical Equipment
Category
turnaround
Pernas Research More Research Needed On: TPI Composites, Inc.
TPIC more research needed: Leading US wind blade maker (33% mkt share ex-China). 2024 pivotal: divested non-core, fixed quality issues, closed facility. Still unprofitable, 2 quarters cash left. Mgmt guides profitable H2, ~5% FCF yield 2025. Favorable wind outlook, but execution crucial given loss history. Monitor for operational improvements.
Read full article (1 min)