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Upturn AI SWOT - About
TPIC 
TPI Composites Inc (TPIC)
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Upturn Advisory Summary
04/01/2025: TPIC (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit -55.03% | Avg. Invested days 23 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 38.37M USD | Price to earnings Ratio - | 1Y Target Price 3.26 |
Price to earnings Ratio - | 1Y Target Price 3.26 | ||
Volume (30-day avg) 1034813 | Beta 2.07 | 52 Weeks Range 0.73 - 5.75 | Updated Date 04/1/2025 |
52 Weeks Range 0.73 - 5.75 | Updated Date 04/1/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -4.43 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -18.08% | Operating Margin (TTM) -2.56% |
Management Effectiveness
Return on Assets (TTM) -6.73% | Return on Equity (TTM) -352.92% |
Valuation
Trailing PE - | Forward PE 18.48 | Enterprise Value 584775491 | Price to Sales(TTM) 0.03 |
Enterprise Value 584775491 | Price to Sales(TTM) 0.03 | ||
Enterprise Value to Revenue 0.44 | Enterprise Value to EBITDA -4.59 | Shares Outstanding 47609100 | Shares Floating 33272597 |
Shares Outstanding 47609100 | Shares Floating 33272597 | ||
Percent Insiders 30.09 | Percent Institutions 62.96 |
Analyst Ratings
Rating 3.36 | Target Price 3.97 | Buy - | Strong Buy 3 |
Buy - | Strong Buy 3 | ||
Hold 7 | Sell - | Strong Sell 1 | |
Strong Sell 1 |
Upturn AI SWOT
TPI Composites Inc
Company Overview
History and Background
TPI Composites, Inc. was founded in 1968 and has evolved from a transportation composites company to a leading independent manufacturer of composite wind blades for the global wind energy market. It initially focused on specialized transportation components before shifting its focus to wind energy and other composite solutions.
Core Business Areas
- Wind Blades: Manufacturing composite wind blades for wind turbine manufacturers. This is the primary revenue driver for TPI Composites.
- Transportation: Manufacturing composite solutions for the transportation market, including structural components.
- Other Composites: Manufacturing composite products for diverse markets, including aerospace, defense, and industrial applications.
Leadership and Structure
TPI Composites Inc. is led by a management team headed by the Chief Executive Officer. The organizational structure includes departments for operations, sales, engineering, and finance. It operates globally with manufacturing facilities located in several countries.
Top Products and Market Share
Key Offerings
- Wind Blades: TPI Composites is primarily known for its manufacturing of wind blades. Market share data for wind blade manufacturers fluctuates but TPI is among the top independent manufacturers globally. Competitors include Vestas, Siemens Gamesa, and LM Wind Power, which are often vertically integrated with turbine manufacturers. Exact revenue attributable to wind blades is not publicly segmented, but it comprises the vast majority of TPI's revenue.
- Composite Structures for Transportation: TPI manufactures composite structures for trucks, buses and rail. These are smaller revenue contributors compared to Wind Blades. Competitors include other composite manufacturers such as Toray Industries and Hexcel Corporation.
Market Dynamics
Industry Overview
The wind energy industry is driven by the global transition to renewable energy, supported by government incentives, decreasing costs of wind energy, and increasing demand for clean energy sources.
Positioning
TPI Composites is positioned as an independent supplier to wind turbine manufacturers. Its competitive advantages include its global manufacturing footprint, engineering expertise, and ability to scale production to meet customer demand.
Total Addressable Market (TAM)
The global wind turbine market is expected to reach hundreds of billions of dollars. TPI is positioned to capture a portion of this market by supplying wind blades to various turbine manufacturers. Growth of TAM is dependent on governments renewable energy incentives and global electricity growth.
Upturn SWOT Analysis
Strengths
- Global Manufacturing Footprint
- Strong relationships with major wind turbine manufacturers
- Engineering and design expertise
- Ability to scale production
- Independent supplier
Weaknesses
- Customer concentration (reliance on a few major customers)
- Exposure to cyclicality in the wind energy market
- Raw material price volatility
- Labor costs at different geographic locations
- Financial performance relies heavily on wind energy sector health
Opportunities
- Growth in emerging markets
- Expansion into other composite applications (e.g., aerospace, automotive)
- Development of larger and more efficient wind blades
- Partnerships with other renewable energy companies
- Increase in demand for renewable energy
Threats
- Competition from vertically integrated turbine manufacturers
- Changes in government incentives and regulations
- Economic downturns
- Technological advancements in wind turbine design
- Increased commodity pricing
Competitors and Market Share
Key Competitors
- VESTAS (VWDRY)
- SIEMENS GAMESA (GCTAF)
- LM WIND POWER
Competitive Landscape
TPI competes primarily with vertically integrated wind turbine manufacturers that produce their own blades, as well as other independent blade manufacturers. TPI's advantage is its independence, allowing it to supply blades to multiple turbine manufacturers.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been dependent on demand within the wind energy sector. Growth trends can be assessed by analyzing revenue and production volume from previous years.
Future Projections: Future growth projections can be derived from analyst estimates and company guidance, which typically considers factors such as global energy demand and the wind industry's growth forecasts.
Recent Initiatives: Recent strategic initiatives may include capacity expansions, new technology development, and partnerships with wind turbine manufacturers.
Summary
TPI Composites is a leading independent wind blade manufacturer well-positioned in the renewable energy sector. Its strengths include a global footprint and strong customer relationships; however, customer concentration and market cyclicality pose risks. Growth opportunities exist in emerging markets and new composite applications. To ensure future success, TPI needs to diversity its customer base and mitigate financial risks stemming from its current reliance on a few large customers.
Similar Companies
Sources and Disclaimers
Data Sources:
- TPI Composites Inc. Annual Reports
- Industry Reports on Wind Energy Market
- Analyst Reports
- Company Press Releases
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market conditions can change rapidly, and actual results may differ.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About TPI Composites Inc
Exchange NASDAQ | Headquaters Scottsdale, AZ, United States | ||
IPO Launch date 2016-07-22 | President, CEO & Director Mr. William E. Siwek CPA | ||
Sector Industrials | Industry Specialty Industrial Machinery | Full time employees 11700 | Website https://www.tpicomposites.com |
Full time employees 11700 | Website https://www.tpicomposites.com | ||
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. It also provides field service inspection and repair services, including diagnostic, repair, and maintenance services for wind blades to OEM customers, and wind farm owners and operators. 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.
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