TPI Composites (MEX:TPIC) Net Cash per Share: MXN-372.46 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:TPIC TPI Composites Inc MEX:TPIC
16 GF Score
Price MXN99.00
GF Value MXN49,956.92
! 7 Warning Signs
View Full Analysis

What is TPI Composites Net Cash per Share?

TPI Composites MEX:TPIC 16 Net Cash per Share is MXN-372.46 as of Dec. 2025. GuruFocus rates MEX:TPIC with a GF Score™ of 16/100 and a GF Value™ of MXN49,956.92. The stock has 7 warning signs investors should review. Among 598 Industrial Products companies, TPI Composites ranks worse than 167223.91% on this metric.

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). TPI Composites's Net Cash per Share for the quarter that ended in Dec. 2025 was MXN-372.46.

The historical rank and industry rank for TPI Composites's Net Cash per Share or its related term are showing as below:

MEX:TPIC's Price-to-Net-Cash is not ranked *
in the Industrial Products industry.
Industry Median: 10.665
* Ranked among companies with meaningful Price-to-Net-Cash only.

TPI Composites  (MEX:TPIC) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


TPI Composites Net Cash per Share Related Terms


TPI Composites Net Cash per Share Historical Data

* Premium members only.

The historical data trend for TPI Composites's Net Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

TPI Composites Net Cash per Share Chart

TPI Composites Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -230.93 -217.14 -279.55 -404.07 -372.46

TPI Composites Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -404.07 -384.90 -375.09 -351.68 -372.46

MEX:TPIC vs RAKR, OZSC, ADNH: Net Cash per Share Comparison

For the Specialty Industrial Machinery subindustry, TPI Composites's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TPI Composites Price-to-Net-Cash vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, TPI Composites's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where TPI Composites's Price-to-Net-Cash falls into.


MEX:TPIC
16GF Score
TPI Composites Inc MEX:TPIC
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TPI Composites Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

TPI Composites's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as

Net Cash per Share (A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(250.261-18400.187-0)/48.730
=-372.46

TPI Composites's Net Cash per Share for the quarter that ended in Dec. 2025 is calculated as

Net Cash per Share (Q: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(250.261-18400.187-0)/48.730
=-372.46

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Cash per Share →
What does a Net Cash per Share of MXN-372.46 mean?
TPI Composites (MEX:TPIC) has a Net Cash per Share of MXN-372.46 as of Dec. 2025. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on TPI Composites and its competitors. According to the industry distribution chart, TPI Composites ranks #999999 out of 598 companies in the Industrial Products industry.
Is TPI Composites' Net Cash per Share too high?
TPI Composites' current Net Cash per Share is MXN-372.46. Based on the distribution chart, TPI Composites ranks #999999 out of 598 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, TPI Composites has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does TPI Composites' Net Cash per Share compare to RAKR and OZSC?
According to the Industrial Products industry distribution chart, TPI Composites ranks #999999 out of 598 companies for Net Cash per Share. This places TPI Composites in the lower half of its industry. The industry median Net Cash per Share is 10.67. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for an Industrial Products company?
The median Net Cash per Share among Industrial Products companies is 10.67, based on 598 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on TPI Composites and its competitors. For the Industrial Products industry, the median Net Cash per Share is 10.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TPI Composites's current Net Cash per Share is MXN-372.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPI Composites stock overvalued right now?
TPI Composites (MEX:TPIC) has a current Net Cash per Share of MXN-372.46. The stock's GF Value™ is MXN49,956.92, compared to a current price of MXN99.00 — trading 99.8% below its estimated fair value. The current Net Cash per Share is MXN-372.46. TPI Composites' overall GF Score™ is 16/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For TPI Composites (MEX:TPIC), the current Net Cash per Share is MXN-372.46 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is TPI Composites (MEX:TPIC) Overvalued in 2026?

Based on GuruFocus' analysis, TPI Composites stock appears to be undervalued. The current stock price of MXN99.00 is trading 99.8% below its estimated GF Value™ of MXN49,956.92.

Key valuation signals for MEX:TPIC:

  • Net Cash per Share: MXN-372.46
  • GF Value™: MXN49,956.92 vs. price of MXN99.00 (99.8% below fair value)
  • GF Score™: 16/100 with 7 warning signs

No single metric tells the full story. See the MEX:TPIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TPI Composites Business Description

Other Exchanges TPICQ:USA
Address 9200 E Pima Center Parkway, Suite 250, Scottsdale, AZ, USA, 85258
TPI Composites Inc is engaged in manufacturing composite wind blades. The company operates in wind energy and transportation industries where it manufactures structures for a bus, rail, theme parks, and trucks. Geographically the segments are divided into the U.S, Asia, Mexico, EMEA and India where the Mexico segment derives a majority of revenue.
16GF Score

Get the complete analysis for MEX:TPIC

Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN99.00
Price
MXN49,956.92
GF Value