Tantech Holdings Ltd. Class A Common Shares (TANH)

FairStock Score: 38/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

Tantech is a tiny consumer-defensive company—$4.9M market cap, 45 employees—selling bamboo charcoal products. That is not the kind of business with a durable moat. It is a small niche manufacturer in a commodity-like category, with no scale or brand evidence in the data. The financial picture is poor. FairStock calculations at the 2026-10-13 close give a P/E of -0.02 and P/B of 0.92; negative earnings mean the P/E is not a valuation anchor. FairStock return metrics show ROE of -25.97% and ROCE of -5.72%, so capital is being destroyed. The Piotroski F-Score is 1/9 and the Altman Z-Score is 1.02, which points to financial distress. The one real strength is a D/E of 0.04, so leverage is low. Growth? Revenue and profit growth are N/A in the supplied data, and the Lynch category is none because only 0 years of filed results are available, against the 3 needed. That lack of history matters to a Graham-style investor. P/B below 1 at the close might look cheap, but when returns are negative and the Altman score is distressed, book value can shrink. The 52-week range of $0.30 to $29.89 shows extreme volatility. A beta of 0.56 does not offset that. FairStock score 38/100 confirms a weak overall picture. I would need stable filings, positive returns on capital, and a margin of safety in cash earnings before treating this as anything but speculative. Price below book alone is not enough.

In plain English: Tantech makes bamboo charcoal products for homes, farms, and cleaning, mostly in China and some international markets. The business looks weak right now: it is losing money and has very little filed financial history. The share price looks cheap compared with the company's stated accounting value, but the weak finances make that cheapness uncertain.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer