13 years of historical data (2012–2024) · Consumer Defensive · Household & Personal Products
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Tantech Holdings Ltd currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis. On a free-cash-flow basis, the stock trades at 0.2x P/FCF, 99% below the 5-year average of 38.7x.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $932178 | $4M | $132M | $87M | $763M | $1.6B | $2.1B | $2.0B | $2.7B | $1.9B | $4.5B |
| Enterprise Value | $-29750748 | $-27111337 | $112M | $77M | $733M | $1.6B | $2.1B | $2.0B | $2.7B | $1.9B | $4.5B |
| P/E Ratio → | -0.11 | — | 0.44 | 28.67 | — | — | — | 1012.36 | 688.00 | 897.74 | 429.39 |
| P/S Ratio | 0.02 | 0.08 | 2.78 | 1.62 | 13.80 | 38.60 | 42.43 | 67.68 | 62.21 | 39.02 | 75.96 |
| P/B Ratio | 0.00 | 0.03 | 1.07 | 0.75 | 6.78 | 16.40 | 22.10 | 18.19 | 24.45 | 23.19 | 61.14 |
| P/FCF | 0.24 | 0.91 | 27.08 | 10.54 | — | 116.35 | 143.03 | 141.86 | 1206.38 | — | 1062.03 |
| P/OCF | 0.23 | 0.90 | 25.04 | 10.43 | — | 115.16 | 142.14 | 136.43 | 1163.30 | — | 1004.15 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | -0.63 | 2.37 | 1.44 | 13.26 | 37.93 | 42.33 | 67.86 | 62.26 | 39.03 | 76.00 |
| EV / EBITDA | -5.30 | -4.83 | 49.20 | 11.59 | — | — | 1273.94 | 586.27 | 498.05 | 270.86 | 383.61 |
| EV / EBIT | -7.47 | -29.64 | 14.37 | 12.14 | — | — | — | 755.80 | 533.67 | 212.42 | 381.60 |
| EV / FCF | — | -6.94 | 23.06 | 9.36 | — | 114.33 | 142.69 | 142.24 | 1207.39 | — | 1062.55 |
Margins and return-on-capital ratios measuring operating efficiency
Tantech Holdings Ltd earns an operating margin of 9.3%, above the Consumer Defensive sector average of 1.1%. Operating margins have compressed from 11.1% to 9.3% over the past 3 years, signaling potential cost pressures or competitive headwinds. A negative ROE of -2.6% indicates the company is currently destroying shareholder equity. ROIC of 3.0% represents below-average returns on invested capital versus a sector median of 5.7%.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 20.8% | 20.8% | 21.5% | 18.9% | 18.9% | 10.6% | 12.1% | 27.2% | 24.8% | 28.4% | 28.7% |
| Operating Margin | 9.3% | 9.3% | 3.9% | 11.1% | -15.4% | -24.5% | 1.5% | 8.0% | 10.7% | 13.2% | 17.4% |
| Net Profit Margin | -7.5% | -7.5% | 11.8% | 5.6% | -15.1% | -15.4% | -19.6% | 6.7% | 8.7% | 9.0% | 14.3% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -2.6% | -2.6% | 4.7% | 2.6% | -7.9% | -6.7% | -9.4% | 1.8% | 4.0% | 5.6% | 12.4% |
| ROA | -2.3% | -2.3% | 4.0% | 2.2% | -6.7% | -5.6% | -7.7% | 1.4% | 3.2% | 4.7% | 10.2% |
| ROIC | 3.0% | 3.0% | 1.3% | 4.7% | -8.3% | -9.7% | 0.5% | 1.6% | 3.6% | 6.0% | 10.5% |
| ROCE | 3.1% | 3.1% | 1.5% | 5.1% | -8.0% | -10.6% | 0.7% | 2.1% | 4.8% | 8.2% | 15.1% |
Solvency and debt-coverage ratios — lower is generally safer
Tantech Holdings Ltd carries a Debt/EBITDA ratio of 0.8x, which is very conservative (75% below the sector average of 3.2x). The company holds a net cash position — cash of $35M exceeds total debt of $5M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of 13.7x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.04 | 0.04 | 0.08 | 0.08 | 0.11 | 0.09 | 0.08 | 0.12 | 0.11 | 0.08 | 0.12 |
| Debt / EBITDA | 0.80 | 0.80 | 4.17 | 1.40 | — | — | 4.50 | 3.82 | 2.26 | 0.97 | 0.72 |
| Net Debt / Equity | — | -0.24 | -0.16 | -0.08 | -0.27 | -0.29 | -0.05 | 0.05 | 0.02 | 0.01 | 0.03 |
| Net Debt / EBITDA | -5.47 | -5.47 | -8.59 | -1.46 | — | — | -3.11 | 1.55 | 0.42 | 0.11 | 0.19 |
| Debt / FCF | — | -7.86 | -4.03 | -1.18 | — | -2.03 | -0.35 | 0.38 | 1.01 | — | 0.52 |
| Interest Coverage | 13.72 | 13.72 | 4.35 | 9.86 | -11.50 | -34.47 | 1.65 | 3.75 | 8.35 | 13.38 | 24.77 |
Net cash position: cash ($35M) exceeds total debt ($5M)
Short-term solvency ratios and asset-utilisation metrics
Tantech Holdings Ltd's current ratio of 10.02x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has improved from 7.88x to 10.02x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 10.02 | 10.02 | 6.57 | 7.88 | 4.86 | 4.87 | 3.56 | 3.17 | 3.33 | 4.52 | 4.55 |
| Quick Ratio | 10.00 | 10.00 | 6.50 | 7.82 | 4.81 | 4.83 | 3.53 | 3.09 | 3.23 | 4.43 | 4.48 |
| Cash Ratio | 2.99 | 2.99 | 1.65 | 1.40 | 1.98 | 2.21 | 0.65 | 0.35 | 0.37 | 0.42 | 0.45 |
| Asset Turnover | — | 0.30 | 0.33 | 0.40 | 0.41 | 0.36 | 0.43 | 0.22 | 0.31 | 0.51 | 0.68 |
| Inventory Turnover | 177.77 | 177.77 | 30.06 | 48.29 | 41.91 | 56.32 | 72.62 | 11.00 | 11.73 | 28.46 | 38.24 |
| Days Sales Outstanding | — | 656.65 | 650.59 | 573.45 | 302.41 | 297.04 | 291.76 | 401.23 | 379.94 | 311.21 | 251.93 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Tantech Holdings Ltd does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | 226.7% | 3.5% | — | — | — | 0.1% | 0.1% | 0.1% | 0.2% |
| FCF Yield | 100.0% | 109.3% | 3.7% | 9.5% | — | 0.9% | 0.7% | 0.7% | 0.1% | — | 0.1% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $423174 | $3M | $1M | $172864 | $123192 | $120221 | $119773 | $108216 | $95913 | $88502 |
Compare TANH with 5 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| TANHYou | $932178 | -0.1 | -5.3 | 0.2 | 20.8% | 9.3% | -2.6% | 3.0% | 0.8 |
| PG | $389B | 25.7 | 17.8 | 27.7 | 51.2% | 24.3% | 31.1% | 20.1% | 1.5 |
| UL | $161B | 27.3 | 14.4 | 17.6 | 100.0% | 15.5% | 26.5% | 15.3% | 2.7 |
| KMB | $37B | 18.4 | 14.0 | 22.6 | 35.6% | 14.5% | 147.9% | 23.2% | 2.3 |
| CHD | $25B | 34.7 | 20.1 | 22.7 | 44.7% | 17.4% | 17.6% | 13.9% | 1.7 |
| CLX | $17B | 19.5 | 13.8 | 21.8 | 45.0% | 16.6% | 166.3% | 27.7% | 2.1 |
| Consumer Defensive Median | — | 21.6 | 12.3 | 16.4 | 40.7% | 1.1% | 7.8% | 5.7% | 3.2 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 13 years · Updated daily
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Start ComparisonTantech Holdings Ltd's current P/E ratio is -0.1x. The historical average is 14.6x.
Tantech Holdings Ltd's current EV/EBITDA is -5.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 30.4x.
Tantech Holdings Ltd's return on equity (ROE) is -2.6%. The historical average is 5.7%.
Based on historical data, Tantech Holdings Ltd is trading at a P/E of -0.1x. Compare with industry peers and growth rates for a complete picture.
Tantech Holdings Ltd has 20.8% gross margin and 9.3% operating margin.
Tantech Holdings Ltd's Debt/EBITDA ratio is 0.8x, indicating low leverage. A ratio below 2x is generally considered financially healthy.