TANTECH HOLDINGS LTD (TANH) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does TANTECH HOLDINGS LTD Do?
Tantech Holdings Ltd, together with its subsidiaries, develops and manufactures bamboo-based charcoal products for industrial energy, household cooking, heating, purification, agricultural, and cleaning applications in the People's Republic of China and internationally. The company operates in three segments: Consumer Products, Trading, and Electric Vehicle. It provides pressed and formed charcoal briquettes for use in grills, incense burners, and other applications under the Algold brand. The company also offers Charcoal Doctor branded products, such as air purifiers and humidifiers, automotive accessories for air purification, underfloor humidity control products, pillows and mattresses, wardrobe deodorizers, mouse pads and wrist mats, refrigerator deodorants, charcoal toilet cleaner disks, liquid charcoal cleaners, shoe insoles, and decorative charcoal gifts. In addition, it provides bamboo vinegar, a liquid byproduct for use in disinfectants, detergents, lotions, specialized soaps, toilet cleaners, and fertilizers, as well as in various agricultural applications; and trades in charcoal products. Further, the company develops and sells electric buses, electric logistics cars, and specialty electric vehicles, such as brushless cleaning cars, electric cleaning cars, special emergency vehicles, and funeral cars; and solar cells, lithium-ion batteries, auto parts, and electric control systems. It is also involved in the supply chain business. Tantech Holdings Ltd was founded in 2001 and is headquartered in Lishui, the People's Republic of China. TANTECH HOLDINGS LTD (TANH) is classified as a micro-cap stock in the Materials sector, specifically within the Chemicals industry. The company is led by CEO Wang F. Yan and employs approximately 70 people. With a market capitalization of $3M, TANH is one of the notable companies in the Materials sector.
TANTECH HOLDINGS LTD (TANH) Stock Rating — Avoid (April 2026)
As of April 2026, TANTECH HOLDINGS LTD receives a Avoid rating with a composite score of 25.7/100 and 1 out of 5 stars from the Blank Capital Research quantitative model.TANH ranks #4,139 out of 4,446 stocks in our coverage universe. Within the Materials sector, TANTECH HOLDINGS LTD ranks #282 of 284 stocks, placing it in the lower half of its Materials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
TANH Stock Price and 52-Week Range
TANTECH HOLDINGS LTD (TANH) currently trades at $0.33. The stock lost $0.03 (9.5%) in the most recent trading session. The 52-week high for TANH is $4.05, which means the stock is currently trading -91.8% from its annual peak. The 52-week low is $0.73, putting the stock -54.5% above its annual trough. Recent trading volume was 1.1M shares, reflecting moderate market activity.
Is TANH Overvalued or Undervalued? — Valuation Analysis
TANTECH HOLDINGS LTD (TANH) carries a value factor score of 22/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The price-to-book ratio stands at 0.02x, versus the sector average of 2.83x. The price-to-sales ratio is 0.01x, compared to 0.74x for the average Materials stock. On an enterprise value basis, TANH trades at -22.97x EV/EBITDA, versus 6.01x for the sector.
At current multiples, TANTECH HOLDINGS LTD trades at a premium to most Materials peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.
TANTECH HOLDINGS LTD Profitability — ROE, Margins, and Quality Score
TANTECH HOLDINGS LTD (TANH) earns a quality factor score of 30/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -10.9%, compared to the Materials sector average of 3.3%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -10.0% versus the sector average of 0.6%.
On a margin basis, TANTECH HOLDINGS LTD reports gross margins of 20.8%, compared to 29.8% for the sector. The operating margin is 9.3% (sector: 6.0%). Net profit margin stands at -16.6%, versus 3.0% for the average Materials stock. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.
TANH Debt, Balance Sheet, and Financial Health
TANTECH HOLDINGS LTD has a debt-to-equity ratio of 0.0%, compared to the Materials sector average of 41.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. Total debt on the balance sheet is $0. Cash and equivalents stand at $35M.
TANH has a beta of 1.52, meaning it is more volatile than the broader market — a $10,000 investment in TANH would be expected to move 52.1% more than the S&P 500 on any given day. The stability factor score for TANTECH HOLDINGS LTD is 17/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.
TANTECH HOLDINGS LTD Revenue and Earnings History — Quarterly Trend
In TTM 2026, TANTECH HOLDINGS LTD reported revenue of $43M. Net income for the quarter was $-4M. Gross margin was 20.8%. Operating income came in at $4M.
In FY 2024, TANTECH HOLDINGS LTD reported revenue of $43M. Net income for the quarter was $-4M. Gross margin was 20.8%. Revenue grew -3.8% year-over-year compared to FY 2023. Operating income came in at $4M.
In FY 2023, TANTECH HOLDINGS LTD reported revenue of $45M. Net income for the quarter was $10M. Gross margin was 21.8%. Revenue grew -16.6% year-over-year compared to FY 2022. Operating income came in at $4M.
In FY 2022, TANTECH HOLDINGS LTD reported revenue of $53M. Net income for the quarter was $3M. Gross margin was 19.1%. Revenue grew -3.2% year-over-year compared to FY 2021. Operating income came in at $5M.
Over the past 8 quarters, TANTECH HOLDINGS LTD has demonstrated a growth trajectory, with revenue expanding from $30M to $43M. Investors analyzing TANH stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
TANH Dividend Yield and Income Analysis
TANTECH HOLDINGS LTD (TANH) does not currently pay a dividend. This is common among smaller companies in the Chemicals industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Materials dividend stocks may want to explore other Materials stocks or use the stock screener to filter by dividend yield.
TANH Momentum and Technical Analysis Profile
TANTECH HOLDINGS LTD (TANH) has a momentum factor score of 12/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 40/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 47/100 reflects moderate short selling activity.
TANH vs Competitors — Materials Sector Ranking and Peer Comparison
Within the Materials sector, TANTECH HOLDINGS LTD (TANH) ranks #282 out of 284 stocks based on the Blank Capital composite score. This places TANH in the lower half of all Materials stocks in our coverage universe. Key competitors and sector peers include CF Industries Holdings, Inc. (CF) with a score of 56.6/100, Nutrien Ltd. (NTR) with a score of 56.6/100, CVR PARTNERS, LP (UAN) with a score of 55.6/100, LSB INDUSTRIES, INC. (LXU) with a score of 53.6/100, and ACME UNITED CORP (ACU) with a score of 51.2/100.
Comparing TANH against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full TANH vs S&P 500 (SPY) comparison to assess how TANTECH HOLDINGS LTD stacks up against the broader market across all factor dimensions.
TANH Next Earnings Date
No upcoming earnings date has been announced for TANTECH HOLDINGS LTD (TANH) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy TANH? — Investment Thesis Summary
The quantitative profile for TANTECH HOLDINGS LTD suggests caution. The quality score of 30/100 flags below-average profitability. The value score of 22/100 indicates premium valuation. Momentum is weak at 12/100, a headwind for near-term performance. High volatility (stability score 17/100) increases portfolio risk.
In summary, TANTECH HOLDINGS LTD (TANH) earns a Avoid rating with a composite score of 25.7/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on TANH stock.
Related Resources for TANH Investors
Explore more research and tools: TANH vs S&P 500 comparison, top Materials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare TANH head-to-head with peers: TANH vs CF, TANH vs NTR, TANH vs UAN.