Tenax International S.p.A. (TNX) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Tenax International S.p.A. stock €0.85, price €0.53, upside +60.0%, quality 32 out of 100. Rating: strongly undervalued. Calculated from audited financials with 2 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range €0.4700 – €49.88 · fair‑value band €0.1727 – €2.59 · the €0.5300 price screens below the €0.8480 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
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Tenax International S.p.A. engages in the design and production of low-voltage electric road sweepers and street washers in Italy and internationally.
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The company offers manual street sweepers, electric urban vacuums, and pre-owned street washers and road sweepers; and provides repair and maintenance services, as well as spare parts. Its products are used in urban and metropolitan, commercial and tourist, and indoor and industrial applications.
The company was founded in 2003 and is based in Rio Saliceto, Italy.
Stock analysis
Tenax International S.p.A. (TNX) currently trades at €0.5300, while our model-based Fair Value estimate is €0.8480, implying the stock looks roughly 38% undervalued today.
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Valuation
How firm this estimate is: it rests on 2 models at a data quality of 95/100, which puts the data coverage at low.
Scenario range: €0.1727 (bear) to €2.59 (bull), the price of €0.5300 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 32/100 (below-average quality), in the Consumer Cyclical sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Tenax International S.p.A. reported revenue of €14.4M in FY2025 versus €10.4M in FY2021, a compound +8.5%/yr. Reported net income was −€2.1M in FY2025.
Key figures
Market cap €2.0M Micro · P/S ratio 0.12 · EPS (TTM) €−0.8400 · Net margin −20.7% · Return on equity −64.7% · Return on assets (EBIT) 3.4% (5-year average) · Operating margin −18.2% · Revenue (TTM) €16.9M.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 9 out of 100 (medium confidence).
What moves the price
The share trades about 70% below its 52-week high and 13% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at 8% fair-value upside, at 60%, TNX screens cheaper than that median.
Fair Value models
Bear€0.1727Fair Value €0.8480Bull€2.59
Price €0.5300 · Upside +60.0%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
EV/EBITDAn/a€0.5400€1.6562
NCAV (Graham)€0.1100€0.1500€0.220054
All 2 models by family
Multiples
EV/EBITDAn/a€0.5400€1.6562
Asset-Based
NCAV (Graham)€0.1100€0.1500€0.220054
The fair value above starts from this blend and is adjusted for a cyclical trough year.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.36/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
−33.6%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−5.3%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+12.8%
Start year 2020 (pandemic)
Revenue growth 7 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+8.9%
’18
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Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
4.7% (2019) → 3.1% (2024)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
Compare Tenax International S.p.A. with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Auto Manufacturers · 106 stocks
Beats the industry median on 3/9 measures
Overall it trails its industry peers.
Valuation
Quality Score32 · Bottom 25%
Fair Value upside+60.0% · Top 25%
Profitability
Return on assets−8.4% · Bottom 25%
Net margin (12 months)−20.7% · Bottom 25%
Operating margin (12 months)−18.2% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)−6.7% · Bottom 25%
Balance sheet
Debt / equity0.88× · Highest 25%
Valuation Multiplesvs Auto Manufacturers median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Tenax International S.p.A. Fair Value". https://www.fairvalue-calculator.com/stock/TNX
Frequently asked questions
Is Tenax International S.p.A. (TNX) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of €0.8480 versus a price of €0.5300, about +60% upside (undervalued).
What is the fair value of TNX?
Our model-based fair value for Tenax International S.p.A. is €0.8480 (as of Nov 7, 2026), built from audited fundamentals. The current price: €0.5300.
What is the quality score of TNX?
Tenax International S.p.A. has a Quality Score of 32/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Tenax International S.p.A. (TNX)?
Our model-based price target is the fair value of €0.8480 (as of Nov 7, 2026) from 2 valuation models. Cautious scenario €0.1727, optimistic scenario €2.59. It is a calculation from audited fundamentals, not an analyst target.
What is the Tenax International S.p.A. stock forecast for 2026?
Our models put fair value at €0.8480, about +60% upside versus a price of €0.5300 (undervalued). Cautious scenario €0.1727, optimistic scenario €2.59. The calculation is refreshed regularly with new filings.
What is the revenue of Tenax International S.p.A. (TNX)?
Tenax International S.p.A. reported trailing-twelve-month revenue of about €16.9M (latest available figure, as of Nov 7, 2026).
What is the intrinsic value of Tenax International S.p.A. (TNX)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Tenax International S.p.A. it is €0.8480 per share (as of Nov 7, 2026), against a price of €0.5300. It is the blended result of 2 valuation models in 2 families (Multiples, Asset-Based).
Is Tenax International S.p.A. stock overvalued or undervalued in 2026?
As of Nov 7, 2026, TNX trades below its calculated fair value: price €0.5300, fair value €0.8480, a gap of about +60% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of TNX?
No. The price is what the market pays today (€0.5300); the fair value is what the company's own numbers justify (€0.8480). For Tenax International S.p.A. the two are €0.3180 per share apart. That gap is exactly why we show both numbers side by side.
How much is Tenax International S.p.A. worth?
The market values Tenax International S.p.A. at about €2.0M (market capitalisation, as of Nov 7, 2026). Per share that is €0.5300; our models calculate a fair value of €0.8480 per share.
What do the bullish and bearish scenarios say about TNX?
Our models span a range for Tenax International S.p.A.: cautious scenario €0.1727, base €0.8480, optimistic €2.59 per share (as of Nov 7, 2026, price €0.5300). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Tenax International S.p.A. (TNX)?
Balance-sheet figures for Tenax International S.p.A. (as of Nov 7, 2026): return on equity −64.7%, debt of 0.88 per unit of equity. They feed the Quality Score of 32/100, which measures business quality independently of the share price.
How far is TNX from its 52-week high?
Tenax International S.p.A. trades at €0.5300, about 70% below its 52-week high of €1.77 and 13% above the low of €0.4700 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of €0.8480 is for.
Which stocks are comparable to Tenax International S.p.A.?
From the same area (Consumer Cyclical) we also value Tesla, Inc, Toyota Motor Corporation, BYD Company, Ferrari N.V, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Tenax International S.p.A. stock attractive at the current price?
The data as of Nov 7, 2026: price €0.5300, calculated fair value €0.8480 (+60%), Quality Score 32/100, from 2 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of TNX calculated?
We run Tenax International S.p.A. through 2 models from 2 families: Multiples, Asset-Based. Every model gets the same audited fundamentals; the fair value of €0.8480 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Tenax International S.p.A. currently trades 38% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Tenax International S.p.A. (TNX)?
The closing price on Nov 6, 2026 was €0.5300. Our model-based fair value is €0.8480, about +60% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Tenax International S.p.A. right now?
The large discount to fair value meets weak quality (32/100). That raises the risk this is a value trap rather than a bargain. The model range is unusually wide (€0.1727 to €2.59). The outcome hinges heavily on assumptions, so read the point estimate with caution. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Key figures of Tenax International S.p.A.
How large is the market capitalisation of Tenax International S.p.A. (TNX)?
The market capitalisation of Tenax International S.p.A. is €2.0M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Tenax International S.p.A. (TNX)?
The price-to-sales ratio of Tenax International S.p.A. is 0.12 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Tenax International S.p.A. (TNX)?
Earnings per share at Tenax International S.p.A. are €−0.8400. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Tenax International S.p.A. (TNX)?
The net margin of Tenax International S.p.A. is −20.7% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Tenax International S.p.A. (TNX)?
The return on equity (ROE) of Tenax International S.p.A. is −64.7% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Tenax International S.p.A. (TNX)?
On an EBIT basis the return on assets of Tenax International S.p.A. is 3.4% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Tenax International S.p.A. (TNX)?
The operating margin of Tenax International S.p.A. is −18.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Tenax International S.p.A. (TNX)?
Revenue at Tenax International S.p.A. is growing −6.7% versus a year earlier (3y avg −5.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Tenax International S.p.A. (TNX)?
Earnings per share at Tenax International S.p.A. are growing −1.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Tenax International S.p.A. (TNX) generate?
The free cash flow of Tenax International S.p.A. is −€5.1M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Tenax International S.p.A. (TNX) carry?
The net debt of Tenax International S.p.A. is €14.3M (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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