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Tanfield Group PLC (TAN) Fair Value & Analysis

Financial Services · GB · Market cap 7.2M GBX · ISIN GB00B4QHFM95

What is Tanfield Group PLC really worth?

TG Tanfield Group PLC TAN · LSE
Price£0.0475
Fair Value£0.0524
Upside+10.3%
Quality47/100

Below-average quality, trading 9% below our fair value of £0.0524.

As of Aug 19, 2026, the fair value of Tanfield Group PLC is £0.0524 per share against a price of £0.0475, so the fair value sits 10% above the price. A model estimate blended from multiple valuation models, recalculated regularly.

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Risks

!Weak Growth (revenue 5y −17.2 %/yr)
!Thin margins · 0.0% net margin
!Low debt · negative free cash flow
!Trails peers (3/9)
!Narrow moat 10/100
!Evidence only low, so the estimate is less certain
Evidence: Low Range £0.0438 – £0.0582

Fair value as of: Aug 19, 2026

From 2 valuation models · updated 17 days ago

Fair value updated Aug 19, 2026, revised from £0.0606 to £0.0524 (−13.5%) since Aug 13, 2026. Share price +23.4% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.

Price vs Fair Value (5 years)

£0.0773 £0.0150 Fair Value £0.0524 Jun 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 19, 2026.

How to read this chart

60‑month range £0.0150 – £0.0773 · fair‑value band £0.0438 – £0.0582 · the £0.0475 price screens below the £0.0524 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 19, 2026.

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Analysis

Tanfield Group PLC (TAN) currently trades at £0.0475, while our model-based Fair Value estimate is £0.0524, implying the stock looks roughly 9.4% undervalued today. The Quality Score stands at 47/100 (below-average quality), in the Financial Services sector. How firm this estimate is: it rests on 2 models at a data quality of 95/100, which puts the evidence level at low.

It earns a return on equity of −7.8%. Fundamentals as of Aug 19, 2026

Our scenario range runs from £0.0438 (bear case) to £0.0582 (bull case); at £0.0475, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. For context, the median of 10 Financial Services peers we cover trades at −28% fair-value upside, at 10%, TAN screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model 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. Evidence
Highest evidence
P/B Multiple best evidence £0.0800 £0.1100 £0.1300 55
NCAV (Graham) £0.0600 £0.0800 £0.1300 53
All 2 models by family
Multiples
P/B Multiple best evidence £0.0800 £0.1100 £0.1300 55
Asset-Based
NCAV (Graham) £0.0600 £0.0800 £0.1300 53

Widest divergence: Multiples (£0.1100) versus Asset-Based (£0.0800). Highest evidence: P/B Multiple (55).

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Key figures & financial health

EPS (TTM) £−0.0100
Return on equity −7.8% TTM
Return on assets (EBIT) 2.0% avg 5y
Free cash flow −1.2M GBX FY2025
Net cash 407K GBX FY2025

Figures from reported company fundamentals · as of Aug 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 47/100

Of which business quality 46 · Market factors (momentum, volatility) 29

Profitability 0
Margins and returns on capital today
Quality Growth 30
Are margins and returns improving?
Cashflow 29
Earnings quality: real cash, not paper profit
Fin. Strength 69
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 18
Price trend over the last 3–12 months (market factor)
52W Momentum 24
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Tanfield Group PLC operates as an investment company in the United Kingdom. The company, through its 49% interest in Snorkel International Holdings LLC, that produces self-propelled, towable, and push-around aerial lifts, including diesel and electric scissor lifts, mast lifts, telescopic boom lifts, and articulating booms.

Full company description

Tanfield Group PLC operates as an investment company in the United Kingdom. The company, through its 49% interest in Snorkel International Holdings LLC, that produces self-propelled, towable, and push-around aerial lifts, including diesel and electric scissor lifts, mast lifts, telescopic boom lifts, and articulating booms. It also, through its 5.76% interest in Smith Electric Vehicles Corp., designs and produces all-electric commercial vehicles for short haul urban fleets. Tanfield Group PLC is based in Newcastle upon Tyne, the United Kingdom.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Tanfield Group PLC reported revenue of £7.0K in FY2025 versus £19.0K in FY2021, a compound −22.1%/yr. Reported net income was −£1.7M in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
£7.0K
Latest YoY
−56.3%
Avg. revenue growth/yr (3Y) 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.
−90.0%
Avg. revenue growth/yr (5Y) 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.
−17.2%
Avg. revenue growth/yr (24Y) 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.
−15.7%
EBIT 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.
−3,316.7% (2020) → −25,114.3% (2025)
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue −22.1%/yr
FY21 £19.0K
FY22 £6.9M
FY23 £23.0K
FY24 £16.0K
FY25 £7.0K
Net income
FY21 −£659K
FY22 £4.9M
FY23 −£331K
FY24 −£271K
FY25 −£1.7M

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Cite: Fair Value Calculator (2026). "Tanfield Group PLC Fair Value". https://www.fairvalue-calculator.com/stock/TAN.LSE

Peer Group

Asset Management · 695 stocks

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.

Quality Score 46 · Bottom 25%
Fair Value upside +5% · Above median
Return on assets −5% · Bottom 25%
Net margin (TTM) 0% · Below median
Operating margin (TTM) 0% · Bottom 25%
Revenue growth 0% · Below median

Valuation Multiples vs Asset Management median · lower = cheaper

P/B 0.47× · Cheaper than 75% of peers

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE40 · sector 40
FUTURE0 · sector 15
PAST0 · sector 24
HEALTH100 · sector 95
DIVIDEND0 · sector 81

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Asset Management stocks, each showing price versus our Fair Value estimate (as of Aug 19, 2026).

Stock Price Fair Value vs Fair Value
Blackstone Inc BX $142.39 $52.88 −63%
Investor AB INVEB kr 408.05 kr 827.56 +103%
Brookfield Corporation BN C$55.74 C$10.67 −81%
KKR & Co KKR $108.68 $19.97 −82%
Apollo Global Management, Inc APO $135.04 $101.04 −25%
State Street Corporation STT $193.33 $138.33 −28%
Ameriprise Financial, Inc AMP $559.32 $515.24 −8%
Ares Management Corporation ARES $143.10 $30.88 −78%
Northern Trust Corporation NTRS $186.79 $122.02 −35%
Raymond James Financial, Inc RJF $181.10 $142.42 −21%

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Frequently asked questions

Is Tanfield Group PLC (TAN) overvalued or undervalued?
As of Aug 19, 2026, our model estimates a fair value of £0.0524 versus a price of £0.0475, about +10% upside (undervalued).
What is the fair value of TAN?
Our model-based fair value for Tanfield Group PLC is £0.0524 (as of Aug 19, 2026), built from audited fundamentals. The current price: £0.0475.
What is the quality score of TAN?
Tanfield Group PLC has a Quality Score of 47/100. 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 Tanfield Group PLC (TAN)?
Our model-based price target is the fair value of £0.0524 (as of Aug 19, 2026) from 2 valuation models. Cautious scenario £0.0438, optimistic scenario £0.0582. It is a calculation from audited fundamentals, not an analyst target.
What is the Tanfield Group PLC stock forecast for 2026?
Our models put fair value at £0.0524, about +10% upside versus a price of £0.0475 (undervalued). Cautious scenario £0.0438, optimistic scenario £0.0582. The calculation is refreshed regularly with new filings.
What is the net profit margin of TAN?
The net profit margin of Tanfield Group PLC is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.
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