TINC Comm VA (TINC) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of TINC Comm VA stock €9.46, price €10.40, that is 9.0% below the price, quality 38 out of 100. Rating: fairly valued. 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 5, 2026.
How to read this chart
60‑month range €9.55 – €12.16 · fair‑value band €7.10 – €11.82 · the €10.40 price screens above the €9.46 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 5, 2026.
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TINC Comm. VA is an investment firm specializing in investments in public and private infrastructure, real assets, and energy sector. TINC Comm. VA is based in Antwerpen, Belgium.
Stock analysis
TINC Comm VA (TINC) currently trades at €10.40, while our model-based Fair Value estimate is €9.46, so the stock looks roughly fairly valued today (gap 9.9%).
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Valuation
How firm this estimate is: it rests on 2 models at a data quality of 96/100, which puts the data coverage at medium.
Scenario range: €7.10 (bear) to €11.82 (bull), the price of €10.40 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 38/100 (below-average quality), in the Financial Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
TINC Comm VA reported revenue of €27.5M in FY2025 versus €20.4M in FY2021, a compound +7.8%/yr. Reported net income was €40.6M in FY2025, compounding +12.9%/yr from FY2021.
Key figures
Market cap €504M Small · P/E ratio 10.6 · P/S ratio 6.87 · EPS (TTM) €0.9800 · Dividend yield 1.1% · Net margin 65.6% · Return on equity 7.7% · Return on assets (EBIT) 6.9% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 68 out of 100 (low confidence).
What moves the price
The share trades about 14% below its 52-week high and 3% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −16% fair-value upside, at −9%, TINC screens cheaper than that median.
Fair Value models
Bear€7.10Fair Value €9.46Bull€11.82
Price €10.40 · Downside -9.0%
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. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (€0.7360 per share) are deliberately not added.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
P/B Multiple€8.35€11.13€13.9155
NCAV (Graham)€6.57€8.81€13.1551
All 2 models by family
Multiples
P/B Multiple€8.35€11.13€13.9155
Asset-Based
NCAV (Graham)€6.57€8.81€13.1551
The fair value above starts from this blend and is adjusted for dilution from new shares.
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.44/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
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.
+17.3%
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.
+12.2%
Revenue growth 11 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.
+31.4%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+7.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year+6.7%
Dividend (yield on the price)1.1%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.6.7% vs 3.7%, picking up
Profit margin 2020 to 2025 ⓘ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.133% → 157%
Pace: the 5-year rate starts in 2020 (pandemic)
⚠ Revenue per share shrinking 1.8%/yr over ~10Y (margins intact) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
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.Asset Management · 588 stocks
Beats the industry median on 8/12 measures
Overall it ranks above its industry peers.
Valuation
Quality Score38 · Bottom 25%
Fair Value upside−9.0% · Below median
Profitability
Return on equity (12 months)7.7% · Above median
Return on assets5.7% · Above median
Net margin (12 months)65.6% · Above median
Operating margin (12 months)90.6% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)25.8% · Above median
Dividend yield (12 months)1.1% · Bottom 25%
Valuation Multiplesvs Asset Management 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). "TINC Comm VA Fair Value". https://www.fairvalue-calculator.com/stock/TINC
Frequently asked questions
Is TINC Comm VA (TINC) overvalued or undervalued?
As of Nov 5, 2026, our model estimates a fair value of €9.46 versus a price of €10.40, about 9% lower (fairly valued).
What is the fair value of TINC?
Our model-based fair value for TINC Comm VA is €9.46 (as of Nov 5, 2026), built from audited fundamentals. The current price: €10.40.
What is the quality score of TINC?
TINC Comm VA has a Quality Score of 38/100. 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 TINC Comm VA (TINC)?
Our model-based price target is the fair value of €9.46 (as of Nov 5, 2026) from 2 valuation models. Cautious scenario €7.10, optimistic scenario €11.82. It is a calculation from audited fundamentals, not an analyst target.
What is the TINC Comm VA stock forecast for 2026?
Our models put fair value at €9.46, about 9% lower versus a price of €10.40 (fairly valued). Cautious scenario €7.10, optimistic scenario €11.82. The calculation is refreshed regularly with new filings.
What is the revenue of TINC Comm VA (TINC)?
TINC Comm VA reported trailing-twelve-month revenue of about €73.4M (latest available figure, as of Nov 5, 2026).
Does TINC Comm VA pay a dividend?
TINC Comm VA currently shows a dividend yield of 1.14% relative to its recent price (as of Nov 5, 2026).
How much is the dividend of TINC Comm VA (TINC) and when is the ex-dividend date?
TINC Comm VA pays a dividend of €0.119 per share a year, a dividend yield of 1.1%. The last ex-dividend date was May 25, 2026. The payout ratio is 12.1% of earnings. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What is the intrinsic value of TINC Comm VA (TINC)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For TINC Comm VA it is €9.46 per share (as of Nov 5, 2026), against a price of €10.40. It is the blended result of 2 valuation models in 2 families (Multiples, Asset-Based).
Is TINC Comm VA stock overvalued or undervalued in 2026?
As of Nov 5, 2026, TINC trades above its calculated fair value: price €10.40, fair value €9.46, a gap of about −9% (fairly valued). 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 TINC?
No. The price is what the market pays today (€10.40); the fair value is what the company's own numbers justify (€9.46). For TINC Comm VA the two are €0.9395 per share apart. That gap is exactly why we show both numbers side by side.
How much is TINC Comm VA worth?
The market values TINC Comm VA at about €504M (market capitalisation, as of Nov 5, 2026). Per share that is €10.40; our models calculate a fair value of €9.46 per share.
What do the bullish and bearish scenarios say about TINC?
Our models span a range for TINC Comm VA: cautious scenario €7.10, base €9.46, optimistic €11.82 per share (as of Nov 5, 2026, price €10.40). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of TINC?
TINC Comm VA trades at a price-to-earnings ratio of 10.6 (as of Nov 5, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of €9.46 is built from several models across several years. Other multiples: P/B 0.8, P/S 6.9, EV/EBITDA 7.6.
How solid is the balance sheet of TINC Comm VA (TINC)?
Balance-sheet figures for TINC Comm VA (as of Nov 5, 2026): return on equity 7.7%. They feed the Quality Score of 38/100, which measures business quality independently of the share price.
How far is TINC from its 52-week high?
TINC Comm VA trades at €10.40, about 14% below its 52-week high of €12.16 and 3% above the low of €10.06 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of €9.46 is for.
Which stocks are comparable to TINC Comm VA?
From the same area (Financial Services) we also value Blackstone Inc, Brookfield Asset Management Ltd, KKR & Co, Apollo Global Management, Inc, 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 TINC Comm VA stock attractive at the current price?
The data as of Nov 5, 2026: price €10.40, calculated fair value €9.46 (−9%), Quality Score 38/100, 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 TINC calculated?
We run TINC Comm VA through 2 models from 2 families: Multiples, Asset-Based. Every model gets the same audited fundamentals; the fair value of €9.46 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 13.0% above its aggregate fair value. TINC Comm VA itself currently trades above fair value. 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 TINC Comm VA (TINC)?
The closing price on Nov 6, 2026 was €10.40. Our model-based fair value is €9.46, about 9% lower (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with TINC Comm VA right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Where does the earnings growth of TINC Comm VA (TINC) come from?
Earnings per share at TINC Comm VA grew +0.5 % a year from 2014 to 2025. Broken into its drivers: revenue per share −4.0 %, EBIT margin +13.8 %, tax rate +0.0 %, residual (interest, one-offs) −8.0 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of TINC Comm VA
How large is the market capitalisation of TINC Comm VA (TINC)?
The market capitalisation of TINC Comm VA is €504M. 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 TINC Comm VA (TINC)?
The price-to-sales ratio of TINC Comm VA is 6.87 (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 TINC Comm VA (TINC)?
Earnings per share at TINC Comm VA are €0.9800 (price ÷ EPS = P/E 10.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of TINC Comm VA (TINC)?
The dividend yield of TINC Comm VA is 1.1% (payout 12.1%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of TINC Comm VA (TINC)?
The net margin of TINC Comm VA is 65.6% (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 TINC Comm VA (TINC)?
The return on equity (ROE) of TINC Comm VA is 7.7% (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 TINC Comm VA (TINC)?
On an EBIT basis the return on assets of TINC Comm VA is 6.9% (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 TINC Comm VA (TINC)?
The operating margin of TINC Comm VA is 90.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at TINC Comm VA (TINC)?
Revenue at TINC Comm VA is growing +25.8% versus a year earlier (3y avg +17.3%). 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 TINC Comm VA (TINC)?
Earnings per share at TINC Comm VA are growing +40.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does TINC Comm VA (TINC) generate?
The free cash flow of TINC Comm VA is −€8.9M (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 TINC Comm VA (TINC) carry?
The net debt of TINC Comm VA is €76.0M (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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Nov 5, 2026