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InnoTec TSS AG (TSS) Fair Value & Analysis

Industrials · DE · Market cap €69.4M

IT InnoTec TSS AG TSS · F
Price€7.15
Fair Value€11.54
Upside+61.4%
Quality67/100
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Strengths

Trades 61% below our fair value of €11.54
Healthy Growth
Low debt · generates free cash flow
Ranks above peers (13/14)

Risks

!Thin margins · 5.1% net margin
!Narrow moat 34/100
!Weak on future: 17 out of 100
!Weak on past: 27 out of 100
Healthy Growth
Thin margins · 5.1% net margin
Low debt · generates free cash flow
5.52% dividend yield
Ranks above peers (13/14)
Narrow moat 34/100
Evidence: High Range €7.83 – €15.88 Share as image

Fair value as of: Aug 20, 2026

From 22 valuation models · updated yesterday

Share price −4.7% over the past month.

A solid business, screening 61% undervalued on our models.

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What matters now

  • The price is below even our cautious bear case (€7.83). The market is more pessimistic than our downside scenario.
  • Solid quality (67/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (€7.83 to €15.88) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

€9.88 €5.27 Fair Value €11.54 Jun 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 20, 2026.

How to read this chart

60‑month range €5.27 – €9.88 · fair‑value band €7.83 – €15.88 · the €7.15 price screens below the €11.54 fair value. Dashed = 300-day average. As of Aug 20, 2026.

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Analysis

InnoTec TSS AG (TSS) currently trades at €7.15, while our model-based Fair Value estimate is €11.54, implying the stock looks roughly 61.4% undervalued today. The Quality Score stands at 67/100 (solid quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, InnoTec TSS AG generated revenue of €120M at a net margin of 5.1%. Revenue grew 3.3% year over year. It earns a return on equity of 6.7%. Net debt stands at €3.8M. Fundamentals as of Aug 20, 2026

Our scenario range runs from €7.83 (bear case) to €15.88 (bull case); at €7.15, the current price sits below 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. The share trades about 8% below its 52-week high and 18% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -57% fair-value upside, at 61%, TSS screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted 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.

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
Growth DCF €5.82 €7.08 €8.57 80
Residual Income €6.99 €7.00 €6.42 76
Rev-Margin DCF €7.43 €10.98 €14.85 74
All 22 models by family
DCF Models
FCF DCF €5.74 €7.10 €8.80 38
Owner Earnings €4.23 €5.19 €6.40 31
5Y Revenue Exit €7.43 €10.90 €15.33 39
5Y EBITDA Exit €10.37 €15.99 €22.49 41
5Y P/E Exit €7.62 €11.24 €14.95 38
10Y Revenue Exit €6.40 €9.01 €12.11 36
10Y EBITDA Exit €8.15 €11.92 €16.40 37
10Y P/E Exit €6.69 €9.20 €11.88 35
Earnings-Based
Graham-Dodd €4.34 €8.64 €10.84 54
EPV €4.25 €4.70 €5.07 59
Multiples
P/E Multiple €10.05 €13.40 €16.75 63
P/S Multiple €8.14 €10.85 €13.56 58
P/B Multiple €8.14 €10.85 €13.56 55
EV/EBIT €13.12 €17.32 €21.52 53
EV/EBITDA €16.43 €21.73 €27.03 54
EV/Revenue €9.51 €13.36 €17.22 43
Asset-Based
NCAV (Graham) €4.87 €6.52 €9.73 50
Growth DCF
Growth DCF €5.82 €7.08 €8.57 80
Rev-Margin DCF €7.43 €10.98 €14.85 74
Economic Profit
Residual Income €6.99 €7.00 €6.42 76
ROIC Compounder €4.25 €4.70 €5.07 72
Growth Earnings
Growth-Adj P/E €7.28 €10.39 €13.51 68

Widest divergence: Multiples (€13.36) versus Earnings-Based (€4.70). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) €120M
Revenue growth (YoY) +3.3%
Net margin 5.1%
Return on equity 6.7%
Free cash flow €6.5M FY2025
P/E ratio 11.2
More key figures
Operating margin 7.5%
EPS (TTM) €0.6400
Dividend yield 5.5%
EPS growth (YoY) +10.5%
Net debt €3.8M FY2022

Figures from reported company fundamentals · as of Aug 20, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 67/100

Of which business quality 68 · Market factors (momentum, volatility) 57

Profitability 56
Margins and returns on capital today
Quality Growth 53
Are margins and returns improving?
Cashflow 50
Earnings quality: real cash, not paper profit
Fin. Strength 86
Balance sheet, leverage, solvency risk
Investment 89
Disciplined investing over empire-building
Low Volatility 85
Calm price path (market factor)
Momentum 42
Price trend over the last 3–12 months (market factor)
52W Momentum 51
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.

About the company

InnoTec TSS AG, through its subsidiaries, produces and sells exterior door panels in Germany, Europe, and internationally. It operates in two segments, Door Systems and Building Specialty Products.

Full company description

InnoTec TSS AG, through its subsidiaries, produces and sells exterior door panels in Germany, Europe, and internationally. It operates in two segments, Door Systems and Building Specialty Products. The company offers aluminum, stainless steel, steel, and PVC door panels and elements; and glass products for front doors, interior doors, windows, furniture, and other architectural elements. It also provides elastic formliners, molds, and liquid plastics; and elastic structural matrices for exposed concrete surfaces. The company was incorporated in 2001 and is headquartered in Düsseldorf, Germany.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

InnoTec TSS AG reported revenue of €120M in FY2025 versus €116M in FY2021, a compound +0.9%/yr. Reported net income was €6.1M in FY2025, compounding −8.5%/yr from FY2021.

Growth Quality 62/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
€120M
Latest YoY
+5.3%
Avg. 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.
−2.4%
Avg. 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.
+2.9%
Avg. growth/yr (12Y) 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.
+2.4%
Revenue +0.9%/yr
FY21 €116M
FY22 €129M
FY23 €114M
FY24 €114M
FY25 €120M
Net income −8.5%/yr
FY21 €8.7M
FY22 €10.7M
FY23 €6.2M
FY24 €6.1M
FY25 €6.1M

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Cite: Fair Value Calculator (2026). "InnoTec TSS AG Fair Value". https://www.fairvalue-calculator.com/stock/TSS

Peer Group

Building Products & Equipment · 250 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 67 · Top 25%
Fair Value upside +59% · Top 25%
Return on equity (TTM) 7% · Above median
Return on assets 5% · Above median
Net margin (TTM) 5% · Above median
Operating margin (TTM) 8% · Above median
Revenue growth 3% · Above median
Dividend yield (TTM) 5.5% · Top 25%
Debt / equity 0.07× · Lower than median

Valuation Multiples vs Building Products & Equipment median · lower = cheaper

P/E (TTM) 11.2× · Cheaper than 75% of peers
P/B 0.87× · Cheaper than median
P/S (TTM) 0.68× · Cheaper than median
P/FCF 12.4× · Pricier than median
EV/EBITDA 5.6× · Cheaper than median

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
VALUE100 · sector 0
FUTURE17 · sector 10
PAST27 · sector 23
HEALTH96 · sector 94
DIVIDEND100 · sector 37

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 Building Products & Equipment stocks, each showing price versus our Fair Value estimate (as of Aug 20, 2026).

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Johnson Controls International plc JCI $152.79 $44.75 -71%
Carrier Global Corporation CARR $63.08 $16.85 -73%
Compagnie de Saint-Gobain S.A SGO €84.24 €97.97 +16%
PT Impack Pratama Industri Tbk, IMPC 1,405 IDR 179.76 IDR -87%
NIBE Industrier AB NIBEB kr 38.59 kr 25.37 -34%
Rockwool A/S ROCKA kr 232.00 kr 232.55 +0%
Beijing New Building Materials Public Limited 000786 ¥18.73 ¥31.73 +69%
Moon Environment Technology Co 000811 ¥42.22 ¥11.94 -72%
The Supreme Industries Limited SUPREMEIND ₹3,460 ₹1,376 -60%

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Frequently asked questions

Is InnoTec TSS AG (TSS) overvalued or undervalued?
As of Aug 20, 2026, our model estimates a fair value of €11.54 versus a price of €7.15, about +61% (undervalued).
What is the fair value of TSS?
Our model-based fair value for InnoTec TSS AG is €11.54 (as of Aug 20, 2026), built from audited fundamentals. The current price: €7.15.
What is the quality score of TSS?
InnoTec TSS AG has a Quality Score of 67/100. 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 revenue of InnoTec TSS AG (TSS)?
InnoTec TSS AG reported trailing-twelve-month revenue of about €120M (latest available figure, as of Aug 20, 2026).
What is the net profit margin of TSS?
The net profit margin of InnoTec TSS AG is about 5.1%, meaning it keeps roughly 5.1% of revenue as net income. Based on the latest reported figures.
Does InnoTec TSS AG pay a dividend?
InnoTec TSS AG currently shows a dividend yield of about 5.52% relative to its recent price (as of Aug 20, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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