Check 35,000+ stocks against 26 valuation models and 37 quality factors
Data-driven stock valuation
Which stocks are undervalued right now? Check free
Discover now →
Treatt plc (TTTRF) fair value: what the stock is really worth
As of Jul 7, 2026: fair value of Treatt plc $1.89, price $3.50, upside -46.0%, quality 58 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? No
- Good quality? Yes
- Add to watchlist
TP
Broad data
Sep 24, 2026
Broad data
Sep 24, 2026
Treatt plc
TTTRF · USStretched ValuationStrong overvaluation with only moderate quality.
!Fair value $1.89 · Strongly overvalued (−46.0%)
!Quality 58/100
!Mixed Growth (revenue 5y +4.0 %/yr)
!Thin margins · 3.4% net margin (TTM)
✓Low debt · generates free cash flow
✓0.9% dividend yield · Sustainable
!Narrow moat 32/100
Watch Treatt plc for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.
Watch for free
Pro now: $1 first month
What runs behind every stock
26
valuation models
8 families, DCF to NCAV
37
quality factors
margins, balance sheet, cashflow, debt
6
AI factors
moat, what no ratio measures
2,000+
data points
verified, per stock, median
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range $2.42 – $14.53 · fair‑value band $1.32 – $1.97 · the $3.50 price screens above the $1.89 fair value. Dashed = 300-day average. As of Sep 24, 2026.
Company profile
Treatt plc, together with its subsidiaries, manufactures and supplies various natural extracts for beverage, flavor, and fragrance markets in the United Kingdom, Germany, Ireland, Europe, the United States, China, and internationally.
Show more
Treatt plc, together with its subsidiaries, manufactures and supplies various natural extracts for beverage, flavor, and fragrance markets in the United Kingdom, Germany, Ireland, Europe, the United States, China, and internationally. The company offers beverages, such as carbonates; juices; energy waters; RTD coffee and tea; kombucha; healthy sodas; sports; beers; spirits; flavored alcoholic beverages; and low and no alcohols. It also provides zesty; floral; chemicals; flavor ingredients, such as citrus, coffee, tea, health and wellness, and fruits and vegetables extracts; and aroma, and herb, spice, and floral ingredients. The company was founded in 1886 and is based in Bury Saint Edmunds, the United Kingdom.
Stock analysis
Treatt plc (TTTRF) currently trades at $3.50, while our model-based Fair Value estimate is $1.89, 46.0% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Asset-Based group reads highest at a median of $2.02 per share, and 0 of the 22 models we run sit above the $3.50 price.
Bear case: the Earnings-Based group reads lowest at $0.9800, and 22 of the 22 models stay below the price. Evidence for this calculation is high.
Scenario range: $1.32 (bear) to $1.97 (bull), the price of $3.50 sits above 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 58/100 (solid quality), in the Basic Materials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Treatt plc reported revenue of £132M in FY2025 versus £124M in FY2021, a compound +1.6%/yr. Reported net income was £5.1M in FY2025, compounding −24.0%/yr from FY2021.
Key figures
Market cap $236M · P/E ratio 35.0 · P/S ratio 1.34 · EPS (TTM) $0.1000 · Dividend yield 0.9% · Net margin 3.8% · Return on equity 3.1% · Return on assets (EBIT) 10.0%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (low confidence).
What moves the price
The share trades about 14% below its 52-week high and 44% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −46% fair-value upside, at −46%, TTTRF screens cheaper than that median.
Fair Value models
Bear $1.32
Fair Value $1.89
Bull $1.97
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 12 months old). Earnings retained since then ($0.0700 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.
Evidence ⓘEvidence = 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.
Highest evidence
FCF DCF
$1.14
$1.42
$1.79
82
Growth DCF
$1.16
$1.42
$1.75
80
Owner Earnings
$1.02
$1.27
$1.60
78
All 22 models by family
DCF Models
FCF DCF
$1.14
$1.42
$1.79
82
Owner Earnings
$1.02
$1.27
$1.60
78
5Y Revenue Exit
$1.54
$2.30
$3.29
72
5Y EBITDA Exit
$1.74
$2.65
$3.72
75
5Y P/E Exit
$1.22
$1.75
$2.30
71
10Y Revenue Exit
$1.30
$1.87
$2.53
67
10Y EBITDA Exit
$1.45
$2.07
$2.79
69
10Y P/E Exit
$1.18
$1.56
$1.95
65
Earnings-Based
Graham-Dodd
$0.7700
$1.50
$1.87
66
EPV
$0.8800
$0.9800
$1.07
74
Multiples
P/E Multiple
$1.45
$1.93
$2.41
63
P/S Multiple
$1.45
$1.93
$2.41
58
P/B Multiple
$1.45
$1.93
$2.41
55
EV/EBIT
$2.33
$3.09
$3.86
66
EV/EBITDA
$2.60
$3.46
$4.31
67
EV/Revenue
$2.03
$2.88
$3.73
54
Asset-Based
NCAV (Graham)
$1.51
$2.02
$3.02
54
Growth DCF
Growth DCF
$1.16
$1.42
$1.75
80
Rev-Margin DCF
$1.54
$2.31
$3.18
73
Economic Profit
Residual Income
$2.03
$1.95
$1.93
76
ROIC Compounder
$0.8800
$0.9800
$1.07
72
Growth Earnings
Growth-Adj P/E
$1.05
$1.50
$1.95
67
Notify me when TTTRF reaches fair value
Put TTTRF on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.
Set up alert →Quality Score breakdown
Overall quality
58/100
Of which business quality 58 · Market factors (momentum, volatility) 61
Profitability
35
Margins and returns on capital today
Quality Growth
4
Are margins and returns improving?
Cashflow
52
Earnings quality: real cash, not paper profit
Fin. Strength
79
Balance sheet, leverage, solvency risk
Investment
96
Disciplined investing over empire-building
Low Volatility
47
Calm price path (market factor)
Momentum
75
Price trend over the last 3–12 months (market factor)
52W Momentum
54
Distance to the 52-week high (market factor)
Net Issuance
97
Share count: buybacks or dilution?
Revenue & earnings trend
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.
55/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−11.8%
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.
−1.9%
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.
+4.0%
Start year 2020 (pandemic). Over 10 years: +4.4% a year
Revenue growth 10 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.
+4.4%
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
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.
−15.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year−16.1%
Dividend (yield on the price)0.9%
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.14% → 7%
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+20.8%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+2.8%
Yearly sales growth analysts expect, extended to five years.
After inflation (figures in GBP, UK: IMF forecast 2.3% a year to 2030, 3.3% from 2016 to 2025) that is about +18.0% a year for the price and +0.5% for the forecasts.
Forecast 2026 (sales)+3.0%
Forecast 2027 (sales)+3.0%
Projected 2028 (sales)+2.9%
Projected 2029 (sales)+2.7%
Projected 2030 (sales)+2.6%
TTTRF screens overvalued: fair value 46% below the price. Compare with Linde plc →
Compare Treatt plc with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Specialty Chemicals · 696 stocks
Beats the industry median on 2/13 measures
Overall it trails its industry peers.
Valuation Multiplesvs Specialty Chemicals median · lower = cheaper
Context: sector, industry, market
- Is the Materials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: US Stocks
- Valuation of the USA market
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 Specialty Chemicals stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Linde plc LIN | $474.65 | $441.72 | −7% |
| The Sherwin-Williams Company SHW | $330.44 | $151.68 | −54% |
| Ecolab Inc ECL | $274.58 | $96.56 | −65% |
| Air Products and Chemicals, Inc APD | $279.19 | $121.30 | −57% |
| Nan Ya Plastics Corporation 1303 | 238.00 TWD | 234.23 TWD | −2% |
| Givaudan SA GIVN | CHF 3,360 | CHF 1,527 | −55% |
| Sika AG SIKA | CHF 183.80 | CHF 98.89 | −46% |
| Wanhua Chemical Group 600309 | ¥69.45 | ¥68.03 | −2% |
| DSM-Firmenich AG DSFIR | CHF 92.30 | CHF 29.70 | −68% |
| Asian Paints Limited ASIANPAINT | ₹2,444 | ₹1,479 | −39% |
Explore undervalued stocks
More undervalued Basic Materials stocks →
All undervalued stocks
TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
🥇 Backtested Best
🏆 Big Names
⭐ Top Rated
💎 Quality on Sale
🚀 Profitable Growth
🧊 Quality Compounders
💵 Dividend Stars
📈 Strong Momentum
📉 Fallen Angels
⚖️ Deeply Undervalued
🔍 Small-Cap Gems
🏰 Moat at a Fair Price
💼 Insider Buying
🎩 Buffett-Style Quality
📚 Peter Lynch GARP
🧮 Greenblatt Magic Formula
🛡️ Graham Defensive
Discover tools
Stock screenerFilter by region, size and sector
Compare toolTwo stocks side by side
Extrinsic Value Calculator…Calculator with industry benchmark
Peter Lynch Fair Value Formula &…Calculator with industry benchmark
Run the numbers yourself: free valuation calculators
Frequently asked questions
Is Treatt plc (TTTRF) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of $1.89 versus the last price from Jul 7, 2026 of $3.50, about −46% upside (overvalued).
What is the fair value of TTTRF?
Our model-based fair value for Treatt plc is $1.89 (as of Sep 24, 2026), built from audited fundamentals. Last price (from Jul 7, 2026): $3.50.
What is the quality score of TTTRF?
Treatt plc has a Quality Score of 58/100. 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 Treatt plc (TTTRF)?
Our model-based price target is the fair value of $1.89 (as of Sep 24, 2026) from 22 valuation models. Cautious scenario $1.32, optimistic scenario $1.97. It is a calculation from audited fundamentals, not an analyst target.
What is the Treatt plc stock forecast for 2026?
Our models put fair value at $1.89, about −46% upside versus the last price from Jul 7, 2026 of $3.50 (overvalued). Cautious scenario $1.32, optimistic scenario $1.97. The calculation is refreshed regularly with new filings.
What is the revenue of Treatt plc (TTTRF)?
Treatt plc reported trailing-twelve-month revenue of about £128M (latest available figure, as of Sep 24, 2026).
Does Treatt plc pay a dividend?
Treatt plc currently shows a dividend yield of about 0.86% relative to its recent price (as of Sep 24, 2026).
What growth is priced into Treatt plc (TTTRF)?
For today's price to be fair in a discounted-cash-flow model, Treatt plc would have to grow free cash flow by +20.8 % per year for five years (discount rate 12.4 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +4.0 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of TTTRF use?
Our models discount Treatt plc at 12.4 %: a base by market capitalisation (micro), damped by beta 0.91, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Treatt plc that is +20.8 % per year a year over ten years, using the same discount rate (12.4 %) and the same formula as our fair value.
How much growth has Treatt plc (TTTRF) delivered so far?
Over the past 5 years revenue at Treatt plc grew +4.0 % a year. The price currently implies +20.8 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Treatt plc (TTTRF) growing?
The median revenue growth in the sector is +15.9 % a year. That is the yardstick for the growth priced into Treatt plc (+20.8 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Treatt plc (TTTRF)?
The free-cash-flow yield on the price is 4.05 %: that much free cash flow Treatt plc produces per unit of market value. When it exceeds the discount rate of our models (12.4 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Treatt plc (TTTRF)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Treatt plc it is $1.89 per share (as of Sep 24, 2026), against a price of $3.50. It is the blended result of 22 valuation models (cash flow, earnings, asset, dividend).
Is Treatt plc stock overvalued or undervalued in 2026?
As of Sep 24, 2026, TTTRF trades above its calculated fair value: price $3.50, fair value $1.89, a gap of about −46% (overvalued). 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 TTTRF?
No. The price is what the market pays today ($3.50); the fair value is what the company's own numbers justify ($1.89). For Treatt plc the two are $1.61 per share apart. That gap is exactly why we show both numbers side by side.
How much is Treatt plc worth?
The market values Treatt plc at about $236M (market capitalisation, as of Sep 24, 2026). Per share that is $3.50; our models calculate a fair value of $1.89 per share.
What do the bullish and bearish scenarios say about TTTRF?
Our models span a range for Treatt plc: cautious scenario $1.32, base $1.89, optimistic $1.97 per share (as of Sep 24, 2026, price $3.50). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of TTTRF?
Treatt plc trades at a price-to-earnings ratio of 35.0 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $1.89 is built from several models across several years. Other multiples: P/B 1.8, P/S 1.8, EV/EBITDA 16.1.
How solid is the balance sheet of Treatt plc (TTTRF)?
Balance-sheet figures for Treatt plc (as of Sep 24, 2026): return on equity 3.1%. They feed the Quality Score of 58/100, which measures business quality independently of the share price.
How far is TTTRF from its 52-week high?
Treatt plc trades at $3.50, about 14% below its 52-week high of $4.08 and 44% above the low of $2.42 (as of Jul 7, 2026). Distance from the high says nothing about value: that is what the fair value of $1.89 is for.
Which stocks are comparable to Treatt plc?
From the same area (Basic Materials) we also value Linde plc, The Sherwin-Williams Company, Ecolab Inc, Air Products and Chemicals, 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 Treatt plc stock attractive at the current price?
The data as of Sep 24, 2026: price $3.50, calculated fair value $1.89 (−46%), Quality Score 58/100, from 22 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 TTTRF calculated?
We run Treatt plc through 22 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $1.89, 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 14.5 % above its aggregate fair value. Treatt plc 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 Treatt plc (TTTRF)?
The latest price we hold is from Jul 7, 2026 and stands at $3.50. Our model-based fair value is $1.89, about −46% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Treatt plc right now?
The price sits above even our optimistic bull case ($1.97). The favourable scenario is already priced in. Solid but not exceptional quality (58/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of Treatt plc
How large is the market capitalisation of Treatt plc (TTTRF)?
The market capitalisation of Treatt plc is $236M. 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 Treatt plc (TTTRF)?
The price-to-sales ratio of Treatt plc is 1.34 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Treatt plc (TTTRF)?
Earnings per share at Treatt plc are $0.1000 (price ÷ EPS = P/E 35.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Treatt plc (TTTRF)?
The dividend yield of Treatt plc is 0.9% (payout 30.0%). 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 Treatt plc (TTTRF)?
The net margin of Treatt plc is 3.8% (fiscal year 2025). 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 Treatt plc (TTTRF)?
The return on equity (ROE) of Treatt plc is 3.1% (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 Treatt plc (TTTRF)?
On an EBIT basis the return on assets of Treatt plc is 10.0% (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 Treatt plc (TTTRF)?
The operating margin of Treatt plc is 4.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Treatt plc (TTTRF)?
Revenue at Treatt plc is growing −6.5% versus a year earlier (3y avg −1.9%). 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 Treatt plc (TTTRF)?
Earnings per share at Treatt plc are growing −31.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Treatt plc (TTTRF) carry?
The net debt of Treatt plc is £5.0M (fiscal year 2025, ≈ 0.8 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Treatt plc in the live analysis
One click puts Treatt plc on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Watch for free →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.