CELH
Celsius Holdings, Inc.
CELH's fundamentals are strong and it looks cheap: trading at 35x earnings, less than half its usual 142x. Analysts expect strong earnings growth, though they disagree widely on how much.
TANH
Tantech Holdings Ltd
There isn't enough reported data to score TANH yet.
CELH Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Stable | |
| Strong |
CELH's revenue, profitability and balance sheet are currently healthy, and its cash flow is stable.
TANH Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Weak | |
| Unavailable | |
| Healthy |
TANH's balance sheet is currently healthy, but its profitability is weak. There isn't enough data to rate its revenue and cash flow.
CELH PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 21x | $31.89 | — |
| Current | 35x | $31.89 | — |
| Cheap | 40x | $35.95 | +13% |
| Fair | 141x | $127 | +299% |
| Expensive | 650x | $585 | +1735% |
Historical ranges are pointers, not guarantees.
CELH's PE is in its cheap range at 35x. If earnings grow as analysts expect, today's price would be 21x next year's earnings.
TANH PE Valuation
TANH has no meaningful PE right now: it lost money over the past year.
CELH Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for CELH, with profitability improving. However, they disagree widely on these estimates.
TANH Forward outlook
There aren't enough analyst estimates for TANH to show an outlook.
CELH Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.53 | +70% |
| Q3 2026 | $0.90 | +718% |
| Q2 2026 | $0.24 | -37% |
| Q1 2026 | $0.43 | +30% |
| Q4 2025 | $0.25 | -44% |
| Q3 2025 | $0.11 | -85% |
| Q2 2025 | $0.38 | -62% |
| Q1 2025 | $0.33 | -64% |
| Q4 2024 | $0.45 | -42% |
CELH has the edge over TANH in the latest year-over-year earnings comparison.
TANH Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2024 | $2,340.00 | -16% |
| Q4 2020 | -$105,600.00 | $0.00 |
| Q4 2019 | -$105,600.00 | -420% |
| Q4 2018 | $33,008.50 | -53% |
| Q4 2017 | $69,623.80 | -24% |
| Q4 2016 | $91,200.00 | -53% |
| Q4 2015 | $192,000.00 | +21% |
TANH lost $682.00 per share over the past year, a smaller loss than the year before.
CELH Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $847.2M | +17% |
| Q2 2026 | $817.9M | +11% |
| Q1 2026 | $782.6M | +138% |
| Q4 2025 | $721.6M | +117% |
| Q3 2025 | $725.1M | +173% |
| Q2 2025 | $739.3M | +84% |
| Q1 2025 | $329.3M | -7.4% |
| Q4 2024 | $332.2M | -4.4% |
CELH's revenue has grown year over year for six quarters in a row: $847M last quarter, up 17% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 20% | +31 points |
| Q2 2026 | 9.2% | -10 points |
| Q1 2026 | 18% | +2 points |
| Q4 2025 | 3.6% | +9.2 points |
| Q3 2025 | -11% | -9.8 points |
| Q2 2025 | 19% | -4.1 points |
| Q1 2025 | 16% | -7.6 points |
| Q4 2024 | -5.6% | -23 points |
CELH's operating margin was 20% last quarter, up 31 points from the same quarter a year ago.
TANH Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2025 | $38.4M | +79% |
| Q2 2025 | $20.5M | -4.6% |
| Q4 2024 | $21.4M | -22% |
| Q2 2024 | $21.5M | +9% |
| Q4 2023 | $27.6M | +4.2% |
| Q2 2023 | $19.7M | -27% |
| Q4 2022 | $26.5M | -24% |
| Q2 2022 | $27M | +31% |
TANH has the edge over CELH in the latest year-over-year revenue comparison.
| Quarter | Margin | YoY |
|---|---|---|
| Q4 2025 | -32% | -32 points |
| Q2 2025 | 16% | +6.3 points |
| Q4 2024 | 11% | +5.5 points |
| Q2 2024 | 8% | -4 points |
| Q4 2023 | -0.2% | +7.8 points |
| Q2 2023 | 9.6% | +37 points |
| Q4 2022 | 5.1% | +68 points |
| Q2 2022 | 12% | +4 points |
TANH's operating margin was −32% last quarter, down 32 points from the same quarter a year ago, near the bottom of its range since 2014.
CELH Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $127.7M | -60% |
| Q2 2026 | $205.5M | +479% |
| Q1 2026 | $65.8M | -32% |
| Q4 2025 | -$130M | -285% |
| Q3 2025 | $321.5M | +3599% |
| Q2 2025 | $35.5M | +17% |
| Q1 2025 | $96.4M | -26% |
| Q4 2024 | $70.3M | +16394% |
CELH still generates free cash flow, though less than at its 2025 peak: $269M over the past year.
TANH Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q4 2025 | -$5.8M | -$5.3M |
| Q2 2025 | -$3.4M | -178% |
| Q4 2024 | -$528.1K | -109% |
| Q2 2024 | $4.4M | +$5.5M |
| Q4 2023 | $6.2M | -89% |
| Q2 2023 | -$1.1M | +$46.5M |
| Q4 2022 | $55.8M | +$62.4M |
| Q2 2022 | -$47.6M | -$45.9M |
TANH's free cash flow was −$5M over the past year, against $13M the year before.
CELH Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.8% | -2M shares |
| 1 year | -1.1% | -2.9M shares |
| 3 years | +7.4% | +17.6M shares |
| 5 years | +8.3% | +19.5M shares |
| Available history | +32% | +62.4M shares |
CELH has the edge over TANH on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $300,000 |
| Q2 2026 | $1M |
| Q1 2026 | $8.8M |
| Q4 2025 | $2.5M |
| Q3 2025 | $448,000 |
| Q2 2025 | $879,000 |
| Q1 2025 | $1.9M |
| Q4 2024 | $603,000 |
CELH spent $13M buying back its own shares over the past year, about three times what it spent the year before.
TANH Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +70% | +19K shares |
| 1 year | +58971% | +46K shares |
| 3 years | +52860% | +46K shares |
TANH has 46,075 diluted shares, up 58971% from a year ago.
CELH Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.1x | Net Cash |
| Q2 2026 | 0.2x | Very low |
| Q1 2026 | 0.5x | Very low |
| Q4 2025 | 1.6x | Healthy |
| Q3 2025 | 0.5x | Very low |
| Q2 2025 | 1.4x | Healthy |
| Q1 2025 | -7.3x | Net Cash |
| Q4 2024 | -5.5x | Net Cash |
CELH has more cash than debt.
TANH Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2024 | -8.7x | Net Cash |
| Q2 2024 | -17.7x | Net Cash |
| Q4 2023 | -12.8x | Net Cash |
| Q2 2023 | -6.4x | Net Cash |
TANH has more cash than debt.
CELH Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.3 | Neutral |
| Stochastic | 56.8 | Neutral |
CELH's weekly RSI is 51 (neutral) and its Stochastic is 57 (neutral).
TANH Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 64.9 | Neutral |
| Stochastic | 41.6 | Neutral |
TANH's weekly RSI is 65 (neutral) and its Stochastic is 42 (neutral).
CELH PE vs Consumer Defensive Sector
| Metric | CELH | Sector median | Relative |
|---|---|---|---|
| PE | 35x | 19x | 82% above |
| PE % | 11 | 18 | 7 pts below |
CELH is trading at 35x earnings, a 82% premium to the Consumer Defensive sector's median of 19x.
TANH PE vs Consumer Defensive Sector
| Metric | TANH | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 19x | — |
TANH has no meaningful PE right now: it lost money over the past year.
CELH Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $29.1 | 9.4% above |
| 20 week MA | $29.6 | 7.8% above |
| 50 week MA | $36.1 | 12% below |
| 100 week MA | $38.8 | 18% below |
| 200 week MA | $44.6 | 29% below |
CELH has bounced recently, but its long-term trend is still down: it's above its 8- and 20-week averages, but 29% below its 200-week average.
TANH Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $17.7 | 125% above |
| 20 week MA | $19.0 | 109% above |
| 50 week MA | $28.7 | 38% above |
| 100 week MA | $83.5 | 52% below |
| 200 week MA | $1,408.1 | 97% below |
TANH has the edge over CELH on trend strength, trading above more of its moving averages.
CELH Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $1.58 | $14.7 | +832% |
| 2021 | $14.7 | $24.9 | +69% |
| 2022 | $24.9 | $35.6 | +43% |
| 2023 | $35.6 | $54.5 | +53% |
| 2024 | $54.5 | $26.5 | -51% |
| 2025 | $26.5 | $45.6 | +72% |
| 2026 YTD | $45.6 | $31.9 | -30% |
CELH's yearly returns have swung widely, from +832% in 2020 to −51% in 2024. It's down 30% so far in 2026.
TANH Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $864,000.0 | $724,800.0 | -16% |
| 2021 | $724,800.0 | $201,072.0 | -72% |
| 2022 | $201,072.0 | $3,920.0 | -98% |
| 2023 | $3,920.0 | $2,380.0 | -39% |
| 2024 | $2,380.0 | $380.0 | -84% |
| 2025 | $380.0 | $51.0 | -87% |
| 2026 YTD | $51.0 | $39.8 | -22% |
TANH has the edge over CELH on returns for 2026, with the stronger performance.