Tootsie Financial Statements From 2010 to 2024
TROLBDelisted Stock | USD 32.50 0.00 0.00% |
Check Tootsie Roll financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tootsie Roll's main balance sheet or income statement drivers, such as , as well as many indicators such as . Tootsie financial statements analysis is a perfect complement when working with Tootsie Roll Valuation or Volatility modules.
Tootsie |
Tootsie Roll Industries Company Return On Equity Analysis
Tootsie Roll's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Tootsie Roll Return On Equity | 0.0917 |
Most of Tootsie Roll's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tootsie Roll Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
CompetitionBased on the latest financial disclosure, Tootsie Roll Industries has a Return On Equity of 0.0917. This is 96.53% lower than that of the Consumer Defensive sector and 98.75% lower than that of the Confectioners industry. The return on equity for all United States stocks is 129.58% lower than that of the firm.
Tootsie Roll Industries Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tootsie Roll's current stock value. Our valuation model uses many indicators to compare Tootsie Roll value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tootsie Roll competition to find correlations between indicators driving Tootsie Roll's intrinsic value. More Info.Tootsie Roll Industries is rated third in return on equity category among its peers. It is currently regarded as top stock in return on asset category among its peers reporting about 0.60 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Tootsie Roll Industries is roughly 1.66 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Tootsie Roll by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Tootsie Roll's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Tootsie Roll Financial Statements
Tootsie Roll stakeholders use historical fundamental indicators, such as Tootsie Roll's revenue or net income, to determine how well the company is positioned to perform in the future. Although Tootsie Roll investors may analyze each financial statement separately, they are all interrelated. For example, changes in Tootsie Roll's assets and liabilities are reflected in the revenues and expenses on Tootsie Roll's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Tootsie Roll Industries. Please read more on our technical analysis and fundamental analysis pages.
Tootsie Roll Industries, Inc., together with its subsidiaries, engages in manufacture and sale of confectionery products in the United States, Canada, Mexico, and internationally. Tootsie Roll Industries, Inc. was founded in 1896 and is based in Chicago, Illinois. Tootsie Roll operates under Confectioners classification in the United States and is traded on OTC Exchange. It employs 2000 people.
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Other Consideration for investing in Tootsie Pink Sheet
If you are still planning to invest in Tootsie Roll Industries check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Tootsie Roll's history and understand the potential risks before investing.
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