Tootsie Roll Industries Adjusts Valuation Grade Amid Flat Financial Performance

Tootsie Roll Industries, Inc. has recently undergone an evaluation adjustment, reflecting a revision in its score. This change is primarily attributed to a shift in the valuation grade, which has transitioned from a classification of very expensive to fair.
Key financial metrics for Tootsie Roll indicate a P/E ratio of 35, alongside a Price to Book Value of 3.42. The company's EV to EBIT stands at 24.81, while the EV to EBITDA is recorded at 21.41. Additionally, Tootsie Roll's dividend yield is noted at 0.48%, with a return on capital employed (ROCE) of 16.10% and a return on equity (ROE) of 9.70%.

Despite these metrics, the company has experienced flat financial performance in the most recent quarter, with net sales growing at an annual rate of 7.54% and operating profit at 8.81% over the past five years. The inventory turnover ratio is at its lowest, recorded at 3.57 times, and the operating profit for the quarter is USD 17.56 million.

Overall, Tootsie Roll Industries, Inc. is trading at a premium compared to its peers, with a notable return of 30.94% over the past year, despite a slight decline in profits.

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