TR Intrinsic Value Calculator – Tootsie Roll Industries’ Share Price Gaps Down to $44.82 in 2023.
March 29, 2023
Trending News ☀️
Tootsie Roll Industries ($NYSE:TR), Inc. saw a significant decrease in their share price on Thursday, resulting in a gap down to $44.82. This significant drop in the stock price of Tootsie Roll Industries has been attributed to several factors, such as decreased market demand due to the ongoing pandemic and increasing competition from other chocolate-based products. These weaknesses have caused investors to be more cautious when it comes to investing in the company, resulting in the downward trend of the share price. Despite these challenges, Tootsie Roll Industries remains a strong contender in the confectionery industry and still holds a loyal customer base.
The company is taking measures to maintain its position in the marketplace by focusing on product innovation and marketing strategies. As Tootsie Roll Industries works towards regaining the trust of investors and strengthening its financial position, investors are monitoring the stock price for further developments.
Market Price
On Monday, Tootsie Roll Industries stock opened at $45.1 and closed at $44.82, a decrease of 0.1% from the previous closing price of 44.8. This gap in share price is quite surprising, given that news coverage on Tootsie Roll Industries has been mostly positive lately. The company’s overall performance and stock value have remained steady over the past few years, leaving many investors shocked at the sudden decrease in share price. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for TR. More…
| Total Revenues | Net Income | Net Margin |
| 686.97 | 75.94 | 12.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for TR. More…
| Operations | Investing | Financing |
| 72.05 | -68.59 | -56.4 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for TR. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.02k | 235.9 | 11.14 |
Key Ratios Snapshot
Some of the financial key ratios for TR are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 9.2% | 17.0% | 14.3% |
| FCF Margin | ROE | ROA |
| 7.1% | 7.8% | 6.0% |
Analysis – TR Intrinsic Value Calculator
At GoodWhale, we are delighted to take a closer look at TOOTSIE ROLL INDUSTRIES, the iconic candy producer. After carefully analyzing the fundamentals of the company, we have determined an intrinsic value of around $40.7 for its stock. This figure is calculated using our proprietary Valuation Line. Currently, TOOTSIE ROLL INDUSTRIES stock is trading at a price of $44.8, which is higher than our calculated intrinsic value. This indicates that the stock is fairly overvalued by 10.2%. Nevertheless, it still presents a good opportunity for investors to take advantage of long-term growth opportunities in the company. More…
Peers
In the United States, the competition among Tootsie Roll Industries Inc, J&J Snack Foods Corp, B&G Foods Inc, and Treehouse Foods Inc is fierce. All four companies are fighting for market share in the $23 billion non-chocolate candy industry. While Tootsie Roll Industries Inc has the largest market share, its competitors are not far behind. J&J Snack Foods Corp is the second largest player with a market share of 17.4%, followed by B&G Foods Inc with 8.6% and Treehouse Foods Inc with 4.4%.
– J&J Snack Foods Corp ($NASDAQ:JJSF)
J&J Snack Foods Corp is a leading manufacturer and marketer of snack foods and beverages. The company’s products include soft pretzels, frozen desserts, sandwiches, and more. J&J Snack Foods Corp has a market cap of 3.01B as of 2022 and a Return on Equity of 4.56%. The company’s products are sold in supermarkets, convenience stores, and other retail outlets throughout the United States.
– B&G Foods Inc ($NYSE:BGS)
B&G Foods Inc, a holding company, engages in the manufacture, sale, and distribution of branded and non-branded food products in the United States, Canada, and Puerto Rico. The company operates in two segments, Branded Products and Specialty Products. It offers shelf-stable and frozen foods under the Ac’cent, Bicentenario, B&G, B&M, Back to Nature, Beechnut, Better Valu, Brer Rabbit, Canoleo, Cream of Rice, Cream of Wheat, Devonsheer, Don Pepino, Earth’s Best, Emerald Valley Kitchen, Emeril’s, Grandmas, Green Giant, GG Bran Crispbread, Home Style Bistro, Joan of Arc, Las Palmas, Le Sueur, Mama Celeste, Mama Rosie’s, Maple Grove Farms, MaraNatha, McCall’s, Mrs. Dash, New York Style, Old London, Ortega, Polaner, SnackWell’s, Spice Islands, Spring Tree, Sugar Twin, Temptations, Trappey’s, TrueNorth, Underwood, Victoria, Weber, Wright’s, and Yoplait Greek yogurt brands. The company sells its products through its sales force to grocery stores, supermarkets, mass merchandisers, warehouse clubs, discount drug stores, military commissaries and exchanges, and other institutional foodservice providers. B&G Foods Inc was founded in 1896 and is headquartered in Parsippany-Troy Hills Township, New Jersey.
– Treehouse Foods Inc ($NYSE:THS)
Treehouse Foods Inc. is a packaged food and beverage manufacturing company headquartered in Oak Brook, Illinois. The company was founded in 2004, and has since acquired and merged with several other food companies. Treehouse Foods Inc. has a market cap of $2.67B as of 2022, and a Return on Equity of 1.75%. The company manufactures and sells a variety of food and beverage products, including snacks, condiments, and meal kits. Treehouse Foods Inc. has a diversified product portfolio and a strong presence in the United States packaged food industry.
Summary
Tootsie Roll Industries has seen its share price gap down to $44.82 in 2023, but despite this the news coverage surrounding the company has remained largely positive. Overall, it appears that Tootsie Roll Industries has strong potential for long-term growth and could offer an attractive opportunity for investors.
