$Tootsie Roll Industries (TR.US)$There has been little chang...
$Tootsie Roll Industries(TR.US$There has been little change in revenue fluctuations over the past 5 years. Operating profit rebounded 15% in 2021 after 4 years of continuous decline, but it did not exceed the level of 2019, and net profit declined sharply from 81 million to around 60 million for 4 years.
Revenue increased 23% in the first 3 quarters of 2022, and operating profit increased sharply by 78% by controlling operating expenses, but was offset by other non-operating expenses, and net profit increased by only 12%.
Currently 48x price-earnings ratio and 45x price-earnings ratio TTM are unattractive.
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