$Tootsie Roll Industries (TR.US)$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 did not exceed 2019 levels, 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 by 78% by controlling operating expenses, but was offset by other non-operating expenses, and net profit increased by only 12%.
Currently, TTM with a price-earnings ratio of 48 times and a price-earnings ratio of 45 times is not attractive.
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