Tootsie Roll Industries (FRA:TZ3) ROE %: 7.52% (As of Mar. 2026) — 22% Below Median

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FRA:TZ3 Tootsie Roll Industries Inc FRA:TZ3
78 GF Score
Price €33.00
GF Value €27.38
! 1 Warning Sign
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What is Tootsie Roll Industries ROE %?

Tootsie Roll Industries FRA:TZ3 +0.61% 78 ROE % is 7.52% as of Mar. 2026, which is 22% below its 10-year median of 9.68. GuruFocus rates FRA:TZ3 with a GF Score™ of 78/100 and a GF Value™ of €27.38. The stock has 1 warning sign investors should review. Among 1,920 Consumer Packaged Goods companies, Tootsie Roll Industries ranks better than 65.83% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Tootsie Roll Industries's annualized net income for the quarter that ended in Mar. 2026 was €61.1 Mil. Tootsie Roll Industries's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was €812.3 Mil. Therefore, Tootsie Roll Industries's annualized ROE % for the quarter that ended in Mar. 2026 was 7.52%.

The historical rank and industry rank for Tootsie Roll Industries's ROE % or its related term are showing as below:

FRA:TZ3' s ROE % Range Over the Past 10 Years
Min: 7.67   Med: 9.68   Max: 11.44
Current: 10.88

During the past 13 years, Tootsie Roll Industries's highest ROE % was 11.44%. The lowest was 7.67%. And the median was 9.68%.

FRA:TZ3's ROE % is ranked better than
65.83% of 1920 companies
in the Consumer Packaged Goods industry
Industry Median: 6.755 vs FRA:TZ3: 10.88

Tootsie Roll Industries  (FRA:TZ3) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=61.108/812.3385
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(61.108 / 524.332)*(524.332 / 1075.1055)*(1075.1055 / 812.3385)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.65 %*0.4877*1.3235
=ROA %*Equity Multiplier
=5.68 %*1.3235
=7.52 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=61.108/812.3385
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (61.108 / 81.412) * (81.412 / 80.316) * (80.316 / 524.332) * (524.332 / 1075.1055) * (1075.1055 / 812.3385)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7506 * 1.0136 * 15.32 % * 0.4877 * 1.3235
=7.52 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Tootsie Roll Industries ROE % Related Terms


Tootsie Roll Industries ROE % Historical Data

* Premium members only.

The historical data trend for Tootsie Roll Industries's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tootsie Roll Industries ROE % Chart

Tootsie Roll Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.84 10.10 11.28 10.45 10.45

Tootsie Roll Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.12 7.66 15.61 12.40 7.52

FRA:TZ3 vs SOWG, RMCF, MDLZ: ROE % Comparison

For the Confectioners subindustry, Tootsie Roll Industries's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tootsie Roll Industries ROE % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tootsie Roll Industries's ROE % distribution charts can be found below:

* The bar in red indicates where Tootsie Roll Industries's ROE % falls into.


FRA:TZ3
78GF Score
Tootsie Roll Industries Inc FRA:TZ3
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tootsie Roll Industries ROE % Calculation

Tootsie Roll Industries's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=85.444/( (831.56+803.59)/ 2 )
=85.444/817.575
=10.45 %

Tootsie Roll Industries's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=61.108/( (803.59+821.087)/ 2 )
=61.108/812.3385
=7.52 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 7.52% mean?
Tootsie Roll Industries (FRA:TZ3) has a ROE % of 7.52% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Tootsie Roll Industries and its competitors. This is 22% below median its historical median of 9.68. Over the past decade, Tootsie Roll Industries' ROE % has ranged from 7.67 to 11.44. According to the industry distribution chart, Tootsie Roll Industries ranks #656 out of 1920 companies in the Consumer Packaged Goods industry, placing it in the top 34.2%.
Is Tootsie Roll Industries' ROE % too high?
Tootsie Roll Industries' current ROE % of 7.52% is 22% below median its 10-year median of 9.68. Over the past 10 years, this metric has ranged from a low of 7.67 to a high of 11.44. The Consumer Packaged Goods industry median ROE % is 6.76. Tootsie Roll Industries' value of 7.52% is 11.3% above this industry median. Based on the distribution chart, Tootsie Roll Industries ranks #656 out of 1920 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Tootsie Roll Industries has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Tootsie Roll Industries' ROE % compare to SOWG and RMCF?
According to the Consumer Packaged Goods industry distribution chart, Tootsie Roll Industries ranks #656 out of 1920 companies for ROE %. This puts Tootsie Roll Industries in the upper half of its industry. The industry median ROE % is 6.76. Tootsie Roll Industries' value of 7.52% is 11.3% above this benchmark. Historically, Tootsie Roll Industries' own ROE % has ranged from 7.67 to 11.44 over the past decade. While the company's 10-year median is 9.68 vs. the industry median of 6.76, Tootsie Roll Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Consumer Packaged Goods company?
The median ROE % among Consumer Packaged Goods companies is 6.76, based on 1,920 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tootsie Roll Industries's current ROE % of 7.52% is 11.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Tootsie Roll Industries and its competitors. For the Consumer Packaged Goods industry, the median ROE % is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tootsie Roll Industries's current ROE % is 7.52%, which is 22% below median its own 10-year median of 9.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tootsie Roll Industries stock overvalued right now?
Tootsie Roll Industries (FRA:TZ3) has a current ROE % of 7.52%. The stock's GF Value™ is €27.38, compared to a current price of €33.00 — trading 20.5% above its estimated fair value. The current ROE % is 7.52%, which is 22% below median its 10-year median of 9.68 and 11.3% above the Consumer Packaged Goods industry median of 6.76. Tootsie Roll Industries' overall GF Score™ is 78/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Tootsie Roll Industries (FRA:TZ3), the current ROE % is 7.52% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tootsie Roll Industries (FRA:TZ3) Overvalued in 2026?

Based on GuruFocus' analysis, Tootsie Roll Industries stock appears to be overvalued. The current stock price of €33.00 is trading 20.5% above its estimated GF Value™ of €27.38.

Key valuation signals for FRA:TZ3:

  • ROE %: 7.52% (22% below median its 10-year median of 9.68)
  • GF Value™: €27.38 vs. price of €33.00 (20.5% above fair value)
  • GF Score™: 78/100 with 1 warning sign
  • Industry Position: 11.3% above the Consumer Packaged Goods median (#656 of 1920)

No single metric tells the full story. See the FRA:TZ3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tootsie Roll Industries Business Description

Other Exchanges TROLB:USATR:USA
Address 7401 South Cicero Avenue, Chicago, IL, USA, 60629
Tootsie Roll Industries Inc manufactures and sells confectionery products. Notable varieties include Tootsie Roll and Tootsie Pops, Charms, Blow-Pops, Dots, Junior Mints, Sugar Daddy and Sugar Babies, Andes, Dubble Bubble, Razzles among others. The company sells its products to wholesale distributors and directly to retail stores. Geographically, it generates a majority of its revenue from the United States and rest from Canada, Mexico and other regions.
78GF Score

Get the complete analysis for FRA:TZ3

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€33.00
Price
€27.38
GF Value