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Tofutti Brands (Tofutti Brands) 10-Year ROIIC % : 158.44% (As of Dec. 2023)


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What is Tofutti Brands 10-Year ROIIC %?

10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year. Tofutti Brands's 10-Year ROIIC % for the quarter that ended in Dec. 2023 was 158.44%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Tofutti Brands's 10-Year ROIIC % or its related term are showing as below:

TOFB's 10-Year ROIIC % is ranked better than
97.16% of 1723 companies
in the Consumer Packaged Goods industry
Industry Median: 3.19 vs TOFB: 158.44

Tofutti Brands 10-Year ROIIC % Historical Data

The historical data trend for Tofutti Brands's 10-Year ROIIC % 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.

* Premium members only.

Tofutti Brands 10-Year ROIIC % Chart

Tofutti Brands Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -28.77 8.26 45.14 -107.77 158.44

Tofutti Brands Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
10-Year ROIIC % 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 -107.77 - - - 158.44

Competitive Comparison of Tofutti Brands's 10-Year ROIIC %

For the Packaged Foods subindustry, Tofutti Brands's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % 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.


Tofutti Brands's 10-Year ROIIC % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tofutti Brands's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Tofutti Brands's 10-Year ROIIC % falls into.



Tofutti Brands 10-Year ROIIC % Calculation

Tofutti Brands's 10-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( -0.36295 (Dec. 2023) - -0.90799 (Dec. 2013) )/( 3 (Dec. 2023) - 2.656 (Dec. 2013) )
=0.54504/0.344
=158.44%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Tofutti Brands  (OTCPK:TOFB) 10-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Tofutti Brands 10-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Tofutti Brands's 10-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Tofutti Brands (Tofutti Brands) Business Description

Traded in Other Exchanges
N/A
Address
50 Jackson Drive, Cranford, NJ, USA, 07016
Tofutti Brands Inc is engaged in the development, production, and marketing of TOFUTTI brand non-dairy frozen desserts and other food products. It offers soy-based products, plant-based, dairy vegan, frozen desserts, soy-based cheeses and spreads, and other frozen food products. The company sells its dairy-free frozen dessert products, frozen entrees, and soy-cheese products in majorly markets in the United States, including Atlanta, Baltimore, Boston, Charlotte, Chicago, Cincinnati, and Cleveland. It distributes all of its products by common carrier or by allowing customers to pick up products from outside storage facilities.
Executives
Efraim Mintz director TOFUTTI BRANDS INC., 50 JACKSON DRIVE, CRANFORD NJ 07106
Joseph N Himy director 13-01 POLLITT DRIVE, FAIR LAWN NJ 07410
Scott Korman director C/O NASHONE, INC., 175 ELM ROAD, ENGLEWOOD NJ 07361
Neal S Axelrod director C/O TOFUTTI BRANDS INC., 50 JACKSON DRIVE, CRANFORD NJ 07016
Steven Kass officer: Chief Financial Officer 50 JACKSON DRIVE, CRANFORD NJ 07016
Philip Gotthelf director C/O TOFUTTI BRANDS INC., 50 JACKSON DRIVE, CRANFORD NJ 07016
Aron Forem director C/O WUHL SHAFMAN LIEBERMAN CO., 52-62 CORNELIA STREET, NEWARK NJ 07105
Joseph K Fischer director 50 JACKSON DRIVE, CRANFORD NJ 7016
Franklyn H Snitow director 575 LEXINGTON AVE, NEW YORK NY 10017
Jeremy Wiesen director
Reuben Rapoport director, officer: Director-Product Development
David Mintz director, 10 percent owner, officer: President & Chairman 50 JACKSON DRIVE, CRANFORD NJ 07016

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