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Tootsie Roll IndustriesTR -0.68%78 Altman Z-Score is 6.97 as of Jul. 14, 2026, which is 2% below its 10-year median of 7.14. GuruFocus rates TR with a GF Score™ of 78/100 and a GF Value™ of $31.55 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,932 Consumer Packaged Goods companies, Tootsie Roll Industries ranks better than 84.99% on this metric.
The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.
Good Sign:
Altman Z-score of 7.01 is strong.
Tootsie Roll Industries has a Altman Z-Score of 6.97, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.
The zones of discrimination were as such:
When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.
The historical rank and industry rank for Tootsie Roll Industries's Altman Z-Score or its related term are showing as below:
TR'
s Altman Z-Score Range Over the Past 10 Years
Min: 5.76 Med: 7.14 Max: 9.58
Current: 7.01
During the past 13 years, Tootsie Roll Industries's highest Altman Z-Score was 9.58. The lowest was 5.76. And the median was 7.14.
Tootsie Roll Industries (NYSE:TR) Altman Z-Score Explanation
X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.
X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.
X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.
X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.
X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.
* 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.
For the Confectioners subindustry, Tootsie Roll Industries's Altman Z-Score, along with its competitors' market caps and Altman Z-Score 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 Altman Z-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Tootsie Roll Industries's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Tootsie Roll Industries's Altman Z-Score falls into.
Tootsie Roll Industries Altman Z-Score Calculation
Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
* 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. GuruFocus does not calculate Altman Z-Score when X4 or X5 value is 0.
Tootsie Roll Industries (TR) has a Altman Z-Score of 6.97 as of Jul. 14, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Tootsie Roll Industries and its competitors. This is near median its historical median of 7.14. Over the past decade, Tootsie Roll Industries' Altman Z-Score has ranged from 5.76 to 9.58. According to the industry distribution chart, Tootsie Roll Industries ranks #290 out of 1932 companies in the Consumer Packaged Goods industry, placing it in the top 15%.
Is Tootsie Roll Industries' Altman Z-Score too high?
Tootsie Roll Industries' current Altman Z-Score of 6.97 is near median its 10-year median of 7.14. Over the past 10 years, this metric has ranged from a low of 5.76 to a high of 9.58. The Consumer Packaged Goods industry median Altman Z-Score is 2.85. Tootsie Roll Industries' value of 6.97 is 144.6% above this industry median. Based on the distribution chart, Tootsie Roll Industries ranks #290 out of 1932 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Tootsie Roll Industries has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tootsie Roll Industries' Altman Z-Score compare to SOWG and RMCF?
According to the Consumer Packaged Goods industry distribution chart, Tootsie Roll Industries ranks #290 out of 1932 companies for Altman Z-Score. This places Tootsie Roll Industries in the top 15% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.85. Tootsie Roll Industries' value of 6.97 is 144.6% above this benchmark. Historically, Tootsie Roll Industries' own Altman Z-Score has ranged from 5.76 to 9.58 over the past decade. While the company's 10-year median is 7.14 vs. the industry median of 2.85, 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 Altman Z-Score for a Consumer Packaged Goods company?
The median Altman Z-Score among Consumer Packaged Goods companies is 2.85, based on 1,932 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tootsie Roll Industries's current Altman Z-Score of 6.97 is 144.6% 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 Altman Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Tootsie Roll Industries and its competitors. For the Consumer Packaged Goods industry, the median Altman Z-Score is 2.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tootsie Roll Industries's current Altman Z-Score is 6.97, which is near median its own 10-year median of 7.14. 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?
Based on GuruFocus' analysis, Tootsie Roll Industries (TR) is currently considered Modestly Overvalued. The stock's GF Value™ is $31.55, compared to a current price of $37.76 — trading 19.7% above its estimated fair value. The current Altman Z-Score is 6.97, which is near median its 10-year median of 7.14 and 144.6% above the Consumer Packaged Goods industry median of 2.85. 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 Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Tootsie Roll Industries (TR), the current Altman Z-Score is 6.97 as of Jul. 14, 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 (TR) Overvalued in 2026?
Based on GuruFocus' analysis, Tootsie Roll Industries stock appears to be overvalued.
The current stock price of $37.76 is trading 19.7% above its estimated GF Value™ of $31.55.
GuruFocus considers Tootsie Roll Industries to be Modestly Overvalued.
Key valuation signals for TR:
Altman Z-Score: 6.97 (near median its 10-year median of 7.14)
GF Value™: $31.55 vs. price of $37.76 (19.7% above fair value)
Industry Position: 144.6% above the Consumer Packaged Goods median (#290 of 1932)
No single metric tells the full story. See the TR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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
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