One-glance verdict
Not enough data
Fair value unavailable
Not enough cash-flow history to value this one with our method.
Fundamentals snapshot
Tofutti Brands Inc.
TOFB · OQB · Consumer Defensive · Packaged Foods
Current price
$0.38
52-week range
$0.30 - $0.82
Market cap
$1.96M
Balance sheet
Distressed
-773.00x Concerning
Net debt $135.00K. Interest coverage shows how many times profit covers the interest bill.
What stands out
0 Rewards
1 Risk
0 rewards · 1 risks
View details ↓What this company does
Tofutti Brands Inc.
Tofutti Brands makes plant-based, dairy-free foods like vegan cream cheese, sour cream, and frozen desserts for customers around the world. The company earns money by selling its products in bulk to distributors (companies that act as middlemen to get products into grocery stores) and directly to large retail chains. This matters because Tofutti's success depends on maintaining these key relationships to get good shelf space and convincing shoppers to choose its products in the competitive dairy-free aisle.
How the company got here
Tofutti was started in the 1970s by a New York caterer named David Mintz. He wanted to create a dairy-free ice cream for his Jewish customers who follow kosher dietary laws, which often means not eating meat and dairy at the same meal. After years of experimenting with tofu, a product made from soybeans, he launched his first frozen dessert in 1981. The company went public (meaning it started selling shares of its stock to the public) in 1983 to raise money and expand its sales. Over the years, it grew by adding other dairy-free products like cream cheese and sour cream alternatives.
What it actually does
Tofutti makes and sells a variety of plant-based foods that are free of dairy. Their products are designed for people who are lactose intolerant (have trouble digesting milk products), have food allergies, or follow a vegan or kosher diet. You can find their items in the refrigerated or frozen sections of grocery and natural food stores. The company sells its products through distributors (companies that buy products to resell them to stores) and directly to large retail chains.
Plant-Based Cheese Products
This is the company's largest business area, making up the majority of its sales. It includes popular items like BETTER THAN CREAM CHEESE, which is a non-dairy alternative to regular cream cheese, and BETTER THAN SOUR CREAM. They also produce vegan cheese slices and a ricotta cheese substitute. This segment caters to shoppers looking for dairy-free options for everyday staples.
Frozen Dessert Products
This part of the business includes the original product that started the company: a dairy-free frozen dessert that looks and tastes like ice cream. A well-known product in this category is Tofutti Cuties, which are small, dairy-free ice cream sandwiches. While this was the company's foundation, it is now a smaller portion of the company's overall sales compared to the cheese products.
What management is betting on now
The company is currently focused on navigating a very competitive market for plant-based foods, where many larger companies now operate. In response to rising costs for ingredients and packaging, they have recently increased prices on their products. The company has also recently updated its packaging to more clearly label its products as 'vegan' and 'plant-based' to better appeal to modern consumers. Their strategy involves managing costs carefully while trying to maintain their position in the niche market they helped create.
Price history
How the share price has moved
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Earnings history
Last 8 quarters — what happened
Click any quarter to read the call summary and what the numbers say.
Revenue
$1.79M
Net income
$-118.00K
Diluted EPS
-0.02
Operating cash flow
$61.00K
Free cash flow
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Revenue
$1.56M
Net income
$-255.00K
Diluted EPS
-0.05
Operating cash flow
$-279.00K
Free cash flow
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Revenue
$2.25M
Net income
$-472.00K
Diluted EPS
-0.09
Operating cash flow
$-272.00K
Free cash flow
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Revenue
$1.91M
Net income
$-137.00K
Diluted EPS
-0.03
Operating cash flow
$282.00K
Free cash flow
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Revenue
$2.03M
Net income
$-7.00K
Diluted EPS
0.00
Operating cash flow
$-256.00K
Free cash flow
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Revenue
$1.59M
Net income
$-162.00K
Diluted EPS
-0.03
Operating cash flow
$148.00K
Free cash flow
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Revenue
$2.34M
Net income
$-318.00K
Diluted EPS
-0.06
Operating cash flow
$297.00K
Free cash flow
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Revenue
$1.99M
Net income
$-207.00K
Diluted EPS
-0.04
Operating cash flow
$-311.00K
Free cash flow
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Is it cheap or expensive?
Fair value — vs current price $0.38
We couldn't calculate a fair value right now.
Is it drowning in debt?
Distressed
Net debt $135,000. Interest coverage -773.0x.
Net debt
$135.00K
Interest coverage
-773.00x
Tofutti Brands Inc.'s profit covers its interest bill about 0.0 times over. which is weaker than most peers shown here and 4 peers sit below 1x, which is the danger zone where profit does not fully cover the interest bill.
Distressed
Worse cushion
Baseline
Better cushion
TOFB
BASELINE
Tofutti Brands Inc.
Total debt $256.00K Interest coverage -773.00x This is the baseline the peer rows are being compared against.
Total debt $549.06M Interest coverage -0.99x Neither company has much profit cushion over interest right now.
Total debt $407.81M Interest coverage -16.63x Neither company has much profit cushion over interest right now.
Total debt $602.25M Interest coverage 1.09x This peer still has a real interest-payment cushion, while TOFB does not.
Total debt $3.76M Interest coverage -70.10x Neither company has much profit cushion over interest right now.
Total debt $1.63M Interest coverage -4.82x Neither company has much profit cushion over interest right now.
What you should know
The case for and against TOFB
0 Rewards
1 Risk
Rewards
Risks
-
Return on equity was -42.2% last year — the company lost money on shareholders' equity.
The numbers
All the key metrics, grouped by purpose
Tap any ? icon to learn what it means.
Valuation
How expensive the stock looks
P/E (TTM)
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Forward P/E
—
P/B
1.07x
P/S
0.26x
EV/EBITDA
-2.17x
PEG ratio
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Profitability
How much profit each dollar creates
Gross margin
23.5%
Operating margin
-7.0%
Net margin
-13.1%
ROE
-42.2%
ROA
-19.1%
Health
Liquidity and balance-sheet strength
Debt / equity
0.14x
Current ratio
3.37x
Quick ratio
1.06x
Total debt
$256.00K
Total cash
$121.00K
Growth
How the business has been compounding
Revenue TTM
$7.50M
Revenue 5Y CAGR
-13.4%
EPS TTM
-0.19
EPS 5Y CAGR
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Cash flow
How much cash the business throws off
Operating CF TTM
$-208.00K
Free CF TTM
$-98.00K
FCF margin
-1.3%
Dividend
Shareholder payout
Yield
—
Payout ratio
0.0%
Last ex-div date
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