Stocktoria
TANDY LEATHER FACTORY INC TLF
TANDY LEATHER FACTORY INC (TLF) earns a Piotroski F-score of 5/9 (mixed financial health), with an Altman Z″ in the safe zone. It pays a dividend (safety: at-risk). FY2025 revenue was $76.3M at a 11.9% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -1.36 — elevated (above the −1.78 line — aggressive-accounting signals worth a closer look) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 5/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · safe zone
| Component | Value |
|---|---|
| Working capital / assets | 0.471 |
| Retained earnings / assets | 0.702 |
| EBIT / assets | -0.011 |
| Equity / liabilities | 1.545 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| TLF | TANDY LEATHER FACTORY INC | 5/9 | 6.93 | 2.1 | +2.6% |
| VRA | Vera Bradley, Inc. | 3/9 | 4.78 | — | -15.4% |
| CPRI | Capri Holdings Ltd | 8/9 | 4.95 | 16.2 | -4.1% |
| TPR | TAPESTRY, INC. | 7/9 | 0.66 | 161 | +5.1% |
| VFS | VinFast Auto Ltd. | 4/9 | -13.01 | — | +57.9% |
| TM | TOYOTA MOTOR CORP/ | 7/9 | 2.55 | — | -1% |
| HMC | HONDA MOTOR CO LTD | 6/9 | 2.79 | — | +19.9% |
About TANDY LEATHER FACTORY INC
Tandy Leather Factory, Inc., together with its subsidiaries, retails leather and leathercraft-related items in the United States, Canada, and Spain. It offers leather, hand tools, hardware, kits, liquids, teaching materials, open workbenches, machines, and other supplies. The company manufactures leather laces, cut leather pieces, do-it-yourself kits, thread laces, belt strips and straps, and Craftaid tooling template through its stores and website, as well as direct account representative. In addition, it offers production services, including cutting, splitting, and assembly services to commercial and business customers. The company sells its products to retail customers, including hobbyists, schools, camps, other businesses, as well as military and first responders under the Tandy Leather, Eco-Flo, Craftool, CraftoolPro, Dr. Jackson's, and TandyPro brand names. The company was formerly known as The Leather Factory, Inc. and changed its name to Tandy Leather Factory, Inc. in 2005. Tandy Leather Factory, Inc. was founded in 1919 and is headquartered in Benbrook, Texas.
FAQ
Is TLF financially healthy?
TANDY LEATHER FACTORY INC's Piotroski F-score is 5/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the safe zone.
Does TLF pay a dividend, and is it safe?
Yes. TANDY LEATHER FACTORY INC pays a dividend with a 140.0% payout ratio, rated “at-risk” for safety.
How profitable is TLF?
In FY2025, TANDY LEATHER FACTORY INC had a net margin of 11.9% and a return on equity of 17.3%.
Is TLF overvalued or undervalued?
TANDY LEATHER FACTORY INC trades at about 2.3× trailing earnings — below its 10-year norm (10-year range 2.6×–54.1×, median 12.1×). Stocktoria reports the data, not buy/sell advice.
Is TLF a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on TANDY LEATHER FACTORY INC: a Piotroski F-score of 5/9, an Altman Z″ in the safe zone, a P/E of about 2.1×. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.