Tandy Leather Factory, Inc. (TLF)

Tandy Leather Factory, Inc. (TLF) — VMCI valuation read

Tandy Leather Factory, Inc. sits at VMCI 63/100, with the Consumer Cyclical sector median at 50. That 13-point spread is the first thing to note on TLF: it tells the reader the composite is favorable before any single ratio is examined, and the mid-cap tier sets the comparison set.

Form 4 disclosures on TLF are blank for the trailing 30 days. With the insider channel offline, the EV/EBITDA delta, free-cash-flow trajectory, and the next earnings print do the talking.

**Investor frame.** The Value read on TLF: TLF trades at 20.0x earnings, 11% above the Consumer Cyclical median of 18.0x, with EV/EBITDA at 13.0x against 12.0x. The Quality read: ROIC of 16.0% sits 6.0pp above the Consumer Cyclical median (10.0%). The Risk read: net debt to EBITDA of 2.0x is the rate-sensitivity line to watch, anchoring the bear scenario on a measurable balance-sheet metric.

TLF rose 4.0% over the trailing 7 days, with a -3.8% read on a 30-day basis.