TANDY LEATHER FACTORY INC (TLF) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does TANDY LEATHER FACTORY INC Do?
Tandy Leather Factory, Inc., together with its subsidiaries, operates as a retailer of leather and leathercraft-related items in North America and Spain. It offers leather, hand tools, hardware, kits, liquids, teaching materials, open workbenches, machinery, and related accessories and supplies. The company also manufactures leather laces, cut leather pieces, do-it-yourself kits, thread laces, belt strips and straps, and Craftaids. In addition, it offers production services, including cutting, splitting, and assembly services to business customers. The company sells its products under the Tandy Leather, Eco-Flo, Craftool, CraftoolPro, Dr. Jackson's, and TandyPro brand names through company-owned stores; and orders generated from its websites, such as tandyleather.com, tandyleather.ca, tandyleather.eu, and tandyleather.com.au. It operates 106 retail stores, including 95 stores in the United States; ten stores in Canada; and one store in Spain. 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 Fort Worth, Texas. TANDY LEATHER FACTORY INC (TLF) is classified as a micro-cap stock in the Consumer Discretionary sector, specifically within the Apparel industry. The company is led by CEO Janet Carr and employs approximately 590 people, headquartered in Fort Worth, Texas. With a market capitalization of $19M, TLF is one of the notable companies in the Consumer Discretionary sector.
TANDY LEATHER FACTORY INC (TLF) Stock Rating — Reduce (April 2026)
As of April 2026, TANDY LEATHER FACTORY INC receives a Reduce rating with a composite score of 33.2/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.TLF ranks #3,733 out of 4,446 stocks in our coverage universe. Within the Consumer Discretionary sector, TANDY LEATHER FACTORY INC ranks #383 of 442 stocks, placing it in the lower half of its Consumer Discretionary peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
TLF Stock Price and 52-Week Range
TANDY LEATHER FACTORY INC (TLF) currently trades at $2.30. The stock gained $0.02 (0.9%) in the most recent trading session. The 52-week high for TLF is $3.78, which means the stock is currently trading -39.2% from its annual peak. The 52-week low is $2.27, putting the stock 1.3% above its annual trough. Recent trading volume was 1K shares, suggesting relatively thin trading activity.
Is TLF Overvalued or Undervalued? — Valuation Analysis
TANDY LEATHER FACTORY INC (TLF) carries a value factor score of 38/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The trailing price-to-earnings ratio is 1.92x, compared to the Consumer Discretionary sector average of 24.47x — a discount of 92%. The price-to-book ratio stands at 0.36x, versus the sector average of 1.99x. The price-to-sales ratio is 0.27x, compared to 0.27x for the average Consumer Discretionary stock.
At current multiples, TANDY LEATHER FACTORY INC trades at a premium to most Consumer Discretionary peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.
TANDY LEATHER FACTORY INC Profitability — ROE, Margins, and Quality Score
TANDY LEATHER FACTORY INC (TLF) earns a quality factor score of 10/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is 18.8%, compared to the Consumer Discretionary sector average of 6.2%, which is within a healthy range. Return on assets (ROA) comes in at 11.4% versus the sector average of 2.5%.
On a margin basis, TANDY LEATHER FACTORY INC reports gross margins of 58.1%, compared to 36.9% for the sector. The operating margin is -0.9% (sector: 3.8%). Net profit margin stands at 12.8%, versus 2.1% for the average Consumer Discretionary stock. Revenue growth is running at -0.1% on a trailing basis, compared to 3.3% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.
TLF Debt, Balance Sheet, and Financial Health
TANDY LEATHER FACTORY INC has a debt-to-equity ratio of 65.0%, compared to the Consumer Discretionary sector average of 89.0%. Leverage is within a manageable range for the industry, though investors should monitor debt trends over time. The current ratio is 5.16x, indicating strong short-term liquidity. Total debt on the balance sheet is $0. Cash and equivalents stand at $12M.
TLF has a beta of 0.12, meaning it is less volatile than the S&P 500, making it a relatively defensive holding. The stability factor score for TANDY LEATHER FACTORY INC is 72/100, indicating low-volatility characteristics and consistent price behavior that appeals to risk-averse investors.
TANDY LEATHER FACTORY INC Revenue and Earnings History — Quarterly Trend
In TTM 2026, TANDY LEATHER FACTORY INC reported revenue of $71M and earnings per share (EPS) of $1.11. Net income for the quarter was $10M. Gross margin was 58.1%. Operating income came in at $-617,000.
In FY 2025, TANDY LEATHER FACTORY INC reported revenue of $76M and earnings per share (EPS) of $1.11. Net income for the quarter was $9M. Gross margin was 57.0%. Revenue grew 2.6% year-over-year compared to FY 2024. Operating income came in at $-963,000.
In Q3 2025, TANDY LEATHER FACTORY INC reported revenue of $17M and earnings per share (EPS) of $-0.17. Net income for the quarter was $-1M. Gross margin was 58.9%. Revenue grew -0.5% year-over-year compared to Q3 2024. Operating income came in at $-678,000.
In Q2 2025, TANDY LEATHER FACTORY INC reported revenue of $18M and earnings per share (EPS) of $-0.02. Net income for the quarter was $-199,000. Gross margin was 59.5%. Revenue grew 2.8% year-over-year compared to Q2 2024. Operating income came in at $66,000.
Over the past 8 quarters, TANDY LEATHER FACTORY INC has demonstrated a growth trajectory, with revenue expanding from $17M to $71M. Investors analyzing TLF stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
TLF Dividend Yield and Income Analysis
TANDY LEATHER FACTORY INC (TLF) currently pays a dividend yield of 50.0%. At this yield, a $10,000 investment in TLF stock would generate approximately $$5000.00 in annual dividend income. The net margin of 12.8% provides reasonable coverage for the dividend, though investors should monitor payout sustainability.
TLF Momentum and Technical Analysis Profile
TANDY LEATHER FACTORY INC (TLF) has a momentum factor score of 29/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 34/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 68/100 reflects moderate short selling activity.
TLF vs Competitors — Consumer Discretionary Sector Ranking and Peer Comparison
Within the Consumer Discretionary sector, TANDY LEATHER FACTORY INC (TLF) ranks #383 out of 442 stocks based on the Blank Capital composite score. This places TLF in the lower half of all Consumer Discretionary stocks in our coverage universe. Key competitors and sector peers include MONARCH CASINO & RESORT INC (MCRI) with a score of 50.5/100, CASEYS GENERAL STORES INC (CASY) with a score of 57.3/100, INGLES MARKETS INC (IMKTA) with a score of 51.0/100, FIVE BELOW, INC (FIVE) with a score of 51.6/100, and TARGET CORP (TGT) with a score of 52.6/100.
Comparing TLF against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full TLF vs S&P 500 (SPY) comparison to assess how TANDY LEATHER FACTORY INC stacks up against the broader market across all factor dimensions.
TLF Next Earnings Date
No upcoming earnings date has been announced for TANDY LEATHER FACTORY INC (TLF) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy TLF? — Investment Thesis Summary
The quantitative profile for TANDY LEATHER FACTORY INC suggests caution. The quality score of 10/100 flags below-average profitability. The value score of 38/100 indicates premium valuation. Momentum is weak at 29/100, a headwind for near-term performance. Low volatility (stability score 72/100) reduces downside risk.
In summary, TANDY LEATHER FACTORY INC (TLF) earns a Reduce rating with a composite score of 33.2/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on TLF stock.
Related Resources for TLF Investors
Explore more research and tools: TLF vs S&P 500 comparison, top Consumer Discretionary stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare TLF head-to-head with peers: TLF vs MCRI, TLF vs CASY, TLF vs IMKTA.