Nobility Homes Valuation

Nobility Homes Investor Information

About 67.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.87. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Nobility Homes last dividend was issued on the 18th of March 2022. The entity had 11:10 split on the 13th of January 1999. Based on the key indicators related to Nobility Homes' liquidity, profitability, solvency, and operating efficiency, Nobility Homes is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April.

Nobility Homes Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Nobility Homes has an asset utilization ratio of 82.62 percent. This signifies that the OTC Stock is making $0.83 for each dollar of assets. An increasing asset utilization means that Nobility Homes is more efficient with each dollar of assets it utilizes for everyday operations.

Nobility Homes Ownership Allocation

The market capitalization of Nobility Homes is $80.06 Million. Nobility Homes secures majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 66.91 % of Nobility Homes outstanding shares that are owned by insiders conveys that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.

Nobility Homes Profitability Analysis

The company reported the previous year's revenue of 51.52 M. Net Income was 7.23 M with profit before overhead, payroll, taxes, and interest of 14.9 M.

Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines.

Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Nobility Homes information on this page should be used as a complementary analysis to other Nobility Homes' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

If you are still planning to invest in Nobility Homes check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nobility Homes' history and understand the potential risks before investing.