Nobility Financial Statements From 2010 to 2024
| NOBHDelisted Stock | USD 34.98 0.00 0.00% |
Check Nobility Homes financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nobility main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Nobility financial statements analysis is a perfect complement when working with Nobility Homes Valuation or Volatility modules.
Nobility |
Nobility Homes OTC Stock Return On Equity Analysis
Nobility Homes' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Nobility Homes Return On Equity | 0.15 |
Most of Nobility Homes' fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nobility Homes is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
CompetitionBased on the latest financial disclosure, Nobility Homes has a Return On Equity of 0.1488. This is 95.87% lower than that of the Household Durables sector and 97.36% lower than that of the Consumer Discretionary industry. The return on equity for all United States stocks is 148.0% lower than that of the firm.
Nobility Homes Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nobility Homes's current stock value. Our valuation model uses many indicators to compare Nobility Homes value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nobility Homes competition to find correlations between indicators driving Nobility Homes's intrinsic value. More Info.Nobility Homes is regarded fifth in return on equity category among related companies. It is regarded fifth in return on asset category among related companies reporting about 0.55 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Nobility Homes is roughly 1.82 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Nobility Homes by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nobility Homes' OTC Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nobility Homes' earnings, one of the primary drivers of an investment's value.About Nobility Homes Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Nobility Homes income statement, its balance sheet, and the statement of cash flows. Nobility Homes investors use historical funamental indicators, such as Nobility Homes's revenue or net income, to determine how well the company is positioned to perform in the future. Although Nobility Homes investors may use each financial statement separately, they are all related. The changes in Nobility Homes's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Nobility Homes's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Nobility Homes Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Nobility Homes. Please read more on our technical analysis and fundamental analysis pages.
Nobility Homes, Inc. designs, manufactures, and sells various manufactured and modular homes in Florida. The company was incorporated in 1967 and is headquartered in Ocala, Florida. Nobility Homes operates under Residential Construction classification in the United States and is traded on OTC Exchange. It employs 131 people.
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be tightly coupled 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Other Consideration for investing in Nobility OTC Stock
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.
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