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Nobility Homes (NOBH)
OTHER OTC:NOBH
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Nobility Homes (NOBH) AI Stock Analysis

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Nobility Homes

(OTC:NOBH)

Rating:72Outperform
Price Target:
Nobility Homes receives a solid score due to its strong financial performance, characterized by no debt and healthy margins, despite slight revenue and cash flow declines. Attractive valuation metrics, including a low P/E ratio and a strong dividend yield, further support the stock's appeal. Technical indicators suggest a stable outlook with potential for upward momentum.

Nobility Homes (NOBH) vs. SPDR S&P 500 ETF (SPY)

Nobility Homes Business Overview & Revenue Model

Company DescriptionNobility Homes, Inc. (NOBH) is a leading manufacturer of manufactured and modular homes. Established in 1967 and headquartered in Ocala, Florida, the company operates within the housing sector, focusing on the design, production, and sale of a wide range of high-quality, affordable homes. Nobility Homes serves a diverse customer base, primarily across the southeastern United States, providing housing solutions that cater to varying lifestyle needs and budgets.
How the Company Makes MoneyNobility Homes generates revenue primarily through the manufacturing and sale of their manufactured and modular homes. The company's production processes are designed to efficiently create high-quality homes that meet stringent building standards and customer expectations. Sales are driven through a network of retail centers and independent dealers, allowing Nobility Homes to reach a broad customer base. Additionally, they may offer financing options to buyers, which can provide an additional revenue stream. The company benefits from strategic partnerships with suppliers to maintain cost-effectiveness in their production processes, as well as relationships with financial institutions to facilitate customer purchases. Key factors contributing to Nobility Homes' earnings include the overall demand for affordable housing, economic conditions in the regions they serve, and their ability to innovate and adapt to market trends.

Nobility Homes Financial Statement Overview

Summary
Nobility Homes demonstrates solid profitability and financial stability with a strong balance sheet, supported by no debt. While revenue and cash flow have seen slight declines, the company maintains healthy margins and shareholder returns. Continued focus on revenue growth and cash flow improvement will further strengthen its financial position.
Income Statement
72
Positive
Nobility Homes shows strong profitability with a consistent gross profit margin of approximately 33.7% TTM. However, revenue has decreased by 4.87% TTM compared to the previous year. The net profit margin remains healthy at 16.7% TTM, although slightly lower than the previous year. The company maintains solid EBIT and EBITDA margins, indicating efficient operations.
Balance Sheet
80
Positive
The balance sheet is robust with no total debt, resulting in a strong equity ratio of 87.0%. Return on equity stands at 14.1% TTM, showing good shareholder returns. The high stockholders' equity supports financial stability, although the equity ratio has slightly decreased from the previous year.
Cash Flow
65
Positive
Operating cash flow is positive at $6.7 million TTM, yet it shows a decline from the previous year. Free cash flow is strong at $6.5 million, but has decreased slightly from the previous year. The company has a healthy free cash flow to net income ratio, indicating efficient cash conversion.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue51.93M63.32M51.52M45.06M41.61M
Gross Profit17.42M21.49M14.90M11.43M12.13M
EBITDA9.75M13.55M8.60M7.05M7.36M
Net Income8.61M10.90M7.23M5.40M5.98M
Balance Sheet
Total Assets66.60M65.70M62.36M66.18M59.83M
Cash, Cash Equivalents and Short-Term Investments27.22M24.61M21.15M38.84M35.27M
Total Debt0.000.000.001.60K802.71K
Total Liabilities10.00M12.99M14.44M16.87M8.88M
Stockholders Equity56.60M52.72M47.92M49.31M50.94M
Cash Flow
Free Cash Flow6.87M9.59M-9.08M11.46M6.60M
Operating Cash Flow7.05M10.12M-7.83M13.35M6.91M
Investing Cash Flow-2.50M-6.67M-2.91M365.94K5.33M
Financing Cash Flow-4.90M-6.22M-8.73M-7.90M-4.47M

Nobility Homes Technical Analysis

Technical Analysis Sentiment
Negative
Last Price27.10
Price Trends
50DMA
28.64
Negative
100DMA
29.16
Negative
200DMA
29.63
Negative
Market Momentum
MACD
-0.27
Positive
RSI
31.03
Neutral
STOCH
4.76
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NOBH, the sentiment is Negative. The current price of 27.1 is below the 20-day moving average (MA) of 28.34, below the 50-day MA of 28.64, and below the 200-day MA of 29.63, indicating a bearish trend. The MACD of -0.27 indicates Positive momentum. The RSI at 31.03 is Neutral, neither overbought nor oversold. The STOCH value of 4.76 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for NOBH.

Nobility Homes Peers Comparison

Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
UHUHG
78
Outperform
$219.76M5.6297.48%5.24%-89.62%
77
Outperform
$3.40B20.2716.30%4.09%3.14%
SKSKY
73
Outperform
$3.68B18.8013.38%22.65%34.77%
72
Outperform
$88.59M10.4215.61%4.84%-18.90%-17.88%
BZBZH
71
Outperform
$705.46M7.527.97%13.50%-40.36%
69
Neutral
$529.87M9.5311.90%-1.62%7.51%
62
Neutral
$16.95B10.84-7.26%3.63%1.71%-25.14%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
NOBH
Nobility Homes
27.10
-4.89
-15.29%
BZH
Beazer Homes
23.28
-8.97
-27.81%
CVCO
Cavco Industries
420.73
17.25
4.28%
SKY
Champion Homes
64.23
-13.56
-17.43%
LEGH
Legacy Housing
21.97
-4.74
-17.75%
UHG
United Homes Group
3.75
-2.51
-40.10%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Apr 30, 2025