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

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NOBH

Nobility Homes

(OTC:NOBH)

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Outperform 72 (OpenAI - 4o)
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. designs, manufactures, and sells various manufactured and modular homes in Florida. The company markets its homes under the Kingswood, Richwood, Tropic Isle, Regency Manor, and Tropic Manor trade names. It sells its manufactured homes through a network of its own retail sales centers; and on a wholesale basis to independent manufactured home retail dealers and manufactured home communities. In addition, the company offers retail insurance services, which involve placing various types of insurance, such as property and casualty, automobile, and extended home warranty coverage with insurance underwriters on behalf of its customers in connection with their purchase and financing of manufactured homes, as well as operates as a licensed mortgage loan originator. As of November 6, 2021, it operated 10 retail sales centers in Ocala, Chiefland, Auburndale, Inverness, Hudson, Tavares, Yulee, Panama City, and Punta Gorda. The company was incorporated in 1967 and is headquartered in Ocala, Florida.
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.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue50.85M51.93M63.32M51.52M45.06M41.61M
Gross Profit16.37M17.42M21.49M14.90M11.43M12.13M
EBITDA9.40M9.75M13.55M8.60M7.05M7.36M
Net Income8.16M8.61M10.90M7.23M5.40M5.98M
Balance Sheet
Total Assets65.65M66.60M65.70M62.36M66.18M59.83M
Cash, Cash Equivalents and Short-Term Investments14.93M27.22M24.61M21.15M38.84M35.27M
Total Debt0.000.000.000.001.60K802.71K
Total Liabilities6.92M10.00M12.99M14.44M16.87M8.88M
Stockholders Equity58.72M56.60M52.72M47.92M49.31M50.94M
Cash Flow
Free Cash Flow4.17M6.87M9.59M-9.08M11.46M6.60M
Operating Cash Flow4.36M7.05M10.12M-7.83M13.35M6.91M
Investing Cash Flow1.04M-2.50M-6.67M-2.91M365.94K5.33M
Financing Cash Flow-4.09M-4.90M-6.22M-8.73M-7.90M-4.47M

Nobility Homes Technical Analysis

Technical Analysis Sentiment
Positive
Last Price30.00
Price Trends
50DMA
27.68
Positive
100DMA
28.11
Positive
200DMA
28.74
Positive
Market Momentum
MACD
0.58
Negative
RSI
70.89
Negative
STOCH
15.57
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NOBH, the sentiment is Positive. The current price of 30 is above the 20-day moving average (MA) of 28.56, above the 50-day MA of 27.68, and above the 200-day MA of 28.74, indicating a bullish trend. The MACD of 0.58 indicates Negative momentum. The RSI at 70.89 is Negative, neither overbought nor oversold. The STOCH value of 15.57 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NOBH.

Nobility Homes Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
77
Outperform
$4.65B25.4517.68%16.66%34.61%
72
Outperform
$654.48M12.1910.78%8.79%2.30%
72
Outperform
$96.44M11.8514.41%4.38%-7.23%-7.97%
71
Outperform
$4.40B20.7313.87%16.87%54.47%
56
Neutral
$741.06M11.315.56%9.97%-52.57%
50
Neutral
$241.09M66.566.29%7.51%-97.77%
61
Neutral
$18.38B12.79-2.54%3.03%1.52%-15.83%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
NOBH
Nobility Homes
30.00
-5.28
-14.97%
BZH
Beazer Homes
24.93
-7.93
-24.13%
CVCO
Cavco Industries
587.11
157.59
36.69%
SKY
Champion Homes
77.88
-17.18
-18.07%
LEGH
Legacy Housing
27.42
0.85
3.20%
UHG
United Homes Group
4.10
-2.02
-33.01%
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