Nobility Homes
Nobility Homes, Inc. designs, manufactures, and sells of various manufactured and modular homes through Kingswood, Richwood, Tropic Isle, Regency Manor, and Tropic Manor trade names in Florida. It offers retail insurance services, which involve placing various types of insurance, including property and casualty, automobile, and extended home warranty coverage with insurance underwriters on behalf… Read more
Nobility Homes (NOBH) - Net Assets
Latest net assets as of August 2025: $60.71 Million USD
Based on the latest financial reports, Nobility Homes (NOBH) has net assets worth $60.71 Million USD as of August 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($67.15 Million) and total liabilities ($6.43 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $60.71 Million |
| % of Total Assets | 90.42% |
| Annual Growth Rate | 5.86% |
| 5-Year Change | 26.69% |
| 10-Year Change | 19.19% |
| Growth Volatility | 16.12 |
Nobility Homes - Net Assets Trend (1985–2025)
This chart illustrates how Nobility Homes's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Nobility Homes (1985–2025)
The table below shows the annual net assets of Nobility Homes from 1985 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-11-30 | $60.71 Million | +7.28% |
| 2024-11-30 | $56.60 Million | +7.36% |
| 2023-11-30 | $52.72 Million | 0.00% |
| 2023-10-31 | $52.72 Million | +10.00% |
| 2022-11-30 | $47.92 Million | 0.00% |
| 2022-10-31 | $47.92 Million | -2.82% |
| 2021-11-30 | $49.31 Million | 0.00% |
| 2021-10-31 | $49.31 Million | -3.19% |
| 2020-11-30 | $50.94 Million | 0.00% |
| 2020-10-31 | $50.94 Million | +2.98% |
| 2019-10-31 | $49.47 Million | +0.81% |
| 2018-10-31 | $49.07 Million | +3.48% |
| 2017-10-31 | $47.41 Million | +6.47% |
| 2016-10-31 | $44.53 Million | +13.91% |
| 2015-10-31 | $39.10 Million | +6.97% |
| 2014-10-31 | $36.55 Million | +6.59% |
| 2013-10-31 | $34.29 Million | +0.36% |
| 2012-10-31 | $34.17 Million | -15.97% |
| 2011-10-31 | $40.66 Million | +0.00% |
| 2010-10-31 | $40.66 Million | -1.47% |
| 2009-10-31 | $41.27 Million | -4.90% |
| 2008-10-31 | $43.40 Million | -1.21% |
| 2007-10-31 | $43.92 Million | +5.38% |
| 2006-10-31 | $41.68 Million | +12.45% |
| 2005-10-31 | $37.07 Million | +18.15% |
| 2004-10-31 | $31.37 Million | +16.99% |
| 2003-10-31 | $26.82 Million | +12.77% |
| 2002-10-31 | $23.78 Million | +9.46% |
| 2001-10-31 | $21.72 Million | +3.32% |
| 2000-10-31 | $21.02 Million | +3.06% |
| 1999-10-31 | $20.40 Million | +9.09% |
| 1998-10-31 | $18.70 Million | +22.22% |
| 1997-10-31 | $15.30 Million | +24.39% |
| 1996-10-31 | $12.30 Million | +29.47% |
| 1995-10-31 | $9.50 Million | +46.15% |
| 1994-10-31 | $6.50 Million | +41.30% |
| 1993-10-31 | $4.60 Million | +48.39% |
| 1992-10-31 | $3.10 Million | +6.90% |
| 1991-10-31 | $2.90 Million | -32.56% |
| 1990-10-31 | $4.30 Million | +13.16% |
| 1989-10-31 | $3.80 Million | +18.75% |
| 1988-10-31 | $3.20 Million | -33.33% |
| 1987-10-31 | $4.80 Million | -2.04% |
| 1986-10-31 | $4.90 Million | -20.97% |
| 1985-10-31 | $6.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nobility Homes's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1363.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (November 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $79.04 Million | 130.18% |
| Total Equity | $60.71 Million | 100.00% |
Nobility Homes Competitors by Market Cap
The table below lists competitors of Nobility Homes ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Escar Turizm Tasimacilik Ticaret AS
IS:ESCAR
|
$33.04 Million |
|
FibroGen Inc
NASDAQ:FGEN
|
$33.04 Million |
|
Vow ASA
PINK:SSHPF
|
$33.04 Million |
|
ATM Grupa S.A.
WAR:ATG
|
$33.05 Million |
|
Sypris Solutions Inc
NASDAQ:SYPR
|
$33.03 Million |
|
GiantStep Co. Ltd.
KQ:289220
|
$33.02 Million |
|
Transart Graphics Co Ltd
TW:8481
|
$33.02 Million |
|
Orion Energy Systems Inc
NASDAQ:OESX
|
$33.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nobility Homes's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 56,596,523 to 60,714,843, a change of 4,118,320 (7.3%).
- Net income of 8,446,383 contributed positively to equity growth.
- Dividend payments of 4,086,247 reduced retained earnings.
- Share repurchases of 420,124 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $8.45 Million | +13.91% |
| Dividends Paid | $4.09 Million | -6.73% |
| Share Repurchases | $420.12K | -0.69% |
| Other Changes | $178.31K | +0.29% |
| Total Change | $- | 7.28% |
Book Value vs Market Value Analysis
This analysis compares Nobility Homes's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.61x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 29.03x to 1.61x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-10-31 | $1.03 | $30.00 | x |
| 1986-10-31 | $0.90 | $30.00 | x |
| 1987-10-31 | $0.89 | $30.00 | x |
| 1988-10-31 | $0.67 | $30.00 | x |
| 1989-10-31 | $0.68 | $30.00 | x |
| 1990-10-31 | $0.95 | $30.00 | x |
| 1991-10-31 | $0.70 | $30.00 | x |
| 1992-10-31 | $0.78 | $30.00 | x |
| 1993-10-31 | $1.09 | $30.00 | x |
| 1994-10-31 | $1.48 | $30.00 | x |
| 1995-10-31 | $2.23 | $30.00 | x |
| 1996-10-31 | $2.77 | $30.00 | x |
| 1997-10-31 | $3.47 | $30.00 | x |
| 1998-10-31 | $3.75 | $30.00 | x |
| 1999-10-31 | $4.23 | $30.00 | x |
| 2000-10-31 | $4.56 | $30.00 | x |
| 2001-10-31 | $5.07 | $30.00 | x |
| 2002-10-31 | $5.76 | $30.00 | x |
| 2003-10-31 | $6.67 | $30.00 | x |
| 2004-10-31 | $7.62 | $30.00 | x |
| 2005-10-31 | $8.96 | $30.00 | x |
| 2006-10-31 | $10.24 | $30.00 | x |
| 2007-10-31 | $10.73 | $30.00 | x |
| 2008-10-31 | $10.61 | $30.00 | x |
| 2009-10-31 | $10.15 | $30.00 | x |
| 2011-10-31 | $10.02 | $30.00 | x |
| 2012-10-31 | $8.42 | $30.00 | x |
| 2013-10-31 | $8.45 | $30.00 | x |
| 2014-10-31 | $9.00 | $30.00 | x |
| 2015-10-31 | $9.65 | $30.00 | x |
| 2016-10-31 | $11.07 | $30.00 | x |
| 2017-10-31 | $11.84 | $30.00 | x |
| 2018-10-31 | $12.54 | $30.00 | x |
| 2019-10-31 | $13.00 | $30.00 | x |
| 2020-10-31 | $14.00 | $30.00 | x |
| 2020-11-30 | $14.03 | $30.00 | x |
| 2021-10-31 | $13.67 | $30.00 | x |
| 2021-11-30 | $13.96 | $30.00 | x |
| 2022-10-31 | $13.91 | $30.00 | x |
| 2022-11-30 | $14.22 | $30.00 | x |
| 2023-10-31 | $16.13 | $30.00 | x |
| 2023-11-30 | $16.13 | $30.00 | x |
| 2024-11-30 | $17.31 | $30.00 | x |
| 2025-11-30 | $18.66 | $30.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nobility Homes utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.91%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.04%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 1.11x
- Recent ROE (13.91%) is above the historical average (8.23%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | -19.35% | -6.86% | 2.11x | 1.34x | $-1.82 Million |
| 1986 | -24.49% | -6.49% | 2.50x | 1.51x | $-1.69 Million |
| 1987 | 2.08% | 0.56% | 2.51x | 1.48x | $-380.00K |
| 1988 | -37.50% | -11.01% | 2.10x | 1.63x | $-1.52 Million |
| 1989 | 13.16% | 4.24% | 2.31x | 1.34x | $120.00K |
| 1990 | 11.63% | 4.59% | 1.65x | 1.53x | $70.00K |
| 1991 | -48.28% | -14.43% | 1.80x | 1.86x | $-1.69 Million |
| 1992 | 6.45% | 2.06% | 1.94x | 1.61x | $-110.00K |
| 1993 | 34.78% | 9.30% | 2.10x | 1.78x | $1.14 Million |
| 1994 | 27.69% | 7.79% | 2.03x | 1.75x | $1.15 Million |
| 1995 | 30.53% | 9.42% | 2.39x | 1.36x | $1.95 Million |
| 1996 | 19.51% | 6.58% | 2.45x | 1.21x | $1.17 Million |
| 1997 | 19.61% | 7.19% | 2.21x | 1.24x | $1.47 Million |
| 1998 | 20.86% | 8.71% | 1.96x | 1.22x | $2.03 Million |
| 1999 | 13.73% | 6.95% | 1.74x | 1.13x | $760.00K |
| 2000 | 10.79% | 7.67% | 1.24x | 1.13x | $165.61K |
| 2001 | 11.41% | 8.18% | 1.18x | 1.18x | $305.54K |
| 2002 | 13.18% | 8.27% | 1.38x | 1.16x | $757.01K |
| 2003 | 11.48% | 7.85% | 1.20x | 1.22x | $396.85K |
| 2004 | 14.77% | 9.26% | 1.25x | 1.27x | $1.50 Million |
| 2005 | 16.65% | 10.88% | 1.26x | 1.22x | $2.47 Million |
| 2006 | 15.52% | 10.79% | 1.27x | 1.13x | $2.30 Million |
| 2007 | 9.29% | 10.05% | 0.86x | 1.08x | $-310.84K |
| 2008 | 4.20% | 6.06% | 0.67x | 1.04x | $-2.52 Million |
| 2009 | -2.55% | -8.86% | 0.28x | 1.02x | $-5.18 Million |
| 2011 | -1.96% | -5.35% | 0.36x | 1.03x | $-4.86 Million |
| 2012 | -16.13% | -41.04% | 0.37x | 1.05x | $-8.93 Million |
| 2013 | 0.15% | 0.31% | 0.44x | 1.04x | $-3.38 Million |
| 2014 | 3.44% | 5.95% | 0.54x | 1.07x | $-2.40 Million |
| 2015 | 7.46% | 10.47% | 0.66x | 1.09x | $-994.18K |
| 2016 | 13.10% | 17.13% | 0.67x | 1.14x | $1.38 Million |
| 2017 | 6.98% | 8.82% | 0.69x | 1.14x | $-1.43 Million |
| 2018 | 10.12% | 11.59% | 0.75x | 1.16x | $56.98K |
| 2019 | 17.81% | 18.61% | 0.81x | 1.18x | $3.86 Million |
| 2020 | 11.75% | 14.38% | 0.70x | 1.17x | $889.57K |
| 2020 | 11.75% | 14.38% | 0.70x | 1.17x | $889.57K |
| 2021 | 10.95% | 11.98% | 0.68x | 1.34x | $467.38K |
| 2021 | 10.95% | 11.98% | 0.68x | 1.34x | $467.38K |
| 2022 | 15.09% | 14.04% | 0.83x | 1.30x | $2.44 Million |
| 2022 | 15.09% | 14.04% | 0.83x | 1.30x | $2.44 Million |
| 2023 | 20.67% | 17.21% | 0.96x | 1.25x | $5.63 Million |
| 2023 | 20.67% | 17.21% | 0.96x | 1.25x | $5.63 Million |
| 2024 | 15.22% | 16.58% | 0.78x | 1.18x | $2.95 Million |
| 2025 | 13.91% | 16.04% | 0.78x | 1.11x | $2.37 Million |
Industry Comparison
This section compares Nobility Homes's net assets metrics with peer companies in the Residential Construction industry.
Industry Context
- Industry: Residential Construction
- Average net assets among peers: $2,241,860,400
- Average return on equity (ROE) among peers: -1.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nobility Homes (NOBH) | $60.71 Million | -19.35% | 0.11x | $33.03 Million |
| Auscrete Corp (ASCK) | $-17.40K | 0.00% | 0.00x | $6.25K |
| BDCC (BDCC) | $977.67K | -17.59% | 0.06x | $875.45K |
| Barratt Developments PLC (BTDPY) | $269.50 Million | 18.07% | 1.18x | $7.57 Billion |
| Vistry Group PLC (BVHMF) | $710.82 Million | 1.97% | 0.31x | $1.54 Billion |
| BVHMY (BVHMY) | $3.32 Billion | 6.48% | 0.83x | $1.44 Billion |
| Beazer Homes USA Inc (BZH) | $262.25 Million | -55.42% | 6.56x | $561.31 Million |
| Calgro M3 Holdings Limited (CLMHF) | $1.43 Billion | 11.51% | 1.28x | $27.19 Million |
| Cairn Homes plc (CNHHY) | $778.78 Million | 5.55% | 0.30x | $1.56 Billion |
| Consorcio ARA S. A. B. de C. V. (CNRFF) | $15.56 Billion | 4.41% | 0.56x | $85.90 Million |
| Cavco Industries Inc (CVCO) | $85.70 Million | 8.05% | 0.66x | $3.88 Billion |