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NOBH (Nobility Homes) Earnings Yield % : 8.46% (As of Apr. 22, 2025)


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What is Nobility Homes Earnings Yield %?

The earnings yield is an indication of how much return shareholders' investment in the company earned over the past 12 months. The higher the earnings yield is, the better.

As of today (2025-04-22), the stock price of Nobility Homes is $29.80. Nobility Homes's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jan. 2025 was $2.52. Therefore, Nobility Homes's earnings yield of today is 8.46%.

The earnings yield does not consider the growth of the business. A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Nobility Homes's Forward Rate of Return (Yacktman) % for the quarter that ended in Jan. 2025 was 19.93%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


Nobility Homes Earnings Yield % Calculation

Earnings yield is the reciprocal of the P/E Ratio.

Nobility Homes's Earnings Yield for today is calculated as

Earnings Yield=Earnings per Share (Diluted) (TTM)/Share Price
=2.520/29.80
=8.46 %

Nobility Homes's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jan. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.520 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

Earnings Yield=Net Income /Market Cap

The earnings in the calculation is the Trailing Twelve Months earnings.


Nobility Homes  (OTCPK:NOBH) Earnings Yield % Explanation

If the P/E ratio is an indication of how many years it takes for the company to earn back the stock price shareholders pay to buy the shares, the earnings yield is an indication of how much return shareholders' investment in the company earned over the past 12 months. The higher the earnings yield is, the better.

If a company loses money, the earnings yield is negative. This gives a more straightforward indication that the company is losing money. This is an advantage of using earnings yield instead of the P/E ratio in valuation. For valuation purposes, the P/B Ratio and the P/S Ratio should be used for companies that are losing money.

Like the P/E ratio, the earnings yield can be used to compare investments in different industries. It can even be used to compare the attractiveness of different asset classes such as bonds and cash. Of course, the earnings yield should not be the only factor in deciding which asset classes to invest.

Also similar to the P/E ratio, the earnings yield does not consider the growth of the business. A growing company with the same earnings yield should be more attractive than a company that has the same earnings yield but does not grow.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %.

Be Aware

Just like the P/E Ratio, non-recurring items such as selling part of the business, selling a previous investment, etc., can affect earnings yield dramatically. The earning yield is also a poor indication for cyclical companies. When a cyclical stock has a high earnings yield it is usually at the peak of its cycle.


Nobility Homes Earnings Yield % Related Terms

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Nobility Homes Business Description

Traded in Other Exchanges
N/A
Address
3741 South West 7th Street, Ocala, FL, USA, 34474
Nobility Homes Inc focuses on designing, manufacturing, and selling manufactured and modular homes through its own retail sales centers across Florida. It also sells its manufactured homes on a wholesale basis to independent manufactured home retail dealers and manufactured home communities. The company's homes are sold as unfurnished dwellings ready for permanent occupancy. The company recognizes revenue from retail sales of new manufactured homes, the sale of the repurchased homes upon transfer of title to the new purchaser, and revenues from its independent dealers.
Executives
Terry Earl Trexler director, 10 percent owner, officer: President and CEO P O BOX 240, JACKSONVILLE FL 32201
Terry E. Trexler Revocable Trust 10 percent owner 3741 S.W. 7TH STREET, OCALA FL 34474
Thomas W Trexler director, officer: Executive Vice President
Terry E. Trexler Irrevocable Trust 10 percent owner 222 SOUTH PENNSYLVANIA AVE., SUITE 200, WINTER PARK FL 32789
Kay Charlton 10 percent owner 222 SOUTH PENNSYLVANIA AVE., SUITE 200, WINTER PARK FL 32789
Lynn J Cramer officer: Treasurer (Chief Acctg. Off.)
Jean Etheredge officer: Secretary
Edward C Sims officer: Vice President