NROM (Noble Roman's) EV-to-EBITDA: 5.44 (As of Sep. 07, 2026) — 24% Below Median

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NROM Noble Roman's Inc NROM
31 GF Score
Price $0.60
GF Value $0.35
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Noble Roman's EV-to-EBITDA?

Noble Roman's NROM 31 EV-to-EBITDA is 5.44 as of Sep. 07, 2026, which is 24% below its 10-year median of 7.20. GuruFocus rates NROM with a GF Score™ of 31/100 and a GF Value™ of $0.35 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 313 Restaurants companies, Noble Roman's ranks better than 75.72% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Noble Roman's's enterprise value is $21.97 Mil. Noble Roman's's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $4.04 Mil. Therefore, Noble Roman's's EV-to-EBITDA for today is 5.44.

The historical rank and industry rank for Noble Roman's's EV-to-EBITDA or its related term are showing as below:

NROM' s EV-to-EBITDA Range Over the Past 10 Years
Min: -37.94   Med: 7.2   Max: 35.51
Current: 5.44

During the past 13 years, the highest EV-to-EBITDA of Noble Roman's was 35.51. The lowest was -37.94. And the median was 7.20.

NROM's EV-to-EBITDA is ranked better than
75.72% of 313 companies
in the Restaurants industry
Industry Median: 10.08 vs NROM: 5.44

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-09-07), Noble Roman's's stock price is $0.60. Noble Roman's's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $0.050. Therefore, Noble Roman's's PE Ratio (TTM) for today is 12.00.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Noble Roman's  (OTCPK:NROM) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Noble Roman's's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.60/0.050
=12.00

Noble Roman's's share price for today is $0.60.
Noble Roman's's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.050.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Noble Roman's EV-to-EBITDA Related Terms


Noble Roman's EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Noble Roman's's EV-to-EBITDA can be seen below:

* 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.

Noble Roman's EV-to-EBITDA Chart

Noble Roman's Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.40 22.80 5.38 6.76 4.06

Noble Roman's Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.36 3.34 4.06 3.92 5.67

NROM vs GTIM, HWH, MHGU: EV-to-EBITDA Comparison

For the Restaurants subindustry, Noble Roman's's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Noble Roman's EV-to-EBITDA vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Noble Roman's's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Noble Roman's's EV-to-EBITDA falls into.


NROM
31GF Score
Noble Roman's Inc NROM
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Noble Roman's EV-to-EBITDA Calculation

Noble Roman's's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=21.971/4.036
=5.44

Noble Roman's's current Enterprise Value is $21.97 Mil.
Noble Roman's's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.04 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 5.44 mean?
Noble Roman's (NROM) has a EV-to-EBITDA of 5.44 as of Sep. 07, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Noble Roman's. This is 24% below median its historical median of 7.20. According to the industry distribution chart, Noble Roman's ranks #76 out of 313 companies in the Restaurants industry, placing it in the top 24.3%.
Is Noble Roman's' EV-to-EBITDA too high?
Noble Roman's' current EV-to-EBITDA of 5.44 is 24% below median its 10-year median of 7.20. The Restaurants industry median EV-to-EBITDA is 10.08. Noble Roman's' value of 5.44 is 46% below this industry median. Based on the distribution chart, Noble Roman's ranks #76 out of 313 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. Overall, Noble Roman's has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Noble Roman's' EV-to-EBITDA compare to GTIM and HWH?
According to the Restaurants industry distribution chart, Noble Roman's ranks #76 out of 313 companies for EV-to-EBITDA. This places Noble Roman's in the top 24% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 10.08. Noble Roman's' value of 5.44 is 46% below this benchmark. While the company's 10-year median is 7.20 vs. the industry median of 10.08, Noble Roman's has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Restaurants company?
The median EV-to-EBITDA among Restaurants companies is 10.08, based on 313 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Noble Roman's's current EV-to-EBITDA of 5.44 is 46% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Noble Roman's. For the Restaurants industry, the median EV-to-EBITDA is 10.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Noble Roman's's current EV-to-EBITDA is 5.44, which is 24% below median its own 10-year median of 7.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noble Roman's stock overvalued right now?
Based on GuruFocus' analysis, Noble Roman's (NROM) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.35, compared to a current price of $0.60 — trading 71.4% above its estimated fair value. The current EV-to-EBITDA is 5.44, which is 24% below median its 10-year median of 7.20 and 46% below the Restaurants industry median of 10.08. Noble Roman's' overall GF Score™ is 31/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Noble Roman's (NROM), the current EV-to-EBITDA is 5.44 as of Sep. 07, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Noble Roman's (NROM) Overvalued in 2026?

Based on GuruFocus' analysis, Noble Roman's stock appears to be overvalued. The current stock price of $0.60 is trading 71.4% above its estimated GF Value™ of $0.35. GuruFocus considers Noble Roman's to be Significantly Overvalued.

Key valuation signals for NROM:

  • EV-to-EBITDA: 5.44 (24% below median its 10-year median of 7.20)
  • GF Value™: $0.35 vs. price of $0.60 (71.4% above fair value)
  • GF Score™: 31/100 with 3 warning signs
  • Industry Position: 46% below the Restaurants median (#76 of 313)

No single metric tells the full story. See the NROM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Noble Roman's Business Description

Address 6612 E. 75th Street, Suite 450, Indianapolis, IN, USA, 46250
Noble Roman's Inc is a restaurant operator. It sells and services franchises and licenses and operates Company-owned stand-alone restaurants and non-traditional foodservice operations under the trade names Noble Roman's Craft Pizza & Pub, Noble Roman's Pizza, Noble Roman's Take-N-Bake, and Tuscano's Italian Style Subs. The Company has two reportable operating segments: Franchising - Consists of franchise royalties, franchise fee revenue, manufacturer and distributor allowances, equipment commissions, and related support activities; and Company-Owned Restaurants - Consists of the operations of Company-owned Craft Pizza & Pub locations and Company-operated non-traditional restaurant locations.
31GF Score

Get the complete analysis for NROM

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.60
Price
$0.35
GF Value