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Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Noble Roman's's Enterprise Value is $22.33 Mil.
Noble Roman's's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $2.98 Mil. Therefore, Noble Roman's's EV-to-EBIT ratio for today is 7.51.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Noble Roman's's Enterprise Value is $22.33 Mil.
Noble Roman's's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $4.27 Mil. Therefore, Noble Roman's's EV-to-EBITDA ratio for today is 5.24.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Noble Roman's's Enterprise Value is $22.33 Mil.
Noble Roman's's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $16.61 Mil. Therefore, Noble Roman's's EV-to-Revenue ratio for today is 1.34.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Noble Roman's's Enterprise Value is $22.33 Mil.
Noble Roman's's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $1.28 Mil. Therefore, Noble Roman's's EV-to-FCF ratio for today is 17.50.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Noble Roman's (OTCPK:NROM) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Noble Roman's's current Enterprise Value is $22.33 Mil.
Noble Roman's's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.98 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Noble Roman's's current Enterprise Value is $22.33 Mil.
Noble Roman's's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.27 Mil.
Noble Roman's's current Enterprise Value is $22.33 Mil.
Noble Roman's's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $16.61 Mil.
Noble Roman's's current Enterprise Value is $22.33 Mil.
Noble Roman's's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.44 Mil.
Noble Roman's's current Enterprise Value is $22.33 Mil.
Noble Roman's's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.28 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.
Noble Roman's Enterprise Value Related Terms
Noble Roman's Enterprise Value Historical Data
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The historical data trend for Noble Roman's's Enterprise Value 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.
NROM vs GTIM, MHGU, PETZ: Enterprise Value Comparison
For the Restaurants subindustry, Noble Roman's's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Noble Roman's's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Noble Roman's's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Noble Roman's's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (NROM) has a Enterprise Value of $22.33 Mil as of Aug. 01, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Noble Roman's and its competitors.
Is Noble Roman's' Enterprise Value too high?
Noble Roman's' current Enterprise Value is $22.33 Mil. 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' Enterprise Value compare to GTIM and MHGU?
Noble Roman's' Enterprise Value of $22.33 Mil can be compared against companies in the Restaurants industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Restaurants company?
A good Enterprise Value depends on the Restaurants industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Noble Roman's and its competitors. Noble Roman's's current Enterprise Value is $22.33 Mil. 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 $0.32, compared to a current price of $0.62 — trading 94.2% above its estimated fair value. The current Enterprise Value is $22.33 Mil. Noble Roman's' overall GF Score™ is 31/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Noble Roman's (NROM), the current Enterprise Value is $22.33 Mil as of Aug. 01, 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 $0.62 is trading 94.2% above its estimated GF Value™ of $0.32.
GuruFocus considers Noble Roman's to be Significantly Overvalued.
Key valuation signals for NROM:
Enterprise Value: $22.33 Mil
GF Value™: $0.32 vs. price of $0.62 (94.2% above fair value)
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 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
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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