NROM (Noble Roman's) EV-to-FCF: 14.28 (As of Aug. 23, 2026) — Near Median

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NROM Noble Roman's Inc NROM
31 GF Score
Price $0.65
GF Value $0.35
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

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

Noble Roman's NROM +6.56% 31 EV-to-FCF is 14.28 as of Aug. 23, 2026, which is 0% below its 10-year median of 14.35. GuruFocus rates NROM with a GF Score™ of 31/100 and a GF Value™ of $0.35 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 272 Restaurants companies, Noble Roman's ranks better than 59.19% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Noble Roman's's Enterprise Value is $23.11 Mil. Noble Roman's's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was $1.62 Mil. Therefore, Noble Roman's's EV-to-FCF for today is 14.28.

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

NROM' s EV-to-FCF Range Over the Past 10 Years
Min: -98.65   Med: 14.35   Max: 330.29
Current: 14.28

During the past 13 years, the highest EV-to-FCF of Noble Roman's was 330.29. The lowest was -98.65. And the median was 14.35.

NROM's EV-to-FCF is ranked better than
59.19% of 272 companies
in the Restaurants industry
Industry Median: 18.135 vs NROM: 14.28

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

As of today (2026-08-23), Noble Roman's's stock price is $0.65. 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 13.00.


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

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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)
=0.65/0.050
=13.00

Noble Roman's's share price for today is $0.65.
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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Noble Roman's EV-to-FCF Related Terms


Noble Roman's EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Noble Roman's's EV-to-FCF 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-FCF Chart

Noble Roman's Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 329.64 -41.88 12.29 25.61 15.26

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-FCF 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 17.83 12.11 15.26 12.74 14.15

NROM vs GTIM, MHGU, PETZ: EV-to-FCF Comparison

For the Restaurants subindustry, Noble Roman's's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Restaurants Industry

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

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


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

Noble Roman's EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=23.107/1.618
=14.28

Noble Roman's's current Enterprise Value is $23.11 Mil.
Noble Roman's's Free Cash Flow 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 $1.62 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-FCF →
What does a EV-to-FCF of 14.28 mean?
Noble Roman's (NROM) has a EV-to-FCF of 14.28 as of Aug. 23, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Noble Roman's and its competitors. This is near median its historical median of 14.35. According to the industry distribution chart, Noble Roman's ranks #111 out of 272 companies in the Restaurants industry, placing it in the top 40.8%.
Is Noble Roman's' EV-to-FCF too high?
Noble Roman's' current EV-to-FCF of 14.28 is near median its 10-year median of 14.35. The Restaurants industry median EV-to-FCF is 18.14. Noble Roman's' value of 14.28 is 21.3% below this industry median. Based on the distribution chart, Noble Roman's ranks #111 out of 272 companies in the Restaurants industry, which is above the industry midpoint. 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-FCF compare to GTIM and MHGU?
According to the Restaurants industry distribution chart, Noble Roman's ranks #111 out of 272 companies for EV-to-FCF. This puts Noble Roman's in the upper half of its industry. The industry median EV-to-FCF is 18.14. Noble Roman's' value of 14.28 is 21.3% below this benchmark. While the company's 10-year median is 14.35 vs. the industry median of 18.14, 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-FCF for a Restaurants company?
The median EV-to-FCF among Restaurants companies is 18.14, based on 272 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Noble Roman's's current EV-to-FCF of 14.28 is 21.3% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Noble Roman's and its competitors. For the Restaurants industry, the median EV-to-FCF is 18.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Noble Roman's's current EV-to-FCF is 14.28, which is near median its own 10-year median of 14.35. 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 $0.65 — trading 85.7% above its estimated fair value. The current EV-to-FCF is 14.28, which is near median its 10-year median of 14.35 and 21.3% below the Restaurants industry median of 18.14. 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 EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Noble Roman's (NROM), the current EV-to-FCF is 14.28 as of Aug. 23, 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 $0.65 is trading 85.7% above its estimated GF Value™ of $0.35. GuruFocus considers Noble Roman's to be Significantly Overvalued.

Key valuation signals for NROM:

  • EV-to-FCF: 14.28 (near median its 10-year median of 14.35)
  • GF Value™: $0.35 vs. price of $0.65 (85.7% above fair value)
  • GF Score™: 31/100 with 6 warning signs
  • Industry Position: 21.3% below the Restaurants median (#111 of 272)

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

$0.65
Price
$0.35
GF Value