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Noble Roman'sNROM -3.40%31 Market Cap is $13.80 Mil as of Aug. 01, 2026. GuruFocus rates NROM with a GF Score™ of 31/100 and a GF Value™ of $0.32 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 367 Restaurants companies, Noble Roman's ranks worse than 81.74% on this metric.
Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Noble Roman's's share price for the quarter that ended in Mar. 2026 was $0.3475. Noble Roman's's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 22.22 Mil. Therefore, Noble Roman's's market cap for the quarter that ended in Mar. 2026 was $7.72 Mil.
Noble Roman's's quarterly market cap
increased
from Sep. 2025 ($4.00 Mil) to Dec. 2025 ($7.78 Mil) but then
declined
from Dec. 2025 ($7.78 Mil) to Mar. 2026 ($7.72 Mil).
Noble Roman's's annual market cap
increased
from Dec. 2023 ($7.28 Mil) to Dec. 2024 ($7.73 Mil) and
increased
from Dec. 2024 ($7.73 Mil) to Dec. 2025 ($7.78 Mil).
Enterprise Value is 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 and cash equivalents. Noble Roman's's Enterprise Value for Today is $22.33 Mil.
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Noble Roman's Market Cap Related Terms
Noble Roman's Market Cap Historical Data
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The historical data trend for Noble Roman's's Market Cap 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.
For the Restaurants subindustry, Noble Roman's's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Noble Roman's's Market Cap distribution charts can be found below:
* The bar in red indicates where Noble Roman's's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Noble Roman's's Market Cap 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 Market Cap of $13.80 Mil as of Aug. 01, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Noble Roman's and its competitors. According to the industry distribution chart, Noble Roman's ranks #300 out of 367 companies in the Restaurants industry, placing it in the top 81.7%.
Is Noble Roman's' Market Cap too high?
Noble Roman's' current Market Cap is $13.80 Mil. The Restaurants industry median Market Cap is 88.88. Noble Roman's' value of $13.80 Mil is 84.5% below this industry median. Based on the distribution chart, Noble Roman's ranks #300 out of 367 companies in the Restaurants industry, which is in the bottom quartile 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' Market Cap compare to GTIM and MHGU?
According to the Restaurants industry distribution chart, Noble Roman's ranks #300 out of 367 companies for Market Cap. This places Noble Roman's in the lower half of its industry. The industry median Market Cap is 88.88. Noble Roman's' value of $13.80 Mil is 84.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Restaurants company?
The median Market Cap among Restaurants companies is 88.88, based on 367 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Noble Roman's's current Market Cap of $13.80 Mil is 84.5% 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Noble Roman's and its competitors. For the Restaurants industry, the median Market Cap is 88.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Noble Roman's's current Market Cap is $13.80 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 Market Cap is $13.80 Mil and 84.5% below the Restaurants industry median of 88.88. 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 Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Noble Roman's (NROM), the current Market Cap is $13.80 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:
Market Cap: $13.80 Mil
GF Value™: $0.32 vs. price of $0.62 (94.2% above fair value)
Industry Position: 84.5% below the Restaurants median (#300 of 367)
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
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