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Nobility HomesNOBH -6.28%83 ROC (Joel Greenblatt) % is 30.81% as of Apr. 2026, which is 49% below its 10-year median of 60.20. GuruFocus rates NOBH with a GF Score™ of 83/100 and a GF Value™ of $27.89 (Fairly Valued). The stock has 5 warning signs investors should review. Among 96 Homebuilding & Construction companies, Nobility Homes ranks better than 82.29% on this metric.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Nobility Homes's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 30.81%.
The historical rank and industry rank for Nobility Homes's ROC (Joel Greenblatt) % or its related term are showing as below:
NOBH'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 33.4 Med: 60.2 Max: 95.08
Current: 33.4
During the past 13 years, Nobility Homes's highest ROC (Joel Greenblatt) % was 95.08%. The lowest was 33.40%. And the median was 60.20%.
NOBH's ROC (Joel Greenblatt) % is ranked better than 82.29% of 96
companies
in the Homebuilding & Construction industry
Industry Median: 11.055
vs NOBH: 33.40
Nobility Homes's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -13.60% per year.
Nobility Homes (OTCPK:NOBH) ROC (Joel Greenblatt) % Explanation
The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.
Nobility Homes ROC (Joel Greenblatt) % Related Terms
Nobility Homes ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Nobility Homes's ROC (Joel Greenblatt) % 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.
NOBH vs SPHL, DREM, BDCC: ROC (Joel Greenblatt) % Comparison
For the Residential Construction subindustry, Nobility Homes's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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.
Nobility Homes ROC (Joel Greenblatt) % vs Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, Nobility Homes's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Nobility Homes's ROC (Joel Greenblatt) % falls into.
Nobility Homes ROC (Joel Greenblatt) % Calculation
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:
EBIT stands for Earnings Before Interest and Taxes.
Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.
GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.
Note:
The EBIT data used here is four times the quarterly (Apr. 2026) EBIT data.
* 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.
What does a ROC (Joel Greenblatt) % of 30.81% mean?
Nobility Homes (NOBH) has a ROC (Joel Greenblatt) % of 30.81% as of Apr. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Nobility Homes and its competitors. This is 49% below median its historical median of 60.20. Over the past decade, Nobility Homes' ROC (Joel Greenblatt) % has ranged from 33.40 to 95.08. According to the industry distribution chart, Nobility Homes ranks #17 out of 96 companies in the Homebuilding & Construction industry, placing it in the top 17.7%.
Is Nobility Homes' ROC (Joel Greenblatt) % too high?
Nobility Homes' current ROC (Joel Greenblatt) % of 30.81% is 49% below median its 10-year median of 60.20. Over the past 10 years, this metric has ranged from a low of 33.40 to a high of 95.08. The Homebuilding & Construction industry median ROC (Joel Greenblatt) % is 11.06. Nobility Homes' value of 30.81% is 178.7% above this industry median. Based on the distribution chart, Nobility Homes ranks #17 out of 96 companies in the Homebuilding & Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Nobility Homes has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nobility Homes' ROC (Joel Greenblatt) % compare to SPHL and DREM?
According to the Homebuilding & Construction industry distribution chart, Nobility Homes ranks #17 out of 96 companies for ROC (Joel Greenblatt) %. This places Nobility Homes in the top 18% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.06. Nobility Homes' value of 30.81% is 178.7% above this benchmark. Historically, Nobility Homes' own ROC (Joel Greenblatt) % has ranged from 33.40 to 95.08 over the past decade. While the company's 10-year median is 60.20 vs. the industry median of 11.06, Nobility Homes has consistently been above 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 ROC (Joel Greenblatt) % for a Homebuilding & Construction company?
The median ROC (Joel Greenblatt) % among Homebuilding & Construction companies is 11.06, based on 96 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nobility Homes's current ROC (Joel Greenblatt) % of 30.81% is 178.7% above 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 ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Nobility Homes and its competitors. For the Homebuilding & Construction industry, the median ROC (Joel Greenblatt) % is 11.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nobility Homes's current ROC (Joel Greenblatt) % is 30.81%, which is 49% below median its own 10-year median of 60.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nobility Homes stock overvalued right now?
Based on GuruFocus' analysis, Nobility Homes (NOBH) is currently considered Fairly Valued. The stock's GF Value™ is $27.89, compared to a current price of $29.99 — trading 7.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 30.81%, which is 49% below median its 10-year median of 60.20 and 178.7% above the Homebuilding & Construction industry median of 11.06. Nobility Homes' overall GF Score™ is 83/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Nobility Homes (NOBH), the current ROC (Joel Greenblatt) % is 30.81% as of Apr. 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 Nobility Homes (NOBH) Overvalued in 2026?
Based on GuruFocus' analysis, Nobility Homes stock appears to be overvalued.
The current stock price of $29.99 is trading 7.5% above its estimated GF Value™ of $27.89.
GuruFocus considers Nobility Homes to be Fairly Valued.
Key valuation signals for NOBH:
ROC (Joel Greenblatt) %: 30.81% (49% below median its 10-year median of 60.20)
GF Value™: $27.89 vs. price of $29.99 (7.5% above fair value)
Industry Position: 178.7% above the Homebuilding & Construction median (#17 of 96)
No single metric tells the full story. See the NOBH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
83GF Score
Get the complete analysis for NOBH
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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