NOBH (Nobility Homes) Asset Turnover: 0.19 (As of Apr. 2026)


NOBH Nobility Homes Inc NOBH
88 GF Score
Price $30.90
GF Value $27.86
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Nobility Homes Asset Turnover?

Nobility Homes NOBH 88 Asset Turnover is 0.19 as of Apr. 2026. GuruFocus rates NOBH with a GF Score™ of 88/100 and a GF Value™ of $27.86 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Nobility Homes's Revenue for the three months ended in Apr. 2026 was $12.41 Mil. Nobility Homes's Total Assets for the quarter that ended in Apr. 2026 was $64.78 Mil. Therefore, Nobility Homes's Asset Turnover for the quarter that ended in Apr. 2026 was 0.19.

Asset Turnover is linked to ROE % through Du Pont Formula. Nobility Homes's annualized ROE % for the quarter that ended in Apr. 2026 was 12.14%. It is also linked to ROA % through Du Pont Formula. Nobility Homes's annualized ROA % for the quarter that ended in Apr. 2026 was 10.86%.

Nobility Homes  (OTCPK:NOBH) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Nobility Homes's annulized ROE % for the quarter that ended in Apr. 2026 is

ROE %**(Q: Apr. 2026 )
=Net Income/Total Stockholders Equity
=7.036/57.9755
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(7.036 / 49.644)*(49.644 / 64.783)*(64.783/ 57.9755)
=Net Margin %*Asset Turnover*Equity Multiplier
=14.17 %*0.7663*1.1174
=ROA %*Equity Multiplier
=10.86 %*1.1174
=12.14 %

Note: The Net Income data used here is four times the quarterly (Apr. 2026) net income data. The Revenue data used here is four times the quarterly (Apr. 2026) revenue 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Nobility Homes's annulized ROA % for the quarter that ended in Apr. 2026 is

ROA %(Q: Apr. 2026 )
=Net Income/Total Assets
=7.036/64.783
=(Net Income / Revenue)*(Revenue / Total Assets)
=(7.036 / 49.644)*(49.644 / 64.783)
=Net Margin %*Asset Turnover
=14.17 %*0.7663
=10.86 %

Note: The Net Income data used here is four times the quarterly (Apr. 2026) net income data. The Revenue data used here is four times the quarterly (Apr. 2026) revenue 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.

Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.

Nobility Homes Asset Turnover Related Terms

Nobility Homes Asset Turnover Historical Data

* Premium members only.

The historical data trend for Nobility Homes's Asset Turnover 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.

Nobility Homes Asset Turnover Chart

Nobility Homes Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.80 0.99 0.79 0.79

Nobility Homes Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Asset Turnover 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 0.22 0.18 0.21 0.16 0.19

NOBH vs SPHL, DREM, BDCC: Asset Turnover Comparison

For the Residential Construction subindustry, Nobility Homes's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Asset Turnover vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Nobility Homes's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Nobility Homes's Asset Turnover falls into.


NOBH
88GF Score
Nobility Homes Inc NOBH
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nobility Homes Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Nobility Homes's Asset Turnover for the fiscal year that ended in Oct. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Oct. 2025 )/( (Total Assets (A: Oct. 2024 )+Total Assets (A: Oct. 2025 ))/ count )
=52.668/( (66.599+67.145)/ 2 )
=52.668/66.872
=0.79

Nobility Homes's Asset Turnover for the quarter that ended in Apr. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Apr. 2026 )/( (Total Assets (Q: Jan. 2026 )+Total Assets (Q: Apr. 2026 ))/ count )
=12.411/( (65.947+63.619)/ 2 )
=12.411/64.783
=0.19

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.19 mean?
Nobility Homes (NOBH) has a Asset Turnover of 0.19 as of Apr. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Nobility Homes and its competitors.
Is Nobility Homes' Asset Turnover too high?
Nobility Homes' current Asset Turnover is 0.19. Overall, Nobility Homes has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nobility Homes' Asset Turnover compare to SPHL and DREM?
Nobility Homes' Asset Turnover of 0.19 can be compared against companies in the Homebuilding & Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Homebuilding & Construction company?
A good Asset Turnover depends on the Homebuilding & Construction industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Nobility Homes and its competitors. Nobility Homes's current Asset Turnover is 0.19. 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 Modestly Overvalued. The stock's GF Value™ is $27.86, compared to a current price of $30.90 — trading 10.9% above its estimated fair value. The current Asset Turnover is 0.19. Nobility Homes' overall GF Score™ is 88/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Nobility Homes (NOBH), the current Asset Turnover is 0.19 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 $30.90 is trading 10.9% above its estimated GF Value™ of $27.86. GuruFocus considers Nobility Homes to be Modestly Overvalued.

Key valuation signals for NOBH:

  • Asset Turnover: 0.19
  • GF Value™: $27.86 vs. price of $30.90 (10.9% above fair value)
  • GF Score™: 88/100 with 5 warning signs

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 Business Description

Address 3741 South West 7th Street, Ocala, FL, USA, 34474
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.
88GF Score

Get the complete analysis for NOBH

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

$30.90
Price
$27.86
GF Value