Noble Roman's AI Stock Analysis
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Noble Roman's (NROM) AI Stock Analysis
Noble Roman's
(Other OTC:NROM)
The score of 60 reflects a company with a solid operational turnaround and reasonable valuation, offset by significant financial risks. The primary strength is the recovery to profitability and efficient cash generation. The most significant risk is the declining revenue trend combined with a highly leveraged balance sheet, which makes the company vulnerable to any earnings downturn. Positive technical momentum provides some near-term support.
Noble Roman's (NROM) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $14.31M
- Dividend Yield
- ―
- Average Volume (3M)
- 27.36K
- Price to Earnings (P/E)
- 17.4
- Beta (1Y)
- -0.25
- Revenue Growth
- 3.94%
- EPS Growth
- -45.10%
- Country
- US
- Employees
- 152
- Sector
- Consumer Cyclical
- Sector Strength
- 61
- Industry
- Restaurants
Noble Roman's Business Overview & Revenue Model
Company Description
Noble Roman's, Inc. specializes in establishing and supporting foodservice operations across a spectrum of formats, encompassing both traditional independent restaurants and various non-traditional settings. The company expands its reach through a co...
How the Company Makes Money
Noble Roman's primarily makes money by monetizing its brands through franchising and licensing rather than relying mainly on company-owned restaurant sales. Key revenue streams include: (1) Royalties and ongoing franchise/licensing fees: Franchisees...
Noble Roman's Earnings Call Summary
The call highlighted significant growth in revenue, net income, and margins, along with a successful expansion of franchise units. However, challenges such as a drop in consumer sentiment, commodity price fluctuations, and refinancing uncertainties posed concerns.
Q3-2025 Updates
Positive Updates
Negative Updates
Company Guidance
During the call, Noble Roman's provided a detailed overview of their financial performance metrics for the third quarter of fiscal year 2025. The company reported a net income before taxes of $578,918, a significant increase from $193,314 in the same period of 2024. Total revenue rose by 6.8% compared to the previous year, with same-store sales in the Craft Pizza & Pub segment up by 4.2%. Margins at these locations increased from 7.9% to 12.8%. The convenience store program saw a 14.8% rise in margin contribution, reaching approximately $1.1 million, with the margin rate for this segment climbing to 73.4% from 65.2% the previous year. The adjusted EBITDA for the trailing twelve months increased from over $3 million at the end of 2024 to approximately $3,825,000 at the end of Q3 2025. The company also discussed plans to open about 27 new units in Q4 and highlighted ongoing refinancing efforts, with current terms secured until June 2026. Despite challenges with consumer sentiment and external factors like the government shutdown, the company has maintained a value-oriented strategy and plans to introduce new products to enhance margins.
Noble Roman's Financial Statement Overview
Summary
Mixed financials: Strong profitability recovery and cash conversion are positives, but negative revenue growth (-2.1% TTM) and a highly leveraged balance sheet (Debt/Equity 2.48) with a thin equity base present significant risks.
Income Statement
65PositiveBalance Sheet
45NeutralCash Flow
58Neutral| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 16.30M | 16.46M | 15.15M | 14.37M | 14.45M | 13.88M |
| Gross Profit | 5.41M | 5.21M | 4.65M | 5.54M | 3.05M | 4.38M |
| EBITDA | 3.07M | 4.09M | 1.98M | 3.58M | 1.37M | 3.07M |
| Net Income | 817.29K | 1.17M | -3,174 | 1.46M | -1.31M | 509.46K |
Balance Sheet | ||||||
| Total Assets | 15.06M | 15.89M | 16.77M | 18.48M | 18.34M | 19.38M |
| Cash, Cash Equivalents and Short-Term Investments | 1.02M | 533.67K | 710.23K | 872.34K | 785.52K | 1.26M |
| Total Debt | 9.00M | 9.56M | 11.57M | 12.89M | 14.86M | 14.72M |
| Total Liabilities | 11.15M | 12.46M | 14.55M | 16.29M | 17.63M | 16.48M |
| Stockholders Equity | 3.91M | 3.43M | 2.22M | 2.19M | 710.21K | 2.89M |
Cash Flow | ||||||
| Free Cash Flow | 1.47M | 1.10M | 808.66K | 1.57M | -477.99K | 69.15K |
| Operating Cash Flow | 1.61M | 1.24M | 896.97K | 1.57M | 29.58K | 1.52M |
| Investing Cash Flow | -136.81K | -144.20K | -88.30K | 13.82K | -507.57K | -1.45M |
| Financing Cash Flow | -1.17M | -1.28M | -887.41K | -1.50M | 0 | 1.39B |
Noble Roman's Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NROM, the sentiment is Positive. The current price of 0.63 is above the 20-day moving average (MA) of 0.60, above the 50-day MA of 0.59, and above the 200-day MA of 0.48, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 57.78 is Neutral, neither overbought nor oversold. The STOCH value of 48.90 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NROM.
Noble Roman's Risk Analysis
Noble Roman's disclosed 14 risk factors in its most recent earnings report. Noble Roman's reported the most risks in the "Finance & Corporate" category.
Latest Risks Added
0 New RisksNoble Roman's Peers Comparison
Overall Rating
RAVE74Outperform
GTIM65Neutral- NROM60Neutral
BTBD40Underperform
ARKR38Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| RAVE | 74Outperform | $29.65M | 10.04 | 17.21% | ― | 6.70% | 3.98% |
| GTIM | 65Neutral | $13.41M | 6.02 | 6.62% | ― | -5.81% | 78.41% |
| Sector * | 61Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
| NROM | 60Neutral | $14.31M | 17.36 | 22.04% | ― | 3.94% | -45.10% |
| BTBD | 40Underperform | $9.04M | -5.61 | -26.70% | ― | -8.89% | -76.13% |
| ARKR | 38Underperform | $16.68M | -5.13 | -9.79% | ― | -9.48% | 77.31% |
* Consumer Cyclical Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| NROM | Noble Roman's | 0.63 | 0.44 | 231.58% | |
| ARKR | Ark Restaurants Corp. | 4.63 | -2.39 | -34.12% | |
| GTIM | Good Times Restaurants | 1.27 | -0.01 | -0.78% | |
| RAVE | Rave Restaurant Group | 2.08 | -0.89 | -29.97% | |
| BTBD | Bt Brands Inc | 1.51 | 0.01 | 1.00% |
Noble Roman's Corporate Events
Noble Roman’s Shareholders Reinforce Board and Auditor Oversight
PositiveNoble Roman’s, Inc. held its 2026 Annual Meeting of Shareholders on September 15, 2026, with 52.44% of outstanding common shares represented, establishing a quorum for corporate actions. Shareholder participation underscored ongoing engagement with t...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Nov 13, 2026