Noble Roman's, Inc. (NROM)
Consumer · OQB
Price as at 30 Sept 2026, 21:53 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
Noble Roman's, Inc. trades at $0.57, which is 158% below the $1.47 our fair value estimate puts on the business. On that measure alone it screens as undervalued, though a valuation model is an argument rather than a measurement, and the market is frequently right about why something is cheap.
Our moat model scores it 40 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 16.8 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
About Noble Roman's, Inc.
Noble Roman's, Inc., together with its subsidiaries, sells and services franchises in the United States. It also licenses and operates company-owned stand-alone restaurants and non-traditional foodservice operations under the Noble Roman's Craft Pizza & Pub, Noble Roman's Pizza, Noble Roman's Take-N-Bake, and Tuscano's Italian Style Subs brand names. The company was incorporated in 1972 and is headquartered in Indianapolis, Indiana.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
NROM passes 1 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
NROM peers
The largest companies in the same industry (Restaurants), then in the same sector.
- MCD McDonald's Corporation
- QSR Restaurant Brands International Inc.
- RSTRF Restaurant Brands International Limited Partnership
- BROS Dutch Bros Inc.
- LKNCY Luckin Coffee Inc.
- CAVA CAVA Group, Inc.
- EAT Brinker International, Inc.
- CAKE The Cheesecake Factory Incorporated
Every consumer company we cover is on the Consumer hub.
Common questions
Is Noble Roman's, Inc. (NROM) undervalued?
Against our fair value estimate of $1.47, NROM at $0.57 is 158% below fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
What is NROM's P/E ratio?
NROM trades at 16.8 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Where does SteadyShares get its NROM data?
Fundamentals for NROM come from company filings and exchange data, as listed on OQB; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 30 Sept 2026, 21:53 UTC and is delayed. Our data quality score for this company is 96/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for NROM, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.