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Company

NOBILITY HOMES INC

Ticker
NOBH
Sector
Industry
Report date
September 15, 2026
Valye AI Score

92

Very high visibility
Recent developments
Recent developments summary

Recent news coverage relevant to Nobility Homes is limited, with the most pertinent item being a 13% sales drop reported in 2025. Broader market news includes sector-wide concerns such as AI slowdown fears affecting chipmakers and commodity price movements, which are not directly related to Nobility Homes' core business.

Recent developments:
  • Nobility Homes reported a 13% decline in sales in 2025, indicating some challenges in maintaining sales volume [N25].
  • The company declared a $1.00 dividend in 2023, reflecting a history of returning value to shareholders [N26].
Overview

Nobility Homes Inc is a company incorporated in Florida, United States, engaged in the manufactured housing industry. It sells manufactured homes directly to consumers and through intermediaries. The company had approximately 3.15 million shares outstanding as of September 2026 and trades on the OTCQX market under the ticker NOBH. As of August 1, 2026, the company reported total assets of $65.38 million and stockholders' equity of $58.42 million. The company reported net sales of $12.14 million and net income of $1.90 million for the third quarter of 2026, with earnings per share of $0.60. Liquidity is strong, with a current ratio of 7.44 and cash ratio of 2.01, supported by $13.42 million in cash and cash equivalents. The company has declared dividends in the past, including a $1.00 dividend in 2023. Recent news indicates a 13% sales drop in 2025, suggesting some fluctuations in sales performance.

Executive summary

Financial figures (if any) are summarized from the latest available SEC filings and are provided for informational purposes only — not financial advice. Nobility Homes Inc is a Florida-based company trading OTCQX under ticker NOBH. The company reported net sales of $12.14 million and net income of $1.90 million for Q3 2026, with strong liquidity ratios including a current ratio of 7.44 and cash ratio of 2.01 as of August 1, 2026. The business operates in the manufactured housing sector, selling homes directly and through intermediaries. Recent news includes a 13% sales decline reported in 2025, indicating some sales volatility.

Scenarios for NOBH

Bull case model:

The company demonstrates solid financial health with strong liquidity ratios and positive net income in recent quarters. Its diversified sales channels and history of dividend payments indicate operational stability and shareholder returns. The company's ability to maintain profitability and manage costs in a competitive manufactured housing market supports a positive business outlook.

Bear case model:

Sales volatility, as evidenced by a 13% sales decline reported in 2025, highlights potential challenges in demand or market conditions. The manufactured housing industry is subject to economic fluctuations, regulatory changes, and supply chain risks. These factors could impact revenue consistency and profitability. The company's reliance on both direct and intermediary sales channels may expose it to channel-specific risks.

Moat:

Nobility Homes operates in the manufactured housing sector, which can have barriers related to regulatory compliance, supply chain management, and customer financing. The company's direct-to-consumer and intermediary sales channels provide diversified market access. Its strong liquidity position and retained earnings support operational stability. However, the manufactured housing market is competitive and sensitive to economic cycles, which may limit the company's moat.

Risks overview
Risks summary
The primary risk for Nobility Homes is market demand volatility in the manufactured housing sector, which can impact sales and profitability.
Risks details:

• Market Demand Volatility: The company experienced a 13% sales drop in 2025, indicating sensitivity to market demand fluctuations in the manufactured housing sector.
• Economic and Regulatory Risks: Manufactured housing is sensitive to economic cycles and regulatory changes, which could affect sales and operational costs.
• Supply Chain and Channel Risks: Dependence on both direct and intermediary sales channels may expose the company to supply chain disruptions and channel-specific risks.

FINAL FORECAST FOR NOBH

Final take one line
Nobility Homes exhibits very high visibility with detailed recent SEC financial disclosures and a clear business model in manufactured housing, though sales volatility presents a key risk.
Final take 12 to 24 month view

Business trends: The company operates in the manufactured housing sector with recent sales volatility and a history of dividend payments.
Execution milestones: Maintaining strong liquidity and profitability as reported in Q3 2026 SEC filings.
Key risks: Market demand fluctuations, economic and regulatory sensitivity, and supply chain/channel risks.

Valye AI Visibility Research Score

Very high visibility

Visibility score reflects the breadth and consistency of available disclosure across SEC filings, recent public reporting, and baseline business context (research-only; not investment advice).

92
LLM visibility overview
LLM Visibility known facts
  • Nobility Homes Inc is a company incorporated in Florida, United States, trading on OTCQX under ticker NOBH [S2].
  • As of August 1, 2026, the company had total assets of approximately $65.38 million and total liabilities of about $6.96 million, resulting in stockholders' equity of approximately $58.42 million [S2].
  • The company had 3,153,665 common shares outstanding as of September 15, 2026 [S2].
  • For the three months ended August 1, 2026, Nobility Homes reported net sales of $12.14 million and net income of $1.90 million, with basic and diluted earnings per share of $0.60 [S2].
  • For the nine months ended August 1, 2026, net sales were $35.05 million and net income was $5.28 million [S2].
  • The company had cash and cash equivalents of approximately $13.42 million as of August 1, 2026, and current assets of about $51.25 million against current liabilities of $6.88 million, yielding a current ratio of 7.44 and a cash ratio of 2.01 [S2].
  • Nobility Homes operates in the manufactured housing sector, selling homes directly to consumers and through intermediaries as indicated by SEC filing tags [S2].
  • The company has a history of declaring dividends, including a $1.00 dividend declared in 2023 [N25].
  • Recent news coverage includes a report of a 13% sales drop in 2025, indicating some volatility in sales performance [N25].
Sources
Sources - Context summary

Generated 2026-09-15

Sources - Earning calls
Sources - Other context
Sources - SEC Filings
  • S1 | 2026-01-30 | 10-K
  • S2 | 2026-09-15 | 10-Q
Sources - News headlines
  • N1 | 2026-09-15 | www.nasdaq.com | Stocks Settle Lower as AI Slowdown Fears Weigh on Chipmakers | https://www.nasdaq.com/articles/stocks-settle-lower-ai-slowdown-fears-weigh-chipmakers
  • N2 | 2026-09-15 | www.nasdaq.com | Soybeans Slipping Back as Ratings Remain Steady | https://www.nasdaq.com/articles/soybeans-slipping-back-ratings-remain-steady
  • N3 | 2026-09-15 | www.nasdaq.com | Hogs Post Monday Losses | https://www.nasdaq.com/articles/hogs-post-monday-losses
  • N4 | 2026-09-15 | www.nasdaq.com | ABAT Q4 2026 Earnings Call Transcript | https://www.nasdaq.com/articles/abat-q4-2026-earnings-call-transcript
  • N5 | 2026-09-15 | www.nasdaq.com | Bioceres (BIOX) Q4 2026 Earnings Call Transcript | https://www.nasdaq.com/articles/bioceres-biox-q4-2026-earnings-call-transcript
  • N6 | 2026-09-15 | www.nasdaq.com | This Top Bank Projects Silver Will Get Back to $90 Within 12 Months | https://www.nasdaq.com/articles/top-bank-projects-silver-will-get-back-90-within-12-months
  • N7 | 2026-09-15 | www.nasdaq.com | Akeso Reports Positive Overall Survival Results For Ivonescimab In First-Line PD-L1-Positive NSCLC | https://www.nasdaq.com/articles/akeso-reports-positive-overall-survival-results-ivonescimab-first-line-pd-l1-positive
  • N8 | 2026-06-16 | www.nasdaq.com | Nio Delivered 37,705 EVs in May and Is Making Its Own Chips Now. Can It Compete With BYD at Scale? | https://www.nasdaq.com/articles/nio-delivered-37705-evs-may-and-making-its-own-chips-now-can-it-compete-byd-scale
Important legal disclaimer

This material is for informational purposes only and does not constitute investment, financial, legal or tax advice, or an offer or solicitation to buy or sell any security. The Valye AI Score is a model-based estimate derived from public information and is subject to change without notice. No representation or warranty, express or implied, is made as to the accuracy, completeness or fairness of the information herein. Past performance is not indicative of future results. Investors should conduct their own research and consult a qualified financial adviser before making any investment decisions.

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