OTC
According to Zyberno, NOBLE ROMAN’S, INC. (NROM) shows a Value Trap signal — AVERAGE BUSINESS (56/100) with an apparent Margin of Safety of +59.2%, but a Brina Gap of +1.3% reveals the current price still assumes faster growth than the business can deliver.
According to Zyberno's DCF model, NOBLE ROMAN’S, INC. (NROM) trades at $0.68 against an estimated intrinsic value per share of $1.67 — a +59.2% Margin of Safety based on Owner Earnings of $1.24M TTM, projected at 19.5% growth for 10 years with a 2.5% terminal growth rate. The Brina Gap of +1.3% strengthens the case: based on the company's ROIC (34.6%) and reinvestment rate (-12.5%), the business can fundamentally grow at -4.3% — but the current enterprise value implies the market expects -5.7%. This places NROM in the Value Trap quadrant of the Brina Matrix — a value-trap signal where the apparent discount is undermined by overpriced growth expectations. Zyberno's model translates this into a 5-year expected return of 46.6% annually.
Over the trailing twelve months, NROM generated $1.24M in Owner Earnings. Capital was deployed as follows: $166.60K invested in capital expenditures. Reinvestment rate: -12.5%. Owner Earnings have grown at 19.5% annually over the trailing five years using log-linear regression.