Nobia AB (publ) develops, manufactures, and sells kitchen solutions to consumer and professional customers.
Solid track record, good value and pays a dividend.
Share Price & News
How has Nobia's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NI8 has not had significant price volatility in the past 3 months.
7 Day Return
DE Consumer Durables
1 Year Return
DE Consumer Durables
Return vs Industry: NI8 exceeded the German Consumer Durables industry which returned 0.3% over the past year.
Return vs Market: NI8 exceeded the German Market which returned 14.1% over the past year.
Price Volatility Vs. Market
How volatile is Nobia's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Nobia undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NI8 (€6.58) is trading below our estimate of fair value (€9.39)
Significantly Below Fair Value: NI8 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NI8 is good value based on its PE Ratio (14.6x) compared to the Consumer Durables industry average (17.3x).
PE vs Market: NI8 is good value based on its PE Ratio (14.6x) compared to the German market (20.9x).
Price to Earnings Growth Ratio
PEG Ratio: NI8 is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: NI8 is overvalued based on its PB Ratio (2.8x) compared to the DE Consumer Durables industry average (1.7x).
How is Nobia forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NI8's forecast earnings growth (12.2% per year) is above the savings rate (-0.4%).
Earnings vs Market: NI8's earnings (12.2% per year) are forecast to grow slower than the German market (13.3% per year).
High Growth Earnings: NI8's earnings are forecast to grow, but not significantly.
Revenue vs Market: NI8's revenue (2.5% per year) is forecast to grow slower than the German market (5% per year).
High Growth Revenue: NI8's revenue (2.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NI8's Return on Equity is forecast to be high in 3 years time (23.2%)
How has Nobia performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NI8 has high quality earnings.
Growing Profit Margin: NI8's current net profit margins (5.8%) are higher than last year (5.7%).
Past Earnings Growth Analysis
Earnings Trend: NI8's earnings have grown by 1.5% per year over the past 5 years.
Accelerating Growth: NI8's earnings growth over the past year (7.6%) exceeds its 5-year average (1.5% per year).
Earnings vs Industry: NI8 earnings growth over the past year (7.6%) exceeded the Consumer Durables industry -15.9%.
Return on Equity
High ROE: NI8's Return on Equity (18.9%) is considered low.
Return on Assets
Return on Capital Employed
How is Nobia's financial position?
Financial Position Analysis
Short Term Liabilities: NI8's short term assets (SEK3.2B) exceed its short term liabilities (SEK2.7B).
Long Term Liabilities: NI8's short term assets (SEK3.2B) do not cover its long term liabilities (SEK3.8B).
Debt to Equity History and Analysis
Debt Level: NI8's debt to equity ratio (26.5%) is considered satisfactory.
Reducing Debt: NI8's debt to equity ratio has increased from 25.2% to 26.5% over the past 5 years.
Debt Coverage: NI8's debt is well covered by operating cash flow (144%).
Interest Coverage: NI8's interest payments on its debt are well covered by EBIT (15.4x coverage).
Inventory Level: NI8 has a high level of physical assets or inventory.
Debt Coverage by Assets: NI8's debt is covered by short term assets (assets are 2.8x debt).
What is Nobia's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Purchase Nobia before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: NI8's dividend (5.72%) is higher than the bottom 25% of dividend payers in the German market (1.31%).
High Dividend: NI8's dividend (5.72%) is in the top 25% of dividend payers in the German market (3.57%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, NI8 has been paying a dividend for less than 10 years.
Growing Dividend: NI8's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (83.3%), NI8's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NI8's dividends in 3 years are forecast to be covered by earnings (59.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jon Sintorn 0
Mr. Jon Sintorn has been President and Chief Executive Officer of Nobia AB (publ) since September 1, 2019. Mr. Sintorn was the President and Chief Executive Officer of Permobil AB and Permobil, Inc. till A ...
|President & CEO||0.4yrs||no data||no data|
|Chief Financial Officer||3.3yrs||no data||0.012% SEK135.0k|
|Chief Information Officer||3.3yrs||no data||0.0014% SEK16.1k|
|Head of Investor Relations||0yrs||no data||no data|
|Executive VP and Chief Marketing||0.9yrs||no data||0.014% SEK157.0k|
|Executive VP & Human Resources Director||0yrs||no data||0.018% SEK204.2k|
|Head of Magnet & Executive VP of UK Region||0yrs||no data||0.044% SEK488.6k|
|Executive VP & Head of Commercial Denmark||4yrs||no data||0.023% SEK252.9k|
|Executive VP & Head of Commercial Norway||0yrs||no data||0.016% SEK174.1k|
|Head of Sustainability||0yrs||no data||no data|
Experienced Management: NI8's management team is considered experienced (3.3 years average tenure).
|Chairman of the Board||1.8yrs||kr900.00k||0.030% SEK331.2k|
|Independent Director||9.1yrs||kr520.00k||0.0030% SEK33.1k|
|Independent Director||3yrs||kr400.00k||no data|
|Non-Executive Director||3yrs||kr400.00k||no data|
|Independent Director||5.8yrs||kr400.00k||0.0059% SEK66.2k|
|Director||0.8yrs||no data||no data|
|Board Member||1.1yrs||no data||no data|
|Deputy Director||3.1yrs||no data||no data|
|Deputy Board Member||1.1yrs||no data||no data|
Experienced Board: NI8's board of directors are considered experienced (3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Nobia AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: Nobia AB (publ)
- Ticker: NI8
- Exchange: DB
- Founded: 1996
- Industry: Home Furnishings
- Sector: Consumer Durables
- Market Cap: kr11.828b
- Listing Market Cap: kr1.118b
- Shares outstanding: 168.85m
- Website: https://www.nobia.com
Number of Employees
- Nobia AB (publ)
- Klarabergsviadukten 70 A5
- Stockholm County
- 107 24
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NOBI||OM (OMX Nordic Exchange Stockholm)||Yes||Ordinary Shares||SE||SEK||Jun 2002|
|0GW0||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||SEK||Jun 2002|
|NOBIS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||SEK||Jun 2002|
|NI8||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jun 2002|
|NBIA.Y||OTCPK (Pink Sheets LLC)||ADR||US||USD||Dec 2008|
Nobia AB (publ) develops, manufactures, and sells kitchen solutions to consumer and professional customers. It offers cabinets, drawers, fronts, panels, bases, cabinet fixtures, worktops, sinks, mixer taps, appliances, kitchen fans, and handles. The company sells its products under various brands, including HTH, Marbodal, Sigdal, Invita, Norema, Petra, À la carte, uno form, Magnet, Commodore and CIE, bribus, Rixonway Kitchens, Gower, ewe, FM, and Intuo brands. It sells its products through approximately 248 own stores; and a network of 156 franchise stores and 1,500 retail stores, including furniture stores, builders’ merchants, DIY stores, and independent kitchen specialists. It also provides installation services for kitchen products. In addition, the company exports its products. It serves in Sweden, Denmark, Norway, Finland, the United Kingdom, France, Germany, the Netherlands, Austria, and internationally. Nobia AB (publ) was founded in 1996 and is headquartered in Stockholm, Sweden.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/19 22:37|
|End of Day Share Price||2020/02/19 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.