NIBE Industrier AB (publ)

BATS-CHIXE:NIBEBS Stock Report

Market Cap: SEK 88.6b

NIBE Industrier Valuation

Is NIBEBS undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of NIBEBS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
SEK 53.84
Fair Value
15.1% undervalued intrinsic discount
14
Number of Analysts

Below Fair Value: NIBEBS (SEK45.72) is trading below our estimate of fair value (SEK53.84)

Significantly Below Fair Value: NIBEBS is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for NIBEBS?

Key metric: As NIBEBS is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for NIBEBS. This is calculated by dividing NIBEBS's market cap by their current earnings.
What is NIBEBS's PE Ratio?
PE Ratio114.2x
EarningsSEK 776.00m
Market CapSEK 88.65b

Price to Earnings Ratio vs Peers

How does NIBEBS's PE Ratio compare to its peers?

The above table shows the PE ratio for NIBEBS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average26.2x
FAN Volution Group
24.3x12.0%UK£1.0b
GEN Genuit Group
40.1x30.3%UK£947.1m
JHD James Halstead
16.9x4.1%UK£702.3m
NXR Norcros
23.4x41.7%UK£208.4m
NIBEBS NIBE Industrier
114.2x55.1%SEK 88.6b

Price-To-Earnings vs Peers: NIBEBS is expensive based on its Price-To-Earnings Ratio (114.2x) compared to the peer average (26.2x).

Price to Earnings Ratio vs Industry

How does NIBEBS's PE Ratio compare vs other companies in the European Building Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No. of Companies10PE01224364860+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: NIBEBS is expensive based on its Price-To-Earnings Ratio (114.2x) compared to the European Building industry average (21.4x).

Price to Earnings Ratio vs Fair Ratio

What is NIBEBS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

NIBEBS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio114.2x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate NIBEBS's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst NIBEBS forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 45.72
SEK 52.29
+14.4%
42.7%SEK 120.00SEK 24.00n/a14
Feb ’26SEK 44.91
SEK 55.14
+22.8%
41.8%SEK 120.00SEK 24.00n/a14
Jan ’26n/a
SEK 57.54
0%
41.7%SEK 120.00SEK 24.00n/a13
Dec ’25SEK 46.71
SEK 57.54
+23.2%
41.7%SEK 120.00SEK 24.00n/a13
Nov ’25SEK 51.54
SEK 57.62
+11.8%
41.0%SEK 120.00SEK 26.00n/a13
Oct ’25SEK 53.78
SEK 58.62
+9.0%
40.4%SEK 120.00SEK 29.00n/a13
Sep ’25SEK 50.18
SEK 58.31
+16.2%
40.8%SEK 120.00SEK 29.00n/a13
Aug ’25SEK 47.93
SEK 58.62
+22.3%
40.3%SEK 120.00SEK 29.00n/a13
Jul ’25SEK 44.92
SEK 60.07
+33.7%
36.9%SEK 120.00SEK 34.00n/a14
Jun ’25SEK 53.26
SEK 61.86
+16.1%
35.7%SEK 120.00SEK 38.00n/a14
May ’25SEK 50.97
SEK 62.71
+23.0%
34.8%SEK 120.00SEK 38.00n/a14
Apr ’25SEK 50.48
SEK 67.77
+34.2%
31.6%SEK 120.00SEK 38.00n/a13
Mar ’25n/a
SEK 74.33
0%
24.4%SEK 120.00SEK 51.00n/a12
Feb ’25n/a
SEK 76.45
0%
23.3%SEK 120.00SEK 53.00SEK 44.9111
Jan ’25n/a
SEK 84.90
0%
25.3%SEK 120.00SEK 50.00n/a10
Dec ’24SEK 63.52
SEK 84.90
+33.7%
25.3%SEK 120.00SEK 50.00SEK 46.7110
Nov ’24n/a
SEK 91.91
0%
23.5%SEK 120.00SEK 55.00SEK 51.5410
Oct ’24n/a
SEK 96.11
0%
25.0%SEK 132.00SEK 55.00SEK 53.7810
Sep ’24n/a
SEK 107.89
0%
25.7%SEK 150.00SEK 68.00SEK 50.189
Aug ’24SEK 93.72
SEK 121.78
+29.9%
21.4%SEK 170.00SEK 85.00SEK 47.939
Jul ’24SEK 101.80
SEK 127.00
+24.8%
16.2%SEK 170.00SEK 93.00SEK 44.929
Jun ’24SEK 104.90
SEK 125.67
+19.8%
14.8%SEK 160.00SEK 93.00SEK 53.269
May ’24SEK 114.65
SEK 123.56
+7.8%
14.5%SEK 148.00SEK 88.00SEK 50.979
Apr ’24SEK 113.60
SEK 121.67
+7.1%
16.5%SEK 146.00SEK 75.00SEK 50.489
Mar ’24SEK 110.00
SEK 120.13
+9.2%
17.3%SEK 146.00SEK 75.00n/a8
Feb ’24SEK 114.25
SEK 110.63
-3.2%
19.3%SEK 145.00SEK 70.00n/a8
Analyst Price Target
Consensus Narrative from 14 Analysts
SEK 54.36
Fair Value
15.9% undervalued intrinsic discount
14
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/07 16:44
End of Day Share Price 2025/02/06 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

NIBE Industrier AB (publ) is covered by 24 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Emmi ÖstlundABG Sundal Collier
null nullABG Sundal Collier
James WinchesterBarclays