NIBE Industrier AB (publ), together with its subsidiaries, develops, manufactures, markets, and sells various energy efficient solutions for indoor climate comfort, and components and solutions for intelligent heating and control in Nordic countries, rest of Europe, North America, Australia, Asia, and internationally. More Details
Excellent balance sheet with limited growth.
Share Price & News
How has NIBE Industrier's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NIBE B is less volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: NIBE B's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: NIBE B exceeded the Swedish Building industry which returned 10.6% over the past year.
Return vs Market: NIBE B exceeded the Swedish Market which returned 17.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is NIBE Industrier's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StNIBE Industrier AB (publ) Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
2 weeks ago | Simply Wall StNIBE Industrier AB (publ) (STO:NIBE B) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
3 weeks ago | Simply Wall StWhat Do The Returns On Capital At NIBE Industrier (STO:NIBE B) Tell Us?
Is NIBE Industrier undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: NIBE B (SEK239.1) is trading above our estimate of fair value (SEK42.49)
Significantly Below Fair Value: NIBE B is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NIBE B is poor value based on its PE Ratio (51.7x) compared to the SE Building industry average (22.5x).
PE vs Market: NIBE B is poor value based on its PE Ratio (51.7x) compared to the Swedish market (22.6x).
Price to Earnings Growth Ratio
PEG Ratio: NIBE B is poor value based on its PEG Ratio (5.4x)
Price to Book Ratio
PB vs Industry: NIBE B is overvalued based on its PB Ratio (6.5x) compared to the SE Building industry average (3.3x).
How is NIBE Industrier forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NIBE B's forecast earnings growth (9.5% per year) is above the savings rate (0.5%).
Earnings vs Market: NIBE B's earnings (9.5% per year) are forecast to grow slower than the Swedish market (11.6% per year).
High Growth Earnings: NIBE B's earnings are forecast to grow, but not significantly.
Revenue vs Market: NIBE B's revenue (4.8% per year) is forecast to grow faster than the Swedish market (3.4% per year).
High Growth Revenue: NIBE B's revenue (4.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NIBE B's Return on Equity is forecast to be low in 3 years time (13.3%).
How has NIBE Industrier performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NIBE B has high quality earnings.
Growing Profit Margin: NIBE B's current net profit margins (8.8%) are lower than last year (8.8%).
Past Earnings Growth Analysis
Earnings Trend: NIBE B's earnings have grown by 14.2% per year over the past 5 years.
Accelerating Growth: NIBE B's earnings growth over the past year (6.6%) is below its 5-year average (14.2% per year).
Earnings vs Industry: NIBE B earnings growth over the past year (6.6%) underperformed the Building industry 7.5%.
Return on Equity
High ROE: NIBE B's Return on Equity (12.8%) is considered low.
How is NIBE Industrier's financial position?
Financial Position Analysis
Short Term Liabilities: NIBE B's short term assets (SEK14.4B) exceed its short term liabilities (SEK9.4B).
Long Term Liabilities: NIBE B's short term assets (SEK14.4B) exceed its long term liabilities (SEK12.5B).
Debt to Equity History and Analysis
Debt Level: NIBE B's debt to equity ratio (56%) is considered high.
Reducing Debt: NIBE B's debt to equity ratio has reduced from 111.7% to 56% over the past 5 years.
Debt Coverage: NIBE B's debt is well covered by operating cash flow (37.3%).
Interest Coverage: NIBE B's interest payments on its debt are well covered by EBIT (13.8x coverage).
What is NIBE Industrier current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: NIBE B's dividend (0.59%) isn’t notable compared to the bottom 25% of dividend payers in the Swedish market (1.17%).
High Dividend: NIBE B's dividend (0.59%) is low compared to the top 25% of dividend payers in the Swedish market (3.75%).
Stability and Growth of Payments
Stable Dividend: NIBE B is not paying a notable dividend for the Swedish market, therefore no need to check if payments are stable.
Growing Dividend: NIBE B is not paying a notable dividend for the Swedish market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: NIBE B is not paying a notable dividend for the Swedish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NIBE B's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Gerteric Lindquist (69 yo)
Mr. Gerteric Lindquist serves as the Chief Executive Officer and Managing Director of NIBE Industrier AB (publ) and served as its President. Mr. Lindquist also serves as the Chief Executive Officer and Man...
CEO Compensation Analysis
Compensation vs Market: Gerteric's total compensation ($USD859.57K) is below average for companies of similar size in the Swedish market ($USD1.96M).
Compensation vs Earnings: Gerteric's compensation has been consistent with company performance over the past year.
|CEO, MD & Director||no data||kr7.30m||4.6% |
|Independent Director||10.5yrs||kr400.00k||0.0045% |
|Independent Chairman||5.25yrs||kr800.00k||0.00018% |
|Independent Director||2.83yrs||kr400.00k||no data|
|Director||0.50yr||no data||no data|
Experienced Board: NIBE B's board of directors are considered experienced (7.9 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.
NIBE Industrier AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: NIBE Industrier AB (publ)
- Ticker: NIBE B
- Exchange: OM
- Founded: 1949
- Industry: Building Products
- Sector: Capital Goods
- Market Cap: kr120.510b
- Shares outstanding: 504.02m
- Website: https://www.nibe.com
Number of Employees
- NIBE Industrier AB (publ)
- HannabadsvAegen 5
- Kronoberg County
- 285 32
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NIBE B||OM (OMX Nordic Exchange Stockholm)||Yes||Class B Shares||SE||SEK||Jun 1997|
|NJBC||DB (Deutsche Boerse AG)||Yes||Class B Shares||DE||EUR||Jun 1997|
|0RH0||LSE (London Stock Exchange)||Yes||Class B Shares||GB||SEK||Jun 1997|
|NIBEB||SWX (SIX Swiss Exchange)||Yes||Class B Shares||CH||CHF||Jun 1997|
|NIBEBZ||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Class B Shares||GB||CHF||Jun 1997|
|NDRB.F||OTCPK (Pink Sheets LLC)||Yes||Class B Shares||US||USD||Jun 1997|
|NIBEBS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Class B Shares||GB||SEK||Jun 1997|
NIBE Industrier AB (publ), together with its subsidiaries, develops, manufactures, markets, and sells various energy efficient solutions for indoor climate comfort, and components and solutions for intelli...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/28 19:20|
|End of Day Share Price||2020/11/27 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.