Nobia AB (publ)

OM:NOBI Stock Report

Market Cap: SEK 997.4m

Nobia Valuation

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

Valuation Score

5/6

Valuation Score 5/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

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

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: NOBI (SEK14.82) is trading below our estimate of future cash flow value (SEK150.65)

Significantly Below Future Cash Flow Value: NOBI is trading below future cash flow value by more than 20%.

Key Valuation Metric

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

Key metric: As NOBI is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for NOBI. This is calculated by dividing NOBI's market cap by their current revenue.
What is NOBI's PS Ratio?
PS Ratio0.2x
SalesSEK 5.60b
Market CapSEK 997.40m

Price to Sales Ratio vs Peers

How does NOBI's PS Ratio compare to its peers?

The above table shows the PS ratio for NOBI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.7x
EMBELL Embellence Group
1.1x4.92%SEK 823.9m
CANDLE B Candles Scandinavia
0.7x8.29%SEK 352.5m
BONAV B Bonava
0.4x18.41%SEK 2.8b
PRFO Profoto Holding
0.6x6.68%SEK 353.6m
NOBI Nobia
0.2x4.54%SEK 997.4m

Price-To-Sales vs Peers: NOBI is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (0.7x).

Historical Price to Sales Ratio

Historical Price to Sales Ratio compares a stock's price to its sales over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Sales Ratio vs Industry

How does NOBI's PS Ratio compare vs other companies in the European Consumer Durables Industry?

9 CompaniesPrice / SalesEstimated GrowthMarket Cap
NOBI 0.2xIndustry Avg. 0.6xNo. of Companies16PS00.40.81.21.62+
9 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: NOBI is good value based on its Price-To-Sales Ratio (0.2x) compared to the European Consumer Durables industry average (0.6x).

Price to Sales Ratio vs Fair Ratio

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

NOBI PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.2x
Fair PS Ratio0.4x

Price-To-Sales vs Fair Ratio: NOBI is good value based on its Price-To-Sales Ratio (0.2x) compared to the estimated Fair Price-To-Sales Ratio (0.4x).

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 NOBI forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 14.82
SEK 26.00
+75.44%
23.08%SEK 32.00SEK 20.00n/a2
May ’27SEK 17.24
SEK 26.00
+50.81%
23.08%SEK 32.00SEK 20.00n/a2
Apr ’27SEK 19.89
SEK 29.50
+48.32%
8.47%SEK 32.00SEK 27.00n/a2
Jan ’27SEK 43.10
SEK 50.50
+17.17%
20.79%SEK 61.00SEK 40.00n/a2
Dec ’26SEK 41.56
SEK 50.50
+21.51%
20.79%SEK 61.00SEK 40.00n/a2
Nov ’26SEK 44.70
SEK 53.50
+19.69%
15.89%SEK 62.00SEK 45.00n/a2
Oct ’26SEK 46.66
SEK 56.75
+21.62%
16.30%SEK 66.00SEK 47.50n/a2
Sep ’26SEK 46.32
SEK 56.75
+22.52%
16.30%SEK 66.00SEK 47.50n/a2
Aug ’26SEK 45.94
SEK 56.75
+23.53%
16.30%SEK 66.00SEK 47.50n/a2
Jul ’26SEK 47.06
SEK 48.75
+3.59%
33.33%SEK 65.00SEK 32.50n/a2
Jun ’26SEK 41.38
SEK 48.75
+17.81%
33.33%SEK 65.00SEK 32.50SEK 14.992
May ’26SEK 33.14
SEK 53.50
+61.44%
21.50%SEK 65.00SEK 42.00SEK 17.242
Apr ’26SEK 34.46
SEK 56.00
+62.51%
25.00%SEK 70.00SEK 42.00SEK 19.892
Mar ’26SEK 39.26
SEK 55.00
+40.09%
27.27%SEK 70.00SEK 40.00SEK 24.562
Feb ’26SEK 40.72
SEK 55.00
+35.07%
27.27%SEK 70.00SEK 40.00SEK 38.482
Jan ’26SEK 38.46
SEK 57.50
+49.51%
30.43%SEK 75.00SEK 40.00SEK 43.102
Dec ’25SEK 37.34
SEK 57.50
+53.99%
30.43%SEK 75.00SEK 40.00SEK 41.562
Nov ’25SEK 51.40
SEK 82.50
+60.51%
9.09%SEK 90.00SEK 75.00SEK 44.702
Oct ’25SEK 52.05
SEK 85.00
+63.30%
5.88%SEK 90.00SEK 80.00SEK 46.662
Sep ’25SEK 60.65
SEK 73.67
+21.46%
22.45%SEK 90.00SEK 51.00SEK 46.323
Aug ’25SEK 51.45
SEK 73.67
+43.18%
22.45%SEK 90.00SEK 51.00SEK 45.943
Jul ’25SEK 44.74
SEK 73.67
+64.66%
22.45%SEK 90.00SEK 51.00SEK 47.063
Jun ’25SEK 54.40
SEK 73.67
+35.42%
22.45%SEK 90.00SEK 51.00SEK 41.383
SEK 26
Fair Value
43.0% undervalued intrinsic discount
2
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/03 11:28
End of Day Share Price 2026/06/03 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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

Nobia AB (publ) is covered by 7 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Claes VikbladhABG Sundal Collier Sponsored
Lars TopholmCarnegie Investment Bank AB
Anders HanssonDanske Bank