NIBE Industrier AB (publ)

OTCPK:NDRB.F Stock Report

Market Cap: US$8.9b

NIBE Industrier Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • 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 NDRB.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: NDRB.F ($4.29) is trading above our estimate of fair value ($3.87)

Significantly Below Fair Value: NDRB.F is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for NDRB.F?

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

The above table shows the Price to Earnings ratio for NDRB.F. This is calculated by dividing NDRB.F's market cap by their current earnings.
What is NDRB.F's PE Ratio?
PE Ratio126.3x
EarningsSEK 776.00m
Market CapSEK 98.02b

Price to Earnings Ratio vs Peers

How does NDRB.F's PE Ratio compare to its peers?

The above table shows the PE ratio for NDRB.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average40.9x
SSD Simpson Manufacturing
24.6x8.9%US$8.3b
CSWI CSW Industrials
61.6x20.4%US$7.3b
AWI Armstrong World Industries
28.3x11.2%US$7.1b
AZEK AZEK
48.9x12.6%US$7.6b
NDRB.F NIBE Industrier
126.3x56.0%US$98.0b

Price-To-Earnings vs Peers: NDRB.F is expensive based on its Price-To-Earnings Ratio (126.3x) compared to the peer average (41.7x).

Price to Earnings Ratio vs Industry

How does NDRB.F's PE Ratio compare vs other companies in the US Building Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
AUVI.Q Applied UV
n/an/aUS$4.00
No more companies available in this PE range
NDRB.F 126.3xIndustry Avg. 23.1xNo. of Companies8PE01224364860+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: NDRB.F is expensive based on its Price-To-Earnings Ratio (126.3x) compared to the US Building industry average (23.1x).

Price to Earnings Ratio vs Fair Ratio

What is NDRB.F'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.

NDRB.F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio126.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate NDRB.F'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 NDRB.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$4.29
US$5.22
+21.8%
41.7%US$10.89US$2.18n/a13
Nov ’25US$4.87
US$5.41
+11.0%
41.0%US$11.27US$2.44n/a13
Oct ’25US$5.77
US$5.65
-2.1%
40.4%US$11.57US$2.80n/a13
Sep ’25n/a
US$5.65
0%
40.8%US$11.63US$2.81n/a13
Aug ’25US$4.27
US$5.44
+27.4%
40.3%US$11.13US$2.69n/a13
Jul ’25US$4.10
US$5.71
+39.3%
36.9%US$11.41US$3.23n/a14
Jun ’25US$5.25
US$5.83
+11.0%
35.7%US$11.31US$3.58n/a14
May ’25US$4.49
US$5.72
+27.5%
34.8%US$10.95US$3.47n/a14
Apr ’25n/a
US$6.33
0%
31.6%US$11.21US$3.55n/a13
Mar ’25US$5.50
US$7.23
+31.5%
24.4%US$11.67US$4.96n/a12
Feb ’25US$5.89
US$7.32
+24.2%
23.3%US$11.49US$5.07n/a11
Jan ’25US$6.98
US$8.01
+14.8%
25.3%US$11.33US$4.72n/a10
Dec ’24n/a
US$8.01
0%
25.3%US$11.33US$4.72n/a10
Nov ’24n/a
US$8.34
0%
23.5%US$10.88US$4.99US$4.8710
Oct ’24US$5.83
US$8.73
+49.8%
25.0%US$11.99US$5.00US$5.7710
Sep ’24n/a
US$9.86
0%
25.7%US$13.71US$6.22n/a9
Aug ’24US$9.00
US$11.69
+29.9%
21.4%US$16.32US$8.16US$4.279
Jul ’24n/a
US$11.98
0%
16.2%US$16.04US$8.77US$4.109
Jun ’24n/a
US$11.56
0%
14.8%US$14.72US$8.56US$5.259
May ’24US$11.40
US$11.93
+4.7%
14.5%US$14.29US$8.50US$4.499
Apr ’24US$11.26
US$11.74
+4.3%
16.5%US$14.09US$7.24n/a9
Mar ’24US$10.50
US$11.61
+10.6%
17.3%US$14.11US$7.25US$5.508
Feb ’24US$11.05
US$10.78
-2.5%
19.3%US$14.12US$6.82US$5.898
Jan ’24n/a
US$10.50
0%
19.0%US$13.63US$6.72US$6.988
Dec ’23US$8.80
US$10.31
+17.2%
19.0%US$13.38US$6.60n/a8
Nov ’23US$8.30
US$10.21
+23.0%
20.4%US$13.71US$6.44n/a8

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

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