Valuation NIBE Industrier AB CBOE

Stocks

Market Closed - CBOE 11:25:00 2026-08-25 EDT			5-day change	1st Jan Change
42.00 ^SEK	0.00%		+8.39%	+20.48%

08-25	German applications for heat pump subsidies jumped 113 percent year over year in June	FW
08-25	Handelsbanken raises Nibe forecasts, but valuation remains stretched	FW

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	275,697	195,760	142,738	87,175	71,812	85,743	-	-
Change	-	-28.99%	-27.09%	-38.93%	-17.62%	19.4%	-	-
Enterprise Value (EV) ¹	281,271	202,300	159,976	106,279	88,911	100,741	97,402	94,797
Change	-	-28.08%	-20.92%	-33.57%	-16.34%	13.3%	-3.31%	-2.67%
P/E	82.9x	45x	29.9x	74.6x	31.5x	26.5x	22.2x	20.1x
PBR	12.9x	7.01x	4.73x	2.72x	2.37x	2.56x	2.36x	2.18x
PEG	-	1.5x	3.08x	-1x	0.3x	0.6x	1.1x	2x
Capitalization / Revenue	8.94x	4.89x	3.06x	2.15x	1.76x	1.97x	1.83x	1.71x
EV / Revenue	9.12x	5.05x	3.43x	2.62x	2.18x	2.32x	2.08x	1.9x
EV / EBITDA	49x	27.5x	18.3x	20.1x	13.8x	13.5x	11.8x	10.7x
EV / EBIT	63.4x	34.5x	22.9x	32.9x	20.7x	19.5x	16.7x	15x
EV / FCF	139x	368x	-7,272x	59.6x	43.8x	24.3x	22x	20x
FCF Yield	0.72%	0.27%	-0.01%	1.68%	2.28%	4.12%	4.55%	5.01%
Dividend per Share ²	0.5	0.65	0.65	0.3	0.35	0.4849	0.5863	0.65
Rate of return	0.37%	0.67%	0.92%	0.69%	0.98%	1.14%	1.38%	1.53%
EPS ²	1.65	2.16	2.37	0.58	1.13	1.605	1.917	2.114
Distribution rate	30.3%	30.1%	27.4%	51.7%	31%	30.2%	30.6%	30.7%
Net sales ¹	30,832	40,071	46,649	40,521	40,841	43,480	46,883	50,021
EBITDA ¹	5,735	7,347	8,745	5,275	6,441	7,467	8,222	8,834
EBIT ¹	4,438	5,863	6,973	3,226	4,303	5,178	5,825	6,322
Net income ¹	3,320	4,351	4,785	1,173	2,277	3,341	3,985	4,407
Net Debt ¹	5,574	6,540	17,238	19,104	17,099	14,997	11,659	9,054
Reference price ²	136.75	97.10	70.80	43.24	35.62	42.53	42.53	42.53
Nbr of stocks (in thousands)	2,016,066	2,016,066	2,016,066	2,016,066	2,016,066	2,016,066	-	-
Announcement Date	2/17/22	2/15/23	2/16/24	2/14/25	2/12/26	-	-	-

¹SEK in Million²SEK

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
TRANE TECHNOLOGIES PLC	29.96x	4.31x	21.08x	0.9%	99.66B
JOHNSON CONTROLS INTERNATIONAL PLC	29.97x	3.74x	20.04x	1.13%	86.61B
CARRIER GLOBAL CORPORATION	29.53x	2.58x	12.53x	1.61%	49.43B
DAIKIN INDUSTRIES,LTD.	20.93x	1.12x	8.11x	1.72%	36.49B
LENNOX INTERNATIONAL INC.	16.84x	2.64x	12.02x	1.29%	13.79B
WATSCO, INC.	25.5x	1.49x	14.51x	4.03%	11.98B
NIBE INDUSTRIER AB	26.2x	2.29x	13.36x	1.15%	8.93B
A. O. SMITH CORPORATION	17.3x	2.29x	11.14x	2.3%	8.52B
BEIJER REF AB	24.95x	1.9x	14.6x	1.27%	7B
Average	24.58x	2.48x	14.16x	1.71%	35.83B
Weighted average by Cap.	27.60x	3.19x	16.77x	1.35%