Compare NIBE Industrier AB with Similar Stocks
Dashboard
1
Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 15.07
2
Healthy long term growth as Net Sales has grown by an annual rate of 8.51% and Operating profit at 2.82%
3
The company has declared positive results in Dec'2024 after 6 consecutive negative quarters
4
With ROE of 9.02%, it has a very expensive valuation with a 2.45 Price to Book Value
5
Majority shareholders : FIIs
6
Consistent Underperformance against the benchmark over the last 3 years
Stock DNA
Electronics & Appliances
SEK 68,365 Million (Mid Cap)
27.00
NA
58.68%
0.56
7.54%
2.26
Revenue and Profits:
Net Sales:
11,000 Million
(Quarterly Results - Dec 2025)
Net Profit:
785 Million
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
7.1%
0%
7.1%
6 Months
8.18%
0%
8.18%
1 Year
-6.38%
0%
-6.38%
2 Years
-27.84%
0%
-27.84%
3 Years
-65.13%
0%
-65.13%
4 Years
-60.96%
0%
-60.96%
5 Years
-45.12%
0%
-45.12%
NIBE Industrier AB for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
8.51%
EBIT Growth (5y)
2.82%
EBIT to Interest (avg)
15.07
Debt to EBITDA (avg)
2.12
Net Debt to Equity (avg)
0.63
Sales to Capital Employed (avg)
0.79
Tax Ratio
18.47%
Dividend Payout Ratio
30.99%
Pledged Shares
0
Institutional Holding
0.01%
ROCE (avg)
11.52%
ROE (avg)
12.84%
Valuation key factors
Factor
Value
P/E Ratio
27
Industry P/E
Price to Book Value
2.45
EV to EBIT
29.17
EV to EBITDA
17.88
EV to Capital Employed
1.87
EV to Sales
2.29
PEG Ratio
0.40
Dividend Yield
54.74%
ROCE (Latest)
6.40%
ROE (Latest)
9.02%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Bullish
Mildly Bullish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bullish
Shareholding Snapshot : Dec 2025
Shareholding Compare (%holding) 
Majority shareholders
Foreign Institutions
Domestic Funds
Held in 0 Schemes (0%)
Foreign Institutions
Held by 2 Foreign Institutions (0.01%)
Strategic Entities with highest holding
Highest Public shareholder
Quarterly Results Snapshot (Consolidated) - Dec'25 - QoQ
Dec'25
Sep'25
Change(%)
Net Sales
11,000.00
10,086.00
9.06%
Operating Profit (PBDIT) excl Other Income
1,687.00
1,598.00
5.57%
Interest
225.00
233.00
-3.43%
Exceptional Items
0.00
-3.00
100.00%
Consolidate Net Profit
785.00
610.00
28.69%
Operating Profit Margin (Excl OI)
102.60%
104.70%
-0.21%
USD in Million.
Net Sales
QoQ Growth in quarter ended Dec 2025 is 9.06% vs 0.04% in Sep 2025
Consolidated Net Profit
QoQ Growth in quarter ended Dec 2025 is 28.69% vs 23.48% in Sep 2025
Annual Results Snapshot (Consolidated) - Dec'25
Dec'25
Dec'24
Change(%)
Net Sales
40,841.00
40,521.00
0.79%
Operating Profit (PBDIT) excl Other Income
5,801.00
3,778.00
53.55%
Interest
970.00
1,497.00
-35.20%
Exceptional Items
0.00
584.00
-100.00%
Consolidate Net Profit
2,280.00
1,162.00
96.21%
Operating Profit Margin (Excl OI)
89.70%
42.70%
4.70%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2025 is 0.79% vs -13.14% in Dec 2024
Consolidated Net Profit
YoY Growth in year ended Dec 2025 is 96.21% vs -75.77% in Dec 2024
About NIBE Industrier AB 
NIBE Industrier AB
Electronics & Appliances
Nibe Industrier AB is a Sweden-based company engaged in the provision of heating technology solutions. Its operations are organized into three business areas: NIBE Element, which is engaged in the manufacturing of electric heating elements that are used in white goods and industry commercial equipment, as well as heating, control and measurement components and systems of ASKOMA AG, comprises also HT S.p.A.; NIBE Energy Systems, focusing on heat pumps and electric water heaters for private homes and larger premises, and NIBE Stoves, specializing within wood-burning stoves for private homeowners in the new and existing housing market and in the holiday homes sector. Its brands include Contura, Premodul, Nordpeis, Lotus Heating Sustems and TermaTech, among others. The Company is also engaged in the field of heat pumps via Enertech Global Llc, in the area of ventilations systems through the partially owned subsidiary Air Site AB, and with regard to heating solutions through Hotwatt Inc.
Company Coordinates 
Company Details
Hannabadsvagen 5 , MARKARYD None : 285 21
Registrar Details






