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 9.35% and Operating profit at 2.12%
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
Consistent Underperformance against the benchmark over the last 3 years
Stock DNA
Electronics & Appliances
SEK 67,377 Million (Mid Cap)
27.00
NA
59.54%
0.68
9.02%
2.26
Revenue and Profits:
Net Sales:
10,082 Million
(Quarterly Results - Jun 2025)
Net Profit:
494 Million
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-4.87%
0%
-4.87%
6 Months
-7.5%
0%
-7.5%
1 Year
-23.59%
0%
-23.59%
2 Years
-43.41%
0%
-43.41%
3 Years
-66.18%
0%
-66.18%
4 Years
-71.77%
0%
-71.77%
5 Years
-42.2%
0%
-42.2%
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)
9.35%
EBIT Growth (5y)
2.12%
EBIT to Interest (avg)
15.07
Debt to EBITDA (avg)
2.12
Net Debt to Equity (avg)
0.63
Sales to Capital Employed (avg)
0.84
Tax Ratio
18.47%
Dividend Payout Ratio
51.56%
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
Bearish
Mildly Bullish
RSI
No Signal
Bullish
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bullish
Dow Theory
Mildly Bullish
No Trend
OBV
No Trend
No Trend
Shareholding Snapshot : Mar 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) - Jun'25 - QoQ
Jun'25
Mar'25
Change(%)
Net Sales
10,082.00
9,673.00
4.23%
Operating Profit (PBDIT) excl Other Income
1,337.00
1,185.00
12.83%
Interest
244.00
268.00
-8.96%
Exceptional Items
-1.00
-1.00
Consolidate Net Profit
494.00
391.00
26.34%
Operating Profit Margin (Excl OI)
81.90%
68.00%
1.39%
USD in Million.
Net Sales
QoQ Growth in quarter ended Jun 2025 is 4.23% vs -12.26% in Mar 2025
Consolidated Net Profit
QoQ Growth in quarter ended Jun 2025 is 26.34% vs -71.54% in Mar 2025
Annual Results Snapshot (Consolidated) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
40,521.00
46,649.00
-13.14%
Operating Profit (PBDIT) excl Other Income
3,778.00
8,479.00
-55.44%
Interest
1,497.00
945.00
58.41%
Exceptional Items
584.00
20.00
2,820.00%
Consolidate Net Profit
1,162.00
4,796.00
-75.77%
Operating Profit Margin (Excl OI)
42.70%
143.80%
-10.11%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2024 is -13.14% vs 16.42% in Dec 2023
Consolidated Net Profit
YoY Growth in year ended Dec 2024 is -75.77% vs 9.12% in Dec 2023
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
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