NIBE Industrier AB Class B

NIBE Industrier AB Class B

3.98
EUR
-0.02
(-0.40%)
0.12EPS
27.11P/E
6.47BMarket Cap
Nov 17Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
5.32
5.96
7.16
8.17
9.43
11.17
12.57
13.46
15.29
19.88
23.14
20.1
20.26
20.6
Basic EPS, GAAP
0.46
0.53
0.67
0.73
0.84
1.03
1.08
1.42
1.65
2.16
2.37
0.58
1.13
1.31
Free Cash Flow per Basic Share
0.41
0.58
0.84
0.71
0.7
0.58
0.97
1.93
0.96
0.19
-0.57
0.67
1.61
2.94
Dividend per Share
0.12
0.14
0.16
0.2
0.22
0.26
0.33
0.35
0.39
0.5
0.65
0.65
0.3
0.35
Book Value per Share
3.01
3.55
4.02
6.02
6.35
7.64
8.68
8.72
10.63
13.86
14.96
15.92
15.01
16.03
Tangible Book Value per Share
-0.31
-1.71
-1.5
-1.28
-0.96
-0.81
-0.59
-0.68
0.53
2.66
-0.42
-0.07
0.38
0.86
Basic Weighted Avg Shares
1,850
1,850
1,850
1,878
2,016
2,016
2,016
2,016
2,016
2,016
2,016
2,016
2,016
2,019
Sales/Revenue/Turnover
9,834
11,033
13,243
15,348
19,009
22,516
25,342
27,146
30,832
40,071
46,649
40,521
40,841
41,585
Operating Margin (%)
11.18
11.84
12.22
12.22
11.77
12.04
11.48
12.12
13.53
13.03
13.78
4.49
9.94
10.82
Depreciation Expense
387
406
480
548
641
691
1,036
1,239
1,298
1,597
1,824
2,245
2,145
- -
Net Income, GAAP
858
982
1,237
1,376
1,703
2,074
2,170
2,866
3,320
4,351
4,785
1,173
2,277
2,649
Effective Tax Rate (%)
23.19
23.99
23.36
26.46
21.95
22.31
22.99
20.09
21.77
22.56
24.25
24.35
27.73
27.16
Profit Margin (%)
8.72
8.9
9.34
8.97
8.96
9.21
8.56
10.56
10.77
10.86
10.26
2.89
5.58
6.37
Working Capital
3,035
3,791
3,358
2,825
4,508
5,723
5,761
3,931
7,291
8,399
8,633
7,776
7,700
9,929
LT Debt
4,225
7,236
6,777
5,457
6,531
6,941
6,988
5,641
6,967
6,185
15,111
16,652
15,399
18,111
Total Equity
5,575
6,560
7,428
12,129
12,807
15,421
17,604
17,737
21,657
27,973
30,207
32,140
30,290
32,326
Return on Invested Capital (%)
9.38
8.69
9.11
8.37
8.75
9.59
8.97
11.12
11.68
12.67
11.54
3.74
5.48
5.89
Return on Capital (%)
9.52
8.69
9.28
8.42
8.67
9.63
8.93
10.76
11.54
12.78
12.06
4.22
5.62
4.75
Return on Common Equity (%)
16.45
16.18
17.69
14.07
13.66
14.7
13.19
16.33
17.01
17.63
16.47
3.77
7.3
8.52

Capital Structure

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
6,428
6,293
5,230
LT Borrowings
13,912
16,465
18,111
LT Finance Leases
1,487
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,016
2,016
2,016
Market Capitalization
70,598
76,238
71,704

Working Capital

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
21,651
22,442
23,783
Cash, Cash Equivalents & STI
5,458
5,507
5,364
Accounts Receivable, Net
5,317
7,437
8,594
Inventories
9,167
9,498
9,825
Total Current Liabilities
13,951
14,068
13,854
Payables & Accruals
- -
- -
- -
ST Debt
6,428
6,293
5,230
Deferred Revenue
- -
- -
- -

Growth Rates

SEK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
16.41%
11.98%
-5.76%
Free Cash Flow
-47.69%
-123.48%
138.34%
Net Income, GAAP
16.9%
15.1%
94.12%
Sales/Revenue/Turnover
12.55%
9.52%
0.79%
Total Cash Common Dividend
- -
- -
-53.74%

Quarterly Revenue

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
9,494
10,035
9,967
11,025
40,521
2025
9,673
10,082
10,086
11,000
40,841
2026
9,650
10,849
- -
- -
- -

Quarterly Earnings Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.42
0.11
0.22
0.68
0.58
2025
0.19
0.24
0.3
0.39
1.13
2026
0.25
0.37
- -
- -
- -

Quarterly Dividends Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.65
2025
- -
0.3
- -
- -
0.3
2026
- -
0.35
- -
- -
- -

Company Description

CEO
Gerteric Lindquist
Full Time Employees
20,563
Sector
Producer manufacturing
Industry
Industrial machinery
Address
Hannabadsvägen 5 Markaryd KR Sweden 285 21
IPO Date
Jun 16, 1997
Business
NIBE Industrier AB (publ) develops, manufactures, markets, and sells energy-efficient solutions for indoor climate comfort and components for intelligent heating and control; operates through three business areas including NIBE Climate Solutions, which offers heat pumps, ventilation products and air conditioning, climate control systems, water heaters and accumulator tanks, district heating products, photovoltaic panels, domestic boilers, commercial washing machines, and tumble dryers for residential homes, apartment blocks, hotels, hospitals, and commercial properties; NIBE Element, which provides tubular, aluminum, foil, thick film, PTC, high-power, and ceramic heating elements, open spirals and tapes, heating cables and jackets, vacuum brazing, heat pump technology, resistors, heat exchangers, temperature sensors, flexible hoses, and control equipment for domestic appliances, commercial products, professional kitchens, energy, transport, advanced technology, medicine, aviation, and industrial projects; and NIBE Stoves, which supplies free-standing wood-burning, gas, and electric stoves, heat-retaining products, chimney systems, and accessories. The company, founded in 1949 and headquartered in Markaryd, Sweden, serves customers in Nordic countries, the rest of Europe, North America, and other international markets within the sustainable energy and heating sector. Recent developments include the acquisition of a 70% stake in Selmo Srl, alongside earlier strategic purchases such as Climate for Life in the Netherlands in 2023, Argoclima S.p.A. in Italy and Solzaima in Portugal in 2022-2023, ELMESS-Klöpper Group in Germany and Ceramicx in Ireland in 2022-2023, which bolster its climate solutions, stoves, and element capabilities; implementation of a comprehensive cost-saving action program and production adjustments in 2024 to address market challenges and target restored operating margins by 2025; and ongoing capacity expansions and product innovations focused on organic growth in heat pumps and efficiency enhancements across business areas.

Company News

  • NIBE Industrier AB (publ) (NDRBF) Q2 2026 Earnings Call Transcript

  • Nibe Industrier Shares Rise as Heat Pumps, Data Centers Drive Sales Growth

  • NIBE Industrier AB (publ) (NDRBF) Q1 2026 Earnings Call Transcript

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  • NIBE Industrier AB (publ) (NDRBF) Q4 2025 Earnings Call Transcript

  • NIBE Industrier AB (publ) (NDRBF) Q3 2025 Earnings Call Transcript

  • NIBE Industrier AB (publ) (NDRBF) Q2 2025 Earnings Call Transcript

  • NIBE Industrier AB (NDRBF) Q1 2025 Earnings Call Transcript

  • NIBE Industrier AB (publ) Q4 2024 Earnings Call Transcript

  • NIBE Industrier: Improved Inventory Levels And A Recovering Market Keep Me Optimistic

  • NIBE Industrier AB (publ) (NDRBF) Q3 2024 Earnings Call Transcript

  • NIBE Industrier: Current Market Conditions Gives A Cheap Entry Price

  • NIBE: Liking What I See At Below 50 SEK

  • NIBE Industrier AB (publ) (NDRBF) Q2 2024 Earnings Call Transcript

  • NIBE Industrier's (publ) CEO and MD, Gerteric Lindquist, comments on first half year, 2024

  • NIBE Industrier AB (publ) (NDRBF) Q1 2024 Earnings Call Transcript

  • Annual General Meeting of NIBE Industrier AB

  • Publication of NIBE Industrier's Annual Report for 2023

  • NIBE Industrier AB (publ) (NDRBF) Q4 2023 Earnings Call Transcript

  • NIBE Industrier: Continued Upside Going Into Q3 And Beyond