NIBE Industrier AB (publ)

NIBE Industrier AB (publ)

NDRBF
NIBE Industrier AB (publ)US flagOther OTC
3.67
USD
- -
- -
6.55BMarket Cap
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
20.13
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
1.18
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
2.56
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
- -
Book Value per Share
2.22
2.61
3.04
3.52
3.92
4.7
5.38
6.46
7.77
9.61
11.29
11.21
12.06
- -
Tangible Book Value per Share
-0.31
-1.71
-1.5
-1.38
-0.96
-0.8
-0.55
-0.61
0.64
2.68
-0.4
-0.05
0.4
0.75
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
2,028
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
40,818
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
10.32
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
2,390
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
27.83
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
5.86
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
8,374
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
16,465
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
31,614
Return on Invested Capital (%)
8.74
8.2
8.67
7.92
8.35
9.19
8.59
9.43
10.91
11.28
10.64
2.55
5.39
5.63
Return on Capital (%)
11.2
10.02
10.6
10.67
11.56
12.63
11.79
13.49
13.99
16.04
14.64
5.01
6.55
10.3
Return on Common Equity (%)
22.67
22
23.67
22.48
23.45
23.85
21.35
24.01
23.14
24.84
22.71
5.17
9.71
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
6,886
6,428
6,293
LT Borrowings
17,025
13,912
16,465
LT Finance Leases
- -
1,487
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,016
2,016
2,016
Market Capitalization
73,274
71,964
80,948

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
22,460
21,651
22,442
Cash, Cash Equivalents & STI
4,704
5,458
5,507
Accounts Receivable, Net
7,995
5,317
7,437
Inventories
9,761
9,167
9,498
Total Current Liabilities
14,839
13,951
14,068
Payables & Accruals
- -
- -
- -
ST Debt
6,886
6,428
6,293
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

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

FRC

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
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

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
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

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

Company Description

APIChatGPT
CEO
Gerteric Lindquist
Full Time Employees
20,500
Sector
Industrials
Industry
Construction
Address
Hannabadsvägen 5 Markaryd KR Sweden 285 32
IPO Date
Jun 27, 2016
Website
nibe.com
Business
NIBE Industrier AB (publ) is a Swedish industrial group that develops, manufactures and markets energy-efficient solutions for indoor climate comfort, heating control and stoves. Founded in 1949 and headquartered in Markaryd, the company operates through three main business areas: NIBE Climate Solutions, which provides heat pumps, air conditioning systems, solar heating systems, household boilers, water heaters, cooling equipment, ventilation systems, solar panels and products for larger properties including district heating equipment; NIBE Element, which supplies components such as tubular, aluminum, foil, thick film, PTC, high-power and ceramic heating elements, open spirals, tapes, heating cables, 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 offers wood-burning stoves and chimney systems. The company serves residential, commercial and industrial customers across Nordic countries (18.5% of net sales), Europe (44%), North America (31.1%) and other regions (6.4%), with approximately 21,000 employees and production facilities in Sweden, Norway, Finland, Denmark, Poland, the Czech Republic, Italy, Spain, the Netherlands, the UK, China and other locations. Recent developments include the acquisition of Heat Trace Engineering Solutions S.L. in Spain and Ohmic Resistors Ltd in Australia in 2024 to expand capabilities in the Element business area; the 2023 acquisitions of Climate for Life (CFL) in the Netherlands, Ceramicx in Ireland, P.G.R. Partners in Belgium and Solzaima in Portugal to strengthen heat pump, ventilation, heating elements and stove offerings; ongoing market recovery confirmed in Q3 2025 interim report with sales of SEK 29,841 million and adjusted operating profit of SEK 2,865 million amid improving European demand for heat pumps; and a strategic focus on 20% annual growth through half organic expansion and half acquisitions, supported by product innovation and investments in sustainable energy transitions.

Company News

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

  • NIBE Industrier AB (publ) (OTCMKTS:NDRBF) Shares Down 7.4% – Should You Sell?

  • 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

  • NIBE Industrier AB (publ) (NDRBF) Q3 2023 Earnings Call Transcript

  • NIBE Industrier: There's Now An Upside To The Stock (Rating Upgrade)