NIBE Industrier AB (publ)

NIBE Industrier AB (publ)

NIABY
NIBE Industrier AB (publ)US flagOther OTC
3.84
USD
-0.03
- -
7.74BMarket Cap
NIBE Industrier AB (publ)
NIABY
(Other OTC)

Recent

price

3.84

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
4.13
4.82
4.97
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
Revenue per Share
0.35
0.41
0.41
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
Basic EPS, GAAP
0.39
0.48
0.4
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
Free Cash Flow per Basic Share
0.08
0.1
0.12
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
- -
Dividend per Share
1.53
1.73
1.87
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
- -
Book Value per Share
0.82
-0.68
-0.4
-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
Tangible Book Value per Share
1,576
1,688
1,849
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
Basic Weighted Avg Shares
6,512
8,140
9,192
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
Sales/Revenue/Turnover
12.23
10.88
10.41
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
Operating Margin (%)
216
275
370
387
406
480
548
641
691
1,036
1,239
1,298
1,597
1,824
2,245
2,145
- -
Depreciation Expense
553
691
764
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
Net Income, GAAP
25.77
26.53
24.06
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
Effective Tax Rate (%)
8.49
8.49
8.31
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
Profit Margin (%)
1,309
2,069
2,134
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
Working Capital
923
4,198
3,816
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
LT Debt
2,483
4,487
4,858
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
Total Equity
16.02
10.04
7.84
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 Invested Capital (%)
17.13
13.27
10.6
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 Capital (%)
25.18
25.92
23.9
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
- -
Return on Common Equity (%)

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
75,974
68,573
77,672

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
- -
- -
- -
- -
- -
Business
NIBE Industrier AB (publ) is a Swedish industrial company specializing in the development, manufacturing, marketing, and sale of energy-efficient solutions for indoor climate comfort and components and systems for intelligent heating and control. Founded in 1952 and headquartered in Markaryd, Sweden, NIBE operates globally, with key markets in the Nordic countries, the rest of Europe, North America, and internationally. The company operates through three main business areas: NIBE Climate Solutions, NIBE Element, and NIBE Stoves. NIBE Climate Solutions offers a broad portfolio of indoor climate products including heat pumps, ventilation systems, air conditioning, climate control systems, water heaters, accumulator tanks, district heating products, photovoltaic panels, domestic boilers, refrigeration systems, commercial washing machines, and tumble dryers, targeting homes, apartment buildings, hotels, hospitals, and commercial properties. NIBE Element provides components and solutions for heating and control, such as tubular, aluminum, foil, thick film, PTC, high-power ceramic elements, open spirals, tapes, heating cables, vacuum brazing, heat pump technology components, resistors, heat exchangers, temperature sensors, flexible hoses, and control equipment for a diverse range of sectors including domestic appliances, commercial kitchens, energy, transport, advanced technology, medical, aviation, and industrial projects. The NIBE Stoves segment markets free-standing wood-burning, gas, and electric stoves, heat-retaining products, chimney systems, and related accessories for residential and commercial customers. In the last 1-2 years, NIBE Industrier AB has made significant strategic acquisitions to expand its market presence and technological capabilities. Key acquisitions include the purchase of a 70% stake in Danish LS Control A/S in 2024, a company specializing in electronics for control and regulation in ventilation and heat pump industries, as well as medical technology and professional catering sectors. This acquisition enhances NIBE Element’s ability to offer integrated system solutions. Other recent acquisitions include Climate for Life (Netherlands, 2023), Ceramicx (Ireland, 2023), ELMESS-Klöpper Group (Germany, 2022), P.G.R. Partners (Belgium, 2023), and Heat Trace Engineering Solutions S.L. (Spain, 2024), broadening NIBE’s product and technology portfolio. NIBE also launched a direct-to-consumer channel and new training partnerships in 2025 to strengthen its market reach and support sustainable heating innovation. These strategic moves underscore NIBE's commitment to delivering sustainable energy solutions and expanding its global footprint across residential, commercial, and industrial segments. NIBE Industrier AB operates within the energy-efficient climate solutions and heating components industry, serving residential customers, commercial properties, and diverse industrial sectors across multiple continents with a strong emphasis on sustainability and innovation in thermal comfort technologies.

Company News

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