Company Valuation: NIBE Industrier AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 275,697 195,760 142,738 87,175 71,812 73,163 - -
Change - -28.99% -27.09% -38.93% -17.62% 1.88% - -
Enterprise Value (EV) 1 281,271 202,300 159,976 106,279 88,911 87,650 84,757 82,187
Change - -28.08% -20.92% -33.57% -16.34% -1.42% -3.3% -3.03%
P/E 82.9x 45x 29.9x 74.6x 31.5x 23.1x 19.4x 17.5x
PBR 12.9x 7.01x 4.73x 2.72x 2.37x 2.21x 2.04x 1.88x
PEG - 1.5x 3.08x -1x 0.3x 0.6x 1x 1.7x
Capitalization / Revenue 8.94x 4.89x 3.06x 2.15x 1.76x 1.7x 1.58x 1.48x
EV / Revenue 9.12x 5.05x 3.43x 2.62x 2.18x 2.04x 1.83x 1.67x
EV / EBITDA 49x 27.5x 18.3x 20.1x 13.8x 12.1x 10.6x 9.57x
EV / EBIT 63.4x 34.5x 22.9x 32.9x 20.7x 17.4x 14.7x 13x
EV / FCF 139x 368x -7,272x 59.6x 43.8x 22x 20.1x 17.5x
FCF Yield 0.72% 0.27% -0.01% 1.68% 2.28% 4.54% 4.98% 5.72%
Dividend per Share 2 0.5 0.65 0.65 0.3 0.35 0.4803 0.58 0.6454
Rate of return 0.37% 0.67% 0.92% 0.69% 0.98% 1.32% 1.6% 1.78%
EPS 2 1.65 2.16 2.37 0.58 1.13 1.568 1.872 2.07
Distribution rate 30.3% 30.1% 27.4% 51.7% 31% 30.6% 31% 31.2%
Net sales 1 30,832 40,071 46,649 40,521 40,841 42,990 46,297 49,331
EBITDA 1 5,735 7,347 8,745 5,275 6,441 7,220 7,970 8,589
EBIT 1 4,438 5,863 6,973 3,226 4,303 5,033 5,775 6,316
Net income 1 3,320 4,351 4,785 1,173 2,277 3,257 3,906 4,347
Net Debt 1 5,574 6,540 17,238 19,104 17,099 14,487 11,594 9,024
Reference price 2 136.75 97.10 70.80 43.24 35.62 36.29 36.29 36.29
Nbr of stocks (in thousands) 2,016,066 2,016,066 2,016,066 2,016,066 2,016,066 2,016,066 - -
Announcement Date 17/02/22 15/02/23 16/02/24 14/02/25 12/02/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.14x2.04x12.14x1.32% 7.55B
31.59x4.54x22.1x0.87% 104B
30.31x3.76x20.45x1.14% 86.46B
31.54x2.94x14.07x1.43% 55.39B
24.4x1.33x9.66x1.47% 41.88B
21.56x3.43x15.41x0.99% 18.44B
29.35x1.82x17.01x3.26% 14.44B
45.78x4.39x25.44x - 8.65B
15.77x2.15x10.38x2.46% 8.1B
26.61x2x15.45x1.19% 7.35B
Average 28.01x 2.84x 16.21x 1.57% 35.21B
Weighted average by Cap. 29.50x 3.38x 17.85x 1.26%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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