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 2,75,697 1,95,760 1,42,738 87,175 71,812 73,990 - -
Change - -28.99% -27.09% -38.93% -17.62% 3.03% - -
Enterprise Value (EV) 1 2,81,271 2,02,300 1,59,976 1,06,279 88,911 88,477 85,584 83,014
Change - -28.08% -20.92% -33.57% -16.34% -0.49% -3.27% -3%
P/E 82.9x 45x 29.9x 74.6x 31.5x 23.4x 19.6x 17.7x
PBR 12.9x 7.01x 4.73x 2.72x 2.37x 2.24x 2.06x 1.9x
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 1.72x 1.6x 1.5x
EV / Revenue 9.12x 5.05x 3.43x 2.62x 2.18x 2.06x 1.85x 1.68x
EV / EBITDA 49x 27.5x 18.3x 20.1x 13.8x 12.3x 10.7x 9.67x
EV / EBIT 63.4x 34.5x 22.9x 32.9x 20.7x 17.6x 14.8x 13.1x
EV / FCF 139x 368x -7,272x 59.6x 43.8x 22.2x 20.3x 17.7x
FCF Yield 0.72% 0.27% -0.01% 1.68% 2.28% 4.49% 4.94% 5.66%
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% 1.31% 1.58% 1.76%
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 36.70 36.70 36.70
Nbr of stocks (in thousands) 20,16,066 20,16,066 20,16,066 20,16,066 20,16,066 20,16,066 - -
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
23.4x2.06x12.25x1.31% 767.64Cr
31.6x4.54x22.11x0.87% 10TCr
29.81x3.73x20.29x1.15% 8.57TCr
31.36x3.01x14.43x1.39% 5.71TCr
24.38x1.33x9.65x1.47% 4.2TCr
22.13x3.52x15.8x0.96% 1.89TCr
29.38x1.81x16.97x3.26% 1.44TCr
48.3x4.62x26.77x0.36% 912.66Cr
15.79x2.15x10.4x2.45% 811.12Cr
27.39x2.06x15.91x1.16% 761.14Cr
Average 28.35x 2.88x 16.46x 1.44% 3.54TCr
Weighted average by Cap. 29.48x 3.39x 17.92x 1.23%

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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