Company Valuation: NIBE Industrier AB

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 1,35,933 2,75,697 1,95,760 1,42,738 87,175 70,582 70,582 -
Change - 102.82% -28.99% -27.09% -38.93% -19.03% 0% -
Enterprise Value (EV) 1 1,41,799 2,81,271 2,02,300 1,59,976 1,06,279 87,964 84,691 81,491
Change - 98.36% -28.08% -20.92% -33.57% -17.23% -3.72% -3.78%
P/E ratio 47.4x 82.9x 45x 29.9x 74.6x 31.5x 21x 18.8x
PBR 7.73x 12.9x 7.01x 4.73x 2.72x 2.23x 2.15x 1.98x
PEG - 5.2x 1.5x 3.08x -1x 0.3x 0.5x 1.6x
Capitalization / Revenue 5.01x 8.94x 4.89x 3.06x 2.15x 1.76x 1.67x 1.56x
EV / Revenue 5.22x 9.12x 5.05x 3.43x 2.62x 2.15x 2x 1.8x
EV / EBITDA 29.8x 49x 27.5x 18.3x 20.1x 13.8x 11.7x 10.3x
EV / EBIT 40.2x 63.4x 34.5x 22.9x 32.9x 20.7x 16.7x 14.4x
EV / FCF 36.2x 139x 368x -7,272x 59.6x 28.6x 22.8x 21.7x
FCF Yield 2.76% 0.72% 0.27% -0.01% 1.68% 3.5% 4.38% 4.6%
Dividend per Share 2 0.3875 0.5 0.65 0.65 0.3 0.3809 0.4902 0.5722
Rate of return 0.57% 0.37% 0.67% 0.92% 0.69% 1.09% 1.4% 1.63%
EPS 2 1.422 1.65 2.16 2.37 0.58 1.13 1.671 1.863
Distribution rate 27.2% 30.3% 30.1% 27.4% 51.7% 32.4% 29.3% 30.7%
Net sales 1 27,146 30,832 40,071 46,649 40,521 40,841 42,240 45,320
EBITDA 1 4,764 5,735 7,347 8,745 5,275 6,441 7,230 7,905
EBIT 1 3,527 4,438 5,863 6,973 3,226 4,303 5,083 5,646
Net income 1 2,866 3,320 4,351 4,785 1,173 2,277 3,378 3,875
Net Debt 1 5,866 5,574 6,540 17,238 19,104 17,381 14,108 10,909
Reference price 2 67.42 136.75 97.10 70.80 43.24 35.01 35.01 35.01
Nbr of stocks (in thousands) 20,16,066 20,16,066 20,16,066 20,16,066 20,16,066 20,16,066 20,16,066 -
Announcement Date 17/02/21 17/02/22 15/02/23 16/02/24 14/02/25 12/02/26 - -
1SEK in Million2SEK
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
30.23x2.18x14.01x1.07% 773.13Cr
29.59x4.25x20.73x0.89% 9.66TCr
29.49x3.68x20.33x1.16% 8.4TCr
25.45x2.76x13.08x1.72% 5.05TCr
21.57x1.15x8.25x1.68% 3.64TCr
21.9x3.5x15.54x0.96% 1.84TCr
31.46x1.97x18.64x3.29% 1.53TCr
17.88x2.58x11.91x2.01% 995.96Cr
46.67x4.6x23.7x0.43% 753.06Cr
28.76x2.11x16.58x1.12% 730.95Cr
Average 28.30x 2.88x 16.28x 1.43% 3.34TCr
Weighted average by Cap. 27.76x 3.26x 17.29x 1.32%

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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