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NIBE Industrier AB (NIBE-B) Fair Value & Analysis

Industrials · SE · Market cap 71.7B SEK

NI NIBE Industrier AB NIBE-B · ST
Pricekr 36.92
Fair Valuekr 25.37
Upside-31.3%
Quality51/100
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Evidence: High Range kr 16.64 – kr 33.52 📤 Share as image

Fair value as of: Jul 15, 2026

From 26 valuation models · updated 6 days ago

Fair value updated Jul 15, 2026, revised from kr 26.82 to kr 25.37 (−5.4%) since Jun 24, 2026. Share price +5.0% over the past month.

Price vs Fair Value (12 months)

kr 46.06 kr 31.60 Fair Value kr 25.37 Jul 2025 Jul 2026

12‑month range kr 31.60 – kr 46.06 · fair‑value band kr 16.64 – kr 33.52 · the kr 36.92 price screens above the kr 25.37 fair value. As of Jul 15, 2026.

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Analysis

NIBE Industrier AB (NIBE-B) currently trades at kr 36.92, while our model-based Fair Value estimate is kr 25.37, implying the stock looks roughly 31.3% overvalued today. We read business quality at 51/100 (solid quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, NIBE Industrier AB generated revenue of 40.8B SEK at a net margin of 5.9%. Revenue declined 0.2% year over year. It earns a return on equity of 7.8%. Net debt stands at 17.0B SEK. Fundamentals as of Jul 15, 2026

Our scenario range runs from kr 16.64 (bear case) to kr 33.52 (bull case); at kr 36.92, the current price sits above that range. The share trades about 21% below its 52-week high and 19% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -44% fair-value upside, at -31%, NIBE-B screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 40.8B SEK
Revenue growth (YoY) -0.2%
Net margin 5.9%
Return on equity 7.8%
Free cash flow 4.9B SEK FY2025
P/E ratio 29.9
More key figures
Operating margin 9.0%
EPS (TTM) kr 1.19
Dividend yield 1.0%
EPS growth (YoY) +28.8%
Net debt 17.0B SEK FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 15, 2026. TTM = trailing twelve months.

About the company

NIBE Industrier AB (publ), together with its subsidiaries, develops, manufactures, markets, and sells energy-efficient solutions for indoor climate comfort, and components and solutions for intelligent heating and control. It operates through NIBE Climate Solutions, NIBE Element, and NIBE Stoves business areas. The NIBE Climate Solutions business area offers indoor climate comfort products, such as heat pumps, water heaters, refrigeration systems, accumulator tanks, ventilation systems, climate control systems, and district heating products for homes, apartment blocks, and commercial properties. The NIBE Element business area provides various components and solutions for heating and control, which include tubular, aluminum, foil, thick film, PTC, high-power, and ceramic elements, as well as opena spirals and tapes, heating cables and jackets, vacuum brazing, heat pump technology, resistors, heat exchangers, temperature sensors, heating cables, flexible hoses, and control equipment …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

NIBE Industrier AB reported revenue of kr 40.8B in FY2025 versus kr 30.8B in FY2021, a compound +7.3%/yr. Reported net income was kr 2.3B in FY2025, compounding −9.0%/yr from FY2021.

Revenue +7.3%/yr
FY21 kr 30.8B
FY22 kr 40.1B
FY23 kr 46.6B
FY24 kr 40.5B
FY25 kr 40.8B
Net income −9.0%/yr
FY21 kr 3.3B
FY22 kr 4.4B
FY23 kr 4.8B
FY24 kr 1.2B
FY25 kr 2.3B

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Cite: Fair Value Calculator (2026). "NIBE Industrier AB Fair Value". https://www.fairvalue-calculator.com/stock/NIBE-B

Recent news

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Frequently asked questions

Is NIBE Industrier AB (NIBE-B) undervalued?
As of Jul 15, 2026, our model estimates a fair value of kr 25.37 versus a price of kr 36.92, about −31% (overvalued). Model-based estimate, not financial advice.
What is the fair value of NIBE-B?
Our model-based fair value for NIBE Industrier AB is kr 25.37 (as of Jul 15, 2026), built from audited fundamentals. The current price is kr 36.92.
What is the quality score of NIBE-B?
NIBE Industrier AB has a Quality Score of 51/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of NIBE Industrier AB (NIBE-B)?
NIBE Industrier AB reported trailing-twelve-month revenue of about 40.8B SEK (latest available figure, as of Jul 15, 2026).
What is the net profit margin of NIBE-B?
The net profit margin of NIBE Industrier AB is about 5.9%, meaning it keeps roughly 5.9% of revenue as net income. Based on the latest reported figures.
Does NIBE Industrier AB pay a dividend?
NIBE Industrier AB currently shows a dividend yield of about 0.95% relative to its recent price (as of Jul 15, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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