NIBE Industrier AB (publ) chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 17.17
Dividend & Yield0.50kr (0.54%)
Beta 1.37
Market capitalization 183.46B
Operating cash flow 2.16B
ESG Scores unknown

Company description

NIBE Industrier AB (publ), together with its subsidiaries, develops, manufactures, markets, and sells various energy-efficient solutions for indoor climate comfort, and components and solutions for intelligent heating and control in Nordic countries, rest of Europe, North America, and internationally. The company operates through three business areas: NIBE Climate Solutions, NIBE Element, and NIBE Stoves. The NIBE Climate Solutions business area offers indoor climate comfort products, such as heat pumps, ventilation products and air conditioning, climate control systems, water heaters and accumulator tanks, district heating products, PV panels, domestic boilers, commercial washing machines, and tumble dryers 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 open spirals and tapes, heating cables and jackets, vacuum brazing, heat pump technology, resistors, heat exchangers, temperature sensors, flexible hoses, and control equipment to domestic and household appliances; commercial products and professional kitchens; energy; transport; advanced technology; medicine; and aviation sectors, as well as industrial projects sectors. The NIBE Stoves business area offers free-standing, wood-burning, gas, and electric stoves; heat-retaining products; and chimney systems, as well as accessories. NIBE Industrier AB (publ) was founded in 1949 and is headquartered in Markaryd, Sweden.

Sector: Industrials - Industry: Building Products & Equipment

Financial Ratios
Quick Ratio1.08
Working Capital0.46
Return On Equity0.15
Debt To Equity0.29
Fixed Asset Ratio0.14
Fixed Interest Cover21.36

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities
Total Cashflows From Investing Activities -1.78B -1.62B -2.9B -2.01B
Net Borrowings 30M 198M -485M -718M
Total Cash From Financing Activities -500M -439M -1.19B -1.5B
Change To Operating Activities 55M -157M 481M 994M
Issuance Of Stock
Net Income 2.07B 2.17B 2.87B 3.32B
Change In Cash -233M 982M 623M -48M
Effect Of Exchange Rate 157M 86M -307M 202M
Total Cash From Operating Activities 1.89B 2.96B 5.02B 3.26B
Depreciation 691M 1.04B 1.24B 1.3B
Change To Account Receivables -285M -284M 555M -567M
Other Cashflows From Financing Activities -1M 18M -1M -3M
Change To Netincome -113M 242M 21M 133M
Capital Expenditures -578M -775M -893M -1.02B

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 2.67B 2.84B 3.66B 4.32B
Net Income 2.07B 2.17B 2.87B 3.32B
Selling General Administrative 4.87B 5.47B 5.78B 6.21B
Gross Profit 7.46B 8.31B 8.97B 10.2B
Ebit 2.73B 2.96B 3.32B 4.19B
Operating Income 2.73B 2.96B 3.32B 4.19B
Interest Expense -160M -210M -217M -196M
Income Tax Expense 595M 652M 735M 940M
Total Revenue 22.52B 25.34B 27.15B 30.83B
Cost Of Revenue 15.05B 17.04B 18.17B 20.63B
Total Other Income ExpenseNet -60M -124M 339M 132M
Net Income From Continuing Ops 2.07B 2.18B 2.92B 3.38B
Net Income Applicable To Common Shares 2.07B 2.17B 2.87B 3.32B

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 16.87B 19.62B 20.6B 21.74B
Total Stockholder Equity 15.41B 17.51B 17.59B 21.44B
Other Current Liabilities 1.5B 1.79B 2.46B 2.6B
Total Assets 32.29B 37.23B 38.34B 43.39B
Common Stock 79M 79M 79M 79M
Other Current Assets 17M 18M 38M 20M
Retained Earnings 9.41B 10.77B 12.95B 15.59B
Treasury Stock 1.1B 1.84B -254M 954M
Cash 3.02B 3.94B 4.59B 4.52B
Total Current Liabilities 5.54B 7.21B 9.44B 8.98B
Other Stockholder Equity 1.1B 1.84B -254M 954M
Property, Plant, and Equipment 3.41B 4.96B 5.35B 6.13B
Total Current Assets 11.26B 12.97B 13.37B 16.27B
Net Tangible Assets -1.62B -1.19B -1.37B 1.07B
Net Receivables 3.73B 4.13B 3.87B 4.58B
Accounts Payable 1.65B 1.82B 2B 2.82B


Insider Transactions

Here are the insider transactions of stock shares related to NIBE Industrier AB (publ):

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to NIBE Industrier AB (publ). You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on NIBE Industrier AB (publ)

Here is the result of two systematic investment strategies applied to NIBE Industrier AB (publ). The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on NIBE Industrier AB (publ)

The following chart shows the equity curve of the two systematic investment strategies applied to NIBE Industrier AB (publ):

NIBE Industrier AB (publ) automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -27.88% on the backtest period.

Performance at glance

Performance

-27.88 %

Latent gain

-151.85 kr

Invested capital

544.7 kr

Annualized return

-37.68 %
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Momentum strategy results on NIBE Industrier AB (publ)

This is the result of two momentum investment strategies applied to NIBE Industrier AB (publ). The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on NIBE Industrier AB (publ)

The following chart shows all the entries opened by the momentum investment system on NIBE Industrier AB (publ):

NIBE Industrier AB (publ) momentum entries
  • The first momentum investment strategy would give -12.43% of return on NIBE Industrier AB (publ). That represents -92.95kr of latent gain with 747.7kr of employed capital.
  • The second momentum investment strategy would give 14.64% of return on NIBE Industrier AB (publ). That represents 66.9kr of latent gain with 456.9kr of employed capital.
Performance at glance (1Q Momentum)

Performance

-12.43 %

Latent gain

-92.95 kr

Invested capital

747.7 kr

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

14.64 %

Latent gain

66.9 kr

Invested capital

456.9 kr

Annualized return

56.31 %

Momentum equity curve on NIBE Industrier AB (publ)

The following chart shows the equity curve of the two momentum strategies applied to NIBE Industrier AB (publ):

NIBE Industrier AB (publ) momentum equity

Note: the dividends potentially given by NIBE Industrier AB (publ) are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on NIBE Industrier AB (publ)

The following chart shows the employed capital evolution of the two momentum strategies on NIBE Industrier AB (publ) since the beginning:

NIBE Industrier AB (publ)

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250kr, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000kr.


Buy the dip strategy result on NIBE Industrier AB (publ)

Buy the dip entry openings on NIBE Industrier AB (publ)

NIBE Industrier AB (publ)

The performance achieved by the robo-advisor on NIBE Industrier AB (publ) is 0%. That represents 0.0$ of latent gain with 0.0kr of employed capital. The following chart shows NIBE Industrier AB (publ) stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of NIBE Industrier AB (publ), and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 kr

Invested capital

0.0 kr

Annualized return

-0.0 %

Equity curve of the strategy applied to NIBE Industrier AB (publ)

The following chart shows the result of the investment strategy applied to NIBE Industrier AB (publ):

NIBE Industrier AB (publ)

Note: the dividends potentially given by NIBE Industrier AB (publ) are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on NIBE Industrier AB (publ)

The following chart shows the employed capital evolution since the beginning of the investment strategy on NIBE Industrier AB (publ):

NIBE Industrier AB (publ)

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on NIBE Industrier AB (publ)

In this section, I will compare the three previous investment strategies applied to NIBE Industrier AB (publ).

Equity curve comparison on NIBE Industrier AB (publ)

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

NIBE Industrier AB (publ) investment strategy comparison

Employed capital comparison on NIBE Industrier AB (publ)

NIBE Industrier AB (publ) investment comparison

Performance comparison on NIBE Industrier AB (publ)

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -27.88% -151.85kr 544.7kr -37.68%
Momentum 1 quarter -12.43% -92.95kr 747.7kr -24.86%
Momentum 2 quarters 14.64% 66.9kr 456.9kr 56.31%
Non-directional 0% 0.0kr 0.0kr -0.0%
Annualized return comparison

Automatic investment

-37.68 %

Momentum 1Q

56.31 %

Momentum 2Q

56.31 %

Non-directional

-0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with NIBE Industrier AB (publ):

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between NIBE Industrier AB (publ) and the other stocks. There may be false positives or some missing correlated stocks. If the price of NIBE Industrier AB (publ) does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name NIBE Industrier AB (publ)
Country Sweden
City Markaryd
Address Hannabadsvägen 5
Phone 46 4 33 27 30 00
Website www.nibe.com
FullTime employees 20400
Industry Building Products & Equipment
Sector Industrials
Exchange XSTO
Ticker NIBE-B.XSTO
Market www.nasdaqomxnordic.com

NIBE Industrier AB (publ) ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown