The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

NIBE-B.ST

Concerning the House

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 to domestic and household appliances; professional kitchens and the refrigeration industry; energy; transport; and advanced technology, as well as aviation sectors. The NIBE Stoves business area offers free-standing, wood-burning, gas, and electric stoves; heat-retaining products; and chimney systems, as well as inserts, fireplace cassettes, outdoor stoves, and accessories. It operates in Nordic countries, rest of Europe, North America, and internationally. The company was founded in 1949 and is headquartered in Markaryd, Sweden.

Sweden · www.nibe.com

The Ledger
LineMar 2025Jun 2025Sep 2025Dec 2025
Revenue$9.67B$10.08B$10.09B$11.00B
Gross profit$2.87B$3.05B$3.25B$3.69B
Operating income$782.00M$944.00M$1.14B$1.26B
Net income$392.00M$492.00M$609.00M$784.00M
Diluted EPS0.190.240.300.39
Free cash flow$243.00M$366.00M$2.30B$326.00M
Quotation

$38.37

-0.54 (-1.4%)

52w hi$45.66
52w lo$31.60
Vol4.25M
As ofAug 13
The Verdict

Hold

Our score -0.11

Short-0.03
Medium-0.10
Long-0.26

computed 2026-08-13

By the Numbers

NIBE Industrier AB (publ)

Industrials · Building Products & Equipment

Market cap$77.36B
Enterprise value$95.70B
Trailing P/E32.24x
Forward P/E22.70x
EV / EBITDA18.09x
P / S (ttm)1.90x
Profit margin5.9%
Return on equity7.8%
Revenue growth-0.2%
Earnings growth+28.8%
Debt / equity71.99
Risk Metrics
Beta vs SPX0.36
Corr SPX0.14
Annual vol41.2%
Annual ret+7.7%
Sharpe0.19
Max DD-40.9%

Window: 504 trading days (490 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.08
Sector+0.07
Technical+0.00
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$39.00$39.16$38.19$38.374.25M
Aug 12$39.30$39.54$38.54$38.914.85M
Aug 11$39.81$39.87$38.92$39.263.86M
Aug 10$40.21$40.45$39.76$39.933.84M
Aug 7$40.00$40.45$39.53$40.144.10M