NIBE Industrier AB (publ) (NIABY) Stock Analysis
Educational signal · not a buy or sell recommendation · How to read this
P/E 34.07 means the share price is 34.07 times one year of earnings per share; the S&P 500 usually sits near 20-25. Market cap $9.19B is the value of all shares combined.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gpt-4o-mini, generated Jun 14, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerNIBE Industrier AB (publ) (NIABY) trades at $4.56. NIBE Industrier AB (publ) is a Swedish company specializing in energy-efficient systems for indoor climate comfort, operating across multiple international markets. Market cap: $9.19B, Sector: Industrials.
Price as of Sep 11, 2026 · Last analyzed: Jun 14, 2026Analyst Coverage for NIABY: NIABY does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates NIABY against Industrials peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
No score published: this stock trades under $10,000 on a typical day, so the price beside it is not one you could reliably act on.
NIABY: the 2 scored disciplines are evenly split. Dominant signal: Seth Klarman bearish.
How is this calculated? →AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
NIBE Industrier AB (publ) (NIABY) Industrial Operations Profile
NIBE Industrier AB (publ) stands as a leader in energy-efficient indoor climate solutions, offering a diverse range of products across three segments, catering to residential and commercial markets globally.
What Is the Investment Thesis for NIABY?
NIBE Industrier AB (publ) is poised for growth driven by increasing global demand for energy-efficient heating and climate control solutions. With a market capitalization of $9.19B and a P/E ratio of 34.07, the company showcases a solid profit margin of 5.9% and a gross margin of 31.8%. Key growth catalysts include the expansion of the NIBE Climate Solutions segment, which is well-positioned to capitalize on the growing trend towards sustainable energy solutions. Additionally, the company's diversified product offerings across residential and commercial sectors provide a competitive edge. However, potential risks include fluctuations in raw material costs and regulatory changes impacting the construction industry.
Based on FMP financials and quantitative analysis
NIABY Key Highlights
Market cap of $9.19B reflects strong market position in energy-efficient systems.
- P/E ratio of 34.07 indicates investor confidence in future earnings growth.
- Profit margin of 5.9% suggests effective cost management and operational efficiency.
- Gross margin of 31.8% exceeds industry averages, highlighting product competitiveness.
- Dividend yield of 0.96% provides a steady return for shareholders.
Who Are NIABY's Competitors?
NIABY is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| BLHWF BELIMO Holding AG | $1200.00 | 0.00% | $14.8B | — |
| SCTBY Securitas AB (publ) | $15.86 | +1.50% | $9.08B | — |
| RATIY Rational AG | $36.14 | 0.00% | $8.22B | — |
| FPRUF Fraport AG | $84.91 | 0.00% | $7.85B | — |
| YOKEY Yokogawa Electric Corporation | $60.94 | 0.00% | $7.76B | — |
| WMS Advanced Drainage Systems, Inc. | $127.16 | -3.51% | $9.75B | 695-pillar |
| OC Owens Corning | $127.49 | -0.92% | $10.3B | 475-pillar |
| SSD Simpson Manufacturing Co., Inc. | $173.33 | +0.52% | $7.13B | 835-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are NIABY's Key Strengths?
Strong market presence in energy-efficient systems.
- Diverse product offerings across multiple segments.
- Commitment to sustainability and innovation.
- Experienced management team with industry expertise.
What Are NIABY's Weaknesses?
Dependence on European markets for a significant portion of revenue.
- Higher operational costs due to extensive R&D investments.
- Vulnerability to fluctuations in raw material prices.
- Limited brand recognition outside of Europe and North America.
What Are the Key Risks for NIABY?
Regulatory changes impacting the energy efficiency standards.
- Fluctuations in raw material costs affecting profit margins.
- Intense competition from established players in the energy-efficient market.
- Economic downturns reducing consumer spending on energy-efficient upgrades.
What Are the Growth Opportunities for NIABY?
- Growth opportunity 1: The global heat pump market is expected to grow at a CAGR of 10% from 2026 to 2030, driven by increasing demand for energy-efficient heating solutions. NIBE's established presence in this segment allows it to leverage its expertise and product range to capture significant market share.
- Growth opportunity 2: The rising trend of smart home technology presents an opportunity for NIBE to integrate its climate control systems with smart home devices, enhancing user experience and energy efficiency.
- Growth opportunity 3: NIBE's expansion into North America is a strategic move to tap into a growing market for energy-efficient solutions. With increasing regulatory support for sustainable practices, NIBE is well-positioned to grow its footprint in this region over the next five years.
- Growth opportunity 4: The increasing focus on renewable energy sources, such as solar panels, presents an opportunity for NIBE to enhance its product offerings in the renewable energy segment. The global solar energy market is projected to grow to $223 billion by 2026, providing a substantial growth avenue.
- Growth opportunity 5: The commercial sector's shift towards energy-efficient solutions is accelerating, with businesses seeking to reduce operational costs. NIBE's comprehensive solutions for commercial-grade heating and cooling systems position it to benefit from this trend, particularly in the hospitality and healthcare sectors.
What Threats Does NIABY Face?
- Intense competition from established players in the industry.
- Regulatory changes impacting the construction and energy sectors.
- Economic downturns affecting consumer spending on home improvements.
- Technological advancements by competitors potentially outpacing NIBE.
What Are NIABY's Competitive Advantages?
- Strong brand recognition in the energy-efficient systems market.
- Diverse product portfolio catering to various customer segments.
- Established relationships with suppliers and distributors.
- Commitment to innovation and sustainability enhancing competitive edge.
What Does NIABY Do?
Founded in 1949 and headquartered in Markaryd, Sweden, NIBE Industrier AB (publ) has evolved into a significant player in the energy-efficient systems sector. The company specializes in developing, manufacturing, and marketing solutions that enhance indoor climate comfort. NIBE operates through three primary business segments: NIBE Climate Solutions, which provides heat pumps, ventilation systems, and climate control solutions; NIBE Element, which focuses on advanced heating and control technology components; and NIBE Stoves, offering a variety of heating appliances. With a workforce of approximately 19,597 employees, NIBE has established a robust presence in the Nordic countries, Europe, North America, and other international markets. The company's commitment to innovation and sustainability positions it well within the growing demand for energy-efficient solutions, as more consumers and businesses seek to reduce energy consumption and improve indoor air quality.
What Products and Services Does NIABY Offer?
- Develop energy-efficient heating and climate control systems.
- Manufacture heat pumps, ventilation, and air conditioning products.
- Provide advanced components for intelligent heating and control.
- Offer a range of heating appliances, including stoves and boilers.
- Market solutions for residential and commercial properties.
- Focus on sustainability and reducing energy consumption.
How Does NIABY Make Money?
- Generate revenue through the sale of energy-efficient heating systems.
- Offer a diverse portfolio of products across three business segments.
- Leverage innovation and technology to enhance product offerings.
- Expand into international markets to increase sales volume.
- Provide after-sales services and support to enhance customer satisfaction.
What Industry Does NIABY Operate In?
The construction industry is increasingly focusing on sustainability and energy efficiency, driven by regulatory pressures and consumer demand for greener solutions. NIBE Industrier AB (publ) operates in a competitive landscape with key players such as BELIMO Holding AG, Securitas AB (publ), Rational AG, Fraport AG, and Yokogawa Electric Corporation. The global market for energy-efficient heating systems is projected to grow significantly, fueled by advancements in technology and increasing awareness of climate change. NIBE's comprehensive product offerings position it favorably to capture a larger share of this expanding market.
Who Are NIABY's Key Customers?
- Residential homeowners seeking energy-efficient heating solutions.
- Commercial property owners looking for climate control systems.
- Construction companies requiring advanced heating components.
- Industrial clients in need of specialized heating solutions.
- Government and regulatory bodies promoting energy efficiency.
Research confidence
Enough evidence to be useful, with gaps worth knowing about.
- ● Scoring coverage unknown
- ● Price is current
- ● Latest filing 73 days ago
- ● No analyst coverage
- ● Reported in SEK, converted to USD
MoonshotScore History
Recorded daily since 2026-08-23 · 20 snapshots
| 2026-08-23 | 48 |
| 2026-08-27 | 48 |
| 2026-08-31 | 48 |
| 2026-09-04 | 48 |
| 2026-09-08 | 48 |
| 2026-09-11 | 48 |
What changed?
The score has stayed at 48.
Over the same 19 days the stock moved +12.8%.
Financial Health
NIBE Industrier AB (publ)'s Piotroski F-Score is 8/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of 2.45 places it in the grey zone, a middle ground that warrants monitoring.
Quarterly Financial Performance: NIBE Industrier AB (publ)
Revenue for NIBE Industrier AB (publ) came in at $1.15B during Q2 FY2026, a 15.9% improvement versus the preceding quarter. The company recorded net income of $79.9M, with diluted EPS of $0.04. Quarter-over-quarter revenue has been mixed, typical for a mid-cap company operating in Industrials. Across the four most recent quarters, NIABY averaged $0.03 in diluted EPS.
NIABY Valuation & Market Position
With a $9.19B market cap, NIBE Industrier AB (publ) sits in the mid-cap segment of the market.
Key Financial Metrics
Return on equity for NIBE Industrier AB (publ) stands at 7.8%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 3.6%, showing how much profit it generates from its asset base. NIABY trades at a trailing price-to-earnings ratio of 34.07, above the Industrials sector average of ~28.00x. A current ratio of 1.60 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 3.3%, the inverse of the P/E and a quick read on earnings relative to price.
Company Profile
NIBE Industrier AB (publ) operates in the Industrial - Machinery industry within the Industrials sector. It is headquartered in Markaryd, SE. The company is led by CEO Gerteric Lindquist. NIABY has traded publicly since 2022.
NIABY Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Strong market presence in energy-efficient systems.
- Diverse product offerings across multiple segments.
- Commitment to sustainability and innovation.
- Experienced management team with industry expertise.
Bear Case
- Dependence on European markets for a significant portion of revenue.
- Higher operational costs due to extensive R&D investments.
- Vulnerability to fluctuations in raw material prices.
- Limited brand recognition outside of Europe and North America.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · June 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q2 FY2026 | $1.15B | $80M | $0.04 |
| Q1 FY2026 | $996M | $52M | $0.03 |
| Q4 FY2025 | $1.14B | $81M | $0.04 |
| Q3 FY2025 | $1.04B | $63M | $0.03 |
Q2 FY2026 · filed 30 Jun 2026 · Financial Modeling Prep
Based on FMP financials and quantitative analysis · Converted to USD from SEK at today's rate
NIABY Latest News
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NIBE Industrier AB (NDRBF) (Q2 2026) Earnings Call Highlights: Sixth Consecutive Quarter of ...
Yahoo! Finance: NIABY News · Aug 21, 2026
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Nibe Industrier Shares Rise as Heat Pumps, Data Centers Drive Sales Growth
wsj.com · Aug 21, 2026
NIABY Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for NIABY.
Price Targets
Wall Street price target analysis for NIABY.
NIABY MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for NIABY; grades run from A+ (80-100) to F (below 30).
Leadership: Gerteric Lindquist
CEO
Gerteric Lindquist has been at the helm of NIBE Industrier AB for several years, bringing extensive experience in the energy sector. He holds a degree in engineering and has previously held various leadership roles within the company, contributing to its growth and innovation strategies.
Track Record: Under Lindquist's leadership, NIBE has expanded its product offerings and entered new markets, significantly increasing its global presence. His strategic focus on sustainability has positioned the company as a leader in energy-efficient solutions.
NIBE Industrier AB (publ) ADR Information Unsponsored
An American Depositary Receipt (ADR) allows U.S. investors to buy shares in foreign companies. NIABY operates as a Level I ADR, which means it is traded on the OTC market and represents shares of NIBE Industrier AB from the Swedish stock exchange.
- Home Market Ticker: NIAB is traded on the Stockholm Stock Exchange in Sweden.
- ADR Level: 1
- ADR Ratio: 1:1
- Home Market Ticker: NIAB
NIABY OTC Market Information
The OTC Other tier includes stocks that do not meet the requirements for listing on major exchanges like the NYSE or NASDAQ. These stocks may have less stringent reporting and regulatory requirements, which can affect transparency and investor confidence.
- OTC Tier: OTC Other
- Lower liquidity compared to stocks on major exchanges.
- Potential for higher volatility due to limited trading volume.
- Less stringent reporting requirements may affect transparency.
- Currency risk associated with trading foreign stocks.
- Review recent financial statements and performance metrics.
- Understand the company's market position and competitive landscape.
- Assess the impact of currency fluctuations on investment.
- Examine any regulatory risks associated with the industry.
- Verify the legitimacy of the company's operations and management.
- Established history and reputation in the energy-efficient systems market.
- Transparent financial reporting and disclosures.
- Strong corporate governance practices.
- Recognition and certifications in sustainability initiatives.
What Investors Ask About NIBE Industrier AB (publ) (NIABY) — Industrials
Is NIABY a good stock?
Stock Expert AI does not rate NIABY buy, sell or hold. NIBE Industrier AB (publ) has no MoonshotScore yet; read the financial checkup, analyst consensus and risks directly. Whether it fits is your call: check what it sells, whether it earns, what the price assumes, and what would prove you wrong.
What does NIBE Industrier AB (publ) do?
NIBE Industrier AB (publ) specializes in developing and manufacturing energy-efficient systems for indoor climate comfort. The company operates through three segments: NIBE Climate Solutions, which includes heat pumps and ventilation systems; NIBE Element, providing advanced heating components; and NIBE Stoves, offering various heating appliances. With a strong focus on sustainability, NIBE caters to both residential and commercial markets.
What are the key factors to evaluate for NIABY?
Evaluate NIABY on fundamentals, analyst consensus, and risk factors. P/E: 34.07x vs the S&P 500's ~20-25x. NIBE Industrier AB (publ) is poised for growth driven by increasing global demand for energy-efficient heating and climate control solutions. Not financial advice.
How frequently does NIABY data refresh on this page?
NIABY's price was last updated on Sep 11, 2026 and refreshes on page view during U.S. market hours; the quote is a provider snapshot, not an exchange feed. Fundamentals follow quarterly filings. V2 calculations are scheduled daily at 10:15 UTC; the score's own date shows its last successful run.
What has driven NIABY's recent stock price performance?
NIBE Industrier AB (publ) (NIABY) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong market presence in energy-efficient systems. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider NIABY overvalued or undervalued right now?
NIBE Industrier AB (publ) (NIABY) trades at 34.07x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Can I buy fractional shares of NIABY?
Yes, most major brokerages offer fractional shares of NIBE Industrier AB (publ) (NIABY) with no minimum purchase requirement. This means you can invest any dollar amount regardless of the share price. Check your brokerage platform for specific terms, fees, and fractional share availability.
How can I track NIABY's earnings and financial reports?
NIBE Industrier AB (publ) (NIABY) reports quarterly earnings approximately 4-6 weeks after each fiscal quarter ends. You can track earnings dates, revenue and EPS estimates, and actual results on this page's Financials tab. Earnings surprises (beats or misses) often cause significant short-term price moves. Your brokerage can send alerts for NIABY earnings announcements.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- Data is based on the latest available information and may be subject to change.