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Added to YB: 2024-06-07

Pitch date: 2024-06-03

NIBE-B.ST [bullish]

NIBE Industrier AB (publ)

-33.87%

current return

Author Info

No bio for this author

Company Info

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.

Market Cap

SEK 69.2B

Pitch Price

SEK 53.45

Price Target

N/A

Dividend

0.87%

EV/EBITDA

18.70

P/E

58.97

EV/Sales

2.18

Sector

Building Products

Category

turnaround

Show full summary:
Protean Funds New Position: NIBE Industrier AB

NIBE-B.ST: Heat pump maker -52% YTD on high valuation, competition, inventory & demand fears. But energy efficiency tailwinds remain, distributor network an edge. Upside if inventories normalize & incentives kick in. Using call spreads to limit downside if wrong. 6mo horizon.

Read full article (1 min)