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Added to YB: 2024-06-07

Pitch date: 2024-06-03

NIBE-B.ST [bullish]

NIBE Industrier AB (publ)

-24.93%

current return

Author Info

No bio for this author

Company Info

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.

Market Cap

SEK 77.1B

Pitch Price

SEK 53.82

Price Target

N/A

Dividend

0.92%

EV/EBITDA

15.04

P/E

33.87

EV/Sales

2.31

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)