NIBE Industrier AB (MIL:1NIBE) Accumulated Depreciation: € Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIL:1NIBE NIBE Industrier AB MIL:1NIBE
60 GF Score
Price €3.76
GF Value €3.89
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is NIBE Industrier AB Accumulated Depreciation?

NIBE Industrier AB MIL:1NIBE 60 Accumulated Depreciation is € Mil as of Jun. 2026. GuruFocus rates MIL:1NIBE with a GF Score™ of 60/100 and a GF Value™ of €3.89 (Fairly Valued). The stock has 8 warning signs investors should review.

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

NIBE Industrier AB's annual accumulated depreciation increased from Dec. 2023 (€-462 Mil) to Dec. 2024 (€-519 Mil) and increased from Dec. 2024 (€-519 Mil) to Dec. 2025 (€-585 Mil).

NIBE Industrier AB Accumulated Depreciation Related Terms

NIBE Industrier AB Accumulated Depreciation Historical Data

* Premium members only.

The historical data trend for NIBE Industrier AB's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NIBE Industrier AB Accumulated Depreciation Chart

NIBE Industrier AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -453.77 -425.53 -462.16 -519.08 -584.56

NIBE Industrier AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Accumulated Depreciation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -
MIL:1NIBE
60GF Score
NIBE Industrier AB MIL:1NIBE
Accumulated Depreciation is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NIBE Industrier AB Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

What does a Accumulated Depreciation of € Mil mean?
NIBE Industrier AB (MIL:1NIBE) has a Accumulated Depreciation of € Mil as of Jun. 2026. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on NIBE Industrier AB and its competitors.
Is NIBE Industrier AB's Accumulated Depreciation too high?
NIBE Industrier AB's current Accumulated Depreciation is € Mil. Overall, NIBE Industrier AB has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NIBE Industrier AB's Accumulated Depreciation compare to TT and JCI?
NIBE Industrier AB's Accumulated Depreciation of € Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accumulated Depreciation for a Construction company?
A good Accumulated Depreciation depends on the Construction industry context. However, Accumulated Depreciation should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accumulated Depreciation mean?
A high Accumulated Depreciation can signal that a stock is expensive relative to its fundamentals. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on NIBE Industrier AB and its competitors. NIBE Industrier AB's current Accumulated Depreciation is € Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NIBE Industrier AB stock overvalued right now?
Based on GuruFocus' analysis, NIBE Industrier AB (MIL:1NIBE) is currently considered Fairly Valued. The stock's GF Value™ is €3.89, compared to a current price of €3.76 — trading 3.3% below its estimated fair value. The current Accumulated Depreciation is € Mil. NIBE Industrier AB's overall GF Score™ is 60/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For NIBE Industrier AB (MIL:1NIBE), the current Accumulated Depreciation is € Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NIBE Industrier AB (MIL:1NIBE) Overvalued in 2026?

Based on GuruFocus' analysis, NIBE Industrier AB stock appears to be undervalued. The current stock price of €3.76 is trading 3.3% below its estimated GF Value™ of €3.89. GuruFocus considers NIBE Industrier AB to be Fairly Valued.

Key valuation signals for MIL:1NIBE:

  • Accumulated Depreciation: € Mil
  • GF Value™: €3.89 vs. price of €3.76 (3.3% below fair value)
  • GF Score™: 60/100 with 8 warning signs

No single metric tells the full story. See the MIL:1NIBE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

NIBE Industrier AB Business Description

Address Hannabadsvagen 5, Box 14, Markaryd, SWE, SE- 285 21
NIBE Industrier AB manufactures and sells energy-efficient products for industrial and consumer use. The firm is organized into three segments by product type. The climate solutions segment, which generates the majority of revenue, sells HVAC systems and hot water heaters to homes, apartment buildings, and other large properties. The elements segment sells components and elements to multiple industries, including appliance manufacturers, home remodelers, energy, and automotive. The stoves segment sells energy-efficient stoves and chimney systems to residential and commercial customers. The vast majority of revenue comes from Europe.
60GF Score

Get the complete analysis for MIL:1NIBE

Accumulated Depreciation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€3.76
Price
€3.89
GF Value