NDRBF (NIBE Industrier AB) EBIT: $449 Mil (TTM As of Mar. 2026)


NDRBF NIBE Industrier AB NDRBF
88 GF Score
Price $3.56
GF Value $4.90
Valuation Modestly Undervalued
! 6 Warning Signs
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What is NIBE Industrier AB EBIT?

NIBE Industrier AB NDRBF 88 EBIT is $449 Mil as of Mar. 2026. GuruFocus rates NDRBF with a GF Score™ of 88/100 and a GF Value™ of $4.90 (Modestly Undervalued). The stock has 6 warning signs investors should review.

NIBE Industrier AB's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $93 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $449 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. NIBE Industrier AB's annualized ROC % for the quarter that ended in Mar. 2026 was 4.41%. NIBE Industrier AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 16.59%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. NIBE Industrier AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.78%.

NIBE Industrier AB  (OTCPK:NDRBF) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

NIBE Industrier AB's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=373.504 * ( 1 - 25.33% )/( (6057.46 + 6587.28)/ 2 )
=278.8954368/6322.37
=4.41 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=7000.054 - 355.302 - ( 587.292 - max(0, 1501.157 - 2329.693+587.292))
=6057.46

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=7178.337 - 0 - ( 591.057 - max(0, 1509.896 - 2408.664+591.057))
=6587.28

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

NIBE Industrier AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=373.504/( ( (1335.988 + max(805.401, 0)) + (1377.238 + max(983.129, 0)) )/ 2 )
=373.504/( ( 2141.389 + 2360.367 )/ 2 )
=373.504/2250.878
=16.59 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(572.12 + 986.388 + 56.384) - (355.302 + 0 + 454.189)
=805.401

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(798.201 + 1019.405 + 0.0010000000002037) - (0 + 0 + 834.478)
=983.129

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

NIBE Industrier AB's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=449.345/9402.156
=4.78 %

* 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 EBIT Related Terms

NIBE Industrier AB EBIT Historical Data

* Premium members only.

The historical data trend for NIBE Industrier AB's EBIT 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 EBIT Chart

NIBE Industrier AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 496.61 571.88 703.19 269.00 452.36

NIBE Industrier AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT 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 77.18 98.87 121.52 135.58 93.38

NDRBF vs TT, JCI, CARR: EBIT Comparison

For the Building Products & Equipment subindustry, NIBE Industrier AB's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

NIBE Industrier AB EV-to-EBIT vs Construction Industry

For the Construction industry and Industrials sector, NIBE Industrier AB's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where NIBE Industrier AB's EV-to-EBIT falls into.


NDRBF
88GF Score
NIBE Industrier AB NDRBF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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NIBE Industrier AB EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $449 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $449 Mil mean?
NIBE Industrier AB (NDRBF) has a EBIT of $449 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on NIBE Industrier AB.
Is NIBE Industrier AB's EBIT too high?
NIBE Industrier AB's current EBIT is $449 Mil. Overall, NIBE Industrier AB has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NIBE Industrier AB's EBIT compare to TT and JCI?
NIBE Industrier AB's EBIT of $449 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 EBIT for a Construction company?
A good EBIT depends on the Construction industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on NIBE Industrier AB. NIBE Industrier AB's current EBIT is $449 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 (NDRBF) is currently considered Modestly Undervalued. The stock's GF Value™ is $4.90, compared to a current price of $3.56 — trading 27.3% below its estimated fair value. The current EBIT is $449 Mil. NIBE Industrier AB's overall GF Score™ is 88/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For NIBE Industrier AB (NDRBF), the current EBIT is $449 Mil as of Mar. 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 (NDRBF) Overvalued in 2026?

Based on GuruFocus' analysis, NIBE Industrier AB stock appears to be undervalued. The current stock price of $3.56 is trading 27.3% below its estimated GF Value™ of $4.90. GuruFocus considers NIBE Industrier AB to be Modestly Undervalued.

Key valuation signals for NDRBF:

  • EBIT: $449 Mil
  • GF Value™: $4.90 vs. price of $3.56 (27.3% below fair value)
  • GF Score™: 88/100 with 6 warning signs

No single metric tells the full story. See the NDRBF 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.
88GF Score

Get the complete analysis for NDRBF

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

$3.56
Price
$4.90
GF Value