NIBE Industrier AB (XSWX:NIBEB) Return-on-Tangible-Equity: 178.10% (As of Mar. 2026) — 16% Below Median


XSWX:NIBEB NIBE Industrier AB XSWX:NIBEB
88 GF Score
Price CHF3.04
GF Value CHF3.76
Valuation Modestly Undervalued
! 6 Warning Signs
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What is NIBE Industrier AB Return-on-Tangible-Equity?

NIBE Industrier AB XSWX:NIBEB -0.39% 88 Return-on-Tangible-Equity is 178.10% as of Mar. 2026, which is 16% below its 10-year median of 212.05. GuruFocus rates XSWX:NIBEB with a GF Score™ of 88/100 and a GF Value™ of CHF3.76 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,705 Construction companies, NIBE Industrier AB ranks better than 93.9% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. NIBE Industrier AB's annualized net income for the quarter that ended in Mar. 2026 was CHF171 Mil. NIBE Industrier AB's average shareholder tangible equity for the quarter that ended in Mar. 2026 was CHF96 Mil. Therefore, NIBE Industrier AB's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 178.10%.

The historical rank and industry rank for NIBE Industrier AB's Return-on-Tangible-Equity or its related term are showing as below:

XSWX:NIBEB' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 135.08   Med: 212.05   Max: 726.32
Current: 544.92

During the past 13 years, NIBE Industrier AB's highest Return-on-Tangible-Equity was 726.32%. The lowest was 135.08%. And the median was 212.05%.

XSWX:NIBEB's Return-on-Tangible-Equity is ranked better than
93.9% of 1705 companies
in the Construction industry
Industry Median: 8.25 vs XSWX:NIBEB: 544.92

NIBE Industrier AB  (XSWX:NIBEB) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


NIBE Industrier AB Return-on-Tangible-Equity Related Terms


NIBE Industrier AB Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for NIBE Industrier AB's Return-on-Tangible-Equity 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 Return-on-Tangible-Equity Chart

NIBE Industrier AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity 132.24 196.89 Negative Tangible Equity 717.57

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
Return-on-Tangible-Equity 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 Negative Tangible Equity Negative Tangible Equity 5,643.97 570.26 178.10

XSWX:NIBEB vs TT, JCI, CARR: Return-on-Tangible-Equity Comparison

For the Building Products & Equipment subindustry, NIBE Industrier AB's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Construction Industry

For the Construction industry and Industrials sector, NIBE Industrier AB's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where NIBE Industrier AB's Return-on-Tangible-Equity falls into.


XSWX:NIBEB
88GF Score
NIBE Industrier AB XSWX:NIBEB
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NIBE Industrier AB Return-on-Tangible-Equity Calculation

NIBE Industrier AB's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=195.248/( (-11.607+66.026 )/ 2 )
=195.248/27.2095
=717.57 %

NIBE Industrier AB's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=170.688/( (66.026+125.651)/ 2 )
=170.688/95.8385
=178.10 %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 178.10% mean?
NIBE Industrier AB (XSWX:NIBEB) has a Return-on-Tangible-Equity of 178.10% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on NIBE Industrier AB and its competitors. This is 16% below median its historical median of 212.05. Over the past decade, NIBE Industrier AB's Return-on-Tangible-Equity has ranged from 135.08 to 726.32. According to the industry distribution chart, NIBE Industrier AB ranks #104 out of 1705 companies in the Construction industry, placing it in the top 6.1%.
Is NIBE Industrier AB's Return-on-Tangible-Equity too high?
NIBE Industrier AB's current Return-on-Tangible-Equity of 178.10% is 16% below median its 10-year median of 212.05. Over the past 10 years, this metric has ranged from a low of 135.08 to a high of 726.32. The Construction industry median Return-on-Tangible-Equity is 8.25. NIBE Industrier AB's value of 178.10% is 2058.8% above this industry median. Based on the distribution chart, NIBE Industrier AB ranks #104 out of 1705 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. 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 Return-on-Tangible-Equity compare to TT and JCI?
According to the Construction industry distribution chart, NIBE Industrier AB ranks #104 out of 1705 companies for Return-on-Tangible-Equity. This places NIBE Industrier AB in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.25. NIBE Industrier AB's value of 178.10% is 2058.8% above this benchmark. Historically, NIBE Industrier AB's own Return-on-Tangible-Equity has ranged from 135.08 to 726.32 over the past decade. While the company's 10-year median is 212.05 vs. the industry median of 8.25, NIBE Industrier AB has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.25, based on 1,705 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NIBE Industrier AB's current Return-on-Tangible-Equity of 178.10% is 2058.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on NIBE Industrier AB and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NIBE Industrier AB's current Return-on-Tangible-Equity is 178.10%, which is 16% below median its own 10-year median of 212.05. 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 (XSWX:NIBEB) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF3.76, compared to a current price of CHF3.04 — trading 19.1% below its estimated fair value. The current Return-on-Tangible-Equity is 178.10%, which is 16% below median its 10-year median of 212.05 and 2058.8% above the Construction industry median of 8.25. 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 Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For NIBE Industrier AB (XSWX:NIBEB), the current Return-on-Tangible-Equity is 178.10% 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 (XSWX:NIBEB) Overvalued in 2026?

Based on GuruFocus' analysis, NIBE Industrier AB stock appears to be undervalued. The current stock price of CHF3.04 is trading 19.1% below its estimated GF Value™ of CHF3.76. GuruFocus considers NIBE Industrier AB to be Modestly Undervalued.

Key valuation signals for XSWX:NIBEB:

  • Return-on-Tangible-Equity: 178.10% (16% below median its 10-year median of 212.05)
  • GF Value™: CHF3.76 vs. price of CHF3.04 (19.1% below fair value)
  • GF Score™: 88/100 with 6 warning signs
  • Industry Position: 2058.8% above the Construction median (#104 of 1705)

No single metric tells the full story. See the XSWX:NIBEB 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 XSWX:NIBEB

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

CHF3.04
Price
CHF3.76
GF Value