NIBE Industrier AB (XSWX:NIBEB) ROE %: 6.49% (As of Mar. 2026) — 55% Below Median


XSWX:NIBEB NIBE Industrier AB XSWX:NIBEB
89 GF Score
Price CHF3.02
GF Value CHF3.73
Valuation Modestly Undervalued
! 6 Warning Signs
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What is NIBE Industrier AB ROE %?

NIBE Industrier AB XSWX:NIBEB +2.65% 89 ROE % is 6.49% as of Mar. 2026, which is 55% below its 10-year median of 14.39. GuruFocus rates XSWX:NIBEB with a GF Score™ of 89/100 and a GF Value™ of CHF3.73 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,743 Construction companies, NIBE Industrier AB ranks better than 53.82% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. NIBE Industrier AB's annualized net income for the quarter that ended in Mar. 2026 was CHF171 Mil. NIBE Industrier AB's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was CHF2,631 Mil. Therefore, NIBE Industrier AB's annualized ROE % for the quarter that ended in Mar. 2026 was 6.49%.

The historical rank and industry rank for NIBE Industrier AB's ROE % or its related term are showing as below:

XSWX:NIBEB' s ROE % Range Over the Past 10 Years
Min: 3.77   Med: 14.39   Max: 17.63
Current: 7.88

During the past 13 years, NIBE Industrier AB's highest ROE % was 17.63%. The lowest was 3.77%. And the median was 14.39%.

XSWX:NIBEB's ROE % is ranked better than
53.82% of 1743 companies
in the Construction industry
Industry Median: 6.69 vs XSWX:NIBEB: 7.88

NIBE Industrier AB  (XSWX:NIBEB) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=170.688/2631.191
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(170.688 / 3261.684)*(3261.684 / 5614.924)*(5614.924 / 2631.191)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.23 %*0.5809*2.134
=ROA %*Equity Multiplier
=3.04 %*2.134
=6.49 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=170.688/2631.191
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (170.688 / 228.148) * (228.148 / 294.06) * (294.06 / 3261.684) * (3261.684 / 5614.924) * (5614.924 / 2631.191)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7481 * 0.7759 * 9.02 % * 0.5809 * 2.134
=6.49 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


NIBE Industrier AB ROE % Related Terms


NIBE Industrier AB ROE % Historical Data

* Premium members only.

The historical data trend for NIBE Industrier AB's ROE % 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 ROE % Chart

NIBE Industrier AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.65 16.69 15.98 3.70 7.51

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
ROE % 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 5.25 6.51 8.12 10.44 6.49

XSWX:NIBEB vs TT, JCI, CARR: ROE % Comparison

For the Building Products & Equipment subindustry, NIBE Industrier AB's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Construction Industry

For the Construction industry and Industrials sector, NIBE Industrier AB's ROE % distribution charts can be found below:

* The bar in red indicates where NIBE Industrier AB's ROE % falls into.


XSWX:NIBEB
89GF Score
NIBE Industrier AB XSWX:NIBEB
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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NIBE Industrier AB ROE % Calculation

NIBE Industrier AB's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=195.248/( (2605.241+2594.137)/ 2 )
=195.248/2599.689
=7.51 %

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

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=170.688/( (2594.137+2668.245)/ 2 )
=170.688/2631.191
=6.49 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder 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. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 6.49% mean?
NIBE Industrier AB (XSWX:NIBEB) has a ROE % of 6.49% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on NIBE Industrier AB and its competitors. This is 55% below median its historical median of 14.39. Over the past decade, NIBE Industrier AB's ROE % has ranged from 3.77 to 17.63. According to the industry distribution chart, NIBE Industrier AB ranks #805 out of 1743 companies in the Construction industry, placing it in the top 46.2%.
Is NIBE Industrier AB's ROE % too high?
NIBE Industrier AB's current ROE % of 6.49% is 55% below median its 10-year median of 14.39. Over the past 10 years, this metric has ranged from a low of 3.77 to a high of 17.63. The Construction industry median ROE % is 6.69. NIBE Industrier AB's value of 6.49% is 3% below this industry median. Based on the distribution chart, NIBE Industrier AB ranks #805 out of 1743 companies in the Construction industry, which is above the industry midpoint. Overall, NIBE Industrier AB has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NIBE Industrier AB's ROE % compare to TT and JCI?
According to the Construction industry distribution chart, NIBE Industrier AB ranks #805 out of 1743 companies for ROE %. This puts NIBE Industrier AB in the upper half of its industry. The industry median ROE % is 6.69. NIBE Industrier AB's value of 6.49% is 3% below this benchmark. Historically, NIBE Industrier AB's own ROE % has ranged from 3.77 to 17.63 over the past decade. While the company's 10-year median is 14.39 vs. the industry median of 6.69, NIBE Industrier AB has consistently been below 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 ROE % for a Construction company?
The median ROE % among Construction companies is 6.69, based on 1,743 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NIBE Industrier AB's current ROE % of 6.49% is 3% below 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on NIBE Industrier AB and its competitors. For the Construction industry, the median ROE % is 6.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NIBE Industrier AB's current ROE % is 6.49%, which is 55% below median its own 10-year median of 14.39. 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 CHF3.73, compared to a current price of CHF3.02 — trading 19% below its estimated fair value. The current ROE % is 6.49%, which is 55% below median its 10-year median of 14.39 and 3% below the Construction industry median of 6.69. NIBE Industrier AB's overall GF Score™ is 89/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For NIBE Industrier AB (XSWX:NIBEB), the current ROE % is 6.49% 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 CHF3.02 is trading 19% below its estimated GF Value™ of CHF3.73. GuruFocus considers NIBE Industrier AB to be Modestly Undervalued.

Key valuation signals for XSWX:NIBEB:

  • ROE %: 6.49% (55% below median its 10-year median of 14.39)
  • GF Value™: CHF3.73 vs. price of CHF3.02 (19% below fair value)
  • GF Score™: 89/100 with 6 warning signs
  • Industry Position: 3% below the Construction median (#805 of 1743)

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.
89GF Score

Get the complete analysis for XSWX:NIBEB

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

CHF3.02
Price
CHF3.73
GF Value