NIBE Ltd. (NIBE.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-364.0%

-₹3,018.14

vs ₹1,143.40 price

Levered DCF

-₹6,492.86

After debt service

Piotroski score

—

Altman Z-score

—

Rating

C-

Overall 1 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021
P/E	210.62×	56.8×	103.91×	1,054.9×	7,964.5×
P/B	3.4×	6.55×	0×	0×	0×
P/S	2.5×	2.99×	7×	15.99×	78.12×
EV / EBITDA	25.86×	24.87×	0×	0×	0×
Gross margin	8.1%	18.9%	18.8%	23.4%	26.7%
Operating margin	3.2%	9.8%	10.5%	8.0%	-3.8%
Net margin	1.2%	5.3%	6.7%	1.5%	1.0%
Current ratio	1.49×	1.54×	0×	0×	0×
Debt / equity	0.34×	0.33×	0×	0×	0×
Interest coverage	1×	7.4×	4.87×	2.57×	-69.33×
Dividend yield	0.2%	0.1%	0.0%	0.0%	0.0%
Payout ratio	32.2%	4.9%	0.7%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021
Return on equity	1.6%	11.5%	0.0%	0.0%	0.0%
Return on invested capital	0.1%	10.7%	0.0%	0.0%	0.0%
Return on assets	0.9%	6.0%	0.0%	0.0%	0.0%
Free cash flow yield	-11.6%	-3.0%	0.0%	0.0%	0.0%
Earnings yield	0.5%	1.8%	1.0%	0.1%	0.0%
Enterprise value	₹12.6B	₹15.9B	₹0	₹0	₹0
Net debt / EBITDA	1.5×	1.07×	0×	0×	0×
Cash conversion cycle (days)	112	44	0	0	0