Nobia AB (NOBI) AI Stock Analysis

• Market Cap: kr3.21B
• Dividend Yield: N/A
• Average Volume (3M): 743.06K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.09
• Revenue Growth: -13.16%
• EPS Growth: -38.68%
• Country: SE
• Employees: 4,042
• Sector: Consumer Cyclical
• Sector Strength: 81
• Industry: Furnishings, Fixtures & Appliances
• EPS (TTM): -0.15
• Shares Outstanding: 675,051,940
• 10 Day Avg. Volume: 723,232
• 30 Day Avg. Volume: 743,059
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: kr4.50
• Price Target Upside: -3.02% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 46 Neutral
• Price Target: kr4.50 ▼(-3.02% Downside)

Nobia AB's overall stock score is primarily impacted by its weak financial performance, characterized by declining revenue, profitability, and cash flow. Technical analysis indicates a bearish trend with weak momentum, and valuation metrics are unattractive due to negative earnings and no dividend yield. These factors collectively result in a low overall stock score.

Nobia AB Business Overview & Revenue Model

Company Description

Nobia AB (publ) develops, manufactures, and sells kitchen solutions to consumer and professional customers. The company offers cabinets, drawers, fronts, panels, bases, cabinet fixtures, worktops, sinks, mixer taps, appliances, kitchen fans, handles, and others. It sells its products under various brands, including A la Carte, Bribus, Commodore & CIE, ewe, FM, Gower, HTH, INTUO, Invita, Magnet, Marbodal, Norema, Petra, Rixonway Kitchens, Sigdal, and uno form brands. The company sells its products through approximately 225 own stores; and a network of 168 franchise stores and 1,400 retail stores, including furniture stores, builders' merchants, DIY stores, and independent kitchen specialists. It also provides installation services for kitchen products. In addition, the company exports its products. It serves in Sweden, Denmark, Norway, Finland, the United Kingdom, Germany, the Netherlands, Austria, and internationally. The company was founded in 1996 and is headquartered in Stockholm, Sweden.

How the Company Makes Money

Nobia generates revenue primarily through the sale of kitchen furniture and components to both consumers and contractors. The company's revenue model is centered around direct sales to retail customers through its network of stores and online platforms, as well as through partnerships with builders and contractors for large-scale projects. Key revenue streams include the sale of complete kitchen systems, custom cabinetry, and additional kitchen accessories. Nobia also benefits from strategic partnerships with home improvement retailers and participation in various housing projects, which contribute significantly to its earnings. Additionally, the company focuses on product innovation and sustainability, appealing to environmentally conscious consumers and enhancing its market position.

Nobia AB Financial Statement Overview

Summary

Nobia AB faces significant financial challenges, with declining revenue, profitability, and cash flow. The high leverage and negative equity returns highlight financial risks. The company must focus on improving operational efficiency, reducing costs, and enhancing cash flow to stabilize its financial position and support future growth.

Income Statement

Nobia AB's income statement shows declining revenue and profitability. The TTM data indicates a negative revenue growth rate of -2.29% and a net profit margin of -11.48%, reflecting significant losses. The gross profit margin remains relatively stable at 36.95%, but the EBIT and EBITDA margins are negative, indicating operational challenges. The company needs to address its declining revenue and improve cost management to enhance profitability.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio of 1.24, indicating significant leverage. The return on equity is negative, reflecting ongoing losses. The equity ratio stands at 32.98%, suggesting a moderate level of equity financing. While the company maintains a substantial asset base, the high leverage poses financial risks, and improving equity returns is crucial for financial stability.

Cash Flow

Cash flow analysis shows a concerning trend with negative free cash flow growth of -67.07% in the TTM period. The operating cash flow to net income ratio is low at 0.15, and the free cash flow to net income ratio is negative, indicating cash flow challenges. The company needs to enhance its cash generation capabilities to support operations and reduce reliance on external financing.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	10.16B	10.54B	13.37B	14.93B	13.72B	12.74B
Gross Profit	3.75B	3.84B	4.64B	5.36B	5.28B	4.44B
EBITDA	587.00M	-49.00M	723.00M	926.00M	1.79B	1.28B
Net Income	-1.17B	-1.34B	-347.00M	-2.00M	706.00M	253.00M
Balance Sheet
Total Assets	12.09B	12.30B	13.62B	12.77B	10.63B	10.09B
Cash, Cash Equivalents and Short-Term Investments	50.00M	270.00M	412.00M	340.00M	422.00M	635.00M
Total Debt	4.95B	4.97B	5.45B	3.94B	2.21B	2.47B
Total Liabilities	8.11B	7.97B	9.29B	8.06B	5.71B	6.05B
Stockholders Equity	3.99B	4.32B	4.33B	4.71B	4.92B	4.03B
Cash Flow
Free Cash Flow	-137.00M	-677.00M	-827.00M	-765.00M	648.00M	1.76B
Operating Cash Flow	476.00M	210.00M	890.00M	919.00M	1.54B	2.07B
Investing Cash Flow	-370.00M	727.00M	-1.68B	-1.72B	-868.00M	-253.00M
Financing Cash Flow	-172.00M	-1.04B	868.00M	658.00M	-932.00M	-1.42B

Nobia AB Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 4.64
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:NOBI, the sentiment is Neutral. The current price of 4.64 is below the 20-day moving average (MA) of 4.73, below the 50-day MA of 4.84, and above the 200-day MA of 4.12, indicating a neutral trend. The MACD of -0.03 indicates Positive momentum. The RSI at 46.54 is Neutral, neither overbought nor oversold. The STOCH value of 49.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SE:NOBI.

Nobia AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$18.02B	12.77	-0.74%	3.01%	1.30%	-13.03%
NOBI	46 Neutral	kr3.21B	―	-25.58%	―	-13.16%	-38.68%
9RN	―	€56.52M	―	-12.21%	―	―	―
98Q	―	€20.72M	31.83	8.09%	―	―	―
0GE	―	€461.59M	18.80	22.85%	―	―	―
BYY	―	€301.16M	21.27	6.68%	―	―	―
6BB	―	€144.53M	18.46	25.24%	―	―	―

Nobia AB Corporate Events

Nobia AB to Present Q2 2025 Interim Report

Nobia AB announced it will release its Q2 2025 interim report on July 18, followed by a webcasted telephone conference where the CEO and CFO will present the report and answer questions. This event is significant for stakeholders as it provides insights into the company’s financial performance and strategic direction, potentially impacting its market positioning and investor relations.

The most recent analyst rating on (SE:NOBI) stock is a Hold with a SEK4.20 price target. To see the full list of analyst forecasts on Nobia AB stock, see the SE:NOBI Stock Forecast page.