Nordic Waterproofing Holding AB

Chart & Performance

D1W1MN

P/E

25.63

P/S

1.07

EPS

7.12

Div Yield, %

2.74%

Shrs. gr., 5y

—

Rev. gr., 5y

5.56%

Revenues

4.09b

-8.34%

Net income

171m

-19.39%

CFO

288m

-42.72%

Dividend

Apr 30, 20254 SEK/sh

Earnings

Jul 08, 2025

Profile

Nordic Waterproofing Holding AB (publ) produces and supplies waterproofing products and services for buildings and infrastructure primarily in Sweden, Finland, Denmark, Norway, Belgium, the Netherlands, Poland, the United Kingdom, and Germany. The company operates in two segments, Products & Solutions, and Installation Services. It offers roofing products for various types of roofing and needs, including flat and pitched roofing waterproofing products, and roofing accessories; building products, such as underlayers, moisture and wind barriers, tarpaulins, geomembranes, and foundation panels; EPDM waterproofing membranes, pumps, filtering, control systems, and light and accessories; and prefabricated elements comprising prefabricated construction components, such as facade elements, floor elements, and walls and sandwich wall elements, as well as distributes pond systems and builds and renovates roofs. The company also provides ethylene propylene diene monomer-based water and weather protection solutions for buildings and other types of constructions; insulation material and other building products; green roofing materials and products for moisture-effective buildings; bitumen roofing products; and lining applications as geomembrane for ponds and reservoirs, and tank liners for farming and industrial use, as well as landfill reservoirs and capping of waste. In addition, it offers installation and maintenance services for waterproofing products, as well as designs and installs solar cells. The company serves primarily installers, building contractors, builders' merchants, small installation firms, and private customers. It provides its products under the Mataki, Trebolit, Phønix Tag Materialer, Kerabit, Byggpartner, Nortett, SealEco, Distri Pond, SPT-Painting, Taasinge Elementer, RVT, Urban Green and Veg Tech brands. Nordic Waterproofing Holding AB (publ) was founded in 1889 and is headquartered in Helsingborg, Sweden.

URL

https://www.nordicwaterproofing.com/

IPO date

Nov 30, 2020

Employees

1,353

Domiciled in

Incorporated in

Valuation

Order:

Title SEK in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title SEK in thousands, except ratios and share amounts	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	4,091,300 -8.34%	4,463,400 2.76%	4,343,400 18.56%
Cost of revenue	3,863,600	4,198,100	3,967,000
Unusual Expense (Income)
NOPBT	227,700	265,300	376,400
NOPBT Margin	5.57%	5.94%	8.67%
Operating Taxes	60,000	50,000	82,400
Tax Rate	26.35%	18.85%	21.89%
NOPAT	167,700	215,300	294,000
Net income	170,900 -19.39%	212,000 -36.01%	331,300 28.11%
Dividends	(120,000)	(167,300)	(143,400)
Dividend yield
Proceeds from repurchase of equity		(15,000)
BB yield
Debt
Debt current		213,700	223,300
Long-term debt		993,500	1,043,500
Deferred revenue
Other long-term liabilities	869,200	29,000	55,800
Net debt	(222,400)	673,400	860,100
Cash flow
Cash from operating activities	288,000	502,800	359,700
CAPEX	(75,100)	(58,700)	(104,500)
Cash from investing activities	(72,700)	(127,900)	(236,700)
Cash from financing activities	(344,400)	(269,900)	(101,700)
FCF	176,000	424,100	(44,700)
Balance
Cash	222,400	349,300	260,500
Long term investments		184,500	146,200
Excess cash	17,835	310,630	189,530
Stockholders' equity	1,707,100	1,776,700	1,754,300
Invested Capital	2,727,965	2,568,470	2,648,970
ROIC	6.33%	8.25%	12.26%
ROCE	7.92%	8.81%	12.67%
EV
Common stock shares outstanding	24,084	24,084	24,084
Price
Market cap
EV
EBITDA	227,700	435,000	534,300
EV/EBITDA
Interest		58,700	21,600
Interest/NOPBT		22.13%	5.74%