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Quad Lock And North America Focus Will Secure Future Success

Published
25 Dec 24
Updated
05 Oct 25
AnalystConsensusTarget's Fair Value
SEK 294.00
22.0% undervalued intrinsic discount
05 Oct
SEK 229.40
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1Y
-23.9%
7D
-1.9%

Author's Valuation

SEK 29422.0% undervalued intrinsic discount

AnalystConsensusTarget Fair Value

Shared on05 Oct 25
Fair value Decreased 7.26%

Analysts have lowered their fair value estimate for Thule Group from SEK 317 to SEK 294, citing moderating revenue growth and profit margin forecasts. They acknowledge improving conditions after recent results.

Shared on20 Sep 25
Fair value Decreased 2.76%

Analysts have modestly lowered Thule Group’s price target to SEK317, citing recent Q2 results as an inflection point with margin pressures now easing and a more constructive outlook for H2 2024, supporting expectations for improved operating leverage and near-term recovery. Analyst Commentary Q2 results indicate a turning point in company performance for 2025.

Shared on01 May 25
Fair value Decreased 14%

Shared on23 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on17 Apr 25
Fair value Decreased 1.86%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on09 Apr 25
Fair value Increased 0.088%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on02 Apr 25
Fair value Increased 2.54%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on26 Mar 25
Fair value Decreased 1.95%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on19 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on12 Mar 25
Fair value Increased 17%

AnalystConsensusTarget has decreased revenue growth from 14.2% to 12.1% and increased future PE multiple from 21.8x to 25.3x.