Thule Group AB (publ)

BATS-CHIXE:THULES Stock Report

Market Cap: SEK 37.4b

Thule Group Past Earnings Performance

Past criteria checks 4/6

Thule Group has been growing earnings at an average annual rate of 2.1%, while the Leisure industry saw earnings growing at 14.7% annually. Revenues have been growing at an average rate of 6% per year. Thule Group's return on equity is 16.6%, and it has net margins of 12.5%.

Key information

2.1%

Earnings growth rate

1.8%

EPS growth rate

Leisure Industry Growth3.7%
Revenue growth rate6.0%
Return on equity16.6%
Net Margin12.5%
Next Earnings Update07 Feb 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Thule Group makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

BATS-CHIXE:THULES Revenue, expenses and earnings (SEK Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 249,4291,1832,3540
30 Jun 249,3961,1442,3220
31 Mar 249,3261,1242,2880
31 Dec 239,1321,0992,2380
30 Sep 239,2171,0592,2230
30 Jun 239,0459352,1950
31 Mar 239,3301,0232,1690
31 Dec 2210,1381,2752,1570
30 Sep 2210,3331,4452,0710
30 Jun 2210,9661,8241,9940
31 Mar 2210,8821,8701,9030
31 Dec 2110,3861,7901,8370
30 Sep 2110,1451,8001,8070
30 Jun 219,8091,7321,8020
31 Mar 218,6221,3721,7090
31 Dec 207,8281,1661,6410
30 Sep 207,4341,0311,6570
30 Jun 206,6807631,6070
31 Mar 206,9488711,6220
31 Dec 197,0388831,6380
30 Sep 196,9848971,5950
30 Jun 196,8639051,5400
31 Mar 196,7078701,5100
31 Dec 186,4848371,4670
30 Sep 186,3337541,4270
30 Jun 186,1577501,3950
31 Mar 185,9577131,3640
31 Dec 175,8726901,3570
30 Sep 175,8497601,3460
30 Jun 175,7597321,3420
31 Mar 175,5296871,3090
31 Dec 165,3046531,2730
30 Sep 165,3006451,2450
30 Jun 165,3496361,2390
31 Mar 165,3126111,2350
31 Dec 155,3205871,2290
30 Sep 155,2414631,2530
30 Jun 155,0793961,2220
31 Mar 154,7902971,1730
31 Dec 144,5562361,1340
30 Sep 144,5812851,0940
31 Dec 134,3312991,0980

Quality Earnings: THULES has high quality earnings.

Growing Profit Margin: THULES's current net profit margins (12.5%) are higher than last year (11.5%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: THULES's earnings have grown by 2.1% per year over the past 5 years.

Accelerating Growth: THULES's earnings growth over the past year (11.7%) exceeds its 5-year average (2.1% per year).

Earnings vs Industry: THULES earnings growth over the past year (11.7%) did not outperform the Leisure industry 15.7%.

Return on Equity

High ROE: THULES's Return on Equity (16.6%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 23:40
End of Day Share Price 2024/11/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Thule Group AB (publ) is covered by 12 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Lars TopholmCarnegie Investment Bank AB
Daniel SchmidtDanske Bank
Ebba Marie BjorklidDNB Markets