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THULE

Thule Group OM:THULE Stock Report

Last Price

kr266.60

Market Cap

kr28.2b

7D

-7.2%

1Y

6.7%

Updated

04 Dec, 2023

Data

Company Financials +

THULE Stock Overview

Thule Group AB (publ) operates as a sports and outdoor company in Sweden and internationally.

THULE fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance2/6
Financial Health6/6
Dividends2/6

Thule Group AB (publ) Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Thule Group
Historical stock prices
Current Share Pricekr266.60
52 Week Highkr340.20
52 Week Lowkr212.50
Beta1.32
1 Month Change3.29%
3 Month Change-14.08%
1 Year Change6.73%
3 Year Change-3.55%
5 Year Change61.48%
Change since IPO241.79%

Recent News & Updates

Does Thule Group (STO:THULE) Have A Healthy Balance Sheet?

Nov 30
Does Thule Group (STO:THULE) Have A Healthy Balance Sheet?

A Look At The Intrinsic Value Of Thule Group AB (publ) (STO:THULE)

Nov 17
A Look At The Intrinsic Value Of Thule Group AB (publ) (STO:THULE)

Recent updates

Does Thule Group (STO:THULE) Have A Healthy Balance Sheet?

Nov 30
Does Thule Group (STO:THULE) Have A Healthy Balance Sheet?

A Look At The Intrinsic Value Of Thule Group AB (publ) (STO:THULE)

Nov 17
A Look At The Intrinsic Value Of Thule Group AB (publ) (STO:THULE)

Should You Think About Buying Thule Group AB (publ) (STO:THULE) Now?

Oct 24
Should You Think About Buying Thule Group AB (publ) (STO:THULE) Now?

Thule Group (STO:THULE) Is Paying Out Less In Dividends Than Last Year

Sep 26
Thule Group (STO:THULE) Is Paying Out Less In Dividends Than Last Year

Be Wary Of Thule Group (STO:THULE) And Its Returns On Capital

Sep 11
Be Wary Of Thule Group (STO:THULE) And Its Returns On Capital

Thule Group's (STO:THULE) Dividend Will Be Reduced To SEK4.60

Aug 28
Thule Group's (STO:THULE) Dividend Will Be Reduced To SEK4.60

Thule Group's (STO:THULE) Dividend Is Being Reduced To SEK4.60

Aug 10
Thule Group's (STO:THULE) Dividend Is Being Reduced To SEK4.60

Thule Group (STO:THULE) Has A Somewhat Strained Balance Sheet

Aug 04
Thule Group (STO:THULE) Has A Somewhat Strained Balance Sheet

A Look At The Intrinsic Value Of Thule Group AB (publ) (STO:THULE)

Jul 18
A Look At The Intrinsic Value Of Thule Group AB (publ) (STO:THULE)

Thule Group (STO:THULE) Will Pay A Smaller Dividend Than Last Year

Jul 18
Thule Group (STO:THULE) Will Pay A Smaller Dividend Than Last Year

Thule Group (STO:THULE) Is Reducing Its Dividend To SEK4.60

Jul 01
Thule Group (STO:THULE) Is Reducing Its Dividend To SEK4.60

Returns On Capital At Thule Group (STO:THULE) Have Stalled

May 31
Returns On Capital At Thule Group (STO:THULE) Have Stalled

Thule Group's (STO:THULE) Dividend Is Being Reduced To SEK4.60

May 14
Thule Group's (STO:THULE) Dividend Is Being Reduced To SEK4.60

Thule Group's (STO:THULE) Shareholders Will Receive A Smaller Dividend Than Last Year

Apr 30
Thule Group's (STO:THULE) Shareholders Will Receive A Smaller Dividend Than Last Year

A Look At The Intrinsic Value Of Thule Group AB (publ) (STO:THULE)

Apr 17
A Look At The Intrinsic Value Of Thule Group AB (publ) (STO:THULE)

Thule Group's (STO:THULE) Dividend Will Be Reduced To SEK4.60

Apr 05
Thule Group's (STO:THULE) Dividend Will Be Reduced To SEK4.60

These 4 Measures Indicate That Thule Group (STO:THULE) Is Using Debt Extensively

Apr 03
These 4 Measures Indicate That Thule Group (STO:THULE) Is Using Debt Extensively

Returns At Thule Group (STO:THULE) Appear To Be Weighed Down

Feb 25
Returns At Thule Group (STO:THULE) Appear To Be Weighed Down

Thule Group (STO:THULE) Is Reducing Its Dividend To SEK4.60

Feb 13
Thule Group (STO:THULE) Is Reducing Its Dividend To SEK4.60

Should You Investigate Thule Group AB (publ) (STO:THULE) At kr241?

Jan 11
Should You Investigate Thule Group AB (publ) (STO:THULE) At kr241?

Is Thule Group (STO:THULE) A Risky Investment?

Dec 30
Is Thule Group (STO:THULE) A Risky Investment?

Estimating The Intrinsic Value Of Thule Group AB (publ) (STO:THULE)

Dec 18
Estimating The Intrinsic Value Of Thule Group AB (publ) (STO:THULE)

Slowing Rates Of Return At Thule Group (STO:THULE) Leave Little Room For Excitement

Nov 09
Slowing Rates Of Return At Thule Group (STO:THULE) Leave Little Room For Excitement

Is Now An Opportune Moment To Examine Thule Group AB (publ) (STO:THULE)?

Sep 26
Is Now An Opportune Moment To Examine Thule Group AB (publ) (STO:THULE)?

Thule Group (STO:THULE) Is Paying Out A Larger Dividend Than Last Year

Sep 15
Thule Group (STO:THULE) Is Paying Out A Larger Dividend Than Last Year

Thule Group (STO:THULE) Seems To Use Debt Quite Sensibly

Sep 13
Thule Group (STO:THULE) Seems To Use Debt Quite Sensibly

Here's Why We Think Thule Group (STO:THULE) Might Deserve Your Attention Today

Sep 02
Here's Why We Think Thule Group (STO:THULE) Might Deserve Your Attention Today

Thule Group's (STO:THULE) Dividend Will Be Increased To SEK6.50

Aug 08
Thule Group's (STO:THULE) Dividend Will Be Increased To SEK6.50

Returns on Capital Paint A Bright Future For Thule Group (STO:THULE)

Jul 31
Returns on Capital Paint A Bright Future For Thule Group (STO:THULE)

Thule Group (STO:THULE) Is Paying Out A Larger Dividend Than Last Year

Jul 20
Thule Group (STO:THULE) Is Paying Out A Larger Dividend Than Last Year

Thule Group (STO:THULE) Is Increasing Its Dividend To kr6.50

Jul 06
Thule Group (STO:THULE) Is Increasing Its Dividend To kr6.50

Is Now An Opportune Moment To Examine Thule Group AB (publ) (STO:THULE)?

Jun 13
Is Now An Opportune Moment To Examine Thule Group AB (publ) (STO:THULE)?

An Intrinsic Calculation For Thule Group AB (publ) (STO:THULE) Suggests It's 38% Undervalued

Jun 02
An Intrinsic Calculation For Thule Group AB (publ) (STO:THULE) Suggests It's 38% Undervalued

Do Thule Group's (STO:THULE) Earnings Warrant Your Attention?

May 17
Do Thule Group's (STO:THULE) Earnings Warrant Your Attention?

Robust Earnings May Not Tell The Whole Story For Thule Group (STO:THULE)

May 04
Robust Earnings May Not Tell The Whole Story For Thule Group (STO:THULE)

Thule Group (STO:THULE) Has Announced That It Will Be Increasing Its Dividend To kr6.50

Apr 29
Thule Group (STO:THULE) Has Announced That It Will Be Increasing Its Dividend To kr6.50

We Like Thule Group's (STO:THULE) Returns And Here's How They're Trending

Mar 28
We Like Thule Group's (STO:THULE) Returns And Here's How They're Trending

Thule Group (STO:THULE) Has A Rock Solid Balance Sheet

Mar 06
Thule Group (STO:THULE) Has A Rock Solid Balance Sheet

Shareholder Returns

THULESE LeisureSE Market
7D-7.2%-7.5%0.8%
1Y6.7%-5.0%0.6%

Return vs Industry: THULE exceeded the Swedish Leisure industry which returned -3.8% over the past year.

Return vs Market: THULE exceeded the Swedish Market which returned 1.1% over the past year.

Price Volatility

Is THULE's price volatile compared to industry and market?
THULE volatility
THULE Average Weekly Movement5.4%
Leisure Industry Average Movement7.8%
Market Average Movement6.6%
10% most volatile stocks in SE Market13.2%
10% least volatile stocks in SE Market3.8%

Stable Share Price: THULE is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: THULE's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19422,503Mattias Ankarberghttps://www.thulegroup.com

Thule Group AB (publ) operates as a sports and outdoor company in Sweden and internationally. The company offers roof racks, roof boxes, and carriers for transporting cycling, water, and winter sports equipment; rooftop tents mounted on a car; awnings, bike carriers, and tents for RVs and caravans; bike trailers, child bike seats, and strollers; luggage, backpacks, and laptop and sport bags; and hiking backpacks, camera bags, and cases for consumer electronics. It sells its products under the Thule and Case Logic brands.

Thule Group AB (publ) Fundamentals Summary

How do Thule Group's earnings and revenue compare to its market cap?
THULE fundamental statistics
Market Capkr28.19b
Earnings (TTM)kr1.06b
Revenue (TTM)kr9.22b

26.6x

P/E Ratio

3.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
THULE income statement (TTM)
Revenuekr9.22b
Cost of Revenuekr5.54b
Gross Profitkr3.67b
Other Expenseskr2.62b
Earningskr1.06b

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

Feb 09, 2024

Earnings per share (EPS)10.02
Gross Margin39.86%
Net Profit Margin11.49%
Debt/Equity Ratio31.3%

How did THULE perform over the long term?

See historical performance and comparison

Dividends

3.5%

Current Dividend Yield

91%

Payout Ratio