Thule Group Future Growth
Future criteria checks 5/6
Thule Group is forecast to grow earnings and revenue by 22% and 13.2% per annum respectively. EPS is expected to grow by 21.1% per annum. Return on equity is forecast to be 21.5% in 3 years.
Key information
22.0%
Earnings growth rate
21.1%
EPS growth rate
| Leisure earnings growth | 18.2% |
| Revenue growth rate | 13.2% |
| Future return on equity | 21.5% |
| Analyst coverage | Low |
| Last updated | 15 Nov 2024 |
Recent future growth updates
Results: Thule Group AB (publ) Beat Earnings Expectations And Analysts Now Have New Forecasts
Oct 26
Analysts Are Updating Their Thule Group AB (publ) (STO:THULE) Estimates After Its Second-Quarter Results
Jul 20Thule Group AB (publ) (STO:THULE) Just Released Its First-Quarter Earnings: Here's What Analysts Think
May 01Recent updates
Analysts Are Betting On Thule Group AB (publ) (STO:THULE) With A Big Upgrade This Week
Nov 16Thule Group (STO:THULE) Seems To Use Debt Quite Sensibly
Nov 07Results: Thule Group AB (publ) Beat Earnings Expectations And Analysts Now Have New Forecasts
Oct 26Calculating The Fair Value Of Thule Group AB (publ) (STO:THULE)
Oct 17Investors Met With Slowing Returns on Capital At Thule Group (STO:THULE)
Sep 18Getting In Cheap On Thule Group AB (publ) (STO:THULE) Is Unlikely
Aug 31Thule Group (STO:THULE) Is Due To Pay A Dividend Of SEK4.75
Aug 19At kr290, Is It Time To Put Thule Group AB (publ) (STO:THULE) On Your Watch List?
Aug 16Is Thule Group (STO:THULE) Using Too Much Debt?
Aug 04Thule Group (STO:THULE) Has Announced A Dividend Of SEK4.75
Jul 22Analysts Are Updating Their Thule Group AB (publ) (STO:THULE) Estimates After Its Second-Quarter Results
Jul 20Calculating The Fair Value Of Thule Group AB (publ) (STO:THULE)
Jul 02Thule Group (STO:THULE) Will Pay A Dividend Of SEK4.75
Jun 20Thule Group (STO:THULE) Will Pay A Dividend Of SEK4.75
May 25The Returns At Thule Group (STO:THULE) Aren't Growing
May 21Thule Group's (STO:THULE) Dividend Will Be SEK4.75
May 09Thule Group AB (publ) (STO:THULE) Just Released Its First-Quarter Earnings: Here's What Analysts Think
May 01Thule Group's (STO:THULE) Upcoming Dividend Will Be Larger Than Last Year's
Apr 25Thule Group AB (publ)'s (STO:THULE) Price Is Out Of Tune With Earnings
Apr 20Is Now The Time To Look At Buying Thule Group AB (publ) (STO:THULE)?
Apr 07Thule Group (STO:THULE) Will Pay A Larger Dividend Than Last Year At SEK4.75
Mar 26Here's Why Thule Group (STO:THULE) Can Manage Its Debt Responsibly
Mar 17Calculating The Intrinsic Value Of Thule Group AB (publ) (STO:THULE)
Mar 05Thule Group (STO:THULE) Is Increasing Its Dividend To SEK4.75
Feb 22Thule Group AB (publ)'s (STO:THULE) Share Price Could Signal Some Risk
Jan 07Thule Group (STO:THULE) Could Be Struggling To Allocate Capital
Dec 14Does Thule Group (STO:THULE) Have A Healthy Balance Sheet?
Nov 30A Look At The Intrinsic Value Of Thule Group AB (publ) (STO:THULE)
Nov 17Should You Think About Buying Thule Group AB (publ) (STO:THULE) Now?
Oct 24Thule Group (STO:THULE) Is Paying Out Less In Dividends Than Last Year
Sep 26Be Wary Of Thule Group (STO:THULE) And Its Returns On Capital
Sep 11Thule Group's (STO:THULE) Dividend Will Be Reduced To SEK4.60
Aug 28Thule Group's (STO:THULE) Dividend Is Being Reduced To SEK4.60
Aug 10Thule Group (STO:THULE) Has A Somewhat Strained Balance Sheet
Aug 04A Look At The Intrinsic Value Of Thule Group AB (publ) (STO:THULE)
Jul 18Thule Group (STO:THULE) Will Pay A Smaller Dividend Than Last Year
Jul 18Thule Group (STO:THULE) Is Reducing Its Dividend To SEK4.60
Jul 01Returns On Capital At Thule Group (STO:THULE) Have Stalled
May 31Thule Group's (STO:THULE) Dividend Is Being Reduced To SEK4.60
May 14Thule Group's (STO:THULE) Shareholders Will Receive A Smaller Dividend Than Last Year
Apr 30A Look At The Intrinsic Value Of Thule Group AB (publ) (STO:THULE)
Apr 17Thule Group's (STO:THULE) Dividend Will Be Reduced To SEK4.60
Apr 05These 4 Measures Indicate That Thule Group (STO:THULE) Is Using Debt Extensively
Apr 03Returns At Thule Group (STO:THULE) Appear To Be Weighed Down
Feb 25Thule Group (STO:THULE) Is Reducing Its Dividend To SEK4.60
Feb 13Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 12,361 | 1,813 | 1,812 | 2,109 | 4 |
| 12/31/2025 | 11,650 | 1,645 | 1,650 | 1,906 | 4 |
| 12/31/2024 | 9,478 | 1,131 | 1,695 | 2,041 | 4 |
| 9/30/2024 | 9,429 | 1,183 | 1,931 | 2,199 | N/A |
| 6/30/2024 | 9,396 | 1,144 | 1,789 | 2,082 | N/A |
| 3/31/2024 | 9,326 | 1,124 | 1,696 | 1,920 | N/A |
| 12/31/2023 | 9,132 | 1,099 | 1,599 | 1,850 | N/A |
| 9/30/2023 | 9,217 | 1,059 | 1,452 | 1,685 | N/A |
| 6/30/2023 | 9,045 | 935 | 1,100 | 1,390 | N/A |
| 3/31/2023 | 9,330 | 1,023 | 806 | 1,161 | N/A |
| 12/31/2022 | 10,138 | 1,275 | 172 | 616 | N/A |
| 9/30/2022 | 10,333 | 1,445 | -373 | 161 | N/A |
| 6/30/2022 | 10,966 | 1,824 | -378 | 152 | N/A |
| 3/31/2022 | 10,882 | 1,870 | -69 | 530 | N/A |
| 12/31/2021 | 10,386 | 1,790 | 621 | 1,128 | N/A |
| 9/30/2021 | 10,145 | 1,800 | 1,385 | 1,792 | N/A |
| 6/30/2021 | 9,809 | 1,732 | 1,695 | 2,022 | N/A |
| 3/31/2021 | 8,622 | 1,372 | 1,499 | 1,678 | N/A |
| 12/31/2020 | 7,828 | 1,166 | 1,441 | 1,614 | N/A |
| 9/30/2020 | 7,434 | 1,031 | 1,295 | 1,469 | N/A |
| 6/30/2020 | 6,680 | 763 | 1,100 | 1,276 | N/A |
| 3/31/2020 | 6,948 | 871 | 1,007 | 1,183 | N/A |
| 12/31/2019 | 7,038 | 883 | 869 | 1,030 | N/A |
| 9/30/2019 | 6,984 | 897 | 713 | 872 | N/A |
| 6/30/2019 | 6,863 | 905 | 618 | 799 | N/A |
| 3/31/2019 | 6,707 | 870 | 475 | 675 | N/A |
| 12/31/2018 | 6,484 | 837 | 427 | 606 | N/A |
| 9/30/2018 | 6,333 | 754 | 647 | 799 | N/A |
| 6/30/2018 | 6,157 | 750 | N/A | 820 | N/A |
| 3/31/2018 | 5,957 | 713 | N/A | 930 | N/A |
| 12/31/2017 | 5,872 | 690 | N/A | 972 | N/A |
| 9/30/2017 | 5,849 | 760 | N/A | 854 | N/A |
| 6/30/2017 | 5,759 | 732 | N/A | 772 | N/A |
| 3/31/2017 | 5,529 | 687 | N/A | 737 | N/A |
| 12/31/2016 | 5,304 | 653 | N/A | 878 | N/A |
| 9/30/2016 | 5,300 | 645 | N/A | 940 | N/A |
| 6/30/2016 | 5,349 | 636 | N/A | 915 | N/A |
| 3/31/2016 | 5,312 | 611 | N/A | 782 | N/A |
| 12/31/2015 | 5,320 | 587 | N/A | 662 | N/A |
| 9/30/2015 | 5,241 | 463 | N/A | 432 | N/A |
| 6/30/2015 | 5,079 | 396 | N/A | 407 | N/A |
| 3/31/2015 | 4,790 | 297 | N/A | 330 | N/A |
| 12/31/2014 | 4,556 | 236 | N/A | 355 | N/A |
| 9/30/2014 | 4,581 | 285 | N/A | 538 | N/A |
| 12/31/2013 | 4,331 | 299 | N/A | 390 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: THULE's forecast earnings growth (22% per year) is above the savings rate (1.2%).
Earnings vs Market: THULE's earnings (22% per year) are forecast to grow faster than the Swedish market (15.1% per year).
High Growth Earnings: THULE's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: THULE's revenue (13.2% per year) is forecast to grow faster than the Swedish market (-0.03% per year).
High Growth Revenue: THULE's revenue (13.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: THULE's Return on Equity is forecast to be high in 3 years time (21.5%)