Thule Group AB (publ) engages in the sports and outdoor activites.
Business Segments
The company operates through various business segments that encompass a wide range of products and services tailored to outdoor enthusiasts and active individuals.…
Analysis
Hope premium
Thule Group AB (publ) carries what we call a hope premium: an average business trading at an ambitious price.
The price is fair. You pay 23.0× its owner earnings: the cash an owner could take out each year, which is in the historically fair zone. At today's price, the market is assuming roughly 8% yearly growth; analysts expect 9%. The price, in other words, assumes less than the experts do.
The trajectory is moderate and the balance sheet is adequate. The company scores 14/20 on our value-creation score: strong value creator.
What to watch: A large part of the company's book value is the price paid for past acquisitions. As always: this describes the company's numbers; it is not a recommendation.
360° rank · history
1007550250
Jan 20231
59
2023202420252026
All-time high
74
Mar 2026
All-time low
1
Jan 2023
Average rank
49
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
Current202520242023
Price/Sales
23
20
19
15
Price/Earnings
47
25
26
21
Price/Book
35
22
22
12
Dividend Yield
89
76
70
53
Value (overall)
51
23
25
19
Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.