Thule Group AB (THULE) Stock Analysis | Price, Returns, Financials & Key Metrics

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

N/A

Shareholding

FII

N/A

DII

N/A

Promoter

N/A

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

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Dashboard

The company declared negative results in Dec'24 after positive results in Sep'24

INTEREST(HY) At SEK 86 MM has Grown at 75.51%
DIVIDEND PAYOUT RATIO(Y) Lowest at 0%
DEBT-EQUITY RATIO (HY) Highest at 58 %

With ROE of 14.76%, it has a very expensive valuation with a 3.53 Price to Book Value

Below par performance in long term as well as near term

Mojo Parameters

Stock DNA

Industry

Automobiles

Market cap

SEK 27,111 Million (Mid Cap)

P/E

24.00

Industry P/E

Dividend Yield

1,942.17%

Debt Equity

0.46

Return on Equity

14.41%

Price to Book

3.70

Revenue and Profits:

Net Sales:

3,403 Million

(Quarterly Results - Jun 2025)

Net Profit:

512 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

-3.58%

6 Months

-1.12%

1 Year

-31.09%

2 Years

-7.26%

3 Years

-0.8%

4 Years

-50.59%

5 Years

-12.68%

Thule Group AB for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

No Recent News for the Company

Announcements

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

6.68%

EBIT Growth (5y)

1.60%

EBIT to Interest (avg)

28.97

Debt to EBITDA (avg)

1.20

Net Debt to Equity (avg)

0.53

Sales to Capital Employed (avg)

0.94

Tax Ratio

22.67%

Dividend Payout Ratio

78.35%

Pledged Shares

Institutional Holding

ROCE (avg)

20.28%

ROE (avg)

19.17%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

3.53

EV to EBIT

19.47

EV to EBITDA

15.92

EV to Capital Employed

2.62

EV to Sales

2.86

PEG Ratio

Dividend Yield

2115.52%

ROCE (Latest)

13.46%

ROE (Latest)

14.76%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Mildly Bullish

Bearish

RSI

No Signal

Bollinger Bands

Bearish

Moving Averages

Mildly Bearish (Daily)

KST

Mildly Bullish

Bearish

Dow Theory

Mildly Bullish

No Trend

OBV

Mildly Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot

No data for shareholding present.

Shareholding Compare (%holding)

No data for shareholding present.

Financial

[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Jun'25 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Jun 2025 is 9.81% vs 2.31% in Jun 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Jun 2025 is -8.41% vs 3.71% in Jun 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Jun'25",
        "Jun'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "3,403.00",
          "val2": "3,099.00",
          "chgp": "9.81%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "799.00",
          "val2": "803.00",
          "chgp": "-0.50%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "39.00",
          "val2": "26.00",
          "chgp": "50.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "512.00",
          "val2": "559.00",
          "chgp": "-8.41%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "206.30%",
          "val2": "236.50%",
          "chgp": "-3.02%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Dec 2024 is 4.48% vs -9.92% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Dec 2024 is 2.09% vs -13.80% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "9,541.00",
          "val2": "9,132.00",
          "chgp": "4.48%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "1,804.00",
          "val2": "1,764.00",
          "chgp": "2.27%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "165.00",
          "val2": "158.00",
          "chgp": "4.43%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "1,122.00",
          "val2": "1,099.00",
          "chgp": "2.09%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "159.50%",
          "val2": "164.80%",
          "chgp": "-0.53%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]

Quarterly Results Snapshot (Consolidated) - Jun'25 - YoY

Jun'25

Jun'24

Change(%)

Net Sales

3,403.00

3,099.00

9.81%

Operating Profit (PBDIT) excl Other Income

799.00

803.00

-0.50%

Interest

39.00

26.00

50.00%

Exceptional Items

0.00

Consolidate Net Profit

512.00

559.00

-8.41%

Operating Profit Margin (Excl OI)

206.30%

236.50%

-3.02%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in quarter ended Jun 2025 is 9.81% vs 2.31% in Jun 2024

Consolidated Net Profit

YoY Growth in quarter ended Jun 2025 is -8.41% vs 3.71% in Jun 2024

All Quarterly Results

Annual Results Snapshot (Consolidated) - Dec'24

Dec'24

Dec'23

Change(%)

Net Sales

9,541.00

9,132.00

4.48%

Operating Profit (PBDIT) excl Other Income

1,804.00

1,764.00

2.27%

Interest

165.00

158.00

4.43%

Exceptional Items

0.00

Consolidate Net Profit

1,122.00

1,099.00

2.09%

Operating Profit Margin (Excl OI)

159.50%

164.80%

-0.53%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Dec 2024 is 4.48% vs -9.92% in Dec 2023

Consolidated Net Profit

YoY Growth in year ended Dec 2024 is 2.09% vs -13.80% in Dec 2023

All Annual Results

Company CV

About Thule Group AB

Thule Group AB

Automobiles

Thule Group AB is a Sweden-based company engaged in the development and manufacture of sport, outdoor and cargo products. Its offering is divided in two business segments: Outdoor&Bags and Specialty. The Outdoor&Bags segment comprises three product categories: sport and cargo carriers, bags for electronic devices, and other outdoor and bags; as well as several product groups, namely bike and car carriers, water and winter carriers, camera bags, laptop cases, recreational vehicle products, roof racks, and sports and travel bags, among others. The Specialty segment comprises two product categories: work gear and snow chains; and such product groups as pick-up truck tool boxes, and professional and consumer snow chains. The Company’s brands are Thule, Case Logic, Konig, UWS, TracRac and SportRac. Its products are sold to retailers, distributors and wholesalers and available in more than 130 countries. The Company is a subsidiary of Thule Group.

Company Coordinates

Company Details

Fosievagen 13 , MALMO None : 214 31

Tel: 46 40 6359000

http://www.thulegroup.com

Registrar Details