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Thule Group stock price, quote, forecast and news

THULE.ST
SE0006422390
A12FTD

Price

292.20 SEK
Today +/-
+0.14 SEK
Today %
+0.55 %
P

Thule Group stock price

SEK
%
Weekly
Details

Price

Overview

The Quote Chart provides detailed and dynamic insights into the Thule Group stock's performance, showcasing daily, weekly, or monthly aggregated quotes. Users can switch between different time frames to analyze the stock's progression meticulously and make informed investment decisions.

Intraday Feature

The intraday feature provides real-time data, allowing investors to view the Thule Group stock’s price fluctuations within the trading day, facilitating timely and strategic investment decisions.

Total Return and Relative Price Change

View the total return of the Thule Group stock to gauge its profitability over time. The relative price change, based on the first quote available in the selected timeframe, offers insights into the stock’s performance, assisting in evaluating its investment potential.

Interpretation and Investment

Utilize the comprehensive data presented in the Quote Chart to analyze Thule Group's market trends, price movements, and potential returns. Make informed investment choices by comparing different time frames and evaluating intraday data for optimized portfolio management.

Thule Group Stock Price History

DateThule Group Price
9/13/2024292.20 SEK
9/12/2024290.60 SEK
9/11/2024283.20 SEK
9/10/2024294.60 SEK
9/9/2024293.00 SEK
9/6/2024290.00 SEK
9/5/2024295.20 SEK
9/4/2024292.00 SEK
9/3/2024305.00 SEK
9/2/2024302.80 SEK
8/30/2024309.20 SEK
8/29/2024304.60 SEK
8/28/2024300.20 SEK
8/27/2024294.60 SEK
8/26/2024292.80 SEK
8/23/2024296.60 SEK
8/22/2024294.00 SEK
8/21/2024288.20 SEK
8/20/2024292.00 SEK
8/19/2024295.20 SEK

Thule Group Revenue, EBIT, Net Income

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  • Max

Revenue
EBIT
Net Income
Details

Revenue, EBIT and Profit

Understanding Revenue, EBIT, and Income

Gain insights into Thule Group, a comprehensive overview of its financial performance can be obtained by analyzing the Revenue, EBIT, and Income chart. Revenue represents the total income generated by Thule Group from its primary operations, showcasing the company’s ability to attract and retain clients. EBIT, or Earnings Before Interest and Taxes, indicates the company’s operational profitability, free from the influence of tax and interest expenses. The Income section reflects Thule Group’s net earnings, an ultimate measure of its financial health and profitability.

Yearly Analysis and Comparisons

Observe the yearly bars to understand the annual performance and growth of Thule Group. Compare the Revenue, EBIT, and Income to evaluate the company’s efficiency and profitability. A higher EBIT compared to the previous year suggests an improvement in operational efficiency. Likewise, an increase in Income indicates enhanced overall profitability. Analyzing the year-to-year comparison assists investors in understanding the company’s growth trajectory and operational efficiency.

Utilizing Expectations for Investment

The expected values for the forthcoming years offer investors a glimpse into Thule Group’s anticipated financial performance. Analyzing these projections alongside historical data aids in making informed investment decisions. Investors can gauge the potential risks and returns, aligning their investment strategies accordingly to optimize profitability and mitigate risks.

Investment Insights

Leveraging the comparison between Revenue and EBIT helps in assessing Thule Group’s operational efficiency, while the Revenue and Income comparison reveals the net profitability after accounting for all expenses. Investors can derive valuable insights by meticulously analyzing these financial parameters, laying the foundation for strategic investment decisions aimed at capitalizing on Thule Group’s growth potential.

Thule Group Revenue, EBIT and net profit per share

DateThule Group RevenueThule Group EBITThule Group Net Income
2030e13.99 B SEK2.87 B SEK0 SEK
2029e13.35 B SEK2.68 B SEK0 SEK
2028e12.67 B SEK2.5 B SEK0 SEK
2027e11.98 B SEK2.32 B SEK0 SEK
2026e11.25 B SEK2.22 B SEK1.66 B SEK
2025e10.55 B SEK2 B SEK1.49 B SEK
2024e9.87 B SEK1.71 B SEK1.26 B SEK
20239.13 B SEK1.51 B SEK1.1 B SEK
202210.14 B SEK1.71 B SEK1.28 B SEK
202110.39 B SEK2.34 B SEK1.79 B SEK
20207.83 B SEK1.59 B SEK1.17 B SEK
20197.04 B SEK1.2 B SEK883 M SEK
20186.48 B SEK1.16 B SEK837 M SEK
20175.87 B SEK1.07 B SEK707 M SEK
20165.3 B SEK922 M SEK676 M SEK
20155.32 B SEK837 M SEK444 M SEK
20144.56 B SEK644 M SEK-140 M SEK
20134.33 B SEK525 M SEK61 M SEK
20124.36 B SEK542 M SEK268 M SEK
20114.12 B SEK533 M SEK220 M SEK

Thule Group Income Statement, Balance Sheet, Cash Flow Statement

  • Simple

  • Expanded

  • Income Statement

  • Balance Sheet

  • Cashflow

 
REVENUE (B SEK)REVENUE GROWTH (%)GROSS MARGIN (%)GROSS INCOME (B SEK)EBIT (B SEK)EBIT MARGIN (%)NET INCOME (B SEK)NET INCOME GROWTH (%)DIV. (SEK)DIV. GROWTH (%)SHARES (M)DOCUMENTS
20112012201320142015201620172018201920202021202220232024e2025e2026e2027e2028e2029e2030e
4.124.364.334.565.325.35.876.487.047.8310.3910.149.139.8710.5511.2511.9812.6713.3513.99
-5.82-0.715.2016.77-0.3010.7110.428.5411.2232.68-2.39-9.928.036.956.606.525.785.314.86
37.8538.0137.3139.8438.6141.3741.1640.5040.2041.2540.0538.0640.92-------
1.561.661.621.822.052.192.422.632.833.234.163.863.740000000
0.530.540.530.640.840.921.071.161.21.592.341.711.511.7122.222.322.52.682.87
12.9312.4312.1214.1415.7317.3818.1717.9416.9820.3222.5316.8316.4817.2918.9119.7719.3219.7120.0920.47
0.220.270.06-0.140.440.680.710.840.881.171.791.281.11.261.491.660000
-21.82-77.24-329.51-417.1452.254.5918.395.5032.0553.52-28.77-13.8014.6517.9411.98----
--------------------
--------------------
10010010085.9100.63101.81102.56103.12103.35103.99105.57105.18105.270000000
--------------------
Details

Keystats

Revenue and Growth

The Thule Group Revenue and Revenue Growth are pivotal to understanding the company's financial health and operational efficiency. A consistent increase in revenue indicates a company’s ability to effectively market and sell its products or services, while the revenue growth percentage offers insights into the pace at which the company is expanding over the years.

Gross Margin

The Gross Margin is a crucial metric that showcases the percentage of revenue exceeding the cost of goods sold (COGS). A higher gross margin is indicative of a company’s efficiency in controlling its production costs, thereby promising potential profitability and financial stability.

EBIT and EBIT Margin

EBIT (Earnings Before Interest and Taxes) and EBIT Margin offer deep insights into a company’s profitability, excluding the impacts of interest and taxes. Investors often assess these metrics to gauge the operational efficiency and inherent profitability of a business, separate from its financial structure and tax environment.

Income and Growth

Net Income and its subsequent growth are quintessential for investors looking to understand a company’s profitability. Consistent income growth underscores a company’s ability to enhance its profitability over time, reflecting operational efficiency, strategic competitiveness, and financial health.

Shares Outstanding

Shares outstanding refer to the total number of shares a company has issued. It's instrumental in calculating key metrics like Earnings Per Share (EPS) which is pivotal for investors to evaluate a company’s profitability on a per-share basis, offering a more granular view of financial health and valuation.

Interpreting Year to Year Comparison

Comparing yearly data allows investors to identify trends, assess the company’s growth, and anticipate potential future performance. Analyzing how metrics like revenue, income, and margins change year over year can provide valuable insights into the company’s operational efficiency, competitiveness, and overall financial health.

Expectations and Predictions

Investors often juxtapose the current and past financial data with the market’s expectations. This comparison aids in assessing whether the Thule Group is performing as anticipated, underperforming or outperforming the market predictions, providing pivotal data for investment decisions.

 
ASSETSCASH BALANCE (M SEK)RECEIVABLES (M SEK)OTHER REC. (M SEK)INVENTORIES (B SEK)OTHER CURRENT LIAB. (M SEK)CURRENT ASSETS (B SEK)TANGIBLE ASSETS (B SEK)LONG-T. INVEST. (M SEK)LONG-T. REC. (M SEK)INTANGIBLE ASSETS (M SEK)GOODWILL (B SEK)OTHER NON-CURRENT ASSETS (M SEK)NON-CURRENT ASSETS (B SEK)TOTAL ASSETS (B SEK)LIABILITIESCOMMON STOCK (k SEK)ADDITIONAL PAID-IN CAPITAL (B SEK)RETAINED EARNINGS (B SEK)OTHER EQUITY (M SEK)UNREAL. GAINS/LOSSES (M SEK)EQUITY (B SEK)LIABILITIES (B SEK)PROVISIONS (M SEK)OTHER SHORT-TERM LIAB. (M SEK)SHORT-TERM DEBTS (M SEK)LONG-TERM DEBT PORTION (M SEK)SHORT-TERM REC. (B SEK)LONG-T. LIAB. (B SEK)DEFERRED TAXES (M SEK)OTHER LIAB. (M SEK)LONG-T. LIABILITIES (B SEK)DEBT (B SEK)TOTAL CAPITAL (B SEK)
2011201220132014201520162017201820192020202120222023
                         
34043338511427476358118626870614917694
985905803754610584580655704762872723706
7660697113322210210192179211209371
0.870.910.920.80.720.830.821.081.091.072.513.132.3
48554251551674769625581108198
2.322.362.221.791.792.562.132.092.222.773.824.353.67
0.870.880.890.560.490.580.650.781.021.031.482.012.12
0000000000000
765651891356887
297513044293232284440383630
4.694.484.34.044.034.214.154.454.624.264.524.964.86
566521486520508495325341375343326320281
6.165.975.825.175.115.325.165.616.075.686.377.337.3
8.488.338.046.956.97.887.297.78.298.4510.1911.6810.97
                         
0001,0001,0001,0001,0001,0001,00001,0001,0001,000
1.031.031.032.042.042.122.242.372.372.652.652.642.92
1.031.251.351.231.481.871.481.681.82.953.113.113.21
-520-611-583-300-286-165-251-38169-34952801719
0000000000000
1.541.671.82.973.233.833.474.014.335.255.826.556.85
0.540.630.510.50.450.520.520.560.530.661.060.580.65
623560532327341379382406430564716631513
188143178239210395292169131327364307211
0000000000003
10120025625856895352667999
1.461.541.481.321.011.31.21.151.141.62.21.591.48
5.064.614.372.382.352.452.272.142.331.041.552.982.03
176181185154184157185221259309370393399
249319201135132153162174220239252158212
5.485.114.762.672.672.762.622.542.811.592.173.532.64
6.946.656.233.993.674.063.823.693.963.24.385.134.12
8.488.328.036.956.97.887.297.78.298.4510.1911.6810.97
Details

Balance Sheet

Understanding the Balance Sheet

The balance sheet of Thule Group provides a detailed financial snapshot, revealing the company's assets, liabilities, and equity at a specific point in time. Analyzing these components is crucial for investors looking to understand Thule Group's financial health and stability.

Assets

Thule Group's assets represent everything the company owns or controls that has monetary value. These are categorized into current and non-current assets, offering insights into the company's liquidity and long-term investments.

Liabilities

Liabilities are obligations that Thule Group must settle in the future. Analyzing the ratio of liabilities to assets provides insights into the company's financial leverage and risk exposure.

Equity

Equity refers to the residual interest in the assets of Thule Group after deducting liabilities. It represents the owners’ claim on the company’s assets and earnings.

Year-to-Year Analysis

Comparing balance sheet figures year-to-year allows investors to identify trends, growth patterns, and potential financial risks, facilitating informed investment decisions.

Interpreting the Data

Detailed analysis of assets, liabilities, and equity can provide investors with comprehensive insights into Thule Group's financial standing, aiding in investment evaluations and risk assessments.

 
NET INCOME (B SEK)DEPRECIATION (M SEK)DEFERRED TAXES (M SEK)CHANGES IN WORKING CAPITAL (M SEK)NON-CASH ITEM (M SEK)PAID INTEREST (M SEK)PAID TAXES (M SEK)NET CASH FLOW FROM OPERATING ACTIVITIES (B SEK)CAPITAL EXPENDITURES (M SEK)CASH FLOW FROM INVESTING ACTIVITIES (M SEK)CASH FLOW FROM OTHER INVESTING ACTIVITIES (M SEK)INTEREST INCOME AND EXPENSES (M SEK)NET DEBT CHANGE (B SEK)NET CHANGE IN EQUITY (B SEK)CASH FLOW FROM FINANCING ACTIVITIES (M SEK)CASH FLOW FROM OTHER FINANCING ACTIVITIES (k SEK)TOTAL DIVIDENDS PAID (M SEK)NET CHANGE IN CASH FLOW (M SEK)FREE CASH FLOW (M SEK)SHARE-BASED COMPENSATION (M SEK)
2011201220132014201520162017201820192020202120222023
0.120.350.410.320.770.891.021.111.151.532.31.651.42
1451714594349382718514701592060
0000000000000
-228-115-179-94-172-134-156-626-276-142-1,352-1,292127
27117-303-306-2443423313229177261303
2922892543365343464240032640
55564955137176138369298183402410509
0.310.420.390.360.660.880.970.611.031.611.130.621.85
-124-145-101-173-101-132-144-179-161-173-507-444-251
-250-134-160354-37-22217-253-171-170-503-464-251
-12611-5952764-90161-74-1034-200
0000000000000
-0.04-0.18-0.27-1.99-0.270-0.18-0.26-0.05-1.290.441.23-0.99
0001.0100.080.120.13-00.28-0-00.28
-36-183-274-987-465-169-1,169-749-779-1,001-1,186-136-1,679
00000000-1,0000-1,000-4,0001,000
0000-200-253-1,113-619-7220-1,621-1,359-967
2393-48-271160489-182-39481438-55727-82
1862792891825617468284278691,4416211721,599
0000000000000

Thule Group stock margins

The Thule Group margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Thule Group. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Thule Group.
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Gross margin
EBIT margin
Profit margin
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Margin

Understanding Gross Margin

The gross margin, expressed as a percentage, delineates the gross profit made from the Thule Group's sales revenue. A higher gross margin percentage indicates that the Thule Group retains more revenue after accounting for the costs of goods sold. Investors use this metric to gauge financial health and operational efficiency, as well as to compare it with competitors and industry averages.

EBIT Margin Analysis

EBIT margin represents the Thule Group's earnings before interest and taxes. Analyzing the EBIT margin over different years provides insights into the operational profitability and efficiency, excluding the effects of financial leverage and tax structure. A growing EBIT margin over the years signifies improving operational performance.

Revenue Margin Insights

The revenue margin demonstrates the Thule Group's total revenue generated. When comparing the revenue margin year over year, investors can gauge the Thule Group's growth and market expansion. It is essential to compare the revenue margin with the gross and EBIT margins to understand the cost and profit structures better.

Interpreting Expectations

The expected values for gross, EBIT, and revenue margins provide future financial outlook of the Thule Group. Investors should compare these expectations with historical data to understand potential growth and risk factors. It is crucial to consider the underlying assumptions and methodologies used in projecting these expected values to make informed investment decisions.

Comparative Analysis

Comparing the gross, EBIT, and revenue margins, both yearly and over multiple years, enables investors to perform a comprehensive analysis of the Thule Group's financial health and growth prospects. Evaluating the trends and patterns in these margins helps in identifying strengths, weaknesses, and potential investment opportunities.

Thule Group Margin History

Thule Group Gross marginThule Group Profit marginThule Group EBIT marginThule Group Profit margin
2030e40.92 %20.47 %0 %
2029e40.92 %20.09 %0 %
2028e40.92 %19.71 %0 %
2027e40.92 %19.32 %0 %
2026e40.92 %19.77 %14.8 %
2025e40.92 %18.91 %14.09 %
2024e40.92 %17.29 %12.78 %
202340.92 %16.48 %12.03 %
202238.06 %16.83 %12.58 %
202140.05 %22.53 %17.23 %
202041.25 %20.32 %14.9 %
201940.2 %16.98 %12.55 %
201840.5 %17.94 %12.91 %
201741.16 %18.17 %12.04 %
201641.37 %17.38 %12.75 %
201538.61 %15.73 %8.35 %
201439.84 %14.14 %-3.07 %
201337.31 %12.12 %1.41 %
201238.01 %12.43 %6.14 %
201137.85 %12.93 %5.34 %

Thule Group Stock Sales Revenue, EBIT, Earnings per Share

The Thule Group earnings per share therefore indicates how much revenue Thule Group has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Sales per Share
EBIT per share
Earnings per Share
Details

Revenue, EBIT and Earnings per share

Revenue Per Share

Revenue per share represents the total revenue Thule Group earns, divided by the number of outstanding shares. It is a crucial metric as it reflects the company's ability to generate sales and signifies growth and expansion potential. Comparing yearly revenue per share allows investors to analyze the consistency in a company’s earnings and predict future trends.

EBIT Per Share

EBIT per share indicates Thule Group's earning before interest and taxes, offering insights into operational profitability excluding the effects of capital structure and tax rates. It can be juxtaposed against revenue per share to gauge the efficiency in converting sales into profits. A consistent increase in EBIT per share over the years underscores operational efficiency and profitability.

Income Per Share

Income per share, or earnings per share (EPS), reveals the portion of Thule Group’s profit allocated to each share of common stock. It’s instrumental in evaluating the profitability and financial health. By comparing it with revenue and EBIT per share, investors discern how effectively a firm translates sales and operational profits into net income.

Expected Values

Expected values are projections of revenue, EBIT, and income per share for forthcoming years. These anticipations, rooted in historical data and market analysis, aid investors in strategizing their investments, evaluating Thule Group's prospective performance, and estimating future stock prices. However, it’s pivotal to consider market volatilities and uncertainties that can influence these projections.

Thule Group Revenue, EBIT and net profit per share

DateThule Group Sales per ShareThule Group EBIT per shareThule Group Earnings per Share
2030e132.35 SEK0 SEK0 SEK
2029e126.22 SEK0 SEK0 SEK
2028e119.85 SEK0 SEK0 SEK
2027e113.31 SEK0 SEK0 SEK
2026e106.38 SEK0 SEK15.74 SEK
2025e99.79 SEK0 SEK14.06 SEK
2024e93.3 SEK0 SEK11.92 SEK
202386.75 SEK14.3 SEK10.44 SEK
202296.39 SEK16.22 SEK12.12 SEK
202198.38 SEK22.16 SEK16.96 SEK
202075.28 SEK15.3 SEK11.21 SEK
201968.1 SEK11.56 SEK8.54 SEK
201862.88 SEK11.28 SEK8.12 SEK
201757.25 SEK10.4 SEK6.89 SEK
201652.1 SEK9.06 SEK6.64 SEK
201552.86 SEK8.32 SEK4.41 SEK
201453.04 SEK7.5 SEK-1.63 SEK
201343.31 SEK5.25 SEK0.61 SEK
201243.62 SEK5.42 SEK2.68 SEK
201141.22 SEK5.33 SEK2.2 SEK

Thule Group business model

The Thule Group AB is a Swedish company with its headquarters in Malmö. It was founded in the 1940s and has since become one of the world's leading providers of products for the transportation of outdoor equipment, bicycles, and other cargo. The company has offices in over 50 countries and employs more than 4,000 people. Thule Group is one of the most popular companies on Eulerpool.com.

Thule Group SWOT Analysis

Strengths

Thule Group AB possesses several strengths that contribute to its success in the market. Firstly, the company has a strong brand image built on innovation, quality, and durability. This helps Thule in enhancing customer loyalty and attracting new consumers. Additionally, Thule has a wide range of product offerings in categories such as rooftop cargo carriers, bike racks, and luggage, providing it with a diversified revenue stream. The company also benefits from its extensive distribution network, allowing it to reach customers globally.

Weaknesses

Despite its strengths, Thule Group AB faces certain weaknesses that can hinder its growth. One such weakness is the company's dependency on external suppliers for raw materials and components. Any disruptions in the supply chain can impact Thule's production and distribution. Moreover, Thule has relatively higher production costs compared to its competitors, which can affect its pricing strategy and profitability. Lastly, the company may face challenges in entering new markets due to existing strong competitors.

Opportunities

Thule Group AB operates in an industry with several opportunities for growth. The increasing trend of outdoor activities and adventure tourism presents a favorable market for Thule's products. The company can also capitalize on the growing demand for eco-friendly and sustainable transportation solutions, offering products that are both functional and environmentally conscious. Furthermore, Thule has the opportunity to expand its market presence in emerging economies, where there is a rising middle class with higher disposable incomes.

Threats

Thule Group AB also faces various threats that may impact its business operations. Intense competition from both established companies and new entrants within the industry poses a threat to Thule's market share. Rapidly changing consumer preferences and trends require the company to continuously innovate and adapt its product portfolio. Additionally, economic uncertainties and fluctuations can affect consumer spending on non-essential products such as Thule's offerings. Lastly, political and trade tensions between countries can lead to disruptions in the global supply chain, impacting Thule's manufacturing and distribution processes.

Thule Group Eulerpool Fair Value

Details

Fair Value

Understanding Fair Value

The fair value of a stock provides insights into whether the stock is currently undervalued or overvalued. It is calculated based on profit, revenue, or dividends and offers a comprehensive perspective of the stock’s intrinsic value.

Income-Based Fair Value

This is calculated by multiplying the earnings per share by the average P/E ratio of the selected past years for smoothing. If the fair value is higher than the current market price, it suggests that the stock is undervalued.

Example 2022

Fair Value Profit 2022 = Earnings per Share 2022 / Average P/E Ratio 2019 - 2021 (3 Years Smoothing)

Revenue-Based Fair Value

It is derived by multiplying the revenue per share by the average price-to-sales ratio of the selected past years for smoothing. An undervalued stock is identified if the fair value exceeds the ongoing market price.

Example 2022

Fair Value Revenue 2022 = Revenue per Share 2022 / Average PSR 2019 - 2021 (3 Years Smoothing)

Dividend-Based Fair Value

This value is determined by dividing the dividend per share by the average dividend yield of the selected past years for smoothing. A higher fair value than the market price indicates an undervalued stock.

Example 2022

Fair Value Dividend 2022 = Dividend per Share 2022 * Average Dividend Yield 2019 - 2021 (3 Years Smoothing)

Expectations and Forecasts

Future expectations provide potential trajectories for stock prices and aid investors in decision-making. The expected values are forecasted figures of fair value, taking into account the growth or decline trends of profit, revenue, or dividend.

Comparative Analysis

Comparing the fair value based on profit, revenue, and dividend provides a holistic overview of the stock’s financial health. Observing the annual and per-annual variations contributes to understanding the consistency and reliability of stock performance.

Thule Group historical P/E ratio, EBIT, and P/S ratio.

Thule Group shares outstanding

The number of shares was Thule Group in 2023 — This indicates how many shares 105.267 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
Details

Revenue, EBIT and Earnings per share

Revenue Per Share

Revenue per share represents the total revenue Thule Group earns, divided by the number of outstanding shares. It is a crucial metric as it reflects the company's ability to generate sales and signifies growth and expansion potential. Comparing yearly revenue per share allows investors to analyze the consistency in a company’s earnings and predict future trends.

EBIT Per Share

EBIT per share indicates Thule Group's earning before interest and taxes, offering insights into operational profitability excluding the effects of capital structure and tax rates. It can be juxtaposed against revenue per share to gauge the efficiency in converting sales into profits. A consistent increase in EBIT per share over the years underscores operational efficiency and profitability.

Income Per Share

Income per share, or earnings per share (EPS), reveals the portion of Thule Group’s profit allocated to each share of common stock. It’s instrumental in evaluating the profitability and financial health. By comparing it with revenue and EBIT per share, investors discern how effectively a firm translates sales and operational profits into net income.

Expected Values

Expected values are projections of revenue, EBIT, and income per share for forthcoming years. These anticipations, rooted in historical data and market analysis, aid investors in strategizing their investments, evaluating Thule Group's prospective performance, and estimating future stock prices. However, it’s pivotal to consider market volatilities and uncertainties that can influence these projections.

Thule Group dividend history and estimates

In 2023, Thule Group paid a dividend amounting to 9.2 SEK. Dividend means that Thule Group distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
Details

Dividend

Dividend Overview

The dividend per year chart for Thule Group provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Thule Group’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Thule Group's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Thule Group Dividend History

DateThule Group Dividend
2030e9.37 SEK
2029e9.38 SEK
2028e9.36 SEK
2027e9.38 SEK
2026e9.39 SEK
2025e9.31 SEK
2024e9.43 SEK
20239.2 SEK
202213 SEK
202111.5 SEK
20197 SEK
20186 SEK
20179.2 SEK
20162.5 SEK
20152 SEK

Thule Group dividend payout ratio

In 2023, Thule Group had a payout ratio of 86.91%. The payout ratio indicates the percentage of the company's profits that Thule Group distributes as dividends.
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Payout ratio
Details

Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Thule Group represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Thule Group could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Thule Group's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Thule Group Payout Ratio History

DateThule Group Payout ratio
2030e90.5 %
2029e90.21 %
2028e91.12 %
2027e90.17 %
2026e89.35 %
2025e93.83 %
2024e87.33 %
202386.91 %
2022107.24 %
202167.83 %
202085.67 %
201981.93 %
201873.92 %
2017133.53 %
201637.65 %
201545.35 %
201485.67 %
201385.67 %
201285.67 %
201185.67 %
Unfortunately, there are currently no price targets and forecasts available for Thule Group.

Thule Group latest earnings and earnings surprises

DateEPS EstimateEPS ActualQuarterly report
6/30/20245.73 SEK5.28 SEK (-7.83 %)2024 Q2
3/31/20242.99 SEK2.83 SEK (-5.26 %)2024 Q1
12/31/20230.14 SEK0.23 SEK (65.35 %)2023 Q4
9/30/20232.81 SEK2.47 SEK (-12.21 %)2023 Q3
6/30/20235.03 SEK5.14 SEK (2.15 %)2023 Q2
3/31/20232.2 SEK2.62 SEK (19.24 %)2023 Q1
12/31/20220.05 SEK-0.15 SEK (-373.22 %)2022 Q4
9/30/20221.83 SEK1.31 SEK (-28.42 %)2022 Q3
6/30/20226.13 SEK5.95 SEK (-2.95 %)2022 Q2
3/31/20224.98 SEK4.99 SEK (0.15 %)2022 Q1
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Eulerpool ESG Scorecard© for the Thule Group stock

Eulerpool World ESG Rating (EESG©)

86/ 100

🌱 Environment

70

👫 Social

99

🏛️ Governance

88

Environment

Scope 1 - Direct Emissions
3,531
Scope 2 - Indirect emissions from purchased energy
35
Scope 3 - Indirect emissions within the value chain
258,575
Total CO₂ emissions
3,566
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency

Social

Percentage of female employees42
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic

Governance (Corporate Governance)

Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Thule Group list of shareholders

%
Name
Stocks
Change
Date
8.03621 % Swedbank Robur Fonder AB8,496,60201/31/2024
4.49262 % Alecta pensionsförsäkring, ömsesidigt4,750,000625,5001/31/2024
3.77952 % Nordea Funds Oy3,996,045597,1491/31/2024
3.66627 % Handelsbanken Kapitalförvaltning AB3,876,313-11,1033/31/2024
3.62231 % The Vanguard Group, Inc.3,829,833-72,9341/31/2024
3.17643 % Columbia Threadneedle Investments (UK)3,358,411-169,2991/31/2024
3.17128 % SEB Investment Management AB3,352,967-39,1311/31/2024
3.10648 % Didner & Gerge Fonder AB3,284,449-741,61512/31/2022
2.85827 % ODIN Forvaltning AS3,022,02401/31/2024
2.46993 % Spiltan Fonder AB2,611,429-63,1001/31/2024
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Thule Group Executives and Management Board

Mr. Hans Eckerstroem51
Thule Group Independent Chairman of the Board
Compensation 1.26 M SEK
Ms. Helene Willberg56
Thule Group Independent Director
Compensation 631,000 SEK
Ms. Helene Mellquist59
Thule Group Independent Director
Compensation 465,000 SEK
Mr. Mattias Ankarberg47
Thule Group President, Chief Executive Officer, Director (since 2018)
Compensation 445,000 SEK
Ms. Therese Reuterswaerd42
Thule Group Independent Director
Compensation 411,000 SEK
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Most common questions regarding Thule Group

What values and corporate philosophy does Thule Group represent?

Thule Group AB represents a set of core values and a corporate philosophy that define its identity. The company strongly values innovation, quality, and sustainability. Thule Group AB promotes a customer-centric approach by continuously developing and improving their products to meet the evolving needs of outdoor enthusiasts. They aim to inspire active lifestyles and facilitate the exploration of the world with their range of products. With a focus on safety and durability, Thule Group AB ensures that their offerings provide trusted solutions for transporting gear and equipment. The company's commitment to environmental responsibility is also reflected in their efforts to minimize their carbon footprint and promote sustainable manufacturing practices.

In which countries and regions is Thule Group primarily present?

Thule Group AB is primarily present in various countries and regions worldwide. As a global company, Thule Group operates across Europe, North America, South America, Asia-Pacific, and Africa. With its headquarters in Sweden, Thule Group has a strong presence in Scandinavian countries like Norway, Denmark, Finland, and Iceland. Additionally, it has established a significant presence in key European markets such as Germany, France, Italy, Spain, and the United Kingdom. In North America, Thule Group has a strong market presence in the United States and Canada. Moreover, the company has expanded its reach to emerging markets in Asia-Pacific, including China, Japan, India, Australia, and New Zealand. Thule Group AB's global reach enables it to cater to customers' needs across various countries and regions.

What significant milestones has the company Thule Group achieved?

Thule Group AB, a renowned company in the stock market, has achieved various significant milestones to cement its position in the industry. With a rich history spanning several decades, Thule Group AB has successfully expanded its product portfolio and global presence. By introducing innovative and high-quality products, they have garnered a strong customer base globally. Thule Group AB's milestones include continuous revenue growth, successful acquisitions, and strategic partnerships. Their commitment to sustainability and environmental responsibility has also gained recognition. These milestones have solidified Thule Group AB's reputation as a leading player in the industry, driving its continual success and growth.

What is the history and background of the company Thule Group?

Thule Group AB, a renowned Swedish company, has an illustrious history and background. Established in 1942, Thule Group initially specialized in manufacturing roof racks for cars. Over the years, the company expanded its product range to include various outdoor and transportation solutions. Today, Thule Group is a global leader in designing and manufacturing premium products for active lifestyles. With a rich heritage spanning over seven decades, Thule Group has consistently delivered innovative and high-quality solutions for outdoor enthusiasts and urban adventurers alike. The company's commitment to customer satisfaction and relentless pursuit of excellence has earned it a strong reputation in the industry.

Who are the main competitors of Thule Group in the market?

The main competitors of Thule Group AB in the market are Yakima Products, Inc., Saris Cycling Group, Inc., and Curt Manufacturing, LLC.

In which industries is Thule Group primarily active?

Thule Group AB is primarily active in the outdoor and recreational industry.

What is the business model of Thule Group?

The business model of Thule Group AB revolves around designing, manufacturing, and distributing a wide range of outdoor and transport solutions. Thule specializes in producing products such as roof racks, bike carriers, cargo carriers, and rooftop tents, catering to outdoor enthusiasts and active families. Thule Group AB focuses on innovation, quality, and functionality while aiming to enhance the overall enjoyment and convenience of outdoor activities. With a strong emphasis on sustainability, Thule Group AB delivers products that are versatile, durable, and environmentally friendly.

What is the P/E ratio of Thule Group 2024?

The Thule Group P/E ratio is 24.41.

What is the P/S ratio of Thule Group 2024?

The Thule Group P/S ratio is 3.12.

What is the AlleAktien quality score of Thule Group?

The AlleAktien quality score for Thule Group is 8/10.

What is the revenue of Thule Group 2024?

The expected Thule Group revenue is 9.87 B SEK.

How high is the profit of Thule Group 2024?

The expected Thule Group profit is 1.26 B SEK.

What is the business model of Thule Group

The Thule Group AB is a Swedish manufacturer of outdoor equipment with a global presence. The company was founded in 1942 and specializes in the development and production of solutions for the transportation of equipment and luggage. Their product range includes roof boxes, bike carriers, strollers, backpacks, and many other innovative products that support freedom and excitement in the outdoors. The Thule Group is a globally positioned company with dedicated operations in over 50 countries. Their products are sold in more than 140 countries through mail-order retailers, specialty stores, and online through the Thule website. The company encompasses the business areas of Outdoor and Water, as well as Baby and Active. They rely on three pillars to ensure that their customers receive outdoor equipment of the highest quality: passion, quality, and innovation. The Outdoor and Water division includes products such as bike carriers, roof boxes, ski carriers, rooftop tents, canoe and kayak carriers, as well as backpacks and travel bags. All their products focus on optimizing storage space on vehicles to be able to transport more equipment. With these systems, Thule enables customers to experience outdoor adventures throughout the year, regardless of the season or weather. The Baby division offers durable and high-quality strollers, baby sleeping bags, travel cribs, and bicycle trailers. These products are specifically designed for young parents who want to provide their families with active and healthy outdoor activities. The products are constantly being developed to meet the needs of parents. The Active division focuses on outdoor enthusiasts who want to experience active adventures without sacrificing comfort. Products such as hammocks, picnic blankets, camping chairs and tables, and much more are designed for outdoor enthusiasts to fully enjoy nature. What customers appreciate about Thule is the use of high-quality materials and the craftsmanship that goes into each product. Thule stands for quality and customer satisfaction, which is ultimately reflected in the price. The company invests in research and development to develop products that meet the needs of the outdoor community and satisfy customers. In summary, the Thule Group AB is a company that focuses on the production of innovative outdoor equipment. By expanding their product portfolio into various business areas and manufacturing products of the highest quality, Thule has established itself as a leading company in the outdoor market. Thule stands for passion, quality, and innovation and is the ideal partner for outdoor enthusiasts who value functional and durable products.

What is the Thule Group dividend?

Thule Group pays a dividend of 13 SEK distributed over 2 payouts per year.

How often does Thule Group pay dividends?

Thule Group pays out a dividend 2 times a year.

What is the Thule Group ISIN?

The ISIN of Thule Group is SE0006422390.

What is the Thule Group WKN?

The WKN of Thule Group is A12FTD.

What is the Thule Group ticker?

The ticker of Thule Group is THULE.ST.

How much dividend does Thule Group pay?

Over the past 12 months, Thule Group paid a dividend of 9.2 SEK . This corresponds to a dividend yield of about 3.15 %. For the coming 12 months, Thule Group is expected to pay a dividend of 9.31 SEK.

What is the dividend yield of Thule Group?

The current dividend yield of Thule Group is 3.15 %.

When does Thule Group pay dividends?

Thule Group pays a quarterly dividend. This is distributed in the months of May, November, May, November.

How secure is the dividend of Thule Group?

Thule Group paid dividends every year for the past 0 years.

What is the dividend of Thule Group?

For the upcoming 12 months, dividends amounting to 9.31 SEK are expected. This corresponds to a dividend yield of 3.19 %.

In which sector is Thule Group located?

Thule Group is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Thule Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Thule Group from 10/10/2024 amounting to 4.75 SEK, you needed to have the stock in your portfolio before the ex-date on 10/4/2024.

When did Thule Group pay the last dividend?

The last dividend was paid out on 10/10/2024.

What was the dividend of Thule Group in the year 2023?

In the year 2023, Thule Group distributed 13 SEK as dividends.

In which currency does Thule Group pay out the dividend?

The dividends of Thule Group are distributed in SEK.

All fundamentals about Thule Group

Our stock analysis for Thule Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Thule Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.