Thule Group (THULE.ST) Stock Price
Thule Group Price
Revenue has compounded at 6.5% per year over the past 21 years to 10.43 B SEK. Earnings per share have grown at 10.3% per year over the last 14 years. Thule Group's net margin stands at 10.7%, down from 17.2% several years earlier. Thule Group currently offers a dividend yield of about 4.41%. The payout ratio is around 80% of earnings. The dividend has grown at 15.3% per year over the past 10 years. Analysts set a median price target of 285.60 SEK, implying 51.8% above the current price. Of 16 analysts, 13 rate the stock a buy — an overall Buy consensus.
Thule Group stock price
Thule Group business model & stock analysis
Frequently asked questions about 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.
Thule Group AB is primarily active in the outdoor and recreational industry.
The main competitors of Thule Group AB in the market are Yakima Products, Inc., Saris Cycling Group, Inc., and Curt Manufacturing, LLC.
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.
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.
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.
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.
Analysts currently set an average price target of 283.41 SEK for the Thule Group stock (median: 285.60 SEK), implying +50.6 % versus the latest price. The consensus is based on 16 analyst ratings.
16 analysts currently rate the Thule Group stock: 13 recommend buying, 3 holding and 0 selling. For 2026, analysts expect Thule Group to generate revenue of 10.56 B SEK and earnings per share of 11.58 SEK.
Converted at the current exchange rate, the Thule Group share trades at 16.81 EUR (188.20 SEK).
The Thule Group share (THULE.ST) is listed on 7 stock exchanges, including: London (0R3W.L), Frankfurt (TU0.F), München (TU0.MU), Düsseldorf (TU0.DU), Stockholm (THULE.ST).
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.
The expected revenue of Thule Group is 10.56 B SEK. This figure is based on current financial data and reflects the company's business performance.
The expected profit of Thule Group is 1.25 B SEK. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Thule Group is currently 16.26. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Thule Group stock.
The price-to-sales ratio (P/S) of Thule Group is currently 1.92. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Thule Group stock.
The Eulerpool Quality Score for Thule Group is 6/10.
The ISIN of Thule Group is SE0006422390. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Thule Group is A12FTD. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Thule Group is THULE.ST. The ticker symbol is used to trade Thule Group shares on the stock exchange.
Thule Group stock
All fundamentals and in-depth analysis of Thule Group
Our stock analysis for Thule Group 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. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.