(THULE) Thule - Ratings and Ratios

Exchange: ST • Country: Sweden • Currency: SEK • Type: Common Stock • ISIN: SE0006422390

THULE: Roof Racks, Carriers, Tents, Trailers, Luggage, Backpacks, Cases

Thule Group AB (publ) is a global leader in the design, development, and distribution of premium sports and leisure products. Headquartered in Malmö, Sweden, the company has built a reputation for innovation and quality since its founding in 1942. Thule Group offers a wide range of solutions for outdoor enthusiasts, including roof racks, roof boxes, and carriers for cycling, water, and winter sports equipment. It also provides rooftop tents, awnings, and bike carriers for RVs and caravans, as well as bike trailers, child bike seats, and strollers. The company’s product portfolio extends to luggage, backpacks, laptop and sport bags, hiking backpacks, camera bags, electronic organizers, toiletry bags, and cases for consumer electronics. These products are sold under the Thule and Case Logic brands, catering to both professional athletes and everyday consumers. Thule Group operates globally, with a strong presence in Europe, North America, and Asia, and is listed on the Stockholm Stock Exchange under the ticker symbol THULE.

Thule Group AB (publ) operates in the Leisure Products industry and is categorized under the GICS Sub Industry. The company’s market capitalization is approximately 28,490.80M SEK, with a trailing P/E ratio of 24.95 and a forward P/E of 18.80. Its price-to-book ratio stands at 3.39, and the price-to-sales ratio is 2.99. The return on equity (RoE) is 13.86%, indicating efficient use of shareholder equity. The stock currently trades at 249.20 SEK, with a 20-day average volume of 321,778 shares. Key technical indicators include an SMA 20 of 275.35, SMA 50 of 319.37, SMA 200 of 318.96, and an ATR of 12.26.

Based on and , Thule Group AB (publ) is expected to face headwinds in the next three months. The stock price, currently below its SMA 20, SMA 50, and SMA 200, suggests bearish momentum. The ATR of 12.26 indicates moderate volatility, which could lead to further downward pressure. However, the forward P/E of 18.80 signals potential upside if the company meets earnings expectations. The high P/B ratio of 3.39 and P/S of 2.99 suggest elevated valuations relative to book value and sales. Overall, the stock is likely to remain range-bound or experience a slight decline in the near term, with stabilization possible if fundamentals improve.

Additional Sources for THULE Stock

Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle

THULE Stock Overview

Market Cap in USD 2,940m
Sector Consumer Cyclical
Industry Leisure
GiC Sub-Industry Leisure Products
IPO / Inception

THULE Stock Ratings

Growth Rating 27.6
Fundamental 34.6
Dividend Rating 52.0
Rel. Strength -21.4
Analysts -
Fair Price Momentum 247.92 SEK
Fair Price DCF 417.20 SEK

THULE Dividends

Dividend Yield 12m 3.33%
Yield on Cost 5y 6.14%
Annual Growth 5y 4.39%
Payout Consistency 79.3%

THULE Growth Ratios

Growth Correlation 3m -92.4%
Growth Correlation 12m 31.8%
Growth Correlation 5y 13.2%
CAGR 5y 11.02%
CAGR/Max DD 5y 0.18
Sharpe Ratio 12m 0.54
Alpha -19.46
Beta 0.728
Volatility 46.82%
Current Volume 158.6k
Average Volume 20d 277.5k
What is the price of THULE stocks?
As of April 26, 2025, the stock is trading at SEK 261.60 with a total of 158,603 shares traded.
Over the past week, the price has changed by +3.07%, over one month by -17.74%, over three months by -25.93% and over the past year by -10.07%.
Is Thule a good stock to buy?
Neither. Based on ValueRay Fundamental Analyses, Thule is currently (April 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 34.62 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of THULE as of April 2025 is 247.92. This means that THULE is currently overvalued and has a potential downside of -5.23%.
Is THULE a buy, sell or hold?
Thule has no consensus analysts rating.
What are the forecast for THULE stock price target?
According to ValueRays Forecast Model, THULE Thule will be worth about 272.9 in April 2026. The stock is currently trading at 261.60. This means that the stock has a potential upside of +4.32%.
Issuer Forecast Upside
Wallstreet Target Price 370 41.4%
Analysts Target Price - -
ValueRay Target Price 272.9 4.3%