Thule Group AB (THULE)

Currency in SEK
216.00
+4.20(+1.98%)
Closed·
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Fair Value
Day's Range
211.80217.00
52 wk Range
185.10293.40
Key Statistics
Prev. Close
211.8
Open
211.8
Day's Range
211.8-217
52 wk Range
185.1-293.4
Volume
194.62K
Average Volume (3m)
286.15K
1-Year Change
-25.9767%
Book Value / Share
70.89
Fair Value
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Fair Value Upside
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THULE Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
269.38
Upside
+24.71%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a high P/E ratio relative to near-term earnings growth

Thule Group AB News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Strong Buy

Analyst Ratings

6 Buy
2 Hold
0 Sell
Ratings:
8 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 269.38
(+24.71% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
UBS
Hold230.00+6.48%270.00MaintainJul 22, 2026
Kepler Cheuvreux
Buy250.00+15.74%240.00MaintainApr 30, 2026
Kepler Cheuvreux
Buy240.00+11.11%280.00MaintainMar 27, 2026
UBS
Hold270.00+25.00%260.00MaintainFeb 11, 2026
UBS
Hold260.00+20.37%-New CoverageDec 11, 2025

Thule Group AB Earnings Call Summary for Q2/2026

  • Thule Q2 organic sales rose 2.5% with record gross margin of 47.3% and adjusted EBIT margin of 22.8%, though stock fell 4% on North America weakness
  • Europe grew 4% while North America declined 2% organically; retailers reduced inventory despite improved consumer sell-through and direct-to-consumer demand
  • Company plans 2.5% price increases effective Aug. 1 and expects SEK 50M in Q3 tariff refunds to offset rising aluminum costs hitting margins
  • Net debt-to-EBITDA improved to 1.9x; management targeting continued margin expansion through supply chain efficiency and focus on Champion categories
  • RV market softness and raw material inflation pose near-term headwinds; pricing benefits expected to fully materialize in Q4 alongside new product launches
Last Updated: 2026-07-20, 05:28 a/m
Read Full Transcript

Earnings

Latest Release
Jul 20, 2026
EPS / Forecast
5.14 / 5.23
Revenue / Forecast
3.42B / 3.46B
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 10.80%
Dividend Yield
3.92%
Industry Median 3.18%
Annualized payout
8.30
Paid unevenly
5-Years Growth
+0.74%
Growth Streak

THULE Income Statement

Compare THULE to Peers and Sector

Metrics to compare
THULE
Peers
Sector
Relationship
P/E Ratio
19.8x14.4x10.4x
PEG Ratio
1.820.000.02
Price/Book
3.0x1.3x1.4x
Price / LTM Sales
2.2x0.8x0.9x
Upside (Analyst Target)
30.6%57.6%30.5%
Fair Value Upside
Unlock23.3%13.6%Unlock

Thule Group AB (publ) operates as a sports and outdoor company in Europe, North America, and internationally. It offers roof boxes, roof racks, bike carriers, rooftop tents, and windbreakers, as well as solutions for water and winter sports. The company also provides bike trailers, jogging and all-terrain strollers, child bikes, car seats, and carriers and harnesses for dog transportation; and duffel bags, backpacks, luggage, laptop bags, hiking backpacks, camera bags, and cases for consumer electronics. It sells its products under the Case Logic, Thule, and Quad Lock brands. The company was founded in 1942 and is headquartered in Malmö, Sweden.

Employees
3000
Market
Sweden

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
24.52M22.74%5.24B
Other Institutional Investors
50.76M47.07%10.84B
Public Companies & Retail Investors
32.56M30.19%6.95B
Total
107.84M100.00%23.03B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
AMF Fonder AB12.97%13,987,0712,987,638
Handelsbanken Asset Management8.59%9,261,9991,978,363

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FAQ

What Is the Thule Group AB (THULE) Stock Price Today?

The Thule Group AB stock price today is 216.00 SEK.

What Stock Exchange Does Thule Group AB Trade On?

Thule Group AB is listed and trades on the Stockholm Stock Exchange.

What Is the Stock Symbol for Thule Group AB?

The stock symbol for Thule Group AB is "THULE."

Does Thule Group AB Pay Dividends? What’s The Current Dividend Yield?

The Thule Group AB dividend yield is 3.92%.

What Is the Thule Group AB Market Cap?

As of today, Thule Group AB market cap is 23.29B SEK.

What Is Thule Group AB's Earnings Per Share (TTM)?

The Thule Group AB EPS (TTM) is 10.80.

When Is the Next Thule Group AB Earnings Date?

Thule Group AB will release its next earnings report on Oct 22, 2026.

From a Technical Analysis Perspective, Is THULE a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has Thule Group AB Stock Split?

Thule Group AB has split 0 times.

How Many Employees Does Thule Group AB Have?

Thule Group AB has 3000 employees.

What is the current trading status of Thule Group AB (THULE)?

As of Jul 25, 2026, Thule Group AB (THULE) is trading at a price of 216.00 SEK, with a previous close of 211.80 SEK. The stock has fluctuated within a day range of 211.80 SEK to 217.00 SEK, while its 52-week range spans from 185.10 SEK to 293.40 SEK.

What Is Thule Group AB (THULE) Price Target According to Analysts?

The average 12-month price target for Thule Group AB is 269.38 SEK, with a high estimate of 300 SEK and a low estimate of 225 SEK. 6 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Buy. The stock has an +24.71% Upside potential.
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