Thule Group AB/Skr THULE
1D1W1MYTD1Y5YMAX
Capital at risk
About Thule Group AB
Thule Group AB is a company based in Sweden that operates within the outdoor and transportation industries. It specializes in designing, manufacturing, and selling products that facilitate an active lifestyle, including vehicle roof racks, rooftop boxes, bike carriers, and awnings. Founded in 1942, Thule Group has expanded its portfolio to include products such as backpacks, luggage, and child-related items like jogging strollers. With its headquarters in Malmö, Sweden, Thule Group has a broad geographic presence, distributing products to markets globally. The company's strategic positioning is strengthened by its focus on high-quality design and functionality, catering to consumers who value active and outdoor lifestyles.
- Ticker
- Skr THULE
- Sector
- Consumer Discretionary
- Primary listing
- XSTO
- Employees
- 3,000
- Headquarters
- Malmö, Sweden
- Website
- www.thulegroup.com
Thule Group AB Metrics
BasicAdvanced
kr 21B
18.44
kr 10.80
1.28
kr 8.30
4.17%
Price and volume
Market cap
kr 21B
Beta
1.28
52-week high
kr 257.00
52-week low
kr 185.10
Average daily volume
234K
Dividend rate
kr 8.30
Financial strength
Current ratio
1.586
Quick ratio
0.851
Long term debt to equity
0.576
Total debt to equity
0.59
Dividend payout ratio (TTM)
76.82%
Interest coverage (TTM)
7.80%
Profitability
EBITDA (TTM)
1,954
Gross margin (TTM)
46.32%
Net profit margin (TTM)
11.25%
Operating margin (TTM)
16.71%
Effective tax rate (TTM)
25.46%
Revenue per employee (TTM)
kr 3,450,000
Management effectiveness
Return on assets (TTM)
7.13%
Return on equity (TTM)
15.85%
Valuation
Price to earnings (TTM)
18.44
Price to revenue (TTM)
2.074
Price to book
2.79
Price to tangible book (TTM)
-27.34
Price to free cash flow (TTM)
18.659
Free cash flow yield (TTM)
5.36%
Free cash flow per share (TTM)
10.673
Dividend yield (TTM)
4.17%
Growth
Revenue change (TTM)
2.68%
Earnings per share change (TTM)
10.90%
3-year revenue growth (CAGR)
4.62%
10-year revenue growth (CAGR)
6.83%
3-year earnings per share growth (CAGR)
6.59%
10-year earnings per share growth (CAGR)
7.59%
3-year dividend per share growth (CAGR)
-3.37%
10-year dividend per share growth (CAGR)
12.75%
Bulls say / Bears say
Net sales rose to SEK 3 421 million in Q2 2026, up 0.5% year-on-year, driven by 2.5% organic sales growth despite challenging market conditions (Thule Group)
Adjusted operating margin expanded to 22.8% in Q2 (versus 21.6% last year) and first-half adjusted margin reached 20.1% (up from 18.7%), reflecting successful efficiency improvements and operational leverage (Thule Group)
The Active with Kids & Dogs product area delivered 7.9% organic growth, bolstered by continued momentum in Champion candidate categories and the strategic acquisition of curli (Thule Group)
North American organic revenue declined by 2.3% in Q2 2026, highlighting persistent regional headwinds that may require further market interventions (Thule Group)
Exchange rate fluctuations deducted 2.0% from Q2 sales and 4.3% from first-half sales, exposing the company to translation risks in a volatile currency environment (Thule Group)
Rising raw material prices are negatively impacting costs, forcing planned price increases in Q3 that could dampen consumer demand and overall volume growth (Thule Group)
Data summarised monthly by Lightyear AI. Last updated on 1 Sept 2026.
Upcoming events
Funds containing Thule Group AB
AllEURGBPUSD
Fund name | Fund size | Skr THULE weighting |
|---|---|---|
iShares STOXX Europe 600 Personal & Household Goods€EXH7 | €184M | 0.25% |
Xtrackers MSCI Europe Small Cap€DX2J | €3.2B | 0.15% |
Xtrackers MSCI Europe Small Cap£XXSC | £2.8B | 0.15% |
L&G Global Quality Dividends£LDGG | £279M | 0.04% |
WisdomTree Global Quality Dividend Growth£GGRG | £1.9B | 0.04% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.