Thule Group AB/Skr THULE
1D1W1M3M6MYTD1Y5YMAX
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
16.93
kr 11.54
1.26
kr 8.30
4.25%
Price and volume
Market cap
kr 21B
Beta
1.26
52-week high
kr 256.00
52-week low
kr 184.60
Average daily volume
266K
Dividend rate
kr 8.30
Financial strength
Current ratio
1.795
Quick ratio
0.987
Long term debt to equity
0.519
Total debt to equity
0.533
Dividend payout ratio (TTM)
71.89%
Interest coverage (TTM)
8.03%
Profitability
EBITDA (TTM)
2,026
Gross margin (TTM)
46.77%
Net profit margin (TTM)
11.94%
Operating margin (TTM)
17.25%
Effective tax rate (TTM)
23.81%
Revenue per employee (TTM)
kr 3,480,000
Management effectiveness
Return on assets (TTM)
7.42%
Return on equity (TTM)
15.92%
Valuation
Price to earnings (TTM)
16.933
Price to revenue (TTM)
2.02
Price to book
2.53
Price to tangible book (TTM)
-62.46
Price to free cash flow (TTM)
16.271
Free cash flow yield (TTM)
6.15%
Free cash flow per share (TTM)
12.009
Dividend yield (TTM)
4.25%
Growth
Revenue change (TTM)
1.55%
Earnings per share change (TTM)
17.57%
3-year revenue growth (CAGR)
4.21%
10-year revenue growth (CAGR)
7.01%
3-year earnings per share growth (CAGR)
4.60%
10-year earnings per share growth (CAGR)
5.84%
3-year dividend per share growth (CAGR)
-3.37%
10-year dividend per share growth (CAGR)
12.75%
What the Analysts think about Thule Group AB
Analyst ratings (Buy, Hold, Sell) for Thule Group AB stock.
Analyst projections of the future price of Thule Group AB stock.
Bulls say / Bears say
Active with Kids & Dogs sales grew 13% in the first nine months, with dog transport and child car seats now contributing meaningfully to growth. That gives Thule a promising growth engine beyond its established carriers. (MFN.se)
Profitability is improving: the adjusted operating margin reached 20.0% for the first nine months, up from 18.5% a year earlier. Higher margins despite a difficult market suggest efficiency and product mix are helping offset cost pressure. (MFN.se, Thule Group)
Europe remains a source of growth, with organic sales up 3.9% in the third quarter. Thule also says its innovative premium bike carriers have been well received, supporting its ability to win customers even while spending is cautious. (MFN.se)
Organic growth slowed to 1.2% in the third quarter, below analysts’ roughly 3.1% expectation and well short of Thule’s 7% annual growth target. The latest results therefore leave a considerable gap between current growth and the company’s ambition. (Investing.com, MFN.se)
Demand remains uneven: North American organic sales fell 0.8% and sales in the rest of the world dropped 12.4% in the quarter. Weaker European motorhome and caravan demand, alongside cautious retailer ordering, could keep pressure on sales. (Investing.com, MFN.se)
Third-quarter operating profit included SEK 52 million of tariff refunds, a one-off boost that will not recur. Thule has also flagged higher raw-material and freight costs, with its price increases not fully offsetting them in the quarter. (Investing.com, Thule Group)
Data summarised monthly by Lightyear AI. Last updated on 22 Oct 2026.
Thule Group AB Financial Performance
Revenues and expenses
Thule Group AB Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing Thule Group AB
AllUSDEURGBP
Fund name | Fund size | Skr THULE weighting |
|---|---|---|
Xtrackers MSCI Europe Small Cap£XXSC | $3.6B | 0.13% |
Xtrackers MSCI Europe Small Cap€DX2J | $3.6B | 0.13% |
L&G Global Quality Dividends£LDGG | $353M | 0.04% |
Vanguard ESG Developed Europe All Cap£V3EA | €125M | 0.02% |
Vanguard ESG Developed Europe All Cap£V3EL | €35M | 0.02% |
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.