(THULE) Thule - Ratings and Ratios
Rooftop Tents, Bike Carriers, Outdoor Gear, Car Seats, Luggage
THULE EPS (Earnings per Share)
THULE Revenue
Description: THULE Thule
Thule Group AB is a leading sports and outdoor company that offers a wide range of products, including roof racks, carriers for sports equipment, rooftop tents, and outdoor gear. The companys product portfolio caters to various customer needs, from transporting bicycles and winter sports equipment to providing everyday luggage and laptop bags.
The companys global presence is significant, operating in multiple regions, including Europe, North America, Central/South America, and the Asia/Pacific region. With a strong brand reputation, Thule has established itself as a market leader in the outdoor and sports industry. As a result, the company has a diverse customer base, ranging from outdoor enthusiasts to families and commuters.
To evaluate Thules performance, key performance indicators (KPIs) such as revenue growth, gross margin, and operating margin are crucial. The companys ability to maintain a strong brand and expand its product offerings has likely contributed to its revenue growth. Additionally, Thules geographic diversification helps mitigate regional market risks. With a market capitalization of approximately 30.98 billion SEK, Thule is a significant player in the leisure products industry.
From a financial perspective, Thules price-to-earnings (P/E) ratio of 27.84 and forward P/E of 25.32 indicate that the company is trading at a premium. However, its return on equity (RoE) of 14.56% suggests that the company is generating strong returns for its shareholders. To further assess Thules investment potential, it is essential to analyze its financial statements, including income statements and balance sheets, to gain insights into its profitability, cash flow, and debt management.
THULE Stock Overview
| Market Cap in USD | 2,895m |
| Sub-Industry | Leisure Products |
| IPO / Inception |
THULE Stock Ratings
| Growth Rating | -9.12% |
| Fundamental | 70.8% |
| Dividend Rating | 45.5% |
| Return 12m vs S&P 500 | -21.9% |
| Analyst Rating | - |
THULE Dividends
| Dividend Yield 12m | 3.29% |
| Yield on Cost 5y | 3.78% |
| Annual Growth 5y | 4.39% |
| Payout Consistency | 79.3% |
| Payout Ratio | 89.7% |
THULE Growth Ratios
| Growth Correlation 3m | -54.1% |
| Growth Correlation 12m | -64% |
| Growth Correlation 5y | -12.5% |
| CAGR 5y | 9.23% |
| CAGR/Max DD 3y | 0.22 |
| CAGR/Mean DD 3y | 0.84 |
| Sharpe Ratio 12m | -0.11 |
| Alpha | 0.00 |
| Beta | 0.993 |
| Volatility | 35.38% |
| Current Volume | 124k |
| Average Volume 20d | 151.3k |
| Stop Loss | 244.4 (-3.4%) |
| Signal | 0.02 |
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income (1.04b TTM) > 0 and > 6% of Revenue (6% = 605.2m TTM) |
| FCFTA 0.10 (>2.0%) and ΔFCFTA -4.44pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 16.90% (prev 21.87%; Δ -4.97pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.12 (>3.0%) and CFO 1.75b > Net Income 1.04b (YES >=105%, WARN >=100%) |
| Net Debt (4.00b) to EBITDA (942.0m) ratio: 4.25 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.69 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (107.8m) change vs 12m ago 1.99% (target <= -2.0% for YES) |
| Gross Margin 44.30% (prev 41.21%; Δ 3.10pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 75.42% (prev 78.16%; Δ -2.73pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 5.37 (EBITDA TTM 942.0m / Interest Expense TTM 132.0m) >= 6 (WARN >= 3) |
Altman Z'' 2.46
| (A) 0.12 = (Total Current Assets 4.17b - Total Current Liabilities 2.46b) / Total Assets 14.73b |
| (B) 0.23 = Retained Earnings (Balance) 3.33b / Total Assets 14.73b |
| (C) 0.05 = EBIT TTM 709.0m / Avg Total Assets 13.37b |
| (D) 0.57 = Book Value of Equity 4.41b / Total Liabilities 7.67b |
| Total Rating: 2.46 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 70.75
| 1. Piotroski 5.50pt = 0.50 |
| 2. FCF Yield 4.62% = 2.31 |
| 3. FCF Margin 15.26% = 3.81 |
| 4. Debt/Equity 0.95 = 2.07 |
| 5. Debt/Ebitda 7.10 = -2.50 |
| 6. ROIC - WACC (= 7.64)% = 9.55 |
| 7. RoE 13.92% = 1.16 |
| 8. Rev. Trend 37.14% = 2.79 |
| 9. EPS Trend 21.30% = 1.06 |
What is the price of THULE shares?
Over the past week, the price has changed by +1.28%, over one month by -6.02%, over three months by -4.82% and over the past year by -7.41%.
Is Thule a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of THULE is around 229.94 SEK . This means that THULE is currently overvalued and has a potential downside of -9.11%.
Is THULE a buy, sell or hold?
What are the forecasts/targets for the THULE price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 326 | 28.9% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 254.9 | 0.7% |
THULE Fundamental Data Overview
Market Cap SEK = 26.96b (26.96b SEK * 1.0 SEK.SEK)
CCE Cash And Equivalents = 357.0m SEK (Cash And Short Term Investments, last quarter)
P/E Trailing = 25.4489
P/E Forward = 18.2815
P/S = 2.6727
P/B = 3.7694
Beta = 1.087
Revenue TTM = 10.09b SEK
EBIT TTM = 709.0m SEK
EBITDA TTM = 942.0m SEK
Long Term Debt = 4.22b SEK (from longTermDebt, last quarter)
Short Term Debt = 2.46b SEK (from totalCurrentLiabilities, last quarter)
Debt = 6.68b SEK (Calculated: Short Term 2.46b + Long Term 4.22b)
Net Debt = 4.00b SEK (from netDebt column, last quarter)
Enterprise Value = 33.29b SEK (26.96b + Debt 6.68b - CCE 357.0m)
Interest Coverage Ratio = 5.37 (Ebit TTM 709.0m / Interest Expense TTM 132.0m)
FCF Yield = 4.62% (FCF TTM 1.54b / Enterprise Value 33.29b)
FCF Margin = 15.26% (FCF TTM 1.54b / Revenue TTM 10.09b)
Net Margin = 10.32% (Net Income TTM 1.04b / Revenue TTM 10.09b)
Gross Margin = 44.30% ((Revenue TTM 10.09b - Cost of Revenue TTM 5.62b) / Revenue TTM)
Tobins Q-Ratio = 7.56 (Enterprise Value 33.29b / Book Value Of Equity 4.41b)
Interest Expense / Debt = 0.58% (Interest Expense 39.0m / Debt 6.68b)
Taxrate = 22.46% (325.0m / 1.45b)
NOPAT = 549.8m (EBIT 709.0m * (1 - 22.46%))
Current Ratio = 1.69 (Total Current Assets 4.17b / Total Current Liabilities 2.46b)
Debt / Equity = 0.95 (Debt 6.68b / last Quarter total Stockholder Equity 7.05b)
Debt / EBITDA = 7.10 (Net Debt 4.00b / EBITDA 942.0m)
Debt / FCF = 4.34 (Debt 6.68b / FCF TTM 1.54b)
Total Stockholder Equity = 7.48b (last 4 quarters mean)
RoA = 7.07% (Net Income 1.04b, Total Assets 14.73b )
RoE = 13.92% (Net Income TTM 1.04b / Total Stockholder Equity 7.48b)
RoCE = 6.06% (Ebit 709.0m / (Equity 7.48b + L.T.Debt 4.22b))
RoIC = 15.48% (NOPAT 549.8m / Invested Capital 3.55b)
WACC = 7.85% (E(26.96b)/V(33.64b) * Re(9.68%)) + (D(6.68b)/V(33.64b) * Rd(0.58%) * (1-Tc(0.22)))
Shares Correlation 3-Years: 82.24 | Cagr: 0.27%
Discount Rate = 9.68% (= CAPM, Blume Beta Adj.)
[DCF Debug] Terminal Value 71.12% ; FCFE base≈1.64b ; Y1≈1.52b ; Y5≈1.38b
Fair Price DCF = 174.7 (DCF Value 18.84b / Shares Outstanding 107.8m; 5y FCF grow -9.40% → 3.0% )
EPS Correlation: 21.30 | EPS CAGR: 62.40% | SUE: 0.87 | # QB: 1
Revenue Correlation: 37.14 | Revenue CAGR: 18.39% | SUE: 1.61 | # QB: 1