Thule Group AB
OTC:THLPF

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Thule Group AB
OTC:THLPF
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Price: 29.2 USD Market Closed
Market Cap: 3.1B USD

Operating Margin

14.8%
Current
Declining
by 1%
vs 3-y average of 15.9%

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
14.8%
=
Operating Income
kr1.5B
/
Revenue
kr10.3B

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
14.8%
=
Operating Income
$1.5B
/
Revenue
kr10.3B

Peer Comparison

Country Company Market Cap Operating
Margin
SE
Thule Group AB
STO:THULE
24B SEK
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JP
Bandai Namco Holdings Inc
TSE:7832
2.7T JPY
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US
Hasbro Inc
NASDAQ:HAS
12.3B USD
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JP
Shimano Inc
TSE:7309
1.5T JPY
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UK
Games Workshop Group PLC
LSE:GAW
5.9B GBP
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US
Mattel Inc
NASDAQ:MAT
6.6B USD
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CN
Zhejiang CFMoto Power Co Ltd
SSE:603129
41.5B CNY
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US
Brunswick Corp
NYSE:BC
5.7B USD
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CA
BRP Inc
TSX:DOO
8.1B CAD
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US
Acushnet Holdings Corp
NYSE:GOLF
5.5B USD
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IT
Technogym SpA
MIL:TGYM
3.5B EUR
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No Stocks Found

Market Distribution

Higher than 77% of companies in Sweden
Percentile
77th
Based on 2 047 companies
77th percentile
14.8%
Low
-2 025 693.8% — -1.8%
Typical Range
-1.8% — 12.5%
High
12.5% — 10 459.2%
Distribution Statistics
Sweden
Min -2 025 693.8%
30th Percentile -1.8%
Median 6%
70th Percentile 12.5%
Max 10 459.2%

Thule Group AB
Glance View

Market Cap
3.1B USD
Industry
Leisure Products

Thule Group AB, founded in Sweden in 1942, has grown exponentially from its humble beginnings as a small manufacturer of products for Scandinavia's outdoor enthusiasts. Today, it is a leading global provider of products geared towards helping active families and outdoor adventurers transport their equipment safely and efficiently. With an extensive product portfolio that includes roof racks, bike racks, cargo carriers, and other transportation solutions, the company operates across a multitude of international markets. Thule has succeeded in building a brand synonymous with adventure, quality, and reliability, largely due to its unwavering commitment to innovation and environmental sustainability. Its branding and design emphasize the Scandinavian principles of simplicity and durability, appealing to environmentally conscious consumers who value form and function. At the core of Thule's business model is its ability to understand the evolving needs of modern outdoor enthusiasts. The company generates revenue through the sale of its products in retail and online channels, targeting a diverse consumer base that ranges from occasional travelers to hardcore adventurers. Moreover, Thule has strategically expanded its product lines to include strollers, luggage, and sports and travel bags, ensuring that its brand remains relevant across various customer segments. The company's focus on high-quality manufacturing, effective marketing, and a broad distribution network enables it to maintain strong margins and a competitive position in the market. Through these efforts, Thule Group AB has effectively carved out a niche where it not only meets transportation needs but also inspires people around the world to live active lifestyles.

THLPF Intrinsic Value
HIDDEN
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What is Operating Margin?
Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.
How is Operating Margin calculated?

Operating Margin is calculated by dividing the Operating Income by the Revenue.

Operating Margin
14.8%
=
Operating Income
kr1.5B
/
Revenue
kr10.3B
What is Thule Group AB's current Operating Margin?

The current Operating Margin for Thule Group AB is 14.8%, which is below its 3-year median of 15.9%.

How has Operating Margin changed over time?

Over the last 3 years, Thule Group AB’s Operating Margin has decreased from 18.3% to 14.8%. During this period, it reached a low of 14.3% on Jun 30, 2023 and a high of 18.3% on Sep 30, 2022.

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