Thule Group AB
STO:THULE

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Thule Group AB
STO:THULE
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Price: 233.8 SEK 0.26% Market Closed
Market Cap: 25.2B SEK
Section:
 

Relative Value

The Relative Value of one THULE stock under the Base Case scenario is 344.12 SEK. Compared to the current market price of 233.8 SEK, Thule Group AB is Undervalued by 32%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

THULE Relative Value
Base Case
344.12 SEK
Undervaluation 32%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

2.5
P/S
P/S
Price to Sales
2.5
vs History
84
vs Industry
14
Median 3Y
3.1
Median 5Y
3.3
Industry
1.2
Forward
2.4
More Details
24.3
P/E
P/E
Price to Earnings
24.3
vs History
69
vs Industry
13
Median 3Y
27.1
Median 5Y
26.2
Industry
18.7
Forward
21.1
More Details
17.2
P/OCF
P/OCF
Price to OCF
17.2
vs History
66
vs Industry
28
Median 3Y
17
Median 5Y
18.4
Industry
11.3
More Details
6.8
P/FCFE
P/FCFE
Price to FCFE
6.8
vs History
84
vs Industry
47
Median 3Y
24.9
Median 5Y
27.2
Industry
18.5
More Details
3.6
P/B
P/B
Price to Book Value
3.6
vs History
88
vs Industry
10
Median 3Y
4.1
Median 5Y
4.5
Industry
1.7
More Details
2.9
EV/S
EV/S
Enterprise Value to Sales
2.9
vs History
82
vs Industry
13
Median 3Y
3.4
Median 5Y
3.5
Industry
1.4
Forward
2.8
More Details
6.3
EV/GP
EV/GP
Enterprise Value to Gross Profit
6.3
vs History
92
vs Industry
22
Median 3Y
8.2
Median 5Y
8.7
Industry
4.3
More Details
19.4
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
19.4
vs History
61
vs Industry
12
Median 3Y
21
Median 5Y
20.2
Industry
11.2
Forward
14
More Details
19.4
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
19.4
vs History
61
vs Industry
15
Median 3Y
21
Median 5Y
20.2
Industry
15.6
Forward
17
More Details
20.2
EV/OCF
EV/OCF
Enterprise Value to OCF
20.2
vs History
50
vs Industry
27
Median 3Y
18.5
Median 5Y
20.7
Industry
12
More Details
25.8
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
25.8
vs History
28
vs Industry
30
Median 3Y
20.9
Median 5Y
21.4
Industry
14.3
More Details
2.1
EV/IC
EV/IC
Enterprise Value to IC
2.1
vs History
95
vs Industry
17
Median 3Y
2.8
Median 5Y
3
Industry
1.4
More Details

Multiples Across Competitors

THULE Competitors Multiples
Thule Group AB Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
SE
Thule Group AB
STO:THULE
25.3B SEK 2.5 24.3 19.4 19.4
JP
Bandai Namco Holdings Inc
TSE:7832
2.7T JPY 2.2 20.4 10.4 12.8
US
Hasbro Inc
NASDAQ:HAS
11.5B USD 2.6 -20.6 13.9 16.2
JP
Shimano Inc
TSE:7309
1.5T JPY 3.1 28.4 13.1 19.6
UK
Games Workshop Group PLC
LSE:GAW
6.4B GBP 10.4 32.7 20.7 24.2
CN
Zhejiang CFMoto Power Co Ltd
SSE:603129
45.5B CNY 2.5 25.2 25.4 25.4
US
Mattel Inc
NASDAQ:MAT
6.2B USD 1.2 14.4 9.4 12.1
CA
BRP Inc
TSX:DOO
7.3B CAD 0.9 298.2 9.7 17.4
US
Brunswick Corp
NYSE:BC
4.9B USD 1 -20.8 11.5 23.1
US
Acushnet Holdings Corp
NYSE:GOLF
4.8B USD 1.9 21.8 15.3 18.1
US
Polaris Inc
NYSE:PII
3.9B USD 0.6 -25.8 14 95.8
P/E Multiple
Earnings Growth PEG
SE
Thule Group AB
STO:THULE
Average P/E: 58.2
24.3
12%
2
JP
Bandai Namco Holdings Inc
TSE:7832
20.4
6%
3.4
US
Hasbro Inc
NASDAQ:HAS
Negative Multiple: -20.6
29%
N/A
JP
Shimano Inc
TSE:7309
28.4
1%
28.4
UK
Games Workshop Group PLC
LSE:GAW
32.7
4%
8.2
CN
Zhejiang CFMoto Power Co Ltd
SSE:603129
25.2
26%
1
US
Mattel Inc
NASDAQ:MAT
14.4
3%
4.8
CA
BRP Inc
TSX:DOO
298.2
N/A N/A
US
Brunswick Corp
NYSE:BC
Negative Multiple: -20.8
38%
N/A
US
Acushnet Holdings Corp
NYSE:GOLF
21.8
7%
3.1
US
Polaris Inc
NYSE:PII
Negative Multiple: -25.8
23%
N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
SE
Thule Group AB
STO:THULE
Average EV/EBITDA: 14.8
19.4
17%
1.1
JP
Bandai Namco Holdings Inc
TSE:7832
10.4
5%
2.1
US
Hasbro Inc
NASDAQ:HAS
13.9
14%
1
JP
Shimano Inc
TSE:7309
13.1
9%
1.5
UK
Games Workshop Group PLC
LSE:GAW
20.7
4%
5.2
CN
Zhejiang CFMoto Power Co Ltd
SSE:603129
25.4
37%
0.7
US
Mattel Inc
NASDAQ:MAT
9.4
7%
1.3
CA
BRP Inc
TSX:DOO
9.7
9%
1.1
US
Brunswick Corp
NYSE:BC
11.5
3%
3.8
US
Acushnet Holdings Corp
NYSE:GOLF
15.3
7%
2.2
US
Polaris Inc
NYSE:PII
14
9%
1.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
SE
Thule Group AB
STO:THULE
Average EV/EBIT: 25.8
19.4
11%
1.8
JP
Bandai Namco Holdings Inc
TSE:7832
12.8
N/A N/A
US
Hasbro Inc
NASDAQ:HAS
16.2
16%
1
JP
Shimano Inc
TSE:7309
19.6
N/A N/A
UK
Games Workshop Group PLC
LSE:GAW
24.2
4%
6
CN
Zhejiang CFMoto Power Co Ltd
SSE:603129
25.4
33%
0.8
US
Mattel Inc
NASDAQ:MAT
12.1
3%
4
CA
BRP Inc
TSX:DOO
17.4
11%
1.6
US
Brunswick Corp
NYSE:BC
23.1
6%
3.8
US
Acushnet Holdings Corp
NYSE:GOLF
18.1
6%
3
US
Polaris Inc
NYSE:PII
95.8
26%
3.7

See Also

Summary
THULE intrinsic value, competitors valuation, and company profile.
DCF Valuation
THULE stock valuation using Discount Cash Flow valuation method.
Relative Valuation
THULE stock valuation using valuation multiples.
Wall Street Estimates
THULE price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
THULE stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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