Thule Group AB
STO:THULE

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Thule Group AB
STO:THULE
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Price: 346.2 SEK -2.04% Market Closed
Market Cap: 36.6B SEK
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Relative Value

The Relative Value of one THULE stock under the Base Case scenario is 336.38 SEK. Compared to the current market price of 346.2 SEK, Thule Group AB is Overvalued by 3%.

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
336.38 SEK
Overvaluation 3%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
19
vs Industry
13
Median 3Y
3.2
Median 5Y
3.3
Industry
1.1
Forward
3.7
vs History
7
vs Industry
15
Median 3Y
26.2
Median 5Y
25.7
Industry
17.9
Forward
29.3
vs History
79
vs Industry
21
Median 3Y
24.2
Median 5Y
20.4
Industry
10.6
vs History
33
vs Industry
12
Median 3Y
31.2
Median 5Y
27.9
Industry
16.2
vs History
31
vs Industry
11
Median 3Y
4.3
Median 5Y
4.6
Industry
1.7
vs History
17
vs Industry
13
Median 3Y
3.4
Median 5Y
3.5
Industry
1.2
Forward
3.9
vs History
22
vs Industry
18
Median 3Y
8.5
Median 5Y
8.7
Industry
4
vs History
7
vs Industry
11
Median 3Y
20.3
Median 5Y
19.7
Industry
9.1
Forward
20.2
vs History
7
vs Industry
12
Median 3Y
20.3
Median 5Y
19.7
Industry
12.2
Forward
23.5
vs History
80
vs Industry
15
Median 3Y
26
Median 5Y
21.3
Industry
10.5
vs History
65
vs Industry
17
Median 3Y
20.4
Median 5Y
21.4
Industry
14.3
vs History
30
vs Industry
15
Median 3Y
3
Median 5Y
3.1
Industry
1.4

Multiples Across Competitors

THULE Competitors Multiples
Thule Group AB Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
SE
Thule Group AB
STO:THULE
36.6B SEK 3.9 30.9 23.9 23.9
JP
Bandai Namco Holdings Inc
TSE:7832
2.5T JPY 2.1 19 11.7 15.2
JP
Shimano Inc
TSE:7309
1.9T JPY 4.4 44.6 16 22.4
US
Hasbro Inc
NASDAQ:HAS
8B USD 1.9 -12.5 12.5 16
US
Mattel Inc
NASDAQ:MAT
6B USD 1.1 11 8.6 10.6
UK
Games Workshop Group PLC
LSE:GAW
4.3B GBP 8.1 28.4 17.5 20.9
US
Brunswick Corp
NYSE:BC
4.4B USD 0.8 16.2 8.1 12.4
US
Acushnet Holdings Corp
NYSE:GOLF
4.3B USD 1.8 22.7 14.5 17.2
CA
BRP Inc
TSX:DOO
5.5B CAD 0.5 29.5 6.1 8.9
JP
Yamaha Corp
TSE:7951
596.8B JPY 1.3 29.9 8.4 19
US
Peloton Interactive Inc
NASDAQ:PTON
3.6B USD 1.3 -9.1 -22.6 -14.7
P/E Multiple
Earnings Growth P/E to Growth
SE
Thule Group AB
STO:THULE
Average P/E: 25.8
30.9
52%
0.6
JP
Bandai Namco Holdings Inc
TSE:7832
19
18%
1.1
JP
Shimano Inc
TSE:7309
44.6
49%
0.9
US
Hasbro Inc
NASDAQ:HAS
Negative Multiple: -12.5 N/A N/A
US
Mattel Inc
NASDAQ:MAT
11
172%
0.1
UK
Games Workshop Group PLC
LSE:GAW
28.4
14%
2.1
US
Brunswick Corp
NYSE:BC
16.2
3%
5.1
US
Acushnet Holdings Corp
NYSE:GOLF
22.7
15%
1.5
CA
BRP Inc
TSX:DOO
29.5
-29%
N/A
JP
Yamaha Corp
TSE:7951
29.9
58%
0.5
US
Peloton Interactive Inc
NASDAQ:PTON
Negative Multiple: -9.1 N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
SE
Thule Group AB
STO:THULE
Average EV/EBITDA: 12.7
23.9
95%
0.3
JP
Bandai Namco Holdings Inc
TSE:7832
11.7
61%
0.2
JP
Shimano Inc
TSE:7309
16
18%
0.9
US
Hasbro Inc
NASDAQ:HAS
12.5
95%
0.1
US
Mattel Inc
NASDAQ:MAT
8.6
45%
0.2
UK
Games Workshop Group PLC
LSE:GAW
17.5
8%
2.2
US
Brunswick Corp
NYSE:BC
8.1
-12%
N/A
US
Acushnet Holdings Corp
NYSE:GOLF
14.5
31%
0.5
CA
BRP Inc
TSX:DOO
6.1
-20%
N/A
JP
Yamaha Corp
TSE:7951
8.4
29%
0.3
US
Peloton Interactive Inc
NASDAQ:PTON
Negative Multiple: -22.6 N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
SE
Thule Group AB
STO:THULE
Average EV/EBIT: 16.7
23.9
72%
0.3
JP
Bandai Namco Holdings Inc
TSE:7832
15.2
N/A N/A
JP
Shimano Inc
TSE:7309
22.4
N/A N/A
US
Hasbro Inc
NASDAQ:HAS
16
149%
0.1
US
Mattel Inc
NASDAQ:MAT
10.6
34%
0.3
UK
Games Workshop Group PLC
LSE:GAW
20.9
12%
1.7
US
Brunswick Corp
NYSE:BC
12.4
-18%
N/A
US
Acushnet Holdings Corp
NYSE:GOLF
17.2
17%
1
CA
BRP Inc
TSX:DOO
8.9
-30%
N/A
JP
Yamaha Corp
TSE:7951
19
N/A N/A
US
Peloton Interactive Inc
NASDAQ:PTON
Negative Multiple: -14.7 N/A N/A

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