Thule Group AB chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 98.82
Dividend & YieldN/A£ (N/A)
Beta N/A
Market capitalization 298.12M
Operating cash flow 161M
ESG Scores unknown

Company description

Thule Group AB (publ) operates as a sports and outdoor company. It offers roof racks; roof boxes; carriers for transporting bikes, water, and winter sports equipment and rooftop tents; awnings, bike carriers, and tents for RVs and caravans; bike trailers, child bike seats, and strollers; luggage, backpacks, and laptop and sport bags; and hiking backpacks, camera bags, and cases for consumer electronics. The company offers its products primarily under the Thule and Case Logic brands. It operates in Sweden, other Nordic countries, Germany, rest of Europe, the United States, other North America, Central/South America, the Asia/Pacific Rim, and internationally. Thule Group AB (publ) was founded in 1942 and is headquartered in Malmö, Sweden.

Sector: - Industry:

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities
Total Cashflows From Investing Activities -253M -171M -170M -503M
Net Borrowings -256M -53M -1.28B 436M
Total Cash From Financing Activities -749M -779M -1B -1.19B
Change To Operating Activities 44M 34M 372M 561M
Issuance Of Stock 138M 262M 262M
Net Income 837M 883M 1.17B 1.79B
Change In Cash -394M 82M 438M -557M
Effect Of Exchange Rate 2M 1M -5M 4M
Total Cash From Operating Activities 606M 1.03B 1.61B 1.13B
Depreciation 76M 143M 145M 153M
Change To Account Receivables -79M -31M -241M -142M
Other Cashflows From Financing Activities -12M -4M 22M -1M
Change To Netincome -50M -18M 262M 136M
Capital Expenditures -179M -148M -167M -505M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 1.11B 1.15B 1.53B 2.3B
Net Income 837M 883M 1.17B 1.79B
Selling General Administrative 1.47B 1.64B 1.64B 1.84B
Gross Profit 2.63B 2.83B 3.23B 4.16B
Ebit 1.16B 1.19B 1.59B 2.32B
Operating Income 1.16B 1.19B 1.59B 2.32B
Interest Expense -49M -51M -52M -39M
Income Tax Expense 277M 263M 361M 513M
Total Revenue 6.48B 7.04B 7.83B 10.39B
Cost Of Revenue 3.86B 4.21B 4.6B 6.23B
Total Other Income ExpenseNet -45M -45M -61M -20M
Net Income From Continuing Ops 837M 883M 1.17B 1.79B
Net Income Applicable To Common Shares 837M 883M 1.17B 1.79B

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 3.69B 3.96B 3.19B 4.38B
Total Stockholder Equity 4.01B 4.33B 5.25B 5.82B
Other Current Liabilities 374M 382M 629M 758M
Total Assets 7.7B 8.29B 8.45B 10.19B
Common Stock 1M 1M 1M 1M
Other Current Assets
Retained Earnings 1.68B 1.79B 2.95B 3.11B
Treasury Stock -38M 170M -350M 52M
Cash 186M 268M 706M 149M
Total Current Liabilities 1.15B 1.14B 1.6B 2.2B
Other Stockholder Equity -38M 170M -350M 52M
Property, Plant, and Equipment 778M 1.02B 1.03B 1.48B
Total Current Assets 2.09B 2.22B 2.77B 3.82B
Net Tangible Assets -464M -334M 957M 1.26B
Net Receivables 756M 819M 956M 1.1B
Accounts Payable 564M 529M 660M 1.06B


Insider Transactions

Here are the insider transactions of stock shares related to Thule Group AB:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Thule Group AB. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Thule Group AB

Here is the result of two systematic investment strategies applied to Thule Group AB. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Thule Group AB

The following chart shows the equity curve of the two systematic investment strategies applied to Thule Group AB:

Thule Group AB automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 0% on the backtest period.

Performance at glance

Performance

0 %

Latent gain

0.0 £

Invested capital

0.0 £

Annualized return

0.0 %
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Momentum strategy results on Thule Group AB

This is the result of two momentum investment strategies applied to Thule Group AB. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Thule Group AB

The following chart shows all the entries opened by the momentum investment system on Thule Group AB:

Thule Group AB momentum entries
  • The first momentum investment strategy would give 12.52% of return on Thule Group AB. That represents 58.21£ of latent gain with 464.8£ of employed capital.
  • The second momentum investment strategy would give 0% of return on Thule Group AB. That represents 0.0£ of latent gain with 0.0£ of employed capital.
Performance at glance (1Q Momentum)

Performance

12.52 %

Latent gain

58.21 £

Invested capital

464.8 £

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

0 %

Latent gain

0.0 £

Invested capital

0.0 £

Annualized return

-0.0 %

Momentum equity curve on Thule Group AB

The following chart shows the equity curve of the two momentum strategies applied to Thule Group AB:

Thule Group AB momentum equity

Note: the dividends potentially given by Thule Group AB are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Thule Group AB

The following chart shows the employed capital evolution of the two momentum strategies on Thule Group AB since the beginning:

Thule Group AB

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250£, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000£.


Buy the dip strategy result on Thule Group AB

Buy the dip entry openings on Thule Group AB

Thule Group AB

The performance achieved by the robo-advisor on Thule Group AB is 0%. That represents 0.0$ of latent gain with 0.0£ of employed capital. The following chart shows Thule Group AB stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Thule Group AB, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 £

Invested capital

0.0 £

Annualized return

-0.0 %

Equity curve of the strategy applied to Thule Group AB

The following chart shows the result of the investment strategy applied to Thule Group AB:

Thule Group AB

Note: the dividends potentially given by Thule Group AB are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Thule Group AB

The following chart shows the employed capital evolution since the beginning of the investment strategy on Thule Group AB:

Thule Group AB

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Thule Group AB

In this section, I will compare the three previous investment strategies applied to Thule Group AB.

Equity curve comparison on Thule Group AB

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Thule Group AB investment strategy comparison

Employed capital comparison on Thule Group AB

Thule Group AB investment comparison

Performance comparison on Thule Group AB

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 0% 0.0£ 0.0£ 0.0%
Momentum 1 quarter 12.52% 58.21£ 464.8£ 313.0%
Momentum 2 quarters 0% 0.0£ 0.0£ -0.0%
Non-directional 0% 0.0£ 0.0£ -0.0%
Annualized return comparison

Automatic investment

0.0 %

Momentum 1Q

-0.0 %

Momentum 2Q

-0.0 %

Non-directional

-0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Thule Group AB:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Thule Group AB and the other stocks. There may be false positives or some missing correlated stocks. If the price of Thule Group AB does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Thule Group AB
Country Sweden
City Malmö
Address Fosievägen 13
Phone 46 4 06 35 90 00
Website www.thulegroup.com
FullTime employees 3300
Industry
Sector
Exchange XLON
Ticker 0R3W.XLON
Market www.londonstockexchange.com

Thule Group AB ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown