THLPF (Thule Group AB) Accumulated Depreciation: $0 Mil (As of Mar. 2026)

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THLPF Thule Group AB THLPF
81 GF Score
Price $26.82
GF Value $37.18
! 3 Warning Signs
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What is Thule Group AB Accumulated Depreciation?

Thule Group AB THLPF 81 Accumulated Depreciation is $0 Mil as of Mar. 2026. GuruFocus rates THLPF with a GF Score™ of 81/100 and a GF Value™ of $37.18. The stock has 3 warning signs investors should review.

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Thule Group AB's quarterly accumulated depreciation increased from Sep. 2025 ($0 Mil) to Dec. 2025 ($-181 Mil) but then stayed the same from Dec. 2025 ($-181 Mil) to Mar. 2026 ($0 Mil).

Thule Group AB's annual accumulated depreciation increased from Dec. 2023 ($-133 Mil) to Dec. 2024 ($-144 Mil) and increased from Dec. 2024 ($-144 Mil) to Dec. 2025 ($-181 Mil).

Thule Group AB Accumulated Depreciation Related Terms

Thule Group AB Accumulated Depreciation Historical Data

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The historical data trend for Thule Group AB's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Thule Group AB Accumulated Depreciation Chart

Thule Group AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -111.01 0.00 -132.78 -144.38 -181.31

Thule Group AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Accumulated Depreciation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 -181.31 0.00
THLPF
81GF Score
Thule Group AB THLPF
Accumulated Depreciation is just one metric. See GF Score™, valuation, warning signs, and more.
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Thule Group AB Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

What does a Accumulated Depreciation of $0 Mil mean?
Thule Group AB (THLPF) has a Accumulated Depreciation of $0 Mil as of Mar. 2026. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Thule Group AB and its competitors.
Is Thule Group AB's Accumulated Depreciation too high?
Thule Group AB's current Accumulated Depreciation is $0 Mil. Overall, Thule Group AB has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Thule Group AB's Accumulated Depreciation compare to AS and HAS?
Thule Group AB's Accumulated Depreciation of $0 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accumulated Depreciation for a Travel & Leisure company?
A good Accumulated Depreciation depends on the Travel & Leisure industry context. However, Accumulated Depreciation should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accumulated Depreciation mean?
A high Accumulated Depreciation can signal that a stock is expensive relative to its fundamentals. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Thule Group AB and its competitors. Thule Group AB's current Accumulated Depreciation is $0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thule Group AB stock overvalued right now?
Thule Group AB (THLPF) has a current Accumulated Depreciation of $0 Mil. The stock's GF Value™ is $37.18, compared to a current price of $26.82 — trading 27.9% below its estimated fair value. The current Accumulated Depreciation is $0 Mil. Thule Group AB's overall GF Score™ is 81/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For Thule Group AB (THLPF), the current Accumulated Depreciation is $0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Thule Group AB (THLPF) Overvalued in 2026?

Based on GuruFocus' analysis, Thule Group AB stock appears to be undervalued. The current stock price of $26.82 is trading 27.9% below its estimated GF Value™ of $37.18.

Key valuation signals for THLPF:

  • Accumulated Depreciation: $0 Mil
  • GF Value™: $37.18 vs. price of $26.82 (27.9% below fair value)
  • GF Score™: 81/100 with 3 warning signs

No single metric tells the full story. See the THLPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Thule Group AB Business Description

Address Dockgatan 1, Malmo, SWE, SE-211 12
Thule Group AB is a manufacturer of sports and outdoor products. It develops and manufactures premium products that facilitate an active outdoor life. Its product categories; Sport & Cargo Carriers (roof racks, roof boxes, and carriers for transporting cycling, water, and winter sports equipment, and rooftop tents mounted on a car), Juvenile & Pet Products (strollers, bike trailers, and child bike seats), RV Products (awnings, bike carriers and tents for RVs and caravans) and Packs, Bags & Luggage (hiking backpacks, luggage, and camera bags). It has two operating segments: Region Europe and ROW, and Region Americas. Geographic markets: Sweden, Other Nordic countries, Germany, Other Europe, the USA, Other North America, Central/South America, Asia/Pacific Rim, and the Rest of the world.
81GF Score

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Accumulated Depreciation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$26.82
Price
$37.18
GF Value