THLPF (Thule Group AB) Earnings Yield (Joel Greenblatt) %: 6.37% (As of Mar. 2026) — 26% Above Median


THLPF Thule Group AB THLPF
81 GF Score
Price $26.82
GF Value $39.04
! 3 Warning Signs
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What is Thule Group AB Earnings Yield (Joel Greenblatt) %?

Thule Group AB THLPF 81 Earnings Yield (Joel Greenblatt) % is 6.37% as of Mar. 2026, which is 26% above its 10-year median of 5.07. GuruFocus rates THLPF with a GF Score™ of 81/100 and a GF Value™ of $39.04. The stock has 3 warning signs investors should review. Among 857 Travel & Leisure companies, Thule Group AB ranks better than 61.49% on this metric.

Thule Group AB's Enterprise Value for the quarter that ended in Mar. 2026 was $3,343 Mil. Thule Group AB's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $176 Mil. Thule Group AB's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 6.37%.

The historical rank and industry rank for Thule Group AB's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

THLPF' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.43   Med: 5.07   Max: 9.37
Current: 6.18

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Thule Group AB was 9.37%. The lowest was 3.43%. And the median was 5.07%.

THLPF's Earnings Yield (Joel Greenblatt) % is ranked better than
61.49% of 857 companies
in the Travel & Leisure industry
Industry Median: 4.6 vs THLPF: 6.18

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Thule Group AB's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was -4.28%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


Thule Group AB  (OTCPK:THLPF) Earnings Yield (Joel Greenblatt) % Explanation

Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.

Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.


Be Aware

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


Thule Group AB Earnings Yield (Joel Greenblatt) % Related Terms


Thule Group AB Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Thule Group AB's Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % Chart

Thule Group AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.99 6.77 5.09 3.94 5.69

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
Earnings Yield (Joel Greenblatt) % 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 4.29 4.43 5.35 5.69 6.37

THLPF vs AS, HAS, LTH: Earnings Yield (Joel Greenblatt) % Comparison

For the Leisure subindustry, Thule Group AB's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Thule Group AB Earnings Yield (Joel Greenblatt) % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Thule Group AB's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Thule Group AB's Earnings Yield (Joel Greenblatt) % falls into.


THLPF
81GF Score
Thule Group AB THLPF
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Thule Group AB Earnings Yield (Joel Greenblatt) % Calculation

In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.

Thule Group ABs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=183.139/3583.4746
=5.11 %

Thule Group AB's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $176 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 6.37% mean?
Thule Group AB (THLPF) has a Earnings Yield (Joel Greenblatt) % of 6.37% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Thule Group AB and its competitors. This is 26% above median its historical median of 5.07. Over the past decade, Thule Group AB's Earnings Yield (Joel Greenblatt) % has ranged from 3.43 to 9.37. According to the industry distribution chart, Thule Group AB ranks #330 out of 857 companies in the Travel & Leisure industry, placing it in the top 38.5%.
Is Thule Group AB's Earnings Yield (Joel Greenblatt) % too high?
Thule Group AB's current Earnings Yield (Joel Greenblatt) % of 6.37% is 26% above median its 10-year median of 5.07. Over the past 10 years, this metric has ranged from a low of 3.43 to a high of 9.37. The Travel & Leisure industry median Earnings Yield (Joel Greenblatt) % is 4.60. Thule Group AB's value of 6.37% is 38.5% above this industry median. Based on the distribution chart, Thule Group AB ranks #330 out of 857 companies in the Travel & Leisure industry, which is above the industry midpoint. 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 Earnings Yield (Joel Greenblatt) % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Thule Group AB ranks #330 out of 857 companies for Earnings Yield (Joel Greenblatt) %. This puts Thule Group AB in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 4.60. Thule Group AB's value of 6.37% is 38.5% above this benchmark. Historically, Thule Group AB's own Earnings Yield (Joel Greenblatt) % has ranged from 3.43 to 9.37 over the past decade. While the company's 10-year median is 5.07 vs. the industry median of 4.60, Thule Group AB has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Travel & Leisure company?
The median Earnings Yield (Joel Greenblatt) % among Travel & Leisure companies is 4.60, based on 857 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thule Group AB's current Earnings Yield (Joel Greenblatt) % of 6.37% is 38.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Thule Group AB and its competitors. For the Travel & Leisure industry, the median Earnings Yield (Joel Greenblatt) % is 4.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thule Group AB's current Earnings Yield (Joel Greenblatt) % is 6.37%, which is 26% above median its own 10-year median of 5.07. 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 Earnings Yield (Joel Greenblatt) % of 6.37%. The stock's GF Value™ is $39.04, compared to a current price of $26.82 — trading 31.3% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 6.37%, which is 26% above median its 10-year median of 5.07 and 38.5% above the Travel & Leisure industry median of 4.60. 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 Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Thule Group AB (THLPF), the current Earnings Yield (Joel Greenblatt) % is 6.37% 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 31.3% below its estimated GF Value™ of $39.04.

Key valuation signals for THLPF:

  • Earnings Yield (Joel Greenblatt) %: 6.37% (26% above median its 10-year median of 5.07)
  • GF Value™: $39.04 vs. price of $26.82 (31.3% below fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 38.5% above the Travel & Leisure median (#330 of 857)

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

Get the complete analysis for THLPF

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$26.82
Price
$39.04
GF Value