Thule Group AB (CHIX:THULES) EV-to-EBIT: 15.99 (As of Aug. 09, 2026) — 19% Below Median

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CHIX:THULES Thule Group AB CHIX:THULES
71 GF Score
Price kr206.60
GF Value kr280.68
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Thule Group AB EV-to-EBIT?

Thule Group AB CHIX:THULES 71 EV-to-EBIT is 15.99 as of Aug. 09, 2026, which is 19% below its 10-year median of 19.73. GuruFocus rates CHIX:THULES with a GF Score™ of 71/100 and a GF Value™ of kr280.68 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 635 Travel & Leisure companies, Thule Group AB ranks worse than 55.43% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Thule Group AB's Enterprise Value is kr27,459 Mil. Thule Group AB's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was kr1,717 Mil. Therefore, Thule Group AB's EV-to-EBIT for today is 15.99.

The historical rank and industry rank for Thule Group AB's EV-to-EBIT or its related term are showing as below:

CHIX:THULEs' s EV-to-EBIT Range Over the Past 10 Years
Min: 10.67   Med: 19.73   Max: 29.19
Current: 15.99

During the past 13 years, the highest EV-to-EBIT of Thule Group AB was 29.19. The lowest was 10.67. And the median was 19.73.

CHIX:THULEs's EV-to-EBIT is ranked worse than
55.43% of 635 companies
in the Travel & Leisure industry
Industry Median: 14.32 vs CHIX:THULEs: 15.99

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Thule Group AB's Enterprise Value for the quarter that ended in Jun. 2026 was kr26,359 Mil. Thule Group AB's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was kr1,717 Mil. Thule Group AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 6.51%.


Thule Group AB  (CHIX:THULEs) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Thule Group AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=1717/26359.3308
=6.51 %

Thule Group AB's Enterprise Value for the quarter that ended in Jun. 2026 was kr26,359 Mil.
Thule Group AB's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr1,717 Mil.

* 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 EV-to-EBIT Related Terms


Thule Group AB EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Thule Group AB's EV-to-EBIT 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 EV-to-EBIT Chart

Thule Group AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.07 14.78 19.64 25.36 17.57

Thule Group AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBIT 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 22.59 18.68 17.57 15.70 15.31

CHIX:THULES vs AS, HAS, LTH: EV-to-EBIT Comparison

For the Leisure subindustry, Thule Group AB's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Thule Group AB's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Thule Group AB's EV-to-EBIT falls into.


CHIX:THULES
71GF Score
Thule Group AB CHIX:THULES
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thule Group AB EV-to-EBIT Calculation

Thule Group AB's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=27459.314/1717
=15.99

Thule Group AB's current Enterprise Value is kr27,459 Mil.
Thule Group AB's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr1,717 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 15.99 mean?
Thule Group AB (CHIX:THULES) has a EV-to-EBIT of 15.99 as of Aug. 09, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Thule Group AB and its competitors. This is 19% below median its historical median of 19.73. Over the past decade, Thule Group AB's EV-to-EBIT has ranged from 10.67 to 29.19. According to the industry distribution chart, Thule Group AB ranks #352 out of 635 companies in the Travel & Leisure industry, placing it in the top 55.4%.
Is Thule Group AB's EV-to-EBIT too high?
Thule Group AB's current EV-to-EBIT of 15.99 is 19% below median its 10-year median of 19.73. Over the past 10 years, this metric has ranged from a low of 10.67 to a high of 29.19. The Travel & Leisure industry median EV-to-EBIT is 14.32. Thule Group AB's value of 15.99 is 11.7% above this industry median. Based on the distribution chart, Thule Group AB ranks #352 out of 635 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Thule Group AB has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thule Group AB's EV-to-EBIT compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Thule Group AB ranks #352 out of 635 companies for EV-to-EBIT. This places Thule Group AB in the lower half of its industry. The industry median EV-to-EBIT is 14.32. Thule Group AB's value of 15.99 is 11.7% above this benchmark. Historically, Thule Group AB's own EV-to-EBIT has ranged from 10.67 to 29.19 over the past decade. While the company's 10-year median is 19.73 vs. the industry median of 14.32, 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 EV-to-EBIT for a Travel & Leisure company?
The median EV-to-EBIT among Travel & Leisure companies is 14.32, based on 635 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thule Group AB's current EV-to-EBIT of 15.99 is 11.7% 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Thule Group AB and its competitors. For the Travel & Leisure industry, the median EV-to-EBIT is 14.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thule Group AB's current EV-to-EBIT is 15.99, which is 19% below median its own 10-year median of 19.73. 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?
Based on GuruFocus' analysis, Thule Group AB (CHIX:THULES) is currently considered Significantly Undervalued. The stock's GF Value™ is kr280.68, compared to a current price of kr206.60 — trading 26.4% below its estimated fair value. The current EV-to-EBIT is 15.99, which is 19% below median its 10-year median of 19.73 and 11.7% above the Travel & Leisure industry median of 14.32. Thule Group AB's overall GF Score™ is 71/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Thule Group AB (CHIX:THULES), the current EV-to-EBIT is 15.99 as of Aug. 09, 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 (CHIX:THULES) Overvalued in 2026?

Based on GuruFocus' analysis, Thule Group AB stock appears to be undervalued. The current stock price of kr206.60 is trading 26.4% below its estimated GF Value™ of kr280.68. GuruFocus considers Thule Group AB to be Significantly Undervalued.

Key valuation signals for CHIX:THULES:

  • EV-to-EBIT: 15.99 (19% below median its 10-year median of 19.73)
  • GF Value™: kr280.68 vs. price of kr206.60 (26.4% below fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 11.7% above the Travel & Leisure median (#352 of 635)

No single metric tells the full story. See the CHIX:THULES 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.
71GF Score

Get the complete analysis for CHIX:THULES

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

kr206.60
Price
kr280.68
GF Value