THLPF (Thule Group AB) Enterprise Value: $2,654 Mil (As of Jun. 24, 2026) ***


THLPF Thule Group AB THLPF
78 GF Score
Price $26.82
GF Value $40.56
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Thule Group AB Enterprise Value?

Thule Group AB THLPF 78 Enterprise Value is $2,654 Mil as of Jun. 24, 2026. GuruFocus rates THLPF with a GF Score™ of 78/100 and a GF Value™ of $40.56 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Thule Group AB's Enterprise Value is $2,654 Mil. Thule Group AB's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $176 Mil. Therefore, Thule Group AB's EV-to-EBIT ratio for today is 15.04.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Thule Group AB's Enterprise Value is $2,654 Mil. Thule Group AB's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $176 Mil. Therefore, Thule Group AB's EV-to-EBITDA ratio for today is 15.04.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Thule Group AB's Enterprise Value is $2,654 Mil. Thule Group AB's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $1,100 Mil. Therefore, Thule Group AB's EV-to-Revenue ratio for today is 2.41.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Thule Group AB's Enterprise Value is $2,654 Mil. Thule Group AB's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $158 Mil. Therefore, Thule Group AB's EV-to-OCF ratio for today is 16.83.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Thule Group AB's Enterprise Value is $2,654 Mil. Thule Group AB's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $114 Mil. Therefore, Thule Group AB's EV-to-FCF ratio for today is 23.21.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Thule Group AB  (OTCPK:THLPF) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2653.755/176.399
=15.04

Thule Group AB's current Enterprise Value is $2,654 Mil.
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.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Thule Group AB's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=2653.755/176.399
=15.04

Thule Group AB's current Enterprise Value is $2,654 Mil.
Thule Group AB's EBITDA 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.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Thule Group AB's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2653.755/1099.728
=2.41

Thule Group AB's current Enterprise Value is $2,654 Mil.
Thule Group AB's Revenue 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 $1,100 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Thule Group AB's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=2653.755/157.685
=16.83

Thule Group AB's current Enterprise Value is $2,654 Mil.
Thule Group AB's Cash Flow from Operations 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 $158 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Thule Group AB's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=2653.755/114.319
=23.21

Thule Group AB's current Enterprise Value is $2,654 Mil.
Thule Group AB's Free Cash Flow 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 $114 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 Enterprise Value Related Terms


Thule Group AB Enterprise Value Historical Data

* Premium members only.

The historical data trend for Thule Group AB's Enterprise Value 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 Enterprise Value Chart

Thule Group AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,159.34 2,769.85 3,000.70 3,811.58 3,583.47

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
Enterprise Value 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 3,943.02 3,961.44 3,530.30 3,583.47 3,342.78

THLPF vs AS, HAS, LTH: Enterprise Value Comparison

For the Leisure subindustry, Thule Group AB's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Thule Group AB's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Thule Group AB's Enterprise Value falls into.


THLPF
78GF Score
Thule Group AB THLPF
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thule Group AB Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Thule Group AB's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Thule Group AB's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* 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 Enterprise Value →
What does a Enterprise Value of $2,654 Mil mean?
Thule Group AB (THLPF) has a Enterprise Value of $2,654 Mil as of Jun. 24, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Thule Group AB and its competitors.
Is Thule Group AB's Enterprise Value too high?
Thule Group AB's current Enterprise Value is $2,654 Mil. Overall, Thule Group AB has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thule Group AB's Enterprise Value compare to AS and HAS?
Thule Group AB's Enterprise Value of $2,654 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 Enterprise Value for a Travel & Leisure company?
A good Enterprise Value depends on the Travel & Leisure industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Thule Group AB and its competitors. Thule Group AB's current Enterprise Value is $2,654 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?
Based on GuruFocus' analysis, Thule Group AB (THLPF) is currently considered Significantly Undervalued. The stock's GF Value™ is $40.56, compared to a current price of $26.82 — trading 33.9% below its estimated fair value. The current Enterprise Value is $2,654 Mil. Thule Group AB's overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Thule Group AB (THLPF), the current Enterprise Value is $2,654 Mil as of Jun. 24, 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 33.9% below its estimated GF Value™ of $40.56. GuruFocus considers Thule Group AB to be Significantly Undervalued.

Key valuation signals for THLPF:

  • Enterprise Value: $2,654 Mil
  • GF Value™: $40.56 vs. price of $26.82 (33.9% below fair value)
  • GF Score™: 78/100 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.
78GF Score

Get the complete analysis for THLPF

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

$26.82
Price
$40.56
GF Value