Thule Group ABTHLPF 78 Interest Coverage is 10.87 as of Mar. 2026, which is 44% below its 10-year median of 19.58. 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. Among 609 Travel & Leisure companies, Thule Group AB ranks better than 58.13% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Thule Group AB's
Operating Income
for the
three
months ended in Mar. 2026 was $46 Mil. Thule Group AB's Interest Expense for the
three
months ended in Mar. 2026 was $-4 Mil.
Thule Group AB's interest coverage for the quarter that ended in Mar. 2026 was 10.87.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Thule Group AB's Interest Coverage or its related term are showing as below:
THLPF'
s Interest Coverage Range Over the Past 10 Years
Min: 7.19 Med: 19.58 Max: 56.71
Current: 7.55
THLPF's Interest Coverage is ranked better than 58.13% of 609
companies
in the Travel & Leisure industry
Industry Median: 5.31
vs THLPF: 7.55
Thule Group AB (OTCPK:THLPF) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Thule Group AB Interest Coverage Related Terms
Thule Group AB Interest Coverage Historical Data
* Premium members only.
The historical data trend for Thule Group AB's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
THLPF vs AS, HAS, LTH: Interest Coverage Comparison
For the Leisure subindustry, Thule Group AB's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Thule Group AB's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Thule Group AB's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 (THLPF) has a Interest Coverage of 10.87 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Thule Group AB and its competitors. This is 44% below median its historical median of 19.58. Over the past decade, Thule Group AB's Interest Coverage has ranged from 7.19 to 56.71. According to the industry distribution chart, Thule Group AB ranks #255 out of 609 companies in the Travel & Leisure industry, placing it in the top 41.9%.
Is Thule Group AB's Interest Coverage too high?
Thule Group AB's current Interest Coverage of 10.87 is 44% below median its 10-year median of 19.58. Over the past 10 years, this metric has ranged from a low of 7.19 to a high of 56.71. The Travel & Leisure industry median Interest Coverage is 5.31. Thule Group AB's value of 10.87 is 104.7% above this industry median. Based on the distribution chart, Thule Group AB ranks #255 out of 609 companies in the Travel & Leisure industry, which is above the industry midpoint. 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 Interest Coverage compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Thule Group AB ranks #255 out of 609 companies for Interest Coverage. This puts Thule Group AB in the upper half of its industry. The industry median Interest Coverage is 5.31. Thule Group AB's value of 10.87 is 104.7% above this benchmark. Historically, Thule Group AB's own Interest Coverage has ranged from 7.19 to 56.71 over the past decade. While the company's 10-year median is 19.58 vs. the industry median of 5.31, 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 Interest Coverage for a Travel & Leisure company?
The median Interest Coverage among Travel & Leisure companies is 5.31, based on 609 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thule Group AB's current Interest Coverage of 10.87 is 104.7% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Thule Group AB and its competitors. For the Travel & Leisure industry, the median Interest Coverage is 5.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thule Group AB's current Interest Coverage is 10.87, which is 44% below median its own 10-year median of 19.58. 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 Interest Coverage is 10.87, which is 44% below median its 10-year median of 19.58 and 104.7% above the Travel & Leisure industry median of 5.31. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Thule Group AB (THLPF), the current Interest Coverage is 10.87 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 33.9% below its estimated GF Value™ of $40.56.
GuruFocus considers Thule Group AB to be Significantly Undervalued.
Key valuation signals for THLPF:
Interest Coverage: 10.87 (44% below median its 10-year median of 19.58)
GF Value™: $40.56 vs. price of $26.82 (33.9% below fair value)
Industry Position: 104.7% above the Travel & Leisure median (#255 of 609)
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 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
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