THLPF (Thule Group AB) Dividend Payout Ratio: 0.00 (As of Mar. 2026)


THLPF Thule Group AB THLPF
78 GF Score
Price $26.82
GF Value $40.56
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Thule Group AB Dividend Payout Ratio?

Thule Group AB THLPF 78 Dividend Payout Ratio is 0.00 as of Mar. 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. Among 347 Travel & Leisure companies, Thule Group AB ranks worse than 80.69% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Thule Group AB's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Thule Group AB is 0.79, which seems too high.

The historical rank and industry rank for Thule Group AB's Dividend Payout Ratio or its related term are showing as below:

THLPF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.39   Med: 0.8   Max: 1.07
Current: 0.78

During the past 13 years, the highest Dividend Payout Ratio of Thule Group AB was 1.07. The lowest was 0.39. And the median was 0.80.

THLPF's Dividend Payout Ratio is ranked worse than
80.69% of 347 companies
in the Travel & Leisure industry
Industry Median: 0.43 vs THLPF: 0.78

As of today (2026-06-24), the Dividend Yield % of Thule Group AB is 3.29%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Thule Group AB was 6.43%. The lowest was 0.83%. And the median was 3.03%.

Thule Group AB's Dividends per Share for the months ended in Mar. 2026 was $0.00.

During the past 12 months, Thule Group AB's average Dividends Per Share Growth Rate was -12.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -13.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Thule Group AB was 44.20% per year. The lowest was -13.90% per year. And the median was 16.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Thule Group AB (OTCPK:THLPF) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Thule Group AB Dividend Payout Ratio Related Terms

Thule Group AB Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Thule Group AB's Dividend Payout Ratio 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 Dividend Payout Ratio Chart

Thule Group AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 1.07 0.88 0.90 0.80

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
Dividend Payout Ratio 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 0.88 1.43 0.00 0.00

THLPF vs AS, HAS, LTH: Dividend Payout Ratio Comparison

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

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

* The bar in red indicates where Thule Group AB's Dividend Payout Ratio falls into.


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

Thule Group AB Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Thule Group AB's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=0.893/ 1.112
=0.80

Thule Group AB's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0/ 0.291
=0.00

* 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 Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.00 mean?
Thule Group AB (THLPF) has a Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Thule Group AB and its competitors. Over the past decade, Thule Group AB's Dividend Payout Ratio has ranged from 0.39 to 1.07. According to the industry distribution chart, Thule Group AB ranks #280 out of 347 companies in the Travel & Leisure industry, placing it in the top 80.7%.
Is Thule Group AB's Dividend Payout Ratio too high?
Thule Group AB's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 1.07. Based on the distribution chart, Thule Group AB ranks #280 out of 347 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. 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 Dividend Payout Ratio compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Thule Group AB ranks #280 out of 347 companies for Dividend Payout Ratio. This places Thule Group AB in the lower half of its industry. The industry median Dividend Payout Ratio is 0.43. Historically, Thule Group AB's own Dividend Payout Ratio has ranged from 0.39 to 1.07 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Travel & Leisure company?
The median Dividend Payout Ratio among Travel & Leisure companies is 0.43, based on 347 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Thule Group AB and its competitors. For the Travel & Leisure industry, the median Dividend Payout Ratio is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thule Group AB's current Dividend Payout Ratio is 0.00. 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 Dividend Payout Ratio is 0.00. 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 Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Thule Group AB (THLPF), the current Dividend Payout Ratio is 0.00 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:

  • Dividend Payout Ratio: 0.00
  • 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

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

$26.82
Price
$40.56
GF Value