THLPF (Thule Group AB) Financial Strength: 6 (As of Mar. 2026) — 14% Below Median

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THLPF Thule Group AB THLPF
83 GF Score
Price $26.82
GF Value $40.04
! 3 Warning Signs
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What is Thule Group AB Financial Strength?

Thule Group AB THLPF 83 Financial Strength is 6 as of Mar. 2026, which is 14% below its 10-year median of 7.00. GuruFocus rates THLPF with a GF Score™ of 83/100 and a GF Value™ of $40.04. The stock has 3 warning signs investors should review.

Thule Group AB has the Financial Strength Rank of 6.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Thule Group AB's Interest Coverage for the quarter that ended in Mar. 2026 was 10.87. Thule Group AB's debt to revenue ratio for the quarter that ended in Mar. 2026 was 0.44. As of today, Thule Group AB's Altman Z-Score is 3.10.


Thule Group AB  (OTCPK:THLPF) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Thule Group AB has the Financial Strength Rank of 6.


Thule Group AB Financial Strength Related Terms


THLPF vs AS, HAS, LTH: Financial Strength Comparison

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

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

* The bar in red indicates where Thule Group AB's Financial Strength falls into.


THLPF
83GF Score
Thule Group AB THLPF
Financial Strength is just one metric. See GF Score™, valuation, warning signs, and more.
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Thule Group AB Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

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:

Thule Group AB's Interest Expense for the months ended in Mar. 2026 was $-4 Mil. Its Operating Income for the months ended in Mar. 2026 was $46 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $475 Mil.

Thule Group AB's Interest Coverage for the quarter that ended in Mar. 2026 is

Interest Coverage=-1*Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*45.507/-4.186
=10.87

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Thule Group AB's Debt to Revenue Ratio for the quarter that ended in Mar. 2026 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2026 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(11.162 + 474.713) / 1104.624
=0.44

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Thule Group AB has a Z-score of 3.10, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 3.1 is strong.

* 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 Financial Strength →
What does a Financial Strength of 6 mean?
Thule Group AB (THLPF) has a Financial Strength of 6 as of Mar. 2026. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Thule Group AB and its competitors. This is 14% below median its historical median of 7.00. Over the past decade, Thule Group AB's Financial Strength has ranged from 2.00 to 8.00.
Is Thule Group AB's Financial Strength too high?
Thule Group AB's current Financial Strength of 6 is 14% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. Overall, Thule Group AB has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Thule Group AB's Financial Strength compare to AS and HAS?
Thule Group AB's Financial Strength of 6 can be compared against companies in the Travel & Leisure industry. Historically, Thule Group AB's own Financial Strength has ranged from 2.00 to 8.00 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 Financial Strength for a Travel & Leisure company?
A good Financial Strength depends on the Travel & Leisure industry context. However, Financial Strength 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 Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Thule Group AB and its competitors. Thule Group AB's current Financial Strength is 6, which is 14% below median its own 10-year median of 7.00. 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?
Thule Group AB (THLPF) has a current Financial Strength of 6. The stock's GF Value™ is $40.04, compared to a current price of $26.82 — trading 33% below its estimated fair value. The current Financial Strength is 6, which is 14% below median its 10-year median of 7.00. Thule Group AB's overall GF Score™ is 83/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For Thule Group AB (THLPF), the current Financial Strength is 6 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% below its estimated GF Value™ of $40.04.

Key valuation signals for THLPF:

  • Financial Strength: 6 (14% below median its 10-year median of 7.00)
  • GF Value™: $40.04 vs. price of $26.82 (33% below fair value)
  • GF Score™: 83/100 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.
83GF Score

Get the complete analysis for THLPF

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

$26.82
Price
$40.04
GF Value