Thule Group AB (CHIX:THULES) Retained Earnings: kr0 Mil (As of Jun. 2026)

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CHIX:THULES Thule Group AB CHIX:THULES
71 GF Score
Price kr206.60
GF Value kr297.11
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Thule Group AB Retained Earnings?

Thule Group AB CHIX:THULES 71 Retained Earnings is kr0 Mil as of Jun. 2026. GuruFocus rates CHIX:THULES with a GF Score™ of 71/100 and a GF Value™ of kr297.11 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Thule Group AB's retained earnings for the quarter that ended in Jun. 2026 was kr0 Mil.

Thule Group AB's quarterly retained earnings declined from Dec. 2025 (kr3,550 Mil) to Mar. 2026 (kr0 Mil) but then stayed the same from Mar. 2026 (kr0 Mil) to Jun. 2026 (kr0 Mil).

Thule Group AB's annual retained earnings increased from Dec. 2023 (kr3,206 Mil) to Dec. 2024 (kr3,326 Mil) and increased from Dec. 2024 (kr3,326 Mil) to Dec. 2025 (kr3,550 Mil).


Thule Group AB  (CHIX:THULEs) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Thule Group AB Retained Earnings Historical Data

* Premium members only.

The historical data trend for Thule Group AB's Retained Earnings 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 Retained Earnings Chart

Thule Group AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,114.00 3,107.00 3,206.00 3,326.00 3,550.00

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
Retained Earnings 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 0.00 3,550.00 0.00 0.00
CHIX:THULES
71GF Score
Thule Group AB CHIX:THULES
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Thule Group AB Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of kr0 Mil mean?
Thule Group AB (CHIX:THULES) has a Retained Earnings of kr0 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Thule Group AB and its competitors.
Is Thule Group AB's Retained Earnings too high?
Thule Group AB's current Retained Earnings is kr0 Mil. 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 Retained Earnings compare to AS and HAS?
Thule Group AB's Retained Earnings of kr0 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 Retained Earnings for a Travel & Leisure company?
A good Retained Earnings depends on the Travel & Leisure industry context. However, Retained Earnings 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 Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Thule Group AB and its competitors. Thule Group AB's current Retained Earnings is kr0 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 (CHIX:THULES) is currently considered Significantly Undervalued. The stock's GF Value™ is kr297.11, compared to a current price of kr206.60 — trading 30.5% below its estimated fair value. The current Retained Earnings is kr0 Mil. 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 Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Thule Group AB (CHIX:THULES), the current Retained Earnings is kr0 Mil as of Jun. 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 30.5% below its estimated GF Value™ of kr297.11. GuruFocus considers Thule Group AB to be Significantly Undervalued.

Key valuation signals for CHIX:THULES:

  • Retained Earnings: kr0 Mil
  • GF Value™: kr297.11 vs. price of kr206.60 (30.5% below fair value)
  • GF Score™: 71/100 with 4 warning signs

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

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

kr206.60
Price
kr297.11
GF Value