THLPF (Thule Group AB) Total Assets: $1,608 Mil (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
View Full Analysis

What is Thule Group AB Total Assets?

Thule Group AB THLPF 78 Total Assets is $1,608 Mil 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.

Thule Group AB's Total Assets for the quarter that ended in Mar. 2026 was $1,608 Mil.

Warning Sign:

If a company builds assets at 11.6% a year, faster than its revenue growth rate of 2.6% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Thule Group AB's average Total Assets Growth Rate was 1.40% per year. During the past 3 years, the average Total Assets Growth Rate was 5.50% per year. During the past 5 years, the average Total Assets Growth Rate was 11.60% per year. During the past 10 years, the average Total Assets Growth Rate was 8.50% per year.

During the past 13 years, Thule Group AB's highest 3-Year average Total Assets Growth Rate was 13.20%. The lowest was -5.70%. And the median was 4.60%.

Total Assets is connected with ROA %. Thule Group AB's annualized ROA % for the quarter that ended in Mar. 2026 was 8.15%. Total Assets is also linked to Revenue through Asset Turnover. Thule Group AB's Asset Turnover for the quarter that ended in Mar. 2026 was 0.18.


Thule Group AB  (OTCPK:THLPF) Total Assets Explanation

Total Assets is connected with ROA %.

Thule Group AB's annualized ROA % for the quarter that ended in Mar. 2026 is

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=125.788/( (1478.668+1608.316)/ 2 )
=125.788/1543.492
=8.15 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Thule Group AB's Asset Turnover for the quarter that ended in Mar. 2026 is

Asset Turnover
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=276.156/( (1478.668+1608.316)/ 2 )
=276.156/1543.492
=0.18

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Thule Group AB Total Assets Related Terms


Thule Group AB Total Assets Historical Data

* Premium members only.

The historical data trend for Thule Group AB's Total Assets 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 Total Assets Chart

Thule Group AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,121.28 1,125.36 1,069.06 1,361.58 1,478.67

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
Total Assets 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 1,464.85 1,542.28 1,544.70 1,478.67 1,608.32
THLPF
78GF Score
Thule Group AB THLPF
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thule Group AB Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

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

Total Assets=Total Equity (A: Dec. 2025 )+Total Liabilities (A: Dec. 2025 )
=777.64+701.028
=1,479

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

Total Assets=Total Equity (Q: Mar. 2026 )+Total Liabilities (Q: Mar. 2026 )
=841.24+767.076
=1,608

* 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 Total Assets →
What does a Total Assets of $1,608 Mil mean?
Thule Group AB (THLPF) has a Total Assets of $1,608 Mil as of Mar. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on Thule Group AB and its competitors.
Is Thule Group AB's Total Assets too high?
Thule Group AB's current Total Assets is $1,608 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 Total Assets compare to AS and HAS?
Thule Group AB's Total Assets of $1,608 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 Total Assets for a Travel & Leisure company?
A good Total Assets depends on the Travel & Leisure industry context. However, Total Assets 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Thule Group AB and its competitors. Thule Group AB's current Total Assets is $1,608 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 Total Assets is $1,608 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 Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Thule Group AB (THLPF), the current Total Assets is $1,608 Mil 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:

  • Total Assets: $1,608 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

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

$26.82
Price
$40.56
GF Value