TH

Thule Group ABSTO Thule Group Stock Report

Last reporting period 31 Mar, 2024

Updated 01 Nov, 2024

Last price

Market cap $B

3.053

Middle

Exchange

XSTO - Nasdaq STOCKHOLM AB

View Section: Eyestock Rating

Thule Group Fair Value

TH

The fair market value of THULE.ST stock is 277.61 SEK. Relative to the market price of 359 SEK Thule Group is overvalued by 22.7%

Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.

Fair Relative Value

Greatly overvalued 22.7%
277.61 SEK
THULE.ST Fair Value
359 SEK
Market price of THULE.ST

Thule Group Valuation

Current THULE.ST share ticker price is 359 SEK.

The fair value level of 277.61 SEK can be considered as an effective entry point for long-term investors to start investing in THULE.ST stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.

Price chart is not available

1y
3y
5y
All time
Market price

Current market price

Fair value

Current price is 23% higher its fair value

Min value

Current price is 43% higher its minimum value

Max value

Current price is 8% higher its maximum value

04.11.2024

Market price:

* Eyestock is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on eyestock.io represent a recommendation to buy or sell a security.

THULE.ST stock is greatly overvalued

It means the current price may concern as a High Risk Entry Point

Thule Group AB Stock Valuation Calculator

How do we value a stock?

As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.

1

Maximum P/E over 5 years

31.2

2

Median P/E over 5 years

26.13

3

Minimum P/E over 5 years

19.18

4

Earning per share (last 12 months)

10.62 SEK

Maximum value

1

x

4

=

331.39 SEK

Fair value

2

x

4

=

277.61 SEK

Minimum value

3

x

4

=

203.78 SEK

Thule Group AB price metrics

12.58

Annual return (geometric mean)

38.76

Risk (standard deviation) of returns

β

1.41

Beta (volatility compared to market)

It means that THULE.ST stock is more volatile than the broader market

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View Section: Profitability