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Thule Group AB Unsponsored ADR (DE:TU00)
MUNICH:TU00

Thule Group AB Unsponsored ADR (TU00) Price & Analysis

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TU00 Stock Chart & Stats

€9.70
€0.00(0.00%)
At close: 4:00 PM EDT
€9.70
€0.00(0.00%)

Bulls Say, Bears Say

Bulls Say
Strong Operating Cash Flow And DeleveragingRobust operating cash generation alongside lower leverage improves financial flexibility. This supports continued investment, acquisitions and shareholder distributions while reducing balance-sheet risk over the medium term.
Product Innovation And Category DiversificationGrowth in Active with Kids & Dogs, ongoing product launches and the curli acquisition expand Thule’s addressable market beyond core vehicle carriers. A broader, innovation-led portfolio can support brand relevance and reduce reliance on one category.
Record Gross Margin And Improving EBIT ProfitabilityRecord gross margin and higher adjusted EBIT margin indicate stronger pricing, product mix and operating efficiency. Sustained margin improvement would strengthen earnings resilience and provide capacity to absorb input-cost or regional pressures.
Bears Say
Net Margin Remains Below Its 2021 PeakThe decline in net margin shows that revenue recovery has not fully restored prior earnings quality. Higher costs or pricing pressure could continue limiting profit conversion, making sustained margin expansion important for long-term returns.
Weak North America And Softness In Core CarriersWeakness in North America and the largely stagnant core Sport & Cargo Carriers category creates concentration risk. Retailer destocking and softer demand could restrain consolidated growth until market conditions and channel inventories normalize.
Uneven Cash Conversion Reduces Earnings QualityPositive cash generation is offset by inconsistent conversion from accounting earnings, reflecting working-capital swings or higher cash costs. If persistent, this could limit debt reduction, reinvestment and the reliability of shareholder returns.

Thule Group AB Unsponsored ADR News

TU00 FAQ

What was Thule Group AB Unsponsored ADR’s price range in the past 12 months?
Thule Group AB Unsponsored ADR lowest stock price was €8.90 and its highest was €12.40 in the past 12 months.
    What is Thule Group AB Unsponsored ADR’s market cap?
    Thule Group AB Unsponsored ADR’s market cap is €1.99B.
      When is Thule Group AB Unsponsored ADR’s upcoming earnings report date?
      Thule Group AB Unsponsored ADR’s upcoming earnings report date is Oct 22, 2026 which is in 53 days.
        How were Thule Group AB Unsponsored ADR’s earnings last quarter?
        Thule Group AB Unsponsored ADR released its earnings results on Jul 20, 2026. The company reported €0.233 earnings per share for the quarter, beating the consensus estimate of N/A by €0.233.
          Is Thule Group AB Unsponsored ADR overvalued?
          According to Wall Street analysts Thule Group AB Unsponsored ADR’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Thule Group AB Unsponsored ADR pay dividends?
            Thule Group AB Unsponsored ADR does not currently pay dividends.
            What is Thule Group AB Unsponsored ADR’s EPS estimate?
            Thule Group AB Unsponsored ADR’s EPS estimate for its next earnings report is not yet available.
            How many shares outstanding does Thule Group AB Unsponsored ADR have?
            Thule Group AB Unsponsored ADR has 215,676,330 shares outstanding.
              What happened to Thule Group AB Unsponsored ADR’s price movement after its last earnings report?
              Thule Group AB Unsponsored ADR reported an EPS of €0.233 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went same 0%.
                Which hedge fund is a major shareholder of Thule Group AB Unsponsored ADR?
                Currently, no hedge funds are holding shares in DE:TU00
                What is the TipRanks Smart Score and how is it calculated?
                Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                  Thule Group AB Unsponsored ADR Stock Smart Score

                  3
                  Underperform
                  1
                  2
                  3
                  4
                  5
                  6
                  7
                  8
                  9
                  10

                  Technicals

                  SMA
                  Negative
                  20 days / 200 days
                  Momentum
                  -18.14%
                  12-Months-Change

                  Fundamentals

                  Return on Equity
                  4.04%
                  Trailing 12-Months
                  Asset Growth
                  4.36%
                  Trailing 12-Months
                  Learn more about TipRanks Smart Score

                  Company Description

                  Thule Group AB Unsponsored ADR

                  Thule Group AB (publ) is a prominent company specializing in sports and outdoor equipment. Their extensive product portfolio includes vehicle-mounted solutions such as roof racks, cargo boxes, and specialized carriers for bicycles, water sports gear, and winter sports equipment, alongside innovative rooftop tents. For recreational vehicles and caravans, Thule provides awnings, bike transport systems, and compatible tents. The company also caters to families with products like bike trailers, child bike seats, and various strollers. Furthermore, their offerings extend to personal carrying solutions, including a wide array of luggage, general backpacks, specialized laptop and sports bags, hiking backpacks, camera bags, and protective cases for consumer electronics. These products are primarily marketed and sold under their flagship Thule brand, as well as the Case Logic brand. Thule Group maintains a significant global presence, with operations spanning its home country of Sweden, other Nordic nations, Germany, and the broader European continent. Beyond Europe, they serve markets across the United States, the wider North American region, Central and South America, and the Asia/Pacific Rim, truly operating on an international scale. Established in 1942, Thule Group AB (publ) is headquartered in Malmö, Sweden.

                  Thule Group AB Unsponsored ADR (TU00) Earnings & Revenues

                  TU00 Company Deck

                  TU00 Earnings Call

                  Q2 2026
                  0:00 / 0:00
                  Earnings Call Sentiment|Positive
                  The call presents a predominantly positive operating and financial picture: revenue growth (2.5% Q2, ~3.1% H1), record-high gross margin (47.3%), stronger adjusted EBIT margin (22.8%) and robust operating cash flow (SEK 824m) with deleveraging to 1.9x. Growth is driven by champion categories (notably Active with Kids & Dogs) and successful new product launches and acquisitions (curli), while efficiency programs and technology platforms are contributing to margin improvement. Key challenges include a soft North American market (-2% in Q2), raw material inflation pressures (aluminium) that will impact Q3 COGS, currency headwinds (~2 p.p. sales impact) and some short-term assortment/dealer destocking dynamics and one-off closure costs (SEK 23m). Management expects price increases (avg ~2.5% in August) and tariff refunds (~SEK 50m in Q3) to mitigate near-term headwinds and is pursuing long-term margin initiatives (DC automation with SEK 100m annual savings). Overall, positives around margin expansion, cash generation, product momentum and strategic actions outweigh the regional and cost pressures, but near-term execution around pricing, raw materials and North America will be important.View all DE:TU00 earnings summaries
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