Thule Group Ab Stock Fundamentals
| THLPF Stock | USD 29.20 0.00 0.00% |
Fundamental analysis of Thule Group allows traders to better anticipate movements in Thule Group's stock price by examining its financial health and performance throughout various phases of its business cycle.
Thule |
Thule Group AB OTC Stock Return On Equity Analysis
Thule Group's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Thule Group Return On Equity | 0.21 |
Most of Thule Group's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Thule Group AB is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Thule Group AB has a Return On Equity of 0.2062. This is 94.27% lower than that of the sector and 133.8% lower than that of the Return On Equity industry. The return on equity for all United States stocks is 166.52% lower than that of the firm.
Thule Group AB Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Thule Group's current stock value. Our valuation model uses many indicators to compare Thule Group value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Thule Group competition to find correlations between indicators driving Thule Group's intrinsic value. More Info.Thule Group AB is rated third in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.47 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Thule Group AB is roughly 2.11 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Thule Group's earnings, one of the primary drivers of an investment's value.Thule Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Thule Group's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Thule Group could also be used in its relative valuation, which is a method of valuing Thule Group by comparing valuation metrics of similar companies.Thule Group is currently under evaluation in return on equity category among its peers.
Thule Fundamentals
| Return On Equity | 0.21 | |||
| Return On Asset | 0.0975 | |||
| Profit Margin | 0.13 % | |||
| Current Valuation | 2.7 B | |||
| Shares Outstanding | 104.56 M | |||
| Shares Owned By Insiders | 0.88 % | |||
| Shares Owned By Institutions | 87.50 % | |||
| Price To Earning | 21.64 X | |||
| Price To Book | 3.85 X | |||
| Price To Sales | 2.51 X | |||
| Revenue | 10.39 B | |||
| Gross Profit | 3.86 B | |||
| EBITDA | 2.5 B | |||
| Net Income | 1.79 B | |||
| Cash And Equivalents | 19.03 M | |||
| Cash Per Share | 0.18 X | |||
| Total Debt | 1.42 B | |||
| Debt To Equity | 0.46 % | |||
| Current Ratio | 2.18 X | |||
| Book Value Per Share | 4.33 X | |||
| Cash Flow From Operations | 1.13 B | |||
| Earnings Per Share | 1.29 X | |||
| Number Of Employees | 22 | |||
| Beta | 1.2 | |||
| Market Capitalization | 2.61 B | |||
| Total Asset | 10.19 B | |||
| Z Score | 1.6 | |||
| Annual Yield | 0.05 % | |||
| Net Asset | 10.19 B |
About Thule Group Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Thule Group AB's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Thule Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Thule Group AB based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Thule Group AB operates as a sports and outdoor company. Thule Group AB was founded in 1942 and is headquartered in Malm, Sweden. Thule Group is traded on OTC Exchange in the United States.
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Other Information on Investing in Thule OTC Stock
Thule Group financial ratios help investors to determine whether Thule OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Thule with respect to the benefits of owning Thule Group security.