Thule Group (Sweden) Performance
| THULE Stock | SEK 344.40 10.00 2.82% |
On a scale of 0 to 100, Thule Group holds a performance score of 7. The entity has a beta of -0.34, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Thule Group are expected to decrease at a much lower rate. During the bear market, Thule Group is likely to outperform the market. Please check Thule Group's skewness, and the relationship between the potential upside and rate of daily change , to make a quick decision on whether Thule Group's existing price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Thule Group AB are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, Thule Group unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 706 M | |
| Total Cashflows From Investing Activities | -503 M |
Thule |
Thule Group Relative Risk vs. Return Landscape
If you would invest 29,987 in Thule Group AB on August 29, 2024 and sell it today you would earn a total of 4,453 from holding Thule Group AB or generate 14.85% return on investment over 90 days. Thule Group AB is generating 0.2496% of daily returns and assumes 2.7729% volatility on return distribution over the 90 days horizon. Simply put, 24% of stocks are less volatile than Thule, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Thule Group Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thule Group's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Thule Group AB, and traders can use it to determine the average amount a Thule Group's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.09
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Estimated Market Risk
| 2.77 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Thule Group is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Thule Group by adding it to a well-diversified portfolio.
Thule Group Fundamentals Growth
Thule Stock prices reflect investors' perceptions of the future prospects and financial health of Thule Group, and Thule Group fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Thule Stock performance.
| Return On Equity | 0.21 | |||
| Return On Asset | 0.0975 | |||
| Profit Margin | 0.13 % | |||
| Operating Margin | 0.17 % | |||
| Current Valuation | 27.94 B | |||
| Shares Outstanding | 104.56 M | |||
| Price To Earning | 23.90 X | |||
| Price To Book | 3.85 X | |||
| Price To Sales | 2.34 X | |||
| Revenue | 10.39 B | |||
| EBITDA | 2.5 B | |||
| Cash Per Share | 2.20 X | |||
| Total Debt | 1.55 B | |||
| Debt To Equity | 64.90 % | |||
| Book Value Per Share | 62.67 X | |||
| Cash Flow From Operations | 1.13 B | |||
| Earnings Per Share | 13.71 X | |||
| Total Asset | 10.19 B | |||
| Current Asset | 2.12 B | |||
| Current Liabilities | 1.14 B | |||
About Thule Group Performance
Assessing Thule Group's fundamental ratios provides investors with valuable insights into Thule Group's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Thule Group is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Thule Group AB operates in the sports and outdoor sector worldwide. Thule Group AB was founded in 1942 and is headquartered in Malm, Sweden. Thule Group operates under Sports Equipment Manufacturers And Retailers classification in Sweden and is traded on Stockholm Stock Exchange. It employs 2300 people.Things to note about Thule Group AB performance evaluation
Checking the ongoing alerts about Thule Group for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Thule Group AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The company has kr1.55 Billion in debt which may indicate that it relies heavily on debt financing | |
| Over 88.0% of the company shares are owned by institutional investors |
- Analyzing Thule Group's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Thule Group's stock is overvalued or undervalued compared to its peers.
- Examining Thule Group's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Thule Group's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Thule Group's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Thule Group's stock. These opinions can provide insight into Thule Group's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Thule Stock Analysis
When running Thule Group's price analysis, check to measure Thule Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Thule Group is operating at the current time. Most of Thule Group's value examination focuses on studying past and present price action to predict the probability of Thule Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thule Group's price. Additionally, you may evaluate how the addition of Thule Group to your portfolios can decrease your overall portfolio volatility.