As of 2026-09-21, the Intrinsic Value of Thule Group AB (THULE.ST) is 238.63 SEK. This THULE.ST valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 200.60 SEK, the upside of Thule Group AB is 19.00%.
The range of the Intrinsic Value is 146.15 - 559.38 SEK
Based on its market price of 200.60 SEK and our intrinsic valuation, Thule Group AB (THULE.ST) is undervalued by 19.00%.
| Range | Selected | Upside | |
| a | |||
| DCF (Growth 5y) | 146.15 - 559.38 | 238.63 | 19.0% |
| DCF (Growth 10y) | 178.36 - 622.21 | 278.53 | 38.8% |
| DCF (EBITDA 5y) | 156.26 - 259.33 | 215.89 | 7.6% |
| DCF (EBITDA 10y) | 181.07 - 306.42 | 247.55 | 23.4% |
| Fair Value | 54.02 - 54.02 | 54.02 | -73.07% |
| P/E | 156.43 - 223.19 | 205.00 | 2.2% |
| EV/EBITDA | 111.49 - 240.26 | 183.25 | -8.6% |
| EPV | 57.72 - 101.34 | 79.53 | -60.4% |
| DDM - Stable | 100.76 - 424.88 | 262.82 | 31.0% |
| DDM - Multi | 145.46 - 442.14 | 214.98 | 7.2% |
| Market Cap (mil) | 21,632.70 |
| Beta | 1.22 |
| Outstanding shares (mil) | 107.84 |
| Enterprise Value (mil) | 25,696.70 |
| Market risk premium | 5.10% |
| Cost of Equity | 7.90% |
| Cost of Debt | 5.00% |
| WACC | 7.25% |