Valuation Thales

Stocks

Market Closed - Euronext Paris 11:55:00 2026-08-28 EDT			5-day change	1st Jan Change
244.70 ^EUR	-0.81%		-3.32%	+6.48%

08-27	Italy Unlocks Nearly EUR9bn From Safe for Defense	AN
08-22	France agrees to accelerate air defence deliveries to Ukraine, Zelenskiy says	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	15,929	25,259	27,925	28,476	47,195	50,276	-	-
Change	-	58.57%	10.55%	1.97%	65.74%	6.53%	-	-
Enterprise Value (EV) ¹	16,724	25,295	31,925	31,520	48,813	50,460	50,422	47,054
Change	-	51.25%	26.21%	-1.27%	54.86%	3.37%	-0.07%	-6.68%
P/E	14.6x	22.6x	27.3x	20.1x	28.2x	28.9x	21.8x	19.1x
PBR	2.46x	3.49x	4.05x	3.79x	5.93x	5.75x	5.02x	4.38x
PEG	-	6.81x	-3.8x	0.5x	1.5x	7.16x	0.7x	1.4x
Capitalization / Revenue	0.98x	1.44x	1.52x	1.38x	2.13x	2.11x	1.94x	1.79x
EV / Revenue	1.03x	1.44x	1.73x	1.53x	2.21x	2.12x	1.95x	1.67x
EV / EBITDA	7.12x	10.5x	12.4x	10.9x	12.8x	13.1x	11.8x	10x
EV / EBIT	10.1x	13.1x	15x	13x	17.8x	16.8x	14.8x	12.4x
EV / FCF	7.41x	10.2x	15.8x	15.6x	18.9x	21.3x	19.6x	16.2x
FCF Yield	13.5%	9.85%	6.35%	6.43%	5.28%	4.7%	5.09%	6.16%
Dividend per Share ²	2.56	2.94	3.4	3.7	3.9	4.265	4.939	5.576
Rate of return	3.42%	2.46%	2.54%	2.67%	1.7%	1.74%	2.02%	2.28%
EPS ²	5.12	5.29	4.91	6.89	8.15	8.479	11.25	12.84
Distribution rate	50%	55.6%	69.2%	53.7%	47.9%	50.3%	43.9%	43.4%
Net sales ¹	16,192	17,569	18,428	20,577	22,136	23,831	25,919	28,120
EBITDA ¹	2,348	2,405	2,582	2,898	3,827	3,857	4,282	4,690
EBIT ¹	1,649	1,935	2,132	2,419	2,740	3,006	3,417	3,789
Net income ¹	1,089	1,121	1,023	1,420	1,675	1,713	2,220	2,514
Net Debt ¹	795	35.2	4,000	3,044	1,618	183.7	145.9	-3,222
Reference price ²	74.80	119.30	133.95	138.65	229.80	244.70	244.70	244.70
Nbr of stocks (in thousands)	212,957	211,730	208,476	205,380	205,373	205,461	-	-
Announcement Date	3/3/22	3/8/23	3/5/24	3/4/25	3/3/26	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
THALES	29.1x	2.13x	13.19x	1.73%	58.35B
HENSOLDT AG	60.21x	3.94x	21.35x	0.78%	11.69B
CHINA SPACESAT CO.,LTD.	595.17x	10.1x	129.06x	-	10.59B
PLANET LABS PBC	-39.92x	16.4x	738.09x	-.--%	7.12B
OHB SE	65.49x	2.5x	23.41x	0.41%	4.57B
SHANGHAI HUACE NAVIGATION TECHNOLOGY LTD	25.56x	4.67x	21.07x	1.77%	3.39B
SYNSPECTIVE INC.	64.38x	30.91x	-172.94x	-.--%	1.36B
CHENGDU M&S ELECTRONICS TECHNOLOGY CO.,LTD.	37.59x	-	-	-	593M
SATREC INITIATIVE CO., LTD.	62.67x	3.17x	25.65x	0.2%	592M
Average	100.03x	9.23x	99.86x	0.7%	10.92B
Weighted average by Cap.	91.10x	4.77x	77.82x	1.36%