Valuation Thales

Stocks

Market Closed - Euronext Paris 11:55:00 2026-10-09 EDT			5-day change	1st Jan Change
218.30 ^EUR	+1.21%		-1.98%	-5.00%

10-09	Berlin rejects claim it dropped Franco-German tank project	RE
10-09	Exail Technologies restates accounts to recognize EUR329 million creditor liability	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	44,852	-	-
Change	-	58.57%	10.55%	1.97%	65.74%	-4.96%	-	-
Enterprise Value (EV) ¹	16,724	25,295	31,925	31,520	48,813	45,129	45,198	41,366
Change	-	51.25%	26.21%	-1.27%	54.86%	-7.55%	0.15%	-8.48%
P/E	14.6x	22.6x	27.3x	20.1x	28.2x	26x	19.2x	16.8x
PBR	2.46x	3.49x	4.05x	3.79x	5.93x	5.13x	4.52x	3.95x
PEG	-	6.81x	-3.8x	0.5x	1.5x	8.64x	0.5x	1.1x
Capitalization / Revenue	0.98x	1.44x	1.52x	1.38x	2.13x	1.88x	1.73x	1.59x
EV / Revenue	1.03x	1.44x	1.73x	1.53x	2.21x	1.89x	1.74x	1.47x
EV / EBITDA	7.12x	10.5x	12.4x	10.9x	12.8x	11.8x	10.5x	8.76x
EV / EBIT	10.1x	13.1x	15x	13x	17.8x	15x	13.2x	10.9x
EV / FCF	7.41x	10.2x	15.8x	15.6x	18.9x	18.6x	17.4x	13.7x
FCF Yield	13.5%	9.85%	6.35%	6.43%	5.28%	5.36%	5.74%	7.28%
Dividend per Share ²	2.56	2.94	3.4	3.7	3.9	4.27	4.91	5.568
Rate of return	3.42%	2.46%	2.54%	2.67%	1.7%	1.96%	2.25%	2.55%
EPS ²	5.12	5.29	4.91	6.89	8.15	8.395	11.36	13.02
Distribution rate	50%	55.6%	69.2%	53.7%	47.9%	50.9%	43.2%	42.7%
Net sales ¹	16,192	17,569	18,428	20,577	22,136	23,826	25,957	28,234
EBITDA ¹	2,348	2,405	2,582	2,898	3,827	3,835	4,294	4,721
EBIT ¹	1,649	1,935	2,132	2,419	2,740	3,003	3,420	3,811
Net income ¹	1,089	1,121	1,023	1,420	1,675	1,672	2,230	2,567
Net Debt ¹	795	35.2	4,000	3,044	1,618	276.5	346.2	-3,486
Reference price ²	74.80	119.30	133.95	138.65	229.80	218.30	218.30	218.30
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	25.69x	1.87x	11.63x	1.98%	49.63B
GE AEROSPACE	35.12x	6.47x	27.11x	0.59%	317B
RTX CORPORATION	30.55x	2.86x	17x	1.55%	248B
AIRBUS SE	25.24x	1.67x	12.44x	1.82%	166B
ROLLS-ROYCE HOLDINGS PLC	32.24x	4.67x	19.53x	1.07%	150B
BOEING	-624.5x	1.75x	39.73x	-.--%	148B
SAFRAN	31.14x	3.41x	15.44x	1.33%	144B
LOCKHEED MARTIN CORPORATION	16.68x	1.62x	11.67x	2.76%	117B
GENERAL DYNAMICS CORPORATION	19.4x	1.65x	13.48x	1.91%	89.12B
HOWMET AEROSPACE INC.	40.42x	9.12x	28.29x	0.24%	88.76B
Average	-36.80x	3.51x	19.63x	1.32%	151.88B
Weighted average by Cap.	-34.16x	3.77x	20.80x	1.21%