Valuation: Thales

Market Cap 54.94B 63.4B 51.43B 46.93B 88.31B 6,047B 89.8B 603B 236B 3,027B 238B 233B 10,097B P/E 2026 *
31.9x
P/E 2027 * 23.7x
Enterprise Value 55.14B 63.62B 51.62B 47.1B 88.63B 6,068B 90.12B 605B 237B 3,037B 239B 234B 10,133B EV / Sales 2026 *
2.32x
EV / Sales 2027 * 2.12x
Free-Float
43.58%
Yield 2026 *
1.61%
Yield 2027 * 1.85%
Manager TitleAgeSince
Chief Executive Officer 56 23/12/2014
Director of Finance/CFO 52 01/07/2026
Chief Operating Officer 58 01/10/2023
Director TitleAgeSince
Director/Board Member 72 16/02/2010
Director/Board Member 66 19/05/2009
Director/Board Member 66 16/02/2010
Change 5-day change 1-year change 3-year change Capi.($)
0.00%0.00% - - 63.46B
+0.15%+2.06%+17.30%+97.42% 63.46B
-1.67%+3.50%+6.78%+196.53% 12.28B
-8.12%+6.27%+111.24%+133.53% 12.12B
+1.62%+2.93%+266.04%+571.43% 8.23B
+5.59%-3.16%+246.75%+472.93% 5.58B
-1.26%-1.54%-24.02%+25.59% 3.35B
-1.67%+0.73%-40.97%-6.43% 1.24B
+2.59%+21.12%+38.80% - 1.15B
-3.20%+8.38%-45.84%-35.94% 637M
Average -0.57%+216.32%+64.01%+181.88% 12.01B
Weighted average by Cap. -0.40%+193.67%+55.34%+164.74%

Financials

2026 *2027 *
Net sales 23.8B 27.47B 22.28B 20.33B 38.26B 2,620B 38.9B 261B 102B 1,311B 103B 101B 4,375B 25.86B 29.84B 24.21B 22.09B 41.57B 2,846B 42.26B 284B 111B 1,425B 112B 110B 4,752B
Net income 1.67B 1.93B 1.57B 1.43B 2.69B 184B 2.74B 18.39B 7.2B 92.27B 7.26B 7.1B 308B 2.21B 2.55B 2.07B 1.89B 3.56B 243B 3.62B 24.28B 9.51B 122B 9.58B 9.38B 407B
Net Debt 196M 226M 183M 167M 315M 21.56B 320M 2.15B 842M 10.79B 849M 830M 36B -182M -209M -170M -155M -292M -19.98B -297M -1.99B -781M -10B -787M -769M -33.37B
Logo Thales
Thales is one of the European leaders in manufacturing and marketing of electronic equipment and systems for the aerospace, defense and security sectors. Net sales break down by product group as follows: - defense and security systems (55.3%): C4I defense and security systems (control and monitoring systems, communication, protection, cyber-security, and other systems), defense mission systems, naval systems, electronic war systems, drones, air operation systems (air defense, air surveillance), ground defense systems and missiles; - aerospace systems (26.7%): avionics equipment (cockpit, cabin multimedia, and simulation equipment), space systems (satellites, payloads, etc.); - digital identification and security solutions (17.4%); - other (0.6%). Besides, the group owns a 35% stake in Naval Group (manufacture of naval equipment for defense and nuclear energy sectors). Net sales are distributed geographically as follows: France (27.7%), the United Kingdom (6.5%), Europe (28.1%), North America (12.4%), Asia (9.9%), Australia and New Zealand (4.1%) and other (11.3%).
Employees
-
Trader
Investor
Global
Quality
ESG MSCI
BBB
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
18
Last Close Price
267.40EUR
Average target price
293.22EUR
Spread / Average Target
+9.66%

Quarterly revenue - Rate of surprise