Valuation: Thales

Capitalization 50.36B 59.76B 45.93B 43.85B 81.4B 5,413B 84.57B 534B 212B 2,614B 224B 220B 9,136B P/E ratio 2025 *
32.2x
P/E ratio 2026 * 26.7x
Enterprise value 52.36B 62.14B 47.76B 45.59B 84.63B 5,628B 87.94B 555B 221B 2,718B 233B 228B 9,499B EV / Sales 2025 *
2.38x
EV / Sales 2026 * 2.16x
Free-Float
40.76%
Yield 2025 *
1.55%
Yield 2026 * 1.77%
1 day-0.61%
1 week-0.77%
Current month-4.22%
1 month-7.19%
3 months+0.62%
6 months+5.87%
Current year+6.70%
1 week 244.1
Extreme 244.1
258.1
1 month 243.6
Extreme 243.6
270
Current year 228
Extreme 228
274.2
1 year 169.85
Extreme 169.85
279.3
3 years 126.45
Extreme 126.45
279.3
5 years 70.54
Extreme 70.54
279.3
10 years 52.5
Extreme 52.5
279.3
Manager TitleAgeSince
Chief Executive Officer 56 23/12/2014
Director of Finance/CFO 65 01/04/2012
Chief Operating Officer 57 01/10/2023
Director TitleAgeSince
Director/Board Member 72 16/02/2010
Director/Board Member 65 19/05/2009
Director/Board Member 65 16/02/2010
Change 5d. change 1-year change 3-years change Capi.($)
-0.61%-0.77%+50.48%+96.16% 59.76B
-1.16%-4.75%+214.55%+262.39% 14.76B
+2.21%+3.92%+121.73%+192.75% 11.08B
+5.26%+0.72%+269.97%+387.39% 7.65B
+0.76%+5.58%+316.67%+700.60% 6.02B
-1.31%-0.59%+21.60%+69.29% 4.2B
-0.67%+1.10%-6.94% - 1.82B
+6.54%+1.87%+268.47%+337.43% 1.45B
-0.73%-0.24%+43.89%-23.19% 1.09B
-3.75%-2.03%+55.08% - 1.04B
Average +0.65%-1.18%+135.55%+252.85% 10.89B
Weighted average by Cap. +0.13%-0.80%+110.92%+185.75%

Financials

2025 *2026 *
Net sales 21.96B 26.07B 20.03B 19.13B 35.5B 2,361B 36.89B 233B 92.5B 1,140B 97.75B 95.74B 3,985B 23.64B 28.06B 21.56B 20.59B 38.22B 2,541B 39.71B 251B 99.57B 1,227B 105B 103B 4,289B
Net income 1.53B 1.82B 1.4B 1.33B 2.47B 164B 2.57B 16.23B 6.44B 79.42B 6.81B 6.67B 278B 1.85B 2.2B 1.69B 1.61B 3B 199B 3.11B 19.66B 7.81B 96.21B 8.25B 8.08B 336B
Net Debt 2B 2.38B 1.83B 1.74B 3.24B 215B 3.36B 21.24B 8.43B 104B 8.91B 8.73B 363B 622M 739M 568M 542M 1.01B 66.91B 1.05B 6.6B 2.62B 32.31B 2.77B 2.71B 113B
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 (53.3%): 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 (26.6%): avionics equipment (cockpit, cabin multimedia, and simulation equipment), space systems (satellites, payloads, etc.); - digital identification and security solutions (19.9%); - other (0.5%). 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 (28.8%), the United Kingdom (6.6%), Europe (25.1%), North America (14.2%), Australia and New Zealand (4.6%) and other (20.7%).
Employees
80,605
Date Price Change Volume
13/02/26 245.20 -0.61% 238,049
12/02/26 246.70 +0.33% 214,006
11/02/26 245.90 -2.61% 205,015
10/02/26 252.50 -1.90% 201,360
09/02/26 257.40 +4.17% 219,148
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
18
Last Close Price
245.20EUR
Average target price
285.67EUR
Spread / Average Target
+16.50%

Quarterly revenue - Rate of surprise