Valuation Thales

Stocks

Market Closed - Euronext Paris Other stock markets 01:55:00 24/06/26 am AEST			Pre-market 04:24:47 pm
228.00 ^EUR	+0.75%		228.05	+0.02%

01:48pm	Leonardo CEO Optimistic on Getting EU Approval for Space Merger with Airbus, Thales	MT
23/06	Leonardo, Airbus and Thales push Bromo to take on SpaceX	AN

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	46,849	-	-
Change	-	58.57%	10.55%	1.97%	65.74%	-0.73%	-	-
Enterprise Value (EV) ¹	16,724	25,295	31,925	31,520	48,813	47,266	45,778	44,127
Change	-	51.25%	26.21%	-1.27%	54.86%	-3.17%	-3.15%	-3.61%
P/E	14.6x	22.6x	27.3x	20.1x	28.2x	24.6x	20.5x	18x
PBR	2.46x	3.49x	4.05x	3.79x	5.93x	5.27x	4.62x	4.04x
PEG	-	6.81x	-3.8x	0.5x	1.5x	1.8x	1x	1.3x
Capitalization / Revenue	0.98x	1.44x	1.52x	1.38x	2.13x	1.98x	1.82x	1.68x
EV / Revenue	1.03x	1.44x	1.73x	1.53x	2.21x	1.99x	1.78x	1.58x
EV / EBITDA	7.12x	10.5x	12.4x	10.9x	12.8x	12.4x	10.9x	9.43x
EV / EBIT	10.1x	13.1x	15x	13x	17.8x	15.8x	13.7x	11.9x
EV / FCF	7.41x	10.2x	15.8x	15.6x	18.9x	20.7x	18.1x	15.6x
FCF Yield	13.5%	9.85%	6.35%	6.43%	5.28%	4.83%	5.52%	6.4%
Dividend per Share ²	2.56	2.94	3.4	3.7	3.9	4.272	4.898	5.499
Rate of return	3.42%	2.46%	2.54%	2.67%	1.7%	1.87%	2.15%	2.41%
EPS ²	5.12	5.29	4.91	6.89	8.15	9.252	11.11	12.66
Distribution rate	50%	55.6%	69.2%	53.7%	47.9%	46.2%	44.1%	43.4%
Net sales ¹	16,192	17,569	18,428	20,577	22,136	23,716	25,674	27,885
EBITDA ¹	2,348	2,405	2,582	2,898	3,827	3,808	4,206	4,677
EBIT ¹	1,649	1,935	2,132	2,419	2,740	2,998	3,347	3,723
Net income ¹	1,089	1,121	1,023	1,420	1,675	1,863	2,224	2,536
Net Debt ¹	795	35.2	4,000	3,044	1,618	417.1	-1,071	-2,721
Reference price ²	74.80	119.30	133.95	138.65	229.80	228.00	228.00	228.00
Nbr of stocks (in thousands)	212,957	211,730	208,476	205,380	205,373	205,477	-	-
Announcement Date	3/3/22	8/3/23	5/3/24	4/3/25	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	24.64x	1.99x	12.41x	1.87%	53.33B
CHINA SPACESAT CO.,LTD.	1376.35x	11.81x	192.21x	-	12.47B
PLANET LABS PBC	-53.83x	22.42x	1009.12x	-.--%	10.17B
HENSOLDT AG	50.74x	3.23x	17.69x	0.96%	9.37B
OHB SE	103.02x	5.12x	45.2x	0.19%	8.18B
SHANGHAI HUACE NAVIGATION TECHNOLOGY LTD	27.96x	4.6x	21.32x	1.75%	3.24B
SYNSPECTIVE INC.	51.34x	25.27x	-186.68x	-.--%	1.04B
SATREC INITIATIVE CO., LTD.	75.93x	3.88x	31.38x	0.17%	642M
CHENGDU M&S ELECTRONICS TECHNOLOGY CO.,LTD.	43.31x	-	-	-	676M
Average	188.83x	9.79x	142.83x	0.71%	11.01B
Weighted average by Cap.	196.39x	6.07x	139.68x	1.35%