Valuation Thales Deutsche Boerse AG

Stocks

Real-time Estimate Tradegate 08:41:23 2026-08-24 am EDT			5-day change	1st Jan Change
251.45 ^EUR	-0.77%		-5.71%	+11.13%

Aug. 22	France agrees to accelerate air defence deliveries to Ukraine, Zelenskiy says	RE
Aug. 21	Thales Issues Eur 1 Billion Bond	CI

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	52,002	-	-
Change	-	58.57%	10.55%	1.97%	65.74%	10.19%	-	-
Enterprise Value (EV) ¹	16,724	25,295	31,925	31,520	48,813	52,186	52,148	48,780
Change	-	51.25%	26.21%	-1.27%	54.86%	6.91%	-0.07%	-6.46%
P/E	14.6x	22.6x	27.3x	20.1x	28.2x	29.9x	22.5x	19.7x
PBR	2.46x	3.49x	4.05x	3.79x	5.93x	5.95x	5.19x	4.53x
PEG	-	6.81x	-3.8x	0.5x	1.5x	7.41x	0.7x	1.4x
Capitalization / Revenue	0.98x	1.44x	1.52x	1.38x	2.13x	2.18x	2.01x	1.85x
EV / Revenue	1.03x	1.44x	1.73x	1.53x	2.21x	2.19x	2.01x	1.73x
EV / EBITDA	7.12x	10.5x	12.4x	10.9x	12.8x	13.5x	12.2x	10.4x
EV / EBIT	10.1x	13.1x	15x	13x	17.8x	17.4x	15.3x	12.9x
EV / FCF	7.41x	10.2x	15.8x	15.6x	18.9x	22x	20.3x	16.8x
FCF Yield	13.5%	9.85%	6.35%	6.43%	5.28%	4.54%	4.93%	5.95%
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%	1.68%	1.95%	2.2%
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	253.10	253.10	253.10
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	29.85x	2.19x	13.53x	1.68%	60.71B
HENSOLDT AG	60.27x	3.94x	21.37x	0.78%	12.04B
CHINA SPACESAT CO.,LTD.	600x	10.18x	130.09x	-	10.92B
PLANET LABS PBC	-42.06x	17.32x	779.65x	-.--%	7.94B
OHB SE	75.47x	2.93x	27.15x	0.36%	5.33B
SHANGHAI HUACE NAVIGATION TECHNOLOGY LTD	25.36x	4.76x	20.66x	1.81%	3.2B
SYNSPECTIVE INC.	56.54x	26.85x	-150.26x	-.--%	1.12B
CHENGDU M&S ELECTRONICS TECHNOLOGY CO.,LTD.	37.51x	-	-	-	592M
Average	105.37x	9.74x	120.31x	0.77%	12.73B
Weighted average by Cap.	91.56x	4.84x	86.26x	1.32%