Valuation Thales

Stocks

Market Closed - Euronext Paris 11:55:00 2026-09-02 am EDT			5-day change	1st Jan Change
237.10 ^EUR	-0.63%		-5.16%	+3.18%

Sep. 02	Europe may accelerate space launches to meet satellite demand	RE
Aug. 31	European stocks slip, London closed for holiday, Stoxx 600 index down 0.4%	FW

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	48,715	-	-
Change	-	58.57%	10.55%	1.97%	65.74%	3.22%	-	-
Enterprise Value (EV) ¹	16,724	25,295	31,925	31,520	48,813	48,898	48,861	45,492
Change	-	51.25%	26.21%	-1.27%	54.86%	0.18%	-0.08%	-6.89%
P/E	14.6x	22.6x	27.3x	20.1x	28.2x	28x	21.1x	18.5x
PBR	2.46x	3.49x	4.05x	3.79x	5.93x	5.58x	4.86x	4.24x
PEG	-	6.81x	-3.8x	0.5x	1.5x	6.94x	0.6x	1.3x
Capitalization / Revenue	0.98x	1.44x	1.52x	1.38x	2.13x	2.04x	1.88x	1.73x
EV / Revenue	1.03x	1.44x	1.73x	1.53x	2.21x	2.05x	1.89x	1.62x
EV / EBITDA	7.12x	10.5x	12.4x	10.9x	12.8x	12.7x	11.4x	9.7x
EV / EBIT	10.1x	13.1x	15x	13x	17.8x	16.3x	14.3x	12x
EV / FCF	7.41x	10.2x	15.8x	15.6x	18.9x	20.6x	19x	15.7x
FCF Yield	13.5%	9.85%	6.35%	6.43%	5.28%	4.85%	5.26%	6.38%
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%	1.8%	2.08%	2.35%
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	237.10	237.10	237.10
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	28.14x	2.06x	12.76x	1.79%	56.83B
HENSOLDT AG	55.81x	3.67x	19.89x	0.84%	11.07B
CHINA SPACESAT CO.,LTD.	574.11x	9.75x	124.6x	-	10.45B
PLANET LABS PBC	-36.34x	14.85x	668.22x	-.--%	6.86B
OHB SE	62.85x	2.4x	22.45x	0.41%	4.43B
SHANGHAI HUACE NAVIGATION TECHNOLOGY LTD	26.22x	4.8x	21.64x	1.73%	3.35B
SYNSPECTIVE INC.	67.66x	30.76x	-171.34x	-.--%	1.27B
CHENGDU M&S ELECTRONICS TECHNOLOGY CO.,LTD.	38.28x	-	-	-	604M
SATREC INITIATIVE CO., LTD.	60.3x	3.05x	24.63x	0.21%	570M
Average	97.45x	8.92x	90.36x	0.71%	10.6B
Weighted average by Cap.	88.84x	4.53x	71.73x	1.41%