Valuation Thales

Stocks

Market Closed - Euronext Paris 11:55:00 2026-09-01 am EDT			5-day change	1st Jan Change
238.60 ^EUR	-2.09%		-4.56%	+3.83%

Aug. 31	European stocks slip, London closed for holiday, Stoxx 600 index down 0.4%	FW
Aug. 31	Airbus Is Considering Selling Its U.S. Space Operations

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	49,023	-	-
Change	-	58.57%	10.55%	1.97%	65.74%	3.87%	-	-
Enterprise Value (EV) ¹	16,724	25,295	31,925	31,520	48,813	49,207	49,169	45,801
Change	-	51.25%	26.21%	-1.27%	54.86%	0.81%	-0.08%	-6.85%
P/E	14.6x	22.6x	27.3x	20.1x	28.2x	28.1x	21.2x	18.6x
PBR	2.46x	3.49x	4.05x	3.79x	5.93x	5.61x	4.89x	4.27x
PEG	-	6.81x	-3.8x	0.5x	1.5x	6.96x	0.6x	1.3x
Capitalization / Revenue	0.98x	1.44x	1.52x	1.38x	2.13x	2.06x	1.89x	1.74x
EV / Revenue	1.03x	1.44x	1.73x	1.53x	2.21x	2.06x	1.9x	1.63x
EV / EBITDA	7.12x	10.5x	12.4x	10.9x	12.8x	12.8x	11.5x	9.77x
EV / EBIT	10.1x	13.1x	15x	13x	17.8x	16.4x	14.4x	12.1x
EV / FCF	7.41x	10.2x	15.8x	15.6x	18.9x	20.8x	19.1x	15.8x
FCF Yield	13.5%	9.85%	6.35%	6.43%	5.28%	4.82%	5.22%	6.33%
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%	1.79%	2.07%	2.34%
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	238.60	238.60	238.60
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	28.74x	2.11x	13.03x	1.75%	58.15B
HENSOLDT AG	57.84x	3.79x	20.56x	0.81%	11.5B
CHINA SPACESAT CO.,LTD.	583.67x	9.91x	126.63x	-	10.62B
PLANET LABS PBC	-37.45x	15.33x	689.92x	-.--%	7.07B
OHB SE	68.83x	2.66x	24.86x	0.37%	4.86B
SHANGHAI HUACE NAVIGATION TECHNOLOGY LTD	26.27x	4.81x	21.69x	1.72%	3.36B
SYNSPECTIVE INC.	63.15x	30.31x	-169.62x	-.--%	1.26B
CHENGDU M&S ELECTRONICS TECHNOLOGY CO.,LTD.	38.49x	-	-	-	607M
SATREC INITIATIVE CO., LTD.	61.74x	3.12x	25.25x	0.21%	585M
Average	99.03x	9.01x	94.04x	0.7%	10.89B
Weighted average by Cap.	90.13x	4.61x	74.07x	1.37%