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Valuation: Thales

Market Cap 4.75TCr 5.5TCr 4.36TCr 4.11TCr 7.72TCr 5,19200Cr 7.78TCr 52TCr 20TCr 2,54800Cr 21TCr 20TCr 8,81600Cr P/E 2026 *
25x
P/E 2027 * 20.8x
Enterprise Value 4.79TCr 5.55TCr 4.4TCr 4.14TCr 7.79TCr 5,23800Cr 7.85TCr 52TCr 20TCr 2,57100Cr 21TCr 20TCr 8,89300Cr EV / Sales 2026 *
2.02x
EV / Sales 2027 * 1.81x
Free-Float
43.58%
Yield 2026 *
1.85%
Yield 2027 * 2.12%
Manager TitleAgeSince
Chief Executive Officer 56 23/12/2014
Director of Finance/CFO 66 01/04/2012
Chief Operating Officer 58 01/10/2023
Director TitleAgeSince
Director/Board Member 72 16/02/2010
Director/Board Member 66 19/05/2009
Director/Board Member 66 16/02/2010
Change 5-day change 1-year change 3-year change Capi.($)
+87.77%0.00% - - 5.44TCr
+0.70%-5.08%+179.98%+167.90% 1.32TCr
+0.02%-7.71%+455.88%+800.00% 1.01TCr
+2.01%-7.42%-22.62%+141.72% 947Cr
-13.34%+1.06%+413.51%+1,135.77% 974.54Cr
-1.46%-3.91%-6.50%+39.53% 350.84Cr
-0.92%+0.74%-41.62%+4.76% 129.61Cr
-4.35%-11.76%-9.12% - 109.65Cr
+4.63%+2.49%+126.77%+248.56% 80Cr
-0.93%+1.44%-28.96%-39.70% 71Cr
Average +7.71%-0.10%+118.59%+312.32% 553.88Cr
Weighted average by Cap. +45.02%-1.19%+215.90%+471.34%

Financials

2026 *2027 *
Net sales 2.37TCr 2.75TCr 2.18TCr 2.05TCr 3.86TCr 2,59400Cr 3.89TCr 26TCr 10TCr 1,27300Cr 10TCr 10TCr 4,40500Cr 2.57TCr 2.98TCr 2.36TCr 2.22TCr 4.17TCr 2,80900Cr 4.21TCr 28TCr 11TCr 1,37800Cr 11TCr 11TCr 4,76800Cr
Net income 186.33Cr 215.98Cr 171.31Cr 161.24Cr 302.99Cr 20TCr 305.53Cr 2.03TCr 790.38Cr 10TCr 810.63Cr 793.31Cr 35TCr 222.37Cr 257.76Cr 204.44Cr 192.43Cr 361.59Cr 24TCr 364.63Cr 2.42TCr 943.25Cr 12TCr 967.43Cr 946.76Cr 41TCr
Net Debt 42Cr 48Cr 38Cr 36Cr 68Cr 4.56TCr 68Cr 454.4Cr 176.91Cr 2.24TCr 181.44Cr 177.57Cr 7.75TCr -107.1Cr -124.15Cr -98Cr -93Cr -174.16Cr -12TCr -175.62Cr -1.17TCr -454.3Cr -5.75TCr -465.95Cr -455.99Cr -20TCr
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 (55.3%): 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 (26.7%): avionics equipment (cockpit, cabin multimedia, and simulation equipment), space systems (satellites, payloads, etc.); - digital identification and security solutions (17.4%); - other (0.6%). 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 (27.7%), the United Kingdom (6.5%), Europe (28.1%), North America (12.4%), Asia (9.9%), Australia and New Zealand (4.1%) and other (11.3%).
Employees
-
Trader
Investor
Global
Quality
ESG MSCI
BBB
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
18
Last Close Price
228.10EUR
Average target price
294.72EUR
Spread / Average Target
+29.21%

Quarterly revenue - Rate of surprise

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