Valuation: Thales

Market Cap 4.64TCr 5.28TCr 4.39TCr 3.98TCr 7.48TCr 5,06800Cr 7.52TCr 53TCr 20TCr 2,58600Cr 20TCr 19TCr 8,31000Cr P/E 2026 *
26.7x
P/E 2027 * 19.9x
Enterprise Value 4.67TCr 5.31TCr 4.41TCr 4TCr 7.52TCr 5,09500Cr 7.56TCr 53TCr 20TCr 2,60000Cr 20TCr 19TCr 8,35400Cr EV / Sales 2026 *
1.96x
EV / Sales 2027 * 1.8x
Free-Float
43.58%
Yield 2026 *
1.89%
Yield 2027 * 2.17%
Manager TitleAgeSince
Chief Executive Officer 56 23/12/2014
Director of Finance/CFO 52 01/07/2026
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.($)
+87.16%0.00% - - 5.37TCr
-1.48%-5.12%-12.84%+69.67% 5.37TCr
-3.11%-5.86%+62.36%+123.28% 1.02TCr
-0.45%-3.33%-26.75%+177.85% 998.5Cr
-3.79%-1.76%+31.12%+547.49% 634.19Cr
+4.80%+7.20%+121.23%+339.86% 423.6Cr
-1.03%-1.51%-27.24%+25.65% 310.83Cr
-2.17%-7.87%+59.82% - 125.46Cr
-2.72%-1.10%-40.70%-8.28% 116.13Cr
-4.07%+0.21%-31.44%-40.09% 64Cr
Average +7.27%-1.80%+15.06%+154.43% 1.01TCr
Weighted average by Cap. +31.52%-2.73%+3.45%+131.25%

Financials

2026 *2027 *
Net sales 2.38TCr 2.71TCr 2.25TCr 2.04TCr 3.84TCr 2,60100Cr 3.86TCr 27TCr 10TCr 1,32700Cr 10TCr 9.95TCr 4,26500Cr 2.59TCr 2.95TCr 2.45TCr 2.23TCr 4.18TCr 2,83200Cr 4.2TCr 29TCr 11TCr 1,44500Cr 11TCr 11TCr 4,64300Cr
Net income 167.27Cr 190.18Cr 158.17Cr 143.46Cr 269.43Cr 18TCr 270.99Cr 1.89TCr 731.41Cr 9.32TCr 714.03Cr 698.56Cr 30TCr 223.09Cr 253.66Cr 210.96Cr 191.34Cr 359.35Cr 24TCr 361.44Cr 2.53TCr 975.52Cr 12TCr 952.33Cr 931.71Cr 40TCr
Net Debt 25Cr 28Cr 23Cr 21Cr 40Cr 2.68TCr 40Cr 277.96Cr 107.35Cr 1.37TCr 104.8Cr 102.53Cr 4.39TCr 34Cr 39Cr 32Cr 29Cr 55Cr 3.72TCr 55Cr 385.42Cr 148.85Cr 1.9TCr 145.31Cr 142.17Cr 6.09TCr
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
19
Last Close Price
229.40EUR
Average target price
293.32EUR
Spread / Average Target
+27.86%

Quarterly revenue - Rate of surprise