Valuation: Thales

Market Cap 4.66TCr 5.28TCr 4.4TCr 3.99TCr 7.49TCr 5,06900Cr 7.55TCr 53TCr 20TCr 2,58700Cr 20TCr 19TCr 8,30400Cr P/E 2026 *
27x
P/E 2027 * 19.9x
Enterprise Value 4.68TCr 5.31TCr 4.43TCr 4.01TCr 7.53TCr 5,09600Cr 7.59TCr 53TCr 20TCr 2,60100Cr 20TCr 19TCr 8,34800Cr EV / Sales 2026 *
1.96x
EV / Sales 2027 * 1.81x
Free-Float
43.58%
Yield 2026 *
1.89%
Yield 2027 * 2.17%
1 day+0.27%
1 week-4.27%
Current month-7.02%
1 month-7.40%
3 months+4.67%
6 months-4.75%
Current year-1.39%
1 week 224.1
Extreme 224.1
240.2
1 month 223.05
Extreme 223.05
245.5
Current year 212.6
Extreme 212.6
274.2
1 year 212.6
Extreme 212.6
279.3
3 years 126.65
Extreme 126.65
279.3
5 years 70.54
Extreme 70.54
279.3
10 years 52.5
Extreme 52.5
279.3
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
Date Insider Type Main position Quantity % Market Cap. Importance
21/05/26 Buy

Director

350 0.0002%
26/07/25 Buy

Director

500 0.0002%
01/04/25 Sell 1,000 0.0005%
Change 5-day change 1-year change 3-year change Capi.($)
+0.27%-4.27%-12.61%+69.61% 5.28TCr
-1.50%-6.31%+59.92%+117.77% 988.24Cr
-0.05%-3.60%-26.79%+176.08% 991.76Cr
-2.33%-4.04%+34.26%+532.43% 610.17Cr
-4.58%+0.79%+111.08%+320.68% 442.94Cr
+0.92%-1.57%-26.57%+25.21% 307.59Cr
-3.68%-11.26%+53.94% - 122.71Cr
-0.22%-3.09%-40.83%-8.62% 112.95Cr
+2.63%+0.58%-29.64%-39.92% 61Cr
-1.38%+5.20%+12.88%+158.69% 64Cr
Average -0.99%-2.68%+13.56%+150.22% 898.18Cr
Weighted average by Cap. -0.41%-4.34%+3.23%+128.68%

Financials

2026 *2027 *
Net sales 2.38TCr 2.7TCr 2.25TCr 2.04TCr 3.83TCr 2,59500Cr 3.87TCr 27TCr 10TCr 1,32400Cr 10TCr 9.93TCr 4,25100Cr 2.6TCr 2.94TCr 2.45TCr 2.23TCr 4.18TCr 2,82700Cr 4.21TCr 29TCr 11TCr 1,44300Cr 11TCr 11TCr 4,63100Cr
Net income 167.27Cr 189.7Cr 158.16Cr 143.41Cr 269.13Cr 18TCr 271.28Cr 1.9TCr 730.74Cr 9.3TCr 712.22Cr 696.68Cr 30TCr 223.09Cr 253.02Cr 210.94Cr 191.27Cr 358.95Cr 24TCr 361.82Cr 2.53TCr 974.62Cr 12TCr 949.92Cr 929.2Cr 40TCr
Net Debt 25Cr 28Cr 23Cr 21Cr 40Cr 2.67TCr 40Cr 278.15Cr 107.25Cr 1.36TCr 104.54Cr 102.26Cr 4.38TCr 34Cr 39Cr 32Cr 29Cr 55Cr 3.71TCr 55Cr 385.67Cr 148.72Cr 1.89TCr 144.95Cr 141.78Cr 6.07TCr
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
82,111
Date Price Change Volume
29/26/29 €226.60 +0.27% 1,84,687
28/26/28 €226.00 -1.48% 2,18,049
25/26/25 €229.40 -1.21% 1,82,001
24/26/24 €232.20 -2.72% 2,30,046
23/26/23 €238.70 +1.10% 1,98,725
Trader
Investor
Global
Quality
ESG MSCI
BBB
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
19
Last Close Price
226.60EUR
Average target price
291.21EUR
Spread / Average Target
+28.51%

Quarterly revenue - Rate of surprise