Valuation Thales London S.E.

Stocks

Market Closed - London S.E. Other stock markets 09:00:00 11/08/2026 pm IST			Pre-market 10:36:00 am
268.15 ^EUR	+0.04%		267.80	-0.13%

11/08	RBC Kicks Off Thales Coverage at Outperform Amid 'Strong' Operational Track Record	MT
11/08	A bit of red

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	55,022	-	-
Change	-	58.57%	10.55%	1.97%	65.74%	16.59%	-	-
Enterprise Value (EV) ¹	16,724	25,295	31,925	31,520	48,813	55,218	55,185	51,838
Change	-	51.25%	26.21%	-1.27%	54.86%	13.12%	-0.06%	-6.07%
P/E	14.6x	22.6x	27.3x	20.1x	28.2x	31.6x	23.8x	20.7x
PBR	2.46x	3.49x	4.05x	3.79x	5.93x	6.3x	5.49x	4.77x
PEG	-	6.81x	-3.8x	0.5x	1.5x	7.83x	0.7x	1.4x
Capitalization / Revenue	0.98x	1.44x	1.52x	1.38x	2.13x	2.31x	2.12x	1.95x
EV / Revenue	1.03x	1.44x	1.73x	1.53x	2.21x	2.32x	2.13x	1.84x
EV / EBITDA	7.12x	10.5x	12.4x	10.9x	12.8x	14.3x	12.9x	11.1x
EV / EBIT	10.1x	13.1x	15x	13x	17.8x	18.4x	16.2x	13.6x
EV / FCF	7.41x	10.2x	15.8x	15.6x	18.9x	23.3x	21.5x	17.8x
FCF Yield	13.5%	9.85%	6.35%	6.43%	5.28%	4.29%	4.65%	5.62%
Dividend per Share ²	2.56	2.94	3.4	3.7	3.9	4.259	4.93	5.564
Rate of return	3.42%	2.46%	2.54%	2.67%	1.7%	1.59%	1.84%	2.08%
EPS ²	5.12	5.29	4.91	6.89	8.15	8.479	11.25	12.92
Distribution rate	50%	55.6%	69.2%	53.7%	47.9%	50.2%	43.8%	43.1%
Net sales ¹	16,192	17,569	18,428	20,577	22,136	23,816	25,898	28,222
EBITDA ¹	2,348	2,405	2,582	2,898	3,827	3,852	4,273	4,678
EBIT ¹	1,649	1,935	2,132	2,419	2,740	3,002	3,411	3,809
Net income ¹	1,089	1,121	1,023	1,420	1,675	1,713	2,220	2,560
Net Debt ¹	795	35.2	4,000	3,044	1,618	195.9	162.9	-3,184
Reference price ²	74.80	119.30	133.95	138.65	229.80	267.80	267.80	267.80
Nbr of stocks (in thousands)	2,12,957	2,11,730	2,08,476	2,05,380	2,05,373	2,05,461	-	-
Announcement Date	03/03/22	08/03/23	05/03/24	04/03/25	03/03/26	-	-	-

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 (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
THALES	31.9x	2.32x	14.31x	1.61%	6.35TCr
HENSOLDT AG	62.34x	4.06x	22x	0.76%	1.21TCr
CHINA SPACESAT CO.,LTD.	1329.42x	11.42x	185.77x	-	1.11TCr
PLANET LABS PBC	-43.58x	17.99x	809.44x	-.--%	844.67Cr
OHB SE	80.83x	3.09x	28.49x	0.31%	588.28Cr
SHANGHAI HUACE NAVIGATION TECHNOLOGY LTD	26.64x	5.02x	21.76x	1.72%	331.26Cr
SYNSPECTIVE INC.	57.53x	27.57x	-203.19x	-.--%	114.93Cr
CHENGDU M&S ELECTRONICS TECHNOLOGY CO.,LTD.	40.52x	-	-	-	62Cr
Average	198.20x	10.21x	125.51x	0.73%	1.33TCr
Weighted average by Cap.	168.38x	5.13x	95.62x	1.26%