Valuation: Thales

Market Cap 4.86TCr 5.53TCr 4.52TCr 4.14TCr 7.79TCr 5,32600Cr 7.91TCr 54TCr 21TCr 2,61800Cr 21TCr 20TCr 9,05300Cr P/E 2026 *
27x
P/E 2027 * 21.3x
Enterprise Value 4.85TCr 5.52TCr 4.51TCr 4.14TCr 7.78TCr 5,31900Cr 7.9TCr 54TCr 21TCr 2,61500Cr 21TCr 20TCr 9,04200Cr EV / Sales 2026 *
2.04x
EV / Sales 2027 * 1.86x
Free-Float
43.58%
Yield 2026 *
1.78%
Yield 2027 * 2.07%
1 day-0.80%
1 week+5.96%
Current month+5.16%
1 month+4.93%
3 months+1.55%
6 months-8.55%
Current year+2.87%
1 week 222.2
Extreme 222.2
242.1
1 month 212.6
Extreme 212.6
248.5
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
Chief Tech/Sci/R&D Officer 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.
22/06/26 Buy

Chief Executive Officer

12,700 0.0062%
21/05/26 Buy

Director

350 0.0002%
26/07/25 Buy

Director

500 0.0002%
Change 5-day change 1-year change 3-year change Capi.($)
-0.80%+5.96%-0.76%+78.68% 5.53TCr
-5.39%-7.33%+104.31%+104.60% 1.01TCr
+0.86%+4.56%-17.69%+147.83% 1.05TCr
-8.45%-8.90%+199.27%+512.87% 729.56Cr
-0.62%-1.45%+234.03%+638.39% 563.89Cr
-1.83%+0.83%-25.33%+17.08% 313.22Cr
-3.68%-13.55%-47.14%-9.78% 112.9Cr
-5.75%+0.80%-11.44% - 91Cr
-7.63%+1.03%+72.02%+181.57% 59Cr
-5.11%-14.04%-42.85%-47.09% 54Cr
Average -3.84%-1.06%+46.44%+180.46% 951.26Cr
Weighted average by Cap. -1.86%+2.79%+36.53%+153.09%

Financials

2026 *2027 *
Net sales 2.37TCr 2.7TCr 2.21TCr 2.03TCr 3.81TCr 2,60200Cr 3.86TCr 26TCr 10TCr 1,27900Cr 10TCr 9.92TCr 4,42300Cr 2.58TCr 2.93TCr 2.39TCr 2.2TCr 4.13TCr 2,82400Cr 4.19TCr 28TCr 11TCr 1,38800Cr 11TCr 11TCr 4,80000Cr
Net income 169.21Cr 192.66Cr 157.37Cr 144.4Cr 271.32Cr 19TCr 275.51Cr 1.87TCr 730.07Cr 9.12TCr 723.25Cr 707.66Cr 32TCr 224.23Cr 255.3Cr 208.53Cr 191.36Cr 359.54Cr 25TCr 365.08Cr 2.48TCr 967.45Cr 12TCr 958.41Cr 937.76Cr 42TCr
Net Debt -5.8Cr -6.6Cr -5.39Cr -4.95Cr -9.3Cr -635.94Cr -9.44Cr -64Cr -25Cr -312.65Cr -25Cr -24Cr -1.08TCr -55Cr -63Cr -52Cr -47Cr -89Cr -6.08TCr -90Cr -612.13Cr -239.15Cr -2.99TCr -236.92Cr -231.81Cr -10TCr
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
24/26/24 €236.40 -0.80% 2,37,968
23/26/23 €238.30 +5.07% 4,33,685
22/26/22 €226.80 +0.76% 2,13,291
21/26/21 €225.10 +0.54% 1,96,966
20/26/20 €223.90 +0.36% 1,69,129
Trader
Investor
Global
Quality
ESG MSCI
BBB
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
18
Last Close Price
236.40EUR
Average target price
289.39EUR
Spread / Average Target
+22.41%

Quarterly revenue - Rate of surprise