Valuation Thales

Stocks

Market Closed - Euronext Paris 09:25:00 09/10/2026 pm IST			5-day change	1st Jan Change
218.30 ^EUR	+1.21%		-1.98%	-5.00%

09/10	Thales Announces Management Changes for Thales Singapore	CI
09/10	Berlin rejects claim it dropped Franco-German tank project	RE

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	44,852	-	-
Change	-	58.57%	10.55%	1.97%	65.74%	-4.96%	-	-
Enterprise Value (EV) ¹	16,724	25,295	31,925	31,520	48,813	45,129	45,198	41,366
Change	-	51.25%	26.21%	-1.27%	54.86%	-7.55%	0.15%	-8.48%
P/E	14.6x	22.6x	27.3x	20.1x	28.2x	26x	19.2x	16.8x
PBR	2.46x	3.49x	4.05x	3.79x	5.93x	5.13x	4.52x	3.95x
PEG	-	6.81x	-3.8x	0.5x	1.5x	8.83x	0.5x	1.2x
Capitalization / Revenue	0.98x	1.44x	1.52x	1.38x	2.13x	1.88x	1.73x	1.59x
EV / Revenue	1.03x	1.44x	1.73x	1.53x	2.21x	1.89x	1.74x	1.47x
EV / EBITDA	7.12x	10.5x	12.4x	10.9x	12.8x	11.8x	10.5x	8.77x
EV / EBIT	10.1x	13.1x	15x	13x	17.8x	15x	13.2x	10.9x
EV / FCF	7.41x	10.2x	15.8x	15.6x	18.9x	18.7x	17.4x	13.8x
FCF Yield	13.5%	9.85%	6.35%	6.43%	5.28%	5.35%	5.74%	7.27%
Dividend per Share ²	2.56	2.94	3.4	3.7	3.9	4.269	4.908	5.565
Rate of return	3.42%	2.46%	2.54%	2.67%	1.7%	1.96%	2.25%	2.55%
EPS ²	5.12	5.29	4.91	6.89	8.15	8.39	11.36	13.01
Distribution rate	50%	55.6%	69.2%	53.7%	47.9%	50.9%	43.2%	42.8%
Net sales ¹	16,192	17,569	18,428	20,577	22,136	23,817	25,948	28,220
EBITDA ¹	2,348	2,405	2,582	2,898	3,827	3,834	4,292	4,719
EBIT ¹	1,649	1,935	2,132	2,419	2,740	3,002	3,419	3,809
Net income ¹	1,089	1,121	1,023	1,420	1,675	1,672	2,230	2,567
Net Debt ¹	795	35.2	4,000	3,044	1,618	276.5	346.2	-3,486
Reference price ²	74.80	119.30	133.95	138.65	229.80	218.30	218.30	218.30
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	26.02x	1.89x	11.77x	1.96%	5.02TCr
GE AEROSPACE	35.42x	6.52x	27.34x	0.58%	32TCr
RTX CORPORATION	30.81x	2.89x	17.13x	1.54%	25TCr
AIRBUS SE	25.31x	1.68x	12.48x	1.82%	17TCr
ROLLS-ROYCE HOLDINGS PLC	32.33x	4.74x	19.79x	1.06%	15TCr
BOEING	-591.34x	1.77x	40.21x	-.--%	15TCr
SAFRAN	31.68x	3.47x	15.72x	1.3%	15TCr
LOCKHEED MARTIN CORPORATION	16.74x	1.63x	11.63x	2.75%	12TCr
HOWMET AEROSPACE INC.	40.91x	9.23x	28.62x	0.23%	8.98TCr
GENERAL DYNAMICS CORPORATION	19.49x	1.65x	13.53x	1.9%	8.95TCr
Average	-33.26x	3.55x	19.82x	1.31%	15.33TCr
Weighted average by Cap.	-30.95x	3.81x	21.01x	1.2%