Valuation Thales

Stocks

Market Closed - Euronext Paris Other stock markets 09:25:00 19/06/2026 pm IST			5-day change	1st Jan Change
232.40 ^EUR	-0.09%		-0.98%	+1.13%

19/06	Thales teams up with Hanwha on long-range land strike
19/06	Thales wants to integrate its SpinFire mortars on Arquus vehicles.

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	47,753	-	-
Change	-	58.57%	10.55%	1.97%	65.74%	1.18%	-	-
Enterprise Value (EV) ¹	16,724	25,295	31,925	31,520	48,813	48,170	46,682	45,031
Change	-	51.25%	26.21%	-1.27%	54.86%	-1.32%	-3.09%	-3.54%
P/E	14.6x	22.6x	27.3x	20.1x	28.2x	25.1x	20.9x	18.4x
PBR	2.46x	3.49x	4.05x	3.79x	5.93x	5.38x	4.71x	4.12x
PEG	-	6.81x	-3.8x	0.5x	1.5x	1.9x	1x	1.3x
Capitalization / Revenue	0.98x	1.44x	1.52x	1.38x	2.13x	2.01x	1.86x	1.71x
EV / Revenue	1.03x	1.44x	1.73x	1.53x	2.21x	2.03x	1.82x	1.61x
EV / EBITDA	7.12x	10.5x	12.4x	10.9x	12.8x	12.6x	11.1x	9.63x
EV / EBIT	10.1x	13.1x	15x	13x	17.8x	16.1x	13.9x	12.1x
EV / FCF	7.41x	10.2x	15.8x	15.6x	18.9x	21.1x	18.5x	15.9x
FCF Yield	13.5%	9.85%	6.35%	6.43%	5.28%	4.74%	5.41%	6.27%
Dividend per Share ²	2.56	2.94	3.4	3.7	3.9	4.272	4.898	5.499
Rate of return	3.42%	2.46%	2.54%	2.67%	1.7%	1.84%	2.11%	2.37%
EPS ²	5.12	5.29	4.91	6.89	8.15	9.252	11.11	12.66
Distribution rate	50%	55.6%	69.2%	53.7%	47.9%	46.2%	44.1%	43.4%
Net sales ¹	16,192	17,569	18,428	20,577	22,136	23,716	25,674	27,885
EBITDA ¹	2,348	2,405	2,582	2,898	3,827	3,808	4,206	4,677
EBIT ¹	1,649	1,935	2,132	2,419	2,740	2,998	3,347	3,723
Net income ¹	1,089	1,121	1,023	1,420	1,675	1,863	2,224	2,536
Net Debt ¹	795	35.2	4,000	3,044	1,618	417.1	-1,071	-2,721
Reference price ²	74.80	119.30	133.95	138.65	229.80	232.40	232.40	232.40
Nbr of stocks (in thousands)	2,12,957	2,11,730	2,08,476	2,05,380	2,05,373	2,05,477	-	-
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 (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
THALES	25.12x	2.03x	12.65x	1.84%	5.48TCr
CHINA SPACESAT CO.,LTD.	1471.54x	12.62x	205.27x	-	1.34TCr
PLANET LABS PBC	-53.26x	22.18x	998.09x	-.--%	1.01TCr
HENSOLDT AG	51.56x	3.28x	17.96x	0.95%	959.87Cr
OHB SE	111.4x	5.53x	48.87x	0.17%	890.76Cr
SHANGHAI HUACE NAVIGATION TECHNOLOGY LTD	29.28x	4.83x	22.37x	1.67%	340.39Cr
SYNSPECTIVE INC.	51.1x	25.15x	-185.78x	-.--%	103.78Cr
SATREC INITIATIVE CO., LTD.	90.46x	4.66x	37.66x	0.14%	77Cr
CHENGDU M&S ELECTRONICS TECHNOLOGY CO.,LTD.	45.9x	-	-	-	72Cr
Average	202.57x	10.03x	144.64x	0.68%	1.14TCr
Weighted average by Cap.	216.83x	6.18x	137.36x	1.32%