Valuation Thales

Stocks

Market Closed - Euronext Paris Other stock markets 09:25:00 07/08/2026 pm IST			5-day change	1st Jan Change
264.80 ^EUR	+0.08%		+7.69%	+15.23%

07/08	Negotiations Advance on Sale of 114 Rafale Jets to India
07/08	Negotiations move forward on the sale of 114 Rafales to India

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	54,406	-	-
Change	-	58.57%	10.55%	1.97%	65.74%	15.28%	-	-
Enterprise Value (EV) ¹	16,724	25,295	31,925	31,520	48,813	54,602	54,225	51,222
Change	-	51.25%	26.21%	-1.27%	54.86%	11.86%	-0.69%	-5.54%
P/E	14.6x	22.6x	27.3x	20.1x	28.2x	31.6x	23.5x	20.6x
PBR	2.46x	3.49x	4.05x	3.79x	5.93x	6.26x	5.45x	4.74x
PEG	-	6.81x	-3.8x	0.5x	1.5x	11.06x	0.7x	1.5x
Capitalization / Revenue	0.98x	1.44x	1.52x	1.38x	2.13x	2.29x	2.1x	1.94x
EV / Revenue	1.03x	1.44x	1.73x	1.53x	2.21x	2.29x	2.1x	1.82x
EV / EBITDA	7.12x	10.5x	12.4x	10.9x	12.8x	14.2x	12.7x	11x
EV / EBIT	10.1x	13.1x	15x	13x	17.8x	18.2x	15.9x	13.6x
EV / FCF	7.41x	10.2x	15.8x	15.6x	18.9x	22.9x	21.1x	17.7x
FCF Yield	13.5%	9.85%	6.35%	6.43%	5.28%	4.37%	4.74%	5.66%
Dividend per Share ²	2.56	2.94	3.4	3.7	3.9	4.299	4.96	5.57
Rate of return	3.42%	2.46%	2.54%	2.67%	1.7%	1.62%	1.87%	2.1%
EPS ²	5.12	5.29	4.91	6.89	8.15	8.383	11.27	12.84
Distribution rate	50%	55.6%	69.2%	53.7%	47.9%	51.3%	44%	43.4%
Net sales ¹	16,192	17,569	18,428	20,577	22,136	23,802	25,859	28,082
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	2,997	3,400	3,779
Net income ¹	1,089	1,121	1,023	1,420	1,675	1,675	2,212	2,514
Net Debt ¹	795	35.2	4,000	3,044	1,618	195.9	-181.5	-3,184
Reference price ²	74.80	119.30	133.95	138.65	229.80	264.80	264.80	264.80
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 (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
THALES	31.59x	2.29x	14.17x	1.62%	6.29TCr
HENSOLDT AG	60.96x	3.99x	21.81x	0.77%	1.21TCr
CHINA SPACESAT CO.,LTD.	1320.77x	11.34x	184.58x	-	1.2TCr
PLANET LABS PBC	-45.15x	18.66x	839.96x	-.--%	852.87Cr
OHB SE	75.25x	3.01x	28.84x	0.31%	548.56Cr
SHANGHAI HUACE NAVIGATION TECHNOLOGY LTD	26.32x	4.95x	21.48x	1.74%	331.3Cr
SYNSPECTIVE INC.	56.07x	26.86x	-197.97x	-.--%	113.15Cr
CHENGDU M&S ELECTRONICS TECHNOLOGY CO.,LTD.	40.13x	-	-	-	63Cr
SATREC INITIATIVE CO., LTD.	63.18x	3.2x	25.87x	0.2%	58Cr
Average	181.01x	9.29x	117.34x	0.66%	1.19TCr
Weighted average by Cap.	176.79x	5.22x	99.59x	1.27%