Valuation Thales Deutsche Boerse AG

Stocks

Real-time Estimate Tradegate Other stock markets 19:02:05 30/07/2026 +03			5-day change	1st Jan Change
246.30 ^EUR	-0.65%		+0.74%	+7.21%

03:31pm	Airbus delivers to France a first NH90 dedicated to special forces
12:05pm	Civil Aviation Authority of Singapore Selects Thales for Next-Generation AI-Powered Air Traffic Management System Serving One of Asia?s Busiest Airspaces	CI

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	50,420	-	-
Change	-	58.57%	10.55%	1.97%	65.74%	6.83%	-	-
Enterprise Value (EV) ¹	16,724	25,295	31,925	31,520	48,813	50,616	50,239	47,236
Change	-	51.25%	26.21%	-1.27%	54.86%	3.69%	-0.75%	-5.98%
P/E	14.6x	22.6x	27.3x	20.1x	28.2x	28.9x	21.9x	19.2x
PBR	2.46x	3.49x	4.05x	3.79x	5.93x	5.8x	5.04x	4.39x
PEG	-	6.81x	-3.8x	0.5x	1.5x	6.99x	0.7x	1.4x
Capitalization / Revenue	0.98x	1.44x	1.52x	1.38x	2.13x	2.12x	1.95x	1.8x
EV / Revenue	1.03x	1.44x	1.73x	1.53x	2.21x	2.13x	1.95x	1.69x
EV / EBITDA	7.12x	10.5x	12.4x	10.9x	12.8x	13.2x	11.8x	10.1x
EV / EBIT	10.1x	13.1x	15x	13x	17.8x	16.8x	14.8x	12.6x
EV / FCF	7.41x	10.2x	15.8x	15.6x	18.9x	21.2x	19.5x	16.3x
FCF Yield	13.5%	9.85%	6.35%	6.43%	5.28%	4.71%	5.12%	6.14%
Dividend per Share ²	2.56	2.94	3.4	3.7	3.9	4.289	4.939	5.552
Rate of return	3.42%	2.46%	2.54%	2.67%	1.7%	1.75%	2.01%	2.26%
EPS ²	5.12	5.29	4.91	6.89	8.15	8.487	11.19	12.75
Distribution rate	50%	55.6%	69.2%	53.7%	47.9%	50.5%	44.1%	43.5%
Net sales ¹	16,192	17,569	18,428	20,577	22,136	23,780	25,818	27,974
EBITDA ¹	2,348	2,405	2,582	2,898	3,827	3,847	4,260	4,690
EBIT ¹	1,649	1,935	2,132	2,419	2,740	3,018	3,387	3,754
Net income ¹	1,089	1,121	1,023	1,420	1,675	1,675	2,250	2,563
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	245.40	245.40	245.40
Nbr of stocks (in thousands)	212,957	211,730	208,476	205,380	205,373	205,461	-	-
Announcement Date	3/3/22 A	3/8/23 A	3/5/24 A	3/4/25 A	3/3/26 A	-	-	-

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.($)
HENSOLDT AG	57.95x	3.78x	20.33x	0.81%	11.12B
CHINA SPACESAT CO.,LTD.	1109.42x	9.56x	155.57x	-	10.07B
PLANET LABS PBC	-36.74x	15.02x	675.94x	-.--%	6.94B
OHB SE	72.5x	3.11x	27.45x	0.3%	5.48B
SHANGHAI HUACE NAVIGATION TECHNOLOGY LTD	26.73x	5.03x	21.83x	1.71%	3.35B
SYNSPECTIVE INC.	42.23x	20.11x	-148.23x	-.--%	820M
CHENGDU M&S ELECTRONICS TECHNOLOGY CO.,LTD.	35.21x	-	-	-	551M
SATREC INITIATIVE CO., LTD.	51.77x	2.59x	20.94x	0.24%	463M
Average	169.89x	8.46x	110.55x	0.51%	4.85B
Weighted average by Cap.	312.62x	7.69x	172.41x	0.59%