Valuation Thales Börse Stuttgart

Stocks

Real-time Estimate Tradegate Other stock markets 10:08:52 13/07/2026 +03			5-day change	1st Jan Change
222.60 ^EUR	-0.89%		-4.99%	-0.53%

07-10	Trump's promise on Patriots will take time, leaving Ukraine facing tough choices	RE
07-10	Berenberg cuts its target on Thales, shares fall

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	45,883	-	-
Change	-	58.57%	10.55%	1.97%	65.74%	-2.78%	-	-
Enterprise Value (EV) ¹	16,724	25,295	31,925	31,520	48,813	46,292	44,682	42,935
Change	-	51.25%	26.21%	-1.27%	54.86%	-5.17%	-3.48%	-3.91%
P/E	14.6x	22.6x	27.3x	20.1x	28.2x	25.5x	20.2x	17.6x
PBR	2.46x	3.49x	4.05x	3.79x	5.93x	5.17x	4.54x	3.97x
PEG	-	6.81x	-3.8x	0.5x	1.5x	3.39x	0.8x	1.2x
Capitalization / Revenue	0.98x	1.44x	1.52x	1.38x	2.13x	1.94x	1.79x	1.64x
EV / Revenue	1.03x	1.44x	1.73x	1.53x	2.21x	1.95x	1.74x	1.54x
EV / EBITDA	7.12x	10.5x	12.4x	10.9x	12.8x	12.2x	10.6x	9.15x
EV / EBIT	10.1x	13.1x	15x	13x	17.8x	15.5x	13.4x	11.5x
EV / FCF	7.41x	10.2x	15.8x	15.6x	18.9x	20.8x	17.5x	14.9x
FCF Yield	13.5%	9.85%	6.35%	6.43%	5.28%	4.82%	5.71%	6.7%
Dividend per Share ²	2.56	2.94	3.4	3.7	3.9	4.234	4.869	5.491
Rate of return	3.42%	2.46%	2.54%	2.67%	1.7%	1.9%	2.18%	2.46%
EPS ²	5.12	5.29	4.91	6.89	8.15	8.763	11.05	12.67
Distribution rate	50%	55.6%	69.2%	53.7%	47.9%	48.3%	44.1%	43.4%
Net sales ¹	16,192	17,569	18,428	20,577	22,136	23,694	25,632	27,892
EBITDA ¹	2,348	2,405	2,582	2,898	3,827	3,805	4,203	4,694
EBIT ¹	1,649	1,935	2,132	2,419	2,740	2,996	3,345	3,738
Net income ¹	1,089	1,121	1,023	1,420	1,675	1,760	2,216	2,529
Net Debt ¹	795	35.2	4,000	3,044	1,618	408.4	-1,201	-2,948
Reference price ²	74.80	119.30	133.95	138.65	229.80	223.30	223.30	223.30
Nbr of stocks (in thousands)	212,957	211,730	208,476	205,380	205,373	205,477	-	-
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.($)
CHINA SPACESAT CO.,LTD.	1731.15x	14.81x	240.91x	-	15.7B
HENSOLDT AG	50.89x	3.35x	18.02x	0.93%	9.81B
PLANET LABS PBC	-49.15x	20.4x	917.92x	-.--%	9.28B
OHB SE	84.22x	3.35x	29.61x	0.26%	5.9B
SHANGHAI HUACE NAVIGATION TECHNOLOGY LTD	27.01x	4.8x	22.24x	1.7%	3.38B
SYNSPECTIVE INC.	48.89x	24.04x	-177.59x	-.--%	991M
CHENGDU M&S ELECTRONICS TECHNOLOGY CO.,LTD.	53.1x	-	-	-	830M
SATREC INITIATIVE CO., LTD.	74.41x	3.8x	30.73x	0.17%	643M
Average	252.56x	10.65x	154.55x	0.51%	5.82B
Weighted average by Cap.	600.55x	11.31x	275.10x	0.55%