|
Market Closed -
Deutsche Boerse AG
18:37:27 18/09/2026 +04
|
5-day change | 1st Jan Change | ||
| 238.20 EUR | -1.69% |
|
+4.93% | +4.75% |
| 09-18 | Thales: Multiple growth engines | ![]() |
| 09-17 | Thales CEO Calls for International AI Development Rules | MT |
Company Valuation: Thales
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 | 48,941 | - | - |
| Change | - | 58.57% | 10.55% | 1.97% | 65.74% | 3.7% | - | - |
| Enterprise Value (EV) 1 | 16,724 | 25,295 | 31,925 | 31,520 | 48,813 | 49,124 | 48,898 | 45,633 |
| Change | - | 51.25% | 26.21% | -1.27% | 54.86% | 0.64% | -0.46% | -6.68% |
| P/E | 14.6x | 22.6x | 27.3x | 20.1x | 28.2x | 28.1x | 21.3x | 18.7x |
| PBR | 2.46x | 3.49x | 4.05x | 3.79x | 5.93x | 5.6x | 4.89x | 4.26x |
| PEG | - | 6.81x | -3.8x | 0.5x | 1.5x | 6.96x | 0.7x | 1.3x |
| Capitalization / Revenue | 0.98x | 1.44x | 1.52x | 1.38x | 2.13x | 2.05x | 1.89x | 1.74x |
| EV / Revenue | 1.03x | 1.44x | 1.73x | 1.53x | 2.21x | 2.06x | 1.89x | 1.62x |
| EV / EBITDA | 7.12x | 10.5x | 12.4x | 10.9x | 12.8x | 12.7x | 11.4x | 9.73x |
| EV / EBIT | 10.1x | 13.1x | 15x | 13x | 17.8x | 16.3x | 14.3x | 12x |
| EV / FCF | 7.41x | 10.2x | 15.8x | 15.6x | 18.9x | 20.7x | 19x | 15.7x |
| FCF Yield | 13.5% | 9.85% | 6.35% | 6.43% | 5.28% | 4.83% | 5.25% | 6.36% |
| Dividend per Share 2 | 2.56 | 2.94 | 3.4 | 3.7 | 3.9 | 4.265 | 4.926 | 5.56 |
| Rate of return | 3.42% | 2.46% | 2.54% | 2.67% | 1.7% | 1.79% | 2.07% | 2.33% |
| EPS 2 | 5.12 | 5.29 | 4.91 | 6.89 | 8.15 | 8.479 | 11.2 | 12.76 |
| Distribution rate | 50% | 55.6% | 69.2% | 53.7% | 47.9% | 50.3% | 44% | 43.6% |
| Net sales 1 | 16,192 | 17,569 | 18,428 | 20,577 | 22,136 | 23,831 | 25,919 | 28,120 |
| EBITDA 1 | 2,348 | 2,405 | 2,582 | 2,898 | 3,827 | 3,857 | 4,282 | 4,690 |
| EBIT 1 | 1,649 | 1,935 | 2,132 | 2,419 | 2,740 | 3,006 | 3,417 | 3,789 |
| Net income 1 | 1,089 | 1,121 | 1,023 | 1,420 | 1,675 | 1,713 | 2,220 | 2,514 |
| Net Debt 1 | 795 | 35.2 | 4,000 | 3,044 | 1,618 | 183.7 | -42.78 | -3,308 |
| Reference price 2 | 74.80 | 119.30 | 133.95 | 138.65 | 229.80 | 238.20 | 238.20 | 238.20 |
| Nbr of stocks (in thousands) | 212,957 | 211,730 | 208,476 | 205,380 | 205,373 | 205,461 | - | - |
| Announcement Date | 03/03/22 | 08/03/23 | 05/03/24 | 04/03/25 | 03/03/26 | - | - | - |
1EUR in Million2EUR
Estimates
P/E, Detailed evolution
| P/E (Y) | EV / Sales (Y) | EV / EBITDA (Y) | Dividend Yield (Y) | Capi.($) | ||
|---|---|---|---|---|---|---|
| 28.09x | 2.06x | 12.74x | 1.79% | 56.12B | ||
| 52.18x | 3.48x | 18.87x | 0.89% | 10.35B | ||
| 575.85x | 9.78x | 124.97x | - | 10.52B | ||
| -28.68x | 12.72x | 588.7x | -.--% | 5.97B | ||
| 59.78x | 2.27x | 21.22x | 0.43% | 4.17B | ||
| 24.41x | 4.45x | 20.08x | 1.86% | 3.13B | ||
| 70.33x | 31.84x | -177.38x | -.--% | 1.34B | ||
| 66.39x | 3.37x | 27.26x | 0.19% | 620M | ||
| Average | 106.04x | 8.75x | 79.56x | 0.74% | 11.53B | |
| Weighted average by Cap. | 91.76x | 4.32x | 61.52x | 1.44% |
Y-o-Y evolution of P/E
Historical PBR trend
Evolution Enterprise Value / Sales
Change in Enterprise Value/EBITDA
Year-on-year evolution of the Yield
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- CSF Stock
- Valuation Thales
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