Valuation: Thales

Market Cap 48.57B 55.3B 45.17B 41.45B 77.88B 5,326B 79.08B 536B 210B 2,618B 208B 203B 9,053B P/E 2026 *
27x
P/E 2027 * 21.3x
Enterprise Value 48.51B 55.24B 45.12B 41.4B 77.79B 5,319B 78.99B 536B 209B 2,615B 207B 203B 9,042B EV / Sales 2026 *
2.04x
EV / Sales 2027 * 1.86x
Free-Float
43.58%
Yield 2026 *
1.78%
Yield 2027 * 2.07%
1 day-2.07%
1 week+6.09%
Current month+5.33%
1 month+3.67%
3 months+1.72%
6 months-7.78%
Current year+4.22%
1 week 222.6
Extreme 222.6
242
1 month 213.3
Extreme 213.3
246
Current year 213.3
Extreme 213.3
273.6
1 year 213.3
Extreme 213.3
277.8
3 years 127
Extreme 127
277.8
5 years 70.9
Extreme 70.9
277.8
10 years 53.92
Extreme 53.92
277.8
Manager TitleAgeSince
Chief Executive Officer 56 22/12/2014
Chief Tech/Sci/R&D Officer 52 30/06/2026
Chief Operating Officer 58 30/09/2023
Director TitleAgeSince
Director/Board Member 72 15/02/2010
Director/Board Member 66 18/05/2009
Director/Board Member 66 15/02/2010
Change 5-day change 1-year change 3-year change Capi.($)
-2.07%+6.09% - - 55.3B
-5.39%-7.33%+104.31%+104.60% 10.09B
+0.86%+4.56%-17.69%+147.83% 10.49B
-8.45%-8.90%+199.27%+512.87% 7.3B
-0.62%-1.45%+234.03%+638.39% 5.64B
-1.83%+0.83%-25.33%+17.08% 3.13B
-3.68%-13.55%-47.14%-9.78% 1.13B
-5.75%+0.80%-11.44% - 910M
-7.63%+1.03%+72.02%+181.57% 590M
-5.11%-14.04%-42.85%-47.09% 544M
Average -3.97%-1.85%+51.69%+193.18% 4.42B
Weighted average by Cap. -2.60%-1.61%+88.30%+258.84%

Financials

2026 *2027 *
Net sales 23.73B 27.02B 22.07B 20.25B 38.05B 2,602B 38.64B 262B 102B 1,279B 101B 99.24B 4,423B 25.75B 29.32B 23.95B 21.98B 41.29B 2,824B 41.93B 284B 111B 1,388B 110B 108B 4,800B
Net income 1.69B 1.93B 1.57B 1.44B 2.71B 186B 2.76B 18.69B 7.3B 91.22B 7.23B 7.08B 315B 2.24B 2.55B 2.09B 1.91B 3.6B 246B 3.65B 24.76B 9.67B 121B 9.58B 9.38B 418B
Net Debt -58M -66.04M -53.94M -49.5M -93M -6.36B -94.43M -641M -250M -3.13B -248M -243M -10.81B -554M -631M -515M -473M -889M -60.78B -902M -6.12B -2.39B -29.88B -2.37B -2.32B -103B
Logo Thales
Thales is one of the European leaders in manufacturing and marketing of electronic equipment and systems for the aerospace, defense and security sectors. Net sales break down by product group as follows: - defense and security systems (55.3%): C4I defense and security systems (control and monitoring systems, communication, protection, cyber-security, and other systems), defense mission systems, naval systems, electronic war systems, drones, air operation systems (air defense, air surveillance), ground defense systems and missiles; - aerospace systems (26.7%): avionics equipment (cockpit, cabin multimedia, and simulation equipment), space systems (satellites, payloads, etc.); - digital identification and security solutions (17.4%); - other (0.6%). Besides, the group owns a 35% stake in Naval Group (manufacture of naval equipment for defense and nuclear energy sectors). Net sales are distributed geographically as follows: France (27.7%), the United Kingdom (6.5%), Europe (28.1%), North America (12.4%), Asia (9.9%), Australia and New Zealand (4.1%) and other (11.3%).
Employees
82,111
Date Price Change Volume
24/07/26 €237.00 -2.07% 68
23/07/26 €242.00 +6.05% 216
22/07/26 €228.20 +1.74% 14
21/07/26 €224.30 +0.09% 18
20/07/26 €224.10 +0.31% 27
Trader
Investor
Global
Quality
ESG MSCI
BBB
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
18
Last Close Price
236.40EUR
Average target price
289.39EUR
Spread / Average Target
+22.41%

Quarterly revenue - Rate of surprise