Valuation Thales Deutsche Boerse AG

Stocks

Market Closed - Deutsche Boerse AG 09:05:53 25/09/2026 BST			5-day change	1st Jan Change
230.60 ^EUR	-1.07%		-3.19%	+1.41%

09-25	Thales Singapore and Acron Aviation Extend Authorized Repair Center Agreement to Cover Acss's Surveillance Products	CI
09-25	Airbus Reportedly Mulls Selling Assets to Win EU Approval for Space Merger with Thales, Leonardo SpA	MT

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	47,133	-	-
Change	-	58.57%	10.55%	1.97%	65.74%	-0.13%	-	-
Enterprise Value (EV) ¹	16,724	25,295	31,925	31,520	48,813	47,378	47,473	43,634
Change	-	51.25%	26.21%	-1.27%	54.86%	-2.94%	0.2%	-8.09%
P/E	14.6x	22.6x	27.3x	20.1x	28.2x	27.1x	20.2x	17.7x
PBR	2.46x	3.49x	4.05x	3.79x	5.93x	5.4x	4.75x	4.13x
PEG	-	6.81x	-3.8x	0.5x	1.5x	6.72x	0.6x	1.2x
Capitalization / Revenue	0.98x	1.44x	1.52x	1.38x	2.13x	1.98x	1.82x	1.67x
EV / Revenue	1.03x	1.44x	1.73x	1.53x	2.21x	1.99x	1.83x	1.55x
EV / EBITDA	7.12x	10.5x	12.4x	10.9x	12.8x	12.2x	11x	9.21x
EV / EBIT	10.1x	13.1x	15x	13x	17.8x	15.8x	13.9x	11.5x
EV / FCF	7.41x	10.2x	15.8x	15.6x	18.9x	19.7x	18.6x	14.8x
FCF Yield	13.5%	9.85%	6.35%	6.43%	5.28%	5.07%	5.37%	6.74%
Dividend per Share ²	2.56	2.94	3.4	3.7	3.9	4.274	4.908	5.563
Rate of return	3.42%	2.46%	2.54%	2.67%	1.7%	1.86%	2.14%	2.42%
EPS ²	5.12	5.29	4.91	6.89	8.15	8.479	11.34	12.98
Distribution rate	50%	55.6%	69.2%	53.7%	47.9%	50.4%	43.3%	42.8%
Net sales ¹	16,192	17,569	18,428	20,577	22,136	23,829	25,946	28,207
EBITDA ¹	2,348	2,405	2,582	2,898	3,827	3,875	4,303	4,735
EBIT ¹	1,649	1,935	2,132	2,419	2,740	3,005	3,419	3,807
Net income ¹	1,089	1,121	1,023	1,420	1,675	1,673	2,231	2,568
Net Debt ¹	795	35.2	4,000	3,044	1,618	245.5	340.4	-3,498
Reference price ²	74.80	119.30	133.95	138.65	229.80	229.40	229.40	229.40
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

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
THALES	27.06x	1.99x	12.23x	1.86%	53.71B
CHINA SPACESAT CO.,LTD.	559.52x	9.51x	121.52x	-	10.2B
HENSOLDT AG	50.67x	3.38x	18.37x	0.92%	9.98B
PLANET LABS PBC	-30.45x	13.56x	627.56x	-.--%	6.34B
OHB SE	61.14x	2.35x	21.99x	0.42%	4.24B
SHANGHAI HUACE NAVIGATION TECHNOLOGY LTD	24.97x	4.29x	18.86x	1.86%	3.11B
SYNSPECTIVE INC.	66.23x	29.97x	-166.95x	-.--%	1.25B
CHENGDU M&S ELECTRONICS TECHNOLOGY CO.,LTD.	54.56x	-	-	-	640M
Average	101.71x	9.29x	93.37x	0.84%	11.18B
Weighted average by Cap.	88.61x	4.33x	67.56x	1.49%