Valuation Thales Deutsche Boerse AG

Stocks

Market Closed - Deutsche Boerse AG 19:05:33 14/08/2026 BST			5-day change	1st Jan Change
270.70 ^EUR	+0.56%		+2.07%	+19.04%

08-12	Europe ends in the red after US inflation report
08-11	RBC Kicks Off Thales Coverage at Outperform Amid 'Strong' Operational Track Record	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	55,557	-	-
Change	-	58.57%	10.55%	1.97%	65.74%	17.72%	-	-
Enterprise Value (EV) ¹	16,724	25,295	31,925	31,520	48,813	55,740	55,703	52,334
Change	-	51.25%	26.21%	-1.27%	54.86%	14.19%	-0.07%	-6.05%
P/E	14.6x	22.6x	27.3x	20.1x	28.2x	31.9x	24x	21.1x
PBR	2.46x	3.49x	4.05x	3.79x	5.93x	6.36x	5.55x	4.84x
PEG	-	6.81x	-3.8x	0.5x	1.5x	7.9x	0.7x	1.5x
Capitalization / Revenue	0.98x	1.44x	1.52x	1.38x	2.13x	2.33x	2.14x	1.98x
EV / Revenue	1.03x	1.44x	1.73x	1.53x	2.21x	2.34x	2.15x	1.86x
EV / EBITDA	7.12x	10.5x	12.4x	10.9x	12.8x	14.5x	13x	11.2x
EV / EBIT	10.1x	13.1x	15x	13x	17.8x	18.5x	16.3x	13.8x
EV / FCF	7.41x	10.2x	15.8x	15.6x	18.9x	23.5x	21.7x	18x
FCF Yield	13.5%	9.85%	6.35%	6.43%	5.28%	4.25%	4.61%	5.54%
Dividend per Share ²	2.56	2.94	3.4	3.7	3.9	4.265	4.939	5.576
Rate of return	3.42%	2.46%	2.54%	2.67%	1.7%	1.58%	1.83%	2.06%
EPS ²	5.12	5.29	4.91	6.89	8.15	8.479	11.25	12.84
Distribution rate	50%	55.6%	69.2%	53.7%	47.9%	50.3%	43.9%	43.4%
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	145.9	-3,222
Reference price ²	74.80	119.30	133.95	138.65	229.80	270.40	270.40	270.40
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 (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
THALES	31.89x	2.34x	14.45x	1.58%	64.32B
HENSOLDT AG	64.84x	4.21x	22.81x	0.73%	12.85B
CHINA SPACESAT CO.,LTD.	1285.38x	11.05x	179.72x	-	11.72B
PLANET LABS PBC	-46.58x	19.29x	867.91x	-.--%	8.8B
OHB SE	84.39x	3.51x	32.47x	0.31%	6.23B
SHANGHAI HUACE NAVIGATION TECHNOLOGY LTD	26.86x	5.06x	21.94x	1.7%	3.38B
SYNSPECTIVE INC.	59.14x	28.36x	-209x	-.--%	1.18B
SATREC INITIATIVE CO., LTD.	68.75x	3.5x	28.28x	0.18%	631M
Average	196.83x	9.66x	119.82x	0.64%	13.64B
Weighted average by Cap.	167.41x	5.30x	100.93x	1.22%