Thales S.A. (LON:0IW5)

Thales Statistics

Total Valuation

Thales has a market cap or net worth of GBP 41.97 billion. The enterprise value is 44.94 billion.

Market Cap	41.97B
Enterprise Value	44.94B

Important Dates

The last earnings date was Wednesday, July 23, 2025.

Earnings Date	Jul 23, 2025
Ex-Dividend Date	May 20, 2025

Share Statistics

Current Share Class	205.37M
Shares Outstanding	n/a
Shares Change (YoY)	-0.79%
Shares Change (QoQ)	+0.13%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	n/a
Float	88.94M

Valuation Ratios

The trailing PE ratio is 45.93 and the forward PE ratio is 23.27.

PE Ratio	45.93
Forward PE	23.27
PS Ratio	2.29
PB Ratio	6.83
P/TBV Ratio	n/a
P/FCF Ratio	18.24
P/OCF Ratio	15.00
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 17.05, with an EV/FCF ratio of 19.53.

EV / Earnings	49.19
EV / Sales	2.45
EV / EBITDA	17.05
EV / EBIT	25.39
EV / FCF	19.53

Financial Position

The company has a current ratio of 0.82, with a Debt / Equity ratio of 1.02.

Current Ratio	0.82
Quick Ratio	0.57
Debt / Equity	1.02
Debt / EBITDA	2.49
Debt / FCF	2.72
Interest Coverage	7.66

Financial Efficiency

Return on equity (ROE) is 13.47% and return on invested capital (ROIC) is 7.96%.

Return on Equity (ROE)	13.47%
Return on Assets (ROA)	3.13%
Return on Invested Capital (ROIC)	7.96%
Return on Capital Employed (ROCE)	14.45%
Revenue Per Employee	227,035
Profits Per Employee	11,335
Employee Count	83,020
Asset Turnover	0.55
Inventory Turnover	2.99

Taxes

In the past 12 months, Thales has paid 281.25 million in taxes.

Income Tax	281.25M
Effective Tax Rate	25.09%

Stock Price Statistics

The stock price has increased by +57.42% in the last 52 weeks. The beta is 0.59, so Thales's price volatility has been lower than the market average.

Beta (5Y)	0.59
52-Week Price Change	+57.42%
50-Day Moving Average	244.12
200-Day Moving Average	206.34
Relative Strength Index (RSI)	39.00
Average Volume (20 Days)	35,522

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, Thales had revenue of GBP 18.30 billion and earned 913.68 million in profits. Earnings per share was 4.44.

Revenue	18.30B
Gross Profit	4.78B
Operating Income	1.65B
Pretax Income	1.12B
Net Income	913.68M
EBITDA	2.33B
EBIT	1.65B
Earnings Per Share (EPS)	4.44

Balance Sheet

The company has 3.33 billion in cash and 6.27 billion in debt, giving a net cash position of -2.94 billion.

Cash & Cash Equivalents	3.33B
Total Debt	6.27B
Net Cash	-2.94B
Net Cash Per Share	n/a
Equity (Book Value)	6.14B
Book Value Per Share	29.79
Working Capital	-3.87B

Cash Flow

In the last 12 months, operating cash flow was 2.80 billion and capital expenditures -497.43 million, giving a free cash flow of 2.30 billion.

Operating Cash Flow	2.80B
Capital Expenditures	-497.43M
Free Cash Flow	2.30B
FCF Per Share	n/a

Margins

Gross margin is 26.11%, with operating and profit margins of 9.03% and 4.99%.

Gross Margin	26.11%
Operating Margin	9.03%
Pretax Margin	6.13%
Profit Margin	4.99%
EBITDA Margin	12.75%
EBIT Margin	9.03%
FCF Margin	12.57%

Dividends & Yields

This stock pays an annual dividend of 3.11, which amounts to a dividend yield of 1.36%.

Dividend Per Share	3.11
Dividend Yield	1.36%
Dividend Growth (YoY)	6.91%
Years of Dividend Growth	4
Payout Ratio	71.25%
Buyback Yield	0.79%
Shareholder Yield	2.15%
Earnings Yield	2.18%
FCF Yield	5.48%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Thales has an Altman Z-Score of 1.43 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	1.43
Piotroski F-Score	7