Thales

HO · Euronext Paris · EUR

€225.30Change from previous close: +0.36%Absolute change: +€0.80

Close · October 1, 2026

Valuation

Data as of October 2, 2026

Valuation multiples

Market cap
€46.33B
Enterprise value
€46.66B
P/E (trailing 12 months)
31.1
Forward P/E
18.2
PEG
1.61
Price/book
5.78
Price/sales
2.03
EV/EBITDA
15.2
EV/revenue
2.04

Profitability and growth

Gross margin
26.9%
Operating margin
10.3%
Net margin
6.6%
ROE
19.4%
ROA
3.8%
Revenue growth (year over year)
6.7%
Earnings growth (year over year)
-27.0%

Financial health

Total cash
€5.06B
Total debt
€5.58B
Debt/equity
0.70
Current ratio
0.83
Quick ratio
0.57

Dividends

Annual dividend per share
€3.90
Dividend yield
1.7%
Payout ratio
53.7%
Ex-dividend date
May 18, 2026

Analysts and estimates

Average price target
€291.21
Median price target
€295.00
High price target
€335.00
Low price target
€250.00
Analysts with a price target
19
Consensus
Buy
Forward EPS
€12.40
EPS estimate, current year
€10.82

Shares and trading

Beta
0.12
Average volume
238.88K
Shares outstanding
205.66M
Float
89.73M
Institutional ownership
23.5%
Insider ownership
56.2%