1.51%
11.47%
4.32%
5.17%
14.19%
89.77%
55.76%
AI Spotlight on HO
Company Description
Thales S.A. provides various solutions for civilian and military customers in the aeronautics, space, defense, security, ground transportation, and digital security markets worldwide.It operates through Aerospace, Transport, Defence & Security, and Digital Identity & Security segments.The company offers communications, command, and control systems; mission services and support; protection and mission/combat systems; surveillance, detection, and intelligence systems; training and simulation solutions for air, land, naval, and joint forces; and digital identity and security solutions.
It also provides air traffic management solutions; flight decks and avionics equipment and functions; in-flight entertainment and connectivity systems and services; electrical systems; aerospace training solutions; navigation solutions; support and services for avionics equipment; and vision systems.In addition, the company designs, operates, and delivers satellite-based systems for telecommunications, navigation, earth observation, environmental management, exploration, and science and orbital infrastructures; signaling, communications and supervision, and fare collection management systems and related services; cybersecurity and railway digitalization systems; and main line rail, and urban and intermodal mobility solutions.Further, it provides solutions for various markets and applications, including radiology, radio frequency, microwave sources, training and simulation solutions, lasers, and microelectronics solutions for science, industry, space, defense, automotive, railways, and energy conversion platforms.
Thales S.A. has a strategic agreement with Google LLC.The company was formerly known as Thomson-CSF and changed its name to Thales S.A. in 2000.Thales S.A. was founded in 1893 and is headquartered in Courbevoie, France.
Market Data
| Last Price | 154.55 |
| Change Percentage | 1.51% |
| Open | 152.65 |
| Previous Close | 152.25 |
| Market Cap ( Millions) | 31082 |
| Volume | 163885 |
| Year High | 174.5 |
| Year Low | 131.45 |
| M A 50 | 143.01 |
| M A 200 | 151.01 |
Financial Ratios
| FCF Yield | 2.19% |
| Dividend Yield | 2.23% |
| ROE | 19.73% |
| Debt / Equity | 115.48% |
| Net Debt / EBIDTA | 206.98% |
| Price To Book | 4.38 |
| Price Earnings Ratio | 22.9 |
| Price To FCF | 45.7 |
| Price To sales | 1.62 |
| EV / EBITDA | 16.03 |
News
- Jan -30 - Thales Alenia Space strikes 862 million euro deal with European Space Agency
- Jan -30 - ESA taps Thales Alenia Space to build lunar lander
- Jan -29 - Thales Partners with the State of Georgia Department of Driver Services to Enhance Citizen Experience
- Jan -29 - Eyedea’s AI-powered Visual Recognition Software Protected and Monetized by Thales Sentinel Platform
- Jan -17 - 3 Stocks Estimated To Be Up To 45.3% Below Intrinsic Value Offering Potential Opportunities
- Dec -19 - Thales to Enhance Vehicle Access With Reliable and Secure Contactless Solutions
- Dec -09 - Avinor Selects Thales to Deploy Norway’s Next-Generation Nationwide Unmanned Traffic Management System
- Dec -03 - Space firms plot new European satellite venture to take on Starlink as job cuts loom
- Dec -03 - Thales Unveils Data Risk Intelligence to Redefine Data Risk Visibility and Proactive Risk Mitigation
- Nov -22 - Recession risk as Britain reels from Reeves’s Budget
- Nov -22 - Thales denies allegations as fraud office launches probe into suspected bribery
- Nov -21 - Royal Navy sonar maker under investigation over bribery claims
- Nov -21 - Reeves rakes in record £67bn from ‘jobs tax’
- Nov -21 - UK and France open bribery and corruption probe into French defense firm Thales
- Nov -21 - Thales under investigation in suspected bribery and corruption probe
- Nov -20 - Thales’s Friendly Hackers Unit Invents Metamodel to Detect AI-generated Deepfake Images
- Nov -19 - Thales Expands CipherTrust Data Security Platform as-a-Service Offerings
- Nov -14 - France’s Thales Bets on Defense, Cyber to Drive Growth
- Nov -14 - Defence firm Thales eyes profit growth after cyber expansion
- Nov -14 - Defence firm Thales eyes profit growth after cyber expansion
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Defense & Security
Expected Growth : 5 %
What the company do ?
Thales S.A.'s Defense & Security segment provides solutions for land, air, and naval defense, as well as cybersecurity and communication systems for governments and military organizations.
Why we expect these perspectives ?
Thales S.A.'s Defense & Security segment growth is driven by increasing global security threats, rising defense budgets, and growing demand for digital and cybersecurity solutions. The company's expertise in areas like unmanned systems, satellite communications, and electronic warfare also contributes to its growth. Additionally, Thales' strategic partnerships and acquisitions, such as the purchase of Gemalto, further enhance its capabilities and drive expansion.
Segment n°2 -> Aerospace
Expected Growth : 7 %
What the company do ?
Thales Aerospace provides avionics, navigation, and surveillance systems for military and civil aircraft, as well as satellite-based solutions for navigation and Earth observation.
Why we expect these perspectives ?
Thales S.A.'s Aerospace segment growth is driven by increasing demand for satellite-based services, cybersecurity solutions, and digital avionics. The segment benefits from government investments in defense and space exploration, as well as commercial airlines' adoption of digital technologies. Additionally, Thales' strategic acquisitions and partnerships expand its offerings and customer base, contributing to the 7% growth rate.
Segment n°3 -> Digital Identity & Security
Expected Growth : 8 %
What the company do ?
Digital Identity & Security from Thales S.A. provides trusted identities, data protection, and secure communications for individuals, organizations, and governments.
Why we expect these perspectives ?
Thales S.A.'s Digital Identity & Security segment growth is driven by increasing demand for cybersecurity solutions, rising adoption of cloud-based services, and growing need for secure digital identities. Additionally, government initiatives for digital transformation, IoT expansion, and stringent data protection regulations are fueling growth.
Segment n°4 -> Other
Expected Growth : 4 %
What the company do ?
Thales S.A.'s 'Other' segment includes activities such as digital identity and security, and advanced technology solutions.
Why we expect these perspectives ?
Thales S.A.'s 'Other' segment growth is driven by increasing demand for cybersecurity solutions, expansion in emerging markets, and strategic partnerships. Additionally, the company's focus on digital transformation and innovation in areas like artificial intelligence, data analytics, and cloud computing is contributing to its growth.
Thales S.A. Products
| Product Range | What is it ? |
|---|---|
| Aerospace Solutions | Thales provides aerospace solutions for commercial and military aircraft, including avionics, navigation, and communication systems. |
| Transportation Systems | Thales offers transportation systems for rail, road, and sea, including signaling, train control, and passenger information systems. |
| Defence and Security Solutions | Thales provides defence and security solutions for governments and military forces, including communication, electronic warfare, and optronics systems. |
| Digital Identity and Security Solutions | Thales offers digital identity and security solutions for governments, enterprises, and individuals, including biometric authentication and cybersecurity systems. |
| Satellite Systems | Thales provides satellite systems for telecommunications, navigation, and Earth observation, including satellite design, manufacturing, and operation. |
Thales S.A.'s Porter Forces
Threat Of Substitutes
Thales S.A. operates in a highly competitive industry, but its strong brand recognition and diversified product offerings mitigate the threat of substitutes.
Bargaining Power Of Customers
Thales S.A. has a diverse customer base, and no single customer has significant bargaining power, reducing the threat of customer bargaining power.
Bargaining Power Of Suppliers
Thales S.A. relies on a network of suppliers, but its large scale and diversified supply chain mitigate the bargaining power of individual suppliers.
Threat Of New Entrants
The aerospace and defense industry has high barriers to entry, including significant capital requirements and regulatory hurdles, reducing the threat of new entrants.
Intensity Of Rivalry
The aerospace and defense industry is highly competitive, with several established players competing for market share, driving the intensity of rivalry.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 51.30% |
| Debt Cost | 3.95% |
| Equity Weight | 48.70% |
| Equity Cost | 6.91% |
| WACC | 5.39% |
| Leverage | 105.32% |
Thales S.A. : Quality Control
Thales S.A. passed 6 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| RHM.DE | Rheinmetall AG provides technologies to the mobility and security sectors worldwide. The company operates in five segments: Vehicle Systems, Weapon and Ammunition, Electronic Solutions, Sensors and Actuators, and Materials and … |
| AIR.PA | Airbus SE engages in the designing, manufacturing, and delivering aerospace products, services, and solutions worldwide. It operates through three segments: Airbus, Airbus Helicopters, and Airbus Defence and Space. The Airbus … |
| RR.L | Rolls-Royce Holdings plc operates as an industrial technology company in the United Kingdom and internationally. The company operates in four segments: Civil Aerospace, Power Systems, Defence, and New Markets. The … |
| SAF.PA | Safran SA, together with its subsidiaries, engages in the aerospace and defense businesses worldwide. The company operates through three segments: Aerospace Propulsion; Aircraft Equipment, Defense and Aerosystems; and Aircraft Interiors. … |
| BA.L | BAE Systems plc provides defense, aerospace, and security solutions worldwide. The company operates through five segments: Electronic Systems, Cyber & Intelligence, Platforms & Services (US), Air, and Maritime. The Electronic … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
🥇
BAE Systems
A-Score
1-Year Total Return ->
🥈
Thales
A-Score
1-Year Total Return ->
🥉
Safran
A-Score
1-Year Total Return ->
4
Rolls-Royce
A-Score
1-Year Total Return ->
5
Rheinmetall
A-Score
1-Year Total Return ->
6
