Thales SA
DUS:CSF
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Thales SA
DUS:CSF
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Helen of Troy Ltd
XMUN:HT2
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Intrinsic Value
The intrinsic value of
Thales SA (CSF) under the Base Case is 248.14 EUR per share.
Compared with the current market price of 236.5 EUR, the stock appears
Undervalued by 5% .
The intrinsic value is the average of valuations using the DCF method and multiples.
Do our valuations actually work? See backtest results .
Cheap or expensive for this stock?
This block shows whether today’s valuation is cheap or expensive compared with the stock’s own history, and what happened after similar valuations in the past.
We compare the gap between the stock’s price and our estimated value over time.
- Undervalued can still be historically expensive. The stock may trade below our estimated value, but usually offer an even bigger discount.
- Overvalued can still be historically cheap. The stock may trade above our estimated value, but usually carry an even higher premium.
Market expectations can differ from our model, which may not fully capture everything affecting the price. That is why some stocks regularly trade above our estimated value and others below it.
The scale and chart show how today’s valuation compares with the past. The cards summarize past returns and waiting times until the stock stopped being cheap or expensive. This can happen because the price changed, our estimated value changed, or both.
Only completed periods are included. These are past results, not forecasts. The usual historical range does not necessarily mean fair value.
Fundamental Analysis
What Thales Does
Thales SA makes the electronics and software that help run aircraft, defend countries, secure data, and control transport networks. Its products include radar, sensors, communication systems, avionics, flight control equipment, train signaling systems, and cybersecurity and identity security tools. The company is not a plane or missile maker itself; it is a systems supplier that puts the brains and sensing equipment into complex machines and critical infrastructure.
- Headquarters
- France FR
- Employees
- 82 111
- IPO date
- Dec 18, 1986
Thales has no economic moat
Established rivals can offer alternatives to Thales' defense electronics, aircraft systems and security products, leaving customers with credible choices. Its technical expertise and existing contracts help it compete, but do not establish lasting protection across the business against rivals winning future work.
Read the full moat analysis
Earnings Waterfall
Thales SA
The intrinsic value for
Thales SA (CSF) under the Base Case is 248.14 EUR.
Compared with the current market price of 236.5 EUR, the stock appears Undervalued by 5% .