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Thales SA
F:CSF

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Thales SA
F:CSF
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Price: 245.3 EUR -1.05% Market Closed
Market Cap: €50.4B

P/B

6.3
Current
47%
More Expensive
vs 3-y average of 4.3

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
6.3
=
Market Cap
€48.6B
/
Total Equity
€8B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
6.3
=
Market Cap
€48.6B
/
Total Equity
€8B

Valuation Scenarios

Thales SA is trading above its 3-year average

If P/B returns to its 3-Year Average (4.3), the stock would be worth €167.15 (32% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-76%
Maximum Upside
+20%
Average Downside
31%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 6.3 €245.3
0%
3-Year Average 4.3 €167.15
-32%
5-Year Average 4 €155.34
-37%
Industry Average 7.5 €295.01
+20%
Country Average 1.5 €57.76
-76%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
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Market Distribution

Higher than 89% of companies in France
Percentile
89th
Based on 1 681 companies
89th percentile
6.3
Low
0 — 0.9
Typical Range
0.9 — 2.6
High
2.6 —
Distribution Statistics
France
Min 0
30th Percentile 0.9
Median 1.5
70th Percentile 2.6
Max 185.9

Thales SA
Glance View

Thales SA has long stood as a beacon of innovation and reliability in the world of aerospace, defense, and security. Originating from France, this multinational corporation has intricately woven a vast network of technological prowess, primarily driven by its deep-rooted expertise in advancing communication systems, defense electronics, and cybersecurity solutions. Its operations span across over 68 countries, employing a workforce skilled in blending traditional craftsmanship with modern technological advancements. The company’s strength lies in its ability to secure lucrative contracts from governments and large-scale enterprises, which rely on Thales' sophisticated systems for everything from air traffic management to satellite technology. By consistently pushing the boundaries of innovation, Thales positions itself not merely as a service provider but as a strategic partner dedicated to enhancing global security and safety. Revenue streams for Thales emerge from a diverse yet interconnected array of sectors. The defense segment serves as a cornerstone, generating significant income through comprehensive offerings that include cutting-edge radar systems, avionics, and military communication tools. In the civil market, Thales shines by supplying avionics and in-flight entertainment solutions to major airlines and aerospace manufacturers. Another vital pillar is the digital security segment, where Thales capitalizes on the growing need for cybersecurity and secure transactions, offering solutions that protect data and secure electronic transactions worldwide. Through mergers, acquisitions, and continuous R&D investments, Thales has fortified its position in these markets, ensuring resilient growth by adeptly navigating the intricate landscapes of technology and geopolitical demands.

CSF Intrinsic Value
211.12 EUR
Overvaluation 14%
Intrinsic Value
Price €245.3
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