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Thales SA
F:CSF

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Thales SA
F:CSF
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Price: 247.9 EUR -5.99% Market Closed
Market Cap: €50.9B

P/OCF

15
Current
5%
Cheaper
vs 3-y average of 15.8

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
15
=
Market Cap
€48.6B
/
Operating Cash Flow
€3.3B

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
15
=
Market Cap
€48.6B
/
Operating Cash Flow
€3.3B

Valuation Scenarios

Thales SA is trading below its 3-year average

If P/OCF returns to its 3-Year Average (15.8), the stock would be worth €261.42 (5% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-55%
Maximum Upside
+18%
Average Downside
12%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 15 €247.9
0%
3-Year Average 15.8 €261.42
+5%
5-Year Average 12.7 €209.66
-15%
Industry Average 17.6 €292.19
+18%
Country Average 6.7 €111.62
-55%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

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

Higher than 78% of companies in France
Percentile
78th
Based on 1 511 companies
78th percentile
15.3
Low
0 — 4.4
Typical Range
4.4 — 12
High
12 —
Distribution Statistics
France
Min 0
30th Percentile 4.4
Median 6.7
70th Percentile 12
Max 2 287.4

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 15%
Intrinsic Value
Price €247.9
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