Thales SA
PAR:HO

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Thales SA
PAR:HO
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Price: 261.6 EUR 2.55% Market Closed
Market Cap: 53.9B EUR

Relative Value

The Relative Value of one HO stock under the Base Case scenario is hidden EUR. Compared to the current market price of 261.6 EUR, Thales SA is hidden .

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

HO Relative Value
HIDDEN
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Worst Case
Base Case
Best Case

Valuation Multiples

vs History
4
vs Industry
54
Median 3Y
1.6
Median 5Y
1.6
Industry
5.1
Forward
2.4
vs History
1
vs Industry
30
Median 3Y
25.2
Median 5Y
23.8
Industry
38
Forward
26.9
vs History
25
vs Industry
35
Median 3Y
15.9
Median 5Y
11.3
Industry
24.2
vs History
6
vs Industry
15
Median 3Y
16.1
Median 5Y
17.3
Industry
36.6
vs History
1
vs Industry
19
Median 3Y
4.1
Median 5Y
3.9
Industry
4.8
vs History
4
vs Industry
56
Median 3Y
1.6
Median 5Y
1.5
Industry
5.2
Forward
2.4
vs History
4
vs Industry
57
Median 3Y
6.3
Median 5Y
6
Industry
15.4
vs History
4
vs Industry
41
Median 3Y
11.2
Median 5Y
10.6
Industry
22.3
Forward
14.8
vs History
6
vs Industry
34
Median 3Y
18.9
Median 5Y
18.5
Industry
30.1
Forward
20.3
vs History
25
vs Industry
37
Median 3Y
15.9
Median 5Y
11.2
Industry
24.9
vs History
25
vs Industry
28
Median 3Y
20.4
Median 5Y
15
Industry
31.2
vs History
3
vs Industry
54
Median 3Y
1.2
Median 5Y
1.2
Industry
3.3

Multiples Across Competitors

HO Competitors Multiples
Thales SA Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
FR
Thales SA
PAR:HO
53.7B EUR 2.5 50.4 17.3 27.3
US
Raytheon Technologies Corp
NYSE:RTX
270.7B USD 3.1 41.1 23.4 35.2
US
RTX Corp
LSE:0R2N
267.7B USD 3.1 40.6 23.1 34.8
NL
Airbus SE
PAR:AIR
171.6B EUR 2.4 33.9 20.1 30.4
US
Boeing Co
NYSE:BA
188.2B USD 2.3 -18.5 -32.3 -24.9
FR
Safran SA
PAR:SAF
134.4B EUR 4.6 31.1 22.5 29.4
UK
Rolls-Royce Holdings PLC
LSE:RR
108.7B GBP 5.6 18.8 25.7 32.8
US
Lockheed Martin Corp
NYSE:LMT
134B USD 1.8 31.9 19.2 24.5
DE
Rheinmetall AG
XETRA:RHM
87.3B EUR 7.9 104 44.9 59.6
US
General Dynamics Corp
NYSE:GD
99.2B USD 1.9 23.5 17 19.9
US
Northrop Grumman Corp
NYSE:NOC
95.2B USD 2.3 23.7 19.4 26.5
P/E Multiple
Earnings Growth PEG
FR
Thales SA
PAR:HO
Average P/E: 39.9
50.4
23%
2.2
US
Raytheon Technologies Corp
NYSE:RTX
41.1
29%
1.4
US
RTX Corp
LSE:0R2N
40.6
28%
1.5
NL
Airbus SE
PAR:AIR
33.9
22%
1.5
US
Boeing Co
NYSE:BA
Negative Multiple: -18.5 N/A N/A
FR
Safran SA
PAR:SAF
31.1
N/A N/A
UK
Rolls-Royce Holdings PLC
LSE:RR
18.8
8%
2.3
US
Lockheed Martin Corp
NYSE:LMT
31.9
11%
2.9
DE
Rheinmetall AG
XETRA:RHM
104
60%
1.7
US
General Dynamics Corp
NYSE:GD
23.5
12%
2
US
Northrop Grumman Corp
NYSE:NOC
23.7
3%
7.9
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
FR
Thales SA
PAR:HO
Average EV/EBITDA: 23.3
17.3
14%
1.2
US
Raytheon Technologies Corp
NYSE:RTX
23.4
18%
1.3
US
RTX Corp
LSE:0R2N
23.1
18%
1.3
NL
Airbus SE
PAR:AIR
20.1
19%
1.1
US
Boeing Co
NYSE:BA
Negative Multiple: -32.3 N/A N/A
FR
Safran SA
PAR:SAF
22.5
16%
1.4
UK
Rolls-Royce Holdings PLC
LSE:RR
25.7
17%
1.5
US
Lockheed Martin Corp
NYSE:LMT
19.2
10%
1.9
DE
Rheinmetall AG
XETRA:RHM
44.9
41%
1.1
US
General Dynamics Corp
NYSE:GD
17
10%
1.7
US
Northrop Grumman Corp
NYSE:NOC
19.4
6%
3.2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
FR
Thales SA
PAR:HO
Average EV/EBIT: 32.1
27.3
22%
1.2
US
Raytheon Technologies Corp
NYSE:RTX
35.2
31%
1.1
US
RTX Corp
LSE:0R2N
34.8
31%
1.1
NL
Airbus SE
PAR:AIR
30.4
26%
1.2
US
Boeing Co
NYSE:BA
Negative Multiple: -24.9 N/A N/A
FR
Safran SA
PAR:SAF
29.4
20%
1.5
UK
Rolls-Royce Holdings PLC
LSE:RR
32.8
21%
1.6
US
Lockheed Martin Corp
NYSE:LMT
24.5
12%
2
DE
Rheinmetall AG
XETRA:RHM
59.6
45%
1.3
US
General Dynamics Corp
NYSE:GD
19.9
11%
1.8
US
Northrop Grumman Corp
NYSE:NOC
26.5
7%
3.8