Thales (WBAG:THAL) - Stock Price, News & Analysis

THAL Stock Overview

Provides various solutions in the defence and security, aerospace and space, digital identity and security, and transport markets worldwide. More details

THAL fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	5/6
Past Performance	1/6
Financial Health	4/6
Dividends	4/6

Rewards

Trading at 54.5% below our estimate of its fair value

Earnings are forecast to grow 20.1% per year

Analysts in good agreement that stock price will rise by 24.5%

Risk Analysis

Has a high level of debt

Large one-off items impacting financial results

Unstable dividend track record

Thales S.A. Competitors

FACC

WBAG:FACC

€284.8m

Hindustan Aeronautics

NSEI:HAL

₹3.0t

Andritz

WBAG:ANDR

€5.2b

Strabag

WBAG:STR

€4.6b

Price History & Performance

Summary of all time highs, changes and price drops for Thales
Historical stock prices
Current Share Price	€140.90
52 Week High	€172.20
52 Week Low	€133.10
Beta	0.59
11 Month Change	-6.07%
3 Month Change	-7.94%
1 Year Change	0.82%
33 Year Change	92.07%
5 Year Change	n/a
Change since IPO	106.11%

Recent updates

Shareholder Returns

	THAL	AT Aerospace & Defense	AT Market
7D	-2.9%	0.5%	-0.05%
1Y	0.8%	28.6%	0.6%

Return vs Industry: THAL underperformed the Austrian Aerospace & Defense industry which returned 28.6% over the past year.

Return vs Market: THAL matched the Austrian Market which returned 0.6% over the past year.

Price Volatility

Is THAL's price volatile compared to industry and market?
THAL volatility
THAL Average Weekly Movement	3.9%
Aerospace & Defense Industry Average Movement	4.5%
Market Average Movement	3.6%
10% most volatile stocks in AT Market	6.6%
10% least volatile stocks in AT Market	2.0%

Stable Share Price: THAL has not had significant price volatility in the past 3 months compared to the Austrian market.

Volatility Over Time: THAL's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1893	78,600	Patrice Caine	www.thalesgroup.com

Thales S.A. provides various solutions in the defence and security, aerospace and space, digital identity and security, and transport markets worldwide. It operates through Aerospace, Defence & Security, Digital Identity & Security, and Ground Transportation Systems business 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.

Thales S.A. Fundamentals Summary

How do Thales's earnings and revenue compare to its market cap?
THAL fundamental statistics
Market cap	€29.06b
Earnings (TTM)	€953.30m
Revenue (TTM)	€19.21b

30.5x

P/E Ratio

1.5x

P/S Ratio

Is THAL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
THAL income statement (TTM)
Revenue	€19.21b
Cost of Revenue	€14.21b
Gross Profit	€5.00b
Other Expenses	€4.04b
Earnings	€953.30m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Mar 04, 2025

Earnings per share (EPS)	4.64
Gross Margin	26.01%
Net Profit Margin	4.96%
Debt/Equity Ratio	94.8%

How did THAL perform over the long term?

See historical performance and comparison

Dividends

2.4%

Current Dividend Yield

56%

Payout Ratio

Does THAL pay a reliable dividends?

See THAL dividend history and benchmarks

When do you need to buy THAL by to receive an upcoming dividend?
Thales dividend dates
Ex Dividend Date	Dec 03 2024
Dividend Pay Date	Dec 05 2024
Days until Ex dividend	3 days
Days until Dividend pay date	5 days

Does THAL pay a reliable dividends?

See THAL dividend history and benchmarks

THAL Stock Overview

Rewards

Risk Analysis

Thales S.A. Competitors

WBAG:FACC

€284.8m

NSEI:HAL

₹3.0t

WBAG:ANDR

€5.2b

WBAG:STR

€4.6b

Price History & Performance

Recent News & Updates

Thales S.A. to Report First Half, 2025 Results on Jul 23, 2025

Thales Expands CipherTrust Data Security Platform as-a-Service Offerings

First half dividend increased to €0.85

First half dividend increased to €0.85

Thales S.A. Announces Executive Changes, Effective November 1, 2024

Thales Appoints Thomas Chatel as CEO and Country Director for Central Europe, Balkans and Moldova, Covering Austria, Czech Republic, Hungary Slovakia

Recent updates

Thales S.A. to Report First Half, 2025 Results on Jul 23, 2025

Thales Expands CipherTrust Data Security Platform as-a-Service Offerings

First half dividend increased to €0.85

First half dividend increased to €0.85

Thales S.A. Announces Executive Changes, Effective November 1, 2024

Thales Appoints Thomas Chatel as CEO and Country Director for Central Europe, Balkans and Moldova, Covering Austria, Czech Republic, Hungary Slovakia

First half 2024 earnings released: EPS: €3.04 (vs €2.97 in 1H 2023)

Thales Provides Complete Passwordless Functionality for Enterprises with Passwordless 360

Hitachi Rail Limited completed the acquisition Ground Transportation Systems Business from Thales S.A. (ENXTPA:HO).

Thales Unveils FlytEDGE, a Connected Cloud-Based Inflight Entertainment System

Upcoming dividend of €2.60 per share

Full year 2023 earnings released: EPS: €4.55 (vs €5.25 in FY 2022)

Thales S.A. (ENXTPA:HO) completed the acquisition of Cobham Aerospace Communications from Cobham Limited.

Final dividend increased to €2.60

Full year 2023 earnings released: EPS: €4.55 (vs €5.25 in FY 2022)

Thales and Quantinuum Launch Starter Kit to Help Enterprises Prepare for Post-Quantum Cryptography Changes Ahead

Thales S.A. Announces Management Changes

Thales S.A. (ENXTPA:HO) completed the acquisition of Imperva, Inc. from Thoma Bravo, L.P.

Thales S.A. to Report First Half, 2024 Results on Jul 22, 2024

Upcoming dividend of €0.80 per share at 2.1% yield

Thales Appoints Abdelhafid Mordi as CEO in UAE and CEO of Thales Emarat Technologies

Thales S.A., Annual General Meeting, May 15, 2024

New minor risk - Share price stability

Thales Announces Appointment of Loic Rocard to the Board of Directors

Thales Announces the Appointment of Fabien Bortoluzzi as Managing Director of Thales Operations in Western & Central Africa

Thales Launches Cloud-Based Payment HSM Service to Help Accelerate Adoption of Cloud Payments Infrastructure

New minor risk - Dividend sustainability

Thales S.A. (ENXTPA:HO) entered into agreement to acquire Imperva, Inc. from Thoma Bravo, L.P. for an enterprise value of $3.6 billion.

First half 2023 earnings released: EPS: €2.97 (vs €2.61 in 1H 2022)

Thales S.A. Sales Earnings Guidance for the Fiscal Year 2023

Thales Announces to Expand Scope of Security Monitoring and Include New Assets in G2G System

Thales Announces CipherTrust Data Security Platform As-A-Service

Upcoming dividend of €2.24 per share at 2.1% yield

Full year 2022 earnings released

Now 21% undervalued

Thales Reinforces Its Border & Travel Offer with the New Multimodal Biometric Pod

Upcoming dividend of €0.70 per share

Now 22% undervalued

Thales S.A. to Report First Half, 2023 Results on Jul 21, 2023

Thales Encryption Key Management Innovations Help Organizations Achieve Digital Sovereignty Across Hybrid and Multi-Cloud Environments

Thales S.A. (ENXTPA:HO) completed the acquisition of Maxive Cybersecurity from Sonae Investment Management - Software & Technology, SGPS, S.A.

Thales Announces Interim Dividend for the 2022 Financial Year, Payable on December 8, 2022

Safran to Acquire Thales' Aeronautical Electrical Systems Activities

Thales Appoints Emily Tan as Country Director for Thales Singapore

First half 2022 earnings released: EPS: €2.61 (vs €1.86 in 1H 2021)

Thales S.A. (ENXTPA:HO) signed an agreement to acquire OneWelcome B.V. for €100 million.

Thales S.A. Appoints Jeff Connolly as CEO

Thales Launches HELIXVIEW, a Revolutionary Airport Scanner Allowing Passenger to Not Remove Item from Luggage

Thales S.A. Announces the New Cinterion Mv32 Modem Card That Makes It Quicker and Easier for Manufacturers to Build and Maintain Resilient

Thales S.A. (ENXTPA:HO) entered into definitive agreement to acquire Maxive Cybersecurity from Sonae Investment Management - Software & Technology, SGPS, S.A.. for €120 million.

Thales S.A. (ENXTPA:HO) entered into definitive agreement to acquire Maxive Cybersecurity from Sonae Investment Management - Software & Technology, SGPS, S.A.. for €120 million.

Upcoming dividend of €1.96 per share

Thales S.A. (ENXTPA:HO) completed the acquisition of RUAG S&T from RUAG International Holding AG.

Full year 2021 earnings released: EPS: €4.56 (vs €2.07 in FY 2020)

Thales S.A. to Report First Half, 2022 Results on Jul 22, 2022

Full year 2021 earnings: Revenues miss analyst expectations

Investor sentiment improved over the past week

Advent Reportedly Gears Up for $4.6 Billion Sale of IDEMIA

Atos' Cybersecurity Arm Is Not Up for Sale