W8C Stock Overview

Develops and manufactures customizable night vision, thermal imaging, and electro-optical ISR systems for military and security applications in Europe and internationally. More details

W8C fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	3/6
Past Performance	5/6
Financial Health	5/6
Dividends	1/6

Rewards

Trading at 43.5% below our estimate of its fair value

Earnings are forecast to grow 12.63% per year

Earnings grew by 86.6% over the past year

Risk Analysis

High level of non-cash earnings

My Notes

Capture your thoughts, links and company narrative

Theon International Plc Competitors

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Price History & Performance

Summary of share price highs, lows and changes for Theon International
Historical stock prices
Current Share Price	€12.20
52 Week High	€14.40
52 Week Low	€8.45
Beta	0
1 Month Change	23.48%
3 Month Change	20.79%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	4.81%

Recent updates

Shareholder Returns

	W8C	DE Aerospace & Defense	DE Market
7D	14.2%	-0.7%	-2.6%
1Y	n/a	83.9%	6.9%

Return vs Industry: Insufficient data to determine how W8C performed against the German Aerospace & Defense industry.

Return vs Market: Insufficient data to determine how W8C performed against the German Market.

Price Volatility

Is W8C's price volatile compared to industry and market?
W8C volatility
W8C Average Weekly Movement	5.8%
Aerospace & Defense Industry Average Movement	4.6%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	11.2%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: W8C has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: W8C's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1997	303	Christianos Hadjiminas	www.theon.com

Theon International Plc develops and manufactures customizable night vision, thermal imaging, and electro-optical ISR systems for military and security applications in Europe and internationally. Its principal products are night vision monoculars and binoculars; family of night vision sights; clip-on night sights; night driver’s viewers; digital day and night cameras and upgrade kits for armoured vehicles; thermal stand-alone and clip-on uncooled sights; and vehicle and platform based thermal imaging systems. The company also offers optical and mechanical customized design, ILS, and maintenance services.

Theon International Plc Fundamentals Summary

How do Theon International's earnings and revenue compare to its market cap?
W8C fundamental statistics
Market cap	€865.20m
Earnings (TTM)	€60.81m
Revenue (TTM)	€325.57m

14.2x

P/E Ratio

2.7x

P/S Ratio

Is W8C overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
W8C income statement (TTM)
Revenue	€325.57m
Cost of Revenue	€223.67m
Gross Profit	€101.91m
Other Expenses	€41.10m
Earnings	€60.81m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.87
Gross Margin	31.30%
Net Profit Margin	18.68%
Debt/Equity Ratio	32.9%

How did W8C perform over the long term?

See historical performance and comparison

Dividends

1.7%

Current Dividend Yield

29%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 15:46
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Theon International Plc is covered by 1 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Hendrik Stahlschmidt	Stifel, Equities Research

Theon International DB:W8C Stock Report