Thales (BATS-CHIXE:HOP) - Stock Price, News & Analysis

HOP Stock Overview

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

HOP 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 53.1% 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 24.1%

Risk Analysis

Has a high level of debt

Large one-off items impacting financial results

Unstable dividend track record

Thales S.A. Competitors

BAE Systems

LSE:BA.

UK£38.8b

Rolls-Royce Holdings

LSE:RR.

UK£45.9b

Babcock International Group

LSE:BAB

UK£2.6b

QinetiQ Group

LSE:QQ.

UK£2.4b

Price History & Performance

Summary of all time highs, changes and price drops for Thales
Historical stock prices
Current Share Price	€144.95
52 Week High	€171.00
52 Week Low	€133.53
Beta	0.59
11 Month Change	-5.75%
3 Month Change	-2.54%
1 Year Change	n/a
33 Year Change	84.77%
5 Year Change	67.22%
Change since IPO	453.67%

Recent updates

Shareholder Returns

	HOP	GB Aerospace & Defense	GB Market
7D	-4.4%	0.2%	2.2%
1Y	n/a	21.0%	8.8%

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

Return vs Market: Insufficient data to determine how HOP performed against the UK Market.

Price Volatility

Is HOP's price volatile compared to industry and market?
HOP volatility
HOP Average Weekly Movement	4.4%
Aerospace & Defense Industry Average Movement	4.8%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	10.2%
10% least volatile stocks in GB Market	2.6%

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

Volatility Over Time: Insufficient data to determine HOP's volatility change 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?
HOP fundamental statistics
Market cap	€29.13b
Earnings (TTM)	€953.30m
Revenue (TTM)	€19.21b

30.6x

P/E Ratio

1.5x

P/S Ratio

Is HOP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HOP 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

n/a

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

How did HOP perform over the long term?

See historical performance and comparison

Dividends

2.4%

Current Dividend Yield

56%

Payout Ratio

Does HOP pay a reliable dividends?

See HOP dividend history and benchmarks

When do you need to buy HOP 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	6 days
Days until Dividend pay date	8 days

Does HOP pay a reliable dividends?

See HOP dividend history and benchmarks

HOP Stock Overview

Rewards

Risk Analysis

Thales S.A. Competitors

LSE:BA.

UK£38.8b

LSE:RR.

UK£45.9b

LSE:BAB

UK£2.6b

LSE:QQ.

UK£2.4b

Price History & Performance

Recent News & Updates

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

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

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

Recent updates

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

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

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

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

New minor risk - Financial position

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

Now 22% undervalued after recent price drop

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

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

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

Now 21% undervalued

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

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.

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

Full year 2022 earnings released: EPS: €5.25 (vs €4.56 in FY 2021)

Now 21% undervalued

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

Upcoming dividend of €0.70 per share

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.

Now 20% undervalued

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

Thales Reportedly to Buy the Cybersecurity Business of Atos SE

Thales Launches New IoT Connectivity Solution with Improved Reliability and Security for Smart Devices

Upcoming dividend of €0.60 per share

Sopra Steria Has Not Made M&A Approach to Atos

Hitachi Rail Limited entered into an agreement Ground Transportation Systems Business from Thales S.A. (ENXTPA:HO) for an enterprise value of €1.7 billion.

Thales Confirms Talks to Sell Ground Systems Unit to Hitachi Rail

First half 2021 earnings released: EPS €2.03 (vs €0.31 in 1H 2020)