Thales S.A. Logo

Thales S.A.

THLEF

(2.8)
Stock Price

161,47 USD

4.09% ROA

40.24% ROE

26.03x PER

Market Cap.

28.705.961.259,15 USD

76.27% DER

2.39% Yield

5.89% NPM

Thales S.A. Stock Analysis

Thales S.A. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Thales S.A. Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (16.41%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 Assets Growth

With a track record of consistent revenue growth in the past five years, this company presents a compelling opportunity.

3 Dividend

Shareholders can rely on the company's remarkable dividend history, consistently paying dividends for the past five years, demonstrating a steadfast dedication to rewarding investors.

4 ROA

The stock's ROA (4.09%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

5 DER

The stock maintains a fair debt to equity ratio (76%), indicating a reasonable balance between the money it owes and the ownership it possesses.

6 Revenue Growth

Over the past three years, this company's revenue has consistently grown, demonstrating a positive financial trend that makes it an appealing choice.

7 Net Profit Growth

The net profit of this company has shown steady growth over the past three years, highlighting its positive financial trajectory and making it an appealing choice for potential investors.

8 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (2.548) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

9 PBV

The stock's high Price-to-Book Value (P/BV) ratio (3.95x) suggests it's overvalued, potentially making it an expensive investment.

10 Graham Number

The Graham number calculation reveals that this company's stock price is potentially inflated, implying that it may not be a desirable investment option.

11 Dividend Growth

Investors should note the company's stagnant dividend growth over the past three years, indicating limited profitability and potentially diminishing returns.

Thales S.A. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Thales S.A. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

Thales S.A. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Thales S.A. Revenue
Year Revenue Growth
2001 10.268.000.000
2002 11.105.100.000 7.54%
2003 10.569.400.000 -5.07%
2004 10.282.800.000 -2.79%
2005 10.263.200.000 -0.19%
2006 10.264.300.000 0.01%
2007 12.295.600.000 16.52%
2008 12.664.800.000 2.92%
2009 12.881.500.000 1.68%
2010 13.124.800.000 1.85%
2011 13.028.400.000 -0.74%
2012 14.158.100.000 7.98%
2013 14.194.100.000 0.25%
2014 12.973.600.000 -9.41%
2015 14.063.200.000 7.75%
2016 14.884.800.000 5.52%
2017 15.795.400.000 5.76%
2018 15.854.700.000 0.37%
2019 18.401.100.000 13.84%
2020 16.988.900.000 -8.31%
2021 16.192.000.000 -4.92%
2022 17.568.800.000 7.84%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Thales S.A. Research and Development Expenses
Year Research and Development Expenses Growth
2001 432.300.000
2002 430.100.000 -0.51%
2003 380.700.000 -12.98%
2004 367.900.000 -3.48%
2005 -366.000.000 200.52%
2006 360.800.000 201.44%
2007 443.400.000 18.63%
2008 440.200.000 -0.73%
2009 550.500.000 20.04%
2010 612.300.000 10.09%
2011 619.200.000 1.11%
2012 687.400.000 9.92%
2013 673.100.000 -2.12%
2014 641.400.000 -4.94%
2015 692.000.000 7.31%
2016 736.100.000 5.99%
2017 802.200.000 8.24%
2018 881.400.000 8.99%
2019 1.098.500.000 19.76%
2020 1.024.700.000 -7.2%
2021 1.026.900.000 0.21%
2022 1.063.600.000 3.45%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Thales S.A. General and Administrative Expenses
Year General and Administrative Expenses Growth
2001 688.600.000
2002 682.400.000 -0.91%
2003 677.600.000 -0.71%
2004 -365.000.000 285.64%
2005 212.500.000 271.76%
2006 652.700.000 67.44%
2007 2.242.400.000 70.89%
2008 558.700.000 -301.36%
2009 543.400.000 -2.82%
2010 529.700.000 -2.59%
2011 543.200.000 2.49%
2012 615.200.000 11.7%
2013 596.000.000 -3.22%
2014 519.300.000 -14.77%
2015 531.800.000 2.35%
2016 543.500.000 2.15%
2017 549.500.000 1.09%
2018 554.300.000 0.87%
2019 636.700.000 12.94%
2020 613.100.000 -3.85%
2021 545.000.000 -12.5%
2022 598.500.000 8.94%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Thales S.A. EBITDA
Year EBITDA Growth
2001 969.100.000
2002 904.300.000 -7.17%
2003 979.700.000 7.7%
2004 925.600.000 -5.84%
2005 2.591.600.000 64.28%
2006 2.694.300.000 3.81%
2007 1.704.400.000 -58.08%
2008 1.241.800.000 -37.25%
2009 463.700.000 -167.8%
2010 337.700.000 -37.31%
2011 1.324.800.000 74.51%
2012 1.459.300.000 9.22%
2013 1.520.500.000 4.02%
2014 1.417.400.000 -7.27%
2015 1.689.000.000 16.08%
2016 1.824.000.000 7.4%
2017 1.980.800.000 7.92%
2018 2.086.700.000 5.07%
2019 2.667.200.000 21.76%
2020 2.180.600.000 -22.31%
2021 2.383.800.000 8.52%
2022 2.698.300.000 11.66%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Thales S.A. Gross Profit
Year Gross Profit Growth
2001 2.411.900.000
2002 2.377.600.000 -1.44%
2003 2.366.500.000 -0.47%
2004 2.343.900.000 -0.96%
2005 2.412.100.000 2.83%
2006 2.430.700.000 0.77%
2007 2.734.700.000 11.12%
2008 2.744.800.000 0.37%
2009 2.248.100.000 -22.09%
2010 2.096.200.000 -7.25%
2011 2.961.300.000 29.21%
2012 3.290.000.000 9.99%
2013 3.349.400.000 1.77%
2014 3.181.800.000 -5.27%
2015 3.375.100.000 5.73%
2016 3.610.200.000 6.51%
2017 3.844.200.000 6.09%
2018 4.087.200.000 5.95%
2019 4.523.800.000 9.65%
2020 3.935.200.000 -14.96%
2021 4.033.100.000 2.43%
2022 4.455.400.000 9.48%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Thales S.A. Net Profit
Year Net Profit Growth
2001 -366.200.000
2002 111.100.000 429.61%
2003 112.400.000 1.16%
2004 325.500.000 65.47%
2005 343.100.000 5.13%
2006 391.100.000 12.27%
2007 888.700.000 55.99%
2008 560.400.000 -58.58%
2009 -201.600.000 377.98%
2010 -107.600.000 -87.36%
2011 511.500.000 121.04%
2012 535.700.000 4.52%
2013 573.400.000 6.57%
2014 714.200.000 19.71%
2015 765.100.000 6.65%
2016 946.400.000 19.16%
2017 821.700.000 -15.18%
2018 981.800.000 16.31%
2019 1.121.900.000 12.49%
2020 483.400.000 -132.09%
2021 1.088.800.000 55.6%
2022 1.120.600.000 2.84%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Thales S.A. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2001 -2
2002 1 0%
2003 1 0%
2004 2 100%
2005 2 -100%
2006 2 50%
2007 5 50%
2008 3 -100%
2009 -1 300%
2010 -1 0%
2011 3 100%
2012 3 0%
2013 3 0%
2014 3 33.33%
2015 4 0%
2016 4 25%
2017 3 -33.33%
2018 5 25%
2019 5 20%
2020 2 -150%
2021 5 60%
2022 5 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Thales S.A. Free Cashflow
Year Free Cashflow Growth
2001 131.400.000
2002 -111.800.000 217.53%
2003 261.300.000 142.79%
2004 48.000.000 -444.38%
2005 218.800.000 78.06%
2006 341.500.000 35.93%
2007 984.900.000 65.33%
2008 820.800.000 -19.99%
2009 1.164.900.000 29.54%
2010 522.800.000 -122.82%
2011 313.100.000 -66.98%
2012 582.600.000 46.26%
2013 380.900.000 -52.95%
2014 402.600.000 5.39%
2015 994.300.000 59.51%
2016 857.600.000 -15.94%
2017 1.274.400.000 32.71%
2018 699.500.000 -82.19%
2019 1.266.900.000 44.79%
2020 950.200.000 -33.33%
2021 2.255.900.000 57.88%
2022 2.490.800.000 9.43%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Thales S.A. Operating Cashflow
Year Operating Cashflow Growth
2001 667.000.000
2002 305.800.000 -118.12%
2003 636.800.000 51.98%
2004 358.600.000 -77.58%
2005 609.600.000 41.17%
2006 753.600.000 19.11%
2007 984.900.000 23.48%
2008 820.800.000 -19.99%
2009 1.155.000.000 28.94%
2010 522.800.000 -120.93%
2011 577.200.000 9.42%
2012 1.019.900.000 43.41%
2013 834.600.000 -22.2%
2014 875.200.000 4.64%
2015 1.467.700.000 40.37%
2016 1.337.900.000 -9.7%
2017 1.713.300.000 21.91%
2018 1.092.700.000 -56.8%
2019 1.770.200.000 38.27%
2020 1.345.600.000 -31.55%
2021 2.706.700.000 50.29%
2022 3.025.400.000 10.53%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Thales S.A. Capital Expenditure
Year Capital Expenditure Growth
2001 535.600.000
2002 417.600.000 -28.26%
2003 375.500.000 -11.21%
2004 310.600.000 -20.9%
2005 390.800.000 20.52%
2006 412.100.000 5.17%
2007 0 0%
2008 0 0%
2009 -9.900.000 100%
2010 0 0%
2011 264.100.000 100%
2012 437.300.000 39.61%
2013 453.700.000 3.61%
2014 472.600.000 4%
2015 473.400.000 0.17%
2016 480.300.000 1.44%
2017 438.900.000 -9.43%
2018 393.200.000 -11.62%
2019 503.300.000 21.88%
2020 395.400.000 -27.29%
2021 450.800.000 12.29%
2022 534.600.000 15.68%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Thales S.A. Equity
Year Equity Growth
2001 2.118.300.000
2002 2.109.900.000 -0.4%
2003 1.971.000.000 -7.05%
2004 1.549.100.000 -27.24%
2005 2.020.800.000 23.34%
2006 2.279.200.000 11.34%
2007 3.877.600.000 41.22%
2008 3.948.900.000 1.81%
2009 3.743.600.000 -5.48%
2010 3.671.800.000 -1.96%
2011 4.120.200.000 10.88%
2012 4.576.200.000 9.96%
2013 3.911.000.000 -17.01%
2014 3.771.400.000 -3.7%
2015 4.645.900.000 18.82%
2016 4.640.100.000 -0.12%
2017 5.325.900.000 12.88%
2018 5.924.500.000 10.1%
2019 5.682.100.000 -4.27%
2020 5.309.900.000 -7.01%
2021 6.724.500.000 21.04%
2022 7.381.500.000 8.9%
2023 7.271.400.000 -1.51%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Thales S.A. Assets
Year Assets Growth
2001 19.351.400.000
2002 18.208.500.000 -6.28%
2003 18.350.600.000 0.77%
2004 13.501.000.000 -35.92%
2005 13.887.400.000 2.78%
2006 15.021.700.000 7.55%
2007 17.696.400.000 15.11%
2008 17.935.700.000 1.33%
2009 18.007.600.000 0.4%
2010 19.020.400.000 5.32%
2011 21.075.500.000 9.75%
2012 21.332.400.000 1.2%
2013 21.494.800.000 0.76%
2014 19.990.700.000 -7.52%
2015 21.560.200.000 7.28%
2016 22.689.600.000 4.98%
2017 23.332.100.000 2.75%
2018 25.505.800.000 8.52%
2019 31.223.400.000 18.31%
2020 31.807.800.000 1.84%
2021 32.840.800.000 3.15%
2022 34.420.500.000 4.59%
2023 35.193.300.000 2.2%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Thales S.A. Liabilities
Year Liabilities Growth
2001 17.177.700.000
2002 16.040.600.000 -7.09%
2003 16.292.800.000 1.55%
2004 11.899.700.000 -36.92%
2005 11.784.600.000 -0.98%
2006 12.727.500.000 7.41%
2007 13.815.500.000 7.88%
2008 13.983.900.000 1.2%
2009 14.253.800.000 1.89%
2010 15.339.100.000 7.08%
2011 16.945.600.000 9.48%
2012 16.746.000.000 -1.19%
2013 17.553.900.000 4.6%
2014 15.920.800.000 -10.26%
2015 16.618.400.000 4.2%
2016 17.823.600.000 6.76%
2017 17.776.600.000 -0.26%
2018 19.581.300.000 9.22%
2019 25.541.300.000 23.33%
2020 26.497.900.000 3.61%
2021 26.116.300.000 -1.46%
2022 27.039.000.000 3.41%
2023 27.921.900.000 3.16%

Thales S.A. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
82.94
Net Income per Share
5.29
Price to Earning Ratio
26.03x
Price To Sales Ratio
1.63x
POCF Ratio
9.64
PFCF Ratio
11.52
Price to Book Ratio
4.07
EV to Sales
1.66
EV Over EBITDA
10.78
EV to Operating CashFlow
9.61
EV to FreeCashFlow
11.67
Earnings Yield
0.04
FreeCashFlow Yield
0.09
Market Cap
28,71 Bil.
Enterprise Value
29,08 Bil.
Graham Number
63.49
Graham NetNet
-93.95

Income Statement Metrics

Net Income per Share
5.29
Income Quality
2.7
ROE
0.16
Return On Assets
0.05
Return On Capital Employed
0.21
Net Income per EBT
0.93
EBT Per Ebit
0.71
Ebit per Revenue
0.09
Effective Tax Rate
0.21

Margins

Sales, General, & Administrative to Revenue
0.03
Research & Developement to Revenue
0.06
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.26
Operating Profit Margin
0.09
Pretax Profit Margin
0.06
Net Profit Margin
0.06

Dividends

Dividend Yield
0.02
Dividend Yield %
2.39
Payout Ratio
0.5
Dividend Per Share
3.29

Operating Metrics

Operating Cashflow per Share
14.28
Free CashFlow per Share
11.76
Capex to Operating CashFlow
-0.18
Capex to Revenue
-0.03
Capex to Depreciation
-0.5
Return on Invested Capital
0.09
Return on Tangible Assets
0.04
Days Sales Outstanding
0
Days Payables Outstanding
69.8
Days of Inventory on Hand
102.22
Receivables Turnover
0
Payables Turnover
5.23
Inventory Turnover
3.57
Capex per Share
-2.52

Balance Sheet

Cash per Share
25,02
Book Value per Share
33,87
Tangible Book Value per Share
1.63
Shareholders Equity per Share
33.87
Interest Debt per Share
26.32
Debt to Equity
0.76
Debt to Assets
0.16
Net Debt to EBITDA
0.14
Current Ratio
1.01
Tangible Asset Value
0,35 Bil.
Net Current Asset Value
-6,03 Bil.
Invested Capital
0.76
Working Capital
0,27 Bil.
Intangibles to Total Assets
0.2
Average Receivables
0,00 Bil.
Average Payables
2,29 Bil.
Average Inventory
3504150000
Debt to Market Cap
0.19

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Thales S.A. Dividends
Year Dividends Growth
2013 0
2014 2 100%
2015 1 0%
2016 2 0%
2017 2 0%
2018 2 50%
2019 1 0%
2020 0 0%
2021 2 100%
2022 3 0%
2023 2 0%

Thales S.A. Profile

About Thales S.A.

Thales S.A. provides various solutions for civilian and military customers in the aeronautics, space, defense, security, ground transportation, and digital security markets worldwide. It operates through Aerospace, Transport, Defence & Security, and Digital Identity & Security 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. It also provides air traffic management solutions; flight decks and avionics equipment and functions; in-flight entertainment and connectivity systems and services; electrical systems; aerospace training solutions; navigation solutions; support and services for avionics equipment; and vision systems. In addition, the company designs, operates, and delivers satellite-based systems for telecommunications, navigation, earth observation, environmental management, exploration, and science and orbital infrastructures; signaling, communications and supervision, and fare collection management systems and related services; cybersecurity and railway digitalization systems; and main line rail, and urban and intermodal mobility solutions. Further, it provides solutions for various markets and applications, including radiology, radio frequency, microwave sources, training and simulation solutions, lasers, and microelectronics solutions for science, industry, space, defense, automotive, railways, and energy conversion platforms. Thales S.A. has a strategic agreement with Google LLC. The company was formerly known as Thomson-CSF and changed its name to Thales S.A. in 2000. Thales S.A. was founded in 1893 and is headquartered in Courbevoie, France.

CEO
Mr. Patrice Caine
Employee
81.060
Address
Tour Carpe Diem
Courbevoie, 92400

Thales S.A. Executives & BODs

Thales S.A. Executives & BODs
# Name Age
1 Mr. Philippe Knoche
Senior Executive Vice President of Operations & Performance
70
2 Mr. Pascal Bouchiat
Senior EVice President of Finance & Information Systems and Chief Financial Officer
70
3 Mr. Jean-Claude Climeau
Head of Group Treasury & Corporate Finance and Vice President
70
4 Ms. Peggy Nahmany
Executive Vice President of Communications
70
5 Ms. Isabelle Simon
Executive Vice President, Group Secretary & General Counsel
70
6 Ms. Alexandra Baubigeat Boucheron
Vice President & Head of IR
70
7 Mr. Patrice Caine
Chairman & Chief Executive Officer
70
8 Mr. Philippe Keryer
Executive Vice President of Strategy, Research & Technology
70
9 Mr. Marko Erman
Senior Vice President & Chief Scientific Officer
70
10 Mr. Pierre Schaeffer
Chief Marketing Officer & Senior Vice President
70

Thales S.A. Competitors