Stocktoria
Thales S.A. HO.PA
FR · Euronext Paris · XPAR · stock · Industrials · website
Thales S.A. statistics & valuation
Market cap$46.2B
P / E27.6×
P / S2.1×
P / B5.8×
P / FCF18.0×
Dividend yield1.69%
Net margin7.6%
Return on equity21.0%
FCF margin11.6%
Multiples are price-derived and refreshed daily; everything else is from filings.
P / E vs its own history
Thales S.A. trades at about 27.7× earnings — near its 10-year norm (10-year range 22.7×–31.5×, median 27.7×).
22.7×
31.5×
Shaded band = 10-year range (22.7×–31.5×); dot = today's 27.7×.
Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.
Key ratios (by fiscal year)
| Ratio | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Gross margin | 26.4% | 26.1% | 25.9% | 25.4% |
| Operating margin | 10.0% | 8.8% | 9.0% | 8.2% |
| Net margin | 7.6% | 6.9% | 5.6% | 6.4% |
| FCF margin | 11.6% | 9.8% | 4.8% | 14.2% |
| Return on assets | 4.3% | 3.5% | 2.6% | 3.3% |
| Return on equity | 21.0% | 18.9% | 15.0% | 15.6% |
| Current ratio | 0.84 | 0.83 | 0.89 | 1.01 |
Source: company filings via Yahoo Finance · FR · as of 2025-12-31. Figures in EUR; non-US fundamentals are aggregated by Yahoo (shorter history); facts plus Stocktoria's own computed scores — not investment advice.