Stocktoria
Thales S.A. HO.PA
Thales S.A. statistics & valuation
Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (€84.23); a green figure means the price is below it.
Profitability & efficiency
Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).
P / E vs its own history
Thales S.A. trades at about 33× earnings — above its 10-year norm (10-year range 22.7×–31.5×, median 27.7×).
Shaded band = 10-year range (22.7×–31.5×); dot = today's 33×.
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 |
Computed from company filings · FR · as of 2025-12-31. Figures in EUR. Facts plus Stocktoria's own computed scores — not investment advice.