THALES chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 78.88
Dividend & Yield2.66€ (1.99%)
Beta 0.62
Market capitalization 28.22B
Operating cash flow 3.13B
ESG Scores 28.7

Company description

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.

Sector: Industrials - Industry: Aerospace & Defense

Financial Ratios
Quick Ratio0.89
Working Capital0.96
Return On Equity0.17
Debt To Equity0.51
Fixed Asset Ratio0.13
Fixed Interest Cover22.43

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 332.2M 87.8M -592.3M 1.54B
Total Cashflows From Investing Activities -348.8M -4.62B -372.4M -493.4M
Net Borrowings 1.06B 632.7M 1.42B -1.71B
Total Cash From Financing Activities 617.2M 128.3M 1.32B -2.17B
Change To Operating Activities 89M -10.8M -303.3M 220M
Issuance Of Stock
Net Income 981.8M 1.12B 483.4M 1.09B
Change In Cash 1.35B -2.71B 2.07B 212.5M
Effect Of Exchange Rate -6.3M 10.6M -42.3M 41.8M
Total Cash From Operating Activities 1.09B 1.77B 1.17B 2.83B
Depreciation 468.7M 1.09B 1.1B 1.04B
Change To Account Receivables -853.3M -321.4M 182.6M -1.06B
Other Cashflows From Financing Activities -41.8M -18.3M -12.1M -13.5M
Change To Netincome 144.7M -122.9M 47.8M -94.3M
Capital Expenditures -323.8M -407.8M -310M -381.2M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development 879.4M 1.1B 942.9M 1.03B
Income Before Tax 1.34B 1.45B 514.1M 1.16B
Net Income 981.8M 1.12B 483.4M 1.09B
Selling General Administrative 1.69B 2.09B 1.78B 1.79B
Gross Profit 3.99B 4.52B 3.58B 4.03B
Ebit 1.41B 1.34B 857.8M 1.21B
Operating Income 1.41B 1.34B 857.8M 1.21B
Interest Expense -26.5M -62.9M -62.3M -54.1M
Income Tax Expense 314.2M 301M 64.5M 147.7M
Total Revenue 15.85B 18.4B 15.37B 16.19B
Cost Of Revenue 11.87B 13.88B 11.79B 12.16B
Total Other Income ExpenseNet -69.8M 110.7M -343.7M -48.9M
Net Income From Continuing Ops 1.03B 1.15B 449.6M 1.02B
Net Income Applicable To Common Shares 981.8M 1.12B 483.4M 1.09B

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 19.58B 25.54B 26.46B 26.12B
Total Stockholder Equity 5.7B 5.45B 5.14B 6.48B
Other Current Liabilities 8.15B 9.59B 9.55B 11.92B
Total Assets 25.51B 31.22B 31.8B 32.84B
Common Stock 639.3M 640M 640.1M 640.2M
Other Current Assets 892.5M 834.2M 862.6M 3.43B
Retained Earnings 1.33B 1.07B 737.2M 2.12B
Treasury Stock -341.1M -331.3M -310.4M -359.3M
Cash 5.64B 2.93B 5B 5.05B
Total Current Liabilities 14.62B 17.49B 17.18B 18.57B
Other Stockholder Equity -273.8M -274.8M -271.8M -321.6M
Property, Plant, and Equipment 1.81B 3.83B 3.57B 3.4B
Total Current Assets 16.97B 15.88B 17.43B 19.7B
Net Tangible Assets 1.52B -3.28B -3.12B -638.5M
Net Receivables 7.26B 8.56B 8.23B 8.14B
Accounts Payable 6.15B 2.96B 2.22B 2.07B


Insider Transactions

Here are the insider transactions of stock shares related to THALES:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to THALES. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on THALES

Here is the result of two systematic investment strategies applied to THALES. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on THALES

The following chart shows the equity curve of the two systematic investment strategies applied to THALES:

THALES automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -9.51% on the backtest period.

Performance at glance

Performance

-9.51 %

Latent gain

-162.42 €

Invested capital

1707.12 €

Annualized return

-2.33 %
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Momentum strategy results on THALES

This is the result of two momentum investment strategies applied to THALES. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on THALES

The following chart shows all the entries opened by the momentum investment system on THALES:

THALES momentum entries
  • The first momentum investment strategy would give -1.36% of return on THALES. That represents -70.42€ of latent gain with 5192.32€ of employed capital.
  • The second momentum investment strategy would give 2.59% of return on THALES. That represents 61.66€ of latent gain with 2377.34€ of employed capital.
Performance at glance (1Q Momentum)

Performance

-1.36 %

Latent gain

-70.42 €

Invested capital

5192.32 €

Annualized return

-3.44 %
Performance at glance (2Q Momentum)

Performance

2.59 %

Latent gain

61.66 €

Invested capital

2377.34 €

Annualized return

0.72 %

Momentum equity curve on THALES

The following chart shows the equity curve of the two momentum strategies applied to THALES:

THALES momentum equity

Note: the dividends potentially given by THALES are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on THALES

The following chart shows the employed capital evolution of the two momentum strategies on THALES since the beginning:

THALES

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250€, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000€.


Buy the dip strategy result on THALES

Buy the dip entry openings on THALES

THALES

The performance achieved by the robo-advisor on THALES is -7.16%. That represents -37.62$ of latent gain with 525.42€ of employed capital. The following chart shows THALES stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of THALES, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-7.16 %

Latent gain

-37.62 €

Invested capital

525.42 €

Annualized return

-3.44 %

Equity curve of the strategy applied to THALES

The following chart shows the result of the investment strategy applied to THALES:

THALES

Note: the dividends potentially given by THALES are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on THALES

The following chart shows the employed capital evolution since the beginning of the investment strategy on THALES:

THALES

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on THALES

In this section, I will compare the three previous investment strategies applied to THALES.

Equity curve comparison on THALES

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

THALES investment strategy comparison

Employed capital comparison on THALES

THALES investment comparison

Performance comparison on THALES

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -9.51% -162.42€ 1707.12€ -2.33%
Momentum 1 quarter -1.36% -70.42€ 5192.32€ -0.35%
Momentum 2 quarters 2.59% 61.66€ 2377.34€ 0.72%
Non-directional -7.16% -37.62€ 525.42€ -3.44%
Annualized return comparison

Automatic investment

-2.33 %

Momentum 1Q

0.72 %

Momentum 2Q

0.72 %

Non-directional

-3.44 %

Correlated stocks

Here are the most positively and negatively correlated stocks with THALES:

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months


Note: The algorithm computes the probability of correlation between THALES and the other stocks. There may be false positives or some missing correlated stocks. If the price of THALES does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name THALES
Country France
City Courbevoie
Address Tour Carpe Diem
Phone 33 1 57 77 80 00
Website www.thalesgroup.com/en
FullTime employees 76135
Industry Aerospace & Defense
Sector Industrials
Exchange XPAR
Ticker HO.XPAR
Market www.euronext.com

THALES ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 8.1
Peer Environment Performance 8.6685714285714
Environment Percentile unknown
Palm Oil no
Nuclear no
Fur Leather no
GMO no
Coal no
Pesticides no
Animal Testing no

Social scores

Social ESG Factors Scores
Social Score 13.2
Peer Social Performance 13.824285714286
Social Percentile unknown
Highest Controversy 2
Peer Highest Controversy Performance 2.0714285714286
Adult no
Gambling no
Alcoholic no
Tobacco no
Catholic no
Controversial Weapons yes
Small Arms no
Military Contract no
Peer Count yes

Related Controversy: Customer IncidentsSociety & Community IncidentsBusiness Ethics Incidents


Governance scores

Governance ESG Factors Scores
Governance Score 7.4
Peer Governance Performance 6.9071428571429
Governance Percentile unknown

ESG at glance
Total ESG Scores: 28.7
Environment Score: 8.1
Social Score: 13.2
Governance Score: 7.4

ESG Performance: AVG_PERF

Peer Group: Aerospace & Defense

Peer Esg Score Performance: 29.400714285714

Rating Year: 2023

Rating Month: 1

Max Age: 86400

Percentile: 60