BN · rank #8 · 2026-07-23
HO
PARIS · EUR · $53.25B (USD)
The exact numbers the algorithm saw.
| Composite score Z-score blend of the factors below; drives the rank. | -0.14 |
|---|---|
| Forward revenue growth Consensus forward revenue growth. | +8.4% |
| Forward net margin Consensus forward net margin. | +8.0% |
| Net margin TTM Trailing twelve month net margin. | +7.6% |
| Margin expansion Forward minus trailing net margin (percentage points). | +0.5% |
| Forward PEG Forward P/E to growth. Below 1 is cheap for the growth. | 1.78 |
| Debt / FCF Net debt relative to free cash flow. Lower is safer. | 1.35× |
| Analyst upside Spread between the consensus 12m target and the current price. | +27.2% |
| Last EPS surprise Most recent reported EPS versus consensus. | — |
| Market cap (USD) | $53.25B |
The AI research card
Independent qualitative review of each pick before the order is placed. On the rare day the research service is unavailable, the paper book trades on the quant ranking alone and no card appears here.
Summary
Thales S.A. is a major European aerospace, defense, and cybersecurity firm that designs and manufactures mission-critical sensors, secure communication networks, and air-defense systems.
Rationale
The bottleneck-solver thesis is validated by Thales’s €25B+ order backlog, 8.4% forward revenue growth, and its irreplaceable role as a primary systems integrator for complex European military programs.
Material risks
- 1Extreme volatility in large-scale government defense procurement timelines that can lead to quarterly order booking misses and sudden stock pullbacks.
- 2Margin compression from unexpected fiscal headwinds, including over €100 million in newly imposed French corporate and Naval Group tax surcharges for 2026.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 1 of 3 voted to proceed.