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ThalesTHLLY +1.58%89 EV-to-EBIT is 20.00 as of Jul. 17, 2026, which is 0% below its 10-year median of 20.08. GuruFocus rates THLLY with a GF Score™ of 89/100 and a GF Value™ of $42.52 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 253 Aerospace & Defense companies, Thales ranks better than 66.8% on this metric.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Thales's Enterprise Value is $54,111 Mil.
Thales's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $2,706 Mil. Therefore, Thales's EV-to-EBIT for today is 20.00.
The historical rank and industry rank for Thales's EV-to-EBIT or its related term are showing as below:
THLLY'
s EV-to-EBIT Range Over the Past 10 Years
Min: 9.93 Med: 20.08 Max: 38.85
Current: 20
During the past 13 years, the highest EV-to-EBIT of Thales was 38.85. The lowest was 9.93. And the median was 20.08.
THLLY's EV-to-EBIT is ranked better than 66.8% of 253
companies
in the Aerospace & Defense industry
Industry Median: 27.35
vs THLLY: 20.00
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Thales's Enterprise Value for the quarter that ended in Dec. 2025 was $57,451 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Thales's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $2,706 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Thales EV-to-EBIT Related Terms
Thales EV-to-EBIT Historical Data
* Premium members only.
The historical data trend for Thales's EV-to-EBIT can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Aerospace & Defense subindustry, Thales's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Thales EV-to-EBIT vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Thales's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Thales's EV-to-EBIT falls into.
Thales's current Enterprise Value is $54,111 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Thales's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $2,706 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Thales (THLLY) has a EV-to-EBIT of 20.00 as of Jul. 17, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Thales and its competitors. This is near median its historical median of 20.08. Over the past decade, Thales' EV-to-EBIT has ranged from 9.93 to 38.85. According to the industry distribution chart, Thales ranks #84 out of 253 companies in the Aerospace & Defense industry, placing it in the top 33.2%.
Is Thales' EV-to-EBIT too high?
Thales' current EV-to-EBIT of 20.00 is near median its 10-year median of 20.08. Over the past 10 years, this metric has ranged from a low of 9.93 to a high of 38.85. The Aerospace & Defense industry median EV-to-EBIT is 27.35. Thales' value of 20.00 is 26.9% below this industry median. Based on the distribution chart, Thales ranks #84 out of 253 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Thales has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thales' EV-to-EBIT compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Thales ranks #84 out of 253 companies for EV-to-EBIT. This puts Thales in the upper half of its industry. The industry median EV-to-EBIT is 27.35. Thales' value of 20.00 is 26.9% below this benchmark. Historically, Thales' own EV-to-EBIT has ranged from 9.93 to 38.85 over the past decade. While the company's 10-year median is 20.08 vs. the industry median of 27.35, Thales has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for an Aerospace & Defense company?
The median EV-to-EBIT among Aerospace & Defense companies is 27.35, based on 253 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thales's current EV-to-EBIT of 20.00 is 26.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Thales and its competitors. For the Aerospace & Defense industry, the median EV-to-EBIT is 27.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thales's current EV-to-EBIT is 20.00, which is near median its own 10-year median of 20.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thales stock overvalued right now?
Based on GuruFocus' analysis, Thales (THLLY) is currently considered Modestly Overvalued. The stock's GF Value™ is $42.52, compared to a current price of $50.82 — trading 19.5% above its estimated fair value. The current EV-to-EBIT is 20.00, which is near median its 10-year median of 20.08 and 26.9% below the Aerospace & Defense industry median of 27.35. Thales' overall GF Score™ is 89/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Thales (THLLY), the current EV-to-EBIT is 20.00 as of Jul. 17, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Thales (THLLY) Overvalued in 2026?
Based on GuruFocus' analysis, Thales stock appears to be overvalued.
The current stock price of $50.82 is trading 19.5% above its estimated GF Value™ of $42.52.
GuruFocus considers Thales to be Modestly Overvalued.
Key valuation signals for THLLY:
EV-to-EBIT: 20.00 (near median its 10-year median of 20.08)
GF Value™: $42.52 vs. price of $50.82 (19.5% above fair value)
Industry Position: 26.9% below the Aerospace & Defense median (#84 of 253)
No single metric tells the full story. See the THLLY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thales is a French aerospace and defense industrial and one of Europe's largest defense contractors. The company has three segments: defense and security provides sensors, mission systems, communications, and control systems to European and export defense customers; aerospace sells avionics and satellites to the civil, defense, and governmental markets; and digital identity and security provides biometric, data, and identity security solutions, payments services, and the manufacturing of SIM cards.
89GF Score
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EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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