ThalesTHLLY -1.96%90 Market Cap is $52,316 Mil as of Jun. 24, 2026. GuruFocus rates THLLY with a GF Score™ of 90/100 and a GF Value™ of $42.40 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 360 Aerospace & Defense companies, Thales ranks better than 95% on this metric.
Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Thales's share price for the quarter that ended in Dec. 2025 was $54.03. Thales's Shares Outstanding (EOP) for the quarter that ended in Dec. 2025 was 1,027 Mil. Therefore, Thales's market cap for the quarter that ended in Dec. 2025 was $55,510 Mil.
Thales's quarterly market cap
increased
from Dec. 2024 ($29,329 Mil) to Jun. 2025 ($60,513 Mil) but then
declined
from Jun. 2025 ($60,513 Mil) to Dec. 2025 ($55,510 Mil).
Thales's annual market cap
declined
from Dec. 2023 ($30,521 Mil) to Dec. 2024 ($29,329 Mil) but then
increased
from Dec. 2024 ($29,329 Mil) to Dec. 2025 ($55,510 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Thales's Enterprise Value for Today is $54,235 Mil.
Thales (OTCPK:THLLY) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Thales Market Cap Related Terms
Thales Market Cap Historical Data
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The historical data trend for Thales's Market Cap 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 Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Thales's Market Cap distribution charts can be found below:
* The bar in red indicates where Thales's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Thales's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Market Cap of $52,316 Mil as of Jun. 24, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Thales and its competitors. According to the industry distribution chart, Thales ranks #18 out of 360 companies in the Aerospace & Defense industry, placing it in the top 5%.
Is Thales' Market Cap too high?
Thales' current Market Cap is $52,316 Mil. The Aerospace & Defense industry median Market Cap is 774.54. Thales' value of $52,316 Mil is 6654.4% above this industry median. Based on the distribution chart, Thales ranks #18 out of 360 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Thales has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thales' Market Cap compare to GE and RTX?
According to the Aerospace & Defense industry distribution chart, Thales ranks #18 out of 360 companies for Market Cap. This places Thales in the top 5% of its industry — outperforming the majority of peers. The industry median Market Cap is 774.54. Thales' value of $52,316 Mil is 6654.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Aerospace & Defense company?
The median Market Cap among Aerospace & Defense companies is 774.54, based on 360 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thales's current Market Cap of $52,316 Mil is 6654.4% above 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Thales and its competitors. For the Aerospace & Defense industry, the median Market Cap is 774.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thales's current Market Cap is $52,316 Mil. 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 $42.40, compared to a current price of $50.92 — trading 20.1% above its estimated fair value. The current Market Cap is $52,316 Mil and 6654.4% above the Aerospace & Defense industry median of 774.54. Thales' overall GF Score™ is 90/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Thales (THLLY), the current Market Cap is $52,316 Mil as of Jun. 24, 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 $50.92 is trading 20.1% above its estimated GF Value™ of $42.40.
GuruFocus considers Thales to be Modestly Overvalued.
Key valuation signals for THLLY:
Market Cap: $52,316 Mil
GF Value™: $42.40 vs. price of $50.92 (20.1% above fair value)
Industry Position: 6654.4% above the Aerospace & Defense median (#18 of 360)
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.
90GF Score
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