Logo image of THEON.AS

THEON INTERNATIONAL PLC (THEON.AS) Stock Fundamental Analysis

AMS:THEON - Euronext Amsterdam - CY0200751713 - Common Stock - Currency: EUR

33.4  +0.1 (+0.3%)

Fundamental Rating

6

Overall THEON gets a fundamental rating of 6 out of 10. We evaluated THEON against 41 industry peers in the Aerospace & Defense industry. THEON has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. THEON shows excellent growth, but is valued quite expensive already. These ratings would make THEON suitable for growth and quality investing!


Dividend Valuation Growth Profitability Health

Quickly go to:

7

1. Profitability

1.1 Basic Checks

In the past year THEON was profitable.
In the past year THEON has reported a negative cash flow from operations.
THEON had positive earnings in each of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: THEON reported negative operating cash flow in multiple years.
THEON.AS Yearly Net Income VS EBIT VS OCF VS FCFTHEON.AS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2020 2021 2022 2023 2024 0 20M -20M 40M 60M 80M

1.2 Ratios

Looking at the Return On Assets, with a value of 17.18%, THEON belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
THEON has a better Return On Equity (30.05%) than 92.68% of its industry peers.
With an excellent Return On Invested Capital value of 23.07%, THEON belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for THEON is significantly above the industry average of 9.24%.
The 3 year average ROIC (30.61%) for THEON is well above the current ROIC(23.07%). The reason for the recent decline needs to be investigated.
Industry RankSector Rank
ROA 17.18%
ROE 30.05%
ROIC 23.07%
ROA(3y)18.12%
ROA(5y)19.46%
ROE(3y)41.15%
ROE(5y)46.12%
ROIC(3y)30.61%
ROIC(5y)30.69%
THEON.AS Yearly ROA, ROE, ROICTHEON.AS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2020 2021 2022 2023 2024 10 20 30 40 50

1.3 Margins

THEON has a Profit Margin of 19.13%. This is amongst the best in the industry. THEON outperforms 100.00% of its industry peers.
THEON's Profit Margin has declined in the last couple of years.
THEON's Operating Margin of 24.84% is amongst the best of the industry. THEON outperforms 100.00% of its industry peers.
In the last couple of years the Operating Margin of THEON has declined.
THEON has a Gross Margin (30.99%) which is in line with its industry peers.
THEON's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 24.84%
PM (TTM) 19.13%
GM 30.99%
OM growth 3Y-7.66%
OM growth 5YN/A
PM growth 3Y-6.84%
PM growth 5YN/A
GM growth 3Y-9.46%
GM growth 5YN/A
THEON.AS Yearly Profit, Operating, Gross MarginsTHEON.AS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2020 2021 2022 2023 2024 10 20 30 40

More info and screens

7

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so THEON is creating value.
THEON has more shares outstanding than it did 1 year ago.
THEON has a better debt/assets ratio than last year.
THEON.AS Yearly Shares OutstandingTHEON.AS Yearly Shares OutstandingYearly Shares Outstanding 2020 2021 2022 2023 2024 20M 40M 60M
THEON.AS Yearly Total Debt VS Total AssetsTHEON.AS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2020 2021 2022 2023 2024 100M 200M 300M

2.2 Solvency

An Altman-Z score of 11.44 indicates that THEON is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 11.44, THEON belongs to the top of the industry, outperforming 97.56% of the companies in the same industry.
A Debt/Equity ratio of 0.21 indicates that THEON is not too dependend on debt financing.
The Debt to Equity ratio of THEON (0.21) is better than 90.24% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.21
Debt/FCF N/A
Altman-Z 11.44
ROIC/WACC2.59
WACC8.92%
THEON.AS Yearly LT Debt VS Equity VS FCFTHEON.AS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2020 2021 2022 2023 2024 0 50M 100M 150M 200M

2.3 Liquidity

THEON has a Current Ratio of 3.08. This indicates that THEON is financially healthy and has no problem in meeting its short term obligations.
THEON has a better Current ratio (3.08) than 97.56% of its industry peers.
THEON has a Quick Ratio of 2.38. This indicates that THEON is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 2.38, THEON belongs to the top of the industry, outperforming 97.56% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 3.08
Quick Ratio 2.38
THEON.AS Yearly Current Assets VS Current LiabilitesTHEON.AS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2020 2021 2022 2023 2024 100M 200M 300M

More info and screens

9

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 62.03% over the past year.
THEON shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -78.29% yearly.
Looking at the last year, THEON shows a very strong growth in Revenue. The Revenue has grown by 61.10%.
Measured over the past years, THEON shows a very strong growth in Revenue. The Revenue has been growing by 63.54% on average per year.
EPS 1Y (TTM)62.03%
EPS 3Y-78.29%
EPS 5YN/A
EPS Q2Q%N/A
Revenue 1Y (TTM)61.1%
Revenue growth 3Y63.54%
Revenue growth 5YN/A
Sales Q2Q%N/A

3.2 Future

THEON is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 21.47% yearly.
THEON is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 23.86% yearly.
EPS Next Y17.57%
EPS Next 2Y20.02%
EPS Next 3Y21.47%
EPS Next 5YN/A
Revenue Next Year30.04%
Revenue Next 2Y26.57%
Revenue Next 3Y23.86%
Revenue Next 5YN/A

3.3 Evolution

When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
THEON.AS Yearly Revenue VS EstimatesTHEON.AS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M
THEON.AS Yearly EPS VS EstimatesTHEON.AS Yearly EPS VS EstimatesYearly EPS VS Estimates 2023 2024 2025 2026 2027 0.5 1 1.5

More info and screens

2

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 34.08, which means the current valuation is very expensive for THEON.
68.29% of the companies in the same industry are more expensive than THEON, based on the Price/Earnings ratio.
THEON's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 26.29.
THEON is valuated quite expensively with a Price/Forward Earnings ratio of 28.99.
THEON's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.17, THEON is valued a bit more expensive.
Industry RankSector Rank
PE 34.08
Fwd PE 28.99
THEON.AS Price Earnings VS Forward Price EarningsTHEON.AS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

60.98% of the companies in the same industry are cheaper than THEON, based on the Enterprise Value to EBITDA ratio.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 25.12
THEON.AS Per share dataTHEON.AS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1 2 3 4 5

4.3 Compensation for Growth

The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
THEON has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as THEON's earnings are expected to grow with 21.47% in the coming years.
PEG (NY)1.94
PEG (5Y)N/A
EPS Next 2Y20.02%
EPS Next 3Y21.47%

More info and screens

3

5. Dividend

5.1 Amount

THEON has a Yearly Dividend Yield of 1.03%.
Compared to an average industry Dividend Yield of 1.19, THEON pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, THEON's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 1.03%

5.2 History

Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
THEON.AS Yearly Dividends per shareTHEON.AS Yearly Dividends per shareYearly Dividends per share 2024 0.05 0.1 0.15 0.2

5.3 Sustainability

21.42% of the earnings are spent on dividend by THEON. This is a low number and sustainable payout ratio.
DP21.42%
EPS Next 2Y20.02%
EPS Next 3Y21.47%
THEON.AS Yearly Income VS Free CF VS DividendTHEON.AS Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2020 2021 2022 2023 2024 0 20M -20M 40M 60M
THEON.AS Dividend Payout.THEON.AS Dividend Payout, showing the Payout Ratio.THEON.AS Dividend Payout.PayoutRetained Earnings

More info and screens

THEON INTERNATIONAL PLC

AMS:THEON (6/2/2025, 7:00:00 PM)

33.4

+0.1 (+0.3%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)04-28 2025-04-28
Earnings (Next)07-28 2025-07-28
Inst Owners9.33%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap2.34B
Analysts80
Price Target29.82 (-10.72%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.03%
Yearly Dividend0.22
Dividend Growth(5Y)N/A
DP21.42%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)64.93%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-1.64%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.89%
Valuation
Industry RankSector Rank
PE 34.08
Fwd PE 28.99
P/S 6.64
P/FCF N/A
P/OCF N/A
P/B 10.42
P/tB 11.56
EV/EBITDA 25.12
EPS(TTM)0.98
EY2.93%
EPS(NY)1.15
Fwd EY3.45%
FCF(TTM)-0.53
FCFYN/A
OCF(TTM)-0.37
OCFYN/A
SpS5.03
BVpS3.21
TBVpS2.89
PEG (NY)1.94
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 17.18%
ROE 30.05%
ROCE 30.72%
ROIC 23.07%
ROICexc 39.33%
ROICexgc 45.33%
OM 24.84%
PM (TTM) 19.13%
GM 30.99%
FCFM N/A
ROA(3y)18.12%
ROA(5y)19.46%
ROE(3y)41.15%
ROE(5y)46.12%
ROIC(3y)30.61%
ROIC(5y)30.69%
ROICexc(3y)57.81%
ROICexc(5y)58.31%
ROICexgc(3y)61.02%
ROICexgc(5y)60.82%
ROCE(3y)46.73%
ROCE(5y)49.65%
ROICexcg growth 3Y-15.89%
ROICexcg growth 5YN/A
ROICexc growth 3Y-19.22%
ROICexc growth 5YN/A
OM growth 3Y-7.66%
OM growth 5YN/A
PM growth 3Y-6.84%
PM growth 5YN/A
GM growth 3Y-9.46%
GM growth 5YN/A
F-Score4
Asset Turnover0.9
Health
Industry RankSector Rank
Debt/Equity 0.21
Debt/FCF N/A
Debt/EBITDA 0.53
Cap/Depr 439.46%
Cap/Sales 3.04%
Interest Coverage 25.2
Cash Conversion N/A
Profit Quality N/A
Current Ratio 3.08
Quick Ratio 2.38
Altman-Z 11.44
F-Score4
WACC8.92%
ROIC/WACC2.59
Cap/Depr(3y)434.71%
Cap/Depr(5y)347.8%
Cap/Sales(3y)3.06%
Cap/Sales(5y)3.32%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)62.03%
EPS 3Y-78.29%
EPS 5YN/A
EPS Q2Q%N/A
EPS Next Y17.57%
EPS Next 2Y20.02%
EPS Next 3Y21.47%
EPS Next 5YN/A
Revenue 1Y (TTM)61.1%
Revenue growth 3Y63.54%
Revenue growth 5YN/A
Sales Q2Q%N/A
Revenue Next Year30.04%
Revenue Next 2Y26.57%
Revenue Next 3Y23.86%
Revenue Next 5YN/A
EBIT growth 1Y57.06%
EBIT growth 3Y51.02%
EBIT growth 5YN/A
EBIT Next Year26.4%
EBIT Next 3Y23.51%
EBIT Next 5YN/A
FCF growth 1Y-222.36%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-169.3%
OCF growth 3YN/A
OCF growth 5YN/A