THEON INTERNATIONAL PLC (THEON.AS) Stock Fundamental Analysis
Europe - Euronext Amsterdam - AMS:THEON - CY0200751713 - Common Stock
26.5 EUR
+0.4 (+1.53%)
Overall THEON gets a fundamental rating of 7 out of 10. We evaluated THEON against 48 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 is not overvalued while it is showing excellent growth. This is an interesting combination. With these ratings, THEON could be worth investigating further for growth and quality investing!.
1. Profitability
1.1 Basic Checks
THEON had positive earnings in the past year.
THEON had a negative operating cash flow in the past year.
In the past 5 years THEON has always been profitable.
In multiple years THEON reported negative operating cash flow during the last 5 years.
1.2 Ratios
The Return On Assets of THEON (17.09%) is better than 100.00% of its industry peers.
The Return On Equity of THEON (29.91%) is better than 87.50% of its industry peers.
THEON has a Return On Invested Capital of 22.91%. This is amongst the best in the industry. THEON outperforms 100.00% of its industry peers.
THEON had an Average Return On Invested Capital over the past 3 years of 30.64%. This is significantly above the industry average of 9.50%.
The last Return On Invested Capital (22.91%) for THEON is well below the 3 year average (30.64%), which needs to be investigated, but indicates that THEON had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.09% | ||
| ROE | 29.91% | ||
| ROIC | 22.91% |
ROA(3y)18.06%
ROA(5y)19.43%
ROE(3y)41.14%
ROE(5y)46.11%
ROIC(3y)30.64%
ROIC(5y)30.71%
1.3 Margins
THEON's Profit Margin of 19.01% is amongst the best of the industry. THEON outperforms 97.92% of its industry peers.
THEON's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 24.59%, THEON belongs to the top of the industry, outperforming 97.92% of the companies in the same industry.
THEON's Operating Margin has declined in the last couple of years.
The Gross Margin of THEON (30.99%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of THEON has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.59% | ||
| PM (TTM) | 19.01% | ||
| GM | 30.99% |
OM growth 3Y-7.6%
OM growth 5YN/A
PM growth 3Y-7.03%
PM growth 5YN/A
GM growth 3Y-9.46%
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), THEON is creating value.
Compared to 1 year ago, THEON has more shares outstanding
Compared to 1 year ago, THEON has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 9.64 indicates that THEON is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 9.64, THEON belongs to the top of the industry, outperforming 93.75% of the companies in the same industry.
THEON has a Debt/Equity ratio of 0.21. This is a healthy value indicating a solid balance between debt and equity.
With an excellent Debt to Equity ratio value of 0.21, THEON belongs to the best of the industry, outperforming 89.58% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 9.64 |
ROIC/WACC2.7
WACC8.5%
2.3 Liquidity
THEON has a Current Ratio of 3.06. This indicates that THEON is financially healthy and has no problem in meeting its short term obligations.
THEON has a better Current ratio (3.06) than 91.67% of its industry peers.
A Quick Ratio of 2.36 indicates that THEON has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 2.36, THEON belongs to the best of the industry, outperforming 91.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.06 | ||
| Quick Ratio | 2.36 |
3. Growth
3.1 Past
THEON shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 61.67%, which is quite impressive.
Measured over the past years, THEON shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -78.33% on average per year.
The Revenue has grown by 61.10% in the past year. This is a very strong growth!
THEON shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 63.54% yearly.
EPS 1Y (TTM)61.67%
EPS 3Y-78.33%
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
The Earnings Per Share is expected to grow by 23.03% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 23.89% on average over the next years. This is a very strong growth
EPS Next Y21.89%
EPS Next 2Y23.65%
EPS Next 3Y23.03%
EPS Next 5YN/A
Revenue Next Year31.26%
Revenue Next 2Y29.98%
Revenue Next 3Y26.62%
Revenue Next 5Y23.89%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 27.32, which means the current valuation is very expensive for THEON.
Based on the Price/Earnings ratio, THEON is valued cheaply inside the industry as 81.25% of the companies are valued more expensively.
THEON is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.31, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 22.19, which indicates a rather expensive current valuation of THEON.
Based on the Price/Forward Earnings ratio, THEON is valued a bit cheaper than the industry average as 70.83% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of THEON to the average of the S&P500 Index (36.56), we can say THEON is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.32 | ||
| Fwd PE | 22.19 |
4.2 Price Multiples
THEON's Enterprise Value to EBITDA ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 19.7 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
THEON has a very decent profitability rating, which may justify a higher PE ratio.
THEON's earnings are expected to grow with 23.03% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.25
PEG (5Y)N/A
EPS Next 2Y23.65%
EPS Next 3Y23.03%
5. Dividend
5.1 Amount
THEON has a Yearly Dividend Yield of 1.32%.
THEON's Dividend Yield is a higher than the industry average which is at 1.21.
With a Dividend Yield of 1.32, THEON pays less dividend than the S&P500 average, which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.32% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
20.90% of the earnings are spent on dividend by THEON. This is a low number and sustainable payout ratio.
DP20.9%
EPS Next 2Y23.65%
EPS Next 3Y23.03%
AMS:THEON (12/1/2025, 5:27:28 PM)
26.5
+0.4 (+1.53%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners9.3%
Inst Owner ChangeN/A
Ins Owners66.52%
Ins Owner ChangeN/A
Market Cap1.85B
Revenue(TTM)352.36M
Net Income(TTM)67.00M
Analysts76.47
Price Target34.35 (29.62%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.32% |
Yearly Dividend0.22
Dividend Growth(5Y)N/A
DP20.9%
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)6.47%
PT rev (3m)13.11%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0.54%
EPS NY rev (3m)-0.05%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0.09%
Revenue NY rev (3m)0.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.32 | ||
| Fwd PE | 22.19 | ||
| P/S | 5.26 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 8.28 | ||
| P/tB | 9.18 | ||
| EV/EBITDA | 19.7 |
EPS(TTM)0.97
EY3.66%
EPS(NY)1.19
Fwd EY4.51%
FCF(TTM)-0.53
FCFYN/A
OCF(TTM)-0.37
OCFYN/A
SpS5.03
BVpS3.2
TBVpS2.89
PEG (NY)1.25
PEG (5Y)N/A
Graham Number8.36
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.09% | ||
| ROE | 29.91% | ||
| ROCE | 30.51% | ||
| ROIC | 22.91% | ||
| ROICexc | 39.15% | ||
| ROICexgc | 45.12% | ||
| OM | 24.59% | ||
| PM (TTM) | 19.01% | ||
| GM | 30.99% | ||
| FCFM | N/A |
ROA(3y)18.06%
ROA(5y)19.43%
ROE(3y)41.14%
ROE(5y)46.11%
ROIC(3y)30.64%
ROIC(5y)30.71%
ROICexc(3y)57.65%
ROICexc(5y)58.22%
ROICexgc(3y)60.9%
ROICexgc(5y)60.75%
ROCE(3y)46.77%
ROCE(5y)49.68%
ROICexgc growth 3Y-15.59%
ROICexgc growth 5YN/A
ROICexc growth 3Y-19.03%
ROICexc growth 5YN/A
OM growth 3Y-7.6%
OM growth 5YN/A
PM growth 3Y-7.03%
PM growth 5YN/A
GM growth 3Y-9.46%
GM growth 5YN/A
F-Score4
Asset Turnover0.9
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.53 | ||
| Cap/Depr | 450.41% | ||
| Cap/Sales | 3.12% | ||
| Interest Coverage | 24.97 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.06 | ||
| Quick Ratio | 2.36 | ||
| Altman-Z | 9.64 |
F-Score4
WACC8.5%
ROIC/WACC2.7
Cap/Depr(3y)438.07%
Cap/Depr(5y)349.81%
Cap/Sales(3y)3.09%
Cap/Sales(5y)3.34%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)61.67%
EPS 3Y-78.33%
EPS 5YN/A
EPS Q2Q%N/A
EPS Next Y21.89%
EPS Next 2Y23.65%
EPS Next 3Y23.03%
EPS Next 5YN/A
Revenue 1Y (TTM)61.1%
Revenue growth 3Y63.54%
Revenue growth 5YN/A
Sales Q2Q%N/A
Revenue Next Year31.26%
Revenue Next 2Y29.98%
Revenue Next 3Y26.62%
Revenue Next 5Y23.89%
EBIT growth 1Y56.59%
EBIT growth 3Y51.1%
EBIT growth 5YN/A
EBIT Next Year27.1%
EBIT Next 3Y23.17%
EBIT Next 5Y23.45%
FCF growth 1Y-221.63%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-168.42%
OCF growth 3YN/A
OCF growth 5YN/A
THEON INTERNATIONAL PLC / THEON.AS FAQ
What is the fundamental rating for THEON stock?
ChartMill assigns a fundamental rating of 7 / 10 to THEON.AS.
What is the valuation status of THEON INTERNATIONAL PLC (THEON.AS) stock?
ChartMill assigns a valuation rating of 4 / 10 to THEON INTERNATIONAL PLC (THEON.AS). This can be considered as Fairly Valued.
Can you provide the profitability details for THEON INTERNATIONAL PLC?
THEON INTERNATIONAL PLC (THEON.AS) has a profitability rating of 7 / 10.
What is the valuation of THEON INTERNATIONAL PLC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for THEON INTERNATIONAL PLC (THEON.AS) is 27.32 and the Price/Book (PB) ratio is 8.28.
What is the expected EPS growth for THEON INTERNATIONAL PLC (THEON.AS) stock?
The Earnings per Share (EPS) of THEON INTERNATIONAL PLC (THEON.AS) is expected to grow by 21.89% in the next year.