Logo image of THEON.AS

THEON INTERNATIONAL PLC (THEON.AS) Stock Fundamental Analysis

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

24.9  -1.2 (-4.6%)

Fundamental Rating

7

We assign a fundamental rating of 7 out of 10 to THEON. THEON was compared to 46 industry peers in the Aerospace & Defense industry. THEON gets an excellent profitability rating and is at the same time showing great financial health properties. THEON is not priced too expensively while it is growing strongly. Keep and eye on this one! With these ratings, THEON could be worth investigating further for growth and quality investing!.


Dividend Valuation Growth Profitability Health

Quickly go to:

7

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.
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

THEON has a better Return On Assets (17.18%) than 100.00% of its industry peers.
THEON has a better Return On Equity (30.05%) than 91.30% of its industry peers.
THEON's Return On Invested Capital of 23.07% is amongst the best of the industry. THEON outperforms 100.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for THEON is significantly above the industry average of 9.15%.
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

With an excellent Profit Margin value of 19.13%, THEON belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
In the last couple of years the Profit Margin of THEON has declined.
THEON's Operating Margin of 24.84% is amongst the best of the industry. THEON outperforms 100.00% of its industry peers.
THEON's Operating Margin has declined in the last couple of years.
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.
Compared to 1 year ago, THEON has more shares outstanding
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

THEON has an Altman-Z score of 9.34. This indicates that THEON is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 9.34, THEON belongs to the top of the industry, outperforming 93.48% 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.
The Debt to Equity ratio of THEON (0.21) is better than 89.13% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.21
Debt/FCF N/A
Altman-Z 9.34
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

A Current Ratio of 3.08 indicates that THEON has no problem at all paying its short term obligations.
With an excellent Current ratio value of 3.08, THEON belongs to the best of the industry, outperforming 97.83% of the companies in the same industry.
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.
THEON's Quick ratio of 2.38 is amongst the best of the industry. THEON outperforms 95.65% of its industry peers.
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

THEON shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 62.03%, which is quite impressive.
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.
The Revenue is expected to grow by 24.22% on average over the next years. This is a very strong growth
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 3Y24.22%
Revenue Next 5YN/A

3.3 Evolution

The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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

4

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 25.41, which means the current valuation is very expensive for THEON.
THEON's Price/Earnings ratio is a bit cheaper when compared to the industry. THEON is cheaper than 76.09% of the companies in the same industry.
THEON's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.48.
A Price/Forward Earnings ratio of 21.61 indicates a rather expensive valuation of THEON.
73.91% of the companies in the same industry are more expensive than THEON, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.04, THEON is valued a bit cheaper.
Industry RankSector Rank
PE 25.41
Fwd PE 21.61
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 50

4.2 Price Multiples

THEON's Enterprise Value to EBITDA is on the same level as the industry average.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 18.58
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

THEON's 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 21.47% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.45
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 1.30%.
Compared to an average industry Dividend Yield of 1.18, THEON pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.39, THEON's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 1.3%

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 2025 0.1 0.2 0.3

5.3 Sustainability

THEON pays out 21.42% of its income as dividend. This is a 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 (8/8/2025, 7:00:00 PM)

24.9

-1.2 (-4.6%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)04-28 2025-04-28
Earnings (Next)09-02 2025-09-02
Inst Owners9.44%
Inst Owner ChangeN/A
Ins Owners74.95%
Ins Owner ChangeN/A
Market Cap1.74B
Analysts80
Price Target30.37 (21.97%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.3%
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)3.09%
PT rev (3m)1.84%
EPS NQ rev (1m)6.32%
EPS NQ rev (3m)6.32%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)-1.41%
Revenue NQ rev (3m)-1.41%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE 25.41
Fwd PE 21.61
P/S 4.95
P/FCF N/A
P/OCF N/A
P/B 7.77
P/tB 8.62
EV/EBITDA 18.58
EPS(TTM)0.98
EY3.94%
EPS(NY)1.15
Fwd EY4.63%
FCF(TTM)-0.53
FCFYN/A
OCF(TTM)-0.37
OCFYN/A
SpS5.03
BVpS3.21
TBVpS2.89
PEG (NY)1.45
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 9.34
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 3Y24.22%
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