THEON INTERNATIONAL PLC (THEON.AS) Fundamental Analysis & Valuation

AMS:THEON • CY0200751713

Current stock price

32.5 EUR
-2.06 (-5.96%)
Last:

This THEON.AS fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

7

1. THEON.AS Profitability Analysis

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

  • The Return On Assets of THEON (17.09%) is better than 100.00% of its industry peers.
  • THEON has a Return On Equity of 29.89%. This is amongst the best in the industry. THEON outperforms 83.93% of its industry peers.
  • The Return On Invested Capital of THEON (22.97%) is better than 100.00% of its industry peers.
  • THEON had an Average Return On Invested Capital over the past 3 years of 30.61%. This is significantly above the industry average of 9.79%.
  • The 3 year average ROIC (30.61%) for THEON is well above the current ROIC(22.97%). The reason for the recent decline needs to be investigated.
Industry RankSector Rank
ROA 17.09%
ROE 29.89%
ROIC 22.97%
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 19.04%. This is amongst the best in the industry. THEON outperforms 94.64% of its industry peers.
  • THEON's Profit Margin has declined in the last couple of years.
  • The Operating Margin of THEON (24.74%) is better than 98.21% of its industry peers.
  • THEON's Operating Margin has declined in the last couple of years.
  • Looking at the Gross Margin, with a value of 30.99%, THEON is in the better half of the industry, outperforming 60.71% of the companies in the same industry.
  • In the last couple of years the Gross Margin of THEON has declined.
Industry RankSector Rank
OM 24.74%
PM (TTM) 19.04%
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

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ROAROEROICOperating and Profit MarginShow most profitable peers

7

2. THEON.AS Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so THEON is creating value.
  • The number of shares outstanding for THEON has been increased compared to 1 year ago.
  • The debt/assets ratio for THEON has been reduced compared to a year ago.
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 12.81. This indicates that THEON is financially healthy and has little risk of bankruptcy at the moment.
  • THEON has a Altman-Z score of 12.81. This is amongst the best in the industry. THEON outperforms 94.64% of its industry peers.
  • THEON has a Debt/Equity ratio of 0.21. This is a healthy value indicating a solid balance between debt and equity.
  • With a decent Debt to Equity ratio value of 0.21, THEON is doing good in the industry, outperforming 76.79% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.21
Debt/FCF N/A
Altman-Z 12.81
ROIC/WACC2.46
WACC9.32%
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.
  • Looking at the Current ratio, with a value of 3.08, THEON belongs to the top of the industry, outperforming 91.07% of the companies in the same industry.
  • A Quick Ratio of 2.38 indicates that THEON has no problem at all paying its short term obligations.
  • The Quick ratio of THEON (2.38) is better than 89.29% 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

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

9

3. THEON.AS Growth Analysis

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.
  • The earnings per share for THEON have been decreasing by -78.58% on average. This is quite bad
  • THEON shows a strong growth in Revenue. In the last year, the Revenue has grown by 61.10%.
  • The Revenue has been growing by 63.54% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)62.03%
EPS 3Y-78.58%
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 21.02% on average over the next years. This is a very strong growth
  • The Revenue is expected to grow by 25.10% on average over the next years. This is a very strong growth
EPS Next Y23.51%
EPS Next 2Y24.73%
EPS Next 3Y22.55%
EPS Next 5Y21.02%
Revenue Next Year34.27%
Revenue Next 2Y34.6%
Revenue Next 3Y29.25%
Revenue Next 5Y25.1%

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.
THEON.AS Yearly Revenue VS EstimatesTHEON.AS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 2028 200M 400M 600M 800M
THEON.AS Yearly EPS VS EstimatesTHEON.AS Yearly EPS VS EstimatesYearly EPS VS Estimates 2023 2024 2025 2026 2027 2028 0.5 1 1.5 2

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Find the best growth stocksShow best growing peers

3

4. THEON.AS Valuation Analysis

4.1 Price/Earnings Ratio

  • THEON is valuated quite expensively with a Price/Earnings ratio of 34.57.
  • Based on the Price/Earnings ratio, THEON is valued a bit cheaper than the industry average as 71.43% of the companies are valued more expensively.
  • THEON's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 26.91.
  • Based on the Price/Forward Earnings ratio of 27.93, the valuation of THEON can be described as expensive.
  • THEON's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. THEON is cheaper than 62.50% of the companies in the same industry.
  • THEON is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.68, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 34.57
Fwd PE 27.93
THEON.AS Price Earnings VS Forward Price EarningsTHEON.AS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80 100

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of THEON is on the same level as its industry peers.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 29.52
THEON.AS Per share dataTHEON.AS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1 2 3 4

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 22.55% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.47
PEG (5Y)N/A
EPS Next 2Y24.73%
EPS Next 3Y22.55%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

3

5. THEON.AS Dividend Analysis

5.1 Amount

  • THEON has a Yearly Dividend Yield of 1.19%. Purely for dividend investing, there may be better candidates out there.
  • THEON's Dividend Yield is a higher than the industry average which is at 0.77.
  • Compared to the average S&P500 Dividend Yield of 1.89, THEON is paying slightly less dividend.
Industry RankSector Rank
Dividend Yield 1.19%

5.2 History

Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
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

  • 21.53% of the earnings are spent on dividend by THEON. This is a low number and sustainable payout ratio.
DP21.53%
EPS Next 2Y24.73%
EPS Next 3Y22.55%
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

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Find the best dividend stocksShow peers with best dividend

THEON.AS Fundamentals: All Metrics, Ratios and Statistics

THEON INTERNATIONAL PLC

AMS:THEON (4/10/2026, 5:29:50 PM)

32.5

-2.06 (-5.96%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)11-03
Earnings (Next)04-20
Inst Owners11.59%
Inst Owner ChangeN/A
Ins Owners59.22%
Ins Owner ChangeN/A
Market Cap2.56B
Revenue(TTM)352.36M
Net Income(TTM)67.07M
Analysts80
Price Target38.62 (18.83%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.19%
Yearly Dividend0.21
Dividend Growth(5Y)N/A
DP21.53%
Div Incr Years1
Div Non Decr Years1
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)3.44%
PT rev (3m)9.82%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0.08%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.18%
Valuation
Industry RankSector Rank
PE 34.57
Fwd PE 27.93
P/S 7.25
P/FCF N/A
P/OCF N/A
P/B 11.39
P/tB 12.63
EV/EBITDA 29.52
EPS(TTM)0.94
EY2.89%
EPS(NY)1.16
Fwd EY3.58%
FCF(TTM)-0.47
FCFYN/A
OCF(TTM)-0.33
OCFYN/A
SpS4.48
BVpS2.85
TBVpS2.57
PEG (NY)1.47
PEG (5Y)N/A
Graham Number7.77
Profitability
Industry RankSector Rank
ROA 17.09%
ROE 29.89%
ROCE 30.6%
ROIC 22.97%
ROICexc 39.17%
ROICexgc 45.15%
OM 24.74%
PM (TTM) 19.04%
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%
ROICexgc growth 3Y-15.89%
ROICexgc 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-Score3
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 25.1
Cash Conversion N/A
Profit Quality N/A
Current Ratio 3.08
Quick Ratio 2.38
Altman-Z 12.81
F-Score3
WACC9.32%
ROIC/WACC2.46
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-78.58%
EPS 5YN/A
EPS Q2Q%N/A
EPS Next Y23.51%
EPS Next 2Y24.73%
EPS Next 3Y22.55%
EPS Next 5Y21.02%
Revenue 1Y (TTM)61.1%
Revenue growth 3Y63.54%
Revenue growth 5YN/A
Sales Q2Q%N/A
Revenue Next Year34.27%
Revenue Next 2Y34.6%
Revenue Next 3Y29.25%
Revenue Next 5Y25.1%
EBIT growth 1Y57.06%
EBIT growth 3Y51.02%
EBIT growth 5YN/A
EBIT Next Year32.28%
EBIT Next 3Y29.85%
EBIT Next 5Y24.75%
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

THEON INTERNATIONAL PLC / THEON.AS Fundamental Analysis FAQ

What is the fundamental rating for THEON stock?

ChartMill assigns a fundamental rating of 7 / 10 to THEON.AS.


Can you provide the valuation status for THEON INTERNATIONAL PLC?

ChartMill assigns a valuation rating of 3 / 10 to THEON INTERNATIONAL PLC (THEON.AS). This can be considered as Overvalued.


What is the profitability of THEON stock?

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 34.57 and the Price/Book (PB) ratio is 11.39.


Is the dividend of THEON INTERNATIONAL PLC sustainable?

The dividend rating of THEON INTERNATIONAL PLC (THEON.AS) is 3 / 10 and the dividend payout ratio is 21.53%.