Added to YB: 2025-09-17
Pitch date: 2025-09-14
THEON.AS [neutral]
Theon International Plc
+26.53%
current return
Author Info
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Company Info
Theon International Plc develops and manufactures customizable night vision, thermal imaging, and electro-optical ISR systems for military and security applications in Europe and internationally.
Market Cap
EUR 2.5B
Pitch Price
EUR 26.87
Price Target
33.14 (-3%)
Dividend
1.05%
EV/EBITDA
24.59
P/E
30.97
EV/Sales
6.57
Sector
Aerospace and Defense
Category
growth
Theon International - Quantitative Analysis
THEON.AS (pass): Greek NVD manufacturer w/ explosive 60% YoY revenue growth to €352M; backlog €622M (40% delivers 2025); 25% EBIT margin, 30%+ ROCE; deployed €125M in acquisitions expanding into thermal/electro-optics; DCF fair value €33.14 vs current price, 14% CAGR + 1.2% dividend yield.
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