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Added to YB: 2025-02-24

Pitch date: 2025-02-21

THEON.AS [bullish]

Theon International Plc

+74.92%

current return

Author Info

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 1.9B

Pitch Price

EUR 16.69

Price Target

N/A

Dividend

1.22%

EV/EBITDA

18.73

P/E

26.57

EV/Sales

5.00

Sector

Aerospace and Defense

Category

growth

Show full summary:
THEON INTERNATIONAL PLC - $THEON.AS

THEON.AS: Defense co w/ 61% rev growth to €352.4M, 25% EBIT margin. Night vision/thermal imaging leader, 50%+ EU mkt share. Strong backlog €654M + €301M options. 2025 guidance €410-430M rev, 25% EBIT. 11x 2025e EBIT. Founder owns 75%. Recent IPO, acquisitions for vertical integration & expansion. Dividend policy 40% payout.

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