June 2026
Proprietary AI analyst is now available
Largest Industry 4.0 Public Companies in France
Benchmark revenue and EBITDA valuation multiples for public comps like
Thales, Dassault Systemes, Exail Technologies, Quadient and Gerard Perrier Industrie.
 | Thales is a French aerospace and defense industrial and one of Europe's largest defense contractors. The company has three segments: defense and security provides sensors, mission systems, communications, and control systems to European and export defense customers; aerospace sells avionics and satellites to the civil, defense, and governmental markets; and digital identity and security provides biometric, data, and identity security solutions, payments services, and the manufacturing of SIM cards. | $261 | -9% | $54B | $56B | 2.2x | 14.0x | ||
| Dassault Systèmes is a leading provider of computer-assisted design and product lifecycle management software, serving customers like Boeing and Volkswagen throughout the production process. The company’s flagship product, Catia, primarily serves the transportation, industrial equipment, and aerospace and defense industries. In life sciences, Dassault’s Medidata cloud platform optimizes clinical trial efficiency and is the leader in electronic data capture. | $22 | -38% | $29B | $26B | 3.5x | 10.3x | ||
| Exail Technologies SA is a France-based company specializing in the robotics industry and in the production of automated systems. The company's segments include Engineering and Protection Systems; Drones and Systems and Structure and disposals. It generates maximum revenue from the Drones and Systems segment. | $153 | +34% | $3B | $3B | 4.8x | 23.0x | ||
| Quadient SA is a France-based company engaged in providing business services to its clients. three reportable segments compose its solutions: mail-related solutions, Intelligent Communication Automation, and parcel locker solutions. The company provides solutions to various industries including financial services, insurance, and print providers, among others. Over half of the company’s revenue is from the North American market and about one-third from the main European countries. Mail-related solutions account for the majority of Quadient’s revenue. | $14 | -22% | $487M | $1B | 1.1x | 4.8x | ||
| Gerard Perrier Industrie SA is engaged in designing, manufacturing, installing, and maintaining industrial electrical, electronic and automation equipment in France and internationally. The company installs, services, and maintains electrical, and command and control equipment at industrial sites; and designs and manufactures electrical and electronic equipment for machine automation, continuous process, and professional equipment. | $98 | -4% | $372M | $347M | 0.9x | 8.5x | ||
| Entech SA specializes in the design and manufacture of renewable energy such as solar and wind conversion and storage systems. In addition, the company builds and commissions ground-level and rooftop photovoltaic power stations. | $13 | +56% | $198M | $207M | 2.3x | 38.5x | ||
| NSE SA is engaged in developing, designing, and selling integrated systems and support services in the defense, aerospace and electronics sectors. It offers onboard electronic and electromechanical navigation systems and equipment, Flight data monitoring and tracking, Intelligent geolocation systems. | $58 | +7% | $191M | $200M | 1.5x | 12.8x | ||
| Tonner Drones SA is engaged in the developing and marketing of security and surveillance solutions intended for the military field as well as private and public security: the ISS SPOTTER Wired captive surveillance drone, the automatic drone for surveillance of sensitive sites ISS SPOTTER Automatic or even trailers SPOTTER BOT mobile video security systems. | $0 | +76% | $26M | $32M | 258.5x | 22.1x | ||
| Arcure SA specializes in AI-driven image processing solutions. Its products have applications in the autonomous industrial vehicle industry. The company designs and sells a smart solution, Blaxtair, to prevent collisions between pedestrians and vehicles operating in demanding industrial environments. The Blaxtair solution equips off-road industrial vehicles, construction vehicles, and handling equipment operating in an industrial environment with intelligence that reliably detects pedestrians and issues warnings to the driver or automatically stops the vehicle when it identifies a risk of collision with a pedestrian. Geographically, the company generates maximum revenue from Europe (excluding France), followed by North America, France, Asia Pacific, and the Rest of the world. | $3 | -34% | $20M | $26M | 1.8x | - | ||
| i2S Corp SA is engaged in the business of designing, creating, and marketing imaging systems and equipment. | $7 | -12% | $12M | $8M | 0.4x | 8.0x | ||
| Median | $18 | -7% | $285M | $277M | 2.0x | 12.8x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.