SECUNET SECURITY NETWORKS AG (YSN.DE) Stock Fundamental Analysis

Europe • Frankfurt Stock Exchange • FRA:YSN • DE0007276503

204.5 EUR
0 (0%)
Last: Feb 6, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

6

YSN gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 74 industry peers in the IT Services industry. Both the health and profitability get an excellent rating, making YSN a very profitable company, without any liquidiy or solvency issues. YSN is quite expensive at the moment. It does show a decent growth rate. These ratings would make YSN suitable for quality investing!


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • YSN had positive earnings in the past year.
  • In the past year YSN had a positive cash flow from operations.
  • YSN had positive earnings in each of the past 5 years.
  • Of the past 5 years YSN 4 years had a positive operating cash flow.
YSN.DE Yearly Net Income VS EBIT VS OCF VS FCFYSN.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M 40M 60M

1.2 Ratios

  • The Return On Assets of YSN (9.33%) is better than 87.84% of its industry peers.
  • With an excellent Return On Equity value of 23.17%, YSN belongs to the best of the industry, outperforming 83.78% of the companies in the same industry.
  • With an excellent Return On Invested Capital value of 14.42%, YSN belongs to the best of the industry, outperforming 85.14% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for YSN is significantly below the industry average of 26.58%.
  • The 3 year average ROIC (13.45%) for YSN is below the current ROIC(14.42%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 9.33%
ROE 23.17%
ROIC 14.42%
ROA(3y)8.86%
ROA(5y)11.39%
ROE(3y)21.41%
ROE(5y)26.36%
ROIC(3y)13.45%
ROIC(5y)17.1%
YSN.DE Yearly ROA, ROE, ROICYSN.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30

1.3 Margins

  • Looking at the Profit Margin, with a value of 7.36%, YSN belongs to the top of the industry, outperforming 81.08% of the companies in the same industry.
  • YSN's Profit Margin has declined in the last couple of years.
  • YSN's Operating Margin of 11.13% is amongst the best of the industry. YSN outperforms 82.43% of its industry peers.
  • YSN's Operating Margin has declined in the last couple of years.
  • YSN has a Gross Margin of 24.17%. This is in the lower half of the industry: YSN underperforms 74.32% of its industry peers.
  • In the last couple of years the Gross Margin of YSN has remained more or less at the same level.
Industry RankSector Rank
OM 11.13%
PM (TTM) 7.36%
GM 24.17%
OM growth 3Y-17.92%
OM growth 5Y-6.47%
PM growth 3Y-18.63%
PM growth 5Y-6.86%
GM growth 3Y-7.33%
GM growth 5Y-0.43%
YSN.DE Yearly Profit, Operating, Gross MarginsYSN.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

7

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), YSN is creating value.
  • Compared to 1 year ago, YSN has about the same amount of shares outstanding.
  • Compared to 5 years ago, YSN has about the same amount of shares outstanding.
  • The debt/assets ratio for YSN has remained at the same level compared to a year ago.
YSN.DE Yearly Shares OutstandingYSN.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2M 4M 6M
YSN.DE Yearly Total Debt VS Total AssetsYSN.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

2.2 Solvency

  • An Altman-Z score of 6.37 indicates that YSN is not in any danger for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 6.37, YSN belongs to the top of the industry, outperforming 98.65% of the companies in the same industry.
  • The Debt to FCF ratio of YSN is 0.58, which is an excellent value as it means it would take YSN, only 0.58 years of fcf income to pay off all of its debts.
  • YSN's Debt to FCF ratio of 0.58 is amongst the best of the industry. YSN outperforms 90.54% of its industry peers.
  • A Debt/Equity ratio of 0.10 indicates that YSN is not too dependend on debt financing.
  • YSN has a better Debt to Equity ratio (0.10) than 81.08% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.1
Debt/FCF 0.58
Altman-Z 6.37
ROIC/WACC1.96
WACC7.37%
YSN.DE Yearly LT Debt VS Equity VS FCFYSN.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M 150M

2.3 Liquidity

  • YSN has a Current Ratio of 1.73. This is a normal value and indicates that YSN is financially healthy and should not expect problems in meeting its short term obligations.
  • The Current ratio of YSN (1.73) is better than 79.73% of its industry peers.
  • YSN has a Quick Ratio of 1.73. This is a bad value and indicates that YSN is not financially healthy enough and could expect problems in meeting its short term obligations.
  • YSN has a worse Quick ratio (0.98) than 60.81% of its industry peers.
Industry RankSector Rank
Current Ratio 1.73
Quick Ratio 0.98
YSN.DE Yearly Current Assets VS Current LiabilitesYSN.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M

More info and screens

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

5

3. Growth

3.1 Past

  • YSN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 15.55%, which is quite good.
  • The Earnings Per Share has been growing slightly by 4.65% on average over the past years.
  • Looking at the last year, YSN shows a quite strong growth in Revenue. The Revenue has grown by 12.26% in the last year.
  • The Revenue has been growing by 12.36% on average over the past years. This is quite good.
EPS 1Y (TTM)15.55%
EPS 3Y-13.44%
EPS 5Y4.65%
EPS Q2Q%394.32%
Revenue 1Y (TTM)12.26%
Revenue growth 3Y6.37%
Revenue growth 5Y12.36%
Sales Q2Q%19.03%

3.2 Future

  • The Earnings Per Share is expected to grow by 8.74% on average over the next years. This is quite good.
  • Based on estimates for the next years, YSN will show a small growth in Revenue. The Revenue will grow by 7.71% on average per year.
EPS Next Y16.63%
EPS Next 2Y15.7%
EPS Next 3Y17.04%
EPS Next 5Y8.74%
Revenue Next Year6.41%
Revenue Next 2Y8.3%
Revenue Next 3Y9.24%
Revenue Next 5Y7.71%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
YSN.DE Yearly Revenue VS EstimatesYSN.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 200M 400M 600M
YSN.DE Yearly EPS VS EstimatesYSN.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2 4 6

More info and screens

Find the best growth stocksShow best growing peers

1

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 41.40, the valuation of YSN can be described as expensive.
  • Compared to the rest of the industry, the Price/Earnings ratio of YSN indicates a slightly more expensive valuation: YSN is more expensive than 64.86% of the companies listed in the same industry.
  • YSN's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.92.
  • Based on the Price/Forward Earnings ratio of 34.77, the valuation of YSN can be described as expensive.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of YSN indicates a slightly more expensive valuation: YSN is more expensive than 63.51% of the companies listed in the same industry.
  • When comparing the Price/Forward Earnings ratio of YSN to the average of the S&P500 Index (27.78), we can say YSN is valued slightly more expensively.
Industry RankSector Rank
PE 41.4
Fwd PE 34.77
YSN.DE Price Earnings VS Forward Price EarningsYSN.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of YSN indicates a slightly more expensive valuation: YSN is more expensive than 71.62% of the companies listed in the same industry.
  • 66.22% of the companies in the same industry are cheaper than YSN, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 35.6
EV/EBITDA 19.68
YSN.DE Per share dataYSN.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates YSN does not grow enough to justify the current Price/Earnings ratio.
  • The decent profitability rating of YSN may justify a higher PE ratio.
  • A more expensive valuation may be justified as YSN's earnings are expected to grow with 17.04% in the coming years.
PEG (NY)2.49
PEG (5Y)8.9
EPS Next 2Y15.7%
EPS Next 3Y17.04%

More info and screens

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

4

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 1.39%, YSN has a reasonable but not impressive dividend return.
  • YSN's Dividend Yield is comparable with the industry average which is at 2.41.
  • YSN's Dividend Yield is slightly below the S&P500 average, which is at 1.81.
Industry RankSector Rank
Dividend Yield 1.39%

5.2 History

  • The dividend of YSN has a limited annual growth rate of 2.96%.
Dividend Growth(5Y)2.96%
Div Incr Years1
Div Non Decr Years1
YSN.DE Yearly Dividends per shareYSN.DE Yearly Dividends per shareYearly Dividends per share 2019 2020 2021 2022 2023 2024 2025 1 2 3

5.3 Sustainability

  • 55.28% of the earnings are spent on dividend by YSN. This is a bit on the high side, but may be sustainable.
  • YSN's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP55.28%
EPS Next 2Y15.7%
EPS Next 3Y17.04%
YSN.DE Yearly Income VS Free CF VS DividendYSN.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10M 20M 30M 40M
YSN.DE Dividend Payout.YSN.DE Dividend Payout, showing the Payout Ratio.YSN.DE Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

SECUNET SECURITY NETWORKS AG

FRA:YSN (2/6/2026, 7:00:00 PM)

204.5

0 (0%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)01-26
Earnings (Next)05-11
Inst Owners10.5%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.33B
Revenue(TTM)433.83M
Net Income(TTM)31.95M
Analysts80
Price Target223.38 (9.23%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.39%
Yearly Dividend2.36
Dividend Growth(5Y)2.96%
DP55.28%
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)3.67%
PT rev (3m)7.88%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)1.11%
EPS NY rev (3m)1.87%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.28%
Valuation
Industry RankSector Rank
PE 41.4
Fwd PE 34.77
P/S 3.06
P/FCF 35.6
P/OCF 27.57
P/B 9.64
P/tB 23.67
EV/EBITDA 19.68
EPS(TTM)4.94
EY2.42%
EPS(NY)5.88
Fwd EY2.88%
FCF(TTM)5.74
FCFY2.81%
OCF(TTM)7.42
OCFY3.63%
SpS66.74
BVpS21.21
TBVpS8.64
PEG (NY)2.49
PEG (5Y)8.9
Graham Number48.56
Profitability
Industry RankSector Rank
ROA 9.33%
ROE 23.17%
ROCE 21.28%
ROIC 14.42%
ROICexc 16.23%
ROICexgc 27.3%
OM 11.13%
PM (TTM) 7.36%
GM 24.17%
FCFM 8.61%
ROA(3y)8.86%
ROA(5y)11.39%
ROE(3y)21.41%
ROE(5y)26.36%
ROIC(3y)13.45%
ROIC(5y)17.1%
ROICexc(3y)16.31%
ROICexc(5y)34.9%
ROICexgc(3y)30.33%
ROICexgc(5y)53.56%
ROCE(3y)19.84%
ROCE(5y)25.24%
ROICexgc growth 3Y-33.18%
ROICexgc growth 5Y-10.42%
ROICexc growth 3Y-37.22%
ROICexc growth 5Y-16.59%
OM growth 3Y-17.92%
OM growth 5Y-6.47%
PM growth 3Y-18.63%
PM growth 5Y-6.86%
GM growth 3Y-7.33%
GM growth 5Y-0.43%
F-Score5
Asset Turnover1.27
Health
Industry RankSector Rank
Debt/Equity 0.1
Debt/FCF 0.58
Debt/EBITDA 0.21
Cap/Depr 56.96%
Cap/Sales 2.51%
Interest Coverage 74.4
Cash Conversion 71.55%
Profit Quality 116.88%
Current Ratio 1.73
Quick Ratio 0.98
Altman-Z 6.37
F-Score5
WACC7.37%
ROIC/WACC1.96
Cap/Depr(3y)55.72%
Cap/Depr(5y)69.94%
Cap/Sales(3y)2.44%
Cap/Sales(5y)2.51%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)15.55%
EPS 3Y-13.44%
EPS 5Y4.65%
EPS Q2Q%394.32%
EPS Next Y16.63%
EPS Next 2Y15.7%
EPS Next 3Y17.04%
EPS Next 5Y8.74%
Revenue 1Y (TTM)12.26%
Revenue growth 3Y6.37%
Revenue growth 5Y12.36%
Sales Q2Q%19.03%
Revenue Next Year6.41%
Revenue Next 2Y8.3%
Revenue Next 3Y9.24%
Revenue Next 5Y7.71%
EBIT growth 1Y19.49%
EBIT growth 3Y-12.68%
EBIT growth 5Y5.09%
EBIT Next Year62.38%
EBIT Next 3Y28.06%
EBIT Next 5Y22.37%
FCF growth 1Y95.12%
FCF growth 3Y-0.1%
FCF growth 5Y15.3%
OCF growth 1Y87%
OCF growth 3Y4.29%
OCF growth 5Y14.31%

SECUNET SECURITY NETWORKS AG / YSN.DE FAQ

What is the fundamental rating for YSN stock?

ChartMill assigns a fundamental rating of 6 / 10 to YSN.DE.


What is the valuation status for YSN stock?

ChartMill assigns a valuation rating of 1 / 10 to SECUNET SECURITY NETWORKS AG (YSN.DE). This can be considered as Overvalued.


How profitable is SECUNET SECURITY NETWORKS AG (YSN.DE) stock?

SECUNET SECURITY NETWORKS AG (YSN.DE) has a profitability rating of 7 / 10.


What is the financial health of SECUNET SECURITY NETWORKS AG (YSN.DE) stock?

The financial health rating of SECUNET SECURITY NETWORKS AG (YSN.DE) is 7 / 10.


Can you provide the dividend sustainability for YSN stock?

The dividend rating of SECUNET SECURITY NETWORKS AG (YSN.DE) is 4 / 10 and the dividend payout ratio is 55.28%.