SECUNET SECURITY NETWORKS AG (YSN.DE) Stock Fundamental Analysis
Europe - FRA:YSN - DE0007276503 - Common Stock
209 EUR
+10 (+5.03%)
Overall YSN gets a fundamental rating of 5 out of 10. We evaluated YSN against 70 industry peers in the IT Services industry. YSN is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. YSN is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year YSN was profitable.
In the past year YSN had a positive cash flow from operations.
YSN had positive earnings in each of the past 5 years.
YSN had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
The Return On Assets of YSN (9.33%) is better than 88.57% of its industry peers.
The Return On Equity of YSN (23.17%) is better than 87.14% of its industry peers.
YSN's Return On Invested Capital of 14.42% is amongst the best of the industry. YSN outperforms 90.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for YSN is significantly below the industry average of 21.24%.
The last Return On Invested Capital (14.42%) for YSN is above the 3 year average (13.45%), which is a sign of increasing profitability.
| Industry Rank | Sector 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%
1.3 Margins
YSN has a better Profit Margin (7.36%) than 80.00% of its industry peers.
In the last couple of years the Profit Margin of YSN has declined.
The Operating Margin of YSN (11.13%) is better than 81.43% 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 78.57% 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 Rank | Sector 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%
2. Health
2.1 Basic Checks
YSN has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it 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.
YSN has about the same debt/assets ratio as last year.
2.2 Solvency
An Altman-Z score of 6.27 indicates that YSN is not in any danger for bankruptcy at the moment.
YSN has a better Altman-Z score (6.27) than 98.57% of its industry peers.
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 has a better Debt to FCF ratio (0.58) than 94.29% of its industry peers.
A Debt/Equity ratio of 0.10 indicates that YSN is not too dependend on debt financing.
YSN has a Debt to Equity ratio of 0.10. This is amongst the best in the industry. YSN outperforms 82.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 0.58 | ||
| Altman-Z | 6.27 |
ROIC/WACC1.99
WACC7.24%
2.3 Liquidity
A Current Ratio of 1.73 indicates that YSN should not have too much problems paying its short term obligations.
The Current ratio of YSN (1.73) is better than 84.29% 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 61.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.73 | ||
| Quick Ratio | 0.98 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 15.55% over the past year.
The Earnings Per Share has been growing slightly by 4.65% on average over the past years.
The Revenue has grown by 12.26% in the past year. This is quite good.
YSN shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.36% yearly.
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 8.22% 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 7.73% on average per year.
EPS Next Y14.48%
EPS Next 2Y14.54%
EPS Next 3Y16.4%
EPS Next 5Y8.22%
Revenue Next Year6.12%
Revenue Next 2Y8.04%
Revenue Next 3Y8.97%
Revenue Next 5Y7.73%
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.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 42.31, which means the current valuation is very expensive for YSN.
Based on the Price/Earnings ratio, YSN is valued a bit more expensive than the industry average as 64.29% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Earnings ratio of 26.11, YSN is valued quite expensively.
With a Price/Forward Earnings ratio of 36.26, YSN can be considered very expensive at the moment.
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 67.14% of the companies listed in the same industry.
YSN is valuated expensively when we compare the Price/Forward Earnings ratio to 22.55, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.31 | ||
| Fwd PE | 36.26 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, YSN is valued a bit more expensive than 71.43% of the companies in the same industry.
YSN's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. YSN is more expensive than 65.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.38 | ||
| EV/EBITDA | 19.15 |
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.
YSN's earnings are expected to grow with 16.40% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.92
PEG (5Y)9.1
EPS Next 2Y14.54%
EPS Next 3Y16.4%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.32%, YSN has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.86, YSN has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.37, YSN's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.32% |
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
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 2Y14.54%
EPS Next 3Y16.4%
FRA:YSN (11/3/2025, 11:25:00 AM)
209
+10 (+5.03%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)
Earnings (Next)
Inst Owners11.01%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.36B
Revenue(TTM)433.83M
Net Income(TTM)31.95M
Analysts77.14
Price Target207.06 (-0.93%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.32% |
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)0%
PT rev (3m)3.4%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)5.21%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.31 | ||
| Fwd PE | 36.26 | ||
| P/S | 3.13 | ||
| P/FCF | 36.38 | ||
| P/OCF | 28.18 | ||
| P/B | 9.85 | ||
| P/tB | 24.2 | ||
| EV/EBITDA | 19.15 |
EPS(TTM)4.94
EY2.36%
EPS(NY)5.76
Fwd EY2.76%
FCF(TTM)5.74
FCFY2.75%
OCF(TTM)7.42
OCFY3.55%
SpS66.74
BVpS21.21
TBVpS8.64
PEG (NY)2.92
PEG (5Y)9.1
Graham Number48.56
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 6.27 |
F-Score5
WACC7.24%
ROIC/WACC1.99
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 Y14.48%
EPS Next 2Y14.54%
EPS Next 3Y16.4%
EPS Next 5Y8.22%
Revenue 1Y (TTM)12.26%
Revenue growth 3Y6.37%
Revenue growth 5Y12.36%
Sales Q2Q%19.03%
Revenue Next Year6.12%
Revenue Next 2Y8.04%
Revenue Next 3Y8.97%
Revenue Next 5Y7.73%
EBIT growth 1Y19.49%
EBIT growth 3Y-12.68%
EBIT growth 5Y5.09%
EBIT Next Year58.33%
EBIT Next 3Y27.7%
EBIT Next 5Y22.39%
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 of SECUNET SECURITY NETWORKS AG (YSN.DE) 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 earnings growth outlook for SECUNET SECURITY NETWORKS AG?
The Earnings per Share (EPS) of SECUNET SECURITY NETWORKS AG (YSN.DE) is expected to grow by 14.48% in the next year.
How sustainable is the dividend of SECUNET SECURITY NETWORKS AG (YSN.DE) stock?
The dividend rating of SECUNET SECURITY NETWORKS AG (YSN.DE) is 4 / 10 and the dividend payout ratio is 55.28%.