SECUNET SECURITY NETWORKS AG (YSN.DE) Stock Fundamental Analysis
Europe - FRA:YSN - DE0007276503 - Common Stock
191 EUR
-12.5 (-6.14%)
YSN gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 73 industry peers in the IT Services industry. YSN gets an excellent profitability rating and is at the same time showing great financial health properties. YSN is valied quite expensively at the moment, while it does show a decent growth rate. These ratings could make YSN a good candidate for quality investing.
1. Profitability
1.1 Basic Checks
In the past year YSN was profitable.
YSN had a positive operating cash flow in the past year.
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.
1.2 Ratios
With an excellent Return On Assets value of 9.33%, YSN belongs to the best of the industry, outperforming 86.30% of the companies in the same industry.
YSN has a Return On Equity of 23.17%. This is amongst the best in the industry. YSN outperforms 87.67% of its industry peers.
Looking at the Return On Invested Capital, with a value of 14.42%, YSN belongs to the top of the industry, outperforming 89.04% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for YSN is above the industry average of 11.06%.
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 76.71% of its industry peers.
In the last couple of years the Profit Margin of YSN has declined.
With an excellent Operating Margin value of 11.13%, YSN belongs to the best of the industry, outperforming 82.19% of the companies in the same industry.
In the last couple of years the Operating Margin of YSN has declined.
The Gross Margin of YSN (24.17%) is worse than 75.34% of its industry peers.
YSN's Gross Margin has been stable in the last couple of years.
| 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.
YSN has about the same amout of shares outstanding than it did 1 year ago.
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.
2.2 Solvency
An Altman-Z score of 6.36 indicates that YSN is not in any danger for bankruptcy at the moment.
The Altman-Z score of YSN (6.36) is better than 97.26% 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 87.67% of its industry peers.
A Debt/Equity ratio of 0.10 indicates that YSN is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.10, YSN belongs to the top of the industry, outperforming 82.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 0.58 | ||
| Altman-Z | 6.36 |
ROIC/WACC2
WACC7.22%
2.3 Liquidity
A Current Ratio of 1.73 indicates that YSN should not have too much problems paying its short term obligations.
YSN has a better Current ratio (1.73) than 82.19% of its industry peers.
A Quick Ratio of 0.98 indicates that YSN may have some problems paying its short term obligations.
YSN has a Quick ratio of 0.98. This is in the lower half of the industry: YSN underperforms 68.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.73 | ||
| Quick Ratio | 0.98 |
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.
The Revenue has grown by 12.26% in the past year. This is quite good.
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
YSN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.22% yearly.
YSN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.73% yearly.
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 38.66, which means the current valuation is very expensive for YSN.
Based on the Price/Earnings ratio, YSN is valued a bit more expensive than 65.75% of the companies in the same industry.
YSN's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.02.
YSN is valuated quite expensively with a Price/Forward Earnings ratio of 33.14.
65.75% of the companies in the same industry are cheaper than YSN, based on the Price/Forward Earnings ratio.
YSN's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 22.57.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.66 | ||
| Fwd PE | 33.14 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, YSN is valued a bit more expensive than 71.23% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, YSN is valued a bit more expensive than the industry average as 64.38% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.25 | ||
| EV/EBITDA | 19.58 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
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 16.40% in the coming years.
PEG (NY)2.67
PEG (5Y)8.32
EPS Next 2Y14.54%
EPS Next 3Y16.4%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.26%, YSN has a reasonable but not impressive dividend return.
YSN's Dividend Yield is comparable with the industry average which is at 7.40.
Compared to an average S&P500 Dividend Yield of 2.43, YSN's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.26% |
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
YSN pays out 55.28% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of YSN is growing, but earnings are growing more, so the dividend growth is sustainable.
DP55.28%
EPS Next 2Y14.54%
EPS Next 3Y16.4%
FRA:YSN (10/10/2025, 7:00:00 PM)
191
-12.5 (-6.14%)
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 Cap1.24B
Analysts77.14
Price Target207.06 (8.41%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.26% |
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 | 38.66 | ||
| Fwd PE | 33.14 | ||
| P/S | 2.86 | ||
| P/FCF | 33.25 | ||
| P/OCF | 25.75 | ||
| P/B | 9 | ||
| P/tB | 22.11 | ||
| EV/EBITDA | 19.58 |
EPS(TTM)4.94
EY2.59%
EPS(NY)5.76
Fwd EY3.02%
FCF(TTM)5.74
FCFY3.01%
OCF(TTM)7.42
OCFY3.88%
SpS66.74
BVpS21.21
TBVpS8.64
PEG (NY)2.67
PEG (5Y)8.32
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%
ROICexcg growth 3Y-33.18%
ROICexcg 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 | 6.36 |
F-Score5
WACC7.22%
ROIC/WACC2
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%