SECUNET SECURITY NETWORKS AG (YSN.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:YSN - DE0007276503 - Common Stock
183.8 EUR
-0.8 (-0.43%)
YSN gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 72 industry peers in the IT Services industry. YSN has an excellent financial health rating, but there are some minor concerns on its profitability. YSN is valied quite expensively at the moment, while it does show a decent growth rate.
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.
In the past 5 years YSN has always been profitable.
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 88.89% of the companies in the same industry.
With an excellent Return On Equity value of 23.17%, YSN belongs to the best of the industry, outperforming 84.72% of the companies in the same industry.
YSN's Return On Invested Capital of 14.42% is amongst the best of the industry. YSN outperforms 86.11% of its industry peers.
YSN had an Average Return On Invested Capital over the past 3 years of 13.45%. This is significantly below the industry average of 27.45%.
The 3 year average ROIC (13.45%) for YSN is below the current ROIC(14.42%), indicating increased profibility in the last year.
| 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 79.17% of its industry peers.
In the last couple of years the Profit Margin of YSN has declined.
Looking at the Operating Margin, with a value of 11.13%, YSN belongs to the top of the industry, outperforming 80.56% of the companies in the same industry.
In the last couple of years the Operating Margin of YSN has declined.
With a Gross Margin value of 24.17%, YSN is not doing good in the industry: 80.56% of the companies in the same industry are doing better.
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 just above the Cost of Capital (WACC), which means it is creating some value.
YSN has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for YSN remains at a similar level compared to 5 years ago.
Compared to 1 year ago, YSN has about the same debt to assets ratio.
2.2 Solvency
An Altman-Z score of 6.00 indicates that YSN is not in any danger for bankruptcy at the moment.
YSN has a Altman-Z score of 6.00. This is amongst the best in the industry. YSN outperforms 100.00% of its industry peers.
YSN has a debt to FCF ratio of 0.58. This is a very positive value and a sign of high solvency as it would only need 0.58 years to pay back of all of its debts.
The Debt to FCF ratio of YSN (0.58) is better than 93.06% of its industry peers.
A Debt/Equity ratio of 0.10 indicates that YSN is not too dependend on debt financing.
YSN's Debt to Equity ratio of 0.10 is amongst the best of the industry. YSN outperforms 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 0.58 | ||
| Altman-Z | 6 |
ROIC/WACC1.03
WACC13.99%
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 83.33% 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 65.28% 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.
YSN shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 4.65% yearly.
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
YSN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.74% yearly.
The Revenue is expected to grow by 8.02% on average over the next years. This is quite good.
EPS Next Y14.48%
EPS Next 2Y14.54%
EPS Next 3Y16.4%
EPS Next 5Y8.74%
Revenue Next Year6.12%
Revenue Next 2Y8.04%
Revenue Next 3Y8.97%
Revenue Next 5Y8.02%
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 37.21, which means the current valuation is very expensive for YSN.
Compared to the rest of the industry, the Price/Earnings ratio of YSN indicates a slightly more expensive valuation: YSN is more expensive than 66.67% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.41, YSN is valued a bit more expensive.
Based on the Price/Forward Earnings ratio of 31.89, the valuation of YSN can be described as expensive.
Based on the Price/Forward Earnings ratio, YSN is valued a bit more expensive than 68.06% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of YSN to the average of the S&P500 Index (35.40), we can say YSN is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.21 | ||
| Fwd PE | 31.89 |
4.2 Price Multiples
73.61% of the companies in the same industry are cheaper than YSN, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, YSN is valued a bit more expensive than the industry average as 72.22% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 32 | ||
| EV/EBITDA | 17.76 |
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)2.57
PEG (5Y)8
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.
YSN's Dividend Yield is comparable with the industry average which is at 3.78.
Compared to an average S&P500 Dividend Yield of 2.32, 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.
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 (12/5/2025, 5:25:37 PM)
183.8
-0.8 (-0.43%)
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 Cap1.19B
Revenue(TTM)433.83M
Net Income(TTM)31.95M
Analysts77.14
Price Target207.06 (12.66%)
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)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.21 | ||
| Fwd PE | 31.89 | ||
| P/S | 2.75 | ||
| P/FCF | 32 | ||
| P/OCF | 24.78 | ||
| P/B | 8.66 | ||
| P/tB | 21.28 | ||
| EV/EBITDA | 17.76 |
EPS(TTM)4.94
EY2.69%
EPS(NY)5.76
Fwd EY3.14%
FCF(TTM)5.74
FCFY3.13%
OCF(TTM)7.42
OCFY4.04%
SpS66.74
BVpS21.21
TBVpS8.64
PEG (NY)2.57
PEG (5Y)8
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 |
F-Score5
WACC13.99%
ROIC/WACC1.03
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 5Y8.74%
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 5Y8.02%
EBIT growth 1Y19.49%
EBIT growth 3Y-12.68%
EBIT growth 5Y5.09%
EBIT Next Year58.33%
EBIT Next 3Y27.7%
EBIT Next 5Y22.73%
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 5 / 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 6 / 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%.