| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 3/6 |
| Past Performance | 6/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
YSN Overview
secunet Security Networks Aktiengesellschaft operates as a cybersecurity company in Germany and internationally.
Rewards
Risk Analysis
No risks detected for YSN from our risk checks.
secunet Security Networks Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €460.50 |
| 52 Week High | €221.00 |
| 52 Week Low | €516.00 |
| Beta | 0.98 |
| 1 Month Change | 0.22% |
| 3 Month Change | 22.47% |
| 1 Year Change | 61.58% |
| 3 Year Change | 286.97% |
| 5 Year Change | 1,179.17% |
| Change since IPO | 2,022.12% |
Recent News & Updates
Here's Why I Think secunet Security Networks (ETR:YSN) Might Deserve Your Attention Today
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For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Shareholder Returns
| YSN | DE IT | DE Market | |
|---|---|---|---|
| 7D | 0.1% | -0.03% | -1.2% |
| 1Y | 61.6% | 22.0% | 22.3% |
Return vs Industry: YSN exceeded the German IT industry which returned 24% over the past year.
Return vs Market: YSN exceeded the German Market which returned 22.4% over the past year.
Price Volatility
| YSN volatility | |
|---|---|
| YSN Beta | 0.98 |
| Industry Beta | 1.16 |
| Market Beta | 1 |
Stable Share Price: YSN is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: YSN's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1997 | 730 | Axel Deininger | https://www.secunet.com |
secunet Security Networks Aktiengesellschaft operates as a cybersecurity company in Germany and internationally. The company offers secunet biomiddle, a middleware for biometric systems and electronic ID (eID) documents; secunet bocoa, an intuitive border control application for stationary and mobile use; secunet compass, an information security management system; secunet CryptoServices; secunet easygate, an automated border control system; and secunet easykiosk, an automated system that collects, processes, and forwards relevant personal data. It also provides secunet easytower for biometric acquisition at stationary border control; secunet edge, an edge computing solution; eID public key infrastructure for automotive applications; secunet GlobalTester, an open-source-based test tool for smart cards and document readers; secunet Golden Reader Tool for secure read-outs of eID documents and their authentication; hardware security modules; secunet konnektor for healthcare telematics; protect4use for secure authentication to protect digital identity; secunet safe surfer to run external and unknown content in a surfing environment isolated from the internal network; and secunet Session Border Controller that filters audio and video protocols.
Valuation
Is secunet Security Networks undervalued compared to its fair value and its price relative to the market?
74.35x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: YSN (€460.5) is trading above our estimate of fair value (€213.74)
Significantly Below Fair Value: YSN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: YSN is poor value based on its PE Ratio (74.4x) compared to the German IT industry average (38x).
PE vs Market: YSN is poor value based on its PE Ratio (74.4x) compared to the German market (23.2x).
Price to Earnings Growth Ratio
PEG Ratio: YSN is poor value based on its PEG Ratio (23.7x)
Price to Book Ratio
PB vs Industry: YSN is overvalued based on its PB Ratio (29x) compared to the DE IT industry average (4x).
Future Growth
How is secunet Security Networks forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
3.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: YSN's forecast earnings growth (3.1% per year) is above the savings rate (0.01%).
Earnings vs Market: YSN's earnings (3.1% per year) are forecast to grow slower than the German market (13% per year).
High Growth Earnings: YSN's earnings are forecast to grow, but not significantly.
Revenue vs Market: YSN's revenue (7.1% per year) is forecast to grow faster than the German market (5.7% per year).
High Growth Revenue: YSN's revenue (7.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: YSN's Return on Equity is forecast to be high in 3 years time (29%)
Past Performance
How has secunet Security Networks performed over the past 5 years?
28.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: YSN has high quality earnings.
Growing Profit Margin: YSN's current net profit margins (12.5%) are higher than last year (10.6%).
Past Earnings Growth Analysis
Earnings Trend: YSN's earnings have grown significantly by 28.7% per year over the past 5 years.
Accelerating Growth: YSN's earnings growth over the past year (57.5%) exceeds its 5-year average (28.7% per year).
Earnings vs Industry: YSN earnings growth over the past year (57.5%) exceeded the IT industry 35.1%.
Return on Equity
High ROE: YSN's Return on Equity (38.8%) is considered high.
Financial Health
How is secunet Security Networks's financial position?
Financial Position Analysis
Short Term Liabilities: YSN's short term assets (€174.9M) exceed its short term liabilities (€83.6M).
Long Term Liabilities: YSN's short term assets (€174.9M) exceed its long term liabilities (€52.1M).
Debt to Equity History and Analysis
Debt Level: YSN is debt free.
Reducing Debt: YSN had no debt 5 years ago.
Debt Coverage: YSN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: YSN has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is secunet Security Networks's current dividend yield, its reliability and sustainability?
0.55%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: YSN's dividend (0.55%) isn’t notable compared to the bottom 25% of dividend payers in the German market (0.98%).
High Dividend: YSN's dividend (0.55%) is low compared to the top 25% of dividend payers in the German market (3.17%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, YSN has been paying a dividend for less than 10 years.
Growing Dividend: YSN's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (41%), YSN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: YSN's dividends in 3 years are forecast to be covered by earnings (50% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.1yrs
Average management tenure
CEO
Axel Deininger (50 yo)
2.25yrs
Tenure
€577,606
Compensation
Mr. Axel Deininger has been Chairman of the Management Board and Chief Executive Officer at secunet Security Networks Aktiengesellschaft since June 1, 2019. He serves as Chief Executive Officer of Secunet...
CEO Compensation Analysis
Compensation vs Market: Axel's total compensation ($USD678.02K) is below average for companies of similar size in the German market ($USD2.09M).
Compensation vs Earnings: Axel's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: YSN's management team is seasoned and experienced (5.1 years average tenure).
Board Members
Experienced Board: YSN's board of directors are considered experienced (3.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
secunet Security Networks Aktiengesellschaft's employee growth, exchange listings and data sources
Key Information
- Name: secunet Security Networks Aktiengesellschaft
- Ticker: YSN
- Exchange: XTRA
- Founded: 1997
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: €2.979b
- Shares outstanding: 6.47m
- Website: https://www.secunet.com
Number of Employees
Location
- secunet Security Networks Aktiengesellschaft
- KurfUerstenstrasse 58
- Essen
- North Rhine-Westphalia
- 45138
- Germany
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/17 22:27 |
| End of Day Share Price | 2021/09/17 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.