Executive Summary
secunet Security Networks Aktiengesellschaft operates as a cybersecurity company in Germany and internationally. More Details
Rewards
Risk Analysis
No risks detected for YSN from our risk checks.
Snowflake Analysis
Flawless balance sheet with outstanding track record.
Similar Companies
Share Price & News
How has secunet Security Networks's share price performed over time and what events caused price changes?
Latest Share Price and Events
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.
Market Performance
7 Day Return
-2.1%
YSN
-2.3%
DE IT
-1.3%
DE Market
1 Year Return
73.9%
YSN
15.2%
DE IT
29.1%
DE Market
Return vs Industry: YSN exceeded the German IT industry which returned 16.4% over the past year.
Return vs Market: YSN exceeded the German Market which returned 29.6% over the past year.
Shareholder returns
| YSN | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.1% | -2.3% | -1.3% |
| 30 Day | -2.4% | -1.2% | 1.5% |
| 90 Day | 34.4% | 4.5% | 4.8% |
| 1 Year | 76.6%73.9% | 19.7%15.2% | 33.3%29.1% |
| 3 Year | 198.6%188.5% | 97.1%83.7% | 31.6%20.8% |
| 5 Year | 1,387.7%1,306.4% | 221.3%198.6% | 64.2%41.4% |
Long-Term Price Volatility Vs. Market
How volatile is secunet Security Networks's share price compared to the market and industry in the last 5 years?
Simply Wall St News
7 hours ago | Simply Wall St
Is secunet Security Networks Aktiengesellschaft's (ETR:YSN) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?3 weeks ago | Simply Wall St
Is Now The Time To Put secunet Security Networks (ETR:YSN) On Your Watchlist?1 month ago | Simply Wall St
Should You Buy secunet Security Networks Aktiengesellschaft (ETR:YSN) For Its Upcoming Dividend?Valuation
Is secunet Security Networks undervalued compared to its fair value and its price relative to the market?
67.62x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: YSN (€367) is trading above our estimate of fair value (€201.12)
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 (67.6x) compared to the German IT industry average (40.9x).
PE vs Market: YSN is poor value based on its PE Ratio (67.6x) compared to the German market (26.8x).
Price to Earnings Growth Ratio
PEG Ratio: YSN is poor value based on its PEG Ratio (10.3x)
Price to Book Ratio
PB vs Industry: YSN is overvalued based on its PB Ratio (23.2x) compared to the DE IT industry average (3.9x).
Future Growth
How is secunet Security Networks forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
6.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: YSN's forecast earnings growth (6.6% per year) is above the savings rate (0.01%).
Earnings vs Market: YSN's earnings (6.6% per year) are forecast to grow slower than the German market (14.4% per year).
High Growth Earnings: YSN's earnings are forecast to grow, but not significantly.
Revenue vs Market: YSN's revenue (7.7% per year) is forecast to grow faster than the German market (5.7% per year).
High Growth Revenue: YSN's revenue (7.7% 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 (27.7%)
Past Performance
How has secunet Security Networks performed over the past 5 years?
28.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: YSN has high quality earnings.
Growing Profit Margin: YSN's current net profit margins (12.3%) are higher than last year (9.8%).
Past Earnings Growth Analysis
Earnings Trend: YSN's earnings have grown significantly by 28.6% per year over the past 5 years.
Accelerating Growth: YSN's earnings growth over the past year (57.5%) exceeds its 5-year average (28.6% per year).
Earnings vs Industry: YSN earnings growth over the past year (57.5%) exceeded the IT industry 13.9%.
Return on Equity
High ROE: YSN's Return on Equity (34%) is considered high.
Financial Health
How is secunet Security Networks's financial position?
Financial Position Analysis
Short Term Liabilities: YSN's short term assets (€187.7M) exceed its short term liabilities (€82.4M).
Long Term Liabilities: YSN's short term assets (€187.7M) exceed its long term liabilities (€54.6M).
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?
0.69%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: YSN's dividend (0.69%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1%).
High Dividend: YSN's dividend (0.69%) is low compared to the top 25% of dividend payers in the German market (3.13%).
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 (46.8%), 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 (50.1% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.8yrs
Average management tenure
CEO
Axel Deininger (50 yo)
2yrs
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 ($USD689.93K) is below average for companies of similar size in the German market ($USD2.11M).
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 considered experienced (4.8 years average tenure).
Board Members
Experienced Board: YSN's board of directors are considered experienced (3.6 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 company bio, 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: €2.374b
- 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
Biography
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 (...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/06/23 22:55 |
| End of Day Share Price | 2021/06/23 00:00 |
| Earnings | 2020/12/31 |
| 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.