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secunet Security Networks AktiengesellschaftXTRA:YSN Stock Report

Market Cap €1.2b
Share Price
€180.80
€239.67
24.6% undervalued intrinsic discount
1Y-11.8%
7D-6.6%
Portfolio Value
View

secunet Security Networks Aktiengesellschaft

XTRA:YSN Stock Report

Market Cap: €1.2b

secunet Security Networks (YSN) Stock Overview

Operates as a cybersecurity company in Germany and internationally. More details

YSN fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance4/6
Financial Health5/6
Dividends4/6

YSN Community Fair Values

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See what 9 others think this stock is worth. Follow their fair value or set your own to get alerts.

Community Contributor
US$6.85FV 71.1% undervalued intrinsic discount
73.0%Revenue growth p.a.
3.1k
7
0
69
1mo ago

secunet Security Networks Aktiengesellschaft Competitors

Price History & Performance

Summary of share price highs, lows and changes for secunet Security Networks
Historical stock prices
Current Share Price€180.80
52 Week High€246.50
52 Week Low€152.80
Beta1.05
1 Month Change4.39%
3 Month Change-22.57%
1 Year Change-11.80%
3 Year Change-7.94%
5 Year Change-49.21%
Change since IPO733.18%

Recent News & Updates

Recent updates

YSN: 2026 Guidance And Dividend Will Support Further Upside

Analysts have revised their price target for secunet Security Networks from €244.25 to approximately €239.67, reflecting updated assumptions around revenue growth, profit margins and a slightly different P/E outlook. What's in the News secunet confirmed earnings guidance for fiscal 2026, with the Executive Board stating an expected consolidated revenue range of €460 million to €500 million and EBIT between €53 million and €58 million (Corporate guidance).

YSN: 2026 Guidance And M&A Capacity Will Drive Further Upside

Analysts have maintained their price target for secunet Security Networks at €244.25. This reflects updated assumptions that include a slightly lower discount rate, modestly higher revenue growth, a small adjustment to profit margin expectations and a lower future P/E multiple.

secunet Security Networks' (ETR:YSN) Solid Earnings Are Supported By Other Strong Factors

Apr 06
secunet Security Networks' (ETR:YSN) Solid Earnings Are Supported By Other Strong Factors

YSN: 2026 Guidance And M&A Capacity Will Support Further Upside

Analysts have maintained their price target for secunet Security Networks at €244.25, with only minor tweaks to inputs such as the discount rate, revenue growth, profit margin and future P/E assumptions. This signals that their overall view on the shares is essentially unchanged.

YSN: 2026 Guidance And M&A Capacity Will Support Further Upside

Analysts have kept their €244.25 price target for secunet Security Networks unchanged, pointing to only very small tweaks in assumptions around the discount rate, revenue growth, profit margin and future P/E as the main drivers of this stable view. What's in the News Management is open to inorganic growth, with the CFO highlighting that the company is considering acquisitions and investments alongside organic growth (Key Developments).

YSN: 2026 Guidance And M&A Capacity Will Support Further Upside

Analysts have kept their €244.25 price target for secunet Security Networks unchanged, as a slightly higher discount rate and revised future P/E assumptions have offset each other in their updated models. What's in the News Management issued earnings guidance for fiscal 2026, with group revenue targeted in a range of €460 million to €500 million.

YSN: Confirmed 2025 Margins And 2026 Guidance Will Support Upside Potential

Analysts have raised their price target on secunet Security Networks from €228.75 to €244.25. They cite updated assumptions regarding revenue growth, profit margin, a slightly adjusted discount rate, and a revised future P/E multiple.

YSN: Stable 2025 Margin Outlook Will Support Fair Value Assessment

Analysts have nudged their price target for secunet Security Networks to €228.75, a change they link to slightly adjusted assumptions for discount rate, revenue growth, profit margin and future P/E that keep their fair value view broadly unchanged. What's in the News Management confirmed full year 2025 revenue expectations at around €425 million, keeping the topline outlook unchanged for the period (Key Developments).

secunet Security Networks Aktiengesellschaft's (ETR:YSN) Popularity With Investors Is Under Threat From Overpricing

Jan 21
secunet Security Networks Aktiengesellschaft's (ETR:YSN) Popularity With Investors Is Under Threat From Overpricing

YSN: Higher Margin Outlook Will Support Stronger Future Fair Value Estimate

Analysts have raised their fair value estimate for secunet Security Networks from €216.75 to €228.75, citing updated assumptions that include a slightly higher discount rate, modestly different revenue growth expectations, a higher profit margin outlook, and a lower future P/E multiple. What's in the News Management confirmed earnings guidance for the full year 2025, keeping annual revenue expectations at around €425 million (Key Developments).

secunet Security Networks Aktiengesellschaft's (ETR:YSN) Intrinsic Value Is Potentially 17% Below Its Share Price

Dec 31
secunet Security Networks Aktiengesellschaft's (ETR:YSN) Intrinsic Value Is Potentially 17% Below Its Share Price

Returns On Capital Signal Tricky Times Ahead For secunet Security Networks (ETR:YSN)

Nov 29
Returns On Capital Signal Tricky Times Ahead For secunet Security Networks (ETR:YSN)

Is There Now An Opportunity In secunet Security Networks Aktiengesellschaft (ETR:YSN)?

Nov 07
Is There Now An Opportunity In secunet Security Networks Aktiengesellschaft (ETR:YSN)?

Delayed Government Orders Will Expand European Cyber Markets

The consensus price target for secunet Security Networks has increased, driven by a higher future P/E despite a declining net profit margin, resulting in a new target of €216.75. What's in the News secunet Security Networks AG reaffirmed earnings guidance for 2025, expecting revenue around €425 million, up from €390 million in 2024.

Is secunet Security Networks Aktiengesellschaft (ETR:YSN) Expensive For A Reason? A Look At Its Intrinsic Value

Sep 15
Is secunet Security Networks Aktiengesellschaft (ETR:YSN) Expensive For A Reason? A Look At Its Intrinsic Value

secunet Security Networks (ETR:YSN) Might Be Having Difficulty Using Its Capital Effectively

Aug 30
secunet Security Networks (ETR:YSN) Might Be Having Difficulty Using Its Capital Effectively

Earnings Not Telling The Story For secunet Security Networks Aktiengesellschaft (ETR:YSN)

Jul 31
Earnings Not Telling The Story For secunet Security Networks Aktiengesellschaft (ETR:YSN)

Shareholders May Be Wary Of Increasing secunet Security Networks Aktiengesellschaft's (ETR:YSN) CEO Compensation Package

May 22
Shareholders May Be Wary Of Increasing secunet Security Networks Aktiengesellschaft's (ETR:YSN) CEO Compensation Package
User avatar

Cloud Transition And Post-Quantum Cryptography Will Open Global Markets

Expansion in public sector and international markets, along with post-quantum products, drives revenue growth and strategic positioning.

secunet Security Networks' (ETR:YSN) Shareholders Will Receive A Bigger Dividend Than Last Year

May 07
secunet Security Networks' (ETR:YSN) Shareholders Will Receive A Bigger Dividend Than Last Year

secunet Security Networks Aktiengesellschaft's (ETR:YSN) Intrinsic Value Is Potentially 21% Below Its Share Price

Apr 22
secunet Security Networks Aktiengesellschaft's (ETR:YSN) Intrinsic Value Is Potentially 21% Below Its Share Price

secunet Security Networks' (ETR:YSN) Soft Earnings Are Actually Better Than They Appear

Apr 04
secunet Security Networks' (ETR:YSN) Soft Earnings Are Actually Better Than They Appear

secunet Security Networks (ETR:YSN) Is Increasing Its Dividend To €2.73

Apr 03
secunet Security Networks (ETR:YSN) Is Increasing Its Dividend To €2.73

What secunet Security Networks Aktiengesellschaft's (ETR:YSN) 33% Share Price Gain Is Not Telling You

Apr 02
What secunet Security Networks Aktiengesellschaft's (ETR:YSN) 33% Share Price Gain Is Not Telling You

secunet Security Networks (ETR:YSN) Could Be Struggling To Allocate Capital

Mar 05
secunet Security Networks (ETR:YSN) Could Be Struggling To Allocate Capital

Unpleasant Surprises Could Be In Store For secunet Security Networks Aktiengesellschaft's (ETR:YSN) Shares

Feb 01
Unpleasant Surprises Could Be In Store For secunet Security Networks Aktiengesellschaft's (ETR:YSN) Shares

At €113, Is secunet Security Networks Aktiengesellschaft (ETR:YSN) Worth Looking At Closely?

Jan 14
At €113, Is secunet Security Networks Aktiengesellschaft (ETR:YSN) Worth Looking At Closely?

secunet Security Networks (ETR:YSN) Will Be Hoping To Turn Its Returns On Capital Around

Nov 19
secunet Security Networks (ETR:YSN) Will Be Hoping To Turn Its Returns On Capital Around

Is secunet Security Networks Aktiengesellschaft (ETR:YSN) Trading At A 31% Discount?

Sep 06
Is secunet Security Networks Aktiengesellschaft (ETR:YSN) Trading At A 31% Discount?

secunet Security Networks Aktiengesellschaft Recorded A 6.4% Miss On Revenue: Analysts Are Revisiting Their Models

Aug 16
secunet Security Networks Aktiengesellschaft Recorded A 6.4% Miss On Revenue: Analysts Are Revisiting Their Models

Should You Investigate secunet Security Networks Aktiengesellschaft (ETR:YSN) At €116?

Aug 03
Should You Investigate secunet Security Networks Aktiengesellschaft (ETR:YSN) At €116?

There Are Reasons To Feel Uneasy About secunet Security Networks' (ETR:YSN) Returns On Capital

Jul 02
There Are Reasons To Feel Uneasy About secunet Security Networks' (ETR:YSN) Returns On Capital

Earnings Not Telling The Story For secunet Security Networks Aktiengesellschaft (ETR:YSN)

May 27
Earnings Not Telling The Story For secunet Security Networks Aktiengesellschaft (ETR:YSN)

Is It Too Late To Consider Buying secunet Security Networks Aktiengesellschaft (ETR:YSN)?

Mar 23
Is It Too Late To Consider Buying secunet Security Networks Aktiengesellschaft (ETR:YSN)?

Unpleasant Surprises Could Be In Store For secunet Security Networks Aktiengesellschaft's (ETR:YSN) Shares

Jan 18
Unpleasant Surprises Could Be In Store For secunet Security Networks Aktiengesellschaft's (ETR:YSN) Shares

secunet Security Networks (ETR:YSN) Will Want To Turn Around Its Return Trends

Dec 30
secunet Security Networks (ETR:YSN) Will Want To Turn Around Its Return Trends

secunet Security Networks (ETR:YSN) Seems To Use Debt Quite Sensibly

Dec 14
secunet Security Networks (ETR:YSN) Seems To Use Debt Quite Sensibly

Estimating The Fair Value Of secunet Security Networks Aktiengesellschaft (ETR:YSN)

Nov 12
Estimating The Fair Value Of secunet Security Networks Aktiengesellschaft (ETR:YSN)

secunet Security Networks (ETR:YSN) Will Be Hoping To Turn Its Returns On Capital Around

Sep 29
secunet Security Networks (ETR:YSN) Will Be Hoping To Turn Its Returns On Capital Around

secunet Security Networks (ETR:YSN) Has A Pretty Healthy Balance Sheet

Sep 08
secunet Security Networks (ETR:YSN) Has A Pretty Healthy Balance Sheet

Shareholder Returns

YSNDE ITDE Market
7D-6.6%-4.2%-2.1%
1Y-11.8%-13.2%1.7%

Return vs Industry: YSN exceeded the German IT industry which returned -13.3% over the past year.

Return vs Market: YSN underperformed the German Market which returned 2.6% over the past year.

Price Volatility

Is YSN's price volatile compared to industry and market?
YSN volatility
YSN Average Weekly Movement5.8%
IT Industry Average Movement6.9%
Market Average Movement5.9%
10% most volatile stocks in DE Market13.2%
10% least volatile stocks in DE Market2.6%

Stable Share Price: YSN has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: YSN's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19971,133Marc-Julian Siewertwww.secunet.com

secunet Security Networks Aktiengesellschaft operates as a cybersecurity company in Germany and internationally. It operates in Public Sector and Business Sector segments. The company offers safety audits and analyses; Biomiddle, a middleware for biometrics and eID applications; Bocoa, a digital ID tool; Easygate, an automated border control system; Easykiosk, a self-service kiosk system; SINA workstations to process classified data; Artificial Intelligence; EID public key infrastructure suite to secure digital processes; and GRT platinum edition, a readout tool for sovereign ID documents.

secunet Security Networks Aktiengesellschaft Fundamentals Summary

How do secunet Security Networks's earnings and revenue compare to its market cap?
YSN fundamental statistics
Market cap€1.17b
Earnings (TTM)€33.34m
Revenue (TTM)€458.83m
35.1x
P/E Ratio
2.5x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
YSN income statement (TTM)
Revenue€458.83m
Cost of Revenue€352.55m
Gross Profit€106.29m
Other Expenses€72.94m
Earnings€33.34m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

May 05, 2026

Earnings per share (EPS)5.15
Gross Margin23.16%
Net Profit Margin7.27%
Debt/Equity Ratio0.9%

How did YSN perform over the long term?

See historical performance and comparison

Dividends

1.4%
Current Dividend Yield
50%
Payout Ratio

Does YSN pay a reliable dividends?

See YSN dividend history and benchmarks
When do you need to buy YSN by to receive an upcoming dividend?
secunet Security Networks dividend dates
Ex Dividend DateJun 09 2026
Dividend Pay DateJun 11 2026
Days until Ex dividend39 days
Days until Dividend pay date41 days

Does YSN pay a reliable dividends?

See YSN dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/29 12:42
End of Day Share Price 2026/04/29 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

secunet Security Networks Aktiengesellschaft is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andreas WolfBerenberg
Norbert KalliwodaDr. Kalliwoda Research
Finn KemperHauck Aufhäuser Investment Banking