Securitas
Market Cap
kr49.1b
Last Updated
2020/10/21 21:50 UTC
Data Sources
Company Financials +
Executive Summary
Securitas AB offers security services in North America, Europe, Latin America, Africa, the Middle East, Asia, and Australia. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet and good value.
Similar Companies
Share Price & News
How has Securitas's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SECU B has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-0.6%
SECU B
0.7%
SE Commercial Services
-2.0%
SE Market
1 Year Return
-11.1%
SECU B
-8.5%
SE Commercial Services
15.2%
SE Market
Return vs Industry: SECU B underperformed the Swedish Commercial Services industry which returned -6.3% over the past year.
Return vs Market: SECU B underperformed the Swedish Market which returned 16.9% over the past year.
Shareholder returns
| SECU B | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.6% | 0.7% | -2.0% |
| 30 Day | 0% | 4.9% | 2.9% |
| 90 Day | 3.4% | 8.6% | 4.9% |
| 1 Year | -11.1%-11.1% | -6.8%-8.5% | 17.3%15.2% |
| 3 Year | -0.6%-6.0% | 3.4%-4.7% | 34.7%20.2% |
| 5 Year | 36.1%21.9% | 26.4%9.0% | 62.9%31.2% |
Price Volatility Vs. Market
How volatile is Securitas's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
Is Securitas (STO:SECU B) Using Too Much Debt?2 weeks ago | Simply Wall St
Is Securitas AB (STO:SECU B) Popular Amongst Institutions?4 weeks ago | Simply Wall St
What Does Securitas' (STO:SECU B) CEO Pay Reveal?Valuation
Is Securitas undervalued compared to its fair value and its price relative to the market?
39.1%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SECU B (SEK134.75) is trading below our estimate of fair value (SEK221.22)
Significantly Below Fair Value: SECU B is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SECU B is good value based on its PE Ratio (16.7x) compared to the SE Commercial Services industry average (27x).
PE vs Market: SECU B is good value based on its PE Ratio (16.7x) compared to the Swedish market (22.9x).
Price to Earnings Growth Ratio
PEG Ratio: SECU B is poor value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: SECU B is overvalued based on its PB Ratio (2.4x) compared to the SE Commercial Services industry average (1.8x).
Next Steps
Future Growth
How is Securitas forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?
16.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SECU B's forecast earnings growth (16.2% per year) is above the savings rate (0.5%).
Earnings vs Market: SECU B's earnings (16.2% per year) are forecast to grow faster than the Swedish market (12.9% per year).
High Growth Earnings: SECU B's earnings are forecast to grow, but not significantly.
Revenue vs Market: SECU B's revenue (3.8% per year) is forecast to grow faster than the Swedish market (3.1% per year).
High Growth Revenue: SECU B's revenue (3.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SECU B's Return on Equity is forecast to be low in 3 years time (17.1%).
Next Steps
Past Performance
How has Securitas performed over the past 5 years?
6.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SECU B has high quality earnings.
Growing Profit Margin: SECU B's current net profit margins (2.6%) are lower than last year (2.8%).
Past Earnings Growth Analysis
Earnings Trend: SECU B's earnings have grown by 6.3% per year over the past 5 years.
Accelerating Growth: SECU B's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SECU B had negative earnings growth (-3.6%) over the past year, making it difficult to compare to the Commercial Services industry average (1.5%).
Return on Equity
High ROE: SECU B's Return on Equity (14.6%) is considered low.
Next Steps
Financial Health
How is Securitas's financial position?
Financial Position Analysis
Short Term Liabilities: SECU B's short term assets (SEK29.4B) exceed its short term liabilities (SEK25.5B).
Long Term Liabilities: SECU B's short term assets (SEK29.4B) exceed its long term liabilities (SEK19.0B).
Debt to Equity History and Analysis
Debt Level: SECU B's debt to equity ratio (96.5%) is considered high.
Reducing Debt: SECU B's debt to equity ratio has reduced from 126.3% to 96.5% over the past 5 years.
Debt Coverage: SECU B's debt is well covered by operating cash flow (40.8%).
Interest Coverage: SECU B's interest payments on its debt are well covered by EBIT (8.7x coverage).
Balance Sheet
Next Steps
Dividend
What is Securitas's current dividend yield, its reliability and sustainability?
3.45%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SECU B's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SECU B's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SECU B's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SECU B's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: SECU B is not paying a notable dividend for the Swedish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SECU B's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.9yrs
Average management tenure
CEO
Magnus Ahlqvist (46 yo)
2.58yrs
Tenure
kr21,991,000
Compensation
Mr. Magnus Ahlqvist has been President and Chief Executive Officer of Securitas AB since March 1, 2018. Mr. Ahlqvist was Divisional President of Security Services Europe at Securitas AB since September ...
CEO Compensation Analysis
Compensation vs Market: Magnus's total compensation ($USD2.52M) is about average for companies of similar size in the Swedish market ($USD2.32M).
Compensation vs Earnings: Magnus's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 2.58yrs | kr21.99m | 0.036% SEK 17.6m | |
| Chief Financial Officer | 7.75yrs | no data | 0.014% SEK 6.8m | |
| Chief Information Officer | 4yrs | no data | 0.0021% SEK 1.1m | |
| Head of Investor Relations & Acting Senior VP of Corporate Communications | no data | no data | no data | |
| Senior VP & General Counsel | 2.42yrs | no data | 0.0014% SEK 692.9k | |
| Group Head of Communications | no data | no data | no data | |
| Marketing and Communications Director | 4.92yrs | no data | no data | |
| Senior Vice President of Group Communications People | 0.50yr | no data | 0.0014% SEK 702.7k | |
| no data | no data | 0.019% SEK 9.5m | ||
| Senior Vice President of Finance | 13.75yrs | no data | 0.0047% SEK 2.3m | |
| President of Aviation | 11.42yrs | no data | 0.013% SEK 6.3m | |
| Chief Operating Officer of Security Services Europe | 6.08yrs | no data | 0.0033% SEK 1.6m |
4.9yrs
Average Tenure
51yo
Average Age
Experienced Management: SECU B's management team is considered experienced (4.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 3.42yrs | kr635.00k | 0.0027% SEK 1.3m | |
| Independent Director | 12.5yrs | kr960.00k | 0.0011% SEK 540.5k | |
| Independent Chairman of the Board | 4.42yrs | kr2.30m | 0.0027% SEK 1.3m | |
| Independent Director | 3.42yrs | kr635.00k | 0.000010% SEK 4.9k | |
| Independent Vice Chairman of the Board | 12.75yrs | kr895.00k | no data | |
| Chairman of Security Services Usa | no data | no data | no data | |
| Independent Director | 4.42yrs | kr835.00k | 0.0069% SEK 3.4m | |
| Independent Director | 15.75yrs | kr835.00k | no data | |
| Employee Representative Director | 16.75yrs | no data | no data | |
| Employee Representative Director | 12.75yrs | no data | 0.000030% SEK 14.7k | |
| Independent Director | 3.42yrs | kr835.00k | 0.00071% SEK 348.9k | |
| Employee Representative Director | 12.75yrs | no data | no data |
12.5yrs
Average Tenure
61yo
Average Age
Experienced Board: SECU B's board of directors are seasoned and experienced ( 12.5 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
Securitas AB's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Securitas AB
- Ticker: SECU B
- Exchange: OM
- Founded: 1934
- Industry: Security and Alarm Services
- Sector: Commercial Services
- Market Cap: kr49.138b
- Shares outstanding: 364.93m
- Website: https://www.securitas.com
Number of Employees
Location
- Securitas AB
- Lindhagensplan 70
- Stockholm
- Stockholm County
- 102 28
- Sweden
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SCTB.F | OTCPK (Pink Sheets LLC) | Yes | Series B Shares | US | USD | Jan 1992 |
| S7MB | DB (Deutsche Boerse AG) | Yes | Series B Shares | DE | EUR | Jan 1992 |
| SECU B | OM (OMX Nordic Exchange Stockholm) | Yes | Series B Shares | SE | SEK | Jan 1992 |
| 0IAH | LSE (London Stock Exchange) | Yes | Series B Shares | GB | SEK | Jan 1992 |
| SECUBS | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Series B Shares | GB | SEK | Jan 1992 |
| SCTB.Y | OTCPK (Pink Sheets LLC) | UNSPONSORED ADR | US | USD | Oct 2008 |
Biography
Securitas AB offers security services in North America, Europe, Latin America, Africa, the Middle East, Asia, and Australia. The company operates through three segments: Security Services North America, Se ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/21 21:50 |
| End of Day Share Price | 2020/10/21 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.