Securitas
Market Cap
kr48.6b
Last Updated
2021/06/14 22:45 UTC
Data Sources
Company Financials +
Executive Summary
Securitas AB offers security services. The company operates through three segments: Security Services North America, Security Services Europe, and Security Services Ibero-America. More Details
Rewards
Risk Analysis
Snowflake Analysis
Undervalued with excellent balance sheet and pays a dividend.
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 is less volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: SECU B's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
-1.0%
SECU B
-1.3%
SE Commercial Services
0.5%
SE Market
1 Year Return
6.4%
SECU B
38.7%
SE Commercial Services
46.5%
SE Market
Return vs Industry: SECU B underperformed the Swedish Commercial Services industry which returned 38.7% over the past year.
Return vs Market: SECU B underperformed the Swedish Market which returned 46.5% over the past year.
Shareholder returns
| SECU B | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.0% | -1.3% | 0.5% |
| 30 Day | -8.0% | -2.6% | 3.6% |
| 90 Day | -9.1% | 3.2% | 7.1% |
| 1 Year | 13.2%6.4% | 46.1%38.7% | 51.7%46.5% |
| 3 Year | 1.0%-7.6% | 32.1%17.8% | 74.1%57.2% |
| 5 Year | 23.1%6.6% | 40.9%15.1% | 116.4%74.1% |
Long-Term 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
1 week ago | Simply Wall St
Peter Karlströmer Just Bought 47% More Shares In Securitas AB (STO:SECU B)4 weeks ago | Simply Wall St
What Kind Of Investors Own Most Of Securitas AB (STO:SECU B)?1 month ago | Simply Wall St
Securitas AB (STO:SECU B) Is About To Go Ex-Dividend, And It Pays A 2.8% YieldValuation
Is Securitas undervalued compared to its fair value and its price relative to the market?
32.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SECU B (SEK133.1) is trading below our estimate of fair value (SEK198.03)
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 (19.4x) compared to the Swedish Commercial Services industry average (27x).
PE vs Market: SECU B is good value based on its PE Ratio (19.4x) compared to the Swedish market (24.1x).
Price to Earnings Growth Ratio
PEG Ratio: SECU B is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: SECU B is good value based on its PB Ratio (2.5x) compared to the SE Commercial Services industry average (3.6x).
Future Growth
How is Securitas forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
15.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SECU B's forecast earnings growth (15.1% per year) is above the savings rate (0.3%).
Earnings vs Market: SECU B's earnings (15.1% per year) are forecast to grow faster than the Swedish market (3.6% per year).
High Growth Earnings: SECU B's earnings are forecast to grow, but not significantly.
Revenue vs Market: SECU B's revenue (5% per year) is forecast to grow slower than the Swedish market (6.9% per year).
High Growth Revenue: SECU B's revenue (5% 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 (18.5%).
Past Performance
How has Securitas performed over the past 5 years?
2.1%
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 (2.4%) are lower than last year (2.8%).
Past Earnings Growth Analysis
Earnings Trend: SECU B's earnings have grown by 2.1% 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 (-21.2%) over the past year, making it difficult to compare to the Commercial Services industry average (17.3%).
Return on Equity
High ROE: SECU B's Return on Equity (13%) is considered low.
Financial Health
How is Securitas's financial position?
Financial Position Analysis
Short Term Liabilities: SECU B's short term assets (SEK27.5B) exceed its short term liabilities (SEK26.2B).
Long Term Liabilities: SECU B's short term assets (SEK27.5B) exceed its long term liabilities (SEK17.2B).
Debt to Equity History and Analysis
Debt Level: SECU B's debt to equity ratio (88.6%) is considered high.
Reducing Debt: SECU B's debt to equity ratio has reduced from 130.4% to 88.6% over the past 5 years.
Debt Coverage: SECU B's debt is well covered by operating cash flow (52.6%).
Interest Coverage: SECU B's interest payments on its debt are well covered by EBIT (8.5x coverage).
Balance Sheet
Dividend
What is Securitas's current dividend yield, its reliability and sustainability?
3.01%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SECU B's dividend (3.01%) is higher than the bottom 25% of dividend payers in the Swedish market (1.08%).
High Dividend: SECU B's dividend (3.01%) is low compared to the top 25% of dividend payers in the Swedish market (3.4%).
Stability and Growth of Payments
Stable Dividend: SECU B's dividend payments have been volatile in the past 10 years.
Growing Dividend: SECU B's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (58.2%), SECU B's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SECU B's dividends in 3 years are forecast to be well covered by earnings (46.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.6yrs
Average management tenure
CEO
Magnus Ahlqvist (47 yo)
3.25yrs
Tenure
kr19,905,000
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 ($USD2.39M) is about average for companies of similar size in the Swedish market ($USD2.13M).
Compensation vs Earnings: Magnus's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: SECU B's management team is seasoned and experienced (5.6 years average tenure).
Board Members
Experienced Board: SECU B's board of directors are considered experienced (4.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SECU B insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
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: kr48.573b
- Shares outstanding: 364.93m
- Website: https://www.securitas.com
Number of Employees
Location
- Securitas AB
- Lindhagensplan 70
- Stockholm
- Stockholm County
- 102 28
- Sweden
Listings
Biography
Securitas AB offers security services. The company operates through three segments: Security Services North America, Security Services Europe, and Security Services Ibero-America. It primarily offers on-si...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/06/14 22:45 |
| End of Day Share Price | 2021/06/14 00:00 |
| Earnings | 2021/03/31 |
| 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.