Securitas Management
Management criteria checks 2/4
Securitas' CEO is Magnus Ahlqvist, appointed in Mar 2018, has a tenure of 8.42 years. total yearly compensation is SEK58.38M, comprised of 35.2% salary and 64.8% bonuses, including company stock and options. directly owns 0.1% of the company’s shares, worth SEK89.15M. The average tenure of the management team and the board of directors is 7.1 years and 5.3 years respectively.
Key information
Magnus Ahlqvist
Chief executive officer
SEK 58.4m
Total compensation
| CEO salary percentage | 35.25% |
| CEO tenure | 8.4yrs |
| CEO ownership | 0.1% |
| Management average tenure | 7.1yrs |
| Board average tenure | 5.3yrs |
Recent management updates
Recent updates
Analysis Article • Aug 01
We Think Securitas' (STO:SECU B) Solid Earnings Are Understated
The market seemed underwhelmed by the solid earnings posted by Securitas AB (publ) ( STO:SECU B ) recently. Our...Analysis Article • Jul 29
Analysts Have Made A Financial Statement On Securitas AB (publ)'s (STO:SECU B) Second-Quarter Report
Shareholders might have noticed that Securitas AB (publ) ( STO:SECU B ) filed its second-quarter result this time last...
Narrative Update • Jul 22
SECU B: Future Dividend And P/E Framework Will Drive Fairly Valued Outlook
The analyst price target for Securitas has been raised to SEK 167 from SEK 164, as analysts factor in updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E following recent supportive Street research, including a new Outperform initiation and a slightly higher SEK 210 target from another firm. Analyst Commentary Recent research on Securitas highlights a mix of optimism on valuation and execution, along with some caution on the assumptions behind the higher targets.
Narrative Update • Jul 08
SECU B: Higher Fair Value Will Reflect Outperform Rating And Earnings Framework
The analyst price target for Securitas has been adjusted from SEK 200 to SEK 210. This reflects analysts' updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E following recent research, including new coverage with an Outperform rating.
Narrative Update • Jun 24
SECU B: Future Returns Will Hinge On Delivering Ambitious 2030 Margin Ambitions
Analysts have lifted the Securitas analyst price target to SEK 210, reflecting updated views on the company after fresh coverage initiations and recent target adjustments. Analyst Commentary Recent Street research on Securitas has focused on how the SEK 210 price target lines up with execution, growth expectations, and perceived risks.Analysis Article • Jun 18
Securitas (OM:SECU B) Stock Could Be 7.8% Undervalued After 2030 Plan Update
Securitas (OM:SECU B) shares are drawing attention after the company outlined its 2030 strategy, tying updated financial targets to a shift toward technology and intelligence-led security services and a clearer focus on sustainable earnings growth. See our latest analysis for Securitas. At a share price of SEK151.0, Securitas has seen short term share price momentum soften, with the 7 day share price return down 3.58%, even as the 1 year total shareholder return stands at 13.46% and the 3...Narrative Update • Jun 10
SECU B: Future Dividend Policy And Execution On Margins And P/E Will Shape Returns
The analyst price target for Securitas has been updated to SEK 163.83 from SEK 155.40, reflecting higher projected fair value and modestly stronger revenue growth and profit margin assumptions cited by analysts following recent positive coverage and rating changes. Analyst Commentary Recent research updates on Securitas focus on both valuation and execution, with several firms adjusting ratings and price targets in light of their outlook on the company.Narrative Update • May 26
SECU B: Higher Fair Value Will Reflect Strengthening Revenue And Margin Framework
Analysts have raised the fair value estimate for Securitas from SEK 180 to SEK 200, citing updated assumptions around revenue growth, profit margins, discount rates and future P/E multiples that are also reflected in recent Street research, including a higher SEK price target and a rating upgrade. Analyst Commentary Recent updates from bullish analysts have leaned into a more constructive view on Securitas, with fresh price targets and ratings feeding into the higher fair value estimate.Narrative Update • May 04
SECU B: Future Returns Will Depend On Delivering Challenging Margin Assumptions
Analysts have raised the Securitas price target by SEK 3 to SEK 125, citing updated assumptions for revenue growth, profit margin and future P/E, along with a series of recent target increases and rating changes on the stock. Analyst Commentary Recent research on Securitas presents a mixed picture, with several firms adjusting price targets and ratings in different directions.Narrative Update • Apr 20
SECU B: Future Returns Still Look Vulnerable To Execution And Margin Risks
The analyst price target for Securitas has shifted from SEK 114 to SEK 122. Analysts cite updated assumptions around revenue growth, profit margins and a higher future P/E multiple as key drivers of the change.Narrative Update • Apr 05
SECU B: Fair Value View Will Balance Dividend Prospects And Evolving Street Caution
Securitas' updated analyst price target has moved higher to SEK 122, up SEK 8, as analysts point to slightly stronger assumed revenue growth, a small adjustment to the discount rate, and modestly lower future P/E expectations to support the new view. Analyst Commentary Recent Street research points to a more constructive tone around Securitas, with several bullish analysts revisiting their models and price targets.Narrative Update • Mar 22
SECU B: Future Dividend Policy And Execution On Margin And P/E Will Matter
Narrative Update on Securitas Analysts have lifted their average price targets for Securitas into the low SEK 120s, with one move from SEK 114 to SEK 122 and another SEK 10 increase, while only marginally adjusting assumptions for the discount rate, revenue growth, profit margin and future P/E. This reflects a more refined yet still cautious view on the shares.Narrative Update • Mar 08
SECU B: Future Margins Dividend Policy And P/E Assumptions Will Drive Balanced Outlook
We are lifting our analyst price target for Securitas by SEK 3.2 to SEK 155.4. This reflects recent SEK-based target increases from several firms and updated analyst assumptions on discount rate, profit margin and future P/E levels. Analyst Commentary Recent Street research on Securitas points to a mixed view, with some analysts adjusting targets higher while others turn more cautious on the shares.Narrative Update • Feb 21
SECU B: Higher SEK 180 Fair Value Will Highlight Rising Dividend Appeal
Analysts have lifted their SEK price targets for Securitas, with recent moves such as Morgan Stanley increasing its target to SEK 122 from SEK 114 and RBC Capital also raising its target, while still balancing this with more cautious views, such as the recent downgrade from Pareto. Analyst Commentary Recent research reflects a mixed stance on Securitas, with some bullish analysts lifting SEK based price targets while others turn more cautious.Narrative Update • Feb 07
SECU B: Higher SEK 180 Fair Value Will Highlight Dividend And Margin Potential
Analysts have lifted their fair value estimate for Securitas from SEK 175.00 to SEK 180.00, citing updated assumptions for revenue growth, profit margins and future P/E expectations, even as recent research includes both higher price targets and a downgrade in rating. Analyst Commentary Recent Street research on Securitas sends a mixed but constructive signal for valuation.Analysis Article • Jan 28
Why Securitas AB (publ) (STO:SECU B) Could Be Worth Watching
Securitas AB (publ) ( STO:SECU B ), is not the largest company out there, but it maintained its current share price...Narrative Update • Jan 24
SECU B: Revised Earnings Multiple And Margins Will Shape Fairly Balanced Outlook
Analysts have revised their price target for Securitas to €152.20 from €146.00. The updated target reflects changes in their assessment of fair value, discount rate, revenue growth, profit margin and future P/E assumptions.Analysis Article • Jan 10
Securitas' (STO:SECU B) Returns Have Hit A Wall
What are the early trends we should look for to identify a stock that could multiply in value over the long term...Narrative Update • Jan 09
SECU B: Upcoming Investor Day Will Clarify Risk Profile Assumptions
Analysts have adjusted their price target on Securitas from €190 to €175, citing updated assumptions for revenue growth, profit margin and future P/E. They state that these assumptions better reflect the current risk profile of the business.Narrative Update • Dec 26
SECU B: Future Returns Likely To Disappoint Despite Upcoming Investor Day
Analysts have maintained their price target for Securitas at $114.00, as only marginal adjustments to discount rates, long term revenue expectations, and profit margin forecasts leave their overall valuation view effectively unchanged. What's in the News Securitas has scheduled an Analyst and Investor Day to provide a strategic and financial update to the market, which may signal clarification of its long term growth and margin ambitions (Key Developments).Analysis Article • Dec 23
Market Cool On Securitas AB (publ)'s (STO:SECU B) Earnings
With a price-to-earnings (or "P/E") ratio of 16.6x Securitas AB (publ) ( STO:SECU B ) may be sending bullish signals at...Narrative Update • Dec 12
SECU B: Future Profitability Will Likely Fail To Justify Current Share Price
Analysts have raised their price target for Securitas from approximately $110 to $114, citing expectations of slightly higher long term profitability and a more attractive future valuation multiple, despite more cautious revenue growth assumptions. What's in the News Securitas scheduled an Analyst and Investor Day to provide a strategic and financial update, signaling management’s intent to clarify long term priorities and capital allocation plans (Key Developments).Analysis Article • Dec 02
Is Securitas (STO:SECU B) Using Too Much Debt?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...Narrative Update • Nov 26
SECU B: Revenue and Profit Margin Shifts Will Guide Upcoming Event Update
Analysts have slightly lowered their price target for Securitas from $146.27 to $146.00, primarily reflecting updated expectations for improved revenue growth and profit margins, as well as shifts in the discount rate and future price-to-earnings estimates. What's in the News Securitas will hold an Analyst/Investor Day to provide a strategic and financial update (Key Developments).Analysis Article • Nov 14
Why Securitas' (STO:SECU B) Earnings Are Better Than They Seem
The market seemed underwhelmed by last week's earnings announcement from Securitas AB (publ) ( STO:SECU B ) despite the...Analysis Article • Nov 07
Securitas (STO:SECU B) Has Announced A Dividend Of SEK2.25
The board of Securitas AB (publ) ( STO:SECU B ) has announced that it will pay a dividend of SEK2.25 per share on the...Narrative Update • Nov 06
SECU B: Modest Revenue and Margin Adjustments Will Shape Investor Day Outlook
Analysts have slightly reduced their price target for Securitas from $146.45 to $146.27. They cite a modest decrease in projected revenue growth and profit margin expectations as the reason for this adjustment.Narrative Update • Oct 23
Analysts Marginally Lower Securitas Price Target as Revenue Outlook Weakens Ahead of Investor Day
Analysts have slightly reduced their price target for Securitas, lowering it from $146.55 to $146.45. This change is due to minor adjustments to revenue growth and discount rate assumptions in their updated outlook.Narrative Update • Oct 08
Urbanization And Digital Security Will Unlock Future Opportunities
Analysts have revised their price target for Securitas downward, adjusting it from $148.82 to $146.55. This change is due to reduced expectations for revenue growth and slightly lower profit margins going forward.New Narrative • Mar 20
Securitas will boost margins with AI and tech-driven services
Technology & AI Integration: Increased use of AI-driven surveillance, automated threat detection, and predictive analytics can improve efficiency and reduce reliance on human labor.
New Narrative • Nov 30
High-Margin Tech Growth And Decisive Innovations Propel Expansion And Resilience
STANLEY integration is set to enhance Securitas' revenue and margin growth by enabling focus on high-margin technology and cost control improvements.CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2026 | n/a | n/a | SEK 6b |
| Mar 31 2026 | n/a | n/a | SEK 5b |
| Dec 31 2025 | SEK 58m | SEK 21m | SEK 5b |
| Sep 30 2025 | n/a | n/a | SEK 5b |
| Jun 30 2025 | n/a | n/a | SEK 6b |
| Mar 31 2025 | n/a | n/a | SEK 5b |
| Dec 31 2024 | SEK 42m | SEK 19m | SEK 5b |
| Sep 30 2024 | n/a | n/a | SEK 5b |
| Jun 30 2024 | n/a | n/a | SEK 2b |
| Mar 31 2024 | n/a | n/a | SEK 1b |
| Dec 31 2023 | SEK 45m | SEK 18m | SEK 1b |
| Sep 30 2023 | n/a | n/a | SEK 1b |
| Jun 30 2023 | n/a | n/a | SEK 5b |
| Mar 31 2023 | n/a | n/a | SEK 4b |
| Dec 31 2022 | SEK 40m | SEK 17m | SEK 4b |
| Sep 30 2022 | n/a | n/a | SEK 4b |
| Jun 30 2022 | n/a | n/a | SEK 4b |
| Mar 31 2022 | n/a | n/a | SEK 3b |
| Dec 31 2021 | SEK 47m | SEK 17m | SEK 3b |
| Sep 30 2021 | n/a | n/a | SEK 3b |
| Jun 30 2021 | n/a | n/a | SEK 3b |
| Mar 31 2021 | n/a | n/a | SEK 3b |
| Dec 31 2020 | SEK 26m | SEK 15m | SEK 2b |
| Sep 30 2020 | n/a | n/a | SEK 3b |
| Jun 30 2020 | n/a | n/a | SEK 3b |
| Mar 31 2020 | n/a | n/a | SEK 3b |
| Dec 31 2019 | SEK 22m | SEK 16m | SEK 3b |
Compensation vs Market: Magnus's total compensation ($USD6.16M) is above average for companies of similar size in the Swedish market ($USD2.25M).
Compensation vs Earnings: Magnus's compensation has increased by more than 20% in the past year.
CEO
Magnus Ahlqvist (52 yo)
8.4yrs
Tenure
SEK 58,375,000
Compensation
Mr. Magnus Ahlqvist is Director of Octave Intelligence plc. since March 2026. Mr. Ahlqvist has been President and Chief Executive Officer of Securitas AB since March 1, 2018.Mr. Ahlqvist was Divisional Pr...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 8.4yrs | SEK 58.38m | 0.10% SEK 89.1m | |
| Chief Financial Officer | less than a year | no data | no data | |
| Chief Information Officer | 4.1yrs | no data | 0.0036% SEK 3.1m | |
| Vice President of Investor Relations | no data | no data | no data | |
| General Counsel and Senior VP of Group Legal | 8.3yrs | no data | 0.0073% SEK 6.3m | |
| Vice President of Group Communications | no data | no data | no data | |
| Chief Human Resources Officer & Chief Marketing Officer | 6.3yrs | no data | 0.0060% SEK 5.2m | |
| Divisional President of Securitas Europe | 11.9yrs | no data | 0.012% SEK 10.0m | |
| President of Global Clients | 7.1yrs | no data | 0.0058% SEK 5.0m | |
| Divisional President of Securitas North America | 7.1yrs | no data | 0.014% SEK 11.8m | |
| Global President of Securitas Technology | 10.6yrs | no data | 0.018% SEK 15.2m | |
| Divisional President of AMEA | 3.9yrs | no data | 0.0035% SEK 3.0m |
7.1yrs
Average Tenure
53.5yo
Average Age
Experienced Management: SECU B's management team is seasoned and experienced (7.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 1.3yrs | SEK 768.00k | no data | |
| Independent Director | 18.3yrs | SEK 1.60m | 0.025% SEK 21.2m | |
| Independent Director | 1.3yrs | SEK 768.00k | no data | |
| Chairman of Security Services USA | no data | no data | no data | |
| Independent Chairman of Board | 5.3yrs | SEK 3.42m | 0.018% SEK 15.5m | |
| Director | 21.6yrs | SEK 1.14m | 5.03% SEK 4.3b | |
| Independent Director | 3.3yrs | SEK 1.42m | 0.0014% SEK 1.2m | |
| Deputy Employee Representative Director | 18.6yrs | no data | no data | |
| Director | 5.3yrs | SEK 1.42m | 0.0027% SEK 2.4m | |
| Employee Representative Director | less than a year | no data | no data |
5.3yrs
Average Tenure
65yo
Average Age
Experienced Board: SECU B's board of directors are considered experienced (5.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/08/10 04:18 |
| End of Day Share Price | 2026/08/07 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Securitas AB (publ) is covered by 31 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier |
| Paul Daniel Checketts | Barclays |
| Andrew Grobler | BNP Paribas |