secunet Security Networks AG

secunet Security Networks AG

235.00
EUR
-10.00
(-4.08%)
1.20EPS
21.05P/E
163.07MMarket Cap
Mar 19Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
9.87
12.71
14.08
17.89
24.47
25.24
35.07
44.14
52.19
53.67
60.85
62.82
70.92
15.13
Basic EPS, GAAP
0.37
0.68
0.94
1.43
2.45
2.77
3.44
5.43
6.66
4.84
4.51
4.32
5.15
1.2
Free Cash Flow per Basic Share
0.83
1.4
0.41
2.69
3.15
1.18
3.55
7.29
7.26
-1.47
6.66
7.24
8.39
- -
Dividend per Share
- -
0.15
0.27
0.34
0.58
1.2
2.04
1.56
2.54
5.38
2.86
2.36
2.73
- -
Book Value per Share
5.11
5.51
6.22
7.26
9.13
10.69
11.97
15.83
20.03
19.72
21.29
23.3
25.82
5.99
Tangible Book Value per Share
4.64
5.04
5.74
6.74
8.5
9.05
9.99
13.84
16.39
6.33
8.41
10.27
14.05
5.51
Basic Weighted Avg Shares
6
6
6
6
6
6
6
6
6
6
6
6
6
6
Sales/Revenue/Turnover
64
82
91
116
158
163
227
286
338
347
394
406
459
98
Operating Margin (%)
5.73
7.97
9.4
11.88
14.81
16.53
14.61
18.11
18.91
13.57
10.93
10.64
11.37
11.62
Depreciation Expense
1
1
1
2
2
2
7
8
10
15
17
18
23
- -
Net Income, GAAP
2
4
6
9
16
18
22
35
43
31
29
28
33
8
Effective Tax Rate (%)
33.31
33.17
29.42
32.45
32.57
33.09
32.5
31.84
32.41
33.02
31.1
33.36
35.23
31.74
Profit Margin (%)
3.72
5.31
6.7
7.97
10.02
10.98
9.82
12.29
12.77
9.02
7.4
6.88
7.27
7.92
Working Capital
29
32
36
43
55
66
72
105
124
76
80
92
127
32
LT Debt
- -
- -
- -
- -
- -
- -
15
15
14
15
13
17
12
- -
Total Equity
33
36
40
47
59
70
78
103
130
128
138
151
167
39
Return on Invested Capital (%)
7.19
11.78
14.39
18.67
24.99
23.62
24.16
28.78
28.7
19.55
17.81
16.02
17.36
20.36
Return on Capital (%)
7.77
13.01
16.32
21.37
30.1
28.17
27.4
32.72
32.34
21.53
19.69
17.4
18.73
21.16
Return on Common Equity (%)
7.48
12.71
16.07
21.15
29.93
27.95
30.38
39.05
37.16
24.35
21.97
19.38
20.99
20.9

Capital Structure

EUR

•

in mil. unless spec.
Sep'15
Dec'15
Jun'16
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
6
6
6
Market Capitalization
123
139
163

Working Capital

EUR

•

in mil. unless spec.
Sep'15
Dec'15
Jun'16
Total Current Assets
58
67
53
Cash, Cash Equivalents & STI
24
38
22
Accounts Receivable, Net
23
17
20
Inventories
10
12
10
Total Current Liabilities
25
31
22
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.69%
10.56%
10.74%
Free Cash Flow
17.48%
-129.8%
15.82%
Net Income, GAAP
22.18%
0.74%
19.29%
Sales/Revenue/Turnover
18.24%
10.12%
12.91%
Total Cash Common Dividend
37.59%
25.2%
15.68%

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
406
2025
- -
- -
459
2026
- -
- -
- -

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
4.32
2025
- -
- -
5.15
2026
- -
- -
- -

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
2.36
2025
- -
- -
2.73
2026
- -
- -
- -

Company Description

CEO
Marc-Julian Reinhart Siewert
Full Time Employees
1,277
Sector
Technology services
Industry
Information technology services
Address
Kurfürstenstraße 58 Essen NW Germany 45138
IPO Date
Nov 10, 1999
Business
secunet Security Networks AG operates as a premier specialist in sophisticated cybersecurity solutions, serving clients across Germany and internationally. The company delivers an extensive suite of offerings designed to safeguard digital infrastructures and sensitive data. Its core competencies encompass secure networking architecture, notably the SINA product range, which provides encrypted workstations and communication devices accredited for high-level classified information, including NATO and EU SECRET standards. The firm's portfolio further extends to advanced border management technologies, including automated control systems like EasyPASS, biometric middleware for eID documents, and comprehensive border control applications for both stationary and mobile deployments. For the healthcare sector, secunet provides critical infrastructure solutions such as the TI Gateway, supporting Germany's electronic health initiatives. Additionally, it offers secure cloud environments, including the SINA Cloud, alongside various hardware security modules for cryptographic protection and Public Key Infrastructure (PKI) services for digital identity management in sectors like automotive. secunet also provides robust secure communication tools, such as the SINA Communicator H for multi-crypto telephony and the secunet Session Border Controller for secure Voice over IP networks, which has received NATO and EU approvals. The company complements its product lines with a range of consulting services, covering security analyses, penetration testing, information security management, business continuity planning, and IT security outsourcing. Catering primarily to the public sector, including federal ministries, defense, space agencies, police, and security authorities, secunet also supports critical infrastructure, industrial, utility, and mobility enterprises. It is recognized as the leading IT security partner to the Federal Republic of Germany. The company continues to exhibit strong financial growth, with consolidated revenue rising by 11.8% to €284.8 million in the first nine months of 2025, largely driven by its public sector engagements. Operating profit increased significantly by 41.3% to €24.9 million, with the company anticipating annual revenue of approximately €425 million for 2025. Founded in 1997, secunet Security Networks AG maintains its headquarters in Essen, Germany.