secunet Security Networks AG

secunet Security Networks AG

YSN.DE
secunet Security Networks AGDE flagDeutsche Börse
174.20
EUR
-4.40
- -
1.13BMarket Cap
secunet Security Networks AG
YSN.DE
(Deutsche Börse)

Recent

price

174.20

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
9.19
8.59
10.39
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
14.08
Revenue per Share
0.28
0.42
0.57
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
0.94
Basic EPS, GAAP
-0.05
0.37
1.16
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
0.41
Free Cash Flow per Basic 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
- -
Dividend per Share
0.47
0.89
1.46
1.83
2.35
3.03
1
1
1
1
1
1
1
1
1
1
3.03
Book Value per Share
3.35
3.79
4.23
4.64
5.04
5.74
6.74
8.5
9.1
10.07
13.9
16.43
6.37
8.43
10.28
14.05
5.74
Tangible Book Value per Share
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
Basic Weighted Avg Shares
59
56
67
64
82
91
116
158
163
227
286
338
347
394
406
459
91
Sales/Revenue/Turnover
6.01
6.95
8.46
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
- -
Operating Margin (%)
1
1
1
1
1
1
2
2
2
7
8
10
15
17
18
23
1
Depreciation Expense
2
3
4
2
4
6
9
16
18
22
35
43
31
29
28
33
6
Net Income, GAAP
50.34
30.34
34.59
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
29.42
Effective Tax Rate (%)
3.06
4.86
5.48
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
6.7
Profit Margin (%)
21
24
27
29
32
36
43
55
66
72
105
124
76
80
92
127
36
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
15
15
14
15
13
17
12
- -
LT Debt
25
28
30
33
36
40
47
59
70
78
103
130
128
138
151
167
40
Total Equity
7.23
9.76
11.88
7.19
11.78
14.39
18.67
24.99
23.68
24.15
28.83
28.68
19.59
17.83
16.28
17.54
- -
Return on Invested Capital (%)
81.96
63
49.72
23.16
33.05
35.6
71.44
245.45
271.19
143.98
142.03
175.14
126.56
116.05
102.34
118.12
35.6
Return on Capital (%)
81.65
61.27
48.46
22.33
32.29
35.04
70.7
244.09
275.74
342.62
540.18
663.04
481.67
448.46
430.04
512.98
35.04
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Jun'15
Sep'15
Dec'15
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
6
6
6
Market Capitalization
129
124
143

Working Capital

FRC

in mil. unless spec.
Jun'15
Sep'15
Dec'15
Total Current Assets
48
58
67
Cash, Cash Equivalents & STI
23
24
38
Accounts Receivable, Net
18
23
17
Inventories
6
10
12
Total Current Liabilities
17
25
31
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

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%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
394
2024
- -
- -
- -
- -
406
2025
- -
- -
- -
- -
459

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
4.51
2024
- -
- -
- -
- -
4.32
2025
- -
- -
- -
- -
5.15

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
2.86
2024
- -
- -
- -
- -
2.36
2025
- -
- -
- -
- -
2.73
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.