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Secunet Security Networks AG (DE:YSN)
XETRA:YSN
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Secunet Security Networks (YSN) Price & Analysis

31 Followers

YSN Stock Chart & Stats

€195.20
€0.00(0.00%)
At close: 4:00 PM EST
€195.20
€0.00(0.00%)

Bulls Say, Bears Say

Bulls Say
Conservative Balance SheetA very low debt-to-equity ratio (~0.12 in 2025) and a growing equity base provide durable financial flexibility. This reduces refinancing risk across multi-year public procurements, supports investment in secure solutions, and cushions against cyclical revenue swings while preserving capital for strategic initiatives.
Strong Cash GenerationImproved 2025 operating cash flow (~€62.5M) and free cash flow (~€54.3M) show the business can convert profits into cash. Durable cash generation supports recurring maintenance, funds R&D and implementation projects, and provides buffer for timing mismatches in public-sector payment cycles.
Public‑sector / Regulated Client FocusA focus on governments and regulated industries drives long-term, compliance-driven demand and higher switching costs. These clients favor validated, high-assurance solutions and multi-year contracts, providing recurring maintenance and services revenue that enhances predictability and protects margins over time.
Bears Say
Sharp 2025 Revenue DeclineA ~24% revenue drop in 2025 is a material reduction in top-line scale and may reflect lost contracts, softer procurement cycles, or delayed programs. Sustained revenue shrinkage weakens operating leverage, reduces cover for fixed costs, and limits funding for strategic investments over the medium term.
Multi‑year Margin DowntrendMargins have declined since 2020–2021, suggesting eroding pricing power or rising cost intensity. A persistent margin contraction reduces free cash flow potential and the company's ability to absorb revenue volatility, undermining long-term profitability unless efficiency or pricing is restored.
Inconsistent Cash ConversionHistoric cash volatility — including negative operating and free cash flow in 2022 — signals uneven cash conversion across the cycle. Even with 2025 improvement, inconsistency raises financing and working capital risks during large government project rollouts or when contract timing is lumpy.

YSN FAQ

What was Secunet Security Networks AG’s price range in the past 12 months?
Secunet Security Networks AG lowest stock price was €152.80 and its highest was €246.50 in the past 12 months.
    What is Secunet Security Networks AG’s market cap?
    Secunet Security Networks AG’s market cap is €1.18B.
      When is Secunet Security Networks AG’s upcoming earnings report date?
      Secunet Security Networks AG’s upcoming earnings report date is Aug 13, 2026 which is in 51 days.
        How were Secunet Security Networks AG’s earnings last quarter?
        Currently, no data Available
        Is Secunet Security Networks AG overvalued?
        According to Wall Street analysts Secunet Security Networks AG’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
          Does Secunet Security Networks AG pay dividends?
          Secunet Security Networks AG pays a Annually dividend of €2.58 which represents an annual dividend yield of 1.53%. See more information on Secunet Security Networks AG dividends here
            What is Secunet Security Networks AG’s EPS estimate?
            Secunet Security Networks AG’s EPS estimate for its next earnings report is not yet available.
            How many shares outstanding does Secunet Security Networks AG have?
            Secunet Security Networks AG has 6,500,000 shares outstanding.
              What happened to Secunet Security Networks AG’s price movement after its last earnings report?
              Currently, no data Available
              Which hedge fund is a major shareholder of Secunet Security Networks AG?
              Currently, no hedge funds are holding shares in DE:YSN
              What is the TipRanks Smart Score and how is it calculated?
              Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                Secunet Security Networks Stock Smart Score

                Company Description

                Secunet Security Networks AG

                secunet Security Networks AG is a leading cybersecurity firm operating across Germany and on an international scale. The company provides a comprehensive suite of security solutions, including advanced biometric and electronic identity (eID) systems. These offerings feature middleware for biometric integration (secunet biomiddle), flexible border control applications for both static and mobile use (secunet bocoa), and automated border control systems like easygate, easykiosk for personal data collection, and easytower for biometric acquisition. Additionally, it develops specialized testing instruments such as the GlobalTester for smart cards and document readers, and the acclaimed Golden Reader Tool for electronic identity document readout. Its portfolio also encompasses robust cryptographic services, dedicated hardware security modules, and secure communication devices like the SINA Communicator H, a multi-crypto phone. Network security is enhanced with solutions such as the secunet Session Border Controller, which efficiently filters audio and video protocols. Further technological provisions include edge computing solutions (secunet edge), public key infrastructure specifically designed for automotive applications, and specialized connectors for healthcare telematics, such as the secunet konnektor for health networks and data center connectors for large medical facilities. secunet also offers services for digital identity protection (protect4use), isolated browsing environments for safely handling external content (secunet safe surfer), and secure systems for managing classified information (SINA Workflow). Its extensive service catalog includes IT security outsourcing, business continuity management, data protection management, and comprehensive information security management. For secure infrastructure, the company provides SecuStack, a turnkey cloud solution safeguarding critical applications and sensitive data, alongside Stashcat, a secure messaging platform widely used by police, public authorities, and corporate clients. Moreover, secunet delivers a range of advisory and analytical services, including security audits, penetration tests, anomaly detection, secure web solutions, and general security consulting. The company was established in 1997 and is headquartered in Essen, Germany.

                Secunet Security Networks (YSN) Earnings & Revenues

                YSN Stock 12 Month Forecast

                Average Price Target

                €257.00
                ▲(31.66% Upside)
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1,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":196.458,"date":1761955200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 3,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":182.439,"date":1764547200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 3,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n   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