Secunet Security Networks AG/€YSN
1D1W1MYTD1Y5YMAX
Capital at risk
About Secunet Security Networks AG
Secunet Security Networks AG is a company operating within the cybersecurity industry, providing comprehensive IT security solutions. The company focuses on delivering products and services that include network security, encryption technologies, and secure communication systems. Founded in 1997, Secunet has its headquarters in Essen, Germany. Its client portfolio spans sectors such as government institutions, healthcare, and critical infrastructure, highlighting its expertise in securing sensitive data. Secunet's strategic positioning is characterized by its emphasis on innovation and compliance with high-security standards, ensuring its solutions meet stringent regulatory requirements.
- Ticker
- €YSN
- Sector
- Business services
- Primary listing
- XETRA
- Employees
- 1,226
- Headquarters
- Essen, Germany
- Website
- www.secunet.com
YSN Metrics
BasicAdvanced
€1.3B
38.81
€5.29
0.99
€2.58
1.26%
Price and volume
Market cap
€1.3B
Beta
0.99
52-week high
€247.00
52-week low
€152.80
Average daily volume
4.8K
Dividend rate
€2.58
Financial strength
Current ratio
1.737
Quick ratio
0.712
Long term debt to equity
0.093
Total debt to equity
0.19
Dividend payout ratio (TTM)
48.79%
Interest coverage (TTM)
66.03%
Profitability
EBITDA (TTM)
67.807
Gross margin (TTM)
22.52%
Net profit margin (TTM)
6.96%
Operating margin (TTM)
10.75%
Effective tax rate (TTM)
35.14%
Revenue per employee (TTM)
€400,000
Management effectiveness
Return on assets (TTM)
8.61%
Return on equity (TTM)
23.24%
Valuation
Price to earnings (TTM)
38.813
Price to revenue (TTM)
2.7
Price to book
8.42
Price to tangible book (TTM)
15.85
Price to free cash flow (TTM)
-1,138.551
Free cash flow yield (TTM)
-0.09%
Free cash flow per share (TTM)
-0.18
Dividend yield (TTM)
1.26%
Forward dividend yield
1.26%
Growth
Revenue change (TTM)
13.37%
Earnings per share change (TTM)
7.09%
3-year revenue growth (CAGR)
10.63%
10-year revenue growth (CAGR)
17.35%
3-year earnings per share growth (CAGR)
13.07%
10-year earnings per share growth (CAGR)
16.96%
3-year dividend per share growth (CAGR)
-3.38%
10-year dividend per share growth (CAGR)
22.47%
Bulls say / Bears say
H1 2026 showed strong operating momentum: revenue rose 19.2% to €204.7 million, EBIT increased 20.4% to €8.7 million, and Q2 EBIT more than doubled to €12.6 million. (secunet)
Forward visibility improved materially, with H1 order intake up 78.7% to €287.4 million, book-to-bill at 1.4x and the order book up 29.4% to €360.8 million at June 30, 2026. (secunet)
Demand is especially strong in Secunet’s core public-sector markets: H1 Public Sector revenue increased 29.4%, while Defence & Space and Homeland Security both delivered strong growth; management consequently expects 2026 revenue toward the upper end of its €460–500 million guidance range. (secunet)
Business Sector revenue fell 47.4% year over year in H1 2026 to €12.0 million, primarily because of weaker healthcare demand, exposing weakness outside the public-sector franchise. (secunet)
Profitability remains sensitive to investment and project mix: Q1 2026 EBITDA fell to €1.4 million from €6.6 million and EBIT turned negative at –€4.0 million, reflecting organizational build-up, higher personnel costs and hardware-heavy projects. (secunet)
The new dividend policy makes shareholder distributions less predictable, with the payout ratio now flexibly set between 30% and 50% of consolidated net income depending on financing needs. (secunet)
Data summarised monthly by Lightyear AI. Last updated on 9 Sept 2026.
Upcoming events
No upcoming events
Funds containing YSN
AllEURGBPUSD
Fund name | Fund size | €YSN weighting |
|---|---|---|
Xtrackers MSCI Europe Small Cap€DX2J | €3.2B | 0.02% |
Xtrackers MSCI Europe Small Cap£XXSC | £2.8B | 0.02% |
SPDR MSCI All Country World IM€SPYI | €7.5B | 0.00% |
Vanguard ESG Global All Cap£V3AB | £905M | 0.00% |
iShares MSCI World Small Cap$WSML | $9B | 0.00% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.