secunet Security Networks AG (YSN.DE)
Essen, DE
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.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.84% | -3.29% | -0.63% | -0.21% | +5.03% | +3.18% | -5.34% | -6.00% | -39.94% | +607.56% | +889.47% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 1 | 0 |
| Buy | 2 | -1 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Software - Infrastructure: +13.7%+12.9% Q4'25: -52.3% (vs Q4'23)
-
EPS growth Software - Infrastructure: +28.7%+19.2% Q4'25: -12.4% (vs Q4'23)
-
FCF margin FCF growth · Software - Infrastructure: +32.2%+11.4% ★ Q4'25: +56.6% (vs Q4'23)
-
EBIT margin Software - Infrastructure: +8.8%+11.4% ★ Q4'25: +32.0% (vs Q4'23)
-
ROIC Software - Infrastructure: +6.6%+34.0% ★ Q4'25: +94.4% (vs Q4'23)
-
Share dilution Software - Infrastructure: +0.0%+0.0% Q4'25: +0.0% (vs Q4'23)
-
Debt / EBITDA Net debt/EBITDA · Software - Infrastructure: -1.06×0.27× Q4'25: 0.12× (vs Q4'23)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2008 actual |
Dec 2009 actual |
Dec 2010 actual |
Dec 2011 actual |
Dec 2012 actual |
Dec 2013 actual |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 3 Rev. Ana. 3 EPS Ana. |
Dec 2027 3 Rev. Ana. 3 EPS Ana. |
Dec 2028 3 Rev. Ana. 3 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
52.08M
est: 53.29M (-2.3%)
|
63.96M
est: 64.86M (-1.4%)
|
59.46M
est: 59.12M (+0.6%)
|
55.59M
est: 56.43M (-1.5%)
|
67.24M
est: 68.01M (-1.1%)
|
63.89M
est: 64.86M (-1.5%)
|
91.09M
est: 90.40M (+0.8%)
|
115.71M
est: 115.70M (+0.0%)
|
158.32M
est: 160.00M (-1.0%)
|
163.29M
est: 164.34M (-0.6%)
|
226.90M
est: 226.90M (+0.0%)
|
285.59M
est: 285.60M (0.0%)
|
337.62M
est: 337.60M (+0.0%)
|
347.22M
est: 344.74M (+0.7%)
|
393.68M
est: 386.46M (+1.9%)
|
406.38M
est: 404.61M (+0.4%)
|
458.83M
est: 458.80M (+0.0%)
|
503.23M
498.40M – 508.80M
+9.7% YoY
|
554.40M
545.70M – 569.80M
+10.2% YoY
|
609.77M
609.75M – 609.78M
+10.0% YoY
|
| EBITDA |
3.05M
est: 6.02M (-49.3%)
|
4.73M
est: 4.07M (+16.4%)
|
4.65M
est: 4.76M (-2.3%)
|
4.89M
est: 4.47M (+9.5%)
|
6.71M
est: 12.11M (-44.5%)
|
4.66M
est: 11.55M (-59.6%)
|
9.89M
est: 16.43M (-39.8%)
|
15.29M
est: 21.03M (-27.3%)
|
25.45M
est: 29.08M (-12.5%)
|
29.07M
est: 26.10M (+11.4%)
|
39.82M
est: 39.79M (+0.1%)
|
59.61M
est: 51.91M (+14.8%)
|
73.82M
est: 47.92M (+54.0%)
|
62.10M
est: 62.61M (-0.8%)
|
60.24M
est: 66.79M (-9.8%)
|
60.49M
est: 69.93M (-13.5%)
|
75.59M
est: 79.29M (-4.7%)
|
86.97M
86.13M – 87.93M
+9.7% YoY
|
95.81M
94.31M – 98.47M
+10.2% YoY
|
105.38M
105.38M – 105.38M
+10.0% YoY
|
| EBIT |
2.22M
est: 4.40M (-49.6%)
|
3.91M
est: 2.31M (+69.2%)
|
3.67M
est: 4.01M (-8.4%)
|
3.99M
est: 3.44M (+16.2%)
|
5.78M
est: 9.59M (-39.7%)
|
3.70M
est: 9.15M (-59.6%)
|
8.78M
est: 13.02M (-32.6%)
|
13.79M
est: 16.66M (-17.2%)
|
23.66M
est: 23.04M (+2.7%)
|
26.77M
est: 24.06M (+11.3%)
|
33.22M
est: 37.20M (-10.7%)
|
51.67M
est: 41.13M (+25.6%)
|
63.88M
est: 48.62M (+31.4%)
|
46.92M
est: 49.61M (-5.4%)
|
42.99M
est: 50.48M (-14.8%)
|
42.70M
est: 52.85M (-19.2%)
|
52.36M
est: 59.93M (-12.6%)
|
65.73M
65.10M – 66.46M
+9.7% YoY
|
72.41M
71.28M – 74.42M
+10.2% YoY
|
79.64M
79.64M – 79.65M
+10.0% YoY
|
| Net Income |
1.73M
est: 3.40M (-49.1%)
|
2.41M
est: 2.07M (+16.4%)
|
1.82M
est: 2.64M (-31.2%)
|
2.70M
est: 1.72M (+57.4%)
|
3.69M
est: 3.81M (-3.2%)
|
2.38M
est: 2.50M (-4.8%)
|
6.10M
est: 4.79M (+27.3%)
|
9.22M
est: 9.45M (-2.5%)
|
15.87M
est: 15.28M (+3.8%)
|
17.92M
est: 16.28M (+10.1%)
|
22.27M
est: 24.77M (-10.1%)
|
35.11M
est: 35.29M (-0.5%)
|
43.10M
est: 43.58M (-1.1%)
|
31.31M
est: 31.97M (-2.1%)
|
29.15M
est: 27.65M (+5.4%)
|
27.95M
est: 28.71M (-2.6%)
|
33.34M
est: 34.78M (-4.1%)
|
39.43M
39.21M – 39.79M
+13.4% YoY
|
47.70M
46.13M – 49.30M
+21.0% YoY
|
54.87M
52.34M – 57.00M
+15.0% YoY
|
| SGA |
—
est: 21.75M (-100.0%)
|
8.05M
est: 22.88M (-64.8%)
|
—
est: 20.24M (-100.0%)
|
8.63M
est: 22.34M (-61.4%)
|
9.02M
est: 6.32M (+42.6%)
|
11.76M
est: 8.58M (+37.0%)
|
14.22M
est: 8.58M (+65.7%)
|
15.90M
est: 10.98M (+44.8%)
|
19.19M
est: 15.19M (+26.3%)
|
19.87M
est: 19.68M (+0.9%)
|
22.09M
est: 27.57M (-19.8%)
|
27.19M
est: 27.11M (+0.3%)
|
30.23M
est: 32.05M (-5.7%)
|
33.09M
est: 32.70M (+1.2%)
|
36.67M
est: 36.48M (+0.5%)
|
41.08M
est: 38.20M (+7.6%)
|
42.63M
est: 43.31M (-1.6%)
|
47.50M
47.05M – 48.03M
+9.7% YoY
|
52.33M
51.51M – 53.79M
+10.2% YoY
|
57.56M
57.56M – 57.56M
+10.0% YoY
|
| EPS |
0.27
est: 0.26 (+4.8%)
|
0.37
est: 0.44 (-16.7%)
|
0.28
est: 0.40 (-30.7%)
|
0.42
est: 0.39 (+6.6%)
|
0.57
est: 0.59 (-2.7%)
|
0.37
est: 0.38 (-3.6%)
|
0.94
est: 0.74 (+27.0%)
|
1.43
est: 1.46 (-2.1%)
|
2.45
est: 2.36 (+3.8%)
|
2.77
est: 2.75 (+0.9%)
|
3.44
est: 3.50 (-1.7%)
|
5.43
est: 5.45 (-0.4%)
|
6.66
est: 6.73 (-1.0%)
|
4.84
est: 4.94 (-2.0%)
|
4.51
est: 4.27 (+5.5%)
|
4.32
est: 4.42 (-2.2%)
|
5.15
est: 5.38 (-4.2%)
|
6.10
6.06 – 6.15
+13.5% YoY
|
7.39
7.13 – 7.62
+21.1% YoY
|
8.50
8.09 – 8.81
+15.0% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-11 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 3/5 | 2/5 | 1/5 |
| 2026-05-08 | B+ | 3/5 | 4/5 | 5/5 | 4/5 | 3/5 | 2/5 | 1/5 |
| 2026-05-07 | B+ | 3/5 | 4/5 | 5/5 | 4/5 | 3/5 | 2/5 | 1/5 |
| 2026-05-06 | B+ | 3/5 | 4/5 | 5/5 | 4/5 | 3/5 | 2/5 | 1/5 |
| 2026-05-05 | A- | 4/5 | 4/5 | 5/5 | 4/5 | 3/5 | 2/5 | 2/5 |
| 2026-05-04 | A- | 4/5 | 4/5 | 5/5 | 4/5 | 3/5 | 2/5 | 2/5 |
| 2026-04-30 | B+ | 3/5 | 3/5 | 4/5 | 4/5 | 3/5 | 2/5 | 2/5 |
| 2026-04-29 | B+ | 3/5 | 3/5 | 4/5 | 4/5 | 3/5 | 2/5 | 2/5 |
| 2026-04-28 | B+ | 3/5 | 3/5 | 4/5 | 4/5 | 3/5 | 2/5 | 2/5 |
| 2026-04-27 | B+ | 3/5 | 3/5 | 4/5 | 4/5 | 3/5 | 2/5 | 2/5 |
| 2026-04-24 | B+ | 3/5 | 3/5 | 4/5 | 4/5 | 3/5 | 2/5 | 2/5 |
| 2026-04-23 | B | 3/5 | 3/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-22 | B | 3/5 | 3/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-21 | B | 3/5 | 3/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-20 | B | 3/5 | 3/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-17 | B | 3/5 | 3/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-16 | B | 3/5 | 3/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | Amundi SDAX UCITS ETF Dist C005.DE | 0.70% | 1.25M | 0.70% |
| 2 | Amundi MSCI EMU Small Cap ESG Broad Transition UCITS ETF Dist MMS.PA | 0.16% | 1.12M | 0.40% |
| 3 | Amundi MSCI Europe Small Cap ESG Broad Transition UCITS ETF Acc CEM.PA | 0.06% | 218.9K | 0.23% |
| 4 | Amundi MSCI Europe Small Cap ESG Broad Transition UCITS ETF Dist X026.DE | 0.06% | 218.9K | 0.23% |
| 5 | UBS MSCI EMU Small Cap UCITS ETF EUR dis UEFD.DE | 0.05% | 394.2K | 0.33% |
| 6 | iShares MSCI EMU Small Cap UCITS ETF CES1.L | 0.05% | 550.2K | 0.58% |
| 7 | Xtrackers MSCI Europe Small Cap UCITS ETF 1C XXSC.L | 0.02% | 709.3K | 0.30% |
| 8 | iShares MSCI Europe Small-Cap ETF IEUS | 0.02% | 34.1K | 0.41% |
| 9 | Vanguard Germany All Cap UCITS ETF (EUR) Distributing VGER.DE | 0.02% | 54.7K | 0.07% |
| 10 | Schwab International Small-Cap Equity ETF SCHC | 0.01% | 624.6K | 0.06% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Marc-Julian Siewert | Chief Executive Officer & Chairman of the Management Board | 481.6K | male |
| Kai Martius | Chief Technology Officer & Full Member of the Management Board | 376.4K | — |
| Torsten Henn | Chief Operating Officer & Full Member of the Management Board | 373.8K | male |
| Jessica Nospers | Chief Financial Officer & Member of the Management Board | 289.8K | female |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for YSN.DE
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

MSCI World Index (MSC)
NASDAQ Composite (NASDAQ)
FTSE China A50 Index (FGI)
STOXX Europe 600 (SIX)
Nikkei 300 (OSA)
NIFTY 50 (NSE)
DAX Performance Index (XETRA)
FTSE 100 (FGI)
CAC 40 (EURONEXT)
