SECU-B Stock Analysis: Securitas | ST
Security & Protection Services | ST, Sweden | Market Cap: 90.087m SEK | 12M Return: 10.8% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 150M
EPS Trend: 96.4%
Qual. Beats: -2
Rev. Trend: -46.1%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Securitas AB (publ) is a Sweden-based global security services provider founded in 1934 and headquartered in Stockholm. The company operates across North America, Europe, Latin America, Africa, the Middle East, Asia, and Australia through three reporting segments: Securitas North America, Securitas Europe, and Securitas Ibero-America. Its service offering spans five main categories: intelligence and risk services, on-site guarding and safety services (including aviation and fire safety), operation management services (such as remote video, smart security, and track and trace), corporate risk management advisory, and electronic security technology, all supported by a network of operations centers.
As a participant in the Security & Alarm Services sub-industry, Securitas operates a hybrid business model that combines traditional manned guarding with increasingly technology-driven solutions like remote monitoring and electronic security. The broader security services sector has been shifting toward integrated, technology-enabled offerings-blending physical guards with sensors, video surveillance, and data-driven analytics-reflecting evolving client demand for scalable, cost-efficient protection across commercial and institutional markets.
- North America operating margin expansion accelerates on tech and guarding mix
- Stanley Security integration expands electronic security recurring revenue base
- Ibero-America revenue growth tempered by currency translation headwinds
| Net Income: 5.59b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA 3.06 > 1.0 |
| NWC/Revenue: 2.28% < 20% (prev 6.82%; Δ -4.53% < -1%) |
| CFO/TA 0.09 > 3% & CFO 10.4b > Net Income 5.59b |
| Net Debt (38.2b) to EBITDA (13.1b): 2.92 < 3 |
| Current Ratio: 1.09 > 1.5 & < 3 |
| Outstanding Shares: last quarter (572.9m) vs 12m ago 0.0% < -2% |
| Gross Margin: 21.38% > 18% (prev 21.14%; Δ 0.24% > 0.5%) |
| Asset Turnover: 131.4% > 50% (prev 139.9%; Δ -8.52% > 0%) |
| Interest Coverage Ratio: 8.57 > 6 (EBIT TTM 9.01b / Interest Expense TTM 1.05b) |
| A: 0.03 (Total Current Assets 43.2b - Total Current Liabilities 39.8b) / Total Assets 115b |
| B: 0.21 (Retained Earnings 24.0b / Total Assets 115b) |
| C: 0.08 (EBIT TTM 9.01b / Avg Total Assets 115b) |
| D: 0.55 (Book Value of Equity 41.1b / Total Liabilities 74.3b) |
| Altman-Z'' = 1.98 = BBB |
As of July 29, 2026, the stock is trading at SEK 156.40 with a total of 2,744,238 shares traded. Over the past week, the price has changed by -6.24%, over one month by -2.49%, over three months by -1.37% and over the past year by +10.76%.
Current recommended Stop Loss: 149.80 (which is 4.2% or 1.6 ATR below the current price).
Securitas has no consensus analysts rating.
P/E Trailing = 15.9048
P/E Forward = 13.3869
P/S = 0.5938
P/B = 2.4472
P/EG = 1.3338
Revenue TTM = 151b SEK
EBIT TTM = 9.01b SEK
EBITDA TTM = 13.1b SEK
Long Term Debt = 33.7b SEK (from longTermDebt, last fiscal year)
Short Term Debt = 9.63b SEK (from shortTermDebt, last quarter)
Debt = 44.4b SEK (from shortLongTermDebtTotal, last quarter) + Leases 4.36b
Net Debt = 38.2b SEK (calculated: Debt 44.4b - CCE 6.19b)
Enterprise Value = 128b SEK (90.1b + Debt 44.4b - CCE 6.19b)
Interest Coverage Ratio = 8.57 (Ebit TTM 9.01b / Interest Expense TTM 1.05b)
EV/FCF = 15.74x (Enterprise Value 128b / FCF TTM 8.15b)
FCF Yield = 6.35% (FCF TTM 8.15b / Enterprise Value 128b)
FCF Margin = 5.40% (FCF TTM 8.15b / Revenue TTM 151b)
Net Margin = 3.70% (Net Income TTM 5.59b / Revenue TTM 151b)
Gross Margin = 21.38% ((Revenue TTM 151b - Cost of Revenue TTM 119b) / Revenue TTM)
Gross Margin QoQ = 21.80% (prev 21.32%)
Tobins Q-Ratio = 1.11 (Enterprise Value 128b / Total Assets 115b)
Interest Expense / Debt = 2.37% (Interest Expense 1.05b / Debt 44.4b)
Taxrate = 28.80% (2.27b / 7.89b)
NOPAT = 6.42b (EBIT 9.01b * (1 - 28.80%))
Current Ratio = 1.09 (Total Current Assets 43.2b / Total Current Liabilities 39.8b)
Debt / Equity = 1.08 (Debt 44.4b / totalStockholderEquity, last quarter 41.1b)
Debt / EBITDA = 2.92 (Net Debt 38.2b / EBITDA 13.1b)
Debt / FCF = 4.69 (Net Debt 38.2b / FCF TTM 8.15b)
Total Stockholder Equity = 40.0b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.86% (Net Income 5.59b / Total Assets 115b)
RoE = 13.98% (Net Income TTM 5.59b / Total Stockholder Equity 40.0b)
RoCE = 12.23% (EBIT 9.01b / Capital Employed (Equity 40.0b + L.T.Debt 33.7b))
RoIC = 8.12% (NOPAT 6.42b / Invested Capital 79.0b)
WACC = 5.04% (E(90.1b)/V(134b) * Re(6.69%) + D(44.4b)/V(134b) * Rd(2.37%) * (1-Tc(0.29)))
Discount Rate = 6.69% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 0.0 | Cagr: 0.0%
[DCF] Terminal Value 77.97% ; FCFF base≈6.72b ; Y1≈7.71b ; Y5≈11.3b
[DCF] Fair Price = 231.4 (EV 171b - Net Debt 38.2b = Equity 132b / Shares 572.4m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 96.40 | EPS CAGR: 9.04% | SUE: -1.38 | # QB: -2
Revenue Correlation: -46.14 | Revenue CAGR: -1.18% | SUE: -0.06 | # QB: 0
EPS current Quarter (2026-09-30): EPS=3.58 | Chg30d=+2.78% | Revisions=+25% | Analysts=3
EPS current Year (2026-12-31): EPS=12.95 | Chg30d=+0.08% | Revisions=+25% | GrowthEPS=+12.1% | GrowthRev=-2.8%
EPS next Year (2027-12-31): EPS=14.04 | Chg30d=+0.84% | Revisions=+25% | GrowthEPS=+8.5% | GrowthRev=+3.6%
[Analyst] Revisions Ratio: +50% (up=3, down=0)