SECZ Stock Analysis: Securitize | NYSE
Software - Application | NYSE, USA | Market Cap: 1.458m USD | 12M Return: 1.7% | US81517B1017 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 13.6M
Warnings
Tailwinds
Seasonality
Securitize Corp. (NYSE: SECZ) is an application software company that provides a platform for tokenizing and managing digital asset securities. Founded in 2017 and headquartered in Miami, Florida, the company serves asset managers, Web3 firms, DAOs, advisors, and investors, with offerings spanning asset tokenization, capital raising, and secondary trading.
The company operates in the real-world asset (RWA) tokenization market, which uses blockchain-based representations of traditional securities and is subject to U.S. Securities and Exchange Commission regulation. Securitize has a strategic partnership with Socios.com to develop regulated tokenized equity offerings tied to minority interests in professional sports franchises.
Listed within the GICS Information Technology sector and Application Software sub-industry, the company completed its IPO on July 2, 2026, and trades with a small-cap market capitalization of approximately $1.46 billion USD.
- Institutional RWA tokenization adoption drives platform revenue
- SEC digital asset securities regulation tightens compliance burden
- Socios sports tokenization partnership expands deal pipeline
| Net Income: -31.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.06 > 0.02 and ΔFCF/TA 1.86 > 1.0 |
| NWC/Revenue: 60.61% < 20% (prev 0.14%; Δ 60.47% < -1%) |
| CFO/TA -0.05 > 3% & CFO -8.37m > Net Income -31.0m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 1.63 > 1.5 & < 3 |
| Outstanding Shares: last fiscal year (148.1m) vs prev 0.0% < -2% |
| Gross Margin: 18.51% > 18% (prev -9.01%; Δ 27.52% > 0.5%) |
| Asset Turnover: 31.04% > 50% (prev 7.63%; Δ 23.41% > 0%) |
| Interest Coverage Ratio: -2.00 > 6 (EBIT TTM -13.8m / Interest Expense TTM 6.89m) |
| A: 0.24 (Total Current Assets 97.5m - Total Current Liabilities 59.8m) / Total Assets 156.1m |
| B: -1.25 (Retained Earnings -195.1m / Total Assets 156.1m) |
| C: -0.07 (EBIT TTM -13.8m / Avg Total Assets 200.3m) |
| D: -0.02 (Book Value of Equity -2.43m / Total Liabilities 158.6m) |
| Altman-Z'' = -2.97 = D |
As of September 22, 2026, the stock is trading at USD 13.50 with a total of 6,841,946 shares traded. Over the past week, the price has changed by +64.43%, over one month by +120.23%, over three months by +26.88% and over the past year by +1.69%.
Current recommended Stop Loss: 12.30 (which is 8.9% or 1.4 ATR below the current price).
Securitize has no consensus analysts rating.
P/S = 21.8355
P/B = 999999.9999
Revenue TTM = 62.2m USD
EBIT TTM = -13.8m USD
EBITDA TTM = -11.9m USD
Long Term Debt = 72.6m USD (from longTermDebt, last fiscal year)
Short Term Debt = 101k USD (from shortTermDebt, last fiscal year)
Debt = 91.1m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 49.4m USD (calculated: Debt 91.1m - CCE 41.7m)
Enterprise Value = 1.51b USD (1.46b + Debt 91.1m - CCE 41.7m)
Interest Coverage Ratio = -2.00 (Ebit TTM -13.8m / Interest Expense TTM 6.89m)
EV/FCF = -168.8x (Enterprise Value 1.51b / FCF TTM -8.93m)
FCF Yield = -0.59% (FCF TTM -8.93m / Enterprise Value 1.51b)
FCF Margin = -14.37% (FCF TTM -8.93m / Revenue TTM 62.2m)
Net Margin = -49.83% (Net Income TTM -31.0m / Revenue TTM 62.2m)
Gross Margin = 18.51% ((Revenue TTM 62.2m - Cost of Revenue TTM 50.6m) / Revenue TTM)
Gross Margin QoQ = -0.65% (prev 30.33%)
Tobins Q-Ratio = 9.66 (Enterprise Value 1.51b / Total Assets 156.1m)
Interest Expense / Debt = 7.57% (Interest Expense 6.89m / Debt 91.1m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -10.9m (EBIT -13.8m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.63 (Total Current Assets 97.5m / Total Current Liabilities 59.8m)
Debt / Equity = -37.41 (negative equity) (Debt 91.1m / totalStockholderEquity, last quarter -2.43m)
Debt / EBITDA = -4.15 (negative EBITDA) (Net Debt 49.4m / EBITDA -11.9m)
Debt / FCF = -5.53 (negative FCF - burning cash) (Net Debt 49.4m / FCF TTM -8.93m)
Total Stockholder Equity = 83.4m (last 4 quarters mean from totalStockholderEquity)
RoA = -15.47% (Net Income -31.0m / Total Assets 156.1m)
RoE = -37.12% (Net Income TTM -31.0m / Total Stockholder Equity 83.4m)
RoCE = -8.85% (EBIT -13.8m / Capital Employed (Equity 83.4m + L.T.Debt 72.6m))
RoIC = -11.68% (negative operating profit) (NOPAT -10.9m / Invested Capital 93.3m)
WACC = 22.54% (E(1.46b)/V(1.55b) * Re(23.57%) + D(91.1m)/V(1.55b) * Rd(7.57%) * (1-Tc(0.21)))
Discount Rate = 23.57% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 10.87 | Cagr: -80.02%
[DCF] Fair Price = unknown (Cash Flow -8.93m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: N/A | # QB: 0
Revenue Correlation: N/A | Revenue CAGR: N/A | SUE: N/A | # QB: 0
EPS current Quarter (2026-09-30): EPS=-0.04 | Chg30d=+0.00% | Revisions=-25% | Analysts=2
EPS current Year (2026-12-31): EPS=-0.25 | Chg30d=+0.00% | Revisions=-25% | GrowthEPS=+94.0% | GrowthRev=+0.0%
EPS next Year (2027-12-31): EPS=-0.01 | Chg30d=N/A | Revisions=+0% | GrowthEPS=+94.0% | GrowthRev=+71.0%
[Analyst] Revisions Ratio: -40% (up=0, down=2)