SECU-B Stock Analysis: Securitas | ST
Security & Protection Services | ST, Sweden | Market Cap: 89.301m SEK | 12M Return: 12.3% | SE0000163594 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 217M
EPS Trend: 95.7%
Qual. Beats: 0
Rev. Trend: -46.1%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.7 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 Swedish security services provider founded in 1934 and headquartered in Stockholm. The company operates across three reportable segments - Securitas North America, Securitas Europe, and Securitas Ibero-America - delivering services in roughly 50 markets across the Americas, Europe, Africa, the Middle East, Asia, and Australia.
Its offering spans five service categories: intelligence and risk services, on-site guarding and safety services (including aviation and fire safety), remote and technology-enabled operations (such as video monitoring, smart security, and track-and-trace), corporate risk advisory, and electronic security. Securitas also runs dedicated operation centers that support its remote monitoring capabilities.
The company sits within the Industrials sector, specifically the Security & Alarm Services sub-industry, which historically has combined labor-intensive manned guarding with growing electronic and software-based solutions. Industry dynamics include rising demand for integrated, technology-driven security offerings as clients increasingly consolidate vendors and shift from pure guarding toward data-enabled remote monitoring.
- Stanley integration lifts North America margins and synergies
- Labor inflation pressures European guarding pricing power
- Ibero-America organic growth offsets mature market weakness
| Net Income: 5.59b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA 1.13 > 1.0 |
| NWC/Revenue: 2.28% < 20% (prev 6.82%; Δ -4.53% < -1%) |
| CFO/TA 0.09 > 3% & CFO 9.92b > Net Income 5.59b |
| Net Debt (37.8b) to EBITDA (13.1b): 2.90 < 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: 5.66 > 6 (EBIT TTM 9.01b / Interest Expense TTM 1.59b) |
| 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 October 29, 2026, the stock is trading at SEK 153.70 with a total of 1,288,553 shares traded. Over the past week, the price has changed by -7.47%, over one month by -0.71%, over three months by -3.21% and over the past year by +12.27%.
Current recommended Stop Loss: 149.50 (which is 2.7% or 1.3 ATR below the current price).
Securitas has no consensus analysts rating.
P/E Trailing = 16.0
P/E Forward = 10.8696
P/S = 0.5914
P/B = 2.1003
P/EG = 1.3338
Revenue TTM = 151b SEK
EBIT TTM = 9.01b SEK
EBITDA TTM = 13.1b SEK
Long Term Debt = 27.4b SEK (from longTermDebt, last quarter)
Short Term Debt = 9.63b SEK (from shortTermDebt, last quarter)
Debt = 44.4b SEK (from shortLongTermDebtTotal, last quarter) + Leases 4.34b
Net Debt = 37.8b SEK (calculated: Debt 44.4b - CCE 6.54b)
Enterprise Value = 127b SEK (89.3b + Debt 44.4b - CCE 6.54b)
Interest Coverage Ratio = 5.66 (Ebit TTM 9.01b / Interest Expense TTM 1.59b)
EV/FCF = 16.63x (Enterprise Value 127b / FCF TTM 7.64b)
FCF Yield = 6.01% (FCF TTM 7.64b / Enterprise Value 127b)
FCF Margin = 5.06% (FCF TTM 7.64b / 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 = 1.10 (Enterprise Value 127b / Total Assets 115b)
Interest Expense / Debt = 3.59% (Interest Expense 1.59b / 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 = 2.90 (Net Debt 37.8b / EBITDA 13.1b)
Debt / FCF = 4.95 (Net Debt 37.8b / FCF TTM 7.64b)
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 = 13.37% (EBIT 9.01b / Capital Employed (Equity 40.0b + L.T.Debt 27.4b))
RoIC = 8.15% (NOPAT 6.42b / Invested Capital 78.7b)
WACC = 4.80% (E(89.3b)/V(134b) * Re(5.92%) + D(44.4b)/V(134b) * Rd(3.59%) * (1-Tc(0.29)))
Discount Rate = 5.92% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 0.0 | Cagr: 0.0%
[DCF] Terminal Value 77.97% ; FCFF base≈7.10b ; Y1≈8.14b ; Y5≈12.0b
[DCF] Fair Price = 261.2 (EV 180b - Net Debt 37.8b = Equity 143b / Shares 545.5m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 95.67 | EPS CAGR: 8.84% | SUE: -0.81 | # QB: 0
Revenue Correlation: -46.14 | Revenue CAGR: -1.18% | SUE: -0.06 | # QB: 0
EPS current Quarter (2027-03-31): EPS=3.17 | Chg30d=+1.77% | Revisions=+40% | Analysts=2
EPS current Year (2026-12-31): EPS=12.90 | Chg30d=-0.08% | Revisions=+67% | GrowthEPS=+11.7% | GrowthRev=-2.2%
EPS next Year (2027-12-31): EPS=14.09 | Chg30d=+0.69% | Revisions=+67% | GrowthEPS=+9.2% | GrowthRev=+4.5%
[Analyst] Revisions Ratio: +82% (up=14, down=0)