Prosegur Compania de Seguridad (PSG) AI Stock Analysis

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Prosegur Compania de Seguridad

(BME:PSG)

Select Model

Rating:62Neutral

Price Target:EUR 3.00▲(1.18% Upside)

Action:reiterated

Date:08/02/26

The score reflects steady financial performance and solid cash generation, partially offset by high balance-sheet leverage. Technicals are mildly supportive with the stock trading above major moving averages, and valuation is helped by a moderate P/E and strong dividend yield.

Positive Factors

Recurring service modelRecurring contracts across guarding, alarms, electronic security, and cash management can provide durable customer relationships and repeat revenue. This model supports visibility across the next several quarters, while maintenance and monitoring services can extend contract value beyond initial deployments.

Negative Factors

Elevated leverageDebt remains high relative to equity, leaving PSG more sensitive to earnings volatility and financing conditions. Although leverage has improved, the balance-sheet structure can constrain capital allocation and increase the importance of sustained cash generation for debt service.

Prosegur Compania de Seguridad (PSG) vs. iShares MSCI Spain ETF (EWP)

Market Cap: EUR 1.58B
Dividend Yield: 5.37%
Average Volume (3M): 170.68K
Price to Earnings (P/E): 12.9
Beta (1Y): 0.53
Revenue Growth: 0.60%
EPS Growth: 16.68%
Country: Spain
Employees: 176,067
Sector: General
Sector Strength: 55
Industry: Security & Protection Services

Prosegur Compania de Seguridad Business Overview & Revenue Model

Company Description

Prosegur Compañía de Seguridad, S.A. is a prominent entity within the private security sector. Its operations are organized into five distinct divisions: Security, Cash, Cybersecurity, Alarms, and AVOS (added-value outsourcing services). The Security...

How the Company Makes Money

Prosegur makes money primarily by selling security and cash-management services under recurring service contracts and project-based deployments. Key revenue streams typically include: (1) Security services (manned guarding and on-site security operat...

Prosegur Compania de Seguridad Financial Statement Overview

Summary

Operating performance is stable with modest TTM revenue growth (+2.18%) and steady-to-improving margins (EBITDA ~11.1%, EBIT ~6.7%), supported by positive free cash flow (~€241M) and FCF growth (+10.53%). The key drag is elevated leverage (debt-to-equity ~2.82x), which increases risk despite improving versus 2025.

Income Statement

66Positive

Balance Sheet

48Neutral

Cash Flow

62Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	5.06B	4.93B	4.91B	4.31B	4.17B	3.50B
Gross Profit	1.86B	1.00B	1.23B	874.15M	992.24M	808.21M
EBITDA	560.41M	543.70M	507.32M	417.46M	451.15M	364.17M
Net Income	122.27M	119.32M	78.08M	65.54M	64.68M	40.99M
Balance Sheet
Total Assets	4.69B	4.91B	4.63B	4.04B	4.83B	3.82B
Cash, Cash Equivalents and Short-Term Investments	721.28M	1.18B	700.01M	440.45M	1.18B	585.90M
Total Debt	2.09B	2.72B	1.96B	1.82B	2.54B	1.78B
Total Liabilities	3.81B	4.11B	3.74B	3.33B	4.04B	3.11B
Stockholders Equity	788.84M	720.54M	811.01M	681.46M	756.11M	692.39M
Cash Flow
Free Cash Flow	240.91M	242.46M	158.17M	139.41M	139.76M	186.17M
Operating Cash Flow	398.82M	377.24M	352.50M	293.20M	307.57M	330.30M
Investing Cash Flow	-221.80M	-209.62M	-169.00M	-185.09M	-145.45M	-25.70M
Financing Cash Flow	-297.11M	338.26M	103.42M	-791.54M	529.79M	-462.24M

Prosegur Compania de Seguridad Technical Analysis

Technical Analysis SentimentNeutral

Last Price2.96

Price Trends

50DMA2.95Positive

100DMA2.92Positive

200DMA2.81Positive

Market Momentum

MACD0.01Positive

RSI45.42Neutral

STOCH5.07Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ES:PSG, the sentiment is Neutral. The current price of 2.96 is below the 20-day moving average (MA) of 3.03, above the 50-day MA of 2.95, and above the 200-day MA of 2.81, indicating a neutral trend. The MACD of 0.01 indicates Positive momentum. The RSI at 45.42 is Neutral, neither overbought nor oversold. The STOCH value of 5.07 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for ES:PSG.

Prosegur Compania de Seguridad Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

ES:PSG against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ES:IDR	80Outperform	EUR 11.25B	25.45	26.31%	0.47%	28.40%	30.45%
ES:LOG	72Outperform	EUR 4.80B	17.31	42.84%	5.80%	3.79%	-11.33%
ES:FER	67Neutral	EUR 36.20B	58.95	10.42%	2.19%	5.46%	-81.98%
ES:ENO	64Neutral	EUR 2.42B	12.52	19.61%	11.19%	6.96%	―
ES:CASH	62Neutral	EUR 947.37M	10.70	41.48%	6.42%	-5.43%	-6.51%
ES:PSG	62Neutral	EUR 1.58B	12.92	15.99%	5.37%	0.60%	16.68%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%

* General Sector Average

Performance Comparison

ES:PSG and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
ES:PSG	Prosegur Compania de Seguridad	2.96	0.40	15.82%
ES:ENO	Elecnor SA	28.55	-0.80	-2.73%
ES:FER	Ferrovial SA	50.70	-2.68	-5.02%
ES:IDR	Indra Sistemas	63.88	13.57	26.96%
ES:LOG	Compania de Distribucion Integral Logista Holdings	36.36	9.00	32.90%
ES:CASH	Prosegur Cash	0.66	0.01	2.01%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 02, 2026

Prosegur Compania de Seguridad AI Stock Analysis

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