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Securitas AB
(SECU.B)
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Rating:61Neutral
Price Target:
kr174.00
▲(17.89% Upside)
Action:Downgraded
Date:08/18/26
The score is driven primarily by mixed financial performance: improving margins/ROE and better leverage trends are offset by a sharp TTM revenue decline and weakening free cash flow trajectory. Technical indicators are notably weak (below major moving averages with negative momentum), while valuation is a modest positive due to a reasonable P/E and solid dividend yield.
Positive Factors
Improving profitability and returns
Improved margins and ROE indicate that Securitas is converting its security-services revenue into stronger earnings than in 2023. If maintained, better profitability can support reinvestment, strengthen resilience against cost pressures, and improve the economics of its recurring customer contracts.
Negative Factors
Sharp revenue decline
The steep TTM revenue contraction is the clearest threat to Securitas's durable growth profile. Prolonged top-line weakness could reduce operating scale, limit investment capacity, and make it harder for improved margins and earnings to persist across the company's contract-based operations.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving profitability and returns
Improved margins and ROE indicate that Securitas is converting its security-services revenue into stronger earnings than in 2023. If maintained, better profitability can support reinvestment, strengthen resilience against cost pressures, and improve the economics of its recurring customer contracts.
Read all positive factors
Securitas AB (SECU.B) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr88.06B
Dividend Yield3.19%
Average Volume (3M)1.33M
Price to Earnings (P/E)12.5
Beta (1Y)0.68
Revenue Growth-4.70%
EPS Growth40.25%
CountrySE
Employees322,000
SectorGeneral
Sector StrengthN/A
IndustrySecurity & Protection Services
Share Statistics
EPS (TTM)9.75
Shares Outstanding546,454,160
10 Day Avg. Volume1,748,721
30 Day Avg. Volume1,327,571
Financial Highlights & Ratios
PEG Ratio-18.56
Price to Book (P/B)2.16
Price to Sales (P/S)0.54
P/FCF Ratio11.74
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)12.78
Revenue Forecast (FY)kr151.49B
Securitas AB Business Overview & Revenue Model
Company Description
Securitas AB (publ) functions as a global provider of security services, extending its operations across numerous continents, including North America, Europe, Latin America, Africa, the Middle East, Asia, and Australia. The company organizes its b...
How the Company Makes Money
Securitas primarily makes money by selling security services under contracts to customers, generating recurring service revenue over the contract term. A major revenue stream comes from manned guarding and mobile patrols, where customers pay for d...
Securitas AB Financial Statement Overview
Summary
Income Statement
64
Positive
Balance Sheet
68
Positive
Cash Flow
61
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 151.00B | 155.11B | 161.92B | 157.25B | 133.24B | 107.70B |
| Gross Profit | 32.28B | 32.58B | 33.99B | 31.95B | 25.90B | 19.29B |
| EBITDA | 13.07B | 13.14B | 14.68B | 13.55B | 10.21B | 7.75B |
| Net Income | 5.59B | 5.12B | 5.16B | 1.28B | 4.31B | 3.13B |
Balance Sheet | ||||||
| Total Assets | 115.38B | 109.44B | 123.59B | 116.39B | 115.51B | 63.36B |
| Cash, Cash Equivalents and Short-Term Investments | 6.54B | 7.32B | 7.62B | 8.26B | 6.50B | 5.01B |
| Total Debt | 40.03B | 42.49B | 46.83B | 47.30B | 48.32B | 20.06B |
| Total Liabilities | 74.27B | 70.40B | 80.91B | 79.69B | 79.07B | 42.56B |
| Stockholders Equity | 41.10B | 39.03B | 42.68B | 36.70B | 36.42B | 20.79B |
Cash Flow | ||||||
| Free Cash Flow | 7.64B | 7.18B | 5.66B | 4.90B | 3.34B | 4.20B |
| Operating Cash Flow | 9.92B | 9.47B | 7.97B | 7.46B | 5.62B | 5.98B |
| Investing Cash Flow | -2.15B | -2.59B | -2.48B | -2.72B | -34.49B | -3.03B |
| Financing Cash Flow | -8.44B | -6.93B | -6.11B | -2.96B | 30.24B | -2.85B |
Securitas AB Technical Analysis
Neutral
147.60
Price Trends
153.94
Positive
155.36
Positive
154.85
Positive
Market Momentum
1.75
Positive
46.51
Neutral
27.66
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:SECU.B, the sentiment is Neutral. The current price of 147.6 is below the 20-day moving average (MA) of 158.92, below the 50-day MA of 153.94, and below the 200-day MA of 154.85, indicating a neutral trend. The MACD of 1.75 indicates Positive momentum. The RSI at 46.51 is Neutral, neither overbought nor oversold. The STOCH value of 27.66 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SE:SECU.B.
Securitas AB Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | kr31.39B | 20.80 | ― | 2.48% | 4.26% | 30.00% | |
74 Outperform | kr424.87B | 25.07 | 15.41% | 1.61% | 0.27% | 15.51% | |
67 Neutral | kr35.35B | 19.72 | 14.93% | 2.70% | -1.94% | 8.99% | |
61 Neutral | kr88.06B | 12.46 | 17.04% | 3.19% | -4.70% | 40.25% | |
57 Neutral | kr105.88M | 39.39 | ― | ― | 16.19% | ― | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
54 Neutral | €10.36B | -86.21 | ― | 1.00% | 9.90% | -38.94% |
* General Sector Average
SE:SECU.B
Securitas AB
153.70
17.57
12.91%
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Securitas AB Corporate Events
Securitas sets October 23 date for Q3 2026 interim report and investor call
Oct 14, 2026
Securitas AB will publish its interim report for the July–September 2026 period on October 23, 2026, at 8:00 a.m. CEST, with the release distributed via Cision and simultaneously available on the company’s website. Presentation slides ...
Securitas Credit Rating Upgraded to ‘BBB+’ by S&P Global Ratings
Aug 28, 2026
Securitas AB has been upgraded by SP Global Ratings to a long-term credit rating of ‘BBB+’ from ‘BBB’, with a stable outlook, reflecting the rating agency’s increased confidence in the group’s financial profile....
Securitas lifts margins and earnings despite flat organic growth in Q2 2026
Jul 24, 2026
Securitas AB reported second-quarter 2026 total sales of SEK 37.8 billion, slightly down year on year, with flat organic sales but adjusted organic growth of 3 percent as it winds down certain government business. The group continued to shift towa...
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.