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Croma Security Solutions Group Plc (CSSG) fair value: what the stock is really worth

As of Sep 24, 2026: fair value of Croma Security Solutions Group Plc £0.89, price £0.72, upside +24.5%, quality 59 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Fair value above price? Yes
  2. Good quality? Yes
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Industrials · GB · ISIN GB00B5MJV178

CS Thin data Sep 23, 2026

Croma Security Solutions Group Plc

CSSG · LSE

UndervaluedThe stock appears undervalued with acceptable quality.

✓Fair value £0.8900 · Undervalued (+24%)
!Quality 59/100
!Weak Growth (revenue 5y −21.5 %/yr)
!Thin margins · 6.6% net margin (TTM)
!Low debt · negative free cash flow
·3.36% dividend yield
✓Ranks above peers (9/13)
!Narrow moat 34/100
!Evidence only low, so the estimate is less certain
!Weak on past: 17 out of 100
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What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

£0.9068 £0.3932 Fair Value £0.8900 Nov 2019 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 23, 2026.

How to read this chart

60‑month range £0.3932 – £0.9068 · fair‑value band £0.8800 – £0.8900 · the £0.7150 price screens below the £0.8900 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Sep 23, 2026.

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Company profile

Croma Security Solutions Group plc provides security services in the United Kingdom. The company operates through Croma Locksmiths; and Croma Fire and Security segments. The Croma Locksmiths segment supplies, installs, and maintains locks, padlocks, keys, safes, ironmongery, UPVC mechanisms, security shutters, grilles, and doors.

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Croma Security Solutions Group plc provides security services in the United Kingdom. The company operates through Croma Locksmiths; and Croma Fire and Security segments. The Croma Locksmiths segment supplies, installs, and maintains locks, padlocks, keys, safes, ironmongery, UPVC mechanisms, security shutters, grilles, and doors. The Croma Fire and Security segment designs, supplies, installs, monitors, and maintains intruder alarms systems, CCTV, security, fire and life safety systems, access control systems, perimeter detection systems, barriers, gates, bollards, and automatic doors/shutters. It also offers range of electronic security solutions and services to commercial and individual customers. Croma Security Solutions Group plc was formerly known as Croma Group plc and changed its name to Croma Security Solutions Group plc in March 2012. The company was incorporated in 1996 and is headquartered in Whiteley, the United Kingdom.

Stock analysis

Croma Security Solutions Group Plc (CSSG) currently trades at £0.7150, while our model-based Fair Value estimate is £0.8900, implying the stock looks roughly 19.7% undervalued today.

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Valuation

Bull case: the Growth Earnings group reads highest at a median of £1.39 per share, and 12 of the 17 models we run sit above the £0.7150 price.

Bear case: the Dividend Discount group reads lowest at £0.3300, and 5 of the 17 models stay below the price. Evidence for this calculation is low.

Scenario range: £0.8800 (bear) to £0.8900 (bull), the price of £0.7150 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 59/100 (solid quality), in the Industrials sector.

Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.

Croma Security Solutions Group Plc reported revenue of £9.6M in FY2025 versus £32.5M in FY2021, a compound −26.2%/yr. Reported net income was £786K in FY2025, compounding −5.3%/yr from FY2021.

Key figures

Market cap 9.8M GBX · P/E ratio 14.3 · P/S ratio 1.17 · EPS (TTM) £0.0500 · Dividend yield 3.4% · Net margin 8.2% · Return on equity 4.3% · Return on assets (EBIT) 3.3%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 46 out of 100 (low confidence).

What moves the price

The share trades about 13% below its 52-week high and 8% above its 52-week low, currently above its 200-day average.

For context, the median of 10 Industrials peers we cover trades at −12% fair-value upside, at 24%, CSSG screens cheaper than that median.

Fair Value models

Bear £0.8800 Fair Value £0.8900 Bull £0.8900
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 12 months old). Earnings retained since then (£0.0260 per share) are deliberately not added. Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Highest evidence
Owner Earnings £0.3900 £0.4300 £0.4900 78
Residual Income £0.8600 £0.8700 £0.8200 76
EPV £0.6700 £0.7200 £0.7700 74
All 17 models by family
DCF Models
Owner Earnings £0.3900 £0.4300 £0.4900 78
Earnings-Based
Graham-Dodd £0.3900 £1.25 £1.67 64
Lynch FV £0.2800 £0.4000 £0.5100 61
PEG = 1.0 £0.2800 £0.4000 £0.5100 57
EPV £0.6700 £0.7200 £0.7700 74
Dividend Discount
Gordon GGM £0.2000 £0.4000 £0.6100 66
DDM Multi-Stage £0.2000 £0.3300 £0.4200 67
Multiples
P/E Multiple £1.20 £1.60 £2.00 63
P/S Multiple £0.7300 £0.9700 £1.21 58
P/B Multiple £0.7300 £0.9700 £1.21 55
EV/EBIT £1.09 £1.35 £1.61 66
EV/EBITDA £1.46 £1.84 £2.22 67
EV/Revenue £0.7100 £0.8800 £1.05 54
Asset-Based
NCAV (Graham) £0.5700 £0.7700 £1.14 54
Economic Profit
Residual Income £0.8600 £0.8700 £0.8200 76
ROIC Compounder £0.6700 £0.7200 £0.7700 72
Growth Earnings
Growth-Adj P/E £0.9700 £1.39 £1.81 67

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Quality Score breakdown

Overall quality 59/100

Of which business quality 58 · Market factors (momentum, volatility) 56

Profitability 37
Margins and returns on capital today
Quality Growth 63
Are margins and returns improving?
Cashflow 13
Earnings quality: real cash, not paper profit
Fin. Strength 96
Balance sheet, leverage, solvency risk
Investment 64
Disciplined investing over empire-building
Low Volatility 97
Calm price path (market factor)
Momentum 42
Price trend over the last 3–12 months (market factor)
52W Momentum 32
Distance to the 52-week high (market factor)
Net Issuance 91
Share count: buybacks or dilution?

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Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 20/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+10.3%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−35.1%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−21.5%
Start year 2020 (pandemic). Over 10 years: −4.8% a year
Revenue growth 22 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+21.1%
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−1.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year−4.5%
Dividend (yield on the price)3.4%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−5% vs 10%, slowing
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.0% → 6%
Start year 2020 (pandemic)
⚠ Revenue per share shrinking 4.4%/yr over ~10Y (margins intact) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.

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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Security & Protection Services · 116 stocks

Beats the industry median on 9/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score 59 · Above median
Fair Value upside +27% · Above median
Profitability
Return on equity (TTM) 4% · Below median
Return on assets 2% · Below median
Net margin (TTM) 7% · Above median
Operating margin (TTM) 3% · Below median
Growth and dividend
Revenue growth 9% · Above median
Dividend yield (TTM) 3.4% · Above median
Balance sheet
Debt / equity 0.00× · Below median

Valuation Multiplesvs Security & Protection Services median · lower = cheaper

P/E (TTM) 14.3× · Cheaper than median
P/B 0.81× · Cheapest 25%
P/S (TTM) 1.27× · Pricier than median
EV/EBITDA 9.9× · Cheaper than median

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)66 · sector 34
FUTURE (revenue growth)45 · sector 40
PAST (return on equity)17 · sector 20
HEALTH (low debt)100 · sector 99
DIVIDEND (yield)67 · sector 43

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Security & Protection Services stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value
Verisure plc VSURE €8.31 €9.89 +19%
Allegion plc ALLE $153.95 $127.80 −17%
Zhejiang Dahua Technology Co 002236 ¥15.89 ¥31.47 +98%
MSA Safety Incorporated MSA $178.91 $120.92 −32%
ADT Inc ADT $6.54 $19.32 +195%
The Brink's Company BCO $107.12 $121.18 +13%
Brady Corporation BRC $83.39 $72.97 −12%
The GEO Group GEO $29.74 $12.89 −57%
Loomis AB LOOMIS kr 568.00 kr 496.43 −13%
CoreCivic, Inc CXW $31.47 $18.76 −40%

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Frequently asked questions

Is Croma Security Solutions Group Plc (CSSG) overvalued or undervalued?
As of Sep 23, 2026, our model estimates a fair value of £0.8900 versus a price of £0.7150, about +24% upside (undervalued).
What is the fair value of CSSG?
Our model-based fair value for Croma Security Solutions Group Plc is £0.8900 (as of Sep 23, 2026), built from audited fundamentals. The current price: £0.7150.
What is the quality score of CSSG?
Croma Security Solutions Group Plc has a Quality Score of 59/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Croma Security Solutions Group Plc (CSSG)?
Our model-based price target is the fair value of £0.8900 (as of Sep 23, 2026) from 17 valuation models. Cautious scenario £0.8800, optimistic scenario £0.8900. It is a calculation from audited fundamentals, not an analyst target.
What is the Croma Security Solutions Group Plc stock forecast for 2026?
Our models put fair value at £0.8900, about +24% upside versus a price of £0.7150 (undervalued). Cautious scenario £0.8800, optimistic scenario £0.8900. The calculation is refreshed regularly with new filings.
What is the revenue of Croma Security Solutions Group Plc (CSSG)?
Croma Security Solutions Group Plc reported trailing-twelve-month revenue of about £10.0M (latest available figure, as of Sep 23, 2026).
Does Croma Security Solutions Group Plc pay a dividend?
Croma Security Solutions Group Plc currently shows a dividend yield of about 3.36% relative to its recent price (as of Sep 23, 2026).
What is the intrinsic value of Croma Security Solutions Group Plc (CSSG)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Croma Security Solutions Group Plc it is £0.8900 per share (as of Sep 23, 2026), against a price of £0.7150. It is the blended result of 17 valuation models (cash flow, earnings, asset, dividend).
Is Croma Security Solutions Group Plc stock overvalued or undervalued in 2026?
As of Sep 23, 2026, CSSG trades below its calculated fair value: price £0.7150, fair value £0.8900, a gap of about +24% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of CSSG?
No. The price is what the market pays today (£0.7150); the fair value is what the company's own numbers justify (£0.8900). For Croma Security Solutions Group Plc the two are £0.1750 per share apart. That gap is exactly why we show both numbers side by side.
How much is Croma Security Solutions Group Plc worth?
The market values Croma Security Solutions Group Plc at about 9.8M GBX (market capitalisation, as of Sep 23, 2026). Per share that is £0.7150; our models calculate a fair value of £0.8900 per share.
What do the bullish and bearish scenarios say about CSSG?
Our models span a range for Croma Security Solutions Group Plc: cautious scenario £0.8800, base £0.8900, optimistic £0.8900 per share (as of Sep 23, 2026, price £0.7150). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of CSSG?
Croma Security Solutions Group Plc trades at a price-to-earnings ratio of 14.3 (as of Sep 23, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of £0.8900 is built from several models across several years. Other multiples: P/B 0.8, P/S 1.3, EV/EBITDA 9.9.
How solid is the balance sheet of Croma Security Solutions Group Plc (CSSG)?
Balance-sheet figures for Croma Security Solutions Group Plc (as of Sep 23, 2026): return on equity 4.3%, debt of 0.00 per unit of equity. They feed the Quality Score of 59/100, which measures business quality independently of the share price.
How far is CSSG from its 52-week high?
Croma Security Solutions Group Plc trades at £0.7150, about 13% below its 52-week high of £0.8195 and 8% above the low of £0.6643 (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of £0.8900 is for.
Which stocks are comparable to Croma Security Solutions Group Plc?
From the same area (Industrials) we also value Verisure plc, Allegion plc, Zhejiang Dahua Technology Co, MSA Safety Incorporated, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Croma Security Solutions Group Plc stock attractive at the current price?
The data as of Sep 23, 2026: price £0.7150, calculated fair value £0.8900 (+24%), Quality Score 59/100, from 17 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of CSSG calculated?
We run Croma Security Solutions Group Plc through 17 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of £0.8900, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0 % above its aggregate fair value. Croma Security Solutions Group Plc currently trades 24 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Croma Security Solutions Group Plc (CSSG)?
The closing price on Sep 24, 2026 was £0.7150. Our model-based fair value is £0.8900, about +24% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Croma Security Solutions Group Plc right now?
The price is below even our cautious bear case (£0.8800). The market is more pessimistic than our downside scenario. Solid quality (59/100) at a price below fair value, the discount is the argument here, not the business quality. The models converge in a tight band (£0.8800 to £0.8900), unusually little disagreement for a valuation. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Where does the earnings growth of Croma Security Solutions Group Plc (CSSG) come from?
Earnings per share at Croma Security Solutions Group Plc grew +23.4 % a year from 2014 to 2025. Broken into its drivers: revenue per share −5.8 %, EBIT margin +13.7 %, tax rate −1.0 %, residual (interest, one-offs) +16.4 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.

Key figures of Croma Security Solutions Group Plc

How large is the market capitalisation of Croma Security Solutions Group Plc (CSSG)?
The market capitalisation of Croma Security Solutions Group Plc is 9.8M GBX. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Croma Security Solutions Group Plc (CSSG)?
The price-to-sales ratio of Croma Security Solutions Group Plc is 1.17 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Croma Security Solutions Group Plc (CSSG)?
Earnings per share at Croma Security Solutions Group Plc are £0.0500 (price ÷ EPS = P/E 14.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Croma Security Solutions Group Plc (CSSG)?
The dividend yield of Croma Security Solutions Group Plc is 3.4% (payout 48.0%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Croma Security Solutions Group Plc (CSSG)?
The net margin of Croma Security Solutions Group Plc is 8.2% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Croma Security Solutions Group Plc (CSSG)?
The return on equity (ROE) of Croma Security Solutions Group Plc is 4.3% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Croma Security Solutions Group Plc (CSSG)?
On an EBIT basis the return on assets of Croma Security Solutions Group Plc is 3.3% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Croma Security Solutions Group Plc (CSSG)?
The operating margin of Croma Security Solutions Group Plc is 3.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Croma Security Solutions Group Plc (CSSG)?
Revenue at Croma Security Solutions Group Plc is growing +9.0% versus a year earlier (3y avg −35.1%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Croma Security Solutions Group Plc (CSSG)?
Earnings per share at Croma Security Solutions Group Plc are growing −40.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Croma Security Solutions Group Plc (CSSG) generate?
The free cash flow of Croma Security Solutions Group Plc is −656K GBX (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Croma Security Solutions Group Plc (CSSG) hold?
Croma Security Solutions Group Plc holds more cash than debt, 3.8M GBX net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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