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Securitas AB (SECU-B) Fair Value & Analysis

Industrials · SE · Market cap 96.9B SEK

SA Securitas AB SECU-B · ST
Pricekr 166.80
Fair Valuekr 186.34
Upside+11.7%
Quality62/100
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Evidence: High Range kr 100.68 – kr 234.55 📤 Share as image

Fair value as of: Jul 16, 2026

From 24 valuation models · updated 5 days ago

Share price +9.9% over the past month.

Price vs Fair Value (12 months)

kr 169.09 kr 132.60 Fair Value kr 186.34 Jul 2025 Jul 2026

12‑month range kr 132.60 – kr 169.09 · fair‑value band kr 100.68 – kr 234.55 · the kr 166.80 price screens below the kr 186.34 fair value. As of Jul 16, 2026.

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Analysis

Securitas AB (SECU-B) currently trades at kr 166.80, while our model-based Fair Value estimate is kr 186.34, implying the stock looks roughly 11.7% undervalued today. We read business quality at 62/100 (solid quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Securitas AB generated revenue of 152B SEK at a net margin of 3.6%. Revenue declined 8.6% year over year. It earns a return on equity of 13.2%. Net debt stands at 35.4B SEK. Fundamentals as of Jul 16, 2026

Our scenario range runs from kr 100.68 (bear case) to kr 234.55 (bull case); at kr 166.80, the current price sits within that range. The share trades about 1% below its 52-week high and 27% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -2% fair-value upside, at 12%, SECU-B screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 152B SEK
Revenue growth (YoY) -8.6%
Net margin 3.6%
Return on equity 13.2%
Free cash flow 7.2B SEK FY2025
P/E ratio 16.5
More key figures
Operating margin 6.4%
EPS (TTM) kr 9.44
Dividend yield 3.4%
EPS growth (YoY) +22.4%
Net debt 35.4B SEK FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 16, 2026. TTM = trailing twelve months.

About the company

Securitas AB (publ) provides security services in North America, Europe, Latin America, Africa, the Middle East, Asia, and Australia. The company operates through three segments: Securitas North America, Securitas Europe, and Securitas Ibero-America. It provides intelligence services, such as risk intelligence; safety and security services, including aviation security, fire and safety services, mobile security services, and on-site guarding; operation management security services, such as remote video solutions, smart security, and track and trace services; advisory security services comprising corporate risk management; and technology security services, which include electronic security. The company also operates operation centers. Securitas AB (publ) was founded in 1934 and is headquartered in Stockholm, Sweden.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Securitas AB reported revenue of kr 155B in FY2025 versus kr 108B in FY2021, a compound +9.5%/yr. Reported net income was kr 5.1B in FY2025, compounding +13.0%/yr from FY2021.

Revenue +9.5%/yr
FY21 kr 108B
FY22 kr 133B
FY23 kr 157B
FY24 kr 162B
FY25 kr 155B
Net income +13.0%/yr
FY21 kr 3.1B
FY22 kr 4.3B
FY23 kr 1.3B
FY24 kr 5.2B
FY25 kr 5.1B

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Cite: Fair Value Calculator (2026). "Securitas AB Fair Value". https://www.fairvalue-calculator.com/stock/SECU-B

Recent news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection, not financial advice.

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Frequently asked questions

Is Securitas AB (SECU-B) undervalued?
As of Jul 16, 2026, our model estimates a fair value of kr 186.34 versus a price of kr 166.80, about +12% (undervalued). Model-based estimate, not financial advice.
What is the fair value of SECU-B?
Our model-based fair value for Securitas AB is kr 186.34 (as of Jul 16, 2026), built from audited fundamentals. The current price is kr 166.80.
What is the quality score of SECU-B?
Securitas AB has a Quality Score of 62/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Securitas AB (SECU-B)?
Securitas AB reported trailing-twelve-month revenue of about 152B SEK (latest available figure, as of Jul 16, 2026).
What is the net profit margin of SECU-B?
The net profit margin of Securitas AB is about 3.6%, meaning it keeps roughly 3.6% of revenue as net income. Based on the latest reported figures.
Does Securitas AB pay a dividend?
Securitas AB currently shows a dividend yield of about 3.39% relative to its recent price (as of Jul 16, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.