secunet Security Networks Aktiengesellschaft (YSN) - Net Assets
Based on the latest financial reports, secunet Security Networks Aktiengesellschaft (YSN) has net assets worth €167.03 Million EUR (≈ $195.28 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€410.72 Million ≈ $480.18 Million USD) and total liabilities (€243.69 Million ≈ $284.90 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check YSN tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €167.03 Million |
| % of Total Assets | 40.67% |
| Annual Growth Rate | 14.45% |
| 5-Year Change | 28.66% |
| 10-Year Change | 255.84% |
| Growth Volatility | 9.02 |
secunet Security Networks Aktiengesellschaft - Net Assets Trend (2013–2025)
This chart illustrates how secunet Security Networks Aktiengesellschaft's net assets have evolved over time, based on quarterly financial data. See how many days can secunet Security Networks Aktiengesellsc fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for secunet Security Networks Aktiengesellschaft (2013–2025)
The table below shows the annual net assets of secunet Security Networks Aktiengesellschaft from 2013 to 2025. For live valuation and market cap data, see secunet Security Networks Aktiengesellsc market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €167.03 Million ≈ $195.28 Million |
+10.74% |
| 2024-12-31 | €150.83 Million ≈ $176.34 Million |
+9.42% |
| 2023-12-31 | €137.84 Million ≈ $161.15 Million |
+7.83% |
| 2022-12-31 | €127.83 Million ≈ $149.45 Million |
-1.53% |
| 2021-12-31 | €129.82 Million ≈ $151.78 Million |
+26.33% |
| 2020-12-31 | €102.77 Million ≈ $120.14 Million |
+31.81% |
| 2019-12-31 | €77.96 Million ≈ $91.15 Million |
+12.15% |
| 2018-12-31 | €69.52 Million ≈ $81.27 Million |
+17.65% |
| 2017-12-31 | €59.09 Million ≈ $69.08 Million |
+25.88% |
| 2016-12-31 | €46.94 Million ≈ $54.88 Million |
+16.63% |
| 2015-12-31 | €40.25 Million ≈ $47.05 Million |
+12.84% |
| 2014-12-31 | €35.67 Million ≈ $41.70 Million |
+7.82% |
| 2013-12-31 | €33.08 Million ≈ $38.67 Million |
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Equity Component Analysis
This analysis shows how different components contribute to secunet Security Networks Aktiengesellschaft's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €167.03 Million | 100.00% |
| Total Equity | €167.03 Million | 100.00% |
secunet Security Networks Aktiengesellschaft Competitors by Market Cap
The table below lists competitors of secunet Security Networks Aktiengesellschaft ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alexanders Inc
NYSE:ALX
|
$1.26 Billion |
|
Vcanbio Cell & Gene Engineering Corp Ltd
SHG:600645
|
$1.26 Billion |
|
Sensirion Holding AG
SW:SENS
|
$1.26 Billion |
|
immatics biotechnologies GmbH
F:4A3
|
$1.26 Billion |
|
Hornbach Holding VZO O.N.
XETRA:HBH
|
$1.26 Billion |
|
Alexander & Baldwin Inc
F:ABU
|
$1.26 Billion |
|
JYP Entertainment Corporation
KQ:035900
|
$1.26 Billion |
|
Birchcliff Energy Ltd.
TO:BIR
|
$1.26 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in secunet Security Networks Aktiengesellschaft's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 150,749,491 to 167,032,827, a change of 16,283,336 (10.8%).
- Net income of 33,343,896 contributed positively to equity growth.
- Dividend payments of 17,661,740 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €33.34 Million | +19.96% |
| Dividends Paid | €17.66 Million | -10.57% |
| Other Changes | €601.18K | +0.36% |
| Total Change | €- | 10.80% |
Book Value vs Market Value Analysis
This analysis compares secunet Security Networks Aktiengesellschaft's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 7.14x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 20.19x to 7.14x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €9.13 | €184.40 | x |
| 2018-12-31 | €10.69 | €184.40 | x |
| 2019-12-31 | €11.97 | €184.40 | x |
| 2020-12-31 | €15.83 | €184.40 | x |
| 2021-12-31 | €20.03 | €184.40 | x |
| 2022-12-31 | €19.72 | €184.40 | x |
| 2023-12-31 | €21.29 | €184.40 | x |
| 2024-12-31 | €23.30 | €184.40 | x |
| 2025-12-31 | €25.82 | €184.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently secunet Security Networks Aktiengesellschaft utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 19.96%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.27%
- • Asset Turnover: 1.12x
- • Equity Multiplier: 2.46x
- Recent ROE (19.96%) is below the historical average (22.12%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 7.18% | 3.72% | 1.11x | 1.73x | €-932.00K |
| 2014 | 12.25% | 5.31% | 1.20x | 1.92x | €801.90K |
| 2015 | 15.15% | 6.70% | 1.18x | 1.92x | €2.07 Million |
| 2016 | 19.64% | 7.97% | 1.17x | 2.11x | €4.53 Million |
| 2017 | 26.85% | 10.02% | 1.19x | 2.26x | €9.96 Million |
| 2018 | 25.92% | 10.98% | 1.12x | 2.10x | €11.01 Million |
| 2019 | 28.75% | 9.82% | 1.21x | 2.41x | €14.53 Million |
| 2020 | 34.29% | 12.29% | 1.19x | 2.34x | €24.87 Million |
| 2021 | 33.26% | 12.77% | 1.23x | 2.12x | €30.14 Million |
| 2022 | 24.54% | 9.02% | 1.10x | 2.47x | €18.55 Million |
| 2023 | 21.16% | 7.40% | 1.20x | 2.39x | €15.38 Million |
| 2024 | 18.54% | 6.88% | 1.13x | 2.39x | €12.88 Million |
| 2025 | 19.96% | 7.27% | 1.12x | 2.46x | €16.64 Million |
Industry Comparison
This section compares secunet Security Networks Aktiengesellschaft's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $1,984,155,450
- Average return on equity (ROE) among peers: -79.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| secunet Security Networks Aktiengesellschaft (YSN) | €167.03 Million | 7.18% | 1.46x | $1.26 Billion |
| StoneCo Ltd (0Q0) | $11.03 Billion | 21.02% | 4.65x | $2.41 Billion |
| ADYEN NV UNSP.ADR/001 (1N8U) | $3.15 Billion | 22.16% | 2.04x | $30.86 Billion |
| QBRICK AB (PUBL) (2A8) | $14.23 Million | -86.06% | 1.11x | $21.85K |
| Endava plc (2Y5) | $236.33 Million | 9.06% | 0.53x | $110.08 Million |
| VIVOPOWER INTL. DL -012 (51J) | $3.75 Million | -650.16% | 15.40x | $42.65 Million |
| NOWVERTICAL GROUP INC. (5XQ) | $10.76 Million | -128.78% | 0.96x | $8.42 Million |
| ADVENICA AB (65R) | $97.79 Million | -2.03% | 0.83x | $89.27 Million |
| BAIRONG INC.CL.B -00002 (6B5) | $4.31 Billion | 5.56% | 0.22x | $240.13 Million |
| XPLUS SA ZY -01 (75R) | $20.49 Million | 31.41% | 0.94x | $31.62 Million |
| TUYA INC.ADR/1A (785) | $962.17 Million | -15.19% | 0.10x | $1.11 Billion |
About secunet Security Networks Aktiengesellschaft
secunet Security Networks Aktiengesellschaft operates as a cybersecurity company in Germany and internationally. It operates in Public Sector and Business Sector segments. The company offers safety audits and analyses; Biomiddle, a middleware for biometrics and eID applications; Bocoa, a digital ID tool; Easygate, an automated border control system; Easykiosk, a self-service kiosk system; SINA wo… Read more