Securitas AB (publ)

OM:SECU B Stock Report

Market Cap: SEK 89.6b

Securitas Valuation

Is SECU B undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of SECU B when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: SECU B (SEK153.75) is trading below our estimate of future cash flow value (SEK318.18)

Significantly Below Future Cash Flow Value: SECU B is trading below future cash flow value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SECU B?

Key metric: As SECU B is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for SECU B. This is calculated by dividing SECU B's market cap by their current earnings.
What is SECU B's PE Ratio?
PE Ratio17.2x
EarningsSEK 5.12b
Market CapSEK 89.58b

Price to Earnings Ratio vs Peers

How does SECU B's PE Ratio compare to its peers?

The above table shows the PE ratio for SECU B vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average19.6x
LOOMIS Loomis
17.9x16.62%SEK 29.1b
BRAV Bravida Holding
16.6x10.42%SEK 20.9b
AFRY Afry
18.2x24.76%SEK 15.0b
COOR Coor Service Management Holding
25.8x22.36%SEK 5.6b
SECU B Securitas
17.2x14.41%SEK 89.6b

Price-To-Earnings vs Peers: SECU B is good value based on its Price-To-Earnings Ratio (17.2x) compared to the peer average (19.5x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does SECU B's PE Ratio compare vs other companies in the European Commercial Services Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
SECU B 17.2xIndustry Avg. 13.6xNo. of Companies16PE01020304050+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: SECU B is expensive based on its Price-To-Earnings Ratio (17.2x) compared to the European Commercial Services industry average (13.6x).

Price to Earnings Ratio vs Fair Ratio

What is SECU B's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SECU B PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17.2x
Fair PE Ratio28.7x

Price-To-Earnings vs Fair Ratio: SECU B is good value based on its Price-To-Earnings Ratio (17.2x) compared to the estimated Fair Price-To-Earnings Ratio (28.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst SECU B forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 156.35
SEK 155.40
-0.61%
13.43%SEK 180.00SEK 122.00n/a10
Mar ’27SEK 160.70
SEK 155.40
-3.30%
13.43%SEK 180.00SEK 122.00n/a10
Feb ’27SEK 147.10
SEK 152.20
+3.47%
13.66%SEK 175.00SEK 114.00n/a10
Jan ’27SEK 147.20
SEK 151.30
+2.79%
13.19%SEK 175.00SEK 114.00n/a10
Dec ’26SEK 148.00
SEK 151.00
+2.03%
13.37%SEK 175.00SEK 114.00n/a10
Nov ’26SEK 140.20
SEK 146.27
+4.33%
13.61%SEK 166.00SEK 110.00n/a11
Oct ’26SEK 141.00
SEK 148.73
+5.48%
15.51%SEK 190.00SEK 110.00n/a11
Sep ’26SEK 147.05
SEK 148.82
+1.20%
16.04%SEK 190.00SEK 110.00n/a11
Aug ’26SEK 144.35
SEK 148.09
+2.59%
16.48%SEK 190.00SEK 110.00n/a11
Jul ’26SEK 142.10
SEK 145.00
+2.04%
15.21%SEK 180.00SEK 110.00n/a12
Jun ’26SEK 141.75
SEK 148.77
+4.95%
16.45%SEK 192.00SEK 110.00n/a13
May ’26SEK 153.50
SEK 150.77
-1.78%
16.47%SEK 192.00SEK 110.00n/a13
Apr ’26SEK 142.05
SEK 153.33
+7.94%
17.54%SEK 192.00SEK 110.00n/a12
Mar ’26SEK 155.90
SEK 148.92
-4.48%
22.24%SEK 200.00SEK 88.00SEK 160.7012
Feb ’26SEK 141.45
SEK 137.42
-2.85%
20.99%SEK 175.00SEK 88.00SEK 147.1012
Jan ’26SEK 136.90
SEK 135.00
-1.39%
21.42%SEK 175.00SEK 88.00SEK 147.2013
Dec ’25SEK 137.95
SEK 132.92
-3.65%
21.71%SEK 175.00SEK 88.00SEK 148.0012
Nov ’25SEK 125.20
SEK 122.83
-1.89%
19.82%SEK 160.00SEK 88.00SEK 140.2012
Oct ’25SEK 129.00
SEK 122.08
-5.36%
20.97%SEK 160.00SEK 83.00SEK 141.0012
Sep ’25SEK 120.00
SEK 117.64
-1.97%
19.86%SEK 160.00SEK 83.00SEK 147.0511
Aug ’25SEK 115.75
SEK 116.91
+1.00%
20.77%SEK 160.00SEK 83.00SEK 144.3511
Jul ’25SEK 105.75
SEK 113.73
+7.54%
20.86%SEK 158.00SEK 81.00SEK 142.1011
Jun ’25SEK 107.80
SEK 113.91
+5.67%
20.74%SEK 158.00SEK 81.00SEK 141.7511
May ’25SEK 111.45
SEK 112.91
+1.31%
21.93%SEK 158.00SEK 80.00SEK 153.5011
Apr ’25SEK 110.35
SEK 113.83
+3.16%
21.90%SEK 158.00SEK 74.00SEK 142.0512
Mar ’25SEK 113.75
SEK 112.92
-0.73%
22.18%SEK 158.00SEK 74.00SEK 155.9012
SEK 155.4
Fair Value
1.1% undervalued intrinsic discount
10
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/09 18:36
End of Day Share Price 2026/03/09 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Securitas AB (publ) is covered by 28 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Paul Daniel CheckettsBarclays
Andrew GroblerBNP Paribas