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secunet Security Networks Aktiengesellschaft
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Let's analyse Secunet together

PenkeI guess you are interested in secunet Security Networks Aktiengesellschaft. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of secunet Security Networks Aktiengesellschaft. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Secunet (30 sec.)










What can you expect buying and holding a share of Secunet? (30 sec.)

How much money do you get?

How much money do you get?
€3.10
When do you have the money?
1 year
How often do you get paid?
71.1%

What is your share worth?

Current worth
€21.31
Expected worth in 1 year
€22.85
How sure are you?
78.9%

+ What do you gain per year?

Total Gains per Share
€4.41
Return On Investment
3.1%

For what price can you sell your share?

Current Price per Share
€140.60
Expected price per share
€122.40 - €166.20
How sure are you?
50%

1. Valuation of Secunet (5 min.)




Live pricePrice per Share (EOD)

€140.60

Intrinsic Value Per Share

€138.07 - €178.82

Total Value Per Share

€159.38 - €200.13

2. Growth of Secunet (5 min.)




Is Secunet growing?

Current yearPrevious yearGrowGrow %
How rich?$149.5m$133.5m$1.8m1.4%

How much money is Secunet making?

Current yearPrevious yearGrowGrow %
Making money$11.8m$12.7m-$878.2k-7.4%
Net Profit Margin6.3%6.9%--

How much money comes from the company's main activities?

3. Financial Health of Secunet (5 min.)




What can you expect buying and holding a share of Secunet? (5 min.)

Welcome investor! Secunet's management wants to use your money to grow the business. In return you get a share of Secunet.

What can you expect buying and holding a share of Secunet?

First you should know what it really means to hold a share of Secunet. And how you can make/lose money.

Speculation

The Price per Share of Secunet is €140.60. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Secunet.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Secunet, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €21.31. Based on the TTM, the Book Value Change Per Share is €0.39 per quarter. Based on the YOY, the Book Value Change Per Share is €-0.08 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €0.72 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Secunet.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps4.473.2%1.781.3%1.310.9%1.541.1%1.050.7%
Usd Book Value Change Per Share0.000.0%0.420.3%-0.08-0.1%0.570.4%0.460.3%
Usd Dividend Per Share0.000.0%0.780.6%2.241.6%1.481.1%0.940.7%
Usd Total Gains Per Share0.000.0%1.200.9%2.151.5%2.051.5%1.401.0%
Usd Price Per Share158.41-208.32-295.12-252.86-161.41-
Price to Earnings Ratio8.87-143.69-70.86-67.26-714.16-
Price-to-Total Gains Ratio-314,849,097.50--78,712,271.42-3.76--16,570,919.25--8,509,360.00-
Price to Book Ratio6.85-10.17-14.39-14.56-10.94-
Price-to-Total Gains Ratio-314,849,097.50--78,712,271.42-3.76--16,570,919.25--8,509,360.00-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share152.551
Number of shares6
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.781.48
Usd Book Value Change Per Share0.420.57
Usd Total Gains Per Share1.202.05
Gains per Quarter (6 shares)7.1712.30
Gains per Year (6 shares)28.6949.21
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1191019351439
2372048712888
356307710641137
4744010614255186
5935013517769235
61126016421383284
71307119324896333
814981222284110382
916891251319124431
10186101280355138480

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%36.02.00.094.7%48.010.00.082.8%
Book Value Change Per Share2.02.00.050.0%5.04.03.041.7%8.05.07.040.0%17.011.010.044.7%28.017.013.048.3%
Dividend per Share2.00.02.050.0%10.00.02.083.3%17.00.03.085.0%27.00.011.071.1%27.00.031.046.6%
Total Gains per Share2.02.00.050.0%9.03.00.075.0%16.03.01.080.0%30.07.01.078.9%41.013.04.070.7%

Fundamentals of Secunet

About secunet Security Networks Aktiengesellschaft

secunet Security Networks Aktiengesellschaft operates as a cybersecurity company in Germany and internationally. It offers safety audits and analyses; secunet biomiddle, a middleware for biometric systems and electronic ID (eID) documents; secunet bocoa, a border control application for stationary and mobile use; secunet easygate, an automated border control system; and secunet easykiosk, an automated system that collects, processes, and forwards relevant personal data. It also provides secunet easytower for biometric acquisition at stationary border control; secunet edge, an edge computing solution; eID public key infrastructure for automotive applications; secunet GlobalTester, a test tool for smart cards and document readers; Golden Reader Tool, an acknowledged standard solution for the readout of electronic identity documents; hardware security modules; secunet konnektor for healthcare telematics; secunet protect4use for secure authentication to protect digital identity; IT security outsourcing; and secunet Session Border Controller that filters audio and video protocols. In addition, the company offers secunet monitor KRITIS attack detection solution; SecuStack, a secure and turnkey cloud infrastructure solution that ensures the protection of business-critical applications, sensitive data, and confidential information; SINA Communicator H, a multi-crypto phone; SINA Workflow, a digital management of classified information; and Stashcat, a secure messaging for police, public authorities, and companies. Further, it provides anomaly detection services; business continuity management system; security awareness training and biometric solutions; secunet CryptoServices and Cybersecurity Situation; data protection management; information security management; secure web solutions; EES; security analyses and penetration tests; test lab for IT-conformity; IT forensics; and solution for edge computing. The company was founded in 1997 and is headquartered in Essen, Germany.

Fundamental data was last updated by Penke on 2024-05-25 14:37:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is expensive.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of secunet Security Networks Aktiengesellschaft.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Secunet earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare Secunet to the Software - Infrastructure industry mean.
  • A Net Profit Margin of 11.0% means that €0.11 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of secunet Security Networks Aktiengesellschaft:

  • The MRQ is 11.0%. The company is making a huge profit. +2
  • The TTM is 6.3%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ11.0%TTM6.3%+4.7%
TTM6.3%YOY6.9%-0.5%
TTM6.3%5Y6.7%-0.4%
5Y6.7%10Y7.2%-0.4%
1.1.2. Return on Assets

Shows how efficient Secunet is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Secunet to the Software - Infrastructure industry mean.
  • 8.1% Return on Assets means that Secunet generated €0.08 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of secunet Security Networks Aktiengesellschaft:

  • The MRQ is 8.1%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 3.4%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ8.1%TTM3.4%+4.7%
TTM3.4%YOY4.0%-0.6%
TTM3.4%5Y4.6%-1.2%
5Y4.6%10Y3.8%+0.8%
1.1.3. Return on Equity

Shows how efficient Secunet is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Secunet to the Software - Infrastructure industry mean.
  • 19.3% Return on Equity means Secunet generated €0.19 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of secunet Security Networks Aktiengesellschaft:

  • The MRQ is 19.3%. Using its investors money, the company is efficient in making profit. +1
  • The TTM is 8.1%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ19.3%TTM8.1%+11.2%
TTM8.1%YOY9.6%-1.5%
TTM8.1%5Y10.9%-2.9%
5Y10.9%10Y8.5%+2.4%

1.2. Operating Efficiency of secunet Security Networks Aktiengesellschaft.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Secunet is operating .

  • Measures how much profit Secunet makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Secunet to the Software - Infrastructure industry mean.
  • An Operating Margin of 16.1% means the company generated €0.16  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of secunet Security Networks Aktiengesellschaft:

  • The MRQ is 16.1%. The company is operating efficient. +1
  • The TTM is 8.5%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ16.1%TTM8.5%+7.6%
TTM8.5%YOY10.3%-1.9%
TTM8.5%5Y7.6%+0.9%
5Y7.6%10Y9.3%-1.8%
1.2.2. Operating Ratio

Measures how efficient Secunet is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Software - Infrastructure industry mean).
  • An Operation Ratio of 0.84 means that the operating costs are €0.84 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of secunet Security Networks Aktiengesellschaft:

  • The MRQ is 0.839. The company is less efficient in keeping operating costs low.
  • The TTM is 0.911. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.839TTM0.911-0.072
TTM0.911YOY0.647+0.264
TTM0.9115Y0.619+0.292
5Y0.61910Y0.897-0.279

1.3. Liquidity of secunet Security Networks Aktiengesellschaft.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Secunet is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Software - Infrastructure industry mean).
  • A Current Ratio of 1.71 means the company has €1.71 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of secunet Security Networks Aktiengesellschaft:

  • The MRQ is 1.706. The company is able to pay all its short-term debts. +1
  • The TTM is 1.649. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.706TTM1.649+0.057
TTM1.649YOY1.705-0.056
TTM1.6495Y1.778-0.129
5Y1.77810Y1.948-0.170
1.3.2. Quick Ratio

Measures if Secunet is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Secunet to the Software - Infrastructure industry mean.
  • A Quick Ratio of 1.25 means the company can pay off €1.25 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of secunet Security Networks Aktiengesellschaft:

  • The MRQ is 1.254. The company is able to pay all its short-term debts with the most liquid assets. +1
  • The TTM is 0.965. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ1.254TTM0.965+0.289
TTM0.965YOY0.863+0.102
TTM0.9655Y0.986-0.021
5Y0.98610Y1.221-0.234

1.4. Solvency of secunet Security Networks Aktiengesellschaft.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Secunet assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Secunet to Software - Infrastructure industry mean.
  • A Debt to Asset Ratio of 0.58 means that Secunet assets are financed with 58.1% credit (debt) and the remaining percentage (100% - 58.1%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of secunet Security Networks Aktiengesellschaft:

  • The MRQ is 0.581. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.592. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.581TTM0.592-0.011
TTM0.592YOY0.575+0.017
TTM0.5925Y0.577+0.015
5Y0.57710Y0.526+0.051
1.4.2. Debt to Equity Ratio

Measures if Secunet is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Secunet to the Software - Infrastructure industry mean.
  • A Debt to Equity ratio of 138.5% means that company has €1.39 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of secunet Security Networks Aktiengesellschaft:

  • The MRQ is 1.385. The company is able to pay all its debts with equity. +1
  • The TTM is 1.453. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.385TTM1.453-0.067
TTM1.453YOY1.363+0.089
TTM1.4535Y1.378+0.075
5Y1.37810Y1.159+0.219

2. Market Valuation of secunet Security Networks Aktiengesellschaft

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings Secunet generates.

  • Above 15 is considered overpriced but always compare Secunet to the Software - Infrastructure industry mean.
  • A PE ratio of 8.87 means the investor is paying €8.87 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of secunet Security Networks Aktiengesellschaft:

  • The EOD is 8.538. Based on the earnings, the company is underpriced. +1
  • The MRQ is 8.866. Based on the earnings, the company is underpriced. +1
  • The TTM is 143.686. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD8.538MRQ8.866-0.328
MRQ8.866TTM143.686-134.820
TTM143.686YOY70.861+72.824
TTM143.6865Y67.259+76.426
5Y67.25910Y714.159-646.900
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of secunet Security Networks Aktiengesellschaft:

  • The EOD is 4.634. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 4.812. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is -34.430. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD4.634MRQ4.812-0.178
MRQ4.812TTM-34.430+39.242
TTM-34.430YOY-4.056-30.374
TTM-34.4305Y-17.407-17.023
5Y-17.40710Y-4.217-13.190
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Secunet is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Software - Infrastructure industry mean).
  • A PB ratio of 6.85 means the investor is paying €6.85 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of secunet Security Networks Aktiengesellschaft:

  • The EOD is 6.599. Based on the equity, the company is overpriced. -1
  • The MRQ is 6.852. Based on the equity, the company is overpriced. -1
  • The TTM is 10.170. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD6.599MRQ6.852-0.253
MRQ6.852TTM10.170-3.318
TTM10.170YOY14.391-4.221
TTM10.1705Y14.556-4.386
5Y14.55610Y10.944+3.612
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of secunet Security Networks Aktiengesellschaft compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0000.387-100%-0.077+16578175%0.528-100%0.426-100%
Book Value Per Share--21.30719.282+10%19.020+12%15.934+34%11.793+81%
Current Ratio--1.7061.649+3%1.705+0%1.778-4%1.948-12%
Debt To Asset Ratio--0.5810.592-2%0.575+1%0.577+1%0.526+10%
Debt To Equity Ratio--1.3851.453-5%1.363+2%1.378+1%1.159+20%
Dividend Per Share---0.715-100%2.060-100%1.362-100%0.864-100%
Eps--4.1171.641+151%1.210+240%1.419+190%0.967+326%
Free Cash Flow Per Share--7.5852.470+207%-0.566+107%1.185+540%0.861+781%
Free Cash Flow To Equity Per Share--5.8771.144+414%-2.843+148%-0.076+101%0.142+4025%
Gross Profit Margin--0.750-1.083+244%0.654+15%0.407+84%-43.074+5847%
Intrinsic Value_10Y_max--178.819--------
Intrinsic Value_10Y_min--138.074--------
Intrinsic Value_1Y_max--6.845--------
Intrinsic Value_1Y_min--5.244--------
Intrinsic Value_3Y_max--29.006--------
Intrinsic Value_3Y_min--23.291--------
Intrinsic Value_5Y_max--61.343--------
Intrinsic Value_5Y_min--49.457--------
Market Cap909611700.000-4%944547292.0001242144384.000-24%1759704544.000-46%1507911978.650-37%962511790.389-2%
Net Profit Margin--0.1100.063+74%0.069+60%0.067+63%0.072+53%
Operating Margin--0.1610.085+90%0.103+56%0.076+112%0.093+73%
Operating Ratio--0.8390.911-8%0.647+30%0.619+36%0.897-7%
Pb Ratio6.599-4%6.85210.170-33%14.391-52%14.556-53%10.944-37%
Pe Ratio8.538-4%8.866143.686-94%70.861-87%67.259-87%714.159-99%
Price Per Share140.600-4%146.000192.000-24%272.000-46%233.050-37%148.761-2%
Price To Free Cash Flow Ratio4.634-4%4.812-34.430+816%-4.056+184%-17.407+462%-4.217+188%
Price To Total Gains Ratio-303203993.890+4%-314849097.496-78712271.417-75%3.760-8374309875%-16570919.246-95%-8509360.000-97%
Quick Ratio--1.2540.965+30%0.863+45%0.986+27%1.221+3%
Return On Assets--0.0810.034+140%0.040+104%0.046+75%0.038+114%
Return On Equity--0.1930.081+139%0.096+102%0.109+77%0.085+127%
Total Gains Per Share--0.0001.102-100%1.983-100%1.890-100%1.290-100%
Usd Book Value--149559950.120135350547.351+10%133507015.443+12%111857672.357+34%82785284.342+81%
Usd Book Value Change Per Share--0.0000.420-100%-0.083+16578175%0.573-100%0.462-100%
Usd Book Value Per Share--23.11820.921+10%20.636+12%17.288+34%12.795+81%
Usd Dividend Per Share---0.776-100%2.235-100%1.478-100%0.938-100%
Usd Eps--4.4671.781+151%1.313+240%1.540+190%1.049+326%
Usd Free Cash Flow--53243331.57517337207.676+207%-3971851.363+107%8320595.486+540%6046895.734+781%
Usd Free Cash Flow Per Share--8.2302.680+207%-0.614+107%1.286+540%0.935+781%
Usd Free Cash Flow To Equity Per Share--6.3761.241+414%-3.084+148%-0.082+101%0.155+4025%
Usd Market Cap986928694.500-4%1024833811.8201347726656.640-24%1909279430.240-46%1636084496.835-37%1044325292.572-2%
Usd Price Per Share152.551-4%158.410208.320-24%295.120-46%252.859-37%161.406-2%
Usd Profit--28898892.54011860408.149+144%12738657.059+127%12609923.057+129%8180517.033+253%
Usd Revenue--262789823.170160180546.129+64%122901149.394+114%101510421.863+159%69822164.154+276%
Usd Total Gains Per Share--0.0001.195-100%2.152-100%2.051-100%1.400-100%
 EOD+5 -3MRQTTM+25 -11YOY+24 -125Y+21 -1510Y+22 -14

3.2. Fundamental Score

Let's check the fundamental score of secunet Security Networks Aktiengesellschaft based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-158.538
Price to Book Ratio (EOD)Between0-16.599
Net Profit Margin (MRQ)Greater than00.110
Operating Margin (MRQ)Greater than00.161
Quick Ratio (MRQ)Greater than11.254
Current Ratio (MRQ)Greater than11.706
Debt to Asset Ratio (MRQ)Less than10.581
Debt to Equity Ratio (MRQ)Less than11.385
Return on Equity (MRQ)Greater than0.150.193
Return on Assets (MRQ)Greater than0.050.081
Total8/10 (80.0%)

3.3. Technical Score

Let's check the technical score of secunet Security Networks Aktiengesellschaft based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5034.375
Ma 20Greater thanMa 50148.710
Ma 50Greater thanMa 100152.844
Ma 100Greater thanMa 200152.890
OpenGreater thanClose140.600
Total0/5 (0.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets328,638
Total Liabilities190,795
Total Stockholder Equity137,747
 As reported
Total Liabilities 190,795
Total Stockholder Equity+ 137,747
Total Assets = 328,638

Assets

Total Assets328,638
Total Current Assets192,591
Long-term Assets136,047
Total Current Assets
Cash And Cash Equivalents 41,270
Short-term Investments 1,235
Net Receivables 99,053
Inventory 48,034
Other Current Assets 4,235
Total Current Assets  (as reported)192,591
Total Current Assets  (calculated)193,826
+/- 1,235
Long-term Assets
Property Plant Equipment 28,869
Goodwill 47,628
Intangible Assets 35,690
Long-term Assets Other 15,415
Long-term Assets  (as reported)136,047
Long-term Assets  (calculated)127,602
+/- 8,445

Liabilities & Shareholders' Equity

Total Current Liabilities112,896
Long-term Liabilities77,899
Total Stockholder Equity137,747
Total Current Liabilities
Short-term Debt 6,195
Short Long Term Debt 1,162
Accounts payable 32,528
Other Current Liabilities 41,651
Total Current Liabilities  (as reported)112,896
Total Current Liabilities  (calculated)81,535
+/- 31,361
Long-term Liabilities
Capital Lease Obligations 17,931
Long-term Liabilities Other 2,977
Long-term Liabilities  (as reported)77,899
Long-term Liabilities  (calculated)20,908
+/- 56,991
Total Stockholder Equity
Common Stock6,500
Retained Earnings 110,026
Accumulated Other Comprehensive Income -597
Other Stockholders Equity 21,818
Total Stockholder Equity (as reported)137,747
Total Stockholder Equity (calculated)137,747
+/-0
Other
Capital Stock6,500
Cash and Short Term Investments 41,270
Common Stock Shares Outstanding 6,470
Current Deferred Revenue32,523
Liabilities and Stockholders Equity 328,638
Net Debt -22,177
Net Invested Capital 138,909
Net Working Capital 79,695
Property Plant and Equipment Gross 51,179
Short Long Term Debt Total 19,092



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-31
> Total Assets 
0
0
0
46,467
34,633
33,185
35,169
42,183
34,682
34,442
34,815
46,235
39,446
40,491
43,371
55,569
47,512
45,010
46,555
57,383
48,534
48,650
52,269
68,574
57,710
56,899
66,773
77,092
67,235
99,211
99,211
0
81,291
133,436
133,436
0
99,920
145,209
145,209
0
148,771
0
186,784
0
232,424
0
239,778
0
238,765
0
274,021
0
255,823
315,420
315,420
281,097
281,097
328,638
328,638
328,638328,638281,097281,097315,420315,420255,8230274,0210238,7650239,7780232,4240186,7840148,7710145,209145,20999,9200133,436133,43681,291099,21199,21167,23577,09266,77356,89957,71068,57452,26948,65048,53457,38346,55545,01047,51255,56943,37140,49139,44646,23534,81534,44234,68242,18335,16933,18534,63346,467000
   > Total Current Assets 
0
0
0
40,249
28,427
26,614
28,599
35,910
28,018
27,809
28,043
39,918
33,132
33,897
36,975
47,563
39,125
36,445
38,213
49,148
39,801
40,001
44,141
59,783
48,702
48,083
57,799
67,331
53,358
84,576
84,576
0
65,288
116,526
116,526
0
81,181
121,443
121,443
0
99,132
135,659
135,659
0
180,103
187,720
187,720
174,922
174,922
209,075
209,075
126,998
126,998
179,757
179,757
148,723
148,723
192,591
192,591
192,591192,591148,723148,723179,757179,757126,998126,998209,075209,075174,922174,922187,720187,720180,1030135,659135,65999,1320121,443121,44381,1810116,526116,52665,288084,57684,57653,35867,33157,79948,08348,70259,78344,14140,00139,80149,14838,21336,44539,12547,56336,97533,89733,13239,91828,04327,80928,01835,91028,59926,61428,42740,249000
       Cash And Cash Equivalents 
0
0
0
14,669
12,307
11,298
12,006
14,344
11,314
11,586
12,681
17,636
15,101
11,406
10,591
24,025
18,407
14,247
15,112
29,265
21,457
15,208
15,459
37,355
27,338
23,304
23,686
37,954
21,955
50,213
50,213
0
23,776
62,923
62,923
0
32,110
56,084
56,084
0
20,462
0
0
0
42,954
0
0
0
63,710
0
119,476
0
5,141
21,480
21,480
3,190
3,190
41,270
41,270
41,27041,2703,1903,19021,48021,4805,1410119,476063,71000042,95400020,462056,08456,08432,110062,92362,92323,776050,21350,21321,95537,95423,68623,30427,33837,35515,45915,20821,45729,26515,11214,24718,40724,02510,59111,40615,10117,63612,68111,58611,31414,34412,00611,29812,30714,669000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,327
221
901
2,023
372
37
151
556
75
7
55
52
314
44
0
0
0
48
0
0
0
485
452
452
0
41
0
0
0
51
0
134
0
43
0
124
0
91
0
304
0
443
0
1,235
1,235044303040910124043013405100041045245248500048000443145255775556151373722,0239012211,327000000000000000
       Net Receivables 
0
0
0
24,339
13,530
12,767
13,740
19,184
14,399
14,278
13,264
19,903
15,320
19,383
22,439
19,548
16,610
17,182
16,797
15,509
14,014
19,218
22,909
17,099
16,080
18,307
23,390
17,148
20,655
25,421
25,421
0
25,525
41,011
41,011
0
25,974
44,878
44,878
0
54,944
47,849
47,849
0
86,099
53,296
53,296
50,303
50,259
35,774
37,192
53,959
53,868
78,719
80,773
58,175
66,982
93,005
99,053
99,05393,00566,98258,17580,77378,71953,86853,95937,19235,77450,25950,30353,29653,29686,099047,84947,84954,944044,87844,87825,974041,01141,01125,525025,42125,42120,65517,14823,39018,30716,08017,09922,90919,21814,01415,50916,79717,18216,61019,54822,43919,38315,32019,90313,26414,27814,39919,18413,74012,76713,53024,339000
       Other Current Assets 
0
0
0
142
730
687
456
89
396
254
221
243
367
385
247
401
405
253
514
377
504
557
654
403
722
786
737
296
322
556
556
0
933
1,164
1,164
0
1,041
1,132
1,132
0
1,454
1,747
1,747
0
5,071
4,877
4,877
4,221
4,221
3,751
3,751
5,329
5,329
7,259
6,085
14,955
5,705
10,283
4,235
4,23510,2835,70514,9556,0857,2595,3295,3293,7513,7514,2214,2214,8774,8775,07101,7471,7471,45401,1321,1321,04101,1641,164933055655632229673778672240365455750437751425340540124738536724322125439689456687730142000
   > Long-term Assets 
0
0
0
6,218
6,206
6,571
6,569
6,273
6,664
6,633
6,772
6,317
6,314
6,595
6,397
8,005
8,388
8,565
8,342
8,235
8,732
8,648
8,128
8,791
9,008
8,816
8,975
9,761
13,876
0
0
0
16,003
0
0
0
18,739
0
0
0
49,640
0
0
0
52,320
0
0
0
63,843
0
64,947
0
128,825
135,663
135,663
132,374
132,374
136,047
136,047
136,047136,047132,374132,374135,663135,663128,825064,947063,84300052,32000049,64000018,73900016,00300013,8769,7618,9758,8169,0088,7918,1288,6488,7328,2358,3428,5658,3888,0056,3976,5956,3146,3176,7726,6336,6646,2736,5696,5716,2066,218000
       Property Plant Equipment 
0
0
0
1,467
1,436
1,693
1,658
1,612
1,593
1,592
1,621
1,612
1,588
1,545
1,587
1,743
1,873
2,002
1,945
1,860
1,827
1,741
1,689
1,873
1,855
1,912
1,902
2,337
3,456
3,713
3,713
0
4,095
4,425
4,425
0
4,558
4,556
4,556
0
23,145
22,950
22,950
0
24,834
24,680
24,680
24,674
24,674
24,738
24,738
25,358
25,358
29,009
29,009
27,300
27,300
28,869
28,869
28,86928,86927,30027,30029,00929,00925,35825,35824,73824,73824,67424,67424,68024,68024,834022,95022,95023,14504,5564,5564,55804,4254,4254,09503,7133,7133,4562,3371,9021,9121,8551,8731,6891,7411,8271,8601,9452,0021,8731,7431,5871,5451,5881,6121,6211,5921,5931,6121,6581,6931,4361,467000
       Goodwill 
0
0
0
2,950
2,950
2,950
2,950
2,950
2,950
2,950
2,950
2,950
2,950
2,950
0
2,950
2,950
2,950
2,950
2,950
2,950
2,950
2,950
2,950
2,950
2,950
2,950
2,950
2,950
3,027
3,027
0
3,027
3,607
3,607
0
3,607
4,625
4,625
0
4,625
0
4,625
0
4,625
0
4,625
0
11,801
0
10,323
0
56,986
47,628
47,628
47,628
47,628
47,628
47,628
47,62847,62847,62847,62847,62847,62856,986010,323011,80104,62504,62504,62504,62504,6254,6253,60703,6073,6073,02703,0273,0272,9502,9502,9502,9502,9502,9502,9502,9502,9502,9502,9502,9502,9502,95002,9502,9502,9502,9502,9502,9502,9502,9502,9502,9502,950000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
178
178
0
101
93
93
0
595
5,861
5,861
0
5,862
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000005,86205,8615,86159509393101017817800000000000000000000000000000
       Intangible Assets 
0
0
0
207
320
335
298
289
254
225
193
167
162
134
3,057
101
116
103
119
134
158
138
119
102
85
77
201
185
166
313
313
0
314
470
470
0
2,078
5,691
5,691
0
6,913
0
8,172
0
8,334
0
8,206
0
12,547
0
13,234
0
30,533
39,007
39,007
35,877
35,877
35,690
35,690
35,69035,69035,87735,87739,00739,00730,533013,234012,54708,20608,33408,17206,91305,6915,6912,0780470470314031331316618520177851021191381581341191031161013,057134162167193225254289298335320207000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
7,405
7,405
0
8,466
8,315
8,315
0
7,900
8,894
8,894
0
0
16,242
16,242
0
14,528
14,547
14,547
14,821
14,821
16,651
16,651
15,949
0
20,020
0
21,569
0
0
0
00021,569020,020015,94916,65116,65114,82114,82114,54714,54714,528016,24216,242008,8948,8947,90008,3158,3158,46607,4057,40500000000000000000000000000000
> Total Liabilities 
0
0
0
20,119
11,009
10,197
12,058
17,167
10,692
10,035
10,185
18,530
11,609
13,127
15,290
25,163
17,254
14,868
16,263
24,304
16,338
17,423
19,979
32,907
22,293
22,504
31,047
36,844
28,494
52,271
52,271
0
34,534
74,349
74,349
0
43,460
75,693
75,693
0
84,718
0
109,330
0
143,662
0
137,393
0
135,733
0
144,197
0
149,124
187,586
187,586
169,446
169,446
190,795
190,795
190,795190,795169,446169,446187,586187,586149,1240144,1970135,7330137,3930143,6620109,330084,718075,69375,69343,460074,34974,34934,534052,27152,27128,49436,84431,04722,50422,29332,90719,97917,42316,33824,30416,26314,86817,25425,16315,29013,12711,60918,53010,18510,03510,69217,16712,05810,19711,00920,119000
   > Total Current Liabilities 
0
0
0
18,593
9,482
8,584
10,445
15,106
8,228
7,606
7,680
16,057
9,013
10,554
12,214
20,762
12,616
10,149
11,578
20,211
12,094
13,112
15,528
27,491
16,763
16,867
25,294
31,463
21,659
46,052
46,052
0
28,421
61,555
61,555
0
28,994
55,776
55,776
0
43,454
63,559
63,559
0
92,243
82,436
82,436
83,603
83,603
85,236
85,236
76,023
76,023
103,328
103,328
93,433
93,433
112,896
112,896
112,896112,89693,43393,433103,328103,32876,02376,02385,23685,23683,60383,60382,43682,43692,243063,55963,55943,454055,77655,77628,994061,55561,55528,421046,05246,05221,65931,46325,29416,86716,76327,49115,52813,11212,09420,21111,57810,14912,61620,76212,21410,5549,01316,0577,6807,6068,22815,10610,4458,5849,48218,593000
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,700
0
0
0
2,395
0
0
0
3,423
0
3,132
0
9,510
313
4,260
9,919
15,386
1,162
6,195
6,1951,16215,3869,9194,2603139,51003,13203,4230002,3950002,7000000000000000000000000000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
6,823
0
313
0
9,919
0
1,162
1,16209,919031306,8230000000000000000000000000000000000000000000000000000
       Accounts payable 
0
0
0
10,060
3,777
3,598
4,485
6,409
1,701
2,523
2,405
6,818
2,309
3,694
3,824
7,329
3,299
2,495
3,636
7,306
2,113
3,951
4,653
9,300
4,287
5,090
10,335
11,801
4,882
16,149
16,149
0
7,829
27,093
27,093
0
9,896
23,081
23,081
0
17,536
28,235
28,235
0
58,913
25,588
25,588
28,563
28,563
23,380
23,277
30,703
30,654
36,266
36,186
36,135
35,899
32,528
32,528
32,52832,52835,89936,13536,18636,26630,65430,70323,27723,38028,56328,56325,58825,58858,913028,23528,23517,536023,08123,0819,896027,09327,0937,829016,14916,1494,88211,80110,3355,0904,2879,3004,6533,9512,1137,3063,6362,4953,2997,3293,8243,6942,3096,8182,4052,5231,7016,4094,4853,5983,77710,060000
       Other Current Liabilities 
0
0
0
8,533
5,706
4,986
5,961
8,697
6,527
5,082
5,276
9,238
6,704
6,860
8,390
13,433
9,317
7,655
7,943
12,905
9,981
9,161
10,875
18,191
12,475
11,777
14,959
19,662
16,776
14,746
14,746
0
20,591
17,096
17,096
0
19,098
18,073
18,073
0
4,061
17,683
17,683
0
26,681
31,257
31,257
51,617
34,545
32,818
86
35,811
35,860
66,750
32,651
47,379
6,093
79,206
41,651
41,65179,2066,09347,37932,65166,75035,86035,8118632,81834,54551,61731,25731,25726,681017,68317,6834,061018,07318,07319,098017,09617,09620,591014,74614,74616,77619,66214,95911,77712,47518,19110,8759,1619,98112,9057,9437,6559,31713,4338,3906,8606,7049,2385,2765,0826,5278,6975,9614,9865,7068,533000
   > Long-term Liabilities 
0
0
0
1,526
1,526
1,613
1,613
2,061
2,464
2,430
2,505
2,473
2,596
2,573
3,076
4,401
4,637
4,718
4,684
4,093
4,244
4,311
4,451
5,416
5,531
5,637
5,753
5,381
6,836
0
0
0
6,113
0
0
0
14,466
0
0
0
41,264
0
0
0
51,419
0
0
0
52,130
0
58,961
0
73,101
84,258
84,258
76,013
76,013
77,899
77,899
77,89977,89976,01376,01384,25884,25873,101058,961052,13000051,41900041,26400014,4660006,1130006,8365,3815,7535,6375,5315,4164,4514,3114,2444,0934,6844,7184,6374,4013,0762,5732,5962,4732,5052,4302,4642,0611,6131,6131,5261,526000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
15,452
0
14,936
0
16,875
0
15,242
0
14,209
0
14,278
0
13,657
0
14,866
0
10,784
0
0
0010,784014,866013,657014,278014,209015,242016,875014,936015,4520000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
6,219
6,219
0
6,113
12,793
12,793
0
14,466
19,917
19,917
0
25,812
30,327
30,327
0
34,544
39,334
39,334
37,921
37,921
44,683
44,683
59,444
59,444
69,391
69,391
65,229
65,229
0
0
0065,22965,22969,39169,39159,44459,44444,68344,68337,92137,92139,33439,33434,544030,32730,32725,812019,91719,91714,466012,79312,7936,11306,2196,21900000000000000000000000000000
> Total Stockholder Equity
0
0
0
26,347
23,624
22,988
23,110
25,015
23,990
24,407
24,630
27,705
27,837
27,365
28,081
30,406
30,259
30,142
30,292
33,079
32,196
31,227
32,291
35,667
35,416
34,394
35,726
40,248
38,741
46,941
46,941
46,941
46,757
59,087
59,087
59,087
56,460
69,158
69,158
69,158
63,165
0
77,454
0
88,394
0
102,385
0
102,719
0
129,560
0
106,494
127,590
127,590
111,473
111,473
137,747
137,747
137,747137,747111,473111,473127,590127,590106,4940129,5600102,7190102,385088,394077,454063,16569,15869,15869,15856,46059,08759,08759,08746,75746,94146,94146,94138,74140,24835,72634,39435,41635,66732,29131,22732,19633,07930,29230,14230,25930,40628,08127,36527,83727,70524,63024,40723,99025,01523,11022,98823,62426,347000
   Common Stock
0
0
0
6,500
6,500
6,500
6,500
6,500
6,500
6,500
6,500
6,500
6,500
6,500
6,500
6,500
6,500
6,500
6,500
6,500
6,500
6,500
6,500
6,500
6,500
6,500
6,500
6,500
6,500
6,500
6,500
0
6,500
6,500
6,500
0
6,500
6,500
6,500
0
6,500
6,500
6,500
0
6,500
6,500
6,500
6,500
6,500
6,500
6,500
6,500
6,500
6,500
6,500
6,500
6,500
6,500
6,500
6,5006,5006,5006,5006,5006,5006,5006,5006,5006,5006,5006,5006,5006,5006,50006,5006,5006,50006,5006,5006,50006,5006,5006,50006,5006,5006,5006,5006,5006,5006,5006,5006,5006,5006,5006,5006,5006,5006,5006,5006,5006,5006,5006,5006,5006,5006,5006,5006,5006,5006,5006,500000
   Retained Earnings Total Equity00000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income -597-597-236-236-107-107-51000000000000000000000000-7,599000-7,337000-6,937000-6,314000-5,72200000000000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
21,922
0
21,922
0
21,922
0
21,922
0
21,922
0
21,922
0
21,922
0
21,922
0
21,922
0
0
0021,922021,922021,922021,922021,922021,922021,922021,922021,9220000000000000000000000000000000000000000
   Treasury Stock00000000-1040-1040-1040-1040-1040-1040000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
19,874
16,877
21,818
21,803
21,818
21,818
21,839
21,818
21,810
21,817
21,812
21,815
20,953
20,948
20,946
20,948
21,250
21,250
21,250
21,250
20,440
20,450
20,452
20,449
20,669
19,854
-1,477
-1,477
0
40,257
-1,444
-1,444
0
20,366
-1,524
-1,524
0
19,942
-2,057
-2,057
0
81,894
-2,145
-2,145
-1,416
96,219
-1,634
123,060
-51
21,818
21,818
21,818
21,818
21,818
21,818
21,818
21,81821,81821,81821,81821,81821,81821,818-51123,060-1,63496,219-1,416-2,145-2,14581,8940-2,057-2,05719,9420-1,524-1,52420,3660-1,444-1,44440,2570-1,477-1,47719,85420,66920,44920,45220,45020,44021,25021,25021,25021,25020,94820,94620,94820,95321,81521,81221,81721,81021,81821,83921,81821,81821,80321,81816,87719,874000



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in EUR. All numbers in thousands.