# Verisure (VSURE.ST)

Canonical: https://gigainvestors.com/s/VSURE.ST

Analysis as of: 2026-10-16T07:35:49.527Z. 

Listing currency: EUR. Reporting currency: EUR.

## Verdict

Not enough history yet

Quality tests for Buy: not passed (profit record: fail; earnings resilience is evidence only). Published buy qualification: no.

Share price: EUR 9.03 per share; close as of 2026-10-15.

## Checklist

### understandable: na

### moat: na

### economics: na

### management: na

### accounting: na

## Holders

## Price story

Down 45% since Nov 2025

Story as of 2026-10-16T10:01:27.222Z; price observation 2026-10-15.

## Owner memo

Memo as of 2026-10-16T08:06:05.509Z.

### How it makes money

Operates in security & protection services; annual sales are EUR 3.7 billion.

- Source: https://eodhd.com/api/fundamentals/VSURE.ST.json#2025-12-31 (filed 2026-10-16T07:35:49.527Z); FY2025: revenue 3745400000; grossProfit 1811500000; margin = grossProfit / revenue.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); VSURE.ST: Verisure plc provides security services for families and small businesses in Europe and Latin America. It provides professional installation, 24/7 monitoring, expert verification and response, customer care, maintenance, and technical support, as well as protecting against intrusion, burglary, fire, physical attack, theft, life-threatening emergencies, and other hazards. The company was founded in 1988 and is based in London, the United Kingdom.

### Why customers stay

Margins ranged from 26.1% to 48.4% during 2023–25.

- Source: https://eodhd.com/api/fundamentals/VSURE.ST.json#2023-12-31 (filed 2026-10-16T07:35:49.527Z); FY2023: grossProfit / revenue = 26.1%.

- Source: https://eodhd.com/api/fundamentals/VSURE.ST.json#2024-12-31 (filed 2026-10-16T07:35:49.527Z); FY2024: grossProfit / revenue = 27%.

- Source: https://eodhd.com/api/fundamentals/VSURE.ST.json#2025-12-31 (filed 2026-10-16T07:35:49.527Z); FY2025: grossProfit / revenue = 48.4%.

### Where the cash goes

Paid no dividends in 4 years.

- Source: https://eodhd.com/api/fundamentals/VSURE.ST.json#2022-12-31 (filed 2026-10-16T07:35:49.527Z); FY2022: growth capex 0; upkeep 440428000; owner earnings 217479000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/api/fundamentals/VSURE.ST.json#2023-12-31 (filed 2026-10-16T07:35:49.527Z); FY2023: growth capex 0; upkeep 465113000; owner earnings 227840000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/api/fundamentals/VSURE.ST.json#2024-12-31 (filed 2026-10-16T07:35:49.527Z); FY2024: growth capex 0; upkeep 478243000; owner earnings 367303000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16T07:35:49.527Z); Dividend observations: [[2022,0],[2023,0],[2024,0],[2025,0]]. Zero only counted when supported by a complete cash-flow statement.

### Are managers owners

Insiders own 21.4% of the company.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); VSURE.ST SharesStats.PercentInsiders = 21.378 percentage points; cache date 2026-10-16.

### What the price says

The price is 2.1 times annual sales; cash earnings are negative.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16T07:35:49.527Z); Closing price 9.03 EUR; reporting-to-trading FX 1; FY2025 annual sales per share 4.38061616155806; price multiple 2.0613538522828. FY2025 cash earnings/share -0.23567420210229856. Closing-price date 2026-10-15.

## Monthly share-price history (EUR per share)

- 2025-10: EUR 16.03 per share

- 2025-11: EUR 16.52 per share

- 2025-12: EUR 14.00 per share

- 2026-01: EUR 13.77 per share

- 2026-02: EUR 9.45 per share

- 2026-03: EUR 8.90 per share

- 2026-04: EUR 10.53 per share

- 2026-05: EUR 11.43 per share

- 2026-06: EUR 9.76 per share

- 2026-07: EUR 10.77 per share

- 2026-08: EUR 8.90 per share

- 2026-09: EUR 8.10 per share

- 2026-10: EUR 8.88 per share

## Annual estimated value (EUR per share)

Historical values use today's bond yield for every fiscal year

Historical values use today's FX rate into trading currency for every fiscal year

Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates

## Sources

Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights.

## Reported holder observations