WinstonWınston
Stock

Croma Security Solutions Group

CSSG.L
45
Security & Protection Services · Industrials
Price
73.00 GBp
+0.00 (+0.00%)
Market Cap
10.1M GBp
Exchange
London Stock Exchange
Winston Score
45
Winston is serious
Mixed quality — meaningful strengths and weaknesses.
Data as of Sep 20, 2026 · filings through Dec 31, 2025

§How the score breaks down

Quality
Weak
Growth
Mixed
Cash Flow
Mixed
Stability
Exceptional
Valuation
Mixed
Dividends
Strong

Share count falling — buybacks

7.7% over 4y

The company has reduced its share count over this period, returning value to shareholders through buybacks.

Diluted shares outstanding: 14.9M (2021) → 13.8M (2025)

§Winston Score History

The full picture

Croma Security Solutions Group is a UK-based company that provides security products and services. It designs, installs, and maintains security systems like CCTV cameras, access control, intruder alarms, and fire detection systems. Its customers include government agencies, commercial businesses, and critical infrastructure operators across the United Kingdom.

The company earns revenue through a mix of project-based installations and recurring maintenance contracts. It is a small-cap business listed on the London Stock Exchange's AIM market, operating primarily in the UK. Croma competes in a fragmented security services market, where long-term maintenance contracts and government accreditations provide some customer stickiness. Growth depends on increasing demand for physical and electronic security, though the company's small scale means it faces pressure from larger, better-resourced competitors.

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+9.0% YoY

YoY Growth Rate

Slow revenue growth

EPS Growth

-39.8% YoY

YoY Growth Rate

Earnings declining

R&D Spend

£0/ year

0.0% of revenue

Below sector average (4%)

Research and development spending

Insider Activity

58.3%ownership

Insiders own a meaningful stake in the company

Cash Runway

~3 years

£4M cash & investments

Quarterly Free Cash Flow

↓ Burn rate worsening

£4M cash & investments at current burn rate

Growth context

Croma Security Solutions Group is growing revenue at 9% year-over-year. The Winston Score measures business quality today — these growth metrics show what could matter tomorrow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

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Quality

Profit per sale
Gross Margin
36.2%
Modest — 36.2% gross margin
Profit after running costs
Operating Margin
2.7%
Thin — 2.7% operating margin
Return on the money invested
ROCE
2.2%
Weak — 2.2% return on capital

ROIC between 0% and 5%. They earn a few cents back per dollar invested in the business.

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Growth

Sales growth
Sales YoY
+10.9%
Steady sales growth (+10.9% YoY)
Profit growth
EPS YoY
+7.1%
Modest earnings growth (+7.1% YoY)

Single-digit earnings growth — steady but not exciting.

How steady the profit is
EPS Consistency
3/8 quarters
Earnings rarely grow — volatile business

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Cash Flow

Profit that turns into cash
Cash Conversion
85%
Modest — 85% of profit becomes cash
Spare cash per sale
FCF Margin
-6.8%
Burning cash (-6.8%)

Free cash flow is negative. They are burning cash, not generating it.

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Stability

What it owes vs what it owns
Debt / Equity
0.03
Conservative — low debt load (0.03)
Covers its interest
Interest Cover
8.87x
Comfortably covers interest (8.9x)

Interest coverage above 8. Profits cover interest many times over.

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Valuation

Price vs profit
P/E Ratio (TTM)
15.1x
Fair value — P/E 15.1

P/E in the normal range. Price is roughly $15 for every $1 of yearly profit.

Cheaper or dearer next year
P/E vs Forward
N/A
not available
Data not available

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Dividends

Dividend
Dividend Yield
3.29%
Moderate income — 3.29% yield

Standard yield zone for stable dividend payers. A meaningful piece of total return.

Dividend record
Dividend Growth
+96.8%
Dividend growing fast (96.8% YoY)

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