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Safestore Holdings Plc

SAFE
Current price
771.5 GBX -16.04 GBX (-2.03%)
Last closed 795.5 GBX
ISIN GB00B1N7Z094
Sector Real Estate
Industry REIT - Industrial
Exchange London Exchange
Capitalization 1 733 425 794 GBX
Yield for 12 month -2.40 %
1Y
3Y
5Y
10Y
15Y
SAFE
21.11.2021 - 28.11.2021

Safestore is the UK's largest self storage group with 190 stores on 31 October 2023, comprising 133 wholly owned stores in the UK (including 73 in London and the South East with the remainder in key metropolitan areas such as Manchester, Birmingham, Glasgow, Edinburgh, Liverpool, Sheffield, Leeds, Newcastle, and Bristol), 29 wholly owned stores in the Paris region, 11 stores in Spain, 11 stores in the Netherlands and 6 stores in Belgium. In addition, the Group operates 7 stores in Germany under a Joint Venture agreement with Carlyle. Safestore operates more self storage sites inside the M25 and in central Paris than any competitor providing more proximity to customers in the wealthiest and more densely populated UK and French markets. Safestore was founded in the UK in 1998. It acquired the French business Une Pièce en Plus (UPP) in 2004 which was founded in 1998 by the current Safestore Group CEO Frederic Vecchioli. Safestore has been listed on the London Stock Exchange since 2007. It entered the FTSE 250 index in October 2015. The Group provides storage to around 90,000 personal and business customers. As of 31 October 2023, Safestore had a maximum lettable area (MLA) of 8.090 million sq ft (excluding the expansion pipeline stores) of which 6.231 million sq ft was occupied. Safestore employs around 750 people in the UK, Paris, Spain, the Netherlands, and Belgium. Address: Brittanic House, Borehamwood, United Kingdom, WD6 2BT

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Analytics

WallStreet Target Price

75 509.4 GBX

P/E ratio

6.5083

Dividend Yield

3.79 %

Current Year

+22 473 966 211 GBX

Last Year

+21 301 149 957 GBX

Current Quarter

+10 946 285 088 GBX

Last Quarter

+11 437 464 561 GBX

Current Year

+15 467 140 928 GBX

Last Year

+14 985 985 483 GBX

Current Quarter

+7 367 691 847 GBX

Last Quarter

+7 888 943 559 GBX

Key Figures SAFE

1 year
3 years
5 years
10 years
21.11.2021 - 28.11.2021
EBITDA 135 425 157 GBX
Operating Margin TTM 59.16 %
PE Ratio 6.5083
Return On Assets TTM 2.81 %
PEG Ratio
Return On Equity TTM 13.59 %
Wall Street Target Price 75 509.4 GBX
Revenue TTM 223 837 496 GBX
Book Value 9.37 GBX
Revenue Per Share TTM
Dividend Share 0.3 GBX
Quarterly Revenue Growth YOY -0.8 %
Dividend Yield 3.79 %
Gross Profit TTM 149 559 133 GBX
Earnings per share 1.21 GBX
Diluted Eps TTM 1.21 GBX
Most Recent Quarter II 2024
Quarterly Earnings Growth YOY 67.4 %
Profit Margin 118.32 %

Dividend Analytics SAFE

Champion - 10+ consecutive years of dividend increases

Dividend growth over 5 years

103 %

Continuous growth

14 years

Payout Ratio 5 years average

21 %

Dividend History SAFE

1 year
3 years
5 years
10 years
21.11.2021 - 28.11.2021
Forward Annual Dividend Rate 0.3
Ex Dividend Date 04.07.2024
Forward Annual Dividend Yield 3.8 %
Last Split Factor
Payout Ratio 24.96 %
Last Split Date
Dividend Date

Stock Valuation SAFE

1 year
3 years
5 years
10 years
21.11.2021 - 28.11.2021
Trailing PE 6.5083
Forward PE 18.622
Enterprise Value Revenue 11.6471
Price Sales TTM 7.7441
Enterprise Value EBITDA 8.6033
Price Book MRQ 0.8514

Financials SAFE

1 year
3 years
5 years
10 years
15 years
Results 2019 Dynamics
* The data for this period has not yet been published

Technical indicators SAFE

For 52 weeks

712.92 GBX 932.24 GBX
50 Day MA 866.73 GBX
Shares Short Prior Month
200 Day MA 820 GBX
Short Ratio
Shares Short
Short Percent 98 %