Safestore Holdings PLC Ordinary Shares SAFE

Morningstar Rating
GBX 889.00 −18.50 (2.04%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

SAFE is trading at a 824% premium.
Price
£906.18
Fair Value
£671.44
Uncertainty
High
1-Star Price
£2,439.52
5-Star Price
£421.12
Economic Moat
Jpxx
Capital Allocation

Trading Information

Previous Close Price
GBX 907.50
Day Range
GBX 888.50905.50
52-Week Range
GBX 641.00930.00
Bid/Ask
GBX 888.00 / GBX 890.50
Market Cap
GBX 194.35 Bil
Volume/Avg
8,039 / 349,470

Key Statistics

Price/Earnings (Normalized)
20.75
Price/Sales
8.94
Dividend Yield (Trailing)
3.33%
Dividend Yield (Forward)
3.33%
Total Yield
3.33%

Company Profile

Safestore Holdings PLC is a real estate investment trust that owns and leases storage space located in Paris and the United Kingdom. The company focuses on the acquisition and operation of storage locations in wealthy, densely populated areas in Europe. Safestore's properties in the United Kingdom comprise the vast majority of its total holdings. The company derives the majority of its revenue from the rental of its self-storage lockers and the remaining from the sale of insurance and packaging materials. Southeast England and London account for the majority of Safestore's income. Total occupancy is split fairly evenly between individuals and businesses ranging from online retailers to large, multinational companies.
Sector
Real Estate
Industry
REIT - Industrial
Stock Style Box
Mid Core
Total Number of Employees
750

Comparables

Valuation

Metric
SAFE
BYG
LAND
Price/Earnings (Normalized)
20.7523.1013.94
Price/Book Value
0.971.030.76
Price/Sales
8.9412.275.90
Price/Cash Flow
18.8122.2512.65
Price/Earnings
SAFE
BYG
LAND

Financial Strength

Metric
SAFE
BYG
LAND
Quick Ratio
0.420.350.29
Current Ratio
0.420.360.42
Interest Coverage
13.1811.50−2.39
Quick Ratio
SAFE
BYG
LAND

Profitability

Metric
SAFE
BYG
LAND
Return on Assets (Normalized)
3.35%3.75%3.42%
Return on Equity (Normalized)
5.12%4.62%5.54%
Return on Invested Capital (Normalized)
4.36%4.64%4.43%
Return on Assets
SAFE
BYG
LAND

REIT - Industrial Industry Comparables

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Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
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LINE
Nbpr$17.5 Bil
Segro PLC
SEGXF
Qkqcm$15.9 Bil
CubeSmart
CUBE
VgrtxgbxNqmt$11.9 Bil
Rexford Industrial Realty Inc
REXR
Lkmd$10.9 Bil
CapitaLand Ascendas REIT Units
ACDSF
Wcs$9.9 Bil
EastGroup Properties Inc
EGP
Rybxpm$8.9 Bil
Americold Realty Trust Inc
COLD
TtkzczzxPfx$7.9 Bil

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