Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Safestore Holdings Plc is the United Kingdom's largest self-storage group and Europe's second-largest provider, operating as a real estate investment trust (REIT). It owns and/or operates approximately 210 secure, accessible storage facilities across the UK, France, Spain, the Netherlands, Belgium, Germany, and recently Italy through joint ventures. The company's primary function is to provide flexible self-storage solutions for personal and business customers, including online retailers and multinational firms, with revenue mainly from locker rentals and ancillary sales like insurance and packaging. Safestore Holdings Plc focuses on prime, densely populated urban areas, particularly London and Southeast England, which generate the majority of its income, alongside strong contributions from Paris and expansion markets. Notable features include a robust development pipeline of over 30 projects adding significant rentable space, commitment to sustainability with top ESG ratings, and a history of strategic acquisitions since its 1998 founding and 2007 London Stock Exchange listing. With around 750 employees, it plays a key role in the industrial REIT sector by delivering resilient growth and high occupancy split evenly between individuals and businesses.
£6.08
£0.06 (-0.98%)
EOD Jul 3, 2026
57.36% operating margin is above average. ROIC at 3.61%. Note that capital returns lag the margin, the business may be capital-intensive despite high margins.
Revenue grew 4.9%, steady but not accelerating. Margins contracted 2.4pp, which offsets some of the top-line progress.
Negative free cash flow of -£9M. The business is consuming cash, not generating it.
12.0x earnings. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
£234M
▲ +4.9% YoY
Net Income (TTM)
£111M
▼ -70.2% YoY
Op. Margin
57.36%
▼ -2.4pp YoY
ROIC
3.61%
▼ -0.6pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-£9M
▲ +61.6% YoY
Op. Cash Flow (TTM)
£162M
▼ -62.0% YoY
Net Debt
£1.06B
Cash & Equiv.
£11M
3Y CAGR: +3.3%
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At a P/E of 12.0, Safestore Holdings (SAFE.XLON)'s valuation is best read against its own history, its peers, and the growth its price implies. A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Safestore Holdings scores 55/100 on Intrinsiqq's quality scorecard (a mixed business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 5.0%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Safestore Holdings scores 55 out of 100 on Intrinsiqq's quality score, a weighted blend of 7 metrics each scored 0 to 100, which makes it a mixed business on these measures. Recent fundamentals include a 57.4% operating margin and a 3.6% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, Safestore Holdings pays a regular dividend of about £0.30 per share per year (typically in quarterly installments), a yield of roughly 5.0% at the current price. That is a payout ratio of about 59.9% of earnings, so the dividend is well covered. Safestore Holdings has grown the dividend at roughly 11.8% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For SAFE.XLON's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. you should weigh SAFE.XLON's valuation and scores 55/100 on quality (mixed). It also yields about 5.0%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.