Safestore Holdings (LSE:SAFE) EBIT: £98.5 Mil (TTM As of Apr. 2026)


LSE:SAFE Safestore Holdings PLC LSE:SAFE
79 GF Score
Price £6.25
GF Value £8.08
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Safestore Holdings EBIT?

Safestore Holdings LSE:SAFE +1.63% 79 EBIT is £98.5 Mil as of Apr. 2026. GuruFocus rates LSE:SAFE with a GF Score™ of 79/100 and a GF Value™ of £8.08 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Safestore Holdings's earnings before interest and taxes (EBIT) for the six months ended in Apr. 2026 was £52.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2026 was £98.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Safestore Holdings's annualized ROC % for the quarter that ended in Apr. 2026 was 3.17%. Safestore Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 1,451.03%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Safestore Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 4.03%.


Safestore Holdings  (LSE:SAFE) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Safestore Holdings's annualized ROC % for the quarter that ended in Apr. 2026 is calculated as:

ROC % (Q: Apr. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2025 ) + Invested Capital (Q: Apr. 2026 ))/ count )
=127 * ( 1 - 7.99% )/( (3694.6 + 3688.1)/ 2 )
=116.8527/3691.35
=3.17 %

where

Note: The Operating Income data used here is two times the semi-annual (Apr. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Safestore Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2025  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=105.2/( ( (7.2 + max(-30, 0)) + (7.3 + max(-25.5, 0)) )/ 2 )
=105.2/( ( 7.2 + 7.3 )/ 2 )
=105.2/7.25
=1,451.03 %

where Working Capital is:

Working Capital(Q: Oct. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(16.5 + 0.4 + 7.1) - (18.3 + 0 + 35.7)
=-30

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(27 + 0.4 + 1.3) - (54.2 + 0 + 0)
=-25.5

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Apr. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Safestore Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Apr. 2026 )
=98.5/2444.115
=4.03 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Safestore Holdings EBIT Related Terms


Safestore Holdings EBIT Historical Data

* Premium members only.

The historical data trend for Safestore Holdings's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Safestore Holdings EBIT Chart

Safestore Holdings Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 419.50 515.70 228.20 424.30 158.40

Safestore Holdings Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 186.00 238.30 112.50 45.90 52.60

LSE:SAFE vs PLD, PSA, EXR: EBIT Comparison

For the REIT - Industrial subindustry, Safestore Holdings's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Safestore Holdings EV-to-EBIT vs REITs Industry

For the REITs industry and Real Estate sector, Safestore Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Safestore Holdings's EV-to-EBIT falls into.


LSE:SAFE
79GF Score
Safestore Holdings PLC LSE:SAFE
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Safestore Holdings EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was £98.5 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of £98.5 Mil mean?
Safestore Holdings (LSE:SAFE) has a EBIT of £98.5 Mil as of Apr. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Safestore Holdings.
Is Safestore Holdings' EBIT too high?
Safestore Holdings' current EBIT is £98.5 Mil. Overall, Safestore Holdings has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Safestore Holdings' EBIT compare to PLD and PSA?
Safestore Holdings' EBIT of £98.5 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a REITs company?
A good EBIT depends on the REITs industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Safestore Holdings. Safestore Holdings's current EBIT is £98.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Safestore Holdings stock overvalued right now?
Based on GuruFocus' analysis, Safestore Holdings (LSE:SAFE) is currently considered Modestly Undervalued. The stock's GF Value™ is £8.08, compared to a current price of £6.25 — trading 22.6% below its estimated fair value. The current EBIT is £98.5 Mil. Safestore Holdings' overall GF Score™ is 79/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Safestore Holdings (LSE:SAFE), the current EBIT is £98.5 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Safestore Holdings (LSE:SAFE) Overvalued in 2026?

Based on GuruFocus' analysis, Safestore Holdings stock appears to be undervalued. The current stock price of £6.25 is trading 22.6% below its estimated GF Value™ of £8.08. GuruFocus considers Safestore Holdings to be Modestly Undervalued.

Key valuation signals for LSE:SAFE:

  • EBIT: £98.5 Mil
  • GF Value™: £8.08 vs. price of £6.25 (22.6% below fair value)
  • GF Score™: 79/100 with 7 warning signs

No single metric tells the full story. See the LSE:SAFE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Safestore Holdings Business Description

Industry Real EstateREITs
Address Brittanic House, Stirling Way, Borehamwood, Hertfordshire, GBR, WD6 2BT
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 provision of self-storage accommodation and related services. The company operates in three segments based on geographical areas, being the United Kingdom, Paris in France and Expansion Markets (Spain, the Netherlands and Belgium). It also derives revenue from the rental of self-storage space and the sale of ancillary products such as StoreProtect and merchandise (e.g. packing materials and padlocks).
79GF Score

Get the complete analysis for LSE:SAFE

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£6.25
Price
£8.08
GF Value