Safestore Holdings (MEX:SAFEN) Gross Margin %: 64.43% (As of Apr. 2026) — Near Median


MEX:SAFEN Safestore Holdings PLC MEX:SAFEN
79 GF Score
Price MXN221.20
GF Value MXN285.97
! 6 Warning Signs
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What is Safestore Holdings Gross Margin %?

Safestore Holdings MEX:SAFEN 79 Gross Margin % is 64.43% as of Apr. 2026, which is 2% below its 10-year median of 65.61. GuruFocus rates MEX:SAFEN with a GF Score™ of 79/100 and a GF Value™ of MXN285.97. The stock has 6 warning signs investors should review. Among 680 REITs companies, Safestore Holdings ranks worse than 59.71% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Safestore Holdings's Gross Profit for the six months ended in Apr. 2026 was MXN1,832 Mil. Safestore Holdings's Revenue for the six months ended in Apr. 2026 was MXN2,843 Mil. Therefore, Safestore Holdings's Gross Margin % for the quarter that ended in Apr. 2026 was 64.43%.


The historical rank and industry rank for Safestore Holdings's Gross Margin % or its related term are showing as below:

MEX:SAFEN' s Gross Margin % Range Over the Past 10 Years
Min: 64.07   Med: 65.61   Max: 70.35
Current: 65.35


During the past 13 years, the highest Gross Margin % of Safestore Holdings was 70.35%. The lowest was 64.07%. And the median was 65.61%.

MEX:SAFEN's Gross Margin % is ranked worse than
59.71% of 680 companies
in the REITs industry
Industry Median: 69.705 vs MEX:SAFEN: 65.35

Safestore Holdings had a gross margin of 64.43% for the quarter that ended in Apr. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Safestore Holdings was -0.30% per year.


Safestore Holdings  (MEX:SAFEN) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Safestore Holdings had a gross margin of 64.43% for the quarter that ended in Apr. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Safestore Holdings Gross Margin % Related Terms


Safestore Holdings Gross Margin % Historical Data

* Premium members only.

The historical data trend for Safestore Holdings's Gross Margin % 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 Gross Margin % Chart

Safestore Holdings Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.54 70.35 68.82 67.01 65.90

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
Gross Margin % 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 67.31 66.73 65.51 66.26 64.43

MEX:SAFEN vs PLD, PSA, EXR: Gross Margin % Comparison

For the REIT - Industrial subindustry, Safestore Holdings's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Safestore Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Safestore Holdings's Gross Margin % falls into.


MEX:SAFEN
79GF Score
Safestore Holdings PLC MEX:SAFEN
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Safestore Holdings Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Safestore Holdings's Gross Margin for the fiscal year that ended in Oct. 2025 is calculated as

Gross Margin % (A: Oct. 2025 )=Gross Profit (A: Oct. 2025 ) / Revenue (A: Oct. 2025 )
=3823.2 / 5801.662
=(Revenue - Cost of Goods Sold) / Revenue
=(5801.662 - 1978.458) / 5801.662
=65.90 %

Safestore Holdings's Gross Margin for the quarter that ended in Apr. 2026 is calculated as


Gross Margin % (Q: Apr. 2026 )=Gross Profit (Q: Apr. 2026 ) / Revenue (Q: Apr. 2026 )
=1831.8 / 2843.125
=(Revenue - Cost of Goods Sold) / Revenue
=(2843.125 - 1011.361) / 2843.125
=64.43 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 64.43% mean?
Safestore Holdings (MEX:SAFEN) has a Gross Margin % of 64.43% as of Apr. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Safestore Holdings and its competitors. This is near median its historical median of 65.61. Over the past decade, Safestore Holdings' Gross Margin % has ranged from 64.07 to 70.35. According to the industry distribution chart, Safestore Holdings ranks #406 out of 680 companies in the REITs industry, placing it in the top 59.7%.
Is Safestore Holdings' Gross Margin % too high?
Safestore Holdings' current Gross Margin % of 64.43% is near median its 10-year median of 65.61. Over the past 10 years, this metric has ranged from a low of 64.07 to a high of 70.35. The REITs industry median Gross Margin % is 69.71. Safestore Holdings' value of 64.43% is 7.6% below this industry median. Based on the distribution chart, Safestore Holdings ranks #406 out of 680 companies in the REITs industry, which is below the industry midpoint. Overall, Safestore Holdings has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Safestore Holdings' Gross Margin % compare to PLD and PSA?
According to the REITs industry distribution chart, Safestore Holdings ranks #406 out of 680 companies for Gross Margin %. This places Safestore Holdings in the lower half of its industry. The industry median Gross Margin % is 69.71. Safestore Holdings' value of 64.43% is 7.6% below this benchmark. Historically, Safestore Holdings' own Gross Margin % has ranged from 64.07 to 70.35 over the past decade. While the company's 10-year median is 65.61 vs. the industry median of 69.71, Safestore Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a REITs company?
The median Gross Margin % among REITs companies is 69.71, based on 680 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Safestore Holdings's current Gross Margin % of 64.43% is 7.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Safestore Holdings and its competitors. For the REITs industry, the median Gross Margin % is 69.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Safestore Holdings's current Gross Margin % is 64.43%, which is near median its own 10-year median of 65.61. 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?
Safestore Holdings (MEX:SAFEN) has a current Gross Margin % of 64.43%. The stock's GF Value™ is MXN285.97, compared to a current price of MXN221.20 — trading 22.6% below its estimated fair value. The current Gross Margin % is 64.43%, which is near median its 10-year median of 65.61 and 7.6% below the REITs industry median of 69.71. Safestore Holdings' overall GF Score™ is 79/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Safestore Holdings (MEX:SAFEN), the current Gross Margin % is 64.43% 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 (MEX:SAFEN) Overvalued in 2026?

Based on GuruFocus' analysis, Safestore Holdings stock appears to be undervalued. The current stock price of MXN221.20 is trading 22.6% below its estimated GF Value™ of MXN285.97.

Key valuation signals for MEX:SAFEN:

  • Gross Margin %: 64.43% (near median its 10-year median of 65.61)
  • GF Value™: MXN285.97 vs. price of MXN221.20 (22.6% below fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 7.6% below the REITs median (#406 of 680)

No single metric tells the full story. See the MEX:SAFEN 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 MEX:SAFEN

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

MXN221.20
Price
MXN285.97
GF Value