Safestore HoldingsMEX:SAFEN 79 Interest Coverage is 3.90 as of Apr. 2026, which is 34% below its 10-year median of 5.87. 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 700 REITs companies, Safestore Holdings ranks better than 61.57% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Safestore Holdings's
Operating Income
for the
six
months ended in Apr. 2026 was MXN1,497 Mil. Safestore Holdings's Interest Expense for the
six
months ended in Apr. 2026 was MXN-384 Mil.
Safestore Holdings's interest coverage for the quarter that ended in Apr. 2026 was 3.90.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Safestore Holdings's Interest Coverage or its related term are showing as below:
MEX:SAFEN'
s Interest Coverage Range Over the Past 10 Years
Min: 4.19 Med: 5.87 Max: 7.24
Current: 4.19
MEX:SAFEN's Interest Coverage is ranked better than 61.57% of 700
companies
in the REITs industry
Industry Median: 3.095
vs MEX:SAFEN: 4.19
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Safestore Holdings Interest Coverage Related Terms
Safestore Holdings Interest Coverage Historical Data
* Premium members only.
The historical data trend for Safestore Holdings's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
MEX:SAFEN vs PLD, PSA, EXR: Interest Coverage Comparison
For the REIT - Industrial subindustry, Safestore Holdings's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs REITs Industry
For the REITs industry and Real Estate sector, Safestore Holdings's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Safestore Holdings's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 (MEX:SAFEN) has a Interest Coverage of 3.90 as of Apr. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Safestore Holdings and its competitors. This is 34% below median its historical median of 5.87. Over the past decade, Safestore Holdings' Interest Coverage has ranged from 4.19 to 7.24. According to the industry distribution chart, Safestore Holdings ranks #269 out of 700 companies in the REITs industry, placing it in the top 38.4%.
Is Safestore Holdings' Interest Coverage too high?
Safestore Holdings' current Interest Coverage of 3.90 is 34% below median its 10-year median of 5.87. Over the past 10 years, this metric has ranged from a low of 4.19 to a high of 7.24. The REITs industry median Interest Coverage is 3.10. Safestore Holdings' value of 3.90 is 26% above this industry median. Based on the distribution chart, Safestore Holdings ranks #269 out of 700 companies in the REITs industry, which is above 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' Interest Coverage compare to PLD and PSA?
According to the REITs industry distribution chart, Safestore Holdings ranks #269 out of 700 companies for Interest Coverage. This puts Safestore Holdings in the upper half of its industry. The industry median Interest Coverage is 3.10. Safestore Holdings' value of 3.90 is 26% above this benchmark. Historically, Safestore Holdings' own Interest Coverage has ranged from 4.19 to 7.24 over the past decade. While the company's 10-year median is 5.87 vs. the industry median of 3.10, Safestore Holdings has consistently been above 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 Interest Coverage for a REITs company?
The median Interest Coverage among REITs companies is 3.10, based on 700 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Safestore Holdings's current Interest Coverage of 3.90 is 26% above 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Safestore Holdings and its competitors. For the REITs industry, the median Interest Coverage is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Safestore Holdings's current Interest Coverage is 3.90, which is 34% below median its own 10-year median of 5.87. 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 Interest Coverage of 3.90. 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 Interest Coverage is 3.90, which is 34% below median its 10-year median of 5.87 and 26% above the REITs industry median of 3.10. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Safestore Holdings (MEX:SAFEN), the current Interest Coverage is 3.90 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:
Interest Coverage: 3.90 (34% below median its 10-year median of 5.87)
GF Value™: MXN285.97 vs. price of MXN221.20 (22.6% below fair value)
Industry Position: 26% above the REITs median (#269 of 700)
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 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
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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