Safestore Holdings (LSE:SAFE) Net Margin %: 27.69% (As of Apr. 2026) — 72% Below Median


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 Net Margin %?

Safestore Holdings LSE:SAFE +1.63% 79 Net Margin % is 27.69% as of Apr. 2026, which is 72% below its 10-year median of 99.49. 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. Among 928 REITs companies, Safestore Holdings ranks worse than 66.59% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Safestore Holdings's Net Income for the six months ended in Apr. 2026 was £33.4 Mil. Safestore Holdings's Revenue for the six months ended in Apr. 2026 was £120.6 Mil. Therefore, Safestore Holdings's net margin for the quarter that ended in Apr. 2026 was 27.69%.

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

LSE:SAFE' s Net Margin % Range Over the Past 10 Years
Min: 26.93   Med: 99.49   Max: 217.84
Current: 26.93


LSE:SAFE's Net Margin % is ranked worse than
66.59% of 928 companies
in the REITs industry
Industry Median: 45.23 vs LSE:SAFE: 26.93

Safestore Holdings  (LSE:SAFE) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Safestore Holdings Net Margin % Related Terms


Safestore Holdings Net Margin % Historical Data

* Premium members only.

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

Safestore Holdings Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 204.50 217.84 89.30 166.65 47.42

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
Net 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 143.59 188.70 70.30 26.17 27.69

LSE:SAFE vs PLD, PSA, EXR: Net Margin % Comparison

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

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

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


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

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

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

Net Margin=Net Income (A: Oct. 2025 )/Revenue (A: Oct. 2025 )
=111.1/234.3
=47.42 %

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

Net Margin=Net Income (Q: Apr. 2026 )/Revenue (Q: Apr. 2026 )
=33.4/120.6
=27.69 %

* 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 Net Margin % →
What does a Net Margin % of 27.69% mean?
Safestore Holdings (LSE:SAFE) has a Net Margin % of 27.69% as of Apr. 2026. Net margin is the ratio of total net income to net sales. View historical data on Safestore Holdings and its competitors. This is 72% below median its historical median of 99.49. Over the past decade, Safestore Holdings' Net Margin % has ranged from 26.93 to 217.84. According to the industry distribution chart, Safestore Holdings ranks #618 out of 928 companies in the REITs industry, placing it in the top 66.6%.
Is Safestore Holdings' Net Margin % too high?
Safestore Holdings' current Net Margin % of 27.69% is 72% below median its 10-year median of 99.49. Over the past 10 years, this metric has ranged from a low of 26.93 to a high of 217.84. The REITs industry median Net Margin % is 45.23. Safestore Holdings' value of 27.69% is 38.8% below this industry median. Based on the distribution chart, Safestore Holdings ranks #618 out of 928 companies in the REITs industry, which is below the industry midpoint. 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' Net Margin % compare to PLD and PSA?
According to the REITs industry distribution chart, Safestore Holdings ranks #618 out of 928 companies for Net Margin %. This places Safestore Holdings in the lower half of its industry. The industry median Net Margin % is 45.23. Safestore Holdings' value of 27.69% is 38.8% below this benchmark. Historically, Safestore Holdings' own Net Margin % has ranged from 26.93 to 217.84 over the past decade. While the company's 10-year median is 99.49 vs. the industry median of 45.23, 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 Net Margin % for a REITs company?
The median Net Margin % among REITs companies is 45.23, based on 928 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Safestore Holdings's current Net Margin % of 27.69% is 38.8% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Safestore Holdings and its competitors. For the REITs industry, the median Net Margin % is 45.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Safestore Holdings's current Net Margin % is 27.69%, which is 72% below median its own 10-year median of 99.49. 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 Net Margin % is 27.69%, which is 72% below median its 10-year median of 99.49 and 38.8% below the REITs industry median of 45.23. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Safestore Holdings (LSE:SAFE), the current Net Margin % is 27.69% 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:

  • Net Margin %: 27.69% (72% below median its 10-year median of 99.49)
  • GF Value™: £8.08 vs. price of £6.25 (22.6% below fair value)
  • GF Score™: 79/100 with 7 warning signs
  • Industry Position: 38.8% below the REITs median (#618 of 928)

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

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

£6.25
Price
£8.08
GF Value