Safestore HoldingsMEX:SAFEN 79 Return-on-Tangible-Equity is 2.86% as of Apr. 2026, which is 83% below its 10-year median of 17.06. 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 932 REITs companies, Safestore Holdings ranks worse than 69.64% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Safestore Holdings's annualized net income for the quarter that ended in Apr. 2026 was MXN1,575 Mil. Safestore Holdings's average shareholder tangible equity for the quarter that ended in Apr. 2026 was MXN55,132 Mil. Therefore, Safestore Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 was 2.86%.
The historical rank and industry rank for Safestore Holdings's Return-on-Tangible-Equity or its related term are showing as below:
MEX:SAFEN'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.86 Med: 17.06 Max: 31.69
Current: 2.86
During the past 13 years, Safestore Holdings's highest Return-on-Tangible-Equity was 31.69%. The lowest was 2.86%. And the median was 17.06%.
MEX:SAFEN's Return-on-Tangible-Equity is ranked worse than 69.64% of 932
companies
in the REITs industry
Industry Median: 6.29
vs MEX:SAFEN: 2.86
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Safestore Holdings Return-on-Tangible-Equity Related Terms
Safestore Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Safestore Holdings's Return-on-Tangible-Equity 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.
MEX:SAFEN vs PLD, PSA, EXR: Return-on-Tangible-Equity Comparison
For the REIT - Industrial subindustry, Safestore Holdings's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs REITs Industry
For the REITs industry and Real Estate sector, Safestore Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Safestore Holdings's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Apr. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 2.86% mean?
Safestore Holdings (MEX:SAFEN) has a Return-on-Tangible-Equity of 2.86% as of Apr. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Safestore Holdings and its competitors. This is 83% below median its historical median of 17.06. Over the past decade, Safestore Holdings' Return-on-Tangible-Equity has ranged from 2.86 to 31.69. According to the industry distribution chart, Safestore Holdings ranks #649 out of 932 companies in the REITs industry, placing it in the top 69.6%.
Is Safestore Holdings' Return-on-Tangible-Equity too high?
Safestore Holdings' current Return-on-Tangible-Equity of 2.86% is 83% below median its 10-year median of 17.06. Over the past 10 years, this metric has ranged from a low of 2.86 to a high of 31.69. The REITs industry median Return-on-Tangible-Equity is 6.29. Safestore Holdings' value of 2.86% is 54.5% below this industry median. Based on the distribution chart, Safestore Holdings ranks #649 out of 932 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' Return-on-Tangible-Equity compare to PLD and PSA?
According to the REITs industry distribution chart, Safestore Holdings ranks #649 out of 932 companies for Return-on-Tangible-Equity. This places Safestore Holdings in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.29. Safestore Holdings' value of 2.86% is 54.5% below this benchmark. Historically, Safestore Holdings' own Return-on-Tangible-Equity has ranged from 2.86 to 31.69 over the past decade. While the company's 10-year median is 17.06 vs. the industry median of 6.29, 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 Return-on-Tangible-Equity for a REITs company?
The median Return-on-Tangible-Equity among REITs companies is 6.29, based on 932 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Safestore Holdings's current Return-on-Tangible-Equity of 2.86% is 54.5% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Safestore Holdings and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Safestore Holdings's current Return-on-Tangible-Equity is 2.86%, which is 83% below median its own 10-year median of 17.06. 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 Return-on-Tangible-Equity of 2.86%. 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 Return-on-Tangible-Equity is 2.86%, which is 83% below median its 10-year median of 17.06 and 54.5% below the REITs industry median of 6.29. 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 Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Safestore Holdings (MEX:SAFEN), the current Return-on-Tangible-Equity is 2.86% 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:
Return-on-Tangible-Equity: 2.86% (83% below median its 10-year median of 17.06)
GF Value™: MXN285.97 vs. price of MXN221.20 (22.6% below fair value)
Industry Position: 54.5% below the REITs median (#649 of 932)
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
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