Safestore Holdings (LSE:SAFE) ROE %: 2.93% (As of Apr. 2026) — 83% Below Median


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

Safestore Holdings LSE:SAFE +1.63% 79 ROE % is 2.93% as of Apr. 2026, which is 83% below its 10-year median of 17.06. GuruFocus rates LSE:SAFE with a GF Score™ of 79/100 and a GF Value™ of £8.08 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 933 REITs companies, Safestore Holdings ranks worse than 69.24% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Safestore Holdings's annualized net income for the quarter that ended in Apr. 2026 was £66.8 Mil. Safestore Holdings's average Total Stockholders Equity over the quarter that ended in Apr. 2026 was £2,281.0 Mil. Therefore, Safestore Holdings's annualized ROE % for the quarter that ended in Apr. 2026 was 2.93%.

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

LSE:SAFE' s ROE % 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 ROE % was 31.69%. The lowest was 2.86%. And the median was 17.06%.

LSE:SAFE's ROE % is ranked worse than
69.24% of 933 companies
in the REITs industry
Industry Median: 6.15 vs LSE:SAFE: 2.86

Safestore Holdings  (LSE:SAFE) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Apr. 2026 )
=Net Income/Total Stockholders Equity
=66.8/2281
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(66.8 / 241.2)*(241.2 / 3605.85)*(3605.85 / 2281)
=Net Margin %*Asset Turnover*Equity Multiplier
=27.69 %*0.0669*1.5808
=ROA %*Equity Multiplier
=1.85 %*1.5808
=2.93 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Apr. 2026 )
=Net Income/Total Stockholders Equity
=66.8/2281
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (66.8 / 72.6) * (72.6 / 127) * (127 / 241.2) * (241.2 / 3605.85) * (3605.85 / 2281)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9201 * 0.5717 * 52.65 % * 0.0669 * 1.5808
=2.93 %

Note: The net income data used here is two times the semi-annual (Apr. 2026) net income data. The Revenue data used here is two times the semi-annual (Apr. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Safestore Holdings ROE % Related Terms


Safestore Holdings ROE % Historical Data

* Premium members only.

The historical data trend for Safestore Holdings's ROE % 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 ROE % Chart

Safestore Holdings Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.69 29.22 10.74 17.89 4.92

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
ROE % 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 15.77 20.20 7.06 2.79 2.93

LSE:SAFE vs PLD, PSA, EXR: ROE % Comparison

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

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

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


LSE:SAFE
79GF Score
Safestore Holdings PLC LSE:SAFE
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Safestore Holdings ROE % Calculation

Safestore Holdings's annualized ROE % for the fiscal year that ended in Oct. 2025 is calculated as

ROE %=Net Income (A: Oct. 2025 )/( (Total Stockholders Equity (A: Oct. 2024 )+Total Stockholders Equity (A: Oct. 2025 ))/ count )
=111.1/( (2226.8+2288.4)/ 2 )
=111.1/2257.6
=4.92 %

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

ROE %=Net Income (Q: Apr. 2026 )/( (Total Stockholders Equity (Q: Oct. 2025 )+Total Stockholders Equity (Q: Apr. 2026 ))/ count )
=66.8/( (2288.4+2273.6)/ 2 )
=66.8/2281
=2.93 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder 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. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 2.93% mean?
Safestore Holdings (LSE:SAFE) has a ROE % of 2.93% as of Apr. 2026. Return on equity is the ratio of current-period net income to average two-period total 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' ROE % has ranged from 2.86 to 31.69. According to the industry distribution chart, Safestore Holdings ranks #646 out of 933 companies in the REITs industry, placing it in the top 69.2%.
Is Safestore Holdings' ROE % too high?
Safestore Holdings' current ROE % of 2.93% 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 ROE % is 6.15. Safestore Holdings' value of 2.93% is 52.4% below this industry median. Based on the distribution chart, Safestore Holdings ranks #646 out of 933 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' ROE % compare to PLD and PSA?
According to the REITs industry distribution chart, Safestore Holdings ranks #646 out of 933 companies for ROE %. This places Safestore Holdings in the lower half of its industry. The industry median ROE % is 6.15. Safestore Holdings' value of 2.93% is 52.4% below this benchmark. Historically, Safestore Holdings' own ROE % 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 6.15, 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 ROE % for a REITs company?
The median ROE % among REITs companies is 6.15, based on 933 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Safestore Holdings's current ROE % of 2.93% is 52.4% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Safestore Holdings and its competitors. For the REITs industry, the median ROE % is 6.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Safestore Holdings's current ROE % is 2.93%, 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?
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 ROE % is 2.93%, which is 83% below median its 10-year median of 17.06 and 52.4% below the REITs industry median of 6.15. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Safestore Holdings (LSE:SAFE), the current ROE % is 2.93% 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:

  • ROE %: 2.93% (83% below median its 10-year median of 17.06)
  • GF Value™: £8.08 vs. price of £6.25 (22.6% below fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 52.4% below the REITs median (#646 of 933)

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

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

£6.25
Price
£8.08
GF Value