Safestore HoldingsLSE:SAFE +0.76%79 3-Year ROIIC % is 0.44 as of Oct. 2025, which is 88% below its 10-year median of 3.54. GuruFocus rates LSE:SAFE with a GF Score™ of 79/100 and a GF Value™ of £8.10 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 692 REITs companies, Safestore Holdings ranks worse than 68.35% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Safestore Holdings's 3-Year ROIIC % for the quarter that ended in Oct. 2025 was 0.44%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Safestore Holdings's 3-Year ROIIC % or its related term are showing as below:
LSE:SAFE's 3-Year ROIIC % is ranked worse than 68.35% of 692
companies
in the REITs industry
Industry Median: 3.555
vs LSE:SAFE: 0.44
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Safestore Holdings 3-Year ROIIC % Related Terms
Safestore Holdings 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Safestore Holdings's 3-Year ROIIC % 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.
LSE:SAFE vs PLD, PSA, EXR: 3-Year ROIIC % Comparison
For the REIT - Industrial subindustry, Safestore Holdings's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs REITs Industry
For the REITs industry and Real Estate sector, Safestore Holdings's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Safestore Holdings's 3-Year ROIIC % falls into.
Safestore Holdings's 3-Year ROIIC % for the quarter that ended in Oct. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 117.47904 (Oct. 2025) - 113.5872 (Oct. 2022) )
/
( 3694.6 (Oct. 2025) - 2811.9 (Oct. 2022) )
=
3.89184
/
882.7
=
0.44%***
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Safestore Holdings (LSE:SAFE) has a 3-Year ROIIC % of 0.44 as of Oct. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Safestore Holdings and its competitors. This is 88% below median its historical median of 3.54. Over the past decade, Safestore Holdings' 3-Year ROIIC % has ranged from 0.44 to 7.73. According to the industry distribution chart, Safestore Holdings ranks #473 out of 692 companies in the REITs industry, placing it in the top 68.4%.
Is Safestore Holdings' 3-Year ROIIC % too high?
Safestore Holdings' current 3-Year ROIIC % of 0.44 is 88% below median its 10-year median of 3.54. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 7.73. The REITs industry median 3-Year ROIIC % is 3.56. Safestore Holdings' value of 0.44 is 87.6% below this industry median. Based on the distribution chart, Safestore Holdings ranks #473 out of 692 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' 3-Year ROIIC % compare to PLD and PSA?
According to the REITs industry distribution chart, Safestore Holdings ranks #473 out of 692 companies for 3-Year ROIIC %. This places Safestore Holdings in the lower half of its industry. The industry median 3-Year ROIIC % is 3.56. Safestore Holdings' value of 0.44 is 87.6% below this benchmark. Historically, Safestore Holdings' own 3-Year ROIIC % has ranged from 0.44 to 7.73 over the past decade. While the company's 10-year median is 3.54 vs. the industry median of 3.56, 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 3-Year ROIIC % for a REITs company?
The median 3-Year ROIIC % among REITs companies is 3.56, based on 692 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Safestore Holdings's current 3-Year ROIIC % of 0.44 is 87.6% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Safestore Holdings and its competitors. For the REITs industry, the median 3-Year ROIIC % is 3.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Safestore Holdings's current 3-Year ROIIC % is 0.44, which is 88% below median its own 10-year median of 3.54. 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 £8.10, compared to a current price of £6.00 — trading 25.9% below its estimated fair value. The current 3-Year ROIIC % is 0.44, which is 88% below median its 10-year median of 3.54 and 87.6% below the REITs industry median of 3.56. 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 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Safestore Holdings (LSE:SAFE), the current 3-Year ROIIC % is 0.44 as of Oct. 2025. 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 £6.00 is trading 25.9% below its estimated GF Value™ of £8.10.
GuruFocus considers Safestore Holdings to be Modestly Undervalued.
Key valuation signals for LSE:SAFE:
3-Year ROIIC %: 0.44 (88% below median its 10-year median of 3.54)
GF Value™: £8.10 vs. price of £6.00 (25.9% below fair value)
Industry Position: 87.6% below the REITs median (#473 of 692)
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 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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