Safestore Holdings (SAFE)

Sector:

Real Estate

Index:

FTSE 250

731.50p
   
  • Change Today:
    -15.00p
  • 52 Week High: 921.00p
  • 52 Week Low: 727.00p
  • Currency: UK Pounds
  • Shares Issued: 218.49m
  • Volume: 858,895
  • Market Cap: £1,598.26m
  • RiskGrade: 111
  • Beta: 0.73

Dividend Data

  31-Oct-2331-Oct-2231-Oct-2131-Oct-2031-Oct-19
Interim Dividend9.90p9.40p7.50p5.90p5.50p
Final Dividend20.20p20.40p17.60p12.70p12.00p
Total Dividend30.10p29.80p25.10p18.60p17.50p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Oct-23 31-Oct-22 31-Oct-21 31-Oct-20 31-Oct-19
Continuing Operations          
Revenue 224.20 212.50 186.80 162.30 151.80
Operating Profit/(Loss) 230.40 514.50 417.00 212.20 163.70
Net Interest (22.60) (15.70) (12.40) (14.30) (16.40)
Profit Before Tax 207.80 498.80 404.60 197.90 147.30
Profit After Tax 200.20 462.90 382.00 178.00 132.10
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 200.20 462.90 382.00 178.00 132.10
Attributable to:          
Equity Holders of Parent Company 200.20 462.90 382.00 178.00 132.10
Minority Interests n/a n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic 92.20p 219.50p 1.83p 84.60p 62.80p
Earnings per Share - Diluted 91.80p 212.40p 1.78p 84.00p 62.60p
Earnings per Share - Adjusted 50.30p 47.50p 0.34p 28.10p 26.60p
Continuing and Discontinued EPS          
Earnings per Share - Basic 92.20p 219.50p 1.83p 84.60p 62.80p
Earnings per Share - Diluted 91.80p 212.40p 1.78p 84.00p 62.60p
Earnings per Share - Adjusted 50.30p 57.50p 0.34p 28.10p 26.60p
           
Dividend per Share 30.10p 29.80p 0.25p 18.60p 17.50p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Oct-23 31-Oct-22 31-Oct-21 31-Oct-20 31-Oct-19
Assets          
Non-Current Assets          
Property, Plant & Equipment 5.20 3.40 3.20 3.20 2.40
Intangible Assets n/a n/a n/a n/a n/a
Investment Properties 2,890.90 2,647.40 2,031.30 1,571.50 1,345.70
Investments 4.10 1.80 7.20 n/a 2.80
Other Financial Assets n/a n/a 0.90 n/a n/a
Other Non-Current Assets 6.60 0.80 0.80 82.90 64.00
  2,906.80 2,653.40 2,043.40 1,657.60 1,414.90
Current Assets          
Inventories 0.40 0.30 0.50 0.30 0.30
Trade & Other Receivables 32.70 31.20 28.90 23.20 22.60
Cash at Bank & in Hand 16.90 20.90 43.20 19.60 33.20
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets 0.10 1.70 1.30 0.40 n/a
  50.10 54.10 73.90 43.50 56.10
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 2,956.90 2,707.50 2,117.30 1,701.10 1,471.00
           
Liabilities          
Current Liabilities          
Borrowings 57.60 114.90 12.30 12.30 9.70
Other Current Liabilities 52.80 63.50 76.30 47.40 43.30
  110.40 178.40 88.60 59.70 53.00
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 769.60 604.30 554.70 519.40 466.80
Provisions 141.80 131.40 99.10 85.00 64.70
Other Non-Current Liabilities n/a n/a n/a 1.40 0.60
  911.40 735.70 653.80 605.80 532.10
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 1,021.80 914.10 742.40 665.50 585.10
           
Net Assets 1,935.10 1,793.40 1,374.90 1,035.60 885.90
           
Capital & Reserves          
Share Capital 2.20 2.10 2.10 2.10 2.10
Share Premium Account 62.00 61.80 61.30 60.60 60.60
Other Reserves 12.70 8.50 5.10 14.50 9.80
Retained Earnings 1,858.20 1,721.00 1,306.40 958.40 813.40
Shareholders Funds 1,935.10 1,793.40 1,374.90 1,035.60 885.90
           
Minority Interests/Other Equity n/a n/a n/a n/a n/a
Total Equity 1,935.10 1,793.40 1,374.90 1,035.60 885.90
Cash Flow 31-Oct-23 31-Oct-22 31-Oct-21 31-Oct-20 31-Oct-19
Net Cash Flow From Operating Activities 98.00 109.80 97.00 75.70 66.60
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities (124.20) (200.90) (66.20) (77.60) (49.90)
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities 22.30 69.00 (6.30) (12.00) 6.50
Net Increase/Decrease In Cash (3.90) (22.10) 24.50 (13.90) 23.20
Ratios - based on IFRS 31-Oct-23 31-Oct-22 31-Oct-21 31-Oct-20 31-Oct-19
Continuing Operations          
PE Ratio - Adjusted 13.6 19.0 3,576.0 28.6 26.3
PEG - Adjusted 2.3 0.0 n/a 4.8 4.4
Earnings per Share Growth - Adjusted 6% 14,031% -99% 6% 6%
Dividend Cover 1.67 1.59 1.33 1.51 1.52
Revenue per Share 103.22p 100.76p 0.89p 77.14p 72.22p
Pre-Tax Profit per Share 95.67p 236.51p 1.94p 94.06p 70.08p
Operating Margin 102.77% 242.12% 223.23% 130.75% 107.84%
Return on Capital Employed 7.93% 19.46% 0.21% 12.84% 11.47%
Continuing & Discontinued Operations          
PE Ratio - Adjusted 13.6 15.7 354,267.6 28.6 26.3
PEG - Adjusted n/a 0.0 n/a 4.8 4.4
Earnings per Share Growth - Adjusted -12% 1,694,608% -100% 6% 6%
Dividend Cover 1.67 1.93 0.01 1.51 1.52
           
Dividend Yield 4.4% 3.3% 0.0% 2.3% 2.5%
Dividend per Share Growth 1.01% 11,661.92% (98.64%) 6.29% 7.69%
Operating Cash Flow per Share 45.12p 52.06p 0.46p 35.98p 31.68p
Cash Incr/Decr per Share (1.80p) (10.48p) 0.12p (6.61p) 11.04p
Net Asset Value per Share (exc. Intangibles) 890.93p 850.36p 652.23p 492.20p 421.46p
Net Gearing 41.87% 38.94% 38.10% 49.45% 50.04%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Forecast figures based on normalised accounts.

 

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