Safestore Holdings Plc (SAFE) - Net Assets
Based on the latest financial reports, Safestore Holdings Plc (SAFE) has net assets worth GBX2.29 Billion GBX (≈ $278.43K USD) as of October 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX3.59 Billion ≈ $436.92K USD) and total liabilities (GBX1.30 Billion ≈ $158.49K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how resilient are Safestore Holdings Plc's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX2.29 Billion |
| % of Total Assets | 63.73% |
| Annual Growth Rate | 17.76% |
| 5-Year Change | 66.44% |
| 10-Year Change | 289.58% |
| Growth Volatility | 32.11 |
Safestore Holdings Plc - Net Assets Trend (2000–2025)
This chart illustrates how Safestore Holdings Plc's net assets have evolved over time, based on quarterly financial data. Also explore SAFE total asset value for the complete picture of this company's asset base.
Annual Net Assets for Safestore Holdings Plc (2000–2025)
The table below shows the annual net assets of Safestore Holdings Plc from 2000 to 2025. For live valuation and market cap data, see market value of Safestore Holdings Plc.
| Year | Net Assets | Change |
|---|---|---|
| 2025-10-31 | GBX2.29 Billion ≈ $278.43K |
+2.77% |
| 2024-10-31 | GBX2.23 Billion ≈ $270.94K |
+15.07% |
| 2023-10-31 | GBX1.94 Billion ≈ $235.45K |
+7.90% |
| 2022-10-31 | GBX1.79 Billion ≈ $218.20K |
+30.44% |
| 2021-10-31 | GBX1.37 Billion ≈ $167.29K |
+32.76% |
| 2020-10-31 | GBX1.04 Billion ≈ $126.00K |
+16.90% |
| 2019-10-31 | GBX885.90 Million ≈ $107.79K |
+12.34% |
| 2018-10-31 | GBX788.60 Million ≈ $95.95K |
+23.66% |
| 2017-10-31 | GBX637.70 Million ≈ $77.59K |
+8.56% |
| 2016-10-31 | GBX587.40 Million ≈ $71.47K |
+19.73% |
| 2015-10-31 | GBX490.60 Million ≈ $59.69K |
+20.25% |
| 2014-10-31 | GBX408.00 Million ≈ $49.64K |
+17.95% |
| 2013-10-31 | GBX345.90 Million ≈ $42.09K |
+42.12% |
| 2012-10-31 | GBX243.38 Million ≈ $29.61K |
-11.55% |
| 2011-10-31 | GBX275.16 Million ≈ $33.48K |
+1.84% |
| 2010-10-31 | GBX270.19 Million ≈ $32.87K |
+8.69% |
| 2009-10-31 | GBX248.59 Million ≈ $30.25K |
-2.83% |
| 2008-10-31 | GBX255.83 Million ≈ $31.13K |
+3.18% |
| 2007-10-31 | GBX247.94 Million ≈ $30.17K |
+81.62% |
| 2006-10-31 | GBX136.52 Million ≈ $16.61K |
+52.31% |
| 2005-10-31 | GBX89.63 Million ≈ $10.91K |
+2081.74% |
| 2004-10-31 | GBX-4.52 Million ≈ $-550.32 |
-192.75% |
| 2003-10-31 | GBX-1.54 Million ≈ $-187.98 |
-104.47% |
| 2002-10-31 | GBX34.54 Million ≈ $4.20K |
-5.13% |
| 2001-10-31 | GBX36.41 Million ≈ $4.43K |
-5.20% |
| 2000-10-31 | GBX38.41 Million ≈ $4.67K |
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Equity Component Analysis
This analysis shows how different components contribute to Safestore Holdings Plc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 221080000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (October 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX2.21 Billion | 96.61% |
| Common Stock | GBX2.20 Million | 0.10% |
| Other Comprehensive Income | GBX12.70 Million | 0.55% |
| Other Components | GBX62.70 Million | 2.74% |
| Total Equity | GBX2.29 Billion | 100.00% |
Safestore Holdings Plc Competitors by Market Cap
The table below lists competitors of Safestore Holdings Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
OPTIMI HEALTH CORP.
F:8BN
|
$17.99 Million |
|
Trust Finance Indonesia Tbk
JK:TRUS
|
$18.00 Million |
|
Superhouse Limited
NSE:SUPERHOUSE
|
$18.01 Million |
|
Salee Industry Public Company Limited
BK:SALEE
|
$18.01 Million |
|
Rackla Metals Inc
V:RAK
|
$17.98 Million |
|
Trailblazer Merger Corporation I Class A Common Stock
NASDAQ:TBMC
|
$17.96 Million |
|
GIIB Holdings Bhd
KLSE:7192
|
$17.96 Million |
|
Tashin Holdings Bhd
KLSE:0211
|
$17.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Safestore Holdings Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,226,800,000 to 2,288,400,000, a change of 61,600,000 (2.8%).
- Net income of 111,100,000 contributed positively to equity growth.
- Dividend payments of 66,599,999 reduced retained earnings.
- Other comprehensive income increased equity by 15,100,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX111.10 Million | +4.85% |
| Dividends Paid | GBX66.60 Million | -2.91% |
| Other Comprehensive Income | GBX15.10 Million | +0.66% |
| Other Changes | GBX2.00 Million | +0.09% |
| Total Change | GBX- | 2.77% |
Book Value vs Market Value Analysis
This analysis compares Safestore Holdings Plc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 64.95x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 1411.98x to 64.95x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-10-31 | GBX0.48 | GBX676.50 | x |
| 2006-10-31 | GBX0.73 | GBX676.50 | x |
| 2007-10-31 | GBX1.36 | GBX676.50 | x |
| 2008-10-31 | GBX1.37 | GBX676.50 | x |
| 2009-10-31 | GBX1.33 | GBX676.50 | x |
| 2010-10-31 | GBX1.42 | GBX676.50 | x |
| 2011-10-31 | GBX1.46 | GBX676.50 | x |
| 2012-10-31 | GBX1.29 | GBX676.50 | x |
| 2013-10-31 | GBX1.83 | GBX676.50 | x |
| 2014-10-31 | GBX2.00 | GBX676.50 | x |
| 2015-10-31 | GBX2.35 | GBX676.50 | x |
| 2016-10-31 | GBX2.80 | GBX676.50 | x |
| 2017-10-31 | GBX3.03 | GBX676.50 | x |
| 2018-10-31 | GBX3.75 | GBX676.50 | x |
| 2019-10-31 | GBX4.20 | GBX676.50 | x |
| 2020-10-31 | GBX4.89 | GBX676.50 | x |
| 2021-10-31 | GBX6.35 | GBX676.50 | x |
| 2022-10-31 | GBX8.23 | GBX676.50 | x |
| 2023-10-31 | GBX8.87 | GBX676.50 | x |
| 2024-10-31 | GBX10.15 | GBX676.50 | x |
| 2025-10-31 | GBX10.42 | GBX676.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Safestore Holdings Plc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.85%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 47.42%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.57x
- Recent ROE (4.85%) is below the historical average (19.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 87.67% | 148.47% | 0.11x | 5.38x | GBX69.62 Million |
| 2006 | 33.06% | 70.18% | 0.11x | 4.16x | GBX31.49 Million |
| 2007 | 31.53% | 105.22% | 0.10x | 2.92x | GBX53.39 Million |
| 2008 | 4.89% | 15.10% | 0.11x | 3.04x | GBX-13.07 Million |
| 2009 | -0.11% | -0.31% | 0.11x | 3.16x | GBX-25.12 Million |
| 2010 | 9.75% | 29.52% | 0.11x | 3.02x | GBX-678.90K |
| 2011 | 4.73% | 13.71% | 0.11x | 3.03x | GBX-14.49 Million |
| 2012 | -3.20% | -7.88% | 0.12x | 3.26x | GBX-32.13 Million |
| 2013 | 31.37% | 112.90% | 0.12x | 2.40x | GBX73.91 Million |
| 2014 | 11.47% | 47.80% | 0.12x | 1.97x | GBX6.00 Million |
| 2015 | 22.16% | 103.72% | 0.12x | 1.77x | GBX59.64 Million |
| 2016 | 14.88% | 75.74% | 0.11x | 1.82x | GBX28.66 Million |
| 2017 | 12.28% | 60.28% | 0.11x | 1.81x | GBX14.53 Million |
| 2018 | 22.47% | 123.14% | 0.11x | 1.67x | GBX98.34 Million |
| 2019 | 14.91% | 87.02% | 0.10x | 1.66x | GBX43.51 Million |
| 2020 | 17.19% | 109.67% | 0.10x | 1.64x | GBX74.44 Million |
| 2021 | 27.78% | 204.50% | 0.09x | 1.54x | GBX244.51 Million |
| 2022 | 25.81% | 217.84% | 0.08x | 1.51x | GBX283.56 Million |
| 2023 | 10.35% | 89.30% | 0.08x | 1.53x | GBX6.69 Million |
| 2024 | 16.72% | 166.58% | 0.07x | 1.51x | GBX149.62 Million |
| 2025 | 4.85% | 47.42% | 0.07x | 1.57x | GBX-117.74 Million |
Industry Comparison
This section compares Safestore Holdings Plc's net assets metrics with peer companies in the REIT - Industrial industry.
Industry Context
- Industry: REIT - Industrial
- Average net assets among peers: $1,750,702,400
- Average return on equity (ROE) among peers: 13.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Safestore Holdings Plc (SAFE) | GBX2.29 Billion | 87.67% | 0.57x | $17.98 Million |
| Tritax Big Box REIT plc (BBOX) | $841.10 Million | 15.93% | 0.49x | $49.51 Million |
| Big Yellow Group PLC (BYG) | $159.17 Million | 18.94% | 1.25x | $21.48 Million |
| LondonMetric Property Plc (LMP) | $1.01 Billion | 6.26% | 0.53x | $54.03 Million |
| Segro Plc (SGRO) | $6.56 Billion | 16.19% | 0.40x | $114.78 Million |
| Warehouse REIT plc (WHR) | $182.33 Million | 12.49% | 0.76x | $5.84 Million |
About Safestore Holdings Plc
Safestore is the UK's largest self-storage group with 210 stores on 31 July 2025; comprising 139 in the UK (including 78 in London and the South East with the remainder in key metropolitan areas such as Manchester, Birmingham, Glasgow, Edinburgh, Liverpool, Sheffield, Leeds, Newcastle, and Bristol), 32 in the Paris region, 16 in Spain, 16 in the Netherlands and seven in Belgium. In addition, the … Read more