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
Safestore Holdings plc (SFSHF) - Net Assets
Latest net assets as of October 2025: $2.29 Billion USD
Based on the latest financial reports, Safestore Holdings plc (SFSHF) has net assets worth $2.29 Billion USD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.59 Billion) and total liabilities ($1.30 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.29 Billion |
| % of Total Assets | 63.73% |
| Annual Growth Rate | 17.59% |
| 5-Year Change | 66.56% |
| 10-Year Change | 289.86% |
| Growth Volatility | 20.65 |
Safestore Holdings plc - Net Assets Trend (2005–2025)
This chart illustrates how Safestore Holdings plc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Safestore Holdings plc (2005–2025)
The table below shows the annual net assets of Safestore Holdings plc from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-10-31 | $2.29 Billion | +2.84% |
| 2024-10-31 | $2.23 Billion | +15.07% |
| 2023-10-31 | $1.94 Billion | +7.90% |
| 2022-10-31 | $1.79 Billion | +30.44% |
| 2021-10-31 | $1.37 Billion | +32.76% |
| 2020-10-31 | $1.04 Billion | +16.90% |
| 2019-10-31 | $885.90 Million | +12.34% |
| 2018-10-31 | $788.60 Million | +23.66% |
| 2017-10-31 | $637.70 Million | +8.56% |
| 2016-10-31 | $587.40 Million | +19.73% |
| 2015-10-31 | $490.60 Million | +20.25% |
| 2014-10-31 | $408.00 Million | +17.95% |
| 2013-10-31 | $345.90 Million | +42.12% |
| 2012-10-31 | $243.38 Million | -11.55% |
| 2011-10-31 | $275.16 Million | +1.84% |
| 2010-10-31 | $270.19 Million | +8.69% |
| 2009-10-31 | $248.59 Million | -2.83% |
| 2008-10-31 | $255.83 Million | +3.18% |
| 2007-10-31 | $247.94 Million | +81.62% |
| 2006-10-31 | $136.52 Million | +52.31% |
| 2005-10-31 | $89.63 Million | -- |
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 2359.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (October 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.21 Billion | 96.61% |
| Common Stock | $2.20 Million | 0.10% |
| Other Comprehensive Income | $12.71 Million | 0.55% |
| Other Components | $62.74 Million | 2.74% |
| Total Equity | $2.29 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 |
|---|---|
|
Songcheng Performance Develop
SHE:300144
|
$1.61 Billion |
|
Jointown Pharmaceutical Group Co Ltd
SHG:600998
|
$1.61 Billion |
|
Allied Gold Corporation
NYSE:AAUC
|
$1.61 Billion |
|
EZAKI GLICO
F:5EJ
|
$1.61 Billion |
|
Intershop Holding AG
SW:ISN
|
$1.61 Billion |
|
GRAIL, LLC
NASDAQ:GRAL
|
$1.61 Billion |
|
Titan Cement International S.A.
PINK:TTCIF
|
$1.61 Billion |
|
Yamada Holdings Co. Ltd
PINK:YMDAF
|
$1.61 Billion |
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 2,290,029,784, a change of 63,229,784 (2.8%).
- Net income of 111,179,124 contributed positively to equity growth.
- Dividend payments of 66,647,431 reduced retained earnings.
- Other comprehensive income increased equity by 15,109,043.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $111.18 Million | +4.85% |
| Dividends Paid | $66.65 Million | -2.91% |
| Other Comprehensive Income | $15.11 Million | +0.66% |
| Other Changes | $3.59 Million | +0.16% |
| Total Change | $- | 2.84% |
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: 0.94x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 15.62x to 0.94x 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 | $0.48 | $7.49 | x |
| 2006-10-31 | $0.73 | $7.49 | x |
| 2007-10-31 | $1.36 | $7.49 | x |
| 2008-10-31 | $1.37 | $7.49 | x |
| 2009-10-31 | $1.33 | $7.49 | x |
| 2010-10-31 | $1.42 | $7.49 | x |
| 2011-10-31 | $1.46 | $7.49 | x |
| 2012-10-31 | $1.29 | $7.49 | x |
| 2013-10-31 | $1.83 | $7.49 | x |
| 2014-10-31 | $2.00 | $7.49 | x |
| 2015-10-31 | $2.35 | $7.49 | x |
| 2016-10-31 | $2.80 | $7.49 | x |
| 2017-10-31 | $3.03 | $7.49 | x |
| 2018-10-31 | $3.75 | $7.49 | x |
| 2019-10-31 | $4.20 | $7.49 | x |
| 2020-10-31 | $4.89 | $7.49 | x |
| 2021-10-31 | $6.35 | $7.49 | x |
| 2022-10-31 | $8.23 | $7.49 | x |
| 2023-10-31 | $8.87 | $7.49 | x |
| 2024-10-31 | $10.15 | $7.49 | x |
| 2025-10-31 | $7.93 | $7.49 | 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 | $69.62 Million |
| 2006 | 33.06% | 70.18% | 0.11x | 4.16x | $31.49 Million |
| 2007 | 31.53% | 105.22% | 0.10x | 2.92x | $53.39 Million |
| 2008 | 4.89% | 15.10% | 0.11x | 3.04x | $-13.07 Million |
| 2009 | -0.11% | -0.31% | 0.11x | 3.16x | $-25.12 Million |
| 2010 | 9.75% | 29.52% | 0.11x | 3.02x | $-678.90K |
| 2011 | 4.73% | 13.71% | 0.11x | 3.03x | $-14.49 Million |
| 2012 | -3.20% | -7.88% | 0.12x | 3.26x | $-32.13 Million |
| 2013 | 31.37% | 112.90% | 0.12x | 2.40x | $73.91 Million |
| 2014 | 11.47% | 47.80% | 0.12x | 1.97x | $6.00 Million |
| 2015 | 22.16% | 103.72% | 0.12x | 1.77x | $59.64 Million |
| 2016 | 14.88% | 75.74% | 0.11x | 1.82x | $28.66 Million |
| 2017 | 12.28% | 60.28% | 0.11x | 1.81x | $14.53 Million |
| 2018 | 22.47% | 123.14% | 0.11x | 1.67x | $98.34 Million |
| 2019 | 14.91% | 87.02% | 0.10x | 1.66x | $43.51 Million |
| 2020 | 17.19% | 109.67% | 0.10x | 1.64x | $74.44 Million |
| 2021 | 27.78% | 204.50% | 0.09x | 1.54x | $244.51 Million |
| 2022 | 25.81% | 217.84% | 0.08x | 1.51x | $283.56 Million |
| 2023 | 10.35% | 89.30% | 0.08x | 1.53x | $6.69 Million |
| 2024 | 16.72% | 166.58% | 0.07x | 1.51x | $149.62 Million |
| 2025 | 4.85% | 47.42% | 0.07x | 1.57x | $-117.82 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: $9,223,705,800
- Average return on equity (ROE) among peers: 6.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Safestore Holdings plc (SFSHF) | $2.29 Billion | 87.67% | 0.57x | $1.61 Billion |
| Ascendas Real Estate Investment Trust (ACDSF) | $10.27 Billion | 7.41% | 0.74x | $9.40 Billion |
| BWP Trust (BUNNF) | $986.32 Million | 8.26% | 0.26x | $1.54 Billion |
| Big Yellow Group Plc (BYLOF) | $58.39 Million | 1.11% | 1.38x | $2.16 Billion |
| Fibra Terrafina (CBAOF) | $36.60 Billion | 18.57% | 0.50x | $1.16 Billion |
| ESR-REIT (CGIUF) | $1.63 Billion | -14.26% | 0.87x | $119.59 Million |
| Americold Realty Trust (COLD) | $1.83 Billion | 2.63% | 1.28x | $3.22 Billion |
| CubeSmart (CUBE) | $2.95 Billion | 13.24% | 1.16x | $8.64 Billion |
| FIBRA Macquarie México (DBMBF) | $36.33 Billion | 10.92% | 0.46x | $1.13 Billion |
| DHAWF (DHAWF) | $589.00 Million | 0.00% | 1.00x | $146.66 Million |
| Dream Industrial Real Estate Investment Trust (DREUF) | $989.33 Million | 15.92% | 1.18x | $2.10 Billion |