Risk factor
Negligible price volatility
Profitability factor
Poor growth
About
Safestore, established in the UK in 1998, operates as the United Kingdom's foremost self-storage provider, overseeing a total of 163 facilities. Its significant domestic presence includes 125 wholly owned locations, with a strong concentration of over 70 stores across the London and South East areas, alongside others situated in major metropolitan hubs like Manchester, Birmingham, Glasgow, Edinburgh, Liverpool, and Bristol. Internationally, the company's network extends to 28 fully owned facilities within the greater Paris region, 6 in the Netherlands, and 4 in Barcelona, Spain. A pivotal moment in its expansion was the 2004 acquisition of Une Pièce en Plus, a French storage enterprise founded in 1998 by Frederic Vecchioli, who currently serves as Safestore Group CEO.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITDA, r
Target Price
The average target price of SAFE.L is 797 and suggests 28.4% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc