SAFRAN SA (SAF.PA) Stock Fundamental Analysis
EPA:SAF - Euronext Paris - Matif - FR0000073272 - Common Stock - Currency: EUR
Overall SAF gets a fundamental rating of 5 out of 10. We evaluated SAF against 46 industry peers in the Aerospace & Defense industry. SAF has an average financial health and profitability rating. While showing a medium growth rate, SAF is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year SAF was profitable.
In the past year SAF had a positive cash flow from operations.
In multiple years SAF reported negative net income over the last 5 years.
SAF had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
SAF's Return On Assets of -1.21% is on the low side compared to the rest of the industry. SAF is outperformed by 78.26% of its industry peers.
With a Return On Equity value of -6.55%, SAF is not doing good in the industry: 78.26% of the companies in the same industry are doing better.
SAF has a Return On Invested Capital of 16.38%. This is amongst the best in the industry. SAF outperforms 95.65% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for SAF is above the industry average of 9.36%.
The last Return On Invested Capital (16.38%) for SAF is above the 3 year average (12.75%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.21% | ||
| ROE | -6.55% | ||
| ROIC | 16.38% |
ROA(3y)0.12%
ROA(5y)0.27%
ROE(3y)-0.14%
ROE(5y)0.55%
ROIC(3y)12.75%
ROIC(5y)9.35%
1.3 Margins
SAF's Operating Margin of 14.48% is amongst the best of the industry. SAF outperforms 84.78% of its industry peers.
In the last couple of years the Operating Margin of SAF has remained more or less at the same level.
SAF's Gross Margin of 47.88% is fine compared to the rest of the industry. SAF outperforms 78.26% of its industry peers.
In the last couple of years the Gross Margin of SAF has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.48% | ||
| PM (TTM) | N/A | ||
| GM | 47.88% |
OM growth 3Y23.88%
OM growth 5Y0.08%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.28%
GM growth 5Y0.81%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so SAF is creating value.
SAF has more shares outstanding than it did 1 year ago.
SAF has less shares outstanding than it did 5 years ago.
The debt/assets ratio for SAF has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.43 indicates that SAF is not a great score, but indicates only limited risk for bankruptcy at the moment.
SAF has a Altman-Z score (2.43) which is in line with its industry peers.
SAF has a debt to FCF ratio of 1.50. This is a very positive value and a sign of high solvency as it would only need 1.50 years to pay back of all of its debts.
The Debt to FCF ratio of SAF (1.50) is better than 91.30% of its industry peers.
SAF has a Debt/Equity ratio of 0.46. This is a healthy value indicating a solid balance between debt and equity.
SAF's Debt to Equity ratio of 0.46 is fine compared to the rest of the industry. SAF outperforms 67.39% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 1.5 | ||
| Altman-Z | 2.43 |
ROIC/WACC2.11
WACC7.77%
2.3 Liquidity
SAF has a Current Ratio of 0.84. This is a bad value and indicates that SAF is not financially healthy enough and could expect problems in meeting its short term obligations.
SAF's Current ratio of 0.84 is on the low side compared to the rest of the industry. SAF is outperformed by 86.96% of its industry peers.
SAF has a Quick Ratio of 0.84. This is a bad value and indicates that SAF is not financially healthy enough and could expect problems in meeting its short term obligations.
SAF's Quick ratio of 0.59 is on the low side compared to the rest of the industry. SAF is outperformed by 69.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.84 | ||
| Quick Ratio | 0.59 |
3. Growth
3.1 Past
SAF shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 40.39%, which is quite impressive.
The Earnings Per Share has been growing slightly by 3.53% on average over the past years.
The Revenue has grown by 14.19% in the past year. This is quite good.
The Revenue has been growing slightly by 2.00% on average over the past years.
EPS 1Y (TTM)40.39%
EPS 3Y61.52%
EPS 5Y3.53%
EPS Q2Q%16.21%
Revenue 1Y (TTM)14.19%
Revenue growth 3Y22.35%
Revenue growth 5Y2%
Sales Q2Q%13.2%
3.2 Future
Based on estimates for the next years, SAF will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.41% on average per year.
SAF is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.09% yearly.
EPS Next Y9.69%
EPS Next 2Y17.96%
EPS Next 3Y16.36%
EPS Next 5Y15.41%
Revenue Next Year13.05%
Revenue Next 2Y12.21%
Revenue Next 3Y10.89%
Revenue Next 5Y9.09%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 37.40, SAF can be considered very expensive at the moment.
63.04% of the companies in the same industry are more expensive than SAF, based on the Price/Earnings ratio.
SAF is valuated rather expensively when we compare the Price/Earnings ratio to 26.86, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 28.84, which means the current valuation is very expensive for SAF.
The rest of the industry has a similar Price/Forward Earnings ratio as SAF.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.94, SAF is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.4 | ||
| Fwd PE | 28.84 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as SAF.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SAF indicates a somewhat cheap valuation: SAF is cheaper than 67.39% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.87 | ||
| EV/EBITDA | 22.15 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates SAF does not grow enough to justify the current Price/Earnings ratio.
SAF's earnings are expected to grow with 16.36% in the coming years. This may justify a more expensive valuation.
PEG (NY)3.86
PEG (5Y)10.61
EPS Next 2Y17.96%
EPS Next 3Y16.36%
5. Dividend
5.1 Amount
SAF has a yearly dividend return of 0.99%, which is pretty low.
Compared to an average industry Dividend Yield of 1.15, SAF pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.99, SAF pays less dividend than the S&P500 average, which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.99% |
5.2 History
The dividend of SAF has a limited annual growth rate of 3.72%.
Dividend Growth(5Y)3.72%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
The earnings of SAF are negative and hence is the payout ratio. SAF will probably not be able to sustain this dividend level.
The dividend of SAF is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-136.58%
EPS Next 2Y17.96%
EPS Next 3Y16.36%
EPA:SAF (8/21/2025, 5:36:15 PM)
292.5
+3.3 (+1.14%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners43.61%
Inst Owner ChangeN/A
Ins Owners0.02%
Ins Owner ChangeN/A
Market Cap123.91B
Analysts77.5
Price Target300.34 (2.68%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.99% |
Yearly Dividend2.19
Dividend Growth(5Y)3.72%
DP-136.58%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)10.34%
PT rev (3m)12.36%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.31%
Revenue NY rev (3m)-0.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.4 | ||
| Fwd PE | 28.84 | ||
| P/S | 4.47 | ||
| P/FCF | 36.87 | ||
| P/OCF | 26.18 | ||
| P/B | 12.18 | ||
| P/tB | N/A | ||
| EV/EBITDA | 22.15 |
EPS(TTM)7.82
EY2.67%
EPS(NY)10.14
Fwd EY3.47%
FCF(TTM)7.93
FCFY2.71%
OCF(TTM)11.17
OCFY3.82%
SpS65.43
BVpS24.02
TBVpS-6.39
PEG (NY)3.86
PEG (5Y)10.61
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.21% | ||
| ROE | -6.55% | ||
| ROCE | 22.84% | ||
| ROIC | 16.38% | ||
| ROICexc | 26.1% | ||
| ROICexgc | N/A | ||
| OM | 14.48% | ||
| PM (TTM) | N/A | ||
| GM | 47.88% | ||
| FCFM | 12.13% |
ROA(3y)0.12%
ROA(5y)0.27%
ROE(3y)-0.14%
ROE(5y)0.55%
ROIC(3y)12.75%
ROIC(5y)9.35%
ROICexc(3y)19.81%
ROICexc(5y)14.03%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)17.77%
ROCE(5y)13.1%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3Y73.61%
ROICexc growth 5Y13.54%
OM growth 3Y23.88%
OM growth 5Y0.08%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.28%
GM growth 5Y0.81%
F-Score6
Asset Turnover0.5
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 1.5 | ||
| Debt/EBITDA | 0.86 | ||
| Cap/Depr | 97.58% | ||
| Cap/Sales | 4.95% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 87.34% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.84 | ||
| Quick Ratio | 0.59 | ||
| Altman-Z | 2.43 |
F-Score6
WACC7.77%
ROIC/WACC2.11
Cap/Depr(3y)80.08%
Cap/Depr(5y)68.41%
Cap/Sales(3y)4.6%
Cap/Sales(5y)4.57%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)40.39%
EPS 3Y61.52%
EPS 5Y3.53%
EPS Q2Q%16.21%
EPS Next Y9.69%
EPS Next 2Y17.96%
EPS Next 3Y16.36%
EPS Next 5Y15.41%
Revenue 1Y (TTM)14.19%
Revenue growth 3Y22.35%
Revenue growth 5Y2%
Sales Q2Q%13.2%
Revenue Next Year13.05%
Revenue Next 2Y12.21%
Revenue Next 3Y10.89%
Revenue Next 5Y9.09%
EBIT growth 1Y22.2%
EBIT growth 3Y51.57%
EBIT growth 5Y2.08%
EBIT Next Year50.82%
EBIT Next 3Y23.45%
EBIT Next 5Y17.53%
FCF growth 1Y7.59%
FCF growth 3Y24.71%
FCF growth 5Y9.69%
OCF growth 1Y10.84%
OCF growth 3Y24.78%
OCF growth 5Y8.52%