SAFRAN SA (SAF.PA) Stock Fundamental Analysis

Europe • Euronext Paris • EPA:SAF • FR0000073272

302.5 EUR
+1.8 (+0.6%)
Last: Feb 5, 2026, 07:00 PM
Fundamental Rating

6

Taking everything into account, SAF scores 6 out of 10 in our fundamental rating. SAF was compared to 53 industry peers in the Aerospace & Defense industry. While SAF has a great profitability rating, there are some minor concerns on its financial health. SAF has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

8

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.
  • The reported net income has been mixed in the past 5 years: SAF reported negative net income in multiple years.
  • In the past 5 years SAF always reported a positive cash flow from operatings.
SAF.PA Yearly Net Income VS EBIT VS OCF VS FCFSAF.PA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B -2B 4B

1.2 Ratios

  • With an excellent Return On Assets value of 7.70%, SAF belongs to the best of the industry, outperforming 83.02% of the companies in the same industry.
  • With an excellent Return On Equity value of 32.68%, SAF belongs to the best of the industry, outperforming 84.91% of the companies in the same industry.
  • With an excellent Return On Invested Capital value of 17.52%, SAF belongs to the best of the industry, outperforming 92.45% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for SAF is above the industry average of 9.60%.
  • The 3 year average ROIC (12.75%) for SAF is below the current ROIC(17.52%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 7.7%
ROE 32.68%
ROIC 17.52%
ROA(3y)0.12%
ROA(5y)0.27%
ROE(3y)-0.14%
ROE(5y)0.55%
ROIC(3y)12.75%
ROIC(5y)9.35%
SAF.PA Yearly ROA, ROE, ROICSAF.PA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40

1.3 Margins

  • SAF's Profit Margin of 14.71% is amongst the best of the industry. SAF outperforms 84.91% of its industry peers.
  • SAF has a Operating Margin of 15.95%. This is amongst the best in the industry. SAF outperforms 83.02% of its industry peers.
  • SAF's Operating Margin has been stable in the last couple of years.
  • SAF has a Gross Margin of 48.81%. This is in the better half of the industry: SAF outperforms 77.36% of its industry peers.
  • SAF's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 15.95%
PM (TTM) 14.71%
GM 48.81%
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%
SAF.PA Yearly Profit, Operating, Gross MarginsSAF.PA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

6

2. Health

2.1 Basic Checks

  • SAF has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
  • Compared to 1 year ago, SAF has more shares outstanding
  • 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.
SAF.PA Yearly Shares OutstandingSAF.PA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M
SAF.PA Yearly Total Debt VS Total AssetsSAF.PA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 10B 20B 30B 40B 50B

2.2 Solvency

  • SAF has an Altman-Z score of 2.79. This is not the best score and indicates that SAF is in the grey zone with still only limited risk for bankruptcy at the moment.
  • The Altman-Z score of SAF (2.79) is comparable to the rest of the industry.
  • The Debt to FCF ratio of SAF is 1.37, which is an excellent value as it means it would take SAF, only 1.37 years of fcf income to pay off all of its debts.
  • SAF has a Debt to FCF ratio of 1.37. This is amongst the best in the industry. SAF outperforms 92.45% of its industry peers.
  • A Debt/Equity ratio of 0.29 indicates that SAF is not too dependend on debt financing.
  • The Debt to Equity ratio of SAF (0.29) is better than 66.04% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.29
Debt/FCF 1.37
Altman-Z 2.79
ROIC/WACC1.88
WACC9.34%
SAF.PA Yearly LT Debt VS Equity VS FCFSAF.PA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B 10B

2.3 Liquidity

  • SAF has a Current Ratio of 0.93. 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 0.93 is on the low side compared to the rest of the industry. SAF is outperformed by 88.68% of its industry peers.
  • SAF has a Quick Ratio of 0.93. This is a bad value and indicates that SAF is not financially healthy enough and could expect problems in meeting its short term obligations.
  • Looking at the Quick ratio, with a value of 0.66, SAF is doing worse than 67.92% of the companies in the same industry.
  • SAF does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
Industry RankSector Rank
Current Ratio 0.93
Quick Ratio 0.66
SAF.PA Yearly Current Assets VS Current LiabilitesSAF.PA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 10B 20B 30B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 40.39% over the past year.
  • Measured over the past 5 years, SAF shows a small growth in Earnings Per Share. The EPS has been growing by 3.53% on average per year.
  • SAF shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 14.19%.
  • SAF shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.00% yearly.
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 16.19% on average per year.
  • Based on estimates for the next years, SAF will show a quite strong growth in Revenue. The Revenue will grow by 10.23% on average per year.
EPS Next Y15.18%
EPS Next 2Y20.9%
EPS Next 3Y19.08%
EPS Next 5Y16.19%
Revenue Next Year15.46%
Revenue Next 2Y14.07%
Revenue Next 3Y12.27%
Revenue Next 5Y10.23%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
SAF.PA Yearly Revenue VS EstimatesSAF.PA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 10B 20B 30B 40B
SAF.PA Yearly EPS VS EstimatesSAF.PA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 5 10 15 20 25

More info and screens

Find the best growth stocksShow best growing peers

4

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 38.68, which means the current valuation is very expensive for SAF.
  • Based on the Price/Earnings ratio, SAF is valued a bit cheaper than the industry average as 66.04% of the companies are valued more expensively.
  • SAF's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.67.
  • A Price/Forward Earnings ratio of 28.39 indicates a quite expensive valuation of SAF.
  • The rest of the industry has a similar Price/Forward Earnings ratio as SAF.
  • SAF's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.20.
Industry RankSector Rank
PE 38.68
Fwd PE 28.39
SAF.PA Price Earnings VS Forward Price EarningsSAF.PA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as SAF.
  • Based on the Price/Free Cash Flow ratio, SAF is valued a bit cheaper than 69.81% of the companies in the same industry.
Industry RankSector Rank
P/FCF 34.25
EV/EBITDA 21.34
SAF.PA Per share dataSAF.PA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • The excellent profitability rating of SAF may justify a higher PE ratio.
  • SAF's earnings are expected to grow with 19.08% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.55
PEG (5Y)10.97
EPS Next 2Y20.9%
EPS Next 3Y19.08%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

4

5. Dividend

5.1 Amount

  • SAF has a yearly dividend return of 0.97%, which is pretty low.
  • SAF's Dividend Yield is a higher than the industry average which is at 0.71.
  • Compared to an average S&P500 Dividend Yield of 1.82, SAF's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.97%

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
SAF.PA Yearly Dividends per shareSAF.PA Yearly Dividends per shareYearly Dividends per share 2019 2021 2022 2023 2024 2025 0.5 1 1.5 2 2.5

5.3 Sustainability

  • SAF pays out 28.14% of its income as dividend. This is a sustainable payout ratio.
  • The dividend of SAF is growing, but earnings are growing more, so the dividend growth is sustainable.
DP28.14%
EPS Next 2Y20.9%
EPS Next 3Y19.08%
SAF.PA Yearly Income VS Free CF VS DividendSAF.PA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B -2B 4B
SAF.PA Dividend Payout.SAF.PA Dividend Payout, showing the Payout Ratio.SAF.PA Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

SAFRAN SA

EPA:SAF (2/5/2026, 7:00:00 PM)

302.5

+1.8 (+0.6%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)10-24
Earnings (Next)02-13
Inst Owners44.49%
Inst Owner ChangeN/A
Ins Owners0.02%
Ins Owner ChangeN/A
Market Cap128.15B
Revenue(TTM)29.38B
Net Income(TTM)4.32B
Analysts79.2
Price Target343.67 (13.61%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.97%
Yearly Dividend2.19
Dividend Growth(5Y)3.72%
DP28.14%
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)0.63%
PT rev (3m)8.04%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.06%
EPS NY rev (3m)0.91%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.82%
Valuation
Industry RankSector Rank
PE 38.68
Fwd PE 28.39
P/S 4.36
P/FCF 34.25
P/OCF 24.96
P/B 9.69
P/tB 238.19
EV/EBITDA 21.34
EPS(TTM)7.82
EY2.59%
EPS(NY)10.66
Fwd EY3.52%
FCF(TTM)8.83
FCFY2.92%
OCF(TTM)12.12
OCFY4.01%
SpS69.35
BVpS31.21
TBVpS1.27
PEG (NY)2.55
PEG (5Y)10.97
Graham Number74.11
Profitability
Industry RankSector Rank
ROA 7.7%
ROE 32.68%
ROCE 25.17%
ROIC 17.52%
ROICexc 17.85%
ROICexgc 51.38%
OM 15.95%
PM (TTM) 14.71%
GM 48.81%
FCFM 12.74%
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%
ROICexgc growth 3YN/A
ROICexgc 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-Score9
Asset Turnover0.52
Health
Industry RankSector Rank
Debt/Equity 0.29
Debt/FCF 1.37
Debt/EBITDA 0.63
Cap/Depr 97.21%
Cap/Sales 4.74%
Interest Coverage 250
Cash Conversion 83.91%
Profit Quality 86.6%
Current Ratio 0.93
Quick Ratio 0.66
Altman-Z 2.79
F-Score9
WACC9.34%
ROIC/WACC1.88
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 Y15.18%
EPS Next 2Y20.9%
EPS Next 3Y19.08%
EPS Next 5Y16.19%
Revenue 1Y (TTM)14.19%
Revenue growth 3Y22.35%
Revenue growth 5Y2%
Sales Q2Q%13.2%
Revenue Next Year15.46%
Revenue Next 2Y14.07%
Revenue Next 3Y12.27%
Revenue Next 5Y10.23%
EBIT growth 1Y27.26%
EBIT growth 3Y51.57%
EBIT growth 5Y2.08%
EBIT Next Year59.68%
EBIT Next 3Y26.68%
EBIT Next 5Y18.94%
FCF growth 1Y42.12%
FCF growth 3Y24.71%
FCF growth 5Y9.69%
OCF growth 1Y45.22%
OCF growth 3Y24.78%
OCF growth 5Y8.52%

SAFRAN SA / SAF.PA FAQ

What is the fundamental rating for SAF stock?

ChartMill assigns a fundamental rating of 6 / 10 to SAF.PA.


What is the valuation status for SAF stock?

ChartMill assigns a valuation rating of 4 / 10 to SAFRAN SA (SAF.PA). This can be considered as Fairly Valued.


Can you provide the profitability details for SAFRAN SA?

SAFRAN SA (SAF.PA) has a profitability rating of 8 / 10.


What is the financial health of SAFRAN SA (SAF.PA) stock?

The financial health rating of SAFRAN SA (SAF.PA) is 6 / 10.


What is the expected EPS growth for SAFRAN SA (SAF.PA) stock?

The Earnings per Share (EPS) of SAFRAN SA (SAF.PA) is expected to grow by 15.18% in the next year.