SAFRAN SA (SAF.PA) Stock Fundamental Analysis
EPA:SAF - FR0000073272 - Common Stock
285.2 EUR
+4.3 (+1.53%)
SAF gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 41 industry peers in the Aerospace & Defense industry. SAF has only an average score on both its financial health and profitability. 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.
SAF had a positive operating cash flow in the past year.
In multiple years SAF reported negative net income over the last 5 years.
In the past 5 years SAF always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of -1.21%, SAF is not doing good in the industry: 80.49% of the companies in the same industry are doing better.
SAF has a worse Return On Equity (-6.55%) than 80.49% of its industry peers.
The Return On Invested Capital of SAF (16.38%) is better than 95.12% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SAF is above the industry average of 9.46%.
The 3 year average ROIC (12.75%) for SAF is below the current ROIC(16.38%), indicating increased profibility in the last year.
| 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
With an excellent Operating Margin value of 14.48%, SAF belongs to the best of the industry, outperforming 87.80% of the companies in the same industry.
In the last couple of years the Operating Margin of SAF has remained more or less at the same level.
With a decent Gross Margin value of 47.88%, SAF is doing good in the industry, outperforming 73.17% of the companies in the same industry.
SAF's Gross Margin has been stable in the last couple of years.
| 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
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.
SAF has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.38 indicates that SAF is not a great score, but indicates only limited risk for bankruptcy at the moment.
SAF's Altman-Z score of 2.38 is in line compared to the rest of the industry. SAF outperforms 41.46% of its industry peers.
The Debt to FCF ratio of SAF is 1.50, which is an excellent value as it means it would take SAF, only 1.50 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 1.50, SAF belongs to the best of the industry, outperforming 90.24% of the companies in the same industry.
A Debt/Equity ratio of 0.46 indicates that SAF is not too dependend on debt financing.
SAF has a better Debt to Equity ratio (0.46) than 65.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 1.5 | ||
| Altman-Z | 2.38 |
ROIC/WACC2.13
WACC7.68%
2.3 Liquidity
A Current Ratio of 0.84 indicates that SAF may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.84, SAF is doing worse than 85.37% of the companies in the same industry.
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.
The Quick ratio of SAF (0.59) is worse than 65.85% 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.
SAF shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.53% yearly.
The Revenue has grown by 14.19% in the past year. This is quite good.
Measured over the past years, SAF shows a small growth in Revenue. The Revenue has been growing by 2.00% on average per year.
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
The Earnings Per Share is expected to grow by 15.44% on average over the next years. This is quite good.
Based on estimates for the next years, SAF will show a quite strong growth in Revenue. The Revenue will grow by 9.70% on average per year.
EPS Next Y14.79%
EPS Next 2Y19.98%
EPS Next 3Y17.83%
EPS Next 5Y15.44%
Revenue Next Year14.03%
Revenue Next 2Y13.06%
Revenue Next 3Y11.6%
Revenue Next 5Y9.7%
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.
4. Valuation
4.1 Price/Earnings Ratio
SAF is valuated quite expensively with a Price/Earnings ratio of 36.47.
Based on the Price/Earnings ratio, SAF is valued a bit cheaper than the industry average as 63.41% 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 27.44.
SAF is valuated quite expensively with a Price/Forward Earnings ratio of 27.18.
SAF's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.87, SAF is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.47 | ||
| Fwd PE | 27.18 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as SAF.
65.85% of the companies in the same industry are more expensive than SAF, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 35.95 | ||
| EV/EBITDA | 21.5 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
A more expensive valuation may be justified as SAF's earnings are expected to grow with 17.83% in the coming years.
PEG (NY)2.47
PEG (5Y)10.34
EPS Next 2Y19.98%
EPS Next 3Y17.83%
5. Dividend
5.1 Amount
SAF has a Yearly Dividend Yield of 1.03%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.19, SAF pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.45, SAF's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.03% |
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 2Y19.98%
EPS Next 3Y17.83%
EPA:SAF (9/11/2025, 7:00:00 PM)
285.2
+4.3 (+1.53%)
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 Cap120.82B
Analysts79.17
Price Target313.09 (9.78%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.03% |
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)12.77%
PT rev (3m)17.13%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)4.65%
EPS NY rev (3m)4.65%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.87%
Revenue NY rev (3m)0.55%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.47 | ||
| Fwd PE | 27.18 | ||
| P/S | 4.36 | ||
| P/FCF | 35.95 | ||
| P/OCF | 25.53 | ||
| P/B | 11.87 | ||
| P/tB | N/A | ||
| EV/EBITDA | 21.5 |
EPS(TTM)7.82
EY2.74%
EPS(NY)10.49
Fwd EY3.68%
FCF(TTM)7.93
FCFY2.78%
OCF(TTM)11.17
OCFY3.92%
SpS65.43
BVpS24.02
TBVpS-6.39
PEG (NY)2.47
PEG (5Y)10.34
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 | 2.38 |
F-Score6
WACC7.68%
ROIC/WACC2.13
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 Y14.79%
EPS Next 2Y19.98%
EPS Next 3Y17.83%
EPS Next 5Y15.44%
Revenue 1Y (TTM)14.19%
Revenue growth 3Y22.35%
Revenue growth 5Y2%
Sales Q2Q%13.2%
Revenue Next Year14.03%
Revenue Next 2Y13.06%
Revenue Next 3Y11.6%
Revenue Next 5Y9.7%
EBIT growth 1Y22.2%
EBIT growth 3Y51.57%
EBIT growth 5Y2.08%
EBIT Next Year50.82%
EBIT Next 3Y23.45%
EBIT Next 5Y18.51%
FCF growth 1Y7.59%
FCF growth 3Y24.71%
FCF growth 5Y9.69%
OCF growth 1Y10.84%
OCF growth 3Y24.78%
OCF growth 5Y8.52%