Safran
Market Cap
€59.5b
Last Updated
2019/10/23 20:48 UTC
Data Sources
Company Financials +
Executive Summary
Safran SA, together with its subsidiaries, engages in the aerospace and defense businesses worldwide.
Snowflake
Fundamentals
Adequate balance sheet average dividend payer.
Similar Companies
Share Price & News
How has Safran's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-1.6%
SAF
-0.8%
FR Aerospace & Defense
-0.9%
FR Market
1 Year Return
26.2%
SAF
18.8%
FR Aerospace & Defense
12.5%
FR Market
Return vs Industry: SAF exceeded the French Aerospace & Defense industry which returned 18.8% over the past year.
Return vs Market: SAF exceeded the French Market which returned 12.5% over the past year.
Shareholder returns
| SAF | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.6% | -0.8% | -0.9% |
| 30 Day | -2.1% | -2.4% | -0.8% |
| 90 Day | 3.9% | -5.2% | -0.5% |
| 1 Year | 28.1%26.2% | 20.6%18.8% | 16.3%12.5% |
| 3 Year | 129.7%118.2% | 99.9%90.3% | 43.1%29.1% |
| 5 Year | 206.0%178.3% | 172.8%148.5% | 71.4%45.4% |
Price Volatility Vs. Market
How volatile is Safran's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Could Safran SA's (EPA:SAF) Investor Composition Influence The Stock Price?3 weeks ago | Simply Wall St
A Look At Safran SA's (EPA:SAF) Exceptional Fundamentals1 month ago | Simply Wall St
Interested In Safran SA (EPA:SAF)? Here's What Its Recent Performance Looks LikeValuation
Is Safran undervalued compared to its fair value and its price relative to the market?
27.4x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SAF (€138.1) is trading above our estimate of fair value (€135.3)
Significantly Below Fair Value: SAF is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SAF is poor value based on its PE Ratio (27.4x) compared to the Aerospace & Defense industry average (25.2x).
PE vs Market: SAF is poor value based on its PE Ratio (27.4x) compared to the French market (17.3x).
Price to Earnings Growth Ratio
PEG Ratio: SAF is poor value based on its PEG Ratio (2.2x)
Price to Book Ratio
PB vs Industry: SAF is overvalued based on its PB Ratio (4.9x) compared to the FR Aerospace & Defense industry average (1.8x).
Next Steps
Future Growth
How is Safran forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?
12.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SAF's forecast earnings growth (12.3% per year) is above the savings rate (0.7%).
Earnings vs Market: SAF's earnings (12.3% per year) are forecast to grow faster than the French market (11.4% per year).
High Growth Earnings: SAF's earnings are forecast to grow, but not significantly.
Revenue vs Market: SAF's revenue (4.9% per year) is forecast to grow faster than the French market (4.4% per year).
High Growth Revenue: SAF's revenue (4.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SAF's Return on Equity is forecast to be low in 3 years time (19.7%).
Next Steps
Past Performance
How has Safran performed over the past 5 years?
33.6%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: SAF's earnings have grown significantly by 33.6% per year over the past 5 years.
Accelerating Growth: SAF's earnings growth over the past year (20.7%) is below its 5-year average (33.6% per year).
Earnings vs Industry: SAF earnings growth over the past year (20.7%) underperformed the Aerospace & Defense industry 24.9%.
Return on Equity
High ROE: SAF's Return on Equity (18%) is considered low.
Return on Assets
ROA vs Industry: SAF has a higher Return on Assets than the Aerospace & Defense industry average last year.
Return on Capital Employed
ROCE Improving: SAF's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is Safran's financial position?
Financial Position Analysis
Short Term Liabilities: SAF's short term assets (€19.4B) do not cover its short term liabilities (€21.9B)
Long Term Liabilities: SAF's short term assets (19.4B) exceeds its long term liabilities (7.8B)
Debt to Equity History and Analysis
Debt Level: SAF's debt to equity ratio (50.4%) is considered high
Reducing Debt: SAF's debt to equity ratio has reduced from 53.4% to 50.4% over the past 5 years.
Debt Coverage: SAF's debt is well covered by operating cash flow (53.8%).
Interest Coverage: SAF's interest payments on its debt are well covered by EBIT (58.5x coverage).
Balance Sheet
Inventory Level: SAF has a high level of physical assets or inventory.
Debt Coverage by Assets: SAF's debt is covered by short term assets (assets are 3.082130x debt).
Next Steps
Dividend
What is Safran's current dividend yield, its reliability and sustainability?
1.32%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: SAF's dividend (1.32%) isn’t notable compared to the bottom 25% of dividend payers in the French market (1.55%).
High Dividend: SAF's dividend (1.32%) is low compared to the top 25% of dividend payers in the French market (4.71%).
Stable Dividend: SAF's dividends per share have been stable in the past 10 years.
Growing Dividend: SAF's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (36.1%), SAF's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SAF's dividends in 3 years are forecast to be well covered by earnings (35.9% payout ratio).
Next Steps
Management
What is the CEO of Safran's salary, the management and board of directors tenure and is there insider trading?
3.3yrs
Average management tenure
CEO
Philippe Petitcolin (67yo)
4.5yrs
Tenure
€2,892,341
Compensation
Mr. Philippe Petitcolin has been the Chief Executive Officer and Director of Safran SA since April 23, 2015. He has been a Director of Electricité de France SA (EDF) since May 2019. He began his career in ...
CEO Compensation Analysis
Compensation vs. Market: Philippe's total compensation ($USD3.22M) is about average for companies of similar size in the French market ($USD3.60M).
Compensation vs Earnings: Philippe's compensation has been consistent with company performance over the past year.
Management Age and Tenure
3.3yrs
Average Tenure
60.5yo
Average Age
Experienced Management: SAF's management team is considered experienced (3.3 years average tenure).
Board Age and Tenure
4.5yrs
Average Tenure
65yo
Average Age
Experienced Board: SAF's board of directors are considered experienced (4.5 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Management Team
Francis Gaillard
Administration Director
- Tenure: 0yrs
Pascale DuBois
Executive Vice President of Communication
- Tenure: 0yrs
Jean-Lin Fournereaux (67yo)
Corporate Senior Vice President of Space
- Tenure: 0yrs
Jean-Pierre Cojan (66yo)
Executive Vice President of Strategy and Transformation
- Tenure: 0yrs
Philippe Petitcolin (67yo)
CEO & Director
- Tenure: 4.5yrs
- Compensation: €2.89m
Bernard-Pierre Delpit (55yo)
Chief Financial Officer
- Tenure: 0yrs
Herve Bouaziz (51yo)
Executive Vice President for Strategy & Business Development - Sagem
- Tenure: 0yrs
Stéphane Cueille (46yo)
Senior EVP of R&T and Innovation & CTO
- Tenure: 3.3yrs
Coralie Bouscasse
Group General Counsel
- Tenure: 3.3yrs
Stéphane Dubois
Executive VP of Human Resources
- Tenure: 0.8yrs
Board Members
Jean-Lou Chameau (66yo)
Independent Director
- Tenure: 8.5yrs
- Compensation: €70.20k
Monique Cohen (63yo)
Lead Independent Director
- Tenure: 1.6yrs
- Compensation: €85.00k
Patrick Pélata (64yo)
Independent Director
- Tenure: 2.3yrs
- Compensation: €73.90k
Ross McInnes (65yo)
Chairman of the Board
- Tenure: 4.5yrs
- Compensation: €465.81k
Francis Mer (80yo)
Honorary Chairman
- Tenure: 6.8yrs
- Compensation: €25.58k
Philippe Petitcolin (67yo)
CEO & Director
- Tenure: 4.5yrs
- Compensation: €2.89m
Odile Desforges (69yo)
Independent Director
- Tenure: 8.5yrs
- Compensation: €81.30k
Anne Bouverot (53yo)
Chairman of Morpho
- Tenure: 4.2yrs
Gérard Le Page
Chairman of Teuchos and Chief Executive Officer of Teuchos
- Tenure: 0yrs
Vincent Imbert (63yo)
Director
- Tenure: 5.6yrs
Company Information
Safran SA's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Safran SA
- Ticker: SAF
- Exchange: ENXTPA
- Founded: 1924
- Industry: Aerospace and Defense
- Sector: Capital Goods
- Market Cap: €59.477b
- Shares outstanding: 430.68m
- Website: https://www.safran-group.com
Number of Employees
Location
- Safran SA
- 2, Boulevard du Général Martial Valin
- Cedex 15
- Paris
- Ile-de-France
- 75724
- France
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SAF | ENXTPA (Euronext Paris) | Yes | Ordinary Shares | FR | EUR | Jul 1999 |
| SEJ1 | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jul 1999 |
| SAFR.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jul 1999 |
| 0IU8 | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Jul 1999 |
| SAFP | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Jul 1999 |
| SAF | WBAG (Wiener Boerse AG) | Yes | Ordinary Shares | AT | EUR | Jul 1999 |
| SAF | SWX (SIX Swiss Exchange) | Yes | Ordinary Shares | CH | CHF | Jul 1999 |
| SAF | BIT (Borsa Italiana) | Yes | Ordinary Shares | IT | EUR | Jul 1999 |
| SAFR.Y | OTCPK (Pink Sheets LLC) | SPON ADR | US | USD | Aug 2007 |
Biography
Safran SA, together with its subsidiaries, engages in the aerospace and defense businesses worldwide. The company operates through three segments: Aerospace Propulsion, Aircraft Equipment, and Defense. The ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/23 20:48 |
| End of Day Share Price | 2019/10/23 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.