Safran
Market Cap
€37.9b
Last Updated
2020/10/28 22:36 UTC
Data Sources
Company Financials +
Executive Summary
Safran SA, together with its subsidiaries, engages in the aerospace and defense businesses worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential with adequate balance sheet.
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
Stable Share Price: SAF has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-2.5%
SAF
-4.5%
FR Aerospace & Defense
-5.6%
FR Market
1 Year Return
-37.9%
SAF
-38.4%
FR Aerospace & Defense
-14.4%
FR Market
Return vs Industry: SAF matched the French Aerospace & Defense industry which returned -38.4% over the past year.
Return vs Market: SAF underperformed the French Market which returned -14.4% over the past year.
Shareholder returns
| SAF | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.5% | -4.5% | -5.6% |
| 30 Day | 3.5% | -0.9% | -4.2% |
| 90 Day | -5.9% | -6.8% | -3.3% |
| 1 Year | -37.9%-37.9% | -38.3%-38.4% | -12.5%-14.4% |
| 3 Year | 1.4%-1.7% | -18.8%-21.4% | -2.4%-10.8% |
| 5 Year | 40.7%30.7% | 13.5%5.9% | 22.4%4.2% |
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
12 hours ago | Simply Wall St
We Think Safran (EPA:SAF) Can Stay On Top Of Its Debt2 weeks ago | Simply Wall St
Should Weakness in Safran SA's (EPA:SAF) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?1 month ago | Simply Wall St
Safran SA (EPA:SAF) Shares Could Be 32% Below Their Intrinsic Value EstimateValuation
Is Safran undervalued compared to its fair value and its price relative to the market?
35.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SAF (€88.7) is trading below our estimate of fair value (€138)
Significantly Below Fair Value: SAF is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SAF is poor value based on its PE Ratio (56x) compared to the FR Aerospace & Defense industry average (17x).
PE vs Market: SAF is poor value based on its PE Ratio (56x) compared to the French market (17.3x).
Price to Earnings Growth Ratio
PEG Ratio: SAF is poor value based on its PEG Ratio (1.9x)
Price to Book Ratio
PB vs Industry: SAF is overvalued based on its PB Ratio (3.1x) compared to the FR Aerospace & Defense industry average (1.3x).
Next Steps
Future Growth
How is Safran forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
30.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SAF's forecast earnings growth (30% per year) is above the savings rate (0.6%).
Earnings vs Market: SAF's earnings (30% per year) are forecast to grow faster than the French market (23.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SAF's revenue (10% per year) is forecast to grow faster than the French market (6.8% per year).
High Growth Revenue: SAF's revenue (10% 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 (15.8%).
Next Steps
Past Performance
How has Safran performed over the past 5 years?
21.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SAF has high quality earnings.
Growing Profit Margin: SAF's current net profit margins (3.1%) are lower than last year (9%).
Past Earnings Growth Analysis
Earnings Trend: SAF has become profitable over the past 5 years, growing earnings by 21.3% per year.
Accelerating Growth: SAF's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SAF had negative earnings growth (-69.1%) over the past year, making it difficult to compare to the Aerospace & Defense industry average (-36%).
Return on Equity
High ROE: SAF's Return on Equity (5.8%) is considered low.
Next Steps
Financial Health
How is Safran's financial position?
Financial Position Analysis
Short Term Liabilities: SAF's short term assets (€20.7B) do not cover its short term liabilities (€22.7B).
Long Term Liabilities: SAF's short term assets (€20.7B) exceed its long term liabilities (€8.1B).
Debt to Equity History and Analysis
Debt Level: SAF's debt to equity ratio (58.3%) is considered high.
Reducing Debt: SAF's debt to equity ratio has reduced from 60.4% to 58.3% over the past 5 years.
Debt Coverage: SAF's debt is well covered by operating cash flow (37.4%).
Interest Coverage: SAF's interest payments on its debt are well covered by EBIT (92.7x coverage).
Balance Sheet
Next Steps
Dividend
What is Safran current dividend yield, its reliability and sustainability?
1.91%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SAF's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SAF's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SAF's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SAF's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: SAF is not paying a notable dividend for the French market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SAF's dividend in 3 years as they are not forecast to pay a notable one for the French market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.3yrs
Average management tenure
CEO
Philippe Petitcolin (68 yo)
5.5yrs
Tenure
€2,931,204
Compensation
Mr. Philippe Petitcolin serves as Independent Director at Pernod Ricard SA since November 8, 2019. He has been the Chief Executive Officer and Director of Safran SA since April 23, 2015. He has been a Inde ...
CEO Compensation Analysis
Compensation vs Market: Philippe's total compensation ($USD3.45M) is about average for companies of similar size in the French market ($USD3.98M).
Compensation vs Earnings: Philippe's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 5.5yrs | €2.93m | 0.0099% € 3.7m | |
| Chief Financial Officer | no data | no data | no data | |
| Administration Director | no data | no data | no data | |
| Group General Counsel | 4.33yrs | no data | no data | |
| Executive Vice President of Communication | no data | no data | no data | |
| Executive Vice President of Human Resources | 1.75yrs | no data | no data | |
| Executive Vice President | 0.083yr | €243.08k | no data | |
| Executive Vice President of Strategy and Transformation | no data | no data | no data | |
| Corporate Senior Vice President of Space | no data | no data | no data | |
| Executive Vice President for Strategy & Business Development - Sagem | no data | no data | no data | |
| Senior Executive Vice President of R&T and Innovation | 4.25yrs | no data | no data | |
| Executive Vice President of Strategy and M&A | no data | no data | no data |
4.3yrs
Average Tenure
55.5yo
Average Age
Experienced Management: SAF's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 5.5yrs | €2.93m | 0.0099% € 3.7m | |
| Chairman of Teuchos and Chief Executive Officer of Teuchos | no data | no data | no data | |
| Chairman of Morpho | 5.17yrs | no data | no data | |
| Independent Director | 9.5yrs | €83.72k | 0.00023% € 87.1k | |
| Lead Independent Director | 2.58yrs | €94.38k | 0.00012% € 45.4k | |
| Chairman of the Board | 5.5yrs | €498.68k | 0.0018% € 666.4k | |
| Honorary Chairman | 7.75yrs | €25.58k | no data | |
| Independent Director | 9.5yrs | €80.23k | 0.00012% € 45.4k | |
| Employee Shareholders Director | 0.42yr | no data | no data | |
| Independent Director | 3.33yrs | €76.73k | 0.00012% € 45.4k | |
| Director | 6.58yrs | no data | no data | |
| Director | 5.92yrs | €59.27k | 0.00046% € 174.2k |
5.5yrs
Average Tenure
64yo
Average Age
Experienced Board: SAF's board of directors are considered experienced (5.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
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: €37.864b
- Shares outstanding: 426.87m
- 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 |
| SAF N | BMV (Bolsa Mexicana de Valores) | Yes | Ordinary Shares | MX | MXN | Jul 1999 |
| SAFR.Y | OTCPK (Pink Sheets LLC) | SPON ADR | US | USD | Aug 2007 | |
| SEJU | BST (Boerse-Stuttgart) | SPON ADR | DE | EUR | 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 | 2020/10/28 22:36 |
| End of Day Share Price | 2020/10/28 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.