SAF Stock Analysis: Safran | PA
Aerospace & Defense | PA, France | Market Cap: 113.658m EUR | 12M Return: -6.1% | FR0000073272 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 181M
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Safran SA is a French aerospace and defense company headquartered in Paris, founded in 1896, that operates across three core segments: Aerospace Propulsion (engines, power transmission systems, and MRO services for commercial and military aircraft, helicopters, and drones); Aircraft Equipment, Defense and Aerosystems (landing gear, brakes, nacelles, avionics, optronics, navigation sensors, and defense systems); and Aircraft Interiors (seating, galleys, lavatories, air systems, and in-flight entertainment). Its products and services serve both civil and military aviation markets, with operations spanning Europe, the Americas, Asia-Pacific, Africa, and the Middle East.
The aerospace and defense sector is characterized by long product development cycles, stringent regulatory certification, and high barriers to entry, which tend to favor established players. MRO services, which Safran provides across multiple segments, typically represent a stable, recurring-revenue stream tied to the large installed base of aircraft worldwide, helping offset the lumpiness of original equipment sales.
- LEAP engine aftermarket revenue drives propulsion margin expansion
- A320neo and 737 MAX production rate increases lift engine deliveries
- Aircraft Interiors restructuring weighs on consolidated margins
| Net Income: 3.88b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.08 > 0.02 and ΔFCF/TA 0.60 > 1.0 |
| NWC/Revenue: -13.94% < 20% (prev -8.53%; Δ -5.41% < -1%) |
| CFO/TA 0.10 > 3% & CFO 6.70b > Net Income 3.88b |
| Net Debt (-413.0m) to EBITDA (5.85b): -0.07 < 3 |
| Current Ratio: 0.90 > 1.5 & < 3 |
| Outstanding Shares: last quarter (415.5m) vs 12m ago -5.08% < -2% |
| Gross Margin: 13.67% > 18% (prev 31.78%; Δ -18.11% > 0.5%) |
| Asset Turnover: 54.81% > 50% (prev 52.22%; Δ 2.60% > 0%) |
| Interest Coverage Ratio: 33.02 > 6 (EBIT TTM 4.26b / Interest Expense TTM 129.0m) |
| A: -0.07 (Total Current Assets 40.1b - Total Current Liabilities 44.8b) / Total Assets 66.4b |
| B: 0.19 (Retained Earnings 12.4b / Total Assets 66.4b) |
| C: 0.07 (EBIT TTM 4.26b / Avg Total Assets 61.2b) |
| D: 0.28 (Book Value of Equity 14.5b / Total Liabilities 51.3b) |
| Altman-Z'' = 0.91 = BB |
| DSRI: 1.18 (Receivables 19.4b/14.4b, Revenue 33.6b/29.3b) |
| GMI: 2.32 (GM 31.78% / 13.67%) |
| AQI: 0.56 (AQ_t 0.16 / AQ_t-1 0.28) |
| SGI: 1.15 (Revenue 33.6b / 29.3b) |
| TATA: -0.04 (NI 3.88b - CFO 6.70b) / TA 66.4b) |
| Beneish M = -1.84 (Cap -4..+1) = B |
As of November 03, 2026, the stock is trading at EUR 288.20 with a total of 718,812 shares traded. Over the past week, the price has changed by +5.03%, over one month by -12.69%, over three months by -17.96% and over the past year by -6.08%.
Current recommended Stop Loss: 263.90 (which is 8.4% or 2.7 ATR below the current price).
Safran has no consensus analysts rating.
P/E Trailing = 29.5269
P/E Forward = 21.3675
P/S = 3.3858
P/B = 7.8268
P/EG = 1.5265
Revenue TTM = 33.6b EUR
EBIT TTM = 4.26b EUR
EBITDA TTM = 5.85b EUR
Long Term Debt = 2.04b EUR (from longTermDebt, last quarter)
Short Term Debt = 2.24b EUR (from shortTermDebt, last quarter)
Debt = 6.09b EUR (from shortLongTermDebtTotal, last quarter) + Leases 987.0m
Net Debt = -413.0m EUR (calculated: Debt 6.09b - CCE 6.51b)
Enterprise Value = 113b EUR (114b + Debt 6.09b - CCE 6.51b)
Interest Coverage Ratio = 33.02 (Ebit TTM 4.26b / Interest Expense TTM 129.0m)
EV/FCF = 21.64x (Enterprise Value 113b / FCF TTM 5.23b)
FCF Yield = 4.62% (FCF TTM 5.23b / Enterprise Value 113b)
FCF Margin = 15.59% (FCF TTM 5.23b / Revenue TTM 33.6b)
Net Margin = 11.56% (Net Income TTM 3.88b / Revenue TTM 33.6b)
Gross Margin = 13.67% ((Revenue TTM 33.6b - Cost of Revenue TTM 29.0b) / Revenue TTM)
Gross Margin QoQ = 15.15% (prev 12.10%)
Tobins Q-Ratio = 1.71 (Enterprise Value 113b / Total Assets 66.4b)
Interest Expense / Debt = 2.12% (Interest Expense 129.0m / Debt 6.09b)
Taxrate = 31.47% (1.82b / 5.80b)
NOPAT = 2.92b (EBIT 4.26b * (1 - 31.47%))
Current Ratio = 0.90 (Total Current Assets 40.1b / Total Current Liabilities 44.8b)
Debt / Equity = 0.42 (Debt 6.09b / totalStockholderEquity, last quarter 14.5b)
Debt / EBITDA = -0.07 (Net Debt -413.0m / EBITDA 5.85b)
Debt / FCF = -0.08 (Net Debt -413.0m / FCF TTM 5.23b)
Total Stockholder Equity = 13.2b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.34% (Net Income 3.88b / Total Assets 66.4b)
RoE = 29.44% (Net Income TTM 3.88b / Total Stockholder Equity 13.2b)
RoCE = 27.98% (EBIT 4.26b / Capital Employed (Equity 13.2b + L.T.Debt 2.04b))
RoIC = 13.18% (NOPAT 2.92b / Invested Capital 22.1b)
WACC = 7.23% (E(114b)/V(120b) * Re(7.54%) + D(6.09b)/V(120b) * Rd(2.12%) * (1-Tc(0.31)))
Discount Rate = 7.54% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -64.55 | Cagr: -1.16%
[DCF] Terminal Value 77.97% ; FCFF base≈4.77b ; Y1≈5.47b ; Y5≈8.05b
[DCF] Fair Price = 293.7 (EV 121b - Net Debt -413.0m = Equity 122b / Shares 413.9m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.0 | # QB: 0
Revenue Correlation: 99.86 | Revenue CAGR: 14.67% | SUE: 1.45 | # QB: 1
EPS current Quarter (2026-06-30): EPS=0.00 | Chg30d=N/A | Revisions=N/A | Analysts=0
EPS next Quarter (2026-09-30): EPS=0.00 | Chg30d=N/A | Revisions=N/A | Analysts=0
EPS current Year (2026-12-31): EPS=10.40 | Chg30d=-0.17% | Revisions=+10% | GrowthEPS=+36.8% | GrowthRev=+16.6%
EPS next Year (2027-12-31): EPS=12.74 | Chg30d=-1.85% | Revisions=-30% | GrowthEPS=+22.5% | GrowthRev=+10.5%
[Analyst] Revisions Ratio: -12% (up=6, down=8)