(SAF) Safran - Overview
Sector: Industrials | Industry: Aerospace & Defense | Exchange: PA (France) | Market Cap: 117.365m EUR | Total Return: 17.3% in 12m
Avg Turnover: 172M
Warnings
Choppy
Tailwinds
No distinct edge detected
Safran SA is a France-based global aerospace and defense company organized into three primary business segments: Aerospace Propulsion, Aircraft Equipment (Defense and Aerosystems), and Aircraft Interiors. The firm designs and manufactures critical systems including commercial and military engines, landing gear, avionics, and passenger cabin interiors for civil and military aviation markets.
The company operates within a highly consolidated global aerospace sector characterized by high barriers to entry and long product lifecycles. Safran’s business model relies heavily on a dual-revenue stream consisting of original equipment (OE) manufacturing and high-margin maintenance, repair, and overhaul (MRO) services that generate recurring cash flow over the decades-long lifespan of an aircraft.
For a more granular analysis of the companys valuation metrics, consider reviewing the data on ValueRay.
Headquartered in Paris, Safran provides end-to-end solutions ranging from propulsion systems for drones and helicopters to in-flight entertainment and connectivity for commercial airlines. Its global footprint covers Europe, the Americas, and the Asia-Pacific, supporting a diverse client base across both the private and public defense sectors.
- LEAP engine aftermarket services revenue drives long term margin expansion
- Narrowbody aircraft delivery rates dictate original equipment sales growth
- Global defense spending increases bolster military propulsion and optronics demand
- Supply chain constraints and raw material costs impact production delivery timelines
- Widebody aircraft interior retrofits support recovery in cabin equipment segment
| Net Income: 6.51b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.13 > 0.02 and ΔFCF/TA 3.70 > 1.0 |
| NWC/Revenue: -6.94% < 20% (prev 1.31%; Δ -8.25% < -1%) |
| CFO/TA 0.17 > 3% & CFO 10.5b > Net Income 6.51b |
| Net Debt (-33.0m) to EBITDA (10.7b): -0.00 < 3 |
| Current Ratio: 0.90 > 1.5 & < 3 |
| Outstanding Shares: last quarter (417.8m) vs 12m ago -2.33% < -2% |
| Gross Margin: 30.49% > 18% (prev 0.47%; Δ 3.00k% > 0.5%) |
| Asset Turnover: 104.8% > 50% (prev 75.85%; Δ 28.91% > 0%) |
| Interest Coverage Ratio: 35.58 > 6 (EBITDA TTM 10.7b / Interest Expense TTM 230.0m) |
| A: -0.07 (Total Current Assets 37.0b - Total Current Liabilities 41.1b) / Total Assets 61.8b |
| B: 0.20 (Retained Earnings 12.1b / Total Assets 61.8b) |
| C: 0.15 (EBIT TTM 8.18b / Avg Total Assets 56.1b) |
| D: 0.26 (Book Value of Equity 12.1b / Total Liabilities 46.4b) |
| Altman-Z'' = 1.46 = BB |
| DSRI: 1.10 (Receivables 17.9b/10.7b, Revenue 58.8b/38.3b) |
| GMI: 1.53 (GM 30.49% / 46.68%) |
| AQI: 1.62 (AQ_t 0.30 / AQ_t-1 0.18) |
| SGI: 1.54 (Revenue 58.8b / 38.3b) |
| TATA: -0.06 (NI 6.51b - CFO 10.5b) / TA 61.8b) |
| Beneish M = -1.78 (Cap -4..+1) = CCC |
As of May 26, 2026, the stock is trading at EUR 301.50 with a total of 571,907 shares traded.
Over the past week, the price has changed by +10.08%,
over one month by +10.04%,
over three months by -12.41% and
over the past year by +17.27%.
Safran has no consensus analysts rating.
P/E Trailing = 16.4435
P/E Forward = 26.5252
P/S = 3.763
P/B = 7.6769
P/EG = 1.9466
Revenue TTM = 58.8b EUR
EBIT TTM = 8.18b EUR
EBITDA TTM = 10.7b EUR
Long Term Debt = 2.07b EUR (from longTermDebt, last quarter)
Short Term Debt = 2.60b EUR (from shortTermDebt, last quarter)
Debt = 6.76b EUR (from shortLongTermDebtTotal, last quarter) + Leases 783.0m
Net Debt = -33.0m EUR (calculated: Debt 6.76b - CCE 6.79b)
Enterprise Value = 117b EUR (117b + Debt 6.76b - CCE 6.79b)
Interest Coverage Ratio = 35.58 (Ebit TTM 8.18b / Interest Expense TTM 230.0m)
EV/FCF = 14.36x (Enterprise Value 117b / FCF TTM 8.17b)
FCF Yield = 6.96% (FCF TTM 8.17b / Enterprise Value 117b)
FCF Margin = 13.89% (FCF TTM 8.17b / Revenue TTM 58.8b)
Net Margin = 11.07% (Net Income TTM 6.51b / Revenue TTM 58.8b)
Gross Margin = 30.49% ((Revenue TTM 58.8b - Cost of Revenue TTM 40.9b) / Revenue TTM)
Gross Margin QoQ = 12.10% (prev 16.80%)
Tobins Q-Ratio = 1.90 (Enterprise Value 117b / Total Assets 61.8b)
Interest Expense / Debt = 3.40% (Interest Expense 230.0m / Debt 6.76b)
Taxrate = 31.85% (1.02b / 3.19b)
NOPAT = 5.58b (EBIT 8.18b * (1 - 31.85%))
Current Ratio = 0.90 (Total Current Assets 37.0b / Total Current Liabilities 41.1b)
Debt / Equity = 0.46 (Debt 6.76b / totalStockholderEquity, last quarter 14.8b)
Debt / EBITDA = -0.00 (Net Debt -33.0m / EBITDA 10.7b)
Debt / FCF = -0.00 (Net Debt -33.0m / FCF TTM 8.17b)
Total Stockholder Equity = 12.4b (last 4 quarters mean from totalStockholderEquity)
RoA = 11.60% (Net Income 6.51b / Total Assets 61.8b)
RoE = 52.65% (Net Income TTM 6.51b / Total Stockholder Equity 12.4b)
RoCE = 56.69% (EBIT 8.18b / Capital Employed (Equity 12.4b + L.T.Debt 2.07b))
RoIC = 23.94% (NOPAT 5.58b / Invested Capital 23.3b)
WACC = 7.75% (E(117b)/V(124b) * Re(8.06%) + D(6.76b)/V(124b) * Rd(3.40%) * (1-Tc(0.32)))
Discount Rate = 8.06% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -20.0 | Cagr: -0.95%
[DCF] Terminal Value 77.97% ; FCFF base≈6.82b ; Y1≈7.82b ; Y5≈11.5b
[DCF] Fair Price = 417.1 (EV 173b - Net Debt -33.0m = Equity 173b / Shares 415.5m; 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: 88.63 | Revenue CAGR: 28.43% | SUE: -0.05 | # QB: 0
EPS current Year (2026-12-31): EPS=10.03 | Chg30d=-0.63% | Revisions=+23% | GrowthEPS=+31.9% | GrowthRev=+14.1%
EPS next Year (2027-12-31): EPS=12.25 | Chg30d=-1.07% | Revisions=-43% | GrowthEPS=+22.2% | GrowthRev=+9.5%
[Analyst] Revisions Ratio: -43%