Independent equity research
Is Safran S.A. (SAF) a Buy, Hold or Sell?
Safran S.A. — our independent, AI-built valuation and rating, in brief.
HOLD (trim into strength)
12-mo fair value
€310.00
To fair value
−6%
By · report dated 2026-08-27 · fair value derived independently of the market price.
The thesis, in brief
Safran's record 18.4% margin rests on CFM56 workscope, an airline decision management itself dates to peak in 2026. Falsified if FY2027 recurring operating income tops EUR 7.6bn with propulsion held above 24%, or the 2028 EBIT target is raised beyond EUR 8.0bn
How we value it
We value Safran S.A. using Blended DCF, SOTP and forward EV/EBIT on recurring operating income. The 12-month fair value is set from that intrinsic estimate first, then compared to the market to read the upside or downside — never anchored to the current price.
What the full report covers
- Business & moat + industry cycle
- Earnings quality & normalized EPS
- Returns on capital (ROIC vs WACC)
- Balance-sheet safety
- Two independent valuations (DCF + multiples)
- Bear / base / bull fair values
- Earnings-call analysis
- Insider activity & positioning
- Technicals (RSI / ADX)
- A falsifiable thesis
Read the full Safran S.A. report
The complete model, the scenarios, and every number behind the call — plus other names across the coverage. One subscription, cancel anytime.