SAFEHOLD INC (SAFE) Fundamental Analysis & Valuation
NYSE:SAFE • US78646V1070
Current stock price
13.48 USD
-0.03 (-0.22%)
At close:
13.48 USD
0 (0%)
After Hours:
This SAFE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. SAFE Profitability Analysis
1.1 Basic Checks
- SAFE had positive earnings in the past year.
- SAFE had a positive operating cash flow in the past year.
- SAFE had positive earnings in 4 of the past 5 years.
- In the past 5 years SAFE always reported a positive cash flow from operatings.
1.2 Ratios
- The Return On Assets of SAFE (1.58%) is worse than 60.71% of its industry peers.
- Looking at the Return On Equity, with a value of 4.75%, SAFE is in line with its industry, outperforming 46.43% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 3.44%, SAFE is in line with its industry, outperforming 42.86% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for SAFE is in line with the industry average of 5.10%.
- The last Return On Invested Capital (3.44%) for SAFE is above the 3 year average (3.35%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.58% | ||
| ROE | 4.75% | ||
| ROIC | 3.44% |
ROA(3y)0.76%
ROA(5y)1.22%
ROE(3y)2.27%
ROE(5y)4.34%
ROIC(3y)3.35%
ROIC(5y)3.08%
1.3 Margins
- The Profit Margin of SAFE (29.69%) is better than 67.86% of its industry peers.
- In the last couple of years the Profit Margin of SAFE has declined.
- SAFE has a Operating Margin of 80.27%. This is amongst the best in the industry. SAFE outperforms 96.43% of its industry peers.
- SAFE's Operating Margin has improved in the last couple of years.
- SAFE has a Gross Margin of 98.77%. This is amongst the best in the industry. SAFE outperforms 96.43% of its industry peers.
- SAFE's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 80.27% | ||
| PM (TTM) | 29.69% | ||
| GM | 98.77% |
OM growth 3Y1.08%
OM growth 5Y30.85%
PM growth 3Y-16%
PM growth 5YN/A
GM growth 3Y-0.03%
GM growth 5Y13.03%
2. SAFE Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SAFE is destroying value.
- SAFE has more shares outstanding than it did 1 year ago.
- The number of shares outstanding for SAFE has been reduced compared to 5 years ago.
- SAFE has a worse debt/assets ratio than last year.
2.2 Solvency
- Based on the Altman-Z score of 0.66, we must say that SAFE is in the distress zone and has some risk of bankruptcy.
- SAFE has a Altman-Z score of 0.66. This is in the lower half of the industry: SAFE underperforms 67.86% of its industry peers.
- SAFE has a debt to FCF ratio of 95.91. This is a negative value and a sign of low solvency as SAFE would need 95.91 years to pay back of all of its debts.
- SAFE has a Debt to FCF ratio (95.91) which is comparable to the rest of the industry.
- A Debt/Equity ratio of 1.90 is on the high side and indicates that SAFE has dependencies on debt financing.
- SAFE has a Debt to Equity ratio of 1.90. This is in the lower half of the industry: SAFE underperforms 60.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.9 | ||
| Debt/FCF | 95.91 | ||
| Altman-Z | 0.66 |
ROIC/WACC0.64
WACC5.38%
2.3 Liquidity
- A Current Ratio of 14.29 indicates that SAFE has no problem at all paying its short term obligations.
- The Current ratio of SAFE (14.29) is better than 100.00% of its industry peers.
- SAFE has a Quick Ratio of 14.27. This indicates that SAFE is financially healthy and has no problem in meeting its short term obligations.
- With an excellent Quick ratio value of 14.27, SAFE belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 14.29 | ||
| Quick Ratio | 14.27 |
3. SAFE Growth Analysis
3.1 Past
- SAFE shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.73%.
- Measured over the past years, SAFE shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -13.23% on average per year.
- The Revenue has been growing slightly by 5.43% in the past year.
- The Revenue has been decreasing by -6.20% on average over the past years.
EPS 1Y (TTM)5.73%
EPS 3Y-66.04%
EPS 5Y-13.23%
EPS Q2Q%16.67%
Revenue 1Y (TTM)5.43%
Revenue growth 3Y12.57%
Revenue growth 5Y-6.2%
Sales Q2Q%6.53%
3.2 Future
- The Earnings Per Share is expected to grow by 3.04% on average over the next years.
- Based on estimates for the next years, SAFE will show a small growth in Revenue. The Revenue will grow by 7.07% on average per year.
EPS Next Y5.42%
EPS Next 2Y4.7%
EPS Next 3Y3.96%
EPS Next 5Y3.04%
Revenue Next Year2.42%
Revenue Next 2Y3.36%
Revenue Next 3Y4.76%
Revenue Next 5Y7.07%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. SAFE Valuation Analysis
4.1 Price/Earnings Ratio
- SAFE is valuated reasonably with a Price/Earnings ratio of 8.12.
- SAFE's Price/Earnings ratio is rather cheap when compared to the industry. SAFE is cheaper than 100.00% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 26.21. SAFE is valued rather cheaply when compared to this.
- With a Price/Forward Earnings ratio of 7.70, the valuation of SAFE can be described as very cheap.
- Based on the Price/Forward Earnings ratio, SAFE is valued cheaper than 100.00% of the companies in the same industry.
- SAFE is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.13, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.12 | ||
| Fwd PE | 7.7 |
4.2 Price Multiples
- The rest of the industry has a similar Enterprise Value to EBITDA ratio as SAFE.
- 78.57% of the companies in the same industry are more expensive than SAFE, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.23 | ||
| EV/EBITDA | 17.39 |
4.3 Compensation for Growth
- SAFE's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- SAFE has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.5
PEG (5Y)N/A
EPS Next 2Y4.7%
EPS Next 3Y3.96%
5. SAFE Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 5.27%, SAFE is a good candidate for dividend investing.
- SAFE's Dividend Yield is comparable with the industry average which is at 4.65.
- Compared to an average S&P500 Dividend Yield of 1.89, SAFE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.27% |
5.2 History
- The dividend of SAFE decreases each year by -0.78%.
- SAFE has been paying a dividend for at least 10 years, so it has a reliable track record.
- SAFE has decreased its dividend in the last 3 years.
Dividend Growth(5Y)-0.78%
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
- 44.49% of the earnings are spent on dividend by SAFE. This is a bit on the high side, but may be sustainable.
DP44.49%
EPS Next 2Y4.7%
EPS Next 3Y3.96%
SAFE Fundamentals: All Metrics, Ratios and Statistics
13.48
-0.03 (-0.22%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Earnings (Last)02-11 2026-02-11/amc
Earnings (Next)05-04 2026-05-04/amc
Inst Owners65.44%
Inst Owner Change0%
Ins Owners0.71%
Ins Owner Change0.61%
Market Cap967.32M
Revenue(TTM)385.55M
Net Income(TTM)114.47M
Analysts76.47
Price Target20.71 (53.64%)
Short Float %4.91%
Short Ratio7.87
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.27% |
Yearly Dividend0.71
Dividend Growth(5Y)-0.78%
DP44.49%
Div Incr Years0
Div Non Decr Years2
Ex-Date03-31 2026-03-31 (0.177)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.37%
Min EPS beat(2)-1.58%
Max EPS beat(2)2.32%
EPS beat(4)2
Avg EPS beat(4)-0.89%
Min EPS beat(4)-5.51%
Max EPS beat(4)2.32%
EPS beat(8)4
Avg EPS beat(8)0.93%
EPS beat(12)6
Avg EPS beat(12)17.64%
EPS beat(16)9
Avg EPS beat(16)-42.1%
Revenue beat(2)0
Avg Revenue beat(2)-1.17%
Min Revenue beat(2)-1.32%
Max Revenue beat(2)-1.02%
Revenue beat(4)0
Avg Revenue beat(4)-1.13%
Min Revenue beat(4)-2.18%
Max Revenue beat(4)-0.02%
Revenue beat(8)1
Avg Revenue beat(8)-0.63%
Revenue beat(12)4
Avg Revenue beat(12)4.8%
Revenue beat(16)6
Avg Revenue beat(16)12.09%
PT rev (1m)0.5%
PT rev (3m)1%
EPS NQ rev (1m)-1.91%
EPS NQ rev (3m)-3.46%
EPS NY rev (1m)0%
EPS NY rev (3m)1.18%
Revenue NQ rev (1m)-0.27%
Revenue NQ rev (3m)-1.68%
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)-1.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.12 | ||
| Fwd PE | 7.7 | ||
| P/S | 2.51 | ||
| P/FCF | 20.23 | ||
| P/OCF | 20.23 | ||
| P/B | 0.4 | ||
| P/tB | 0.44 | ||
| EV/EBITDA | 17.39 |
EPS(TTM)1.66
EY12.31%
EPS(NY)1.75
Fwd EY12.98%
FCF(TTM)0.67
FCFY4.94%
OCF(TTM)0.67
OCFY4.94%
SpS5.37
BVpS33.56
TBVpS30.71
PEG (NY)1.5
PEG (5Y)N/A
Graham Number35.4
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.58% | ||
| ROE | 4.75% | ||
| ROCE | 4.35% | ||
| ROIC | 3.44% | ||
| ROICexc | 3.45% | ||
| ROICexgc | 3.57% | ||
| OM | 80.27% | ||
| PM (TTM) | 29.69% | ||
| GM | 98.77% | ||
| FCFM | 12.4% |
ROA(3y)0.76%
ROA(5y)1.22%
ROE(3y)2.27%
ROE(5y)4.34%
ROIC(3y)3.35%
ROIC(5y)3.08%
ROICexc(3y)3.36%
ROICexc(5y)3.31%
ROICexgc(3y)3.49%
ROICexgc(5y)3.44%
ROCE(3y)4.24%
ROCE(5y)3.89%
ROICexgc growth 3Y-4.29%
ROICexgc growth 5Y11.23%
ROICexc growth 3Y-3.47%
ROICexc growth 5Y11.74%
OM growth 3Y1.08%
OM growth 5Y30.85%
PM growth 3Y-16%
PM growth 5YN/A
GM growth 3Y-0.03%
GM growth 5Y13.03%
F-Score4
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.9 | ||
| Debt/FCF | 95.91 | ||
| Debt/EBITDA | 14.42 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 1.78 | ||
| Cash Conversion | 15.03% | ||
| Profit Quality | 41.77% | ||
| Current Ratio | 14.29 | ||
| Quick Ratio | 14.27 | ||
| Altman-Z | 0.66 |
F-Score4
WACC5.38%
ROIC/WACC0.64
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)5.73%
EPS 3Y-66.04%
EPS 5Y-13.23%
EPS Q2Q%16.67%
EPS Next Y5.42%
EPS Next 2Y4.7%
EPS Next 3Y3.96%
EPS Next 5Y3.04%
Revenue 1Y (TTM)5.43%
Revenue growth 3Y12.57%
Revenue growth 5Y-6.2%
Sales Q2Q%6.53%
Revenue Next Year2.42%
Revenue Next 2Y3.36%
Revenue Next 3Y4.76%
Revenue Next 5Y7.07%
EBIT growth 1Y8.54%
EBIT growth 3Y13.79%
EBIT growth 5Y22.74%
EBIT Next Year6.25%
EBIT Next 3Y6.82%
EBIT Next 5Y9.36%
FCF growth 1Y26.31%
FCF growth 3Y-9.66%
FCF growth 5YN/A
OCF growth 1Y26.31%
OCF growth 3Y-9.66%
OCF growth 5Y16.9%
SAFEHOLD INC / SAFE Fundamental Analysis FAQ
Can you provide the ChartMill fundamental rating for SAFEHOLD INC?
ChartMill assigns a fundamental rating of 5 / 10 to SAFE.
What is the valuation status of SAFEHOLD INC (SAFE) stock?
ChartMill assigns a valuation rating of 7 / 10 to SAFEHOLD INC (SAFE). This can be considered as Undervalued.
How profitable is SAFEHOLD INC (SAFE) stock?
SAFEHOLD INC (SAFE) has a profitability rating of 6 / 10.
What is the valuation of SAFEHOLD INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for SAFEHOLD INC (SAFE) is 8.12 and the Price/Book (PB) ratio is 0.4.
What is the expected EPS growth for SAFEHOLD INC (SAFE) stock?
The Earnings per Share (EPS) of SAFEHOLD INC (SAFE) is expected to grow by 5.42% in the next year.