SAFEHOLD INC (SAFE) Stock Fundamental Analysis
NYSE:SAFE • US78646V1070
15.76 USD
-0.35 (-2.17%)
Last: Feb 18, 2026, 12:32 PM
We assign a fundamental rating of 5 out of 10 to SAFE. SAFE was compared to 28 industry peers in the Specialized REITs industry. SAFE has an average financial health and profitability rating. SAFE is cheap, but on the other hand it scores bad on growth. With these ratings, SAFE could be worth investigating further for value investing!.
1. Profitability
1.1 Basic Checks
- In the past year SAFE was profitable.
- In the past year SAFE had a positive cash flow from operations.
- The reported net income has been mixed in the past 5 years: SAFE reported negative net income in multiple years.
- Of the past 5 years SAFE 4 years had a positive operating cash flow.
1.2 Ratios
- Looking at the Return On Assets, with a value of 1.58%, SAFE is doing worse than 60.71% of the companies in the same industry.
- SAFE has a Return On Equity of 4.71%. This is comparable to the rest of the industry: SAFE outperforms 46.43% of its industry peers.
- SAFE has a Return On Invested Capital of 3.41%. This is comparable to the rest of the industry: SAFE outperforms 42.86% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for SAFE is in line with the industry average of 4.75%.
- The 3 year average ROIC (3.16%) for SAFE is below the current ROIC(3.41%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.58% | ||
| ROE | 4.71% | ||
| ROIC | 3.41% |
ROA(3y)1%
ROA(5y)0.63%
ROE(3y)2.79%
ROE(5y)1.88%
ROIC(3y)3.16%
ROIC(5y)2.78%
1.3 Margins
- The Profit Margin of SAFE (29.67%) is better than 71.43% of its industry peers.
- SAFE's Profit Margin has declined in the last couple of years.
- Looking at the Operating Margin, with a value of 79.87%, SAFE belongs to the top of the industry, outperforming 96.43% of the companies in the same industry.
- SAFE's Operating Margin has improved in the last couple of years.
- SAFE has a Gross Margin of 98.82%. This is amongst the best in the industry. SAFE outperforms 96.43% of its industry peers.
- In the last couple of years the Gross Margin of SAFE has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 79.87% | ||
| PM (TTM) | 29.67% | ||
| GM | 98.82% |
OM growth 3Y0.15%
OM growth 5Y29.95%
PM growth 3Y-9.56%
PM growth 5Y-13.81%
GM growth 3Y0.09%
GM growth 5Y11.05%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SAFE is destroying value.
- SAFE has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
- SAFE has an Altman-Z score of 0.68. This is a bad value and indicates that SAFE is not financially healthy and even has some risk of bankruptcy.
- SAFE has a Altman-Z score of 0.68. This is comparable to the rest of the industry: SAFE outperforms 50.00% of its industry peers.
- SAFE has a debt to FCF ratio of 104.03. This is a negative value and a sign of low solvency as SAFE would need 104.03 years to pay back of all of its debts.
- Looking at the Debt to FCF ratio, with a value of 104.03, SAFE is in line with its industry, outperforming 42.86% of the companies in the same industry.
- A Debt/Equity ratio of 1.89 is on the high side and indicates that SAFE has dependencies on debt financing.
- SAFE has a Debt to Equity ratio (1.89) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.89 | ||
| Debt/FCF | 104.03 | ||
| Altman-Z | 0.68 |
ROIC/WACC0.59
WACC5.79%
2.3 Liquidity
- SAFE has a Current Ratio of 14.87. This indicates that SAFE is financially healthy and has no problem in meeting its short term obligations.
- With an excellent Current ratio value of 14.87, SAFE belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
- A Quick Ratio of 14.85 indicates that SAFE has no problem at all paying its short term obligations.
- With an excellent Quick ratio value of 14.85, SAFE belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 14.87 | ||
| Quick Ratio | 14.85 |
3. Growth
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.
EPS 1Y (TTM)5.73%
EPS 3Y-66.04%
EPS 5Y-13.23%
EPS Q2Q%16.67%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%6.53%
3.2 Future
- SAFE is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.36% yearly.
- The Revenue is expected to grow by 10.02% on average over the next years. This is quite good.
EPS Next Y6.56%
EPS Next 2Y3.71%
EPS Next 3Y4.36%
EPS Next 5YN/A
Revenue Next Year3.81%
Revenue Next 2Y4.15%
Revenue Next 3Y5.27%
Revenue Next 5Y10.02%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- SAFE is valuated reasonably with a Price/Earnings ratio of 9.49.
- SAFE's Price/Earnings ratio is rather cheap when compared to the industry. SAFE is cheaper than 96.43% of the companies in the same industry.
- When comparing the Price/Earnings ratio of SAFE to the average of the S&P500 Index (27.16), we can say SAFE is valued rather cheaply.
- SAFE is valuated reasonably with a Price/Forward Earnings ratio of 8.91.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of SAFE indicates a rather cheap valuation: SAFE is cheaper than 100.00% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 28.10, SAFE is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.49 | ||
| Fwd PE | 8.91 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SAFE indicates a somewhat cheap valuation: SAFE is cheaper than 67.86% of the companies listed in the same industry.
- Based on the Price/Free Cash Flow ratio, SAFE is valued a bit cheaper than the industry average as 64.29% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.06 | ||
| EV/EBITDA | 18.13 |
4.3 Compensation for Growth
- The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- The decent profitability rating of SAFE may justify a higher PE ratio.
PEG (NY)1.45
PEG (5Y)N/A
EPS Next 2Y3.71%
EPS Next 3Y4.36%
5. Dividend
5.1 Amount
- SAFE has a Yearly Dividend Yield of 4.39%, which is a nice return.
- Compared to an average industry Dividend Yield of 5.39, SAFE is paying slightly less dividend.
- Compared to an average S&P500 Dividend Yield of 1.82, SAFE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.39% |
5.2 History
- The dividend of SAFE decreases each year by -2.09%.
- SAFE has been paying a dividend for at least 10 years, so it has a reliable track record.
- SAFE has decreased its dividend recently.
Dividend Growth(5Y)-2.09%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
- SAFE pays out 45.17% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP45.17%
EPS Next 2Y3.71%
EPS Next 3Y4.36%
NYSE:SAFE (2/18/2026, 12:32:50 PM)
15.76
-0.35 (-2.17%)
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 Owners65.7%
Inst Owner Change0%
Ins Owners0.7%
Ins Owner Change0.38%
Market Cap1.13B
Revenue(TTM)N/A
Net Income(TTM)112.63M
Analysts76.47
Price Target20.3 (28.81%)
Short Float %5.09%
Short Ratio6.37
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.39% |
Yearly Dividend0.71
Dividend Growth(5Y)-2.09%
DP45.17%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.6%
Min EPS beat(2)-5.51%
Max EPS beat(2)2.32%
EPS beat(4)2
Avg EPS beat(4)-1.28%
Min EPS beat(4)-5.51%
Max EPS beat(4)2.32%
EPS beat(8)5
Avg EPS beat(8)1.36%
EPS beat(12)6
Avg EPS beat(12)-124.22%
EPS beat(16)10
Avg EPS beat(16)2.76%
Revenue beat(2)0
Avg Revenue beat(2)-1.75%
Min Revenue beat(2)-2.18%
Max Revenue beat(2)-1.32%
Revenue beat(4)0
Avg Revenue beat(4)-1.44%
Min Revenue beat(4)-2.26%
Max Revenue beat(4)-0.02%
Revenue beat(8)2
Avg Revenue beat(8)1.69%
Revenue beat(12)4
Avg Revenue beat(12)2.14%
Revenue beat(16)6
Avg Revenue beat(16)8.96%
PT rev (1m)-1%
PT rev (3m)-4.33%
EPS NQ rev (1m)0.94%
EPS NQ rev (3m)6.5%
EPS NY rev (1m)-0.26%
EPS NY rev (3m)2.47%
Revenue NQ rev (1m)0.22%
Revenue NQ rev (3m)0.16%
Revenue NY rev (1m)0.1%
Revenue NY rev (3m)0.4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.49 | ||
| Fwd PE | 8.91 | ||
| P/S | 2.98 | ||
| P/FCF | 26.06 | ||
| P/OCF | 26.06 | ||
| P/B | 0.47 | ||
| P/tB | 0.52 | ||
| EV/EBITDA | 18.13 |
EPS(TTM)1.66
EY10.53%
EPS(NY)1.77
Fwd EY11.22%
FCF(TTM)0.6
FCFY3.84%
OCF(TTM)0.6
OCFY3.84%
SpS5.29
BVpS33.31
TBVpS30.44
PEG (NY)1.45
PEG (5Y)N/A
Graham Number35.27
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.58% | ||
| ROE | 4.71% | ||
| ROCE | 4.32% | ||
| ROIC | 3.41% | ||
| ROICexc | 3.42% | ||
| ROICexgc | 3.54% | ||
| OM | 79.87% | ||
| PM (TTM) | 29.67% | ||
| GM | 98.82% | ||
| FCFM | 11.43% |
ROA(3y)1%
ROA(5y)0.63%
ROE(3y)2.79%
ROE(5y)1.88%
ROIC(3y)3.16%
ROIC(5y)2.78%
ROICexc(3y)3.48%
ROICexc(5y)3.02%
ROICexgc(3y)3.65%
ROICexgc(5y)3.15%
ROCE(3y)4%
ROCE(5y)3.52%
ROICexgc growth 3Y8.93%
ROICexgc growth 5Y13.72%
ROICexc growth 3Y7.64%
ROICexc growth 5Y14.13%
OM growth 3Y0.15%
OM growth 5Y29.95%
PM growth 3Y-9.56%
PM growth 5Y-13.81%
GM growth 3Y0.09%
GM growth 5Y11.05%
F-Score4
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.89 | ||
| Debt/FCF | 104.03 | ||
| Debt/EBITDA | 14.46 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 13.9% | ||
| Profit Quality | 38.53% | ||
| Current Ratio | 14.87 | ||
| Quick Ratio | 14.85 | ||
| Altman-Z | 0.68 |
F-Score4
WACC5.79%
ROIC/WACC0.59
Cap/Depr(3y)43.87%
Cap/Depr(5y)45.88%
Cap/Sales(3y)1.24%
Cap/Sales(5y)2.88%
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 Y6.56%
EPS Next 2Y3.71%
EPS Next 3Y4.36%
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%6.53%
Revenue Next Year3.81%
Revenue Next 2Y4.15%
Revenue Next 3Y5.27%
Revenue Next 5Y10.02%
EBIT growth 1Y3.07%
EBIT growth 3Y25.23%
EBIT growth 5Y23.09%
EBIT Next Year40.71%
EBIT Next 3Y17.83%
EBIT Next 5Y19.69%
FCF growth 1Y150.34%
FCF growth 3Y12.04%
FCF growth 5YN/A
OCF growth 1Y458.62%
OCF growth 3Y12.04%
OCF growth 5YN/A
SAFEHOLD INC / SAFE 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.
What is the profitability of SAFE stock?
SAFEHOLD INC (SAFE) has a profitability rating of 6 / 10.
Can you provide the financial health for SAFE stock?
The financial health rating of SAFEHOLD INC (SAFE) is 5 / 10.
Can you provide the expected EPS growth for SAFE stock?
The Earnings per Share (EPS) of SAFEHOLD INC (SAFE) is expected to grow by 6.56% in the next year.