SAFEHOLD INC (SAFE) Fundamental Analysis & Valuation
NYSE:SAFE • US78646V1070
Current stock price
13.93 USD
-0.26 (-1.83%)
At close:
13.93 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
- In the past year SAFE was profitable.
- In the past year SAFE had a positive cash flow from operations.
- SAFE had positive earnings in 4 of the past 5 years.
- Each year in the past 5 years SAFE had a positive operating cash flow.
1.2 Ratios
- SAFE's Return On Assets of 1.58% is on the low side compared to the rest of the industry. SAFE is outperformed by 60.71% of its industry peers.
- SAFE's Return On Equity of 4.75% is in line compared to the rest of the industry. SAFE outperforms 46.43% of its industry peers.
- 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.
- SAFE had an Average Return On Invested Capital over the past 3 years of 3.35%. This is in line with the industry average of 5.10%.
- The 3 year average ROIC (3.35%) for SAFE is below the current ROIC(3.44%), indicating increased profibility in the last year.
| 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
- SAFE has a Profit Margin of 29.69%. This is in the better half of the industry: SAFE outperforms 67.86% 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 80.27%, 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.
- With an excellent Gross Margin value of 98.77%, SAFE belongs to the best of the industry, outperforming 96.43% of the companies in the same industry.
- In the last couple of years the Gross Margin of SAFE has grown nicely.
| 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
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), SAFE is destroying value.
- Compared to 1 year ago, SAFE has more shares outstanding
- SAFE has less shares outstanding than it did 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's Altman-Z score of 0.66 is on the low side compared to the rest of the industry. SAFE is outperformed by 64.29% 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 of 95.91. This is comparable to the rest of the industry: SAFE outperforms 42.86% of its industry peers.
- SAFE has a Debt/Equity ratio of 1.90. This is a high value indicating a heavy dependency on external financing.
- SAFE's Debt to Equity ratio of 1.90 is in line compared to the rest of the industry. SAFE outperforms 42.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.9 | ||
| Debt/FCF | 95.91 | ||
| Altman-Z | 0.66 |
ROIC/WACC0.63
WACC5.44%
2.3 Liquidity
- SAFE has a Current Ratio of 14.29. This indicates that SAFE is financially healthy and has no problem in meeting its short term obligations.
- Looking at the Current ratio, with a value of 14.29, SAFE belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
- 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.
- The Quick ratio of SAFE (14.27) is better than 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 14.29 | ||
| Quick Ratio | 14.27 |
3. SAFE Growth Analysis
3.1 Past
- The Earnings Per Share has been growing slightly by 5.73% over the past year.
- SAFE shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -13.23% yearly.
- SAFE shows a small growth in Revenue. In the last year, the Revenue has grown by 5.43%.
- Measured over the past years, SAFE shows a decrease in Revenue. The Revenue has been decreasing by -6.20% on average per year.
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
- SAFE is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.04% yearly.
- The Revenue is expected to grow by 7.07% on average over the next years.
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
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- 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 8.39.
- Compared to the rest of the industry, the Price/Earnings ratio of SAFE indicates a rather cheap valuation: SAFE is cheaper than 100.00% of the companies listed in the same industry.
- SAFE is valuated cheaply when we compare the Price/Earnings ratio to 25.50, which is the current average of the S&P500 Index.
- Based on the Price/Forward Earnings ratio of 7.96, the valuation of SAFE can be described as very cheap.
- 100.00% of the companies in the same industry are more expensive than SAFE, based on the Price/Forward Earnings ratio.
- When comparing the Price/Forward Earnings ratio of SAFE to the average of the S&P500 Index (22.67), we can say SAFE is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.39 | ||
| Fwd PE | 7.96 |
4.2 Price Multiples
- The rest of the industry has a similar Enterprise Value to EBITDA ratio as SAFE.
- Based on the Price/Free Cash Flow ratio, SAFE is valued a bit cheaper than the industry average as 71.43% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.91 | ||
| EV/EBITDA | 17.55 |
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)1.55
PEG (5Y)N/A
EPS Next 2Y4.7%
EPS Next 3Y3.96%
5. SAFE Dividend Analysis
5.1 Amount
- SAFE has a Yearly Dividend Yield of 4.90%, which is a nice return.
- Compared to an average industry Dividend Yield of 5.52, SAFE has a dividend in line with its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.89, SAFE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.9% |
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 recently.
Dividend Growth(5Y)-0.78%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
- SAFE pays out 44.49% of its income as dividend. 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
13.93
-0.26 (-1.83%)
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 Change0.74%
Market Cap999.62M
Revenue(TTM)385.55M
Net Income(TTM)114.47M
Analysts76.47
Price Target20.6 (47.88%)
Short Float %5.15%
Short Ratio7.56
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.9% |
Yearly Dividend0.71
Dividend Growth(5Y)-0.78%
DP44.49%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
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)1.51%
PT rev (3m)-0.98%
EPS NQ rev (1m)-5.94%
EPS NQ rev (3m)-0.67%
EPS NY rev (1m)-1.07%
EPS NY rev (3m)3.45%
Revenue NQ rev (1m)-0.38%
Revenue NQ rev (3m)-1.12%
Revenue NY rev (1m)-1.34%
Revenue NY rev (3m)-0.96%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.39 | ||
| Fwd PE | 7.96 | ||
| P/S | 2.59 | ||
| P/FCF | 20.91 | ||
| P/OCF | 20.91 | ||
| P/B | 0.42 | ||
| P/tB | 0.45 | ||
| EV/EBITDA | 17.55 |
EPS(TTM)1.66
EY11.92%
EPS(NY)1.75
Fwd EY12.56%
FCF(TTM)0.67
FCFY4.78%
OCF(TTM)0.67
OCFY4.78%
SpS5.37
BVpS33.56
TBVpS30.71
PEG (NY)1.55
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
WACC5.44%
ROIC/WACC0.63
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.
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 4 / 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 5.42% in the next year.