SAFEHOLD INC (SAFE) Stock Fundamental Analysis
USA • New York Stock Exchange • NYSE:SAFE • US78646V1070
14.8 USD
+0.23 (+1.58%)
At close: Feb 5, 2026
14.8 USD
0 (0%)
After Hours: 2/5/2026, 8:04:00 PM
SAFE gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 30 industry peers in the Specialized REITs industry. SAFE has an average financial health and profitability rating. SAFE has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
- SAFE had positive earnings in the past year.
- In the past year SAFE had a positive cash flow from operations.
- In multiple years SAFE reported negative net income over the last 5 years.
- SAFE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- The Return On Assets of SAFE (1.58%) is worse than 60.00% of its industry peers.
- SAFE has a Return On Equity (4.71%) which is in line with its industry peers.
- With a Return On Invested Capital value of 3.41%, SAFE perfoms like the industry average, outperforming 43.33% of the companies in the same industry.
- SAFE had an Average Return On Invested Capital over the past 3 years of 3.16%. This is in line with the industry average of 4.81%.
- The last Return On Invested Capital (3.41%) for SAFE is above the 3 year average (3.16%), which is a sign of increasing profitability.
| 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
- SAFE has a better Profit Margin (29.67%) than 73.33% of its industry peers.
- SAFE's Profit Margin has declined in the last couple of years.
- SAFE has a Operating Margin of 79.87%. This is amongst the best in the industry. SAFE outperforms 96.67% of its industry peers.
- SAFE's Operating Margin has improved in the last couple of years.
- SAFE's Gross Margin of 98.82% is amongst the best of the industry. SAFE outperforms 96.67% of its industry peers.
- SAFE's Gross Margin has improved in the last couple of years.
| 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
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), SAFE is destroying value.
- The number of shares outstanding for SAFE has been increased compared to 1 year ago.
- Compared to 5 years ago, SAFE has less shares outstanding
- SAFE has a worse debt/assets ratio than last year.
2.2 Solvency
- SAFE has an Altman-Z score of 0.67. This is a bad value and indicates that SAFE is not financially healthy and even has some risk of bankruptcy.
- Looking at the Altman-Z score, with a value of 0.67, SAFE is in line with its industry, outperforming 43.33% of the companies in the same industry.
- The Debt to FCF ratio of SAFE is 104.03, which is on the high side as it means it would take SAFE, 104.03 years of fcf income to pay off all of its debts.
- SAFE has a Debt to FCF ratio of 104.03. This is comparable to the rest of the industry: SAFE outperforms 43.33% of its industry peers.
- 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 of 1.89. This is in the lower half of the industry: SAFE underperforms 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.89 | ||
| Debt/FCF | 104.03 | ||
| Altman-Z | 0.67 |
ROIC/WACC0.6
WACC5.66%
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.
- SAFE has a Quick Ratio of 14.85. This indicates that SAFE is financially healthy and has no problem in meeting its short term obligations.
- SAFE has a Quick ratio of 14.85. This is amongst the best in the industry. SAFE outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 14.87 | ||
| Quick Ratio | 14.85 |
3. Growth
3.1 Past
- The Earnings Per Share has been growing slightly by 1.91% 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 -41.29% yearly.
- SAFE shows a small growth in Revenue. In the last year, the Revenue has grown by 0.72%.
- The Revenue has been decreasing by -5.28% on average over the past years.
EPS 1Y (TTM)1.91%
EPS 3Y-58.56%
EPS 5Y-41.29%
EPS Q2Q%10.81%
Revenue 1Y (TTM)0.72%
Revenue growth 3Y25.05%
Revenue growth 5Y-5.28%
Sales Q2Q%6.02%
3.2 Future
- Based on estimates for the next years, SAFE will show a small growth in Earnings Per Share. The EPS will grow by 4.71% on average per year.
- Based on estimates for the next years, SAFE will show a quite strong growth in Revenue. The Revenue will grow by 8.99% on average per year.
EPS Next Y6.91%
EPS Next 2Y6.15%
EPS Next 3Y4.38%
EPS Next 5Y4.71%
Revenue Next Year6.19%
Revenue Next 2Y5.51%
Revenue Next 3Y5.14%
Revenue Next 5Y8.99%
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. Valuation
4.1 Price/Earnings Ratio
- SAFE is valuated reasonably with a Price/Earnings ratio of 9.25.
- 96.67% of the companies in the same industry are more expensive than SAFE, based on the Price/Earnings ratio.
- Compared to an average S&P500 Price/Earnings ratio of 27.67, SAFE is valued rather cheaply.
- With a Price/Forward Earnings ratio of 8.37, the valuation of SAFE can be described as very reasonable.
- 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 27.20, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.25 | ||
| Fwd PE | 8.37 |
4.2 Price Multiples
- SAFE's Enterprise Value to EBITDA ratio is in line with the industry average.
- SAFE's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.48 | ||
| EV/EBITDA | 17.83 |
4.3 Compensation for Growth
- SAFE's 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)1.34
PEG (5Y)N/A
EPS Next 2Y6.15%
EPS Next 3Y4.38%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 5.02%, SAFE is a good candidate for dividend investing.
- 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 1.82, SAFE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.02% |
5.2 History
- The dividend of SAFE decreases each year by -2.09%.
- SAFE has paid a dividend for at least 10 years, which is 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
- 45.17% of the earnings are spent on dividend by SAFE. This is a bit on the high side, but may be sustainable.
DP45.17%
EPS Next 2Y6.15%
EPS Next 3Y4.38%
14.8
+0.23 (+1.58%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Earnings (Last)11-05 2025-11-05/amc
Earnings (Next)02-11 2026-02-11/amc
Inst Owners65.7%
Inst Owner Change0%
Ins Owners0.7%
Ins Owner Change0.38%
Market Cap1.06B
Revenue(TTM)379.55M
Net Income(TTM)112.63M
Analysts77.65
Price Target20.3 (37.16%)
Short Float %5.09%
Short Ratio6.24
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.02% |
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)0%
PT rev (3m)-3.37%
EPS NQ rev (1m)0.94%
EPS NQ rev (3m)6.5%
EPS NY rev (1m)0%
EPS NY rev (3m)2.74%
Revenue NQ rev (1m)0.22%
Revenue NQ rev (3m)0.28%
Revenue NY rev (1m)0.09%
Revenue NY rev (3m)0.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.25 | ||
| Fwd PE | 8.37 | ||
| P/S | 2.8 | ||
| P/FCF | 24.48 | ||
| P/OCF | 24.48 | ||
| P/B | 0.44 | ||
| P/tB | 0.49 | ||
| EV/EBITDA | 17.83 |
EPS(TTM)1.6
EY10.81%
EPS(NY)1.77
Fwd EY11.95%
FCF(TTM)0.6
FCFY4.09%
OCF(TTM)0.6
OCFY4.09%
SpS5.29
BVpS33.31
TBVpS30.44
PEG (NY)1.34
PEG (5Y)N/A
Graham Number34.63
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 | 0.67 |
F-Score4
WACC5.66%
ROIC/WACC0.6
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)1.91%
EPS 3Y-58.56%
EPS 5Y-41.29%
EPS Q2Q%10.81%
EPS Next Y6.91%
EPS Next 2Y6.15%
EPS Next 3Y4.38%
EPS Next 5Y4.71%
Revenue 1Y (TTM)0.72%
Revenue growth 3Y25.05%
Revenue growth 5Y-5.28%
Sales Q2Q%6.02%
Revenue Next Year6.19%
Revenue Next 2Y5.51%
Revenue Next 3Y5.14%
Revenue Next 5Y8.99%
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 6 / 10 to SAFEHOLD INC (SAFE). This can be considered as Fairly Valued.
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 6.91% in the next year.