SAFEHOLD INC (SAFE) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:SAFE - US78646V1070 - REIT
14.775 USD
-0.21 (-1.37%)
We assign a fundamental rating of 5 out of 10 to SAFE. SAFE was compared to 30 industry peers in the Specialized REITs industry. Both the profitability and the financial health of SAFE get a neutral evaluation. Nothing too spectacular is happening here. SAFE has a decent growth rate and is not valued too expensively.
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
SAFE's Return On Assets of 1.58% is on the low side compared to the rest of the industry. SAFE is outperformed by 60.00% of its industry peers.
SAFE has a Return On Equity of 4.71%. This is comparable to the rest of the industry: SAFE outperforms 50.00% of its industry peers.
The Return On Invested Capital of SAFE (3.41%) is worse than 60.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for SAFE is in line with the industry average of 4.86%.
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
Looking at the Profit Margin, with a value of 29.67%, SAFE is in the better half of the industry, outperforming 73.33% of the companies in the same industry.
In the last couple of years the Profit Margin of SAFE has declined.
With an excellent Operating Margin value of 79.87%, SAFE belongs to the best of the industry, outperforming 96.67% of the companies in the same industry.
In the last couple of years the Operating Margin of SAFE has grown nicely.
Looking at the Gross Margin, with a value of 98.82%, SAFE belongs to the top of the industry, outperforming 96.67% 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 | 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.
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
Based on the Altman-Z score of 0.67, we must say that SAFE is in the distress zone and has some risk of bankruptcy.
SAFE has a Altman-Z score of 0.67. This is in the lower half of the industry: SAFE underperforms 60.00% 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 43.33% 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 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.
SAFE's Current ratio of 14.87 is amongst the best of the industry. SAFE outperforms 100.00% of its industry peers.
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 better Quick ratio (14.85) than 100.00% of its industry peers.
| 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 1.91%.
Measured over the past years, SAFE shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -41.29% on average per year.
Looking at the last year, SAFE shows a small growth in Revenue. The Revenue has grown by 0.72% in the last year.
SAFE shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -5.28% yearly.
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
SAFE is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.71% yearly.
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 Y7.18%
EPS Next 2Y4.96%
EPS Next 3Y3.13%
EPS Next 5Y4.71%
Revenue Next Year6.08%
Revenue Next 2Y4.85%
Revenue Next 3Y4.18%
Revenue Next 5Y8.99%
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. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 9.23, which indicates a very decent valuation of SAFE.
Based on the Price/Earnings ratio, SAFE is valued cheaper than 96.67% of the companies in the same industry.
When comparing the Price/Earnings ratio of SAFE to the average of the S&P500 Index (27.25), we can say SAFE is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 8.54, the valuation of SAFE can be described as reasonable.
SAFE's Price/Forward Earnings ratio is rather cheap when compared to the industry. SAFE is cheaper than 100.00% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.98, SAFE is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.23 | ||
| Fwd PE | 8.54 |
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 | 24.43 | ||
| EV/EBITDA | 17.87 |
4.3 Compensation for Growth
The 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)1.29
PEG (5Y)N/A
EPS Next 2Y4.96%
EPS Next 3Y3.13%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.83%, SAFE is a good candidate for dividend investing.
SAFE's Dividend Yield is comparable with the industry average which is at 5.69.
Compared to an average S&P500 Dividend Yield of 1.92, SAFE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.83% |
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.
The dividend of SAFE decreased 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 2Y4.96%
EPS Next 3Y3.13%
NYSE:SAFE (1/13/2026, 10:18:13 AM)
14.775
-0.21 (-1.37%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Earnings (Last)
Earnings (Next)
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 Target20.5 (38.75%)
Short Float %6.17%
Short Ratio7.63
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.83% |
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)-1.47%
PT rev (3m)-5.29%
EPS NQ rev (1m)1.44%
EPS NQ rev (3m)4.94%
EPS NY rev (1m)0.56%
EPS NY rev (3m)2.24%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.29%
Revenue NY rev (1m)0.04%
Revenue NY rev (3m)0.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.23 | ||
| Fwd PE | 8.54 | ||
| P/S | 2.79 | ||
| P/FCF | 24.43 | ||
| P/OCF | 24.43 | ||
| P/B | 0.44 | ||
| P/tB | 0.49 | ||
| EV/EBITDA | 17.87 |
EPS(TTM)1.6
EY10.83%
EPS(NY)1.73
Fwd EY11.71%
FCF(TTM)0.6
FCFY4.09%
OCF(TTM)0.6
OCFY4.09%
SpS5.29
BVpS33.31
TBVpS30.44
PEG (NY)1.29
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 Y7.18%
EPS Next 2Y4.96%
EPS Next 3Y3.13%
EPS Next 5Y4.71%
Revenue 1Y (TTM)0.72%
Revenue growth 3Y25.05%
Revenue growth 5Y-5.28%
Sales Q2Q%6.02%
Revenue Next Year6.08%
Revenue Next 2Y4.85%
Revenue Next 3Y4.18%
Revenue Next 5Y8.99%
EBIT growth 1Y3.07%
EBIT growth 3Y25.23%
EBIT growth 5Y23.09%
EBIT Next Year39.01%
EBIT Next 3Y17.44%
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 7.18% in the next year.