SAFEHOLD INC (SAFE) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:SAFE - US78646V1070 - REIT
13.98 USD
+0.11 (+0.79%)
Taking everything into account, SAFE scores 5 out of 10 in our fundamental rating. SAFE was compared to 30 industry peers in the Specialized REITs industry. SAFE has only an average score on both its financial health and profitability. 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's Return On Equity of 4.71% is in line compared to the rest of the industry. SAFE outperforms 50.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 3.41%, SAFE is doing worse than 60.00% 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 4.78%.
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 Profit Margin of 29.67%. This is in the better half of the industry: SAFE outperforms 73.33% of its industry peers.
In the last couple of years the Profit Margin of SAFE has declined.
SAFE has a better Operating Margin (79.87%) than 96.67% of its industry peers.
SAFE's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 98.82%, 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 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.
Compared to 1 year ago, SAFE has more shares outstanding
The number of shares outstanding for SAFE has been reduced compared to 5 years ago.
Compared to 1 year ago, SAFE has a worse debt to assets ratio.
2.2 Solvency
SAFE has an Altman-Z score of 0.66. This is a bad value and indicates that SAFE is not financially healthy and even has some risk of bankruptcy.
SAFE has a worse Altman-Z score (0.66) than 63.33% of its industry peers.
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's Debt to FCF ratio of 104.03 is in line compared to the rest of the industry. SAFE outperforms 43.33% of its industry peers.
SAFE has a Debt/Equity ratio of 1.89. This is a high value indicating a heavy dependency on external financing.
SAFE's Debt to Equity ratio of 1.89 is on the low side compared to the rest of the industry. SAFE is outperformed by 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.89 | ||
| Debt/FCF | 104.03 | ||
| Altman-Z | 0.66 |
ROIC/WACC0.62
WACC5.51%
2.3 Liquidity
A Current Ratio of 14.87 indicates that SAFE has no problem at all paying 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's Quick ratio of 14.85 is amongst the best of 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.
The Revenue has been growing slightly by 0.72% in the past year.
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
The Earnings Per Share is expected to grow by 4.71% on average over the next years.
Based on estimates for the next years, SAFE will show a quite strong growth in Revenue. The Revenue will grow by 8.71% on average per year.
EPS Next Y6.59%
EPS Next 2Y3.8%
EPS Next 3Y2.71%
EPS Next 5Y4.71%
Revenue Next Year6.04%
Revenue Next 2Y4.79%
Revenue Next 3Y4.08%
Revenue Next 5Y8.71%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 8.74, the valuation of SAFE can be described as reasonable.
96.67% of the companies in the same industry are more expensive than SAFE, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of SAFE to the average of the S&P500 Index (26.59), we can say SAFE is valued rather cheaply.
A Price/Forward Earnings ratio of 8.26 indicates a reasonable valuation of SAFE.
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.
The average S&P500 Price/Forward Earnings ratio is at 23.80. SAFE is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.74 | ||
| Fwd PE | 8.26 |
4.2 Price Multiples
SAFE's Enterprise Value to EBITDA is on the same level as the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as SAFE.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.12 | ||
| EV/EBITDA | 17.61 |
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)1.33
PEG (5Y)N/A
EPS Next 2Y3.8%
EPS Next 3Y2.71%
5. Dividend
5.1 Amount
SAFE has a Yearly Dividend Yield of 5.29%, which is a nice return.
Compared to an average industry Dividend Yield of 6.05, SAFE has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.31, SAFE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.29% |
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
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 2Y3.8%
EPS Next 3Y2.71%
NYSE:SAFE (12/11/2025, 2:01:53 PM)
13.98
+0.11 (+0.79%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Earnings (Last)
Earnings (Next)
Inst Owners66.43%
Inst Owner Change0%
Ins Owners0.57%
Ins Owner Change0.42%
Market Cap1.00B
Revenue(TTM)379.55M
Net Income(TTM)112.63M
Analysts77.65
Price Target20.81 (48.86%)
Short Float %6.56%
Short Ratio9.21
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.29% |
Yearly Dividend0.71
Dividend Growth(5Y)-2.09%
DP45.17%
Div Incr Years0
Div Non Decr Years1
Ex-Date
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)-1.92%
PT rev (3m)-4.37%
EPS NQ rev (1m)4.01%
EPS NQ rev (3m)3.44%
EPS NY rev (1m)2.17%
EPS NY rev (3m)1.46%
Revenue NQ rev (1m)-0.06%
Revenue NQ rev (3m)0.06%
Revenue NY rev (1m)0.26%
Revenue NY rev (3m)0.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.74 | ||
| Fwd PE | 8.26 | ||
| P/S | 2.64 | ||
| P/FCF | 23.12 | ||
| P/OCF | 23.12 | ||
| P/B | 0.42 | ||
| P/tB | 0.46 | ||
| EV/EBITDA | 17.61 |
EPS(TTM)1.6
EY11.44%
EPS(NY)1.69
Fwd EY12.1%
FCF(TTM)0.6
FCFY4.33%
OCF(TTM)0.6
OCFY4.33%
SpS5.29
BVpS33.31
TBVpS30.44
PEG (NY)1.33
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 | 0.66 |
F-Score4
WACC5.51%
ROIC/WACC0.62
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 Y6.59%
EPS Next 2Y3.8%
EPS Next 3Y2.71%
EPS Next 5Y4.71%
Revenue 1Y (TTM)0.72%
Revenue growth 3Y25.05%
Revenue growth 5Y-5.28%
Sales Q2Q%6.02%
Revenue Next Year6.04%
Revenue Next 2Y4.79%
Revenue Next 3Y4.08%
Revenue Next 5Y8.71%
EBIT growth 1Y3.07%
EBIT growth 3Y25.23%
EBIT growth 5Y23.09%
EBIT Next Year38.44%
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 for 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.
What is the financial health of SAFEHOLD INC (SAFE) stock?
The financial health rating of SAFEHOLD INC (SAFE) is 4 / 10.
What is the earnings growth outlook for SAFEHOLD INC?
The Earnings per Share (EPS) of SAFEHOLD INC (SAFE) is expected to grow by 6.59% in the next year.