SAFEHOLD INC (SAFE) Stock Fundamental Analysis
NYSE:SAFE • US78646V1070
16.14 USD
-0.22 (-1.34%)
At close: Feb 27, 2026
16.12 USD
-0.02 (-0.12%)
After Hours: 2/27/2026, 8:04:00 PM
Overall SAFE gets a fundamental rating of 5 out of 10. We evaluated SAFE against 28 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 is cheap, but on the other hand it scores bad on growth. These ratings could make SAFE a good candidate for value investing.
1. Profitability
1.1 Basic Checks
- SAFE had positive earnings in the past year.
- SAFE had a positive operating cash flow in the past year.
- In multiple years SAFE reported negative net income over the last 5 years.
- Of the past 5 years SAFE 4 years had a positive operating cash flow.
1.2 Ratios
- The Return On Assets of SAFE (1.58%) is worse than 60.71% of its industry peers.
- With a Return On Equity value of 4.71%, SAFE perfoms like the industry average, outperforming 46.43% of the companies in the same industry.
- 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 4.97%.
- 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's Profit Margin of 29.67% is fine compared to the rest of the industry. SAFE outperforms 71.43% of its industry peers.
- In the last couple of years the Profit Margin of SAFE has declined.
- 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.
- 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
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SAFE is destroying value.
- There is no outstanding debt for SAFE. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
- Based on the Altman-Z score of 0.68, we must say that SAFE is in the distress zone and has some risk of bankruptcy.
- SAFE has a Altman-Z score (0.68) which is comparable to the rest of the industry.
- 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.
- SAFE has a Debt to FCF ratio (104.03) which is in line with 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 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
WACC5.78%
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.
- 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%.
- SAFE shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -13.23% yearly.
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
- Based on estimates for the next years, SAFE will show a small growth in Earnings Per Share. The EPS will grow by 4.36% 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 10.02% on average per year.
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
- 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.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 9.72, the valuation of SAFE can be described as reasonable.
- Based on the Price/Earnings ratio, SAFE is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
- SAFE's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.07.
- With a Price/Forward Earnings ratio of 9.12, the valuation of SAFE can be described as very 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.
- SAFE is valuated cheaply when we compare the Price/Forward Earnings ratio to 28.05, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.72 | ||
| Fwd PE | 9.12 |
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 64.29% of the companies listed in the same industry.
- SAFE's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. SAFE is cheaper than 60.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.69 | ||
| EV/EBITDA | 18.14 |
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)1.48
PEG (5Y)N/A
EPS Next 2Y3.71%
EPS Next 3Y4.36%
5. Dividend
5.1 Amount
- SAFE has a Yearly Dividend Yield of 4.33%, which is a nice return.
- Compared to an average industry Dividend Yield of 5.36, SAFE is paying slightly less dividend.
- SAFE's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.33% |
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.
- 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 2Y3.71%
EPS Next 3Y4.36%
16.14
-0.22 (-1.34%)
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 Cap1.16B
Revenue(TTM)N/A
Net Income(TTM)112.63M
Analysts76.47
Price Target20.6 (27.63%)
Short Float %5.09%
Short Ratio6.37
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.33% |
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)0.5%
PT rev (3m)0.5%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.75%
EPS NY rev (1m)-0.26%
EPS NY rev (3m)2.47%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.22%
Revenue NY rev (1m)0.01%
Revenue NY rev (3m)0.4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.72 | ||
| Fwd PE | 9.12 | ||
| P/S | 3.05 | ||
| P/FCF | 26.69 | ||
| P/OCF | 26.69 | ||
| P/B | 0.48 | ||
| P/tB | 0.53 | ||
| EV/EBITDA | 18.14 |
EPS(TTM)1.66
EY10.29%
EPS(NY)1.77
Fwd EY10.96%
FCF(TTM)0.6
FCFY3.75%
OCF(TTM)0.6
OCFY3.75%
SpS5.29
BVpS33.31
TBVpS30.44
PEG (NY)1.48
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
WACC5.78%
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 Year39.93%
EBIT Next 3Y15.65%
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.