SAFEHOLD INC (SAFE) Fundamental Analysis & Valuation

NYSE:SAFEUS78646V1070

Current stock price

14.86 USD
-1.16 (-7.24%)
At close:
14.7487 USD
-0.11 (-0.75%)
After Hours:

This SAFE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

6

1. SAFE Profitability Analysis

1.1 Basic Checks

  • In the past year SAFE was profitable.
  • SAFE had a positive operating cash flow in the past year.
  • Of the past 5 years SAFE 4 years were profitable.
  • SAFE had a positive operating cash flow in each of the past 5 years.
SAFE Yearly Net Income VS EBIT VS OCF VS FCFSAFE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M -200M -400M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 1.58%, SAFE is doing worse than 64.29% of the companies in the same industry.
  • With a Return On Equity value of 4.75%, SAFE perfoms like the industry average, outperforming 46.43% of the companies in the same industry.
  • 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.
  • The Average Return On Invested Capital over the past 3 years for SAFE is in line with the industry average of 5.09%.
  • The last Return On Invested Capital (3.44%) for SAFE is above the 3 year average (3.35%), which is a sign of increasing profitability.
Industry RankSector 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%
SAFE Yearly ROA, ROE, ROICSAFE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 20

1.3 Margins

  • With a decent Profit Margin value of 29.69%, SAFE is doing good in the industry, outperforming 67.86% 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 80.27%, 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 Operating Margin of SAFE has grown nicely.
  • SAFE's Gross Margin of 98.77% is amongst the best of the industry. SAFE outperforms 96.43% of its industry peers.
  • In the last couple of years the Gross Margin of SAFE has grown nicely.
Industry RankSector 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%
SAFE Yearly Profit, Operating, Gross MarginsSAFE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 40 60 80

4

2. SAFE Health Analysis

2.1 Basic Checks

  • SAFE has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it 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.
  • The debt/assets ratio for SAFE is higher compared to a year ago.
SAFE Yearly Shares OutstandingSAFE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M
SAFE Yearly Total Debt VS Total AssetsSAFE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B

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.
  • SAFE has a Altman-Z score of 0.67. This is in the lower half of the industry: SAFE underperforms 71.43% of its industry peers.
  • The Debt to FCF ratio of SAFE is 95.91, which is on the high side as it means it would take SAFE, 95.91 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of SAFE (95.91) is comparable to the rest of the industry.
  • SAFE has a Debt/Equity ratio of 1.90. This is a high value indicating a heavy dependency on external financing.
  • SAFE has a worse Debt to Equity ratio (1.90) than 64.29% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.9
Debt/FCF 95.91
Altman-Z 0.67
ROIC/WACC0.62
WACC5.58%
SAFE Yearly LT Debt VS Equity VS FCFSAFE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B 2B 3B 4B

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.
  • With an excellent Current ratio value of 14.29, SAFE belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
  • SAFE has a Quick Ratio of 14.27. This indicates that SAFE is financially healthy and has no problem in meeting its short term obligations.
  • SAFE has a Quick ratio of 14.27. This is amongst the best in the industry. SAFE outperforms 100.00% of its industry peers.
Industry RankSector Rank
Current Ratio 14.29
Quick Ratio 14.27
SAFE Yearly Current Assets VS Current LiabilitesSAFE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B

3

3. SAFE Growth Analysis

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.
  • The Revenue has been growing slightly by 5.43% in the past year.
  • SAFE shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -6.20% yearly.
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

  • The Earnings Per Share is expected to grow by 3.04% on average over the next years.
  • The Revenue is expected to grow by 7.07% on average over the next years.
EPS Next Y5.23%
EPS Next 2Y4.32%
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.
  • 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.
SAFE Yearly Revenue VS EstimatesSAFE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 200M 400M 600M 800M
SAFE Yearly EPS VS EstimatesSAFE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 0 10 20 30 40

7

4. SAFE Valuation Analysis

4.1 Price/Earnings Ratio

  • SAFE is valuated reasonably with a Price/Earnings ratio of 8.95.
  • 100.00% of the companies in the same industry are more expensive than SAFE, based on the Price/Earnings ratio.
  • SAFE's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.64.
  • SAFE is valuated reasonably with a Price/Forward Earnings ratio of 8.51.
  • Based on the Price/Forward Earnings ratio, SAFE is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
  • The average S&P500 Price/Forward Earnings ratio is at 21.36. SAFE is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 8.95
Fwd PE 8.51
SAFE Price Earnings VS Forward Price EarningsSAFE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

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 67.86% 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 78.57% of the companies in the same industry.
Industry RankSector Rank
P/FCF 22.32
EV/EBITDA 17.71
SAFE Per share dataSAFE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

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)1.71
PEG (5Y)N/A
EPS Next 2Y4.32%
EPS Next 3Y3.96%

5

5. SAFE Dividend Analysis

5.1 Amount

  • SAFE has a Yearly Dividend Yield of 4.42%, which is a nice return.
  • SAFE's Dividend Yield is comparable with the industry average which is at 4.43.
  • SAFE's Dividend Yield is rather good when compared to the S&P500 average which is at 1.80.
Industry RankSector Rank
Dividend Yield 4.42%

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.
  • The dividend of SAFE decreased in the last 3 years.
Dividend Growth(5Y)-0.78%
Div Incr Years0
Div Non Decr Years2
SAFE Yearly Dividends per shareSAFE Yearly Dividends per shareYearly Dividends per share 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6 0.8 1

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 2Y4.32%
EPS Next 3Y3.96%
SAFE Yearly Income VS Free CF VS DividendSAFE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M -200M -400M
SAFE Dividend Payout.SAFE Dividend Payout, showing the Payout Ratio.SAFE Dividend Payout.PayoutRetained Earnings

SAFE Fundamentals: All Metrics, Ratios and Statistics

SAFEHOLD INC

NYSE:SAFE (5/1/2026, 8:04:00 PM)

After market: 14.7487 -0.11 (-0.75%)

14.86

-1.16 (-7.24%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Industry Strength49.69
Industry Growth60.87
Earnings (Last)02-11
Earnings (Next)05-04
Inst Owners65.55%
Inst Owner Change0.18%
Ins Owners0.75%
Ins Owner Change0.61%
Market Cap1.07B
Revenue(TTM)385.55M
Net Income(TTM)114.47M
Analysts76.47
Price Target20.2 (35.94%)
Short Float %5.07%
Short Ratio8.15
Dividend
Industry RankSector Rank
Dividend Yield 4.42%
Yearly Dividend0.71
Dividend Growth(5Y)-0.78%
DP44.49%
Div Incr Years0
Div Non Decr Years2
Ex-Date03-31
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)-2.46%
PT rev (3m)-1.49%
EPS NQ rev (1m)-0.25%
EPS NQ rev (3m)-3.71%
EPS NY rev (1m)-0.18%
EPS NY rev (3m)0.99%
Revenue NQ rev (1m)-0.05%
Revenue NQ rev (3m)-1.72%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.62%
Valuation
Industry RankSector Rank
PE 8.95
Fwd PE 8.51
P/S 2.77
P/FCF 22.32
P/OCF 22.32
P/B 0.44
P/tB 0.48
EV/EBITDA 17.71
EPS(TTM)1.66
EY11.17%
EPS(NY)1.75
Fwd EY11.75%
FCF(TTM)0.67
FCFY4.48%
OCF(TTM)0.67
OCFY4.48%
SpS5.37
BVpS33.53
TBVpS30.68
PEG (NY)1.71
PEG (5Y)N/A
Graham Number35.3874 (138.14%)
Profitability
Industry RankSector 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 RankSector 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 0.67
F-Score4
WACC5.58%
ROIC/WACC0.62
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 Y5.23%
EPS Next 2Y4.32%
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 Year6.37%
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.


How profitable is SAFEHOLD INC (SAFE) stock?

SAFEHOLD INC (SAFE) has a profitability rating of 6 / 10.


What is the valuation of SAFEHOLD INC based on its PE and PB ratios?

The Price/Earnings (PE) ratio for SAFEHOLD INC (SAFE) is 8.95 and the Price/Book (PB) ratio is 0.44.


What is the expected EPS growth for SAFEHOLD INC (SAFE) stock?

The Earnings per Share (EPS) of SAFEHOLD INC (SAFE) is expected to grow by 5.23% in the next year.