SAFEHOLD INC (SAFE) Stock Fundamental Analysis
NYSE:SAFE • US78646V1070
16.34 USD
+0.44 (+2.77%)
At close: Feb 25, 2026
16.34 USD
0 (0%)
After Hours: 2/25/2026, 8:04:00 PM
SAFE gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 28 industry peers in the Specialized REITs industry. SAFE has only an average score on both its financial health and profitability. SAFE is valued quite cheap, but it does not seem to be growing. With these ratings, SAFE could be worth investigating further for value investing!.
1. Profitability
1.1 Basic Checks
- In the past year SAFE was profitable.
- SAFE had a positive operating cash flow in the past year.
- The reported net income has been mixed in the past 5 years: SAFE reported negative net income in multiple years.
- Of the past 5 years SAFE 4 years had a positive operating cash flow.
1.2 Ratios
- SAFE has a Return On Assets of 1.58%. This is in the lower half of the industry: SAFE underperforms 60.71% of its industry peers.
- SAFE has a Return On Equity of 4.71%. This is comparable to the rest of the industry: SAFE outperforms 46.43% of its industry peers.
- With a Return On Invested Capital value of 3.41%, SAFE perfoms like the industry average, outperforming 42.86% 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 4.76%.
- The 3 year average ROIC (3.16%) for SAFE is below the current ROIC(3.41%), indicating increased profibility in the last year.
| 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 71.43% of the companies in the same industry.
- SAFE's Profit Margin has declined in the last couple of years.
- SAFE's Operating Margin of 79.87% is amongst the best of the industry. SAFE outperforms 96.43% of its industry peers.
- In the last couple of years the Operating Margin of SAFE has grown nicely.
- SAFE's Gross Margin of 98.82% 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 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.
- SAFE has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the 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 in line with 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 has a Debt to FCF ratio of 104.03. This is comparable to the rest of the industry: SAFE outperforms 42.86% 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's Debt to Equity ratio of 1.89 is in line compared to the rest of the industry. SAFE outperforms 42.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.89 | ||
| Debt/FCF | 104.03 | ||
| Altman-Z | 0.68 |
ROIC/WACC0.59
WACC5.82%
2.3 Liquidity
- A Current Ratio of 14.87 indicates that SAFE has no problem at all paying its short term obligations.
- SAFE has a better Current ratio (14.87) than 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.
- The Quick ratio of SAFE (14.85) is better 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 5.73%.
- Measured over the past years, SAFE shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -13.23% on average per year.
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
- The Earnings Per Share is expected to grow by 4.36% on average over the next years.
- SAFE is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.02% yearly.
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
- The Price/Earnings ratio is 9.84, which indicates a very decent valuation of SAFE.
- Based on the Price/Earnings ratio, SAFE is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
- SAFE is valuated cheaply when we compare the Price/Earnings ratio to 27.05, which is the current average of the S&P500 Index.
- With a Price/Forward Earnings ratio of 9.24, 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 28.03, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.84 | ||
| Fwd PE | 9.24 |
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.
- Based on the Price/Free Cash Flow ratio, SAFE is valued a bit cheaper than the industry average as 60.71% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.02 | ||
| EV/EBITDA | 18.08 |
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)1.5
PEG (5Y)N/A
EPS Next 2Y3.71%
EPS Next 3Y4.36%
5. Dividend
5.1 Amount
- SAFE has a Yearly Dividend Yield of 4.53%, which is a nice return.
- SAFE's Dividend Yield is comparable with the industry average which is at 5.39.
- SAFE's Dividend Yield is rather good when compared to the S&P500 average which is at 1.80.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.53% |
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.
- 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 2Y3.71%
EPS Next 3Y4.36%
16.34
+0.44 (+2.77%)
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 Cap1.17B
Revenue(TTM)N/A
Net Income(TTM)112.63M
Analysts76.47
Price Target20.3 (24.24%)
Short Float %5.09%
Short Ratio6.37
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.53% |
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%
PT rev (3m)-1%
EPS NQ rev (1m)-0.62%
EPS NQ rev (3m)3.75%
EPS NY rev (1m)-0.26%
EPS NY rev (3m)2.47%
Revenue NQ rev (1m)0.22%
Revenue NQ rev (3m)0.57%
Revenue NY rev (1m)0.01%
Revenue NY rev (3m)0.4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.84 | ||
| Fwd PE | 9.24 | ||
| P/S | 3.09 | ||
| P/FCF | 27.02 | ||
| P/OCF | 27.02 | ||
| P/B | 0.49 | ||
| P/tB | 0.54 | ||
| EV/EBITDA | 18.08 |
EPS(TTM)1.66
EY10.16%
EPS(NY)1.77
Fwd EY10.83%
FCF(TTM)0.6
FCFY3.7%
OCF(TTM)0.6
OCFY3.7%
SpS5.29
BVpS33.31
TBVpS30.44
PEG (NY)1.5
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
WACC5.82%
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 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 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.