SAFEHOLD INC (SAFE) Fundamental Analysis & Valuation
NYSE:SAFE • US78646V1070
Current stock price
15.03 USD
+0.24 (+1.62%)
At close:
15.03 USD
0 (0%)
After Hours:
This SAFE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. SAFE Profitability Analysis
1.1 Basic Checks
- In the past year SAFE was profitable.
- In the past year SAFE had a positive cash flow from operations.
- Of the past 5 years SAFE 4 years were profitable.
- SAFE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- SAFE has a worse Return On Assets (1.58%) than 60.71% of its industry peers.
- SAFE has a Return On Equity (4.75%) which is in line with its industry peers.
- SAFE has a Return On Invested Capital (3.44%) which is comparable to the rest of the industry.
- SAFE had an Average Return On Invested Capital over the past 3 years of 3.35%. This is in line with the industry average of 5.10%.
- The 3 year average ROIC (3.35%) for SAFE is below the current ROIC(3.44%), indicating increased profibility in the last year.
| Industry Rank | Sector 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%
1.3 Margins
- The Profit Margin of SAFE (29.69%) is better than 67.86% of its industry peers.
- SAFE's Profit Margin has declined in the last couple of years.
- The Operating Margin of SAFE (80.27%) is better than 96.43% of its industry peers.
- In the last couple of years the Operating Margin of SAFE has grown nicely.
- Looking at the Gross Margin, with a value of 98.77%, SAFE belongs to the top of the industry, outperforming 96.43% 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 | 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%
2. SAFE Health Analysis
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.
- The debt/assets ratio for SAFE is higher compared to a year ago.
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 worse Altman-Z score (0.67) than 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.
- A Debt/Equity ratio of 1.90 is on the high side and indicates that SAFE has dependencies on debt financing.
- The Debt to Equity ratio of SAFE (1.90) is worse than 60.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.9 | ||
| Debt/FCF | 95.91 | ||
| Altman-Z | 0.67 |
ROIC/WACC0.62
WACC5.58%
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.
- SAFE has a Current ratio of 14.29. This is amongst the best in the industry. SAFE outperforms 100.00% of its industry peers.
- 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 better Quick ratio (14.27) than 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 14.29 | ||
| Quick Ratio | 14.27 |
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%.
- 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.
- Looking at the last year, SAFE shows a small growth in Revenue. The Revenue has grown by 5.43% in the last year.
- The Revenue has been decreasing by -6.20% on average over the past years.
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
- SAFE is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.04% yearly.
- The Revenue is expected to grow by 7.07% on average over the next years.
EPS Next Y5.42%
EPS Next 2Y4.7%
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.
4. SAFE Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 9.05, 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.
- The average S&P500 Price/Earnings ratio is at 26.91. SAFE is valued rather cheaply when compared to this.
- The Price/Forward Earnings ratio is 8.59, which indicates a very decent valuation of SAFE.
- 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 23.68. SAFE is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.05 | ||
| Fwd PE | 8.59 |
4.2 Price Multiples
- 60.71% of the companies in the same industry are more expensive than SAFE, based on the Enterprise Value to EBITDA ratio.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of SAFE indicates a somewhat cheap valuation: SAFE is cheaper than 71.43% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.56 | ||
| EV/EBITDA | 17.69 |
4.3 Compensation for Growth
- The 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)1.67
PEG (5Y)N/A
EPS Next 2Y4.7%
EPS Next 3Y3.96%
5. SAFE Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 5.27%, SAFE is a good candidate for dividend investing.
- SAFE's Dividend Yield is comparable with the industry average which is at 4.65.
- Compared to an average S&P500 Dividend Yield of 1.89, SAFE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.27% |
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.
- SAFE has decreased its dividend in the last 3 years.
Dividend Growth(5Y)-0.78%
Div Incr Years0
Div Non Decr Years2
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 2Y4.7%
EPS Next 3Y3.96%
SAFE Fundamentals: All Metrics, Ratios and Statistics
15.03
+0.24 (+1.62%)
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 Owners65.44%
Inst Owner Change0%
Ins Owners0.71%
Ins Owner Change0.61%
Market Cap1.08B
Revenue(TTM)385.55M
Net Income(TTM)114.47M
Analysts76.47
Price Target20.71 (37.79%)
Short Float %4.91%
Short Ratio7.87
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.27% |
Yearly Dividend0.71
Dividend Growth(5Y)-0.78%
DP44.49%
Div Incr Years0
Div Non Decr Years2
Ex-Date03-31 2026-03-31 (0.177)
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)0.5%
PT rev (3m)1%
EPS NQ rev (1m)-1.91%
EPS NQ rev (3m)-3.46%
EPS NY rev (1m)0%
EPS NY rev (3m)1.18%
Revenue NQ rev (1m)-0.27%
Revenue NQ rev (3m)-1.68%
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)-1.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.05 | ||
| Fwd PE | 8.59 | ||
| P/S | 2.8 | ||
| P/FCF | 22.56 | ||
| P/OCF | 22.56 | ||
| P/B | 0.45 | ||
| P/tB | 0.49 | ||
| EV/EBITDA | 17.69 |
EPS(TTM)1.66
EY11.04%
EPS(NY)1.75
Fwd EY11.64%
FCF(TTM)0.67
FCFY4.43%
OCF(TTM)0.67
OCFY4.43%
SpS5.37
BVpS33.56
TBVpS30.71
PEG (NY)1.67
PEG (5Y)N/A
Graham Number35.4
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 Y5.42%
EPS Next 2Y4.7%
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 Year6.25%
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 9.05 and the Price/Book (PB) ratio is 0.45.
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 5.42% in the next year.