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. SAFE has only an average score on both its financial health and profitability. SAFE has a bad growth rate and is valued cheaply. With these ratings, SAFE could be worth investigating further for value investing!.
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.
- 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.
- The Return On Invested Capital of SAFE (3.41%) is comparable to the rest of the industry.
- SAFE had an Average Return On Invested Capital over the past 3 years of 3.16%. This is in line with the industry average of 4.81%.
- 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
- SAFE has a better Profit Margin (29.67%) than 71.43% of its industry peers.
- SAFE's Profit Margin has declined in the last couple of years.
- The Operating Margin of SAFE (79.87%) is better than 96.43% of its industry peers.
- SAFE's Operating Margin has improved in the last couple of years.
- The Gross Margin of SAFE (98.82%) is better than 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.
- 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
- SAFE has an Altman-Z score of 0.68. This is a bad value and indicates that SAFE is not financially healthy and even has some risk of bankruptcy.
- Looking at the Altman-Z score, with a value of 0.68, SAFE is in line with its industry, outperforming 50.00% of the companies in the same industry.
- 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 (104.03) which is comparable to the rest of the industry.
- A Debt/Equity ratio of 1.89 is on the high side and indicates that SAFE has dependencies on debt 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
- SAFE has a Current Ratio of 14.87. This indicates that SAFE is financially healthy and has no problem in meeting its short term obligations.
- SAFE has a better Current ratio (14.87) than 100.00% of its industry peers.
- A Quick Ratio of 14.85 indicates that SAFE has no problem at all paying its short term obligations.
- Looking at the Quick ratio, with a value of 14.85, SAFE belongs to the top 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
- The Earnings Per Share has been growing slightly by 5.73% over the past year.
- The earnings per share for SAFE have been decreasing by -13.23% on average. This is quite bad
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
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 9.72, the valuation of SAFE can be described as very reasonable.
- Based on the Price/Earnings ratio, SAFE is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Earnings ratio of 27.10, SAFE is valued rather cheaply.
- SAFE is valuated reasonably with a Price/Forward Earnings ratio of 9.12.
- 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.
- When comparing the Price/Forward Earnings ratio of SAFE to the average of the S&P500 Index (28.06), we can say SAFE is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.72 | ||
| Fwd PE | 9.12 |
4.2 Price Multiples
- SAFE's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. SAFE is cheaper than 60.71% of the companies 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 | 26.69 | ||
| EV/EBITDA | 18.19 |
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)1.48
PEG (5Y)N/A
EPS Next 2Y3.71%
EPS Next 3Y4.36%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 4.33%, SAFE is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 5.32, SAFE has a dividend in line with its industry peers.
- 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 | 4.33% |
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)-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 | 9.72 | ||
| 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 | 18.19 |
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 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.