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SAFE Safehold Inc.

Price (delayed)

$17.75

Market cap

$1.27B

P/E Ratio

11.99

Dividend/share

$0.71

EPS

$1.48

Enterprise value

$5.57B

iStar Inc. (NYSE: STAR) is focused on reinventing the ground lease sector, unlocking value for real estate owners throughout the country by providing modern, more efficient ground leases on all ...

Highlights
SAFE's equity is up by 5% year-on-year and by 2.5% since the previous quarter
SAFE's revenue is up by 3.7% YoY but it is down by 3% from the previous quarter
The company's EPS fell by 16% QoQ
Safehold's net income has decreased by 13% QoQ

Key stats

What are the main financial stats of SAFE
Market
Shares outstanding
71.45M
Market cap
$1.27B
Enterprise value
$5.57B
Valuations
Price to earnings (P/E)
11.99
Price to book (P/B)
0.54
Price to sales (P/S)
3.46
EV/EBIT
50.99
EV/EBITDA
46.73
EV/Sales
15.23
Earnings
Revenue
$365.69M
Gross profit
$163.42M
Operating income
$96.57M
Net income
$105.76M
EBIT
$109.21M
EBITDA
$119.16M
Free cash flow
$45.67M
Per share
EPS
$1.48
EPS diluted
$1.48
Free cash flow per share
$0.64
Book value per share
$32.81
Revenue per share
$5.12
TBVPS
$96.67
Balance sheet
Total assets
$6.9B
Total liabilities
$4.53B
Debt
$4.32B
Equity
$2.34B
Working capital
N/A
Liquidity
Debt to equity
1.84
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
36.09
Margins
EBITDA margin
32.6%
Gross margin
44.7%
Net margin
28.9%
Operating margin
26.4%
Efficiency
Return on assets
1.6%
Return on equity
4.6%
Return on invested capital
1%
Return on capital employed
N/A
Return on sales
29.9%
Dividend
Dividend yield
3.99%
DPS
$0.71
Payout ratio
47.8%

SAFE stock price

How has the Safehold stock price performed over time
Intraday
-1.33%
1 week
6.16%
1 month
9.5%
1 year
-9.72%
YTD
-3.95%
QTD
-3.95%

Financial performance

How have Safehold's revenue and profit performed over time
Revenue
$365.69M
Gross profit
$163.42M
Operating income
$96.57M
Net income
$105.76M
Gross margin
44.7%
Net margin
28.9%
Safehold's net income has decreased by 13% QoQ
The operating income has contracted by 10% from the previous quarter
Safehold's net margin has decreased by 10% QoQ
Safehold's gross profit has decreased by 8% from the previous quarter and by 2.1% YoY

Growth

What is Safehold's growth rate over time

Valuation

What is Safehold stock price valuation
P/E
11.99
P/B
0.54
P/S
3.46
EV/EBIT
50.99
EV/EBITDA
46.73
EV/Sales
15.23
The company's EPS fell by 16% QoQ
The stock's price to book (P/B) is 45% less than its 5-year quarterly average of 1.0 and 21% less than its last 4 quarters average of 0.7
SAFE's equity is up by 5% year-on-year and by 2.5% since the previous quarter
The stock's P/S is 70% below its 5-year quarterly average of 11.7 and 14% below its last 4 quarters average of 4.1
SAFE's revenue is up by 3.7% YoY but it is down by 3% from the previous quarter

Efficiency

How efficient is Safehold business performance
Safehold's return on equity has decreased by 13% QoQ
SAFE's return on assets is down by 11% since the previous quarter
The return on invested capital has declined by 9% since the previous quarter
The company's return on sales fell by 9% QoQ

Dividends

What is SAFE's dividend history
DPS
$0.71
Dividend yield
3.99%
Payout ratio
47.8%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did Safehold financials performed over time
The total assets is 52% more than the total liabilities
The total liabilities has increased by 6% YoY
The total assets has increased by 5% YoY
Safehold's debt is 84% higher than its equity
Safehold's debt has increased by 6% YoY
SAFE's equity is up by 5% year-on-year and by 2.5% since the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified. Data from and Sharadar.