Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Safehold Inc. (SAFE)

Company Dividend Discount ModelIndustry: REIT - DiversifiedSector: Real Estate

Valuation Snapshot

Stable Growth$31.60 - $71.11$45.80
Multi-Stage$23.39 - $25.51$24.43
Blended Fair Value$35.11
Current Price$15.56
Upside125.66%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS24.93%-0.14%0.710.640.590.500.000.230.150.040.720.72
YoY Growth--9.88%9.13%17.36%0.00%-100.00%52.12%283.54%-94.45%0.00%0.00%
Dividend Yield--3.77%3.20%2.00%0.90%0.00%0.37%0.70%0.25%1.25%1.52%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)112.63
(-) Cash Dividends Paid (M)50.87
(=) Cash Retained (M)61.76
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)22.5314.088.45
Cash Retained (M)61.7661.7661.76
(-) Cash Required (M)-22.53-14.08-8.45
(=) Excess Retained (M)39.2347.6853.31
(/) Shares Outstanding (M)71.6871.6871.68
(=) Excess Retained per Share0.550.670.74
LTM Dividend per Share0.710.710.71
(+) Excess Retained per Share0.550.670.74
(=) Adjusted Dividend1.261.371.45
WACC / Discount Rate9.70%9.70%9.70%
Growth Rate5.50%6.50%7.50%
Fair Value$31.60$45.80$71.11
Upside / Downside103.06%194.33%357.01%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)112.63119.95127.75136.05144.90154.32158.95
Payout Ratio45.17%54.13%63.10%72.07%81.03%90.00%92.50%
Projected Dividends (M)50.8764.9480.6198.05117.42138.88147.02

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.70%9.70%9.70%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)58.6459.2059.75
Year 2 PV (M)65.7466.9968.25
Year 3 PV (M)72.2174.2876.39
Year 4 PV (M)78.0881.0984.17
Year 5 PV (M)83.4087.4391.62
PV of Terminal Value (M)1,318.361,382.041,448.15
Equity Value (M)1,676.431,751.021,828.34
Shares Outstanding (M)71.6871.6871.68
Fair Value$23.39$24.43$25.51
Upside / Downside50.30%56.99%63.92%

High-Yield Dividend Screener

« Prev Page 59 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
QFBQ.QALesha Bank L.L.C2.69%$0.0532.62%
002442.SZLongxing Chemical Stock Co., Ltd.2.68%$0.1799.79%
016800.KSFursys Inc.2.68%$1,200.1730.47%
265520.KQAdvanced Process Systems Corporation2.68%$538.1030.22%
300896.SZImeik Technology Development Co.,Ltd.2.68%$3.8078.17%
3123.TSaibo Co., Ltd.2.68%$16.1426.87%
9057.TEnshu Truck Co.,Ltd.2.68%$96.0831.06%
CHC.AXCharter Hall Group2.68%$0.6553.83%
IFT.AXInfratil Limited2.68%$0.2647.86%
KRZ.IRKerry Group plc2.68%$2.0427.68%
MGH.AXMAAS Group Holdings Limited2.68%$0.1537.02%
NOANorth American Construction Group Ltd.2.68%$0.3932.95%
U06.SISingapore Land Group Limited2.68%$0.0924.45%
000089.SZShenzhen Airport Co., Ltd.2.67%$0.1965.57%
000830.SZLuxi Chemical Group Co., Ltd.2.67%$0.4457.18%
005820.KSWonlim Corporation2.67%$399.8822.01%
007980.KSTP Inc.2.67%$51.627.46%
049800.KSWoojin Plaimm Co., Ltd.2.67%$50.6726.03%
300009.SZAnhui Anke Biotechnology (Group) Co., Ltd.2.67%$0.2662.51%
6220.TWOYFC-Boneagle Electric Co., Ltd.2.67%$0.6989.25%
002753.SZShanxi Yongdong Chemistry Industry Co., Ltd.2.66%$0.1990.03%
011200.KSHMM Co.,Ltd2.66%$537.6722.84%
014830.KSUNID Company Ltd.2.66%$1,782.2616.95%
023450.KSDongnam Chemical Co., Ltd.2.66%$914.8545.96%
210540.KSDY Power Corporation2.66%$350.1314.53%
600729.SSChongqing Department Store Co.,Ltd.2.66%$0.6921.76%
7282.TToyoda Gosei Co., Ltd.2.66%$104.8829.11%
7989.TTachikawa Corporation2.66%$52.4433.02%
9699.TNishio Rent All Co., Ltd.2.66%$125.9628.89%
069730.KSDSR Wire Corp2.65%$99.936.22%
118990.KQMotrex Co., Ltd2.65%$249.2535.67%
OLGERD.ICÖlgerðin Egill Skallagrímsson hf.2.65%$0.4862.79%
084010.KSDaehan Steel Co., Ltd.2.64%$516.5429.55%
0DH7.LAF Gruppen ASA2.64%$4.9752.35%
1504.TWTECO Electric & Machinery Co., Ltd.2.64%$2.2387.91%
2587.TSuntory Beverage & Food Limited2.64%$125.0045.12%
6922.TWONeousys Technology Inc.2.64%$4.5461.30%
SHR.BKS Hotels and Resorts Public Company Limited2.64%$0.0533.96%
002871.SZQingdao Weflo Valve Co., Ltd.2.63%$0.4779.89%
600918.SSZhongtai Securities Co., Ltd.2.63%$0.1768.20%
8572.TAcom Co., Ltd.2.63%$13.0038.71%
LIAB.STLindab International AB (publ)2.63%$5.4076.19%
MYOR.JKPT Mayora Indah Tbk2.63%$57.3845.12%
002443.SZZhejiang Kingland Pipeline and Technologies Co.,Ltd.2.62%$0.2164.11%
039490.KSKiwoom Securities Co., Ltd.2.62%$7,904.3320.30%
155660.KSDSR Corp2.62%$100.1511.70%
4263.SRSAL Saudi Logistics Services Co2.62%$4.2355.27%
AFK.OLArendals Fossekompani ASA2.62%$3.525.05%
INSTAL.STInstalco AB (publ)2.62%$0.6865.47%
000048.SZShenzhen Kingkey Smart Agriculture Times Co.,Ltd2.61%$0.4658.98%