WallStSmart

Public Storage (PSA)vsSafehold Inc (SAFE)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Public Storage generates 1025% more annual revenue ($4.91B vs $436.41M). PSA leads profitability with a 41.6% profit margin vs 26.6%. SAFE appears more attractively valued with a PEG of 0.65. SAFE earns a higher WallStSmart Score of 74/100 (B).

PSA

Buy

62

out of 100

Grade: C+

Growth: 6.0Profit: 8.5Value: 4.0Quality: 3.5
Piotroski: 3/9Altman Z: 1.00

SAFE

Strong Buy

74

out of 100

Grade: B

Growth: 7.3Profit: 7.0Value: 9.3Quality: 5.0
Piotroski: 3/9Altman Z: 0.92
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

PSAOvervalued (-8.4%)

Margin of Safety

-8.4%

Fair Value

$271.04

Current Price

$296.50

$25.46 premium

UndervaluedFair: $271.04Overvalued
SAFEUndervalued (+79.2%)

Margin of Safety

+79.2%

Fair Value

$71.12

Current Price

$14.03

$57.09 discount

UndervaluedFair: $71.12Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

PSA5 strengths · Avg: 9.2/10
Profit MarginProfitability
41.6%10/10

Keeps 42 of every $100 in revenue as profit

Operating MarginProfitability
45.7%10/10

Strong operational efficiency at 45.7%

Market CapQuality
$55.40B9/10

Large-cap with strong market position

Return on EquityProfitability
22.2%9/10

Every $100 of equity generates 22 in profit

EPS GrowthGrowth
45.1%8/10

Earnings expanding 45.1% YoY

SAFE6 strengths · Avg: 9.2/10
P/E RatioValuation
9.4x10/10

Attractively priced relative to earnings

Price/BookValuation
0.4x10/10

Reasonable price relative to book value

Operating MarginProfitability
73.7%10/10

Strong operational efficiency at 73.7%

Profit MarginProfitability
26.6%9/10

Keeps 27 of every $100 in revenue as profit

PEG RatioValuation
0.658/10

Growing faster than its price suggests

Revenue GrowthGrowth
20.0%8/10

Revenue surging 20.0% year-over-year

Areas to Watch

PSA4 concerns · Avg: 3.8/10
P/E RatioValuation
28.1x4/10

Moderate valuation

Price/BookValuation
10.8x4/10

Trading at 10.8x book value

Revenue GrowthGrowth
3.3%4/10

3.3% revenue growth

Debt/EquityHealth
1.113/10

Elevated debt levels

SAFE4 concerns · Avg: 3.0/10
Market CapQuality
$1.07B3/10

Smaller company, higher risk/reward

Return on EquityProfitability
4.7%3/10

ROE of 4.7% — below average capital efficiency

Debt/EquityHealth
1.913/10

Elevated debt levels

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Comparative Analysis Report

WallStSmart Research

Bull Case : PSA

The strongest argument for PSA centers on Profit Margin, Operating Margin, Market Cap. Profitability is solid with margins at 41.6% and operating margin at 45.7%.

Bull Case : SAFE

The strongest argument for SAFE centers on P/E Ratio, Price/Book, Operating Margin. Profitability is solid with margins at 26.6% and operating margin at 73.7%. Revenue growth of 20.0% demonstrates continued momentum.

Bear Case : PSA

The primary concerns for PSA are P/E Ratio, Price/Book, Revenue Growth.

Bear Case : SAFE

The primary concerns for SAFE are Market Cap, Return on Equity, Debt/Equity. Debt-to-equity of 1.91 is elevated, increasing financial risk.

Key Dynamics to Monitor

PSA profiles as a value stock while SAFE is a growth play — different risk/reward profiles.

SAFE carries more volatility with a beta of 1.79 — expect wider price swings.

SAFE is growing revenue faster at 20.0% — sustainability is the question.

PSA generates stronger free cash flow (799M), providing more financial flexibility.

Bottom Line

SAFE scores higher overall (74/100 vs 62/100), backed by strong 26.6% margins and 20.0% revenue growth. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Public Storage

REAL ESTATE · REIT - INDUSTRIAL · USA

Public Storage is an American international self storage company headquartered in Glendale, California, that is run as a real estate investment trust (REIT).

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Safehold Inc

REAL ESTATE · REIT - DIVERSIFIED · USA

Safehold Inc. (SAFE) is a leading real estate investment trust (REIT) that specializes in acquiring and managing ground leases, providing property owners with a mechanism to enhance asset valuations while retaining ownership. Focused on high-quality urban properties, Safehold establishes a low-risk investment profile complemented by the potential for stable income generation. With a strong balance sheet and a commitment to sustainable income growth, the company is poised to capitalize on the rising demand for ground leases. Its innovative approach and dedication to delivering consistent returns position Safehold as a compelling opportunity for institutional investors aiming to diversify and strengthen their portfolios.

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