WallStSmart

Public Storage (PSA)vsSafehold Inc (SAFE)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Public Storage generates 1104% more annual revenue ($4.87B vs $404.44M). PSA leads profitability with a 39.1% profit margin vs 28.3%. SAFE appears more attractively valued with a PEG of 0.65. SAFE earns a higher WallStSmart Score of 70/100 (B).

PSA

Buy

62

out of 100

Grade: C+

Growth: 6.0Profit: 8.5Value: 4.0Quality: 4.3
Piotroski: 4/9Altman Z: 1.13

SAFE

Strong Buy

70

out of 100

Grade: B

Growth: 6.7Profit: 7.0Value: 9.3Quality: 5.0
Piotroski: 3/9Altman Z: 0.92
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

PSAUndervalued (+6.9%)

Margin of Safety

+6.9%

Fair Value

$315.77

Current Price

$302.45

$13.32 discount

UndervaluedFair: $315.77Overvalued
SAFEUndervalued (+81.5%)

Margin of Safety

+81.5%

Fair Value

$80.19

Current Price

$16.02

$64.17 discount

UndervaluedFair: $80.19Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

PSA5 strengths · Avg: 9.2/10
Profit MarginProfitability
39.1%10/10

Keeps 39 of every $100 in revenue as profit

Operating MarginProfitability
46.0%10/10

Strong operational efficiency at 46.0%

Market CapQuality
$53.09B9/10

Large-cap with strong market position

Return on EquityProfitability
20.2%9/10

Every $100 of equity generates 20 in profit

EPS GrowthGrowth
32.8%8/10

Earnings expanding 32.8% YoY

SAFE5 strengths · Avg: 9.4/10
P/E RatioValuation
10.1x10/10

Attractively priced relative to earnings

Price/BookValuation
0.5x10/10

Reasonable price relative to book value

Operating MarginProfitability
81.8%10/10

Strong operational efficiency at 81.8%

Profit MarginProfitability
28.3%9/10

Keeps 28 of every $100 in revenue as profit

PEG RatioValuation
0.658/10

Growing faster than its price suggests

Areas to Watch

PSA4 concerns · Avg: 3.5/10
P/E RatioValuation
31.2x4/10

Premium valuation, high expectations priced in

Price/BookValuation
10.8x4/10

Trading at 10.8x book value

Revenue GrowthGrowth
3.2%4/10

3.2% revenue growth

PEG RatioValuation
4.282/10

Expensive relative to growth rate

SAFE4 concerns · Avg: 3.0/10
Market CapQuality
$1.15B3/10

Smaller company, higher risk/reward

Return on EquityProfitability
4.8%3/10

ROE of 4.8% — below average capital efficiency

Debt/EquityHealth
1.963/10

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 39.1% and operating margin at 46.0%.

Bull Case : SAFE

The strongest argument for SAFE centers on P/E Ratio, Price/Book, Operating Margin. Profitability is solid with margins at 28.3% and operating margin at 81.8%. PEG of 0.65 suggests the stock is reasonably priced for its growth.

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 1.96 is elevated, increasing financial risk.

Key Dynamics to Monitor

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

SAFE carries more volatility with a beta of 1.85 — expect wider price swings.

SAFE is growing revenue faster at 5.7% — sustainability is the question.

PSA generates stronger free cash flow (695M), providing more financial flexibility.

Bottom Line

SAFE scores higher overall (70/100 vs 62/100), backed by strong 28.3% margins. 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) focused on the acquisition and management of ground leases, which allows property owners to enhance their asset value while retaining ownership. By targeting high-quality urban properties, Safehold creates a low-risk investment profile with the potential for steady income generation. The company's strong balance sheet and dedication to sustainable income growth position it favorably to capitalize on the rising demand for ground leases. With its unique business model and commitment to delivering consistent returns, Safehold presents an appealing investment opportunity for institutional investors seeking diversification in their portfolios.

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