WallStSmart

Safehold Inc (SAFE)vsW P Carey Inc (WPC)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

W P Carey Inc generates 318% more annual revenue ($1.74B vs $416.66M). WPC leads profitability with a 29.7% profit margin vs 27.4%. SAFE appears more attractively valued with a PEG of 0.65. WPC earns a higher WallStSmart Score of 72/100 (B).

SAFE

Strong Buy

68

out of 100

Grade: B-

Growth: 5.3Profit: 7.0Value: 9.3Quality: 5.0
Piotroski: 3/9Altman Z: 0.92

WPC

Strong Buy

72

out of 100

Grade: B

Growth: 7.3Profit: 7.5Value: 6.7Quality: 3.8
Piotroski: 4/9Altman Z: 0.56
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

SAFEUndervalued (+82.0%)

Margin of Safety

+82.0%

Fair Value

$82.17

Current Price

$14.49

$67.68 discount

UndervaluedFair: $82.17Overvalued
WPCUndervalued (+54.9%)

Margin of Safety

+54.9%

Fair Value

$160.42

Current Price

$72.43

$87.99 discount

UndervaluedFair: $160.42Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

SAFE5 strengths · Avg: 9.4/10
P/E RatioValuation
9.3x10/10

Attractively priced relative to earnings

Price/BookValuation
0.4x10/10

Reasonable price relative to book value

Operating MarginProfitability
72.3%10/10

Strong operational efficiency at 72.3%

Profit MarginProfitability
27.4%9/10

Keeps 27 of every $100 in revenue as profit

PEG RatioValuation
0.658/10

Growing faster than its price suggests

WPC4 strengths · Avg: 8.8/10
Operating MarginProfitability
54.8%10/10

Strong operational efficiency at 54.8%

Profit MarginProfitability
29.7%9/10

Keeps 30 of every $100 in revenue as profit

Price/BookValuation
2.0x8/10

Reasonable price relative to book value

EPS GrowthGrowth
40.2%8/10

Earnings expanding 40.2% YoY

Areas to Watch

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
1.963/10

Elevated debt levels

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

WPC3 concerns · Avg: 3.0/10
P/E RatioValuation
31.0x4/10

Premium valuation, high expectations priced in

Return on EquityProfitability
6.3%3/10

ROE of 6.3% — below average capital efficiency

Altman Z-ScoreHealth
0.562/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : SAFE

The strongest argument for SAFE centers on P/E Ratio, Price/Book, Operating Margin. Profitability is solid with margins at 27.4% and operating margin at 72.3%. Revenue growth of 11.9% demonstrates continued momentum.

Bull Case : WPC

The strongest argument for WPC centers on Operating Margin, Profit Margin, Price/Book. Profitability is solid with margins at 29.7% and operating margin at 54.8%. PEG of 1.47 suggests the stock is reasonably priced for its 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.

Bear Case : WPC

The primary concerns for WPC are P/E Ratio, Return on Equity, Altman Z-Score.

Key Dynamics to Monitor

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

SAFE is growing revenue faster at 11.9% — sustainability is the question.

Monitor REIT - DIVERSIFIED industry trends, competitive dynamics, and regulatory changes.

Bottom Line

WPC scores higher overall (72/100 vs 68/100), backed by strong 29.7% margins. SAFE offers better value entry with a 82.0% margin of safety. Both earn "Strong Buy" and "Strong 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.

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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W P Carey Inc

REAL ESTATE · REIT - DIVERSIFIED · USA

WP Carey is among the largest net-lease REITs with an enterprise value of approximately $ 18 billion and a diversified portfolio of operationally critical commercial real estate that includes 1,215 net-lease properties covering approximately 142 million square feet as of March 30. September 2020.

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