AH Realty Trust Inc (AHRT) vs Safehold Inc. (SAFE)

AH Realty Trust Inc and Safehold Inc. are both Reit Diversified companies. Safehold Inc. is the larger, with a market value of $876.7M against $586.1M — 1.5× the size. AH Realty Trust Inc has negative trailing earnings, so its P/E is not meaningful; Safehold Inc. trades at 7.6×. AH Realty Trust Inc grew revenue faster over the last twelve months: 9,002.8% against 12.2%. Safehold Inc. has the higher net margin (27.7% vs −16.6%) and the higher return on invested capital (5.53% vs 2.91%). Both pay a dividend; AH Realty Trust Inc yields more (6.61% vs 3.44%). Across the 20 metrics below, Safehold Inc. leads on 14 and AH Realty Trust Inc on 6.

Valuation

Metric AHRT SAFE Reit Diversified median
P/E n/m 7.57 23.72
P/S 1.54 2.09 3.28
P/B 0.82 0.33 0.87
Price to free cash flow 6.66 n/m 9.21
EV/EBITDA 9.02 5.45 11.57
EV/Sales 5.06 4.36 6.64
Earnings yield (10.66%) 13.21% 1.04%
Free cash flow yield 15.02% (15.93%) 0.16%

Profitability

Metric AHRT SAFE Reit Diversified median
Gross margin 67.30% 92.63% 77.09%
Operating margin 27.94% 75.61% 33.33%
Net margin (16.57%) 27.69% 2.62%
Free cash flow margin 23.11% (33.27%) 3.11%
Return on equity (7.77%) 4.61% 3.13%
Return on assets (2.13%) 1.59% 0.35%
Return on invested capital 2.91% 5.53% 2.80%

Growth

Metric AHRT SAFE Reit Diversified median
Revenue growth (TTM) 9,002.83% 12.15% 5.49%
EPS growth (last fiscal year) (124.24%) 7.43% —
Revenue growth, 5-year CAGR (5.76%) 3.53% 4.83%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric AHRT SAFE Reit Diversified median
Debt to equity 1.46 1.77 1.13
Current ratio 3.10 34.36 1.47
Net debt to EBITDA 9.19 3.00 5.88

Dividend

Metric AHRT SAFE Reit Diversified median
Dividend yield 6.61% 3.44% 7.13%
Payout ratio 1.13 7.14 1.37

Size

Metric AHRT SAFE Reit Diversified median
Market cap 586.10m 876.71m 729.58m

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