COMP <GO>
SAFE vs MS // FORWARD P/E MULTIPLE
Safehold Inc. (NYSE) VS. Morgan Stanley (NYSE) • 15-METRIC TALLY: SAFE 8
— MS 3
▲ FORWARD P/E MULTIPLE LEADER: SAFE
LAST: $11.30 (-0.35%) • MKT CAP: $803.1M
forward-pe
6.5x
LAST: $184.30 (-3.00%) • MKT CAP: $298.41B
forward-pe
16.5x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (SAFE VS. MS)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | SAFE | MS | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 3.30% | 3.00% | +0.30 | SAFE | /roic <GO> |
| EV/EBITDA & P/E Valuation | 7.7x | 31.0x | -23.30 | SAFE | /valuation <GO> |
| Free Cash Flow Yield | 5.95% | -7.25% | +13.20 | SAFE | /fcf-yield <GO> |
| Operating Margin | 26.20% | 24.60% | +1.60 | SAFE | /operating-margins <GO> |
| Net Profit Margin | 29.70% | 20.20% | +9.50 | SAFE | /net-margins <GO> |
| Revenue Growth (YoY) | 5.40% | 5.50% | -0.10 | MS | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 6.34% | 2.21% | +4.13 | SAFE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 6/9 | 5/9 | +1.00 | SAFE | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 41.4 | 51.0 | -9.60 | MS | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | 1.04 | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple ACTIVE | 6.5x | 16.5x | -10.00 | SAFE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $803.1M | $298.41B | -$297.60B | MS | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | SAFE REV | MS REV | SAFE GROSS % | MS GROSS % | SAFE FCF | MS FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $385.6M | $0 | — | — | $47.8M | -$17.89B |
| FY 2024 | $365.7M | $0 | — | — | $37.9M | $1.36B |
| FY 2023 | $352.6M | $0 | — | — | $15.4M | -$33.54B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
SAFE // BETA —
MS // BETA 1.04