Valuation CubeSmart

Stocks

Real-time Estimate Cboe BZX 04:51:51 15/08/26 am AEST			5-day change	1st Jan Change
41.67 ^USD	-0.19%		-0.13%	+15.71%

04/08	RBC Capital Adjusts Price Target on CubeSmart to $47 From $46, Maintains Outperform Rating	MT
04/08	Analyst recommendations: Walmart, Palantir Technologies, Cigna, Marriott International, Bank of New York Mellon Corporation...

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	12,453	9,039	10,422	9,691	8,221	9,401	-	-
Change	-	-27.41%	15.3%	-7.02%	-15.17%	14.35%	-	-
Enterprise Value (EV) ¹	15,653	12,029	13,339	12,606	11,618	12,883	13,018	13,243
Change	-	-23.15%	10.88%	-5.49%	-7.84%	10.89%	1.05%	1.73%
P/E	52.2x	31.2x	25.5x	24.9x	24.7x	26.6x	27.3x	26.8x
PBR	4.48x	3.2x	3.73x	3.4x	3.01x	3.7x	3.94x	4.23x
PEG	-	1.7x	0.6x	-4.53x	-1.6x	3.54x	-11.39x	17.25x
Capitalization / Revenue	15.1x	8.95x	9.92x	9.09x	7.32x	8.3x	8.02x	7.75x
EV / Revenue	19x	11.9x	12.7x	11.8x	10.3x	11.4x	11.1x	10.9x
EV / EBITDA	29.9x	18.2x	19.1x	18.3x	16.4x	18x	17.8x	17.6x
EV / EBIT	53.9x	34.3x	26.8x	26.1x	25.9x	27.1x	27.7x	27.1x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	1.45	1.78	1.98	2.05	2.09	2.13	2.188	2.223
Rate of return	2.55%	4.42%	4.27%	4.78%	5.8%	5.1%	5.24%	5.32%
EPS ²	1.09	1.29	1.82	1.72	1.46	1.57	1.532	1.556
Distribution rate	133%	138%	109%	119%	143%	136%	143%	143%
Net sales ¹	822.6	1,010	1,050	1,066	1,123	1,133	1,172	1,213
EBITDA ¹	522.7	661.7	698.5	688.8	707	715.3	731	753.4
EBIT ¹	290.6	351.1	497.3	483.1	448.9	475.1	469.5	488.4
Net income ¹	223.5	291.3	410.8	391.2	333.8	351.8	350.6	356.2
Net Debt ¹	3,200	2,990	2,916	2,915	3,397	3,482	3,617	3,843
Reference price ²	56.91	40.25	46.35	42.85	36.05	41.75	41.75	41.75
Nbr of stocks (in thousands)	218,811	224,575	224,861	226,153	228,036	225,162	-	-
Announcement Date	24/2/22	23/2/23	29/2/24	27/2/25	26/2/26	-	-	-

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
CUBESMART	26.6x	11.35x	18.09x	5.1%	9.4B
PUBLIC STORAGE	33.46x	14.61x	20.52x	3.66%	61.41B
EXTRA SPACE STORAGE INC.	31.96x	14.76x	17.91x	4.34%	31.56B
LINEAGE, INC.	-61.2x	3.23x	13.64x	4.98%	9.8B
SHURGARD SELF-STORAGE LTD.	14.25x	9x	15.75x	4.75%	2.87B
BIG YELLOW GROUP PLC	13.52x	10.57x	17.01x	5.24%	2.39B
SMARTSTOP SELF STORAGE REIT, INC.	57.37x	9.58x	18.11x	4.69%	1.9B
SAFESTORE HOLDINGS PLC	10.42x	9.6x	17.41x	5%	1.84B
STORAGE KING GROUP	18.03x	12.03x	23.13x	4.88%	1.17B
Average	16.05x	10.53x	17.95x	4.74%	13.59B
Weighted average by Cap.	24.00x	13.10x	18.87x	4.15%