Valuation CubeSmart

Stocks

Market Closed - NYSE 04:00:03 2026-10-23 pm EDT			5-day change	1st Jan Change
40.16 ^USD	+0.02%		+3.00%	+11.40%

Oct. 16	UBS Adjusts Price Target on CubeSmart to $38 From $43, Keeps Neutral Rating	MT
Sep. 30	Extra Space Storage Inc. : The Storage Recovery

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	9,043	-	-
Change	-	-27.41%	15.3%	-7.02%	-15.17%	10%	-	-
Enterprise Value (EV) ¹	15,653	12,029	13,339	12,606	11,618	12,477	12,601	12,769
Change	-	-23.15%	10.88%	-5.49%	-7.84%	7.4%	0.99%	1.34%
P/E	52.2x	31.2x	25.5x	24.9x	24.7x	26.2x	25.4x	24.7x
PBR	4.48x	3.2x	3.73x	3.4x	3.01x	3.61x	3.82x	4.09x
PEG	-	1.7x	0.6x	-4.53x	-1.6x	5.33x	7.68x	8.79x
Capitalization / Revenue	15.1x	8.95x	9.92x	9.09x	7.32x	7.94x	7.7x	7.38x
EV / Revenue	19x	11.9x	12.7x	11.8x	10.3x	11x	10.7x	10.4x
EV / EBITDA	29.9x	18.2x	19.1x	18.3x	16.4x	17.6x	17.3x	17.1x
EV / EBIT	53.9x	34.3x	26.8x	26.1x	25.9x	26.5x	25.8x	24.8x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	1.45	1.78	1.98	2.05	2.09	2.13	2.183	2.246
Rate of return	2.55%	4.42%	4.27%	4.78%	5.8%	5.3%	5.44%	5.59%
EPS ²	1.09	1.29	1.82	1.72	1.46	1.532	1.582	1.627
Distribution rate	133%	138%	109%	119%	143%	139%	138%	138%
Net sales ¹	822.6	1,010	1,050	1,066	1,123	1,139	1,175	1,226
EBITDA ¹	522.7	661.7	698.5	688.8	707	708.2	726.5	748.2
EBIT ¹	290.6	351.1	497.3	483.1	448.9	471.2	488	515.2
Net income ¹	223.5	291.3	410.8	391.2	333.8	352.2	362.3	373.4
Net Debt ¹	3,200	2,990	2,916	2,915	3,397	3,435	3,558	3,727
Reference price ²	56.91	40.25	46.35	42.85	36.05	40.16	40.16	40.16
Nbr of stocks (in thousands)	218,811	224,575	224,861	226,153	228,036	225,162	-	-
Announcement Date	2/24/22	2/23/23	2/29/24	2/27/25	2/26/26	-	-	-

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	26.22x	10.95x	17.62x	5.3%	9.04B
WELLTOWER INC.	81.92x	13.07x	35.18x	1.32%	171B
EQUINIX, INC.	55.67x	11.27x	21.95x	2.16%	94.23B
AMERICAN TOWER CORPORATION	27.21x	11.23x	17.05x	3.78%	88.05B
DIGITAL REALTY TRUST, INC.	60.14x	11.67x	21.65x	2.84%	63.95B
PUBLIC STORAGE	30.66x	13.95x	19.47x	3.88%	57.9B
VENTAS, INC.	157.2x	8.14x	22.38x	2.4%	44.52B
CROWN CASTLE INC.	44.64x	13.49x	20.07x	4.94%	36.62B
IRON MOUNTAIN INCORPORATED	59.52x	6.28x	16.9x	3.2%	32.74B
EXTRA SPACE STORAGE INC.	30.71x	14.58x	17.75x	4.55%	30.3B
Average	57.39x	11.46x	21.00x	3.44%	62.84B
Weighted average by Cap.	62.10x	11.84x	24.00x	2.78%