Business Description
National Storage REIT
1 Eagle Street, Level 16, Brisbane, QLD, AUS, 4000
Description
National Storage REIT, or NSR, is the largest self-storage providers in Australia and New Zealand, and the only ASX-listed entity focused purely on storage. Most of its properties are owned and operated, but it also has long-term leaseholds. Most NSR centres are in city fringe, suburban and regional areas. The industry is fragmented, mostly comprising single site owners, while the largest three players, NSR, privately owned Kennards, and the listed Abacus (owner of the Storage King brand) operate about one third of the market. NSR plans to continue acquiring and developing self-storage centres, consolidating the fragmented industry, as well generating organic growth via dynamic pricing and occupancy management. However, its large rivals are competing via similar strategies.
Financial Strength
3/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Cash-To-Debt | 0.06 | |||||
| Equity-to-Asset | 0.05 | |||||
| Debt-to-Equity | 4.95 | |||||
| Debt-to-EBITDA | 1.79 | |||||
| Interest Coverage | 4.42 | |||||
| Piotroski F-Score | 7/9 | |||||
| Altman Z-Score | 5.85 | |||||
| Beneish M-Score | -3.02 | |||||
| WACC vs ROIC | ||||||
Growth Rank
7/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 3-Year Revenue Growth Rate | -5.7 | |||||
| 3-Year EBITDA Growth Rate | 3.3 | |||||
| 3-Year EPS without NRI Growth Rate | 10.1 | |||||
| 3-Year FCF Growth Rate | -2.4 | |||||
| 3-Year Book Growth Rate | 3.1 |
Momentum Rank
10/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 5-Day RSI | 59.1 | |||||
| 9-Day RSI | 60.85 | |||||
| 14-Day RSI | 61.13 | |||||
| 6-1 Month Momentum % | -9.27 | |||||
| 12-1 Month Momentum % | 1.35 |
Liquidity Ratio
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Current Ratio | 0.29 | |||||
| Quick Ratio | 0.29 | |||||
| Cash Ratio | 0.2 | |||||
| Days Inventory | 16.08 | |||||
| Days Sales Outstanding | 22.19 | |||||
| Days Payable | 122.1 |
Dividend & Buy Back
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Dividend Yield % | 4.1 | |||||
| Dividend Payout Ratio | 9.46 | |||||
| 3-Year Dividend Growth Rate | -4.8 | |||||
| Forward Dividend Yield % | 4.1 | |||||
| 5-Year Yield-on-Cost % | 3.84 | |||||
| 3-Year Average Share Buyback Ratio | -27.8 |
Profitability Rank
6/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Gross Margin % | 86.14 | |||||
| Operating Margin % | 53.67 | |||||
| Net Margin % | 4.42 | |||||
| ROE % | 6.33 | |||||
| ROA % | 0.33 | |||||
| ROIC % | 3.92 | |||||
| ROC (Joel Greenblatt) % | 7102.94 | |||||
| ROCE % | 16.55 | |||||
| Years of Profitability over Past 10-Year | 4 |
GF Value Rank
1/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Price-to-FFO | 5.64 | |||||
| PE Ratio | 248 | |||||
| Forward PE Ratio | 22.47 | |||||
| PE Ratio without NRI | 244 | |||||
| Price-to-Owner-Earnings | 488 | |||||
| PEG Ratio | 28.37 | |||||
| PS Ratio | 11.37 | |||||
| PB Ratio | 15.9 | |||||
| Price-to-Tangible-Book | 20.67 | |||||
| Price-to-Free-Cash-Flow | 18.51 | |||||
| Price-to-Operating-Cash-Flow | 18.23 | |||||
| EV-to-EBIT | 19 | |||||
| EV-to-EBITDA | 19 | |||||
| EV-to-Revenue | 40.48 | |||||
| EV-to-FCF | 65.66 | |||||
| Price-to-Projected-FCF | 2.92 | |||||
| Price-to-Peter-Lynch-Fair-Value | 82.67 | |||||
| Price-to-Graham-Number | 15.5 | |||||
| Earnings Yield (Greenblatt) % | 5.26 | |||||
| Forward Rate of Return (Yacktman) % | 13.94 |
Guru Trades
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Insider Trades
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Executives
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Analyst Estimate
Key Statistics
| Name | Value | ||
|---|---|---|---|
| Revenue (TTM) (Mil A$) | 240.996 | ||
| EPS (TTM) (A$) | 0.01 | ||
| Beta | 1.15 | ||
| Volatility % | 26.52 | ||
| 14-Day RSI | 61.13 | ||
| 14-Day ATR (A$) | 0.053613 | ||
| 20-Day SMA (A$) | 2.4405 | ||
| 12-1 Month Momentum % | 1.35 | ||
| 52-Week Range (A$) | 2.03 - 2.78 | ||
| Shares Outstanding (Mil) | 1,195.5 |
Piotroski F-Score Details
Year:
| Component | Result | ||
|---|---|---|---|
| Piotroski F-Score | 7 | ||
| Positive ROA | |||
| Positive CFROA | |||
| Higher ROA yoy | |||
| CFROA > ROA | |||
| Lower Leverage yoy | |||
| Higher Current Ratio yoy | |||
| Less Shares Outstanding yoy | |||
| Higher Gross Margin yoy | |||
| Higher Asset Turnover yoy |
National Storage REIT Filings
| Document | Form | Filing Date | ||
|---|---|---|---|---|
| No Filing Data | ||||