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Smartstop Self Storage REITSMA -0.06%40 Earnings Yield (Joel Greenblatt) % is 2.35% as of Mar. 2026, which is 8% above its 10-year median of 2.18. GuruFocus rates SMA with a GF Score™ of 40/100. The stock has 6 warning signs investors should review. Among 957 REITs companies, Smartstop Self Storage REIT ranks worse than 60.29% on this metric.
Smartstop Self Storage REIT's Enterprise Value for the quarter that ended in Mar. 2026 was $2,832.5 Mil.
Smartstop Self Storage REIT's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $66.6 Mil. Smartstop Self Storage REIT's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 2.35%.
The historical rank and industry rank for Smartstop Self Storage REIT's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
SMA'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.94 Med: 2.18 Max: 2.87
Current: 2.21
During the past 8 years, the highest Earnings Yield (Joel Greenblatt) of Smartstop Self Storage REIT was 2.87%. The lowest was 1.94%. And the median was 2.18%.
SMA's Earnings Yield (Joel Greenblatt) % is ranked worse than 60.29% of 957
companies
in the REITs industry
Industry Median: 3.45
vs SMA: 2.21
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Smartstop Self Storage REIT's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 24.68%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
The historical data trend for Smartstop Self Storage REIT's Earnings Yield (Joel Greenblatt) % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
SMA vs IIPR, ILPT, NSA: Earnings Yield (Joel Greenblatt) % Comparison
For the REIT - Industrial subindustry, Smartstop Self Storage REIT's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Smartstop Self Storage REIT Earnings Yield (Joel Greenblatt) % vs REITs Industry
For the REITs industry and Real Estate sector, Smartstop Self Storage REIT's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Smartstop Self Storage REIT's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Smartstop Self Storage REITs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Smartstop Self Storage REIT's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $66.6 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 2.35% mean?
Smartstop Self Storage REIT (SMA) has a Earnings Yield (Joel Greenblatt) % of 2.35% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Smartstop Self Storage REIT and its competitors. This is near median its historical median of 2.18. Over the past decade, Smartstop Self Storage REIT's Earnings Yield (Joel Greenblatt) % has ranged from 1.94 to 2.87. According to the industry distribution chart, Smartstop Self Storage REIT ranks #577 out of 957 companies in the REITs industry, placing it in the top 60.3%.
Is Smartstop Self Storage REIT's Earnings Yield (Joel Greenblatt) % too high?
Smartstop Self Storage REIT's current Earnings Yield (Joel Greenblatt) % of 2.35% is near median its 10-year median of 2.18. Over the past 10 years, this metric has ranged from a low of 1.94 to a high of 2.87. The REITs industry median Earnings Yield (Joel Greenblatt) % is 3.45. Smartstop Self Storage REIT's value of 2.35% is 31.9% below this industry median. Based on the distribution chart, Smartstop Self Storage REIT ranks #577 out of 957 companies in the REITs industry, which is below the industry midpoint. Overall, Smartstop Self Storage REIT has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Smartstop Self Storage REIT's Earnings Yield (Joel Greenblatt) % compare to IIPR and ILPT?
According to the REITs industry distribution chart, Smartstop Self Storage REIT ranks #577 out of 957 companies for Earnings Yield (Joel Greenblatt) %. This places Smartstop Self Storage REIT in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.45. Smartstop Self Storage REIT's value of 2.35% is 31.9% below this benchmark. Historically, Smartstop Self Storage REIT's own Earnings Yield (Joel Greenblatt) % has ranged from 1.94 to 2.87 over the past decade. While the company's 10-year median is 2.18 vs. the industry median of 3.45, Smartstop Self Storage REIT has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a REITs company?
The median Earnings Yield (Joel Greenblatt) % among REITs companies is 3.45, based on 957 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Smartstop Self Storage REIT's current Earnings Yield (Joel Greenblatt) % of 2.35% is 31.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Smartstop Self Storage REIT and its competitors. For the REITs industry, the median Earnings Yield (Joel Greenblatt) % is 3.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smartstop Self Storage REIT's current Earnings Yield (Joel Greenblatt) % is 2.35%, which is near median its own 10-year median of 2.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smartstop Self Storage REIT stock overvalued right now?
Smartstop Self Storage REIT (SMA) has a current Earnings Yield (Joel Greenblatt) % of 2.35%. The current Earnings Yield (Joel Greenblatt) % is 2.35%, which is near median its 10-year median of 2.18 and 31.9% below the REITs industry median of 3.45. Smartstop Self Storage REIT's overall GF Score™ is 40/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Smartstop Self Storage REIT (SMA), the current Earnings Yield (Joel Greenblatt) % is 2.35% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Smartstop Self Storage REIT Inc operates as a real estate investment trust. The trust owns, acquires, and operates self-storage properties. It operates in two segments, namely, self-storage operations, which generate key revenue, and the managed REIT platform business. The investment objective is to focus on investing in self-storage facilities and related self-storage real estate investments that are expected to support sustainable stockholder distributions over the long term.
40GF Score
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