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Extra Space Storage (MEX:EXR) EV-to-EBIT Explanation
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Extra Space Storage's Enterprise Value for the quarter that ended in Mar. 2026 was MXN815,403 Mil.
Extra Space Storage'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 MXN30,639 Mil.
* 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.
Extra Space Storage EV-to-EBIT Related Terms
Extra Space Storage EV-to-EBIT Historical Data
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The historical data trend for Extra Space Storage's EV-to-EBIT 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.
For the REIT - Industrial subindustry, Extra Space Storage's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.
Extra Space Storage EV-to-EBIT vs REITs Industry
For the REITs industry and Real Estate sector, Extra Space Storage's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Extra Space Storage's EV-to-EBIT falls into.
Extra Space Storage's current Enterprise Value is MXN791,435 Mil.
Extra Space Storage'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 MXN30,639 Mil.
* 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.
Extra Space Storage (MEX:EXR) has a EV-to-EBIT of 25.83 as of Jul. 22, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Extra Space Storage and its competitors. This is 11% below median its historical median of 28.99. Over the past decade, Extra Space Storage's EV-to-EBIT has ranged from 21.62 to 39.02. According to the industry distribution chart, Extra Space Storage ranks #454 out of 663 companies in the REITs industry, placing it in the top 68.5%.
Is Extra Space Storage's EV-to-EBIT too high?
Extra Space Storage's current EV-to-EBIT of 25.83 is 11% below median its 10-year median of 28.99. Over the past 10 years, this metric has ranged from a low of 21.62 to a high of 39.02. The REITs industry median EV-to-EBIT is 18.39. Extra Space Storage's value of 25.83 is 40.5% above this industry median. Based on the distribution chart, Extra Space Storage ranks #454 out of 663 companies in the REITs industry, which is below the industry midpoint. Overall, Extra Space Storage has a GF Score™ of 92/100, reflecting its overall financial health beyond just this single metric.
How does Extra Space Storage's EV-to-EBIT compare to EGP and LINE?
According to the REITs industry distribution chart, Extra Space Storage ranks #454 out of 663 companies for EV-to-EBIT. This places Extra Space Storage in the lower half of its industry. The industry median EV-to-EBIT is 18.39. Extra Space Storage's value of 25.83 is 40.5% above this benchmark. Historically, Extra Space Storage's own EV-to-EBIT has ranged from 21.62 to 39.02 over the past decade. While the company's 10-year median is 28.99 vs. the industry median of 18.39, Extra Space Storage has consistently been above 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 EV-to-EBIT for a REITs company?
The median EV-to-EBIT among REITs companies is 18.39, based on 663 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Extra Space Storage's current EV-to-EBIT of 25.83 is 40.5% above 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Extra Space Storage and its competitors. For the REITs industry, the median EV-to-EBIT is 18.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Extra Space Storage's current EV-to-EBIT is 25.83, which is 11% below median its own 10-year median of 28.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Extra Space Storage stock overvalued right now?
Extra Space Storage (MEX:EXR) has a current EV-to-EBIT of 25.83. The stock's GF Value™ is MXN2,655.48, compared to a current price of MXN2,608.00 — trading 1.8% below its estimated fair value. The current EV-to-EBIT is 25.83, which is 11% below median its 10-year median of 28.99 and 40.5% above the REITs industry median of 18.39. Extra Space Storage's overall GF Score™ is 92/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Extra Space Storage (MEX:EXR), the current EV-to-EBIT is 25.83 as of Jul. 22, 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.
Is Extra Space Storage (MEX:EXR) Overvalued in 2026?
Based on GuruFocus' analysis, Extra Space Storage stock appears to be undervalued.
The current stock price of MXN2,608.00 is trading 1.8% below its estimated GF Value™ of MXN2,655.48.
Key valuation signals for MEX:EXR:
EV-to-EBIT: 25.83 (11% below median its 10-year median of 28.99)
GF Value™: MXN2,655.48 vs. price of MXN2,608.00 (1.8% below fair value)
Industry Position: 40.5% above the REITs median (#454 of 663)
No single metric tells the full story. See the MEX:EXR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Extra Space Storage is a fully integrated real estate investment trust that owns, operates, and manages more than 4,200 self-storage properties in 43 states, with over 330 million net rentable square feet of storage space. Of these properties, approximately one half is wholly owned, while some facilities are owned through joint ventures and others are owned by third parties and managed by Extra Space Storage in exchange for a management fee.
92GF Score
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