NSA (National Storage Affiliates Trust) EV-to-EBIT: 26.86 (As of Jul. 16, 2026) — 23% Below Median

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NSA National Storage Affiliates Trust NSA
79 GF Score
Price $44.08
GF Value $40.49
Valuation Fairly Valued
! 11 Warning Signs
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What is National Storage Affiliates Trust EV-to-EBIT?

National Storage Affiliates Trust NSA -1.48% 79 EV-to-EBIT is 26.86 as of Jul. 16, 2026, which is 23% below its 10-year median of 34.83. GuruFocus rates NSA with a GF Score™ of 79/100 and a GF Value™ of $40.49 (Fairly Valued). The stock has 11 warning signs investors should review. Among 666 REITs companies, National Storage Affiliates Trust ranks worse than 68.32% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, National Storage Affiliates Trust's Enterprise Value is $7,739.1 Mil. National Storage Affiliates Trust's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $288.1 Mil. Therefore, National Storage Affiliates Trust's EV-to-EBIT for today is 26.86.

The historical rank and industry rank for National Storage Affiliates Trust's EV-to-EBIT or its related term are showing as below:

NSA' s EV-to-EBIT Range Over the Past 10 Years
Min: 16.6   Med: 34.83   Max: 70.39
Current: 26.86

During the past 13 years, the highest EV-to-EBIT of National Storage Affiliates Trust was 70.39. The lowest was 16.60. And the median was 34.83.

NSA's EV-to-EBIT is ranked worse than
68.32% of 666 companies
in the REITs industry
Industry Median: 17.995 vs NSA: 26.86

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. National Storage Affiliates Trust's Enterprise Value for the quarter that ended in Mar. 2026 was $7,228.5 Mil. National Storage Affiliates Trust's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $288.1 Mil. National Storage Affiliates Trust's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.99%.


National Storage Affiliates Trust  (NYSE:NSA) 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.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

National Storage Affiliates Trust's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=288.124/7228.52838
=3.99 %

National Storage Affiliates Trust's Enterprise Value for the quarter that ended in Mar. 2026 was $7,228.5 Mil.
National Storage Affiliates Trust'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 $288.1 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.


National Storage Affiliates Trust EV-to-EBIT Related Terms


National Storage Affiliates Trust EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for National Storage Affiliates Trust'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.

National Storage Affiliates Trust EV-to-EBIT Chart

National Storage Affiliates Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.11 25.93 19.95 21.52 23.09

National Storage Affiliates Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.73 25.22 24.64 23.09 25.09

NSA vs LXP, COLD, SMA: EV-to-EBIT Comparison

For the REIT - Industrial subindustry, National Storage Affiliates Trust'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.


National Storage Affiliates Trust EV-to-EBIT vs REITs Industry

For the REITs industry and Real Estate sector, National Storage Affiliates Trust's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where National Storage Affiliates Trust's EV-to-EBIT falls into.


NSA
79GF Score
National Storage Affiliates Trust NSA
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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National Storage Affiliates Trust EV-to-EBIT Calculation

National Storage Affiliates Trust's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=7739.113/288.124
=26.86

National Storage Affiliates Trust's current Enterprise Value is $7,739.1 Mil.
National Storage Affiliates Trust'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 $288.1 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 26.86 mean?
National Storage Affiliates Trust (NSA) has a EV-to-EBIT of 26.86 as of Jul. 16, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on National Storage Affiliates Trust and its competitors. This is 23% below median its historical median of 34.83. Over the past decade, National Storage Affiliates Trust's EV-to-EBIT has ranged from 16.60 to 70.39. According to the industry distribution chart, National Storage Affiliates Trust ranks #455 out of 666 companies in the REITs industry, placing it in the top 68.3%.
Is National Storage Affiliates Trust's EV-to-EBIT too high?
National Storage Affiliates Trust's current EV-to-EBIT of 26.86 is 23% below median its 10-year median of 34.83. Over the past 10 years, this metric has ranged from a low of 16.60 to a high of 70.39. The REITs industry median EV-to-EBIT is 18.00. National Storage Affiliates Trust's value of 26.86 is 49.3% above this industry median. Based on the distribution chart, National Storage Affiliates Trust ranks #455 out of 666 companies in the REITs industry, which is below the industry midpoint. Overall, National Storage Affiliates Trust has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does National Storage Affiliates Trust's EV-to-EBIT compare to LXP and COLD?
According to the REITs industry distribution chart, National Storage Affiliates Trust ranks #455 out of 666 companies for EV-to-EBIT. This places National Storage Affiliates Trust in the lower half of its industry. The industry median EV-to-EBIT is 18.00. National Storage Affiliates Trust's value of 26.86 is 49.3% above this benchmark. Historically, National Storage Affiliates Trust's own EV-to-EBIT has ranged from 16.60 to 70.39 over the past decade. While the company's 10-year median is 34.83 vs. the industry median of 18.00, National Storage Affiliates Trust 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 18.00, based on 666 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. National Storage Affiliates Trust's current EV-to-EBIT of 26.86 is 49.3% 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 National Storage Affiliates Trust and its competitors. For the REITs industry, the median EV-to-EBIT is 18.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Storage Affiliates Trust's current EV-to-EBIT is 26.86, which is 23% below median its own 10-year median of 34.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Storage Affiliates Trust stock overvalued right now?
Based on GuruFocus' analysis, National Storage Affiliates Trust (NSA) is currently considered Fairly Valued. The stock's GF Value™ is $40.49, compared to a current price of $44.08 — trading 8.9% above its estimated fair value. The current EV-to-EBIT is 26.86, which is 23% below median its 10-year median of 34.83 and 49.3% above the REITs industry median of 18.00. National Storage Affiliates Trust's overall GF Score™ is 79/100 with 11 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 National Storage Affiliates Trust (NSA), the current EV-to-EBIT is 26.86 as of Jul. 16, 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 National Storage Affiliates Trust (NSA) Overvalued in 2026?

Based on GuruFocus' analysis, National Storage Affiliates Trust stock appears to be overvalued. The current stock price of $44.08 is trading 8.9% above its estimated GF Value™ of $40.49. GuruFocus considers National Storage Affiliates Trust to be Fairly Valued.

Key valuation signals for NSA:

  • EV-to-EBIT: 26.86 (23% below median its 10-year median of 34.83)
  • GF Value™: $40.49 vs. price of $44.08 (8.9% above fair value)
  • GF Score™: 79/100 with 11 warning signs
  • Industry Position: 49.3% above the REITs median (#455 of 666)

No single metric tells the full story. See the NSA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


National Storage Affiliates Trust Business Description

Industry Real EstateREITs
Other Exchanges NSApA.PFD:USANSAT34:Brazil
Address 8400 East Prentice Avenue, 9th Floor, Greenwood Village, CO, USA, 80111
National Storage Affiliates Trust Trust is a real estate investment trust. The company owns, operates, and acquires self-storage properties located within the metropolitan statistical areas throughout the United States. With the help of property management platform, the company manages and controls the day-to-day operations and affairs of consolidated properties and unconsolidated real estate ventures under the iStorage, SecurCare, RightSpace, Northwest and Move It brands.
79GF Score

Get the complete analysis for NSA

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$44.08
Price
$40.49
GF Value