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EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, National Storage Affiliates Trust's enterprise value is $7,845.5 Mil.
National Storage Affiliates Trust's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $475.5 Mil. Therefore, National Storage Affiliates Trust's EV-to-EBITDA for today is 16.50.
The historical rank and industry rank for National Storage Affiliates Trust's EV-to-EBITDA or its related term are showing as below:
NSA'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 11.37 Med: 18.48 Max: 36.71
Current: 16.5
During the past 13 years, the highest EV-to-EBITDA of National Storage Affiliates Trust was 36.71. The lowest was 11.37. And the median was 18.48.
NSA's EV-to-EBITDA is ranked worse than 55.99% of 684
companies
in the REITs industry
Industry Median: 15.52
vs NSA: 16.50
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
National Storage Affiliates Trust (NYSE:NSA) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
National Storage Affiliates Trust's PE Ratio (TTM) for today is calculated as:
National Storage Affiliates Trust's share price for today is $45.45.
National Storage Affiliates Trust's Earnings per Share (Diluted) 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 $0.750.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
* 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-EBITDA Chart
For the REIT - Industrial subindustry, National Storage Affiliates Trust's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, National Storage Affiliates Trust's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where National Storage Affiliates Trust's EV-to-EBITDA falls into.
National Storage Affiliates Trust's current Enterprise Value is $7,845.5 Mil.
National Storage Affiliates Trust's EBITDA 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 $475.5 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 (NSA) has a EV-to-EBITDA of 16.50 as of Jul. 17, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on National Storage Affiliates Trust. This is 11% below median its historical median of 18.48. Over the past decade, National Storage Affiliates Trust's EV-to-EBITDA has ranged from 11.37 to 36.71. According to the industry distribution chart, National Storage Affiliates Trust ranks #383 out of 684 companies in the REITs industry, placing it in the top 56%.
Is National Storage Affiliates Trust's EV-to-EBITDA too high?
National Storage Affiliates Trust's current EV-to-EBITDA of 16.50 is 11% below median its 10-year median of 18.48. Over the past 10 years, this metric has ranged from a low of 11.37 to a high of 36.71. The REITs industry median EV-to-EBITDA is 15.52. National Storage Affiliates Trust's value of 16.50 is 6.3% above this industry median. Based on the distribution chart, National Storage Affiliates Trust ranks #383 out of 684 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 Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Storage Affiliates Trust's EV-to-EBITDA compare to LXP and COLD?
According to the REITs industry distribution chart, National Storage Affiliates Trust ranks #383 out of 684 companies for EV-to-EBITDA. This places National Storage Affiliates Trust in the lower half of its industry. The industry median EV-to-EBITDA is 15.52. National Storage Affiliates Trust's value of 16.50 is 6.3% above this benchmark. Historically, National Storage Affiliates Trust's own EV-to-EBITDA has ranged from 11.37 to 36.71 over the past decade. While the company's 10-year median is 18.48 vs. the industry median of 15.52, 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-EBITDA for a REITs company?
The median EV-to-EBITDA among REITs companies is 15.52, based on 684 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA 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-EBITDA of 16.50 is 6.3% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on National Storage Affiliates Trust. For the REITs industry, the median EV-to-EBITDA is 15.52 — 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-EBITDA is 16.50, which is 11% below median its own 10-year median of 18.48. 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 Modestly Overvalued. The stock's GF Value™ is $40.49, compared to a current price of $45.45 — trading 12.2% above its estimated fair value. The current EV-to-EBITDA is 16.50, which is 11% below median its 10-year median of 18.48 and 6.3% above the REITs industry median of 15.52. 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For National Storage Affiliates Trust (NSA), the current EV-to-EBITDA is 16.50 as of Jul. 17, 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 $45.45 is trading 12.2% above its estimated GF Value™ of $40.49.
GuruFocus considers National Storage Affiliates Trust to be Modestly Overvalued.
Key valuation signals for NSA:
EV-to-EBITDA: 16.50 (11% below median its 10-year median of 18.48)
GF Value™: $40.49 vs. price of $45.45 (12.2% above fair value)
Industry Position: 6.3% above the REITs median (#383 of 684)
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
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
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