NTSGF (National Storage REIT) EV-to-EBITDA: 34.41 (As of Jul. 31, 2026) — 89% Above Median

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NTSGF National Storage REIT NTSGF
78 GF Score
Price $1.83
GF Value $1.72
! 11 Warning Signs
View Full Analysis

What is National Storage REIT EV-to-EBITDA?

National Storage REIT NTSGF 78 EV-to-EBITDA is 34.41 as of Jul. 31, 2026, which is 89% above its 10-year median of 18.23. GuruFocus rates NTSGF with a GF Score™ of 78/100 and a GF Value™ of $1.72. The stock has 11 warning signs investors should review.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, National Storage REIT's enterprise value is $6,745.3 Mil. National Storage REIT's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was $196.0 Mil. Therefore, National Storage REIT's EV-to-EBITDA for today is 34.41.

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

NTSGF' s EV-to-EBITDA Range Over the Past 10 Years
Min: 9.41   Med: 18.23   Max: 32.58
Current: 32.58

During the past 12 years, the highest EV-to-EBITDA of National Storage REIT was 32.58. The lowest was 9.41. And the median was 18.23.

NTSGF's EV-to-EBITDA is not ranked
in the REITs industry.
Industry Median: 15.5 vs NTSGF: 32.58

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.

As of today (2026-07-31), National Storage REIT's stock price is $1.8312. National Storage REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $0.006. Therefore, National Storage REIT's PE Ratio (TTM) for today is 305.20.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


National Storage REIT  (OTCPK:NTSGF) 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 REIT's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1.8312/0.006
=305.20

National Storage REIT's share price for today is $1.8312.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. National Storage REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $0.006.

* 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).

Please read Which price ratio outperforms the enterprise multiple?


National Storage REIT EV-to-EBITDA Related Terms


National Storage REIT EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for National Storage REIT's EV-to-EBITDA 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 REIT EV-to-EBITDA Chart

National Storage REIT Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.20 9.36 19.10 26.66 26.21

National Storage REIT Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EV-to-EBITDA 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 0.00 26.66 0.00 26.21 0.00

NTSGF vs PLD, PSA, EXR: EV-to-EBITDA Comparison

For the REIT - Industrial subindustry, National Storage REIT'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 REIT EV-to-EBITDA vs REITs Industry

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

* The bar in red indicates where National Storage REIT's EV-to-EBITDA falls into.


NTSGF
78GF Score
National Storage REIT NTSGF
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Storage REIT EV-to-EBITDA Calculation

National Storage REIT's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=6745.310/196.003
=34.41

National Storage REIT's current Enterprise Value is $6,745.3 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. National Storage REIT's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was $196.0 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-EBITDA →
What does a EV-to-EBITDA of 34.41 mean?
National Storage REIT (NTSGF) has a EV-to-EBITDA of 34.41 as of Jul. 31, 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 REIT. This is 89% above median its historical median of 18.23. Over the past decade, National Storage REIT's EV-to-EBITDA has ranged from 9.41 to 32.58.
Is National Storage REIT's EV-to-EBITDA too high?
National Storage REIT's current EV-to-EBITDA of 34.41 is 89% above median its 10-year median of 18.23. Over the past 10 years, this metric has ranged from a low of 9.41 to a high of 32.58. The REITs industry median EV-to-EBITDA is 15.50. National Storage REIT's value of 34.41 is 122% above this industry median. Overall, National Storage REIT has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does National Storage REIT's EV-to-EBITDA compare to PLD and PSA?
National Storage REIT's EV-to-EBITDA of 34.41 can be compared against companies in the REITs industry. The industry median EV-to-EBITDA is 15.50. National Storage REIT's value of 34.41 is 122% above this benchmark. Historically, National Storage REIT's own EV-to-EBITDA has ranged from 9.41 to 32.58 over the past decade. While the company's 10-year median is 18.23 vs. the industry median of 15.50, National Storage REIT 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 15.50, based on 673 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 REIT's current EV-to-EBITDA of 34.41 is 122% 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 REIT. For the REITs industry, the median EV-to-EBITDA is 15.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Storage REIT's current EV-to-EBITDA is 34.41, which is 89% above median its own 10-year median of 18.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Storage REIT stock overvalued right now?
National Storage REIT (NTSGF) has a current EV-to-EBITDA of 34.41. The stock's GF Value™ is $1.72, compared to a current price of $1.83 — trading 6.5% above its estimated fair value. The current EV-to-EBITDA is 34.41, which is 89% above median its 10-year median of 18.23 and 122% above the REITs industry median of 15.50. National Storage REIT's overall GF Score™ is 78/100 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 REIT (NTSGF), the current EV-to-EBITDA is 34.41 as of Jul. 31, 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 REIT (NTSGF) Overvalued in 2026?

Based on GuruFocus' analysis, National Storage REIT stock appears to be overvalued. The current stock price of $1.83 is trading 6.5% above its estimated GF Value™ of $1.72.

Key valuation signals for NTSGF:

  • EV-to-EBITDA: 34.41 (89% above median its 10-year median of 18.23)
  • GF Value™: $1.72 vs. price of $1.83 (6.5% above fair value)
  • GF Score™: 78/100 with 11 warning signs
  • Industry Position: 122% above the REITs median

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


National Storage REIT Business Description

Industry Real EstateREITs
Address 1 Eagle Street, Level 16, Brisbane, QLD, AUS, 4000
National Storage REIT is the largest self-storage operator in Australia and New Zealand. Majority of its income is derived from rents. Additional revenue streams come from ancillary products and services such as packaging materials, locks, and insurance. The REIT owns most of the centers it operates, and leases roughly a dozen of the sites secured under long-term agreements. The self-storage industry is fragmented, with three large players in National Storage, the listed Abacus Storage King, and privately owned Kennards, accounting for about one-third of the market. The rest are independent operators, with a single center or a small state-based portfolio of assets. Besides organic rent increases, the company's key growth drivers are acquisitions and developments.
78GF Score

Get the complete analysis for NTSGF

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

$1.83
Price
$1.72
GF Value