Shurgard Self Storage (FRA:S8V) EV-to-OCF: 16.38 (As of Sep. 13, 2026) — 32% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:S8V Shurgard Self Storage Ltd FRA:S8V
76 GF Score
Price €22.55
GF Value €40.71
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Shurgard Self Storage EV-to-OCF?

Shurgard Self Storage FRA:S8V +1.35% 76 EV-to-OCF is 16.38 as of Sep. 13, 2026, which is 32% below its 10-year median of 24.04. GuruFocus rates FRA:S8V with a GF Score™ of 76/100 and a GF Value™ of €40.71 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 931 REITs companies, Shurgard Self Storage ranks better than 53.6% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Shurgard Self Storage's Enterprise Value is €4,007.5 Mil. Shurgard Self Storage's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was €244.7 Mil. Therefore, Shurgard Self Storage's EV-to-OCF for today is 16.38.

The historical rank and industry rank for Shurgard Self Storage's EV-to-OCF or its related term are showing as below:

FRA:S8V' s EV-to-OCF Range Over the Past 10 Years
Min: 16.38   Med: 24.04   Max: 38.63
Current: 16.38

During the past 12 years, the highest EV-to-OCF of Shurgard Self Storage was 38.63. The lowest was 16.38. And the median was 24.04.

FRA:S8V's EV-to-OCF is ranked better than
53.6% of 931 companies
in the REITs industry
Industry Median: 17.54 vs FRA:S8V: 16.38

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

As of today (2026-09-13), Shurgard Self Storage's stock price is €22.55. Shurgard Self Storage's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €3.090. Therefore, Shurgard Self Storage's PE Ratio (TTM) for today is 7.30.


Shurgard Self Storage  (FRA:S8V) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

Shurgard Self Storage's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=22.55/3.090
=7.30

Shurgard Self Storage's share price for today is €22.55.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Shurgard Self Storage's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €3.090.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Shurgard Self Storage EV-to-OCF Related Terms


Shurgard Self Storage EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Shurgard Self Storage's EV-to-OCF 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.

Shurgard Self Storage EV-to-OCF Chart

Shurgard Self Storage Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.84 24.86 26.82 24.08 21.38

Shurgard Self Storage Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
EV-to-OCF 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 24.08 0.00 21.38 0.00

FRA:S8V vs EQIX, AMT, DLR: EV-to-OCF Comparison

For the REIT - Specialty subindustry, Shurgard Self Storage's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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.


Shurgard Self Storage EV-to-OCF vs REITs Industry

For the REITs industry and Real Estate sector, Shurgard Self Storage's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Shurgard Self Storage's EV-to-OCF falls into.


FRA:S8V
76GF Score
Shurgard Self Storage Ltd FRA:S8V
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shurgard Self Storage EV-to-OCF Calculation

Shurgard Self Storage's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=4007.501/244.674
=16.38

Shurgard Self Storage's current Enterprise Value is €4,007.5 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Shurgard Self Storage's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was €244.7 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-OCF →
What does a EV-to-OCF of 16.38 mean?
Shurgard Self Storage (FRA:S8V) has a EV-to-OCF of 16.38 as of Sep. 13, 2026. This is 32% below median its historical median of 24.04. Over the past decade, Shurgard Self Storage's EV-to-OCF has ranged from 16.38 to 38.63. According to the industry distribution chart, Shurgard Self Storage ranks #432 out of 931 companies in the REITs industry, placing it in the top 46.4%.
Is Shurgard Self Storage's EV-to-OCF too high?
Shurgard Self Storage's current EV-to-OCF of 16.38 is 32% below median its 10-year median of 24.04. Over the past 10 years, this metric has ranged from a low of 16.38 to a high of 38.63. The REITs industry median EV-to-OCF is 17.54. Shurgard Self Storage's value of 16.38 is 6.6% below this industry median. Based on the distribution chart, Shurgard Self Storage ranks #432 out of 931 companies in the REITs industry, which is above the industry midpoint. Overall, Shurgard Self Storage has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shurgard Self Storage's EV-to-OCF compare to EQIX and AMT?
According to the REITs industry distribution chart, Shurgard Self Storage ranks #432 out of 931 companies for EV-to-OCF. This puts Shurgard Self Storage in the upper half of its industry. The industry median EV-to-OCF is 17.54. Shurgard Self Storage's value of 16.38 is 6.6% below this benchmark. Historically, Shurgard Self Storage's own EV-to-OCF has ranged from 16.38 to 38.63 over the past decade. While the company's 10-year median is 24.04 vs. the industry median of 17.54, Shurgard Self Storage 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 EV-to-OCF for a REITs company?
The median EV-to-OCF among REITs companies is 17.54, based on 931 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shurgard Self Storage's current EV-to-OCF of 16.38 is 6.6% 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 EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the REITs industry, the median EV-to-OCF is 17.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shurgard Self Storage's current EV-to-OCF is 16.38, which is 32% below median its own 10-year median of 24.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shurgard Self Storage stock overvalued right now?
Based on GuruFocus' analysis, Shurgard Self Storage (FRA:S8V) is currently considered Possible Value Trap. The stock's GF Value™ is €40.71, compared to a current price of €22.55 — trading 44.6% below its estimated fair value. The current EV-to-OCF is 16.38, which is 32% below median its 10-year median of 24.04 and 6.6% below the REITs industry median of 17.54. Shurgard Self Storage's overall GF Score™ is 76/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Shurgard Self Storage (FRA:S8V), the current EV-to-OCF is 16.38 as of Sep. 13, 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 Shurgard Self Storage (FRA:S8V) Overvalued in 2026?

Based on GuruFocus' analysis, Shurgard Self Storage stock appears to be undervalued. The current stock price of €22.55 is trading 44.6% below its estimated GF Value™ of €40.71. GuruFocus considers Shurgard Self Storage to be Possible Value Trap.

Key valuation signals for FRA:S8V:

  • EV-to-OCF: 16.38 (32% below median its 10-year median of 24.04)
  • GF Value™: €40.71 vs. price of €22.55 (44.6% below fair value)
  • GF Score™: 76/100 with 7 warning signs
  • Industry Position: 6.6% below the REITs median (#432 of 931)

No single metric tells the full story. See the FRA:S8V stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shurgard Self Storage Business Description

Industry Real EstateREITs
Address Admiral Park, St Peters Port, Ground Floor, Plaza House, Guernsey, GGY, GY1 2HU
Shurgard Self Storage Ltd is an owner and operator of self-storage centers. The company has two reportable segments namely Same Stores and Non-Same Stores. It generates maximum revenue from the Same Stores segment. Geographically, the company derives the majority revenue from UK and also has a presence in the Netherlands, France, Sweden, Belgium, Germany and Denmark among others. It generates revenue through the lease of storage units and related activities, including insurance referrals and the sale of storage products and packaging.
76GF Score

Get the complete analysis for FRA:S8V

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

€22.55
Price
€40.71
GF Value