Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, National Storage REIT's Enterprise Value is $6,745.3 Mil.
National Storage REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $196.0 Mil. Therefore, National Storage REIT's EV-to-EBIT ratio for today is 34.41.
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 ratio for today is 34.41.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
National Storage REIT (OTCPK:NTSGF) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
National Storage REIT's current Enterprise Value is $6,745.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. National Storage REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $196.0 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
National Storage REIT's EV-to-EBITDA for today is:
National Storage REIT's current Enterprise Value is $6,745.3 Mil.
For company reported semi-annually or 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.
National Storage REIT's current Enterprise Value is $6,745.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. National Storage REIT's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was $242.2 Mil.
National Storage REIT's current Enterprise Value is $6,745.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. National Storage REIT's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was $150.8 Mil.
National Storage REIT's current Enterprise Value is $6,745.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. National Storage REIT's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was $147.8 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 REIT Enterprise Value Related Terms
National Storage REIT Enterprise Value Historical Data
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The historical data trend for National Storage REIT's Enterprise Value 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.
NTSGF vs PLD, PSA, EXR: Enterprise Value Comparison
For the REIT - Industrial subindustry, National Storage REIT's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs REITs Industry
For the REITs industry and Real Estate sector, National Storage REIT's Enterprise Value distribution charts can be found below:
* The bar in red indicates where National Storage REIT's Enterprise Value falls into.
National Storage REIT Enterprise Value Calculation
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
National Storage REIT's Enterprise Value for the fiscal year that ended in Jun. 2025 is calculated as
* 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.
What does a Enterprise Value of $6,745.3 Mil mean?
National Storage REIT (NTSGF) has a Enterprise Value of $6,745.3 Mil as of Jun. 29, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on National Storage REIT and its competitors.
Is National Storage REIT's Enterprise Value too high?
National Storage REIT's current Enterprise Value is $6,745.3 Mil. 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 Enterprise Value compare to PLD and PSA?
National Storage REIT's Enterprise Value of $6,745.3 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a REITs company?
A good Enterprise Value depends on the REITs industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on National Storage REIT and its competitors. National Storage REIT's current Enterprise Value is $6,745.3 Mil. 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 Enterprise Value of $6,745.3 Mil. 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 Enterprise Value is $6,745.3 Mil. 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 Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For National Storage REIT (NTSGF), the current Enterprise Value is $6,745.3 Mil as of Jun. 29, 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:
Enterprise Value: $6,745.3 Mil
GF Value™: $1.72 vs. price of $1.83 (6.5% above fair value)
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 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
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