National Storage REIT's earnings per share without non-recurring items for the
six
months ended in Dec. 2025 was $0.04.
Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Dec. 2025 was $0.01.
During the past 12 months, National Storage REIT's average earnings per share (NRI) Growth Rate was -93.30% per year.
During the past 3 years, the average earnings per share (NRI) Growth Rate was -65.20% per year.
During the past 5 years, the average earnings per share (NRI) Growth Rate was -29.00% per year.
During the past 10 years, the average earnings per share (NRI) Growth Rate was 0.00% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using Earnings per share without Non-Recurring Items (NRI) data.
The historical rank and industry rank for National Storage REIT's EPS without NRI or its related term are showing as below:
NTSGF'
s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -65.2 Med: -3.45 Max: 33.1
Current: -65.2
During the past 12 years, National Storage REIT's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 33.10% per year. The lowest was -65.20% per year. And the median was -3.45% per year.
NTSGF's 3-Year EPS without NRI Growth Rate is not ranked
in the REITs industry.
Industry Median: 0.7
vs NTSGF: -65.20
National Storage REIT (OTCPK:NTSGF) EPS without NRI Explanation
EPS without NRI removes onetime and unusual items from EPS, to provide investors with a more accurate measure of the company’s true earnings. The earnings are adjusted for items that are irregular or unusual in nature, and/or are non-recurring. This is calculated using Net Income (Continuing Operations) plus/minus any tax affected unusual Items and Goodwill Impairments/Write Offs. This can be used to fairly measure a company's profitability.
Be Aware
Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.
If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.
National Storage REIT EPS without NRI Related Terms
National Storage REIT EPS without NRI Historical Data
* Premium members only.
The historical data trend for National Storage REIT's EPS without NRI 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: EPS without NRI Comparison
For the REIT - Industrial subindustry, National Storage REIT's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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 PE Ratio without NRI vs REITs Industry
For the REITs industry and Real Estate sector, National Storage REIT's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where National Storage REIT's PE Ratio without NRI falls into.
Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.
Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company's stock.
EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.01
* 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 (NTSGF) has a EPS without NRI of $0.01 as of Dec. 2025. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on National Storage REIT and its competitors.
Is National Storage REIT's EPS without NRI too high?
National Storage REIT's current EPS without NRI is $0.01. The REITs industry median EPS without NRI is 0.70. National Storage REIT's value of $0.01 is 98.6% below 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 EPS without NRI compare to PLD and PSA?
National Storage REIT's EPS without NRI of $0.01 can be compared against companies in the REITs industry. The industry median EPS without NRI is 0.70. National Storage REIT's value of $0.01 is 98.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EPS without NRI for a REITs company?
The median EPS without NRI among REITs companies is 0.70, based on 678 companies in the industry. Companies in the top quartile (top 25%) have a EPS without NRI significantly above this median, while those in the bottom quartile fall well below. However, EPS without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National Storage REIT's current EPS without NRI of $0.01 is 98.6% 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 EPS without NRI mean?
A high EPS without NRI can signal that a stock is expensive relative to its fundamentals. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on National Storage REIT and its competitors. For the REITs industry, the median EPS without NRI is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Storage REIT's current EPS without NRI is $0.01. 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 EPS without NRI of $0.01. 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 EPS without NRI is $0.01 and 98.6% below the REITs industry median of 0.70. 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 EPS without NRI calculated?
EPS without NRI is calculated from a company's financial statements. For National Storage REIT (NTSGF), the current EPS without NRI is $0.01 as of Dec. 2025. 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:
EPS without NRI: $0.01
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
Get the complete analysis for NTSGF
EPS without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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