National Storage Affiliates Trust's quarterly market cap
declined
from Sep. 2025 ($2,325.2 Mil) to Dec. 2025 ($2,174.7 Mil) but then
increased
from Dec. 2025 ($2,174.7 Mil) to Mar. 2026 ($2,911.2 Mil).
National Storage Affiliates Trust's annual market cap
declined
from Dec. 2023 ($3,412.4 Mil) to Dec. 2024 ($2,894.2 Mil) and
declined
from Dec. 2024 ($2,894.2 Mil) to Dec. 2025 ($2,174.7 Mil).
Enterprise Value is 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 and cash equivalents. National Storage Affiliates Trust's Enterprise Value for Today is $7,779.6 Mil.
National Storage Affiliates Trust (NYSE:NSA) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
National Storage Affiliates Trust Market Cap Related Terms
National Storage Affiliates Trust Market Cap Historical Data
* 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 Market Cap Chart
For the REIT - Industrial subindustry, National Storage Affiliates Trust's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs REITs Industry
For the REITs industry and Real Estate sector, National Storage Affiliates Trust's Market Cap distribution charts can be found below:
* The bar in red indicates where National Storage Affiliates Trust's Market Cap falls into.
National Storage Affiliates Trust Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
* 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 Market Cap of $3,462.2 Mil as of Jun. 25, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on National Storage Affiliates Trust and its competitors. According to the industry distribution chart, National Storage Affiliates Trust ranks #136 out of 981 companies in the REITs industry, placing it in the top 13.9%.
Is National Storage Affiliates Trust's Market Cap too high?
National Storage Affiliates Trust's current Market Cap is $3,462.2 Mil. The REITs industry median Market Cap is 282.23. National Storage Affiliates Trust's value of $3,462.2 Mil is 1126.7% above this industry median. Based on the distribution chart, National Storage Affiliates Trust ranks #136 out of 981 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, National Storage Affiliates Trust has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does National Storage Affiliates Trust's Market Cap compare to LXP and COLD?
According to the REITs industry distribution chart, National Storage Affiliates Trust ranks #136 out of 981 companies for Market Cap. This places National Storage Affiliates Trust in the top 14% of its industry — outperforming the majority of peers. The industry median Market Cap is 282.23. National Storage Affiliates Trust's value of $3,462.2 Mil is 1126.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a REITs company?
The median Market Cap among REITs companies is 282.23, based on 981 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National Storage Affiliates Trust's current Market Cap of $3,462.2 Mil is 1126.7% 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on National Storage Affiliates Trust and its competitors. For the REITs industry, the median Market Cap is 282.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Storage Affiliates Trust's current Market Cap is $3,462.2 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 Affiliates Trust stock overvalued right now?
Based on GuruFocus' analysis, National Storage Affiliates Trust (NSA) is currently considered Fairly Valued. The stock's GF Value™ is $40.60, compared to a current price of $44.84 — trading 10.4% above its estimated fair value. The current Market Cap is $3,462.2 Mil and 1126.7% above the REITs industry median of 282.23. National Storage Affiliates Trust's overall GF Score™ is 81/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For National Storage Affiliates Trust (NSA), the current Market Cap is $3,462.2 Mil as of Jun. 25, 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 $44.84 is trading 10.4% above its estimated GF Value™ of $40.60.
GuruFocus considers National Storage Affiliates Trust to be Fairly Valued.
Key valuation signals for NSA:
Market Cap: $3,462.2 Mil
GF Value™: $40.60 vs. price of $44.84 (10.4% above fair value)
Industry Position: 1126.7% above the REITs median (#136 of 981)
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.
81GF Score
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