Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Smartstop Self Storage REIT's annualized net income for the quarter that ended in Mar. 2026 was $38.3 Mil. Smartstop Self Storage REIT's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $1,071.9 Mil. Therefore, Smartstop Self Storage REIT's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 3.57%.
The historical rank and industry rank for Smartstop Self Storage REIT's Return-on-Tangible-Equity or its related term are showing as below:
SMA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -12.84 Med: -1.01 Max: 3.19
Current: 1.33
During the past 8 years, Smartstop Self Storage REIT's highest Return-on-Tangible-Equity was 3.19%. The lowest was -12.84%. And the median was -1.01%.
SMA's Return-on-Tangible-Equity is ranked worse than 75.56% of 933
companies
in the REITs industry
Industry Median: 6.26
vs SMA: 1.33
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Smartstop Self Storage REIT Return-on-Tangible-Equity Related Terms
Smartstop Self Storage REIT Return-on-Tangible-Equity 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.
SMA vs IIPR, ILPT, LXP: Return-on-Tangible-Equity Comparison
For the REIT - Industrial subindustry, Smartstop Self Storage REIT's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Smartstop Self Storage REIT Return-on-Tangible-Equity vs REITs Industry
For the REITs industry and Real Estate sector, Smartstop Self Storage REIT's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Smartstop Self Storage REIT's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 3.57% mean?
Smartstop Self Storage REIT (SMA) has a Return-on-Tangible-Equity of 3.57% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Smartstop Self Storage REIT and its competitors. According to the industry distribution chart, Smartstop Self Storage REIT ranks #705 out of 933 companies in the REITs industry, placing it in the top 75.6%.
Is Smartstop Self Storage REIT's Return-on-Tangible-Equity too high?
Smartstop Self Storage REIT's current Return-on-Tangible-Equity is 3.57%. The REITs industry median Return-on-Tangible-Equity is 6.26. Smartstop Self Storage REIT's value of 3.57% is 43% below this industry median. Based on the distribution chart, Smartstop Self Storage REIT ranks #705 out of 933 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Smartstop Self Storage REIT has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Smartstop Self Storage REIT's Return-on-Tangible-Equity compare to IIPR and ILPT?
According to the REITs industry distribution chart, Smartstop Self Storage REIT ranks #705 out of 933 companies for Return-on-Tangible-Equity. This places Smartstop Self Storage REIT in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.26. Smartstop Self Storage REIT's value of 3.57% is 43% 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 Return-on-Tangible-Equity for a REITs company?
The median Return-on-Tangible-Equity among REITs companies is 6.26, based on 933 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Smartstop Self Storage REIT's current Return-on-Tangible-Equity of 3.57% is 43% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Smartstop Self Storage REIT and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smartstop Self Storage REIT's current Return-on-Tangible-Equity is 3.57%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smartstop Self Storage REIT stock overvalued right now?
Smartstop Self Storage REIT (SMA) has a current Return-on-Tangible-Equity of 3.57%. The current Return-on-Tangible-Equity is 3.57% and 43% below the REITs industry median of 6.26. Smartstop Self Storage REIT's overall GF Score™ is 40/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Smartstop Self Storage REIT (SMA), the current Return-on-Tangible-Equity is 3.57% as of Mar. 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.
Smartstop Self Storage REIT Inc operates as a real estate investment trust. The trust owns, acquires, and operates self-storage properties. It operates in two segments, namely, self-storage operations, which generate key revenue, and the managed REIT platform business. The investment objective is to focus on investing in self-storage facilities and related self-storage real estate investments that are expected to support sustainable stockholder distributions over the long term.
40GF Score
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