NSA (National Storage Affiliates Trust) ROCE %: 5.95% (As of Mar. 2026)


NSA National Storage Affiliates Trust NSA
81 GF Score
Price $44.14
GF Value $40.60
Valuation Fairly Valued
! 11 Warning Signs
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What is National Storage Affiliates Trust ROCE %?

National Storage Affiliates Trust NSA -0.69% 81 ROCE % is 5.95% as of Mar. 2026. GuruFocus rates NSA with a GF Score™ of 81/100 and a GF Value™ of $40.60 (Fairly Valued). The stock has 11 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. National Storage Affiliates Trust's annualized ROCE % for the quarter that ended in Mar. 2026 was 5.95%.

National Storage Affiliates Trust  (NYSE:NSA) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

National Storage Affiliates Trust ROCE % Related Terms

National Storage Affiliates Trust ROCE % Historical Data

* Premium members only.

The historical data trend for National Storage Affiliates Trust's ROCE % 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.

National Storage Affiliates Trust ROCE % Chart

National Storage Affiliates Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.34 5.72 7.43 6.68 6.02

National Storage Affiliates Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 5.14 6.16 6.07 6.79 5.95
NSA
81GF Score
National Storage Affiliates Trust NSA
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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National Storage Affiliates Trust ROCE % Calculation

National Storage Affiliates Trust's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=281.821/( ( (5354.462 - 561.969) + (5080.115 - 515.458) )/ 2 )
=281.821/( (4792.493+4564.657)/ 2 )
=281.821/4678.575
=6.02 %

National Storage Affiliates Trust's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=269.668/( ( (5080.115 - 515.458) + (5033.758 - 530.779) )/ 2 )
=269.668/( ( 4564.657 + 4502.979 )/ 2 )
=269.668/4533.818
=5.95 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 5.95% mean?
National Storage Affiliates Trust (NSA) has a ROCE % of 5.95% as of Mar. 2026.
Is National Storage Affiliates Trust's ROCE % too high?
National Storage Affiliates Trust's current ROCE % is 5.95%. The REITs industry median ROCE % is 5.21. National Storage Affiliates Trust's value of 5.95% is 14.2% above this industry median. 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 ROCE % compare to LXP and COLD?
National Storage Affiliates Trust's ROCE % of 5.95% can be compared against companies in the REITs industry. The industry median ROCE % is 5.21. National Storage Affiliates Trust's value of 5.95% is 14.2% 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 ROCE % for a REITs company?
The median ROCE % among REITs companies is 5.21, based on 757 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National Storage Affiliates Trust's current ROCE % of 5.95% is 14.2% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the REITs industry, the median ROCE % is 5.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Storage Affiliates Trust's current ROCE % is 5.95%. 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 $44.14 — trading 8.7% above its estimated fair value. The current ROCE % is 5.95% and 14.2% above the REITs industry median of 5.21. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For National Storage Affiliates Trust (NSA), the current ROCE % is 5.95% 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.

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 $44.14 is trading 8.7% above its estimated GF Value™ of $40.60. GuruFocus considers National Storage Affiliates Trust to be Fairly Valued.

Key valuation signals for NSA:

  • ROCE %: 5.95%
  • GF Value™: $40.60 vs. price of $44.14 (8.7% above fair value)
  • GF Score™: 81/100 with 11 warning signs
  • Industry Position: 14.2% above the REITs median

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

Industry Real EstateREITs
Other Exchanges NSApA.PFD:USANSAT34:Brazil
Address 8400 East Prentice Avenue, 9th Floor, Greenwood Village, CO, USA, 80111
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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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$44.14
Price
$40.60
GF Value