Stor-Age Property REIT (JSE:SSS) Total Operating Expense: R230 Mil (TTM As of Mar. 2026)


JSE:SSS Stor-Age Property REIT Ltd JSE:SSS
77 GF Score
Price R17.00
GF Value R16.22
Valuation Fairly Valued
! 6 Warning Signs
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What is Stor-Age Property REIT Total Operating Expense?

Stor-Age Property REIT JSE:SSS -1.16% 77 Total Operating Expense is R230 Mil as of Mar. 2026. GuruFocus rates JSE:SSS with a GF Score™ of 77/100 and a GF Value™ of R16.22 (Fairly Valued). The stock has 6 warning signs investors should review.

Stor-Age Property REIT's Total Operating Expense for the six months ended in Mar. 2026 was R124 Mil. Stor-Age Property REIT's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was R230 Mil.

Stor-Age Property REIT Total Operating Expense Related Terms

Stor-Age Property REIT Total Operating Expense Historical Data

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The historical data trend for Stor-Age Property REIT's Total Operating Expense 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.

Stor-Age Property REIT Total Operating Expense Chart

Stor-Age Property REIT Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 111.80 167.65 200.04 207.81 230.03

Stor-Age Property REIT Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Total Operating Expense 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 105.23 98.29 109.52 105.77 124.26
JSE:SSS
77GF Score
Stor-Age Property REIT Ltd JSE:SSS
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Stor-Age Property REIT Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was R230 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.

What does a Total Operating Expense of R230 Mil mean?
Stor-Age Property REIT (JSE:SSS) has a Total Operating Expense of R230 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Stor-Age Property REIT and its competitors.
Is Stor-Age Property REIT's Total Operating Expense too high?
Stor-Age Property REIT's current Total Operating Expense is R230 Mil. Overall, Stor-Age Property REIT has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Stor-Age Property REIT's Total Operating Expense compare to PLD and PSA?
Stor-Age Property REIT's Total Operating Expense of R230 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 Total Operating Expense for a REITs company?
A good Total Operating Expense depends on the REITs industry context. However, Total Operating Expense 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Stor-Age Property REIT and its competitors. Stor-Age Property REIT's current Total Operating Expense is R230 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stor-Age Property REIT stock overvalued right now?
Based on GuruFocus' analysis, Stor-Age Property REIT (JSE:SSS) is currently considered Fairly Valued. The stock's GF Value™ is R16.22, compared to a current price of R17.00 — trading 4.8% above its estimated fair value. The current Total Operating Expense is R230 Mil. Stor-Age Property REIT's overall GF Score™ is 77/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Stor-Age Property REIT (JSE:SSS), the current Total Operating Expense is R230 Mil 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 Stor-Age Property REIT (JSE:SSS) Overvalued in 2026?

Based on GuruFocus' analysis, Stor-Age Property REIT stock appears to be overvalued. The current stock price of R17.00 is trading 4.8% above its estimated GF Value™ of R16.22. GuruFocus considers Stor-Age Property REIT to be Fairly Valued.

Key valuation signals for JSE:SSS:

  • Total Operating Expense: R230 Mil
  • GF Value™: R16.22 vs. price of R17.00 (4.8% above fair value)
  • GF Score™: 77/100 with 6 warning signs

No single metric tells the full story. See the JSE:SSS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Stor-Age Property REIT Business Description

Industry Real EstateREITs
Address 216 Main Road, Claremont, Cape Town, WC, ZAF, 7735
Stor-Age Property REIT Ltd develops, acquires, and manages self-storage properties. It earns revenue in the form of rentals from the tenants of its investment properties. The company's geographical operating segments are; South Africa which generates maximum revenue, and the United Kingdom.
77GF Score

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Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R17.00
Price
R16.22
GF Value