Extra Space Storage acquires, owns, and operates self-storage facilities, which offer storage spaces of varying sizes and features on a monthly lease, for personal and business use. The company also has a lucrative insurance business and a strategically important third-party management business.
Extra Space’s third-party management business serves not only as a capital-light revenue stream, but also as an acquisition pipeline, ensuring future growth.
Supply has increased over the past few years, which could significantly affect management’s ability to pass along price increases.
|
Metric
|
EXR
|
PLD
|
PSA
|
|---|---|---|---|
Price/Earnings (Normalized) | 31.89 | 41.86 | 23.95 |
Price/Book Value | 2.29 | 1.96 | 8.91 |
Price/Sales | 10.22 | 13.02 | 10.91 |
Price/Cash Flow | 18.79 | 19.97 | 15.54 |
|
Metric
|
EXR
|
PLD
|
PSA
|
|---|---|---|---|
Quick Ratio | 0.92 | 0.18 | 0.54 |
Current Ratio | 1.00 | 0.32 | 0.54 |
Interest Coverage | 2.60 | 6.32 | 10.03 |
|
Metric
|
EXR
|
PLD
|
PSA
|
|---|---|---|---|
Return on Assets (Normalized) | 4.47% | 3.99% | 11.70% |
Return on Equity (Normalized) | 9.62% | 6.89% | 38.84% |
Return on Invested Capital (Normalized) | 6.56% | 5.01% | 12.98% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Prologis Inc
PLD
| Nrgzrwcqg | Wqbpd | $103.0 Bil | |||
| Public Storage
PSA
| Xlhhwtjk | Srxh | $49.9 Bil | |||
| Segro PLC
SEGXF
| — | Tvsp | $15.7 Bil | |||
| CubeSmart
CUBE
| Ycyymfhs | Vbps | $9.9 Bil | |||
| Rexford Industrial Realty Inc
REXR
| — | Tvsx | $9.8 Bil | |||
| CapitaLand Ascendas REIT Units
ACDSF
| — | Lvvgc | $8.7 Bil | |||
| EastGroup Properties Inc
EGP
| — | Ylj | $8.0 Bil | |||
| Americold Realty Trust Inc
COLD
| Smdlflrd | Qvfw | $7.3 Bil | |||
| Stag Industrial Inc
STAG
| — | Vlg | $6.4 Bil |
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