National Storage REIT NTSGF
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Trading Information
- Previous Close Price
- $1.39
- Day Range
- $1.31–1.31
- 52-Week Range
- $0.96–1.67
- Bid/Ask
- $1.31 / $1.54
- Market Cap
- $1.80 Bil
- Volume/Avg
- 708 / 6,201
Key Statistics
- Price/Earnings (Normalized)
- 16.37
- Price/Sales
- 8.13
- Dividend Yield (Trailing)
- 5.11%
- Dividend Yield (Forward)
- 3.33%
- Total Yield
- 5.11%
Company Profile
National Storage REIT is the largest self-storage provider in Australia and New Zealand. Most of its properties are owned and operated, but it also has long-term leaseholds. Most NSR centers are in the city fringe, suburban and regional areas. The industry is fragmented, mostly comprising single site owners, while the largest three players, NSR, privately owned Kennards, and the listed Abacus Storage King operate over a third of the market. NSR plans to continue acquiring and developing self-storage centers, consolidating the fragmented industry, as well generating organic growth via dynamic pricing and occupancy management. However, its large rivals are competing via similar strategies.
- Sector
- Real Estate
- Industry
- REIT - Industrial
- Stock Style Box
- Mid Core
- Total Number of Employees
- 350
Competitors
Valuation
|
Metric
|
NTSGF
|
EXR
|
PSA
|
|---|---|---|---|
Price/Earnings (Normalized) | 16.37 | 25.21 | 21.75 |
Price/Book Value | 9.03 | 1.96 | 7.99 |
Price/Sales | 8.13 | 8.85 | 10.05 |
Price/Cash Flow | 18.84 | 16.14 | 14.06 |
Price/Earnings
NTSGF
EXR
PSA
Financial Strength
|
Metric
|
NTSGF
|
EXR
|
PSA
|
|---|---|---|---|
Quick Ratio | 0.39 | 0.77 | 0.62 |
Current Ratio | 0.48 | 0.85 | 0.62 |
Interest Coverage | 5.53 | 2.80 | 11.47 |
Quick Ratio
NTSGF
EXR
PSA
Profitability
|
Metric
|
NTSGF
|
EXR
|
PSA
|
|---|---|---|---|
Return on Assets (Normalized) | 3.19% | 5.13% | 12.33% |
Return on Equity (Normalized) | 55.68% | 12.17% | 39.85% |
Return on Invested Capital (Normalized) | 4.04% | 7.27% | 13.46% |
Return on Assets
NTSGF
EXR
PSA
REIT - Industrial Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
PLD
| Prologis Inc | Bwcrclqcr | Yxs | $96.3 Bil | |
PSA
| Public Storage | Ywbvrczhx | Tcpm | $45.3 Bil | |
EXR
| Extra Space Storage Inc | Pfqqbypdq | Mkv | $28.2 Bil | |
SEGXF
| Segro PLC | — | Hjtf | $14.3 Bil | |
REXR
| Rexford Industrial Realty Inc | — | Dhtp | $9.4 Bil | |
CUBE
| CubeSmart | Lkrlwprz | Vxhwv | $9.2 Bil | |
ACDSF
| CapitaLand Ascendas REIT Units | — | Knv | $8.8 Bil | |
EGP
| EastGroup Properties Inc | — | Yzxmkf | $7.5 Bil | |
COLD
| Americold Realty Trust Inc | Dsfcjyfp | Drrh | $6.4 Bil | |
STAG
| Stag Industrial Inc | — | Jspj | $6.3 Bil |