Valuation National Storage REIT

Equities

Market Closed - Australian S.E. Other stock markets 08:10:17 23/01/2026 +03			5-day change	1st Jan Change
2.750 ^AUD	0.00%		0.00%	+0.73%

01-09	ASX Most Active Stocks	MT
01-09	National Storage REIT Says JPMorgan Chase Lifts Stake	MT

Data adjusted to current consolidation scope

Fiscal Period: June	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	2,342	2,558	3,169	3,152	3,200	3,861	-	-
Change	-	9.22%	23.86%	-0.53%	1.54%	20.65%	-	-
Enterprise Value (EV) ¹	3,005	3,447	4,043	4,492	5,026	5,805	5,980	6,165
Change	-	14.71%	17.29%	11.12%	11.88%	15.5%	3.02%	3.1%
P/E ratio	6.55x	4.11x	9.13x	13.6x	13.5x	22.9x	21.4x	20.3x
PBR	1.17x	0.9x	0.94x	0.9x	0.88x	1.02x	0.98x	0.95x
PEG	-	0.1x	-0.2x	-0.4x	14.25x	-0.8x	3.01x	3.62x
Capitalization / Revenue	10.8x	9.17x	9.6x	9.03x	8.72x	9.41x	8.63x	7.99x
EV / Revenue	13.8x	12.4x	12.2x	12.9x	13.7x	14.2x	13.4x	12.8x
EV / EBITDA	23.6x	21.2x	21x	23.6x	26.3x	25.7x	24.2x	22.9x
EV / EBIT	24x	21.7x	21.3x	23.8x	26.8x	26.1x	24.4x	23x
EV / FCF	22.4x	29.2x	-	-58.7x	-20.7x	-37.1x	-54.4x	-110x
FCF Yield	4.47%	3.42%	-	-1.7%	-4.84%	-2.7%	-1.84%	-0.91%
Dividend per Share ²	0.082	0.1	0.11	0.11	0.111	0.1182	0.1235	0.1292
Rate of return	4.14%	4.67%	4.68%	4.78%	4.83%	4.3%	4.49%	4.7%
EPS ²	0.3021	0.5205	0.2575	0.1689	0.1705	0.1199	0.1284	0.1356
Distribution rate	27.1%	19.2%	42.7%	65.1%	65.1%	98.6%	96.2%	95.3%
Net sales ¹	217.7	278.9	330	349	366.8	410.2	447.4	483.3
EBITDA ¹	127.4	162.3	192.6	190.2	191.3	226.3	247.4	269.2
EBIT ¹	125.1	159.1	189.8	188.8	187.6	222.7	244.9	267.5
Net income ¹	309.7	27.22	37.3	28.93	27.5	169.4	184.1	201
Net Debt ¹	662.1	888.4	873.8	1,340	1,826	1,944	2,119	2,304
Reference price ²	1.980	2.140	2.350	2.300	2.300	2.750	2.750	2.750
Nbr of stocks (in thousands)	1,183,070	1,195,498	1,348,383	1,370,353	1,391,438	1,404,060	-	-
Announcement Date	8/24/21 A	8/21/22 A	8/22/23 A	8/20/24 A	8/20/25 A	-	-	-

¹AUD in Million²AUD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
NATIONAL STORAGE REIT	22.94x	14.15x	25.65x	4.3%	2.65B
PUBLIC STORAGE	31.44x	12.34x	17.36x	4.29%	49.59B
EXTRA SPACE STORAGE INC.	32.59x	14.9x	18.1x	4.58%	30.04B
CUBESMART	25.74x	10.79x	16.96x	5.47%	8.72B
LINEAGE, INC.	-64.04x	2.79x	11.66x	5.79%	8.33B
SHURGARD SELF-STORAGE LTD.	7.35x	10.53x	17.86x	3.71%	3.74B
BIG YELLOW GROUP PLC	11.41x	11.71x	18.69x	4.62%	2.76B
NATIONAL STORAGE AFFILIATES TRUST	50.7x	7.88x	12.45x	6.98%	2.51B
SAFESTORE HOLDINGS PLC	11.13x	11.12x	18.73x	3.91%	2.4B
Average	14.36x	10.69x	17.50x	4.85%	12.3B
Weighted average by Cap.	22.60x	12.03x	17.27x	4.62%