CubeSmart Statistics
Total Valuation
CubeSmart has a market cap or net worth of $10.78 billion. The enterprise value is $13.76 billion.
Market Cap | 10.78B |
Enterprise Value | 13.76B |
Important Dates
The next confirmed earnings date is Thursday, August 1, 2024, after market close.
Earnings Date | Aug 1, 2024 |
Ex-Dividend Date | Jul 1, 2024 |
Share Statistics
CubeSmart has 224.97 million shares outstanding. The number of shares has increased by 0.17% in one year.
Shares Outstanding | 224.97M |
Shares Change (YoY) | +0.17% |
Shares Change (QoQ) | +0.10% |
Owned by Insiders (%) | 0.77% |
Owned by Institutions (%) | 99.11% |
Float | 222.99M |
Valuation Ratios
The trailing PE ratio is 26.62 and the forward PE ratio is 26.95. CubeSmart's PEG ratio is 6.31.
PE Ratio | 26.62 |
Forward PE | 26.95 |
PS Ratio | 10.21 |
Forward PS | 10.29 |
PB Ratio | 3.87 |
P/FCF Ratio | 21.15 |
PEG Ratio | 6.31 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 19.50, with an EV/FCF ratio of 27.00.
EV / Earnings | 33.75 |
EV / Sales | 13.04 |
EV / EBITDA | 19.50 |
EV / EBIT | 27.52 |
EV / FCF | 27.00 |
Financial Position
Current Ratio | n/a |
Quick Ratio | n/a |
Debt / Equity | 1.07 |
Debt / EBITDA | 4.23 |
Debt / FCF | 5.87 |
Interest Coverage | 5.42 |
Financial Efficiency
Return on equity (ROE) is 14.60% and return on invested capital (ROIC) is 8.58%.
Return on Equity (ROE) | 14.60% |
Return on Assets (ROA) | 6.50% |
Return on Capital (ROIC) | 8.58% |
Revenue Per Employee | $347,109 |
Profits Per Employee | $134,118 |
Employee Count | 3,040 |
Asset Turnover | 0.17 |
Inventory Turnover | n/a |
Taxes
Income Tax | n/a |
Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +4.54% in the last 52 weeks. The beta is 0.82, so CubeSmart's price volatility has been lower than the market average.
Beta (5Y) | 0.82 |
52-Week Price Change | +4.54% |
50-Day Moving Average | 44.07 |
200-Day Moving Average | 42.52 |
Relative Strength Index (RSI) | 66.64 |
Average Volume (20 Days) | 1,150,291 |
Short Selling Information
The latest short interest is 5.62 million, so 2.50% of the outstanding shares have been sold short.
Short Interest | 5.62M |
Short Previous Month | 6.52M |
Short % of Shares Out | 2.50% |
Short % of Float | 2.52% |
Short Ratio (days to cover) | 4.50 |
Income Statement
In the last 12 months, CubeSmart had revenue of $1.06 billion and earned $407.72 million in profits. Earnings per share was $1.80.
Revenue | 1.06B |
Gross Profit | 754.52M |
Operating Income | 494.90M |
Pretax Income | 407.72M |
Net Income | 407.72M |
EBITDA | 705.77M |
EBIT | 500.01M |
Earnings Per Share (EPS) | $1.80 |
Balance Sheet
The company has $7.61 million in cash and $2.99 billion in debt, giving a net cash position of -$2.98 billion or -$13.25 per share.
Cash & Cash Equivalents | 7.61M |
Total Debt | 2.99B |
Net Cash | -2.98B |
Net Cash Per Share | -$13.25 |
Equity (Book Value) | 2.78B |
Book Value Per Share | 12.37 |
Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $625.78 million and capital expenditures -$116.25 million, giving a free cash flow of $509.53 million.
Operating Cash Flow | 625.78M |
Capital Expenditures | -116.25M |
Free Cash Flow | 509.53M |
FCF Per Share | $2.26 |
Margins
Gross margin is 71.50%, with operating and profit margins of 46.90% and 38.64%.
Gross Margin | 71.50% |
Operating Margin | 46.90% |
Pretax Margin | 38.64% |
Profit Margin | 38.64% |
EBITDA Margin | 66.88% |
EBIT Margin | 47.38% |
FCF Margin | 48.29% |
Dividends & Yields
This stock pays an annual dividend of $2.04, which amounts to a dividend yield of 4.26%.
Dividend Per Share | $2.04 |
Dividend Yield | 4.26% |
Dividend Growth (YoY) | 6.32% |
Years of Dividend Growth | 13 |
Payout Ratio | 113.33% |
Buyback Yield | -0.17% |
Shareholder Yield | 4.08% |
Earnings Yield | 3.78% |
FCF Yield | 4.73% |
Analyst Forecast
The average price target for CubeSmart is $46.00, which is -3.99% lower than the current price. The consensus rating is "Hold".
Price Target | $46.00 |
Price Target Difference | -3.99% |
Analyst Consensus | Hold |
Analyst Count | 12 |
Revenue Growth Forecast (5Y) | 5.87% |
EPS Growth Forecast (5Y) | 2.41% |
Stock Splits
This stock does not have any record of stock splits.
Last Split Date | n/a |
Split Type | n/a |
Split Ratio | n/a |
Scores
Altman Z-Score | n/a |
Piotroski F-Score | 6 |