CubeSmart Statistics
Total Valuation
CubeSmart has a market cap or net worth of $12.14 billion. The enterprise value is $15.20 billion.
Important Dates
The next estimated earnings date is Thursday, October 31, 2024, after market close.
| Earnings Date | Oct 31, 2024 |
| Ex-Dividend Date | Oct 1, 2024 |
Share Statistics
CubeSmart has 225.20 million shares outstanding. The number of shares has increased by 0.15% in one year.
| Shares Outstanding | 225.20M |
| Shares Change (YoY) | +0.15% |
| Shares Change (QoQ) | +0.02% |
| Owned by Insiders (%) | 0.76% |
| Owned by Institutions (%) | 98.08% |
| Float | 223.28M |
Valuation Ratios
The trailing PE ratio is 30.18 and the forward PE ratio is 30.65. CubeSmart's PEG ratio is 14.23.
| Price/FFO Ratio | n/a |
| Price/AFFO Ratio | n/a |
| PE Ratio | 30.18 |
| Forward PE | 30.65 |
| PS Ratio | 11.46 |
| Forward PS | 11.43 |
| PB Ratio | 4.40 |
| P/FCF Ratio | 19.24 |
| PEG Ratio | 14.23 |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 21.79, with an EV/FCF ratio of 24.01.
| EV / Earnings | 37.64 |
| EV / Sales | 14.27 |
| EV / EBITDA | 21.79 |
| EV / EBIT | 30.69 |
| EV / FCF | 24.01 |
Financial Position
The company has a current ratio of 0.16, with a Debt / Equity ratio of 1.04.
| Current Ratio | 0.16 |
| Quick Ratio | 0.13 |
| Debt / Equity | 1.04 |
| Debt / EBITDA | 4.20 |
| Debt / FCF | 4.66 |
| Interest Coverage | 5.18 |
Financial Efficiency
Return on equity (ROE) is 14.15% and return on invested capital (ROIC) is 5.29%.
| Return on Equity (ROE) | 14.15% |
| Return on Assets (ROA) | 4.97% |
| Return on Capital (ROIC) | 5.29% |
| Revenue Per Employee | $350,285 |
| Profits Per Employee | $132,830 |
| 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 +33.83% in the last 52 weeks. The beta is 0.84, so CubeSmart's price volatility has been lower than the market average.
| Beta (5Y) | 0.84 |
| 52-Week Price Change | +33.83% |
| 50-Day Moving Average | 49.84 |
| 200-Day Moving Average | 45.32 |
| Relative Strength Index (RSI) | 71.22 |
| Average Volume (20 Days) | 1,136,070 |
Short Selling Information
The latest short interest is 4.18 million, so 1.86% of the outstanding shares have been sold short.
| Short Interest | 4.18M |
| Short Previous Month | 4.14M |
| Short % of Shares Out | 1.86% |
| Short % of Float | 1.87% |
| Short Ratio (days to cover) | 3.43 |
Income Statement
In the last 12 months, CubeSmart had revenue of $1.06 billion and earned $403.80 million in profits. Earnings per share was $1.79.
| Revenue | 1.06B |
| Gross Profit | 780.40M |
| Operating Income | 495.31M |
| Pretax Income | 403.80M |
| Net Income | 403.80M |
| EBITDA | 697.61M |
| EBIT | 495.31M |
| Earnings Per Share (EPS) | $1.79 |
Full Income StatementBalance Sheet
The company has $5.66 million in cash and $2.95 billion in debt, giving a net cash position of -$2.94 billion or -$13.08 per share.
| Cash & Cash Equivalents | 5.66M |
| Total Debt | 2.95B |
| Net Cash | -2.94B |
| Net Cash Per Share | -$13.08 |
| Equity (Book Value) | 2.85B |
| Book Value Per Share | 12.30 |
| Working Capital | -291.86M |
Full Balance SheetCash Flow
| Operating Cash Flow | 633.07M |
| Capital Expenditures | n/a |
| Free Cash Flow | 633.07M |
| FCF Per Share | $2.81 |
Full Cash Flow StatementMargins
Gross margin is 73.29%, with operating and profit margins of 46.51% and 37.92%.
| Gross Margin | 73.29% |
| Operating Margin | 46.51% |
| Pretax Margin | 38.06% |
| Profit Margin | 37.92% |
| EBITDA Margin | 65.51% |
| EBIT Margin | 46.51% |
| FCF Margin | 49.13% |