CubeSmart Statistics
Total Valuation
CubeSmart has a market cap or net worth of $9.37 billion. The enterprise value is $12.33 billion.
| Market Cap | 9.37B |
| Enterprise Value | 12.33B |
Important Dates
The last earnings date was Thursday, April 25, 2024, after market close.
| Earnings Date | Apr 25, 2024 |
| Ex-Dividend Date | Mar 28, 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 (%) | 0.76% |
| Owned by Institutions (%) | 98.88% |
| Float | 223.07M |
Valuation Ratios
The trailing PE ratio is 23.13 and the forward PE ratio is 23.41. CubeSmart's PEG ratio is 6.31.
| PE Ratio | 23.13 |
| Forward PE | 23.41 |
| PS Ratio | 8.86 |
| Forward PS | 9.30 |
| PB Ratio | 3.36 |
| P/FCF Ratio | 18.35 |
| PEG Ratio | 6.31 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 17.47, with an EV/FCF ratio of 24.20.
| EV / Earnings | 30.24 |
| EV / Sales | 11.68 |
| EV / EBITDA | 17.47 |
| EV / EBIT | 24.66 |
| EV / FCF | 24.20 |
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 decreased by -10.28% in the last 52 weeks. The beta is 0.71, so CubeSmart's price volatility has been lower than the market average.
| Beta (1Y) | 0.71 |
| 52-Week Price Change | -10.28% |
| 50-Day Moving Average | 43.36 |
| 200-Day Moving Average | 41.79 |
| Relative Strength Index (RSI) | 44.36 |
| Average Volume (30 Days) | 1,457,937 |
Short Selling Information
The latest short interest is 5.11 million, so 2.27% of the outstanding shares have been sold short.
| Short Interest | 5.11M |
| Short Previous Month | 5.84M |
| Short % of Shares Out | 2.27% |
| Short % of Float | 2.29% |
| Short Ratio (days to cover) | 3.79 |
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 4.90%.
| Dividend Per Share | $2.04 |
| Dividend Yield | 4.90% |
| Dividend Growth (YoY) | 8.70% |
| Years of Dividend Growth | 13 |
| Payout Ratio | 113.33% |
| Buyback Yield | -0.17% |
| Shareholder Yield | 4.74% |
| Earnings Yield | 4.36% |
| FCF Yield | 5.45% |
Analyst Forecast
The average price target for CubeSmart is $46.31, which is 11.22% higher than the current price. The consensus rating is "Hold".
| Price Target | $46.31 |
| Price Target Difference | 11.22% |
| Analyst Consensus | Hold |
| Analyst Count | 13 |
| Revenue Growth Forecast (5Y) | 5.79% |
| EPS Growth Forecast (5Y) | 2.61% |
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 |