XNYSCUBE
Market cap9.40bUSD
Jan 07, Last price
41.57USD
1D
0.51%
1Q
-17.63%
Jan 2017
55.29%
Name
CubeSmart
Chart & Performance
Profile
CubeSmart is a self-administered and self-managed real estate investment trust. The Company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers. According to the 2020 Self-Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the United States.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | |||||||||
Revenues | 1,050,334 4.03% | 1,009,624 22.74% | |||||||
Cost of revenue | 351,821 | 370,283 | |||||||
Unusual Expense (Income) | |||||||||
NOPBT | 698,513 | 639,341 | |||||||
NOPBT Margin | 66.50% | 63.32% | |||||||
Operating Taxes | 93,284 | ||||||||
Tax Rate | 14.59% | ||||||||
NOPAT | 698,513 | 546,057 | |||||||
Net income | 410,757 106.22% | 199,188 52.54% | |||||||
Dividends | (442,217) | (387,106) | |||||||
Dividend yield | 4.22% | 4.26% | |||||||
Proceeds from repurchase of equity | (276) | 3,474 | |||||||
BB yield | 0.00% | -0.04% | |||||||
Debt | |||||||||
Debt current | 60,900 | ||||||||
Long-term debt | 3,179,152 | 3,066,784 | |||||||
Deferred revenue | 38,757 | ||||||||
Other long-term liabilities | 303,963 | 1,087 | |||||||
Net debt | 3,074,338 | 3,015,627 | |||||||
Cash flow | |||||||||
Cash from operating activities | 611,136 | 591,466 | |||||||
CAPEX | (41,233) | ||||||||
Cash from investing activities | (93,818) | (48,767) | |||||||
Cash from financing activities | (518,026) | (547,092) | |||||||
FCF | 604,516 | 629,237 | |||||||
Balance | |||||||||
Cash | 6,526 | 6,064 | |||||||
Long term investments | 98,288 | 105,993 | |||||||
Excess cash | 52,297 | 61,576 | |||||||
Stockholders' equity | (1,261,421) | (1,227,678) | |||||||
Invested Capital | 7,112,619 | 7,227,248 | |||||||
ROIC | 9.74% | 7.50% | |||||||
ROCE | 11.94% | 10.73% | |||||||
EV | |||||||||
Common stock shares outstanding | 226,241 | 225,881 | |||||||
Price | 46.35 15.16% | 40.25 -29.27% | |||||||
Market cap | 10,486,270 15.34% | 9,091,710 -22.07% | |||||||
EV | 13,642,588 | 12,178,934 | |||||||
EBITDA | 903,892 | 953,848 | |||||||
EV/EBITDA | 15.09 | 12.77 | |||||||
Interest | 97,287 | 93,284 | |||||||
Interest/NOPBT | 13.93% | 14.59% |