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CubeSmart

CUBE

(2.8)
Stock Price

53,35 USD

5.72% ROA

14.65% ROE

28.35x PER

Market Cap.

10.085.015.850,00 USD

106.35% DER

4.41% Yield

39.11% NPM

CubeSmart Stock Analysis

CubeSmart Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

CubeSmart Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a minimal amount of debt (0%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

2 Revenue Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

3 Net Profit Growth

With a track record of consistent net profit growth over the past five years, this company presents a compelling investment opportunity due to its strong financial performance.

4 Dividend

Investors can take comfort in the company's unwavering commitment to dividends, as it has consistently distributed payouts over the past five years, ensuring a reliable income stream.

5 ROE

The stock's ROE falls within an average range (12.69%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

6 ROA

The stock's ROA (5.72%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

7 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (169) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

8 PBV

The stock's elevated P/BV ratio (3.14x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

9 Assets Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

10 Graham Number

The Graham number calculation reveals that this company's stock price is potentially inflated, implying that it may not be a desirable investment option.

11 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

CubeSmart Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

CubeSmart Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Sell
4 Stoch RSI Sell

CubeSmart Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

CubeSmart Revenue
Year Revenue Growth
2000 53.090.000
2001 62.276.000 14.75%
2002 76.585.000 18.68%
2003 80.826.000 5.25%
2004 91.608.000 11.77%
2005 148.121.000 38.15%
2006 213.112.000 30.5%
2007 229.167.000 7.01%
2008 236.400.000 3.06%
2009 217.289.000 -8.8%
2010 216.826.000 -0.21%
2011 237.605.000 8.75%
2012 283.076.000 16.06%
2013 318.395.000 11.09%
2014 376.963.000 15.54%
2015 444.521.000 15.2%
2016 510.039.000 12.85%
2017 558.943.000 8.75%
2018 597.944.000 6.52%
2019 643.915.000 7.14%
2020 679.177.000 5.19%
2021 822.564.000 17.43%
2022 1.009.624.000 18.53%
2023 1.071.504.000 5.78%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

CubeSmart Research and Development Expenses
Year Research and Development Expenses Growth
2000 0
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

CubeSmart General and Administrative Expenses
Year General and Administrative Expenses Growth
2000 0
2001 0 0%
2002 0 0%
2003 4.361.000 100%
2004 4.254.000 -2.52%
2005 18.522.000 77.03%
2006 22.288.000 16.9%
2007 21.966.000 -1.47%
2008 24.964.000 12.01%
2009 22.569.000 -10.61%
2010 25.406.000 11.17%
2011 24.693.000 -2.89%
2012 26.131.000 5.5%
2013 29.563.000 11.61%
2014 28.422.000 -4.01%
2015 28.371.000 -0.18%
2016 32.823.000 13.56%
2017 34.745.000 5.53%
2018 37.712.000 7.87%
2019 38.560.000 2.2%
2020 41.423.000 6.91%
2021 47.809.000 13.36%
2022 54.623.000 12.47%
2023 56.240.000 2.88%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

CubeSmart EBITDA
Year EBITDA Growth
2000 19.888.000
2001 23.773.000 16.34%
2002 26.727.000 11.05%
2003 49.591.000 46.11%
2004 89.069.000 44.32%
2005 44.513.000 -100.1%
2006 109.524.000 59.36%
2007 110.713.000 1.07%
2008 218.117.000 49.24%
2009 100.808.000 -116.37%
2010 98.718.000 -2.12%
2011 125.825.000 21.54%
2012 149.379.000 15.77%
2013 172.170.000 13.24%
2014 209.180.000 17.69%
2015 260.015.000 19.55%
2016 307.192.000 15.36%
2017 339.538.000 9.53%
2018 360.394.000 5.79%
2019 405.335.000 11.09%
2020 411.384.000 1.47%
2021 528.940.000 22.22%
2022 696.366.000 24.04%
2023 705.048.000 1.23%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

CubeSmart Gross Profit
Year Gross Profit Growth
2000 53.090.000
2001 62.276.000 14.75%
2002 76.585.000 18.68%
2003 80.826.000 5.25%
2004 91.608.000 11.77%
2005 148.078.000 38.14%
2006 213.043.000 30.49%
2007 229.108.000 7.01%
2008 137.218.000 -66.97%
2009 123.344.000 -11.25%
2010 123.130.000 -0.17%
2011 138.445.000 11.06%
2012 172.255.000 19.63%
2013 200.173.000 13.95%
2014 244.262.000 18.05%
2015 291.349.000 16.16%
2016 344.192.000 15.35%
2017 377.435.000 8.81%
2018 401.078.000 5.89%
2019 434.176.000 7.62%
2020 455.543.000 4.69%
2021 570.460.000 20.14%
2022 716.364.000 20.37%
2023 761.320.000 5.91%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

CubeSmart Net Profit
Year Net Profit Growth
2000 8.250.000
2001 6.896.000 -19.63%
2002 9.731.000 29.13%
2003 16.232.000 40.05%
2004 -32.347.000 150.18%
2005 2.777.000 1264.82%
2006 -8.551.000 132.48%
2007 -13.077.000 34.61%
2008 2.792.000 568.37%
2009 -937.000 397.97%
2010 -7.393.000 87.33%
2011 -398.000 -1757.54%
2012 1.817.000 121.9%
2013 41.448.000 95.62%
2014 26.379.000 -57.12%
2015 77.712.000 66.06%
2016 87.905.000 11.6%
2017 134.288.000 34.54%
2018 163.889.000 18.06%
2019 84.054.000 -94.98%
2020 89.793.000 6.39%
2021 130.577.000 31.23%
2022 199.188.000 34.45%
2023 410.580.000 51.49%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

CubeSmart Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2000 0
2001 0 0%
2002 0 0%
2003 0 0%
2004 -1 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 1 0%
2018 1 0%
2019 0 0%
2020 0 0%
2021 1 0%
2022 1 0%
2023 2 100%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

CubeSmart Free Cashflow
Year Free Cashflow Growth
2003 25.419.000
2004 -192.903.000 113.18%
2005 -345.799.000 44.22%
2006 -285.199.000 -21.25%
2007 14.860.000 2019.24%
2008 67.012.000 77.82%
2009 62.214.000 -7.71%
2010 -32.924.000 288.96%
2011 -386.861.000 91.49%
2012 118.428.000 426.66%
2013 88.883.000 -33.24%
2014 142.466.000 37.61%
2015 134.390.000 -6.01%
2016 119.813.000 -12.17%
2017 228.779.000 47.63%
2018 218.333.000 -4.78%
2019 228.942.000 4.63%
2020 351.033.000 34.78%
2021 449.185.000 21.85%
2022 591.466.000 24.06%
2023 -4.594.000 12974.75%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

CubeSmart Operating Cashflow
Year Operating Cashflow Growth
2003 34.227.000
2004 34.938.000 2.04%
2005 48.850.000 28.48%
2006 64.567.000 24.34%
2007 62.874.000 -2.69%
2008 67.012.000 6.18%
2009 62.214.000 -7.71%
2010 71.517.000 13.01%
2011 84.327.000 15.19%
2012 118.428.000 28.79%
2013 142.862.000 17.1%
2014 166.032.000 13.96%
2015 215.705.000 23.03%
2016 263.526.000 18.15%
2017 293.438.000 10.19%
2018 304.335.000 3.58%
2019 331.768.000 8.27%
2020 351.033.000 5.49%
2021 449.185.000 21.85%
2022 591.466.000 24.06%
2023 -4.594.000 12974.75%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

CubeSmart Capital Expenditure
Year Capital Expenditure Growth
2003 8.808.000
2004 227.841.000 96.13%
2005 394.649.000 42.27%
2006 349.766.000 -12.83%
2007 48.014.000 -628.47%
2008 0 0%
2009 0 0%
2010 104.441.000 100%
2011 471.188.000 77.83%
2012 0 0%
2013 53.979.000 100%
2014 23.566.000 -129.05%
2015 81.315.000 71.02%
2016 143.713.000 43.42%
2017 64.659.000 -122.26%
2018 86.002.000 24.82%
2019 102.826.000 16.36%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

CubeSmart Equity
Year Equity Growth
2000 112.999.000
2001 142.162.000 20.51%
2002 140.831.000 -0.95%
2003 131.749.000 -6.89%
2004 370.442.000 64.43%
2005 767.112.000 51.71%
2006 684.391.000 -12.09%
2007 604.601.000 -13.2%
2008 568.954.000 -6.27%
2009 739.330.000 23.04%
2010 765.408.000 3.41%
2011 995.322.000 23.1%
2012 1.037.899.000 4.1%
2013 1.129.482.000 8.11%
2014 1.499.441.000 24.67%
2015 1.710.981.000 12.36%
2016 1.715.644.000 0.27%
2017 1.689.690.000 -1.54%
2018 1.772.268.000 4.66%
2019 1.869.424.000 5.2%
2020 2.090.262.000 10.57%
2021 2.998.380.000 30.29%
2022 2.897.800.000 -3.47%
2023 2.873.143.000 -0.86%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

CubeSmart Assets
Year Assets Growth
2000 268.307.000
2001 392.016.000 31.56%
2002 420.098.000 6.68%
2003 412.219.000 -1.91%
2004 775.874.000 46.87%
2005 1.481.488.000 47.63%
2006 1.615.339.000 8.29%
2007 1.687.831.000 4.29%
2008 1.597.659.000 -5.64%
2009 1.598.870.000 0.08%
2010 1.478.819.000 -8.12%
2011 1.875.979.000 21.17%
2012 2.150.319.000 12.76%
2013 2.358.624.000 8.83%
2014 2.786.339.000 15.35%
2015 3.114.834.000 10.55%
2016 3.475.028.000 10.37%
2017 3.545.336.000 1.98%
2018 3.752.972.000 5.53%
2019 4.029.545.000 6.86%
2020 4.778.142.000 15.67%
2021 6.548.079.000 27.03%
2022 6.325.830.000 -3.51%
2023 6.233.225.000 -1.49%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

CubeSmart Liabilities
Year Liabilities Growth
2000 0
2001 0 0%
2002 0 0%
2003 271.945.000 100%
2004 380.652.000 28.56%
2005 669.338.000 43.13%
2006 889.506.000 24.75%
2007 1.037.649.000 14.28%
2008 1.028.705.000 -0.87%
2009 859.540.000 -19.68%
2010 713.411.000 -20.48%
2011 880.657.000 18.99%
2012 1.112.420.000 20.83%
2013 1.229.142.000 9.5%
2014 1.286.898.000 4.49%
2015 1.403.853.000 8.33%
2016 1.759.384.000 20.21%
2017 1.855.646.000 5.19%
2018 1.980.704.000 6.31%
2019 2.160.121.000 8.31%
2020 2.687.880.000 19.63%
2021 3.549.699.000 24.28%
2022 3.428.030.000 -3.55%
2023 3.360.082.000 -2.02%

CubeSmart Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
4.64
Net Income per Share
1.58
Price to Earning Ratio
28.35x
Price To Sales Ratio
9.64x
POCF Ratio
23.13
PFCF Ratio
23.07
Price to Book Ratio
3.6
EV to Sales
12.49
EV Over EBITDA
18.75
EV to Operating CashFlow
29.88
EV to FreeCashFlow
29.88
Earnings Yield
0.04
FreeCashFlow Yield
0.04
Market Cap
10,09 Bil.
Enterprise Value
13,06 Bil.
Graham Number
21.05
Graham NetNet
-14.87

Income Statement Metrics

Net Income per Share
1.58
Income Quality
1.55
ROE
0.13
Return On Assets
0.07
Return On Capital Employed
0.09
Net Income per EBT
1
EBT Per Ebit
0.83
Ebit per Revenue
0.47
Effective Tax Rate
0

Margins

Sales, General, & Administrative to Revenue
0.05
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0.01
Gross Profit Margin
0.67
Operating Profit Margin
0.47
Pretax Profit Margin
0.39
Net Profit Margin
0.39

Dividends

Dividend Yield
0.04
Dividend Yield %
4.41
Payout Ratio
0.89
Dividend Per Share
1.98

Operating Metrics

Operating Cashflow per Share
1.94
Free CashFlow per Share
1.94
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.12
Return on Tangible Assets
0.06
Days Sales Outstanding
0
Days Payables Outstanding
273.83
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
1.33
Inventory Turnover
0
Capex per Share
0

Balance Sheet

Cash per Share
0,04
Book Value per Share
12,45
Tangible Book Value per Share
12.74
Shareholders Equity per Share
12.45
Interest Debt per Share
13.66
Debt to Equity
1.06
Debt to Assets
0.48
Net Debt to EBITDA
4.27
Current Ratio
0.03
Tangible Asset Value
2,87 Bil.
Net Current Asset Value
-3,35 Bil.
Invested Capital
1.06
Working Capital
-0,38 Bil.
Intangibles to Total Assets
0
Average Receivables
0,02 Bil.
Average Payables
0,22 Bil.
Average Inventory
0
Debt to Market Cap
0.3

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

CubeSmart Dividends
Year Dividends Growth
2005 1
2006 1 100%
2007 1 0%
2008 1 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 1 0%
2015 1 0%
2016 1 0%
2017 1 100%
2018 1 0%
2019 1 0%
2020 1 0%
2021 1 0%
2022 2 0%
2023 1 0%

CubeSmart Profile

About CubeSmart

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.

CEO
Mr. Christopher P. Marr
Employee
3.040
Address
5 Old Lancaster Road
Malvern, 19355

CubeSmart Executives & BODs

CubeSmart Executives & BODs
# Name Age
1 Mr. Guy Middlebrooks
Vice President of Third-Party Management
70
2 Mr. Joel D. Keaton
Chief Operating Officer
70
3 Mr. Christopher P. Marr
Chief Executive Officer, President & Trustee
70
4 Mr. Jeffrey P. Foster
Senior Vice President, Chief Legal Officer & Secretary
70
5 Mr. Carey Parsons
Vice President of Operations
70
6 Mr. Charles W. Place
Director, Investor Relations
70
7 Mr. Daniel Ruble C.F.A.
Vice President of Marketing
70
8 Mr. Timothy M. Martin
Chief Financial Officer & Treasurer
70
9 Ms. Jennifer Schulte
Chief Human Resources Officer
70
10 Mr. Matthew D. DeNarie
Senior Vice President & Chief Accounting Officer
70

CubeSmart Competitors