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Global Self Storage, Inc.NasdaqCM:SELF Rapport sur les actions

Capitalisation boursière US$60.5m
Prix de l'action
US$5.20
US$6.25
16.8% sous-évalué décote intrinsèque
1Y-7.0%
7D-2.3%
Valeur du portefeuille
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Global Self Storage, Inc.

NasdaqCM:SELF Rapport sur les actions

Capitalisation boursière : US$60.5m

Global Self Storage (SELF) Aperçu de l'action

Global Self Storage, Inc. est une FPI auto-administrée et autogérée qui possède, exploite, gère, acquiert et réaménage des propriétés de self-stockage. Plus de détails

SELF analyse fondamentale
Score flocon de neige
Évaluation4/6
Croissance future1/6
Performances passées1/6
Santé financière5/6
Dividendes6/6

Récompenses

Se négocie à 38.4% en dessous de notre estimation de sa juste valeur

Les bénéfices devraient augmenter 9.97% par an

Verse un dividende élevé et fiable de 5.58%

Analyse des risques

N'a pas de capitalisation boursière significative ( $61M )


SELF Community Fair Values

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Global Self Storage, Inc. Concurrents

Historique des prix et performances

Résumé des hausses, des baisses et des variations du cours de l'action pour la période du 1er janvier au 31 décembre 2009 Global Self Storage
Historique des cours de bourse
Prix actuel de l'actionUS$5.20
Plus haut sur 52 semainesUS$5.83
Plus bas sur 52 semainesUS$4.73
Bêta0.047
Variation sur 1 mois-2.07%
Variation sur 3 mois4.63%
Variation sur 1 an-6.98%
Variation sur 3 ans2.97%
Variation sur 5 ans-0.19%
Évolution depuis l'introduction en bourse38.67%

Nouvelles et mises à jour récentes

Recent updates

Article d’analyse • Nov 17

Is Now The Time To Put Global Self Storage (NASDAQ:SELF) On Your Watchlist?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Seeking Alpha • Oct 09

Global Self Storage: Trading At A Steep Discount But Hold For Now

Summary Global Self Storage recently posted very nice Q2 2022 results and increased its dividend. However, it has traditionally underperformed the market by far and it is currently trading at a discount to the average peer P/FFO multiple. The company is trading at an even steeper discount from a cap rate standpoint. Occupancy rates have been falling in same stores since last year. I would hold this company if I already had it in my portfolio, but I wouldn't initiate a new position right now. Today I'm taking another look at Global Self Storage (SELF) in an effort to update my last article on the company. In that article, I had concluded that Global Self Storage is a small-cap storage REIT with relatively low leverage and an attractive dividend. However, I also concluded that its performance was questionable, in relation to its peers. So, how does the company look today? A glimpse into Q2 2022 results The company reported significant increases in every REIT - related metric for the second quarter of 2022. Adjusted FFO increased by 42% on a quarterly basis, reaching $0.11 per share. Total revenues increased by $3 million, which stands for a 15.7% increase on a quarterly basis. Based on these results, the company announced the increase of its quarterly dividend by 11.5%, reaching $0.0725 per common share. This figure stands for a 5.1% annualized dividend yield and represents a safe 66% dividend payout ratio. Finally, overall occupancy rate landed at 93.1%, while at the end of 2021 was 94.2% and at the end of Q1 2022, it was at 95.7%. Same Store QoQ comparison (Global Self Storage September 2022 Investor Presentation) One of the very impressive milestones of the company is that they managed to grow their FY 2021 FFO figure by nearly 60%, outperforming all of their peers by far. Given that the self-storage market is expected to grow by 2% per annum in the following years and also the fact that Global Self Storage is a small cap, growing REIT, it would be reasonable to say that such performance could be repeated in the future. However, if we look at the bigger picture, the company is underperforming relative to its peers. As we can see in the graph presented below, during the first half of 2022, the company's revenue growth was at the lower half of the peer group, while they showed the lowest occupancy rate among their peers. In terms of NOI growth, things look better, but I would expect better performance from a smaller REIT. Finally, the company is paying a higher dividend yield than all of its peers, which at today's share price, reaches 5.1%. Global Self Storage vs its peers, 1H 2022 (Global Self Storage September 2022 Investor Presentation) This is also reflected in the total return of the peer group, as it is shown in the graph presented below. We can see that Global Self Storage has significantly underperformed its peers, during the last 5 years, providing its shareholders with nearly 58% total return, while Extra Space Storage (EXR) reached more than two times this figure. Data by YCharts Valuation considerations The company is now trading just above 15 times its forward FFO, which is one of the lowest valuation multiple among its peers. On the contrary, Extra Space Storage, which as I wrote before, outperformed all of its peers, is trading at the highest valuation multiple, which shows the trust of investors. P/FFO (FWD) SELF 15.14 PSA 18.38 NSA 14.42 CUBE 15.95 LSI 16.99 EXR 20.29
Seeking Alpha • Jul 28

Global Self Storage: Expect Attractive Performance To Continue

Global Self Storage has done incredibly well in recent months, with revenue and cash flows continuing to grow. Despite seeing its share price rise, the stock is still trading at a discount to much larger peers. Given recent performance, I suspect the business will continue to be worth consideration from long-term investors. When it comes to the world of REITs, asset types can vary significantly. And personally, one of the types of assets that I find most interesting are those dedicated to the self-storage space. They often require very little in the way of maintenance and, just by virtue of existing and holding products that other people own, generate attractive cash flows with little overhead. Most of the players in this market are rather large by comparison. But this doesn't mean that there aren't very small firms that are worth consideration. One that is particularly noteworthy and that is trading at a discount to its larger peers is Global Self Storage (SELF). And given recent performance achieved by the company, I must say that shares still seem to be a ‘buy’ to me. Performance Continues To Wow Back in November of 2021, I wrote an article that looked upon Global Self Storage in a favorable light. In that article, I said that the company's historical performance had been attractive. I was drawn in by its revenue growth over the prior years and I said that while shares of the company weren't cheap, they were affordable. This was especially true when considering how the company was priced compared to similar firms. At the end of the day, these revelations led me to rate the enterprise a ‘buy’. Since then, the firm has outperformed even my own expectations. You see, when I rate a firm a ‘buy’, my general opinion is that the company is likely to outperform the broader market for the foreseeable future. But unless it is a ‘strong buy’ rating, I don't expect it to beat the broader market by double-digit percentage points in the span of just a few months. But that is precisely what we have seen here with Global Self Storage, with shares generating a return for investors of 9.8% at a time when the broader market has fallen by 14.7%. Author - SEC EDGAR Data This strong performance seems to have been driven in large part by attractive fundamental performance generated by the firm. To start with, let's touch on how the company finished off its 2021 fiscal year. When I last wrote about it, we only had data covering through the third quarter of that year. But today, we now know that revenue came in at $10.5 million for the year. That represents an increase of 14.2% over the $9.2 million generated just one year earlier. It also marks at least the fifth year in a row in which revenue increased for the enterprise. According to management, there were really two key drivers of this rise in sales. One big contributor was an increase in the rental rates the company charges its customers. And the other was the results of its revenue rate management program of raising existing tenant rates. However, the company also experienced a 13.2% rise in revenue associated with other store income, with that increase largely driven by increased insurance participation at both its wholly owned and managed properties. This rise in revenue for the company also translated to stronger profitability. Operating cash flow went from roughly $2 million in 2020 to $3.6 million in 2021. In addition to benefiting from higher revenue, the company also saw a 1.9% decrease in operating costs, largely due to decreased depreciation and amortization and also because of a reduction insert in general and administrative expenses. While the depreciation and amortization would not have impacted operating cash flow, the other decreases certainly would have. This decrease in costs also helped to push other profitability metrics higher as well. FFO, or funds from operations, went from $2.1 million in 2020 to $3.4 million last year. On an adjusted basis, this metric went from $2.2 million to nearly $3.6 million. Meanwhile, EBITDA also increased, climbing from $3.2 million to $4.7 million. Author - SEC EDGAR Data So far, the 2022 fiscal year also looks to be rather positive for the company. Revenue of $2.8 million in the first quarter of the year is higher than the $2.4 million generated the same time one year earlier. Profitability, meanwhile, has also been on the upswing, with operating cash flow rising from $675.8 million in the first quarter of 2021 to $1.1 billion the same time this year. FFO has gone from $602.1 million to $913.9 million, while the adjusted equivalent of this went from $633.8 million to $971.8 million. Meanwhile, EBITDA has gone from $951 million to just under $1.2 billion. Author - SEC EDGAR Data We don't really know what to expect for the rest of the fiscal year. But if we annualize results experienced so far for the first quarter, we should anticipate operating cash flow of nearly $6 million. FFO should be $5.1 million, while the adjusted figure for this should be $5.5 million. Meanwhile, EBITDA should come in somewhere around $5.7 million for the year. Taking these figures, it doesn't become difficult to value the company. For instance, on a forward basis, the firm is trading at a price to operating cash flow multiple of 10.3x. This compares to the 16.8 multiple that we get if we use the 2021 results. The price to FFO multiple should drop from 18.3 using last year's results to 12.1x for this year. On an adjusted basis, this multiple should drop from 17.1x to 11.1x. And when it comes to the EV to EBITDA approach, the multiple should decline from 16.1x to 13.2x. As part of this analysis, I also compared the company to five similar firms. On a price to operating cash flow basis, these companies ranged from a low of 17.5x to a high of 24.2x. And when it comes to the EV to EBITDA approach, the range was from 20.3x to 24.1x. In both scenarios, Global Self Storage was the cheapest of the group. Company Price / Operating Cash Flow EV / EBITDA Global Self Storage 16.8x 16.1x Public Storage (PSA) 21.2x 22.8x Extra Space Storage (EXR) 24.2x 23.1x CubeSmart (CUBE) 19.1x 22.5x Life Storage (LSI) 20.2x 24.1x National Storage Affiliates Trust (NSA) 17.5x 20.3x Economic Musings Given recent economic conditions, investors are well within their sensibilities to ask what the impact of things like a recession, inflation, and rising interest rates, might have on a company like Global Self Storage. Obviously, every company is different and everything ultimately depends on the severity of any adverse economic events. But for the most part, investors in the self-storage space should find themselves sleeping soundly at night. I say this because there is ample evidence to support the view that this particular industry will fare quite well if current turbulence continues. Consider the impact that a recession might have on the self-storage space. Back in 2008, when it looked as though the world was falling apart, this industry actually still managed to achieve growth of 5% year over year. While this may seem unlikely, it's quite logical when you understand why people use self-storage to begin with. Often, it is utilized when people are, for whatever reason, forced to move from one area to another and need some place to park their goods. What better time for that kind of activity than during a recession? And it's unlikely that the goods in question will instead be thrown away because, while definitely affordable, self-storage is expensive enough that people generally wouldn't use it for items that can be easily disposed of and replaced later. So if people are going to be forced to move around and change their living conditions, self-storage should see demand increase if anything during difficult times.
Seeking Alpha • May 16

Global Self Storage: Great Big Name For A Tiny Company

I previously identified self-storage as one of 7 REIT sectors likely to outperform in 2022. That prediction has not worked out well thus far, but one self-storage REIT is handily beating the REIT average: Global Self Storage (SELF). Although its name implies a large international operation, the company is just the opposite: Very small and regional. Current expert ratings on Global Self Storage are very optimistic. This article examines growth, balance sheet, dividend, and valuation metrics, to assess the company's near-term future.
Seeking Alpha • Feb 17

Global Self Storage: Low Leverage, High Dividend, Questionable Performance

This small-cap REIT is rapidly growing, and still it has a very low leverage. Revenue and NOI growth outperform its peers, although historical total returns lag significantly. The 4.3% dividend yield is well covered by the company's FFO. They follow a geographical differentiation strategy, by investing in low profile locations, with limited competitor presence. Overall, an interesting company and a potential long opportunity, although the active share offering may stall the share price for a while.
Seeking Alpha • Nov 27

Global Self Storage: A Small REIT To Consider

Global Self Storage has generated attractive performance so far this year. The company's overall trend of growth continues and the long-term prospects for the firm should be appealing. Shares aren't exactly cheap, but they are certainly affordable.
Seeking Alpha • Sep 15

Global Self Storage: An Interesting REIT To Keep An Eye On

Global Self Storage is a small self storage REIT with a strong balance sheet and trading at just over its book value. The P/FFO is currently approximately 17, but I expect the FFO to increase as SELF continues to deploy capital. The quarterly dividend of $0.065 is fully covered and provides a handsome 5% dividend yield. I currently don't have a position but would be interested in going long.
Seeking Alpha • Jun 30

Commentary Regarding Recent Public Offering By Global Self Storage

Just this last week, Global Self Storage consummated an underwritten public offering that increased its outstanding shares by about 11.9%. The market's reaction was swift and decisively negative. The market perception is analyzed here in terms of likely prospective economic dilution.
Article d’analyse • Jun 02

The Compensation For Global Self Storage, Inc.'s (NASDAQ:SELF) CEO Looks Deserved And Here's Why

We have been pretty impressed with the performance at Global Self Storage, Inc. ( NASDAQ:SELF ) recently and CEO Mark...
Article d’analyse • Dec 10

How Should Investors React To Global Self Storage's (NASDAQ:SELF) CEO Pay?

Mark Winmill has been the CEO of Global Self Storage, Inc. ( NASDAQ:SELF ) since 2012, and this article will examine...

Rendement pour les actionnaires

SELFUS Specialized REITsUS Marché
7D-2.3%0.8%-0.3%
1Y-7.0%3.8%26.7%

Rendement vs Industrie: SELF a sous-performé le secteur US Specialized REITs qui a rapporté 3.8 % au cours de l'année écoulée.

Rendement vs marché: SELF a sous-performé le marché US qui a rapporté 26.7 % au cours de l'année écoulée.

Volatilité des prix

Is SELF's price volatile compared to industry and market?
SELF volatility
SELF Average Weekly Movement2.6%
Specialized REITs Industry Average Movement3.7%
Market Average Movement7.2%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.2%

Cours de l'action stable: SELF n'a pas connu de volatilité de prix significative au cours des 3 derniers mois par rapport au marché US.

Volatilité au fil du temps: La volatilité hebdomadaire de SELF ( 3% ) est restée stable au cours de l'année écoulée.

À propos de l'entreprise

FondéeSalariésPDGSite web
198336Mark Winmillwww.globalselfstorage.us

Global Self Storage, Inc. est une FPI auto-administrée et autogérée qui possède, exploite, gère, acquiert et réaménage des propriétés de self-stockage. Ses propriétés de self-stockage sont conçues pour offrir un espace de stockage abordable, facilement accessible et sécurisé pour les clients résidentiels et commerciaux. Par l'intermédiaire de ses filiales à 100 %, la société possède et/ou gère 13 centres de self-stockage dans le Connecticut, l'Illinois, l'Indiana, New York, l'Ohio, la Pennsylvanie, la Caroline du Sud et l'Oklahoma.

Global Self Storage, Inc. Résumé des fondamentaux

Comment les bénéfices et les revenus de Global Self Storage se comparent-ils à sa capitalisation boursière ?
SELF statistiques fondamentales
Capitalisation boursièreUS$60.54m
Bénéfices(TTM)US$1.92m
Recettes(TTM)US$12.75m
31.0x
Ratio P/E
4.7x
Ratio P/S

Le site SELF est-il surévalué ?

Voir Juste valeur et analyse de l'évaluation

Bénéfices et recettes

Principales statistiques de rentabilité tirées du dernier rapport sur les bénéfices (TTM)
SELF compte de résultat (TTM)
RecettesUS$12.75m
Coût des recettesUS$4.99m
Marge bruteUS$7.77m
Autres dépensesUS$5.85m
Les revenusUS$1.92m

Derniers bénéfices déclarés

Mar 31, 2026

Prochaine date de publication des résultats

s/o

Résultat par action (EPS)0.17
Marge brute60.90%
Marge bénéficiaire nette15.03%
Ratio dettes/capitaux propres33.8%

Quelles ont été les performances à long terme de SELF?

Voir les performances historiques et les comparaisons

Dividendes

5.6%
Rendement actuel des dividendes
82%
Ratio de distribution

Analyse de l'entreprise et données financières

DonnéesDernière mise à jour (heure UTC)
Analyse de l'entreprise2026/05/20 09:02
Cours de l'action en fin de journée2026/05/20 00:00
Les revenus2026/03/31
Revenus annuels2025/12/31

Sources de données

Les données utilisées dans notre analyse de l'entreprise proviennent de S&P Global Market Intelligence LLC. Les données suivantes sont utilisées dans notre modèle d'analyse pour générer ce rapport. Les données sont normalisées, ce qui peut entraîner un délai avant que la source ne soit disponible.

PaquetDonnéesCadre temporelExemple de source américaine *
Finances de l'entreprise10 ans
  • Compte de résultat
  • Tableau des flux de trésorerie
  • Bilan
Estimations consensuelles des analystes+3 ans
  • Prévisions financières
  • Objectifs de prix des analystes
Prix du marché30 ans
  • Cours des actions
  • Dividendes, scissions et actions
Propriété10 ans
  • Actionnaires principaux
  • Délits d'initiés
Gestion10 ans
  • L'équipe dirigeante
  • Conseil d'administration
Principaux développements10 ans
  • Annonces de l'entreprise

* Exemple pour les titres américains ; pour les titres non américains, des formulaires réglementaires et des sources équivalentes sont utilisés.

Sauf indication contraire, toutes les données financières sont basées sur une période annuelle mais mises à jour trimestriellement. C'est ce qu'on appelle les données des douze derniers mois (TTM) ou des douze derniers mois (LTM). En savoir plus.

Modèle d'analyse et flocon de neige

Les détails du modèle d’analyse utilisé pour générer ce rapport sont disponibles sur notre page Github; nous proposons également des guides expliquant comment utiliser nos rapports et des tutoriels sur Youtube.

Découvrez l'équipe de classe mondiale qui a conçu et construit le modèle d'analyse Simply Wall St.

Indicateurs de l'industrie et du secteur

Nos indicateurs de secteur et de section sont calculés toutes les 6 heures par Simply Wall St. Les détails de notre processus sont disponibles sur Github.

Sources des analystes

Global Self Storage, Inc. est couverte par 3 analystes. 2 de ces analystes ont soumis les estimations de revenus ou de bénéfices utilisées comme données d'entrée dans notre rapport. Les soumissions des analystes sont mises à jour tout au long de la journée.

AnalysteInstitution
Gaurav MehtaAlliance Global Partners
Viacheslav ObodnikovFreedom Broker
Zhiger KurmetFreedom Broker