CubeSmart Valuation
Is CUBE * undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of CUBE * when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: CUBE * (MX$938) is trading below our estimate of fair value (MX$1228.64)
Significantly Below Fair Value: CUBE * is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for CUBE *?
Key metric: As CUBE * is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.
| What is CUBE *'s PE Ratio? | |
|---|---|
| PE Ratio | 27.4x |
| Earnings | US$401.96m |
| Market Cap | US$10.99b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 13x |
| Enterprise Value/EBITDA | 20x |
| PEG Ratio | 10.6x |
Price to Earnings Ratio vs Peers
How does CUBE *'s PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 23.1x | ||
FSITES 20 Fideicomiso Opsimex | 62.7x | n/a | Mex$88.1b |
EDUCA 18 Fideicomiso Irrevocable No. F/3277 en Banco Invex S. A. Institución de Banca Múltiple INVEX Grupo | 18.1x | n/a | Mex$69.6b |
FIBRAPL 14 FIBRA Prologis | 4.6x | -63.6% | Mex$96.6b |
FUNO 11 Fibra UNO | 7.1x | -1.4% | Mex$82.0b |
CUBE * CubeSmart | 27.4x | 2.6% | Mex$11.0b |
Price-To-Earnings vs Peers: CUBE * is expensive based on its Price-To-Earnings Ratio (27.4x) compared to the peer average (10x).
Price to Earnings Ratio vs Industry
How does CUBE *'s PE Ratio compare vs other companies in the Global Specialized REITs Industry?
| 0 Companies | Price / Earnings | Estimated Growth | Market Cap |
|---|---|---|---|
| 0 Companies | Estimated Growth | Market Cap |
|---|
Price-To-Earnings vs Industry: CUBE * is expensive based on its Price-To-Earnings Ratio (27.4x) compared to the Global Specialized REITs industry average (19x).
Price to Earnings Ratio vs Fair Ratio
What is CUBE *'s PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 27.4x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate CUBE *'s Price-To-Earnings Fair Ratio for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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