Global Self Storage is a self-administered and self-managed REIT that owns, operates, manages, acquires, develops and redevelops self-storage properties.
Acceptable track record and slightly overvalued.
Share Price & News
How has Global Self Storage's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SELF has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: SELF underperformed the US REITs industry which returned 16% over the past year.
Return vs Market: SELF underperformed the US Market which returned 17.9% over the past year.
Price Volatility Vs. Market
How volatile is Global Self Storage's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StGlobal Self Storage, Inc. (NASDAQ:SELF) Delivered A Weaker ROE Than Its Industry
1 month ago | Simply Wall StHow Many Global Self Storage, Inc. (NASDAQ:SELF) Shares Do Institutions Own?
2 months ago | Simply Wall StIf You Had Bought Global Self Storage (NASDAQ:SELF) Stock Five Years Ago, You Could Pocket A 15% Gain Today
Is Global Self Storage undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SELF ($4.3) is trading below our estimate of fair value ($4.47)
Significantly Below Fair Value: SELF is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: SELF is poor value based on its PE Ratio (50.6x) compared to the REITs industry average (37.2x).
PE vs Market: SELF is poor value based on its PE Ratio (50.6x) compared to the US market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SELF's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SELF is good value based on its PB Ratio (0.9x) compared to the US REITs industry average (2.1x).
How is Global Self Storage forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Real Estate industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Global Self Storage has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Take a look at our analysis of SELF’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Explore growth companies in the Real Estate industry.
How has Global Self Storage performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SELF has a large one-off gain of $375.2K impacting its September 30 2019 financial results.
Growing Profit Margin: SELF's current net profit margins (7.6%) are higher than last year (6.6%).
Past Earnings Growth Analysis
Earnings Trend: SELF's earnings have declined by -64.1% per year over the past 5 years.
Accelerating Growth: SELF's earnings growth over the past year (24.1%) exceeds its 5-year average (-64.1% per year).
Earnings vs Industry: SELF earnings growth over the past year (24.1%) exceeded the REITs industry 7.6%.
Return on Equity
High ROE: SELF's Return on Equity (1.8%) is considered low.
Return on Assets
Return on Capital Employed
How is Global Self Storage's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: SELF has a high level of physical assets or inventory.
Debt Coverage by Assets: SELF's debt is not covered by short term assets (assets are 0.1x debt).
Financial Institutions Analysis
Asset Level: SELF's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if SELF has a sufficient allowance for bad loans.
Low Risk Liabilities: SELF reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if SELF has an acceptable proportion of non-loan assets held.
Low Risk Deposits: SELF has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if SELF has an appropriate level of bad loans.
What is Global Self Storage's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: SELF's dividend (6.05%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: SELF's dividend (6.05%) is in the top 25% of dividend payers in the US market (3.73%)
Stability and Growth of Payments
Stable Dividend: SELF has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SELF has only been paying a dividend for 6 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (119%), SELF's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mark Winmill (62yo)
Mr. Mark Campbell Winmill is the Executive Vice President and Chief Investment Strategist at Midas Management Corporation. He serves as the President, Chairman and Chief Executive Officer at Global Self St ...
CEO Compensation Analysis
Compensation vs Market: Mark's total compensation ($USD519.76K) is about average for companies of similar size in the US market ($USD522.48K).
Compensation vs Earnings: Mark's compensation has increased by more than 20% in the past year.
|CEO, President & Chairman||8.1yrs||US$519.76k||1.03% $412.1k|
|CFO, Chief Accounting Officer||15.1yrs||US$204.18k||0.23% $93.9k|
|General Counsel||2.4yrs||US$253.74k||0.23% $93.0k|
|Vice President||6.1yrs||no data||0.018% $7.4k|
|Controller||7.1yrs||no data||no data|
|Vice President of Property Operations||2.8yrs||no data||no data|
Experienced Management: SELF's management team is seasoned and experienced (6.6 years average tenure).
|CEO, President & Chairman||8.1yrs||US$519.76k||1.03% $412.1k|
|Director||23.1yrs||no data||0.012% $4.7k|
|Independent Director||4.1yrs||US$18.00k||0.23% $92.4k|
|Independent Director||4.1yrs||US$18.00k||0.017% $6.8k|
|Independent Director||4.1yrs||US$18.00k||0.015% $5.8k|
Experienced Board: SELF's board of directors are considered experienced (4.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Global Self Storage, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Global Self Storage, Inc.
- Ticker: SELF
- Exchange: NasdaqCM
- Industry: Specialized REITs
- Sector: Real Estate
- Market Cap: US$40.120m
- Shares outstanding: 9.33m
- Website: https://www.globalselfstorage.us
Number of Employees
- Global Self Storage, Inc.
- 11 Hanover Square
- 12th Floor
- New York
- New York
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SELF||NasdaqCM (Nasdaq Capital Market)||Yes||Common Stock||US||USD||Nov 2013|
Global Self Storage is a self-administered and self-managed REIT that owns, operates, manages, acquires, develops and redevelops self-storage properties. The Company’s self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers. Through its wholly owned subsidiaries, the Company owns and/or manages 13 self-storage properties in Connecticut, Illinois, Indiana, New York, Ohio, Pennsylvania, South Carolina, and Oklahoma.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/23 02:21|
|End of Day Share Price||2020/02/21 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.