Stock Analysis Report

Executive Summary

Global Self Storage is a self-administered and self-managed REIT that owns, operates, manages, acquires, develops and redevelops self-storage properties.

Snowflake Analysis

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.

Market Performance

7 Day Return






US Market

1 Year Return






US Market

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.

Shareholder returns

7 Day0.5%-0.07%-1.1%
30 Day-1.1%3.6%1.4%
90 Day2.1%7.8%6.9%
1 Year17.2%10.3%20.7%16.0%20.3%17.9%
3 Year9.6%-8.3%37.9%20.6%47.8%38.3%
5 Year59.8%17.8%60.3%27.3%71.9%53.0%

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


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).

Next Steps

Future Growth

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.

Next Steps

Past Performance

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

Next Steps

Financial Health

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

Balance Sheet

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.

Next Steps


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.

Next Steps


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.

Leadership Team

Mark Winmill
CEO, President & Chairman8.1yrsUS$519.76k1.03% $412.1k
Thomas O'Malley
CFO, Chief Accounting Officer15.1yrsUS$204.18k0.23% $93.9k
Donald Klimoski
General Counsel2.4yrsUS$253.74k0.23% $93.0k
Russell Kamerman
Vice President6.1yrsno data0.018% $7.4k
Angelito Sarabia
Controller7.1yrsno datano data
Robert Mathers
Vice President of Property Operations2.8yrsno datano data


Average Tenure


Average Age

Experienced Management: SELF's management team is seasoned and experienced (6.6 years average tenure).

Board Members

Mark Winmill
CEO, President & Chairman8.1yrsUS$519.76k1.03% $412.1k
Thomas Winmill
Director23.1yrsno data0.012% $4.7k
Russell Burke
Independent Director4.1yrsUS$18.00k0.23% $92.4k
George Langa
Independent Director4.1yrsUS$18.00k0.017% $6.8k
William Zachary
Independent Director4.1yrsUS$18.00k0.015% $5.8k


Average Tenure


Average Age

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

Global Self Storage, Inc.'s company bio, employee growth, exchange listings and data sources

Key Information

  • Name: Global Self Storage, Inc.
  • Ticker: SELF
  • Exchange: NasdaqCM
  • Founded:
  • Industry: Specialized REITs
  • Sector: Real Estate
  • Market Cap: US$40.120m
  • Shares outstanding: 9.33m
  • Website:

Number of Employees


  • Global Self Storage, Inc.
  • 11 Hanover Square
  • 12th Floor
  • New York
  • New York
  • 10005
  • United States


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SELFNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDNov 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/23 02:21
End of Day Share Price2020/02/21 00:00
Annual Earnings2018/12/31

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.