NasdaqCM:SELF

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

Fundamentals

Acceptable track record with moderate growth potential.

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


Market Performance


7 Day Return

2.0%

SELF

0.1%

US REITs

3.4%

US Market


1 Year Return

14.9%

SELF

18.7%

US REITs

5.4%

US Market

Return vs Industry: SELF underperformed the US REITs industry which returned 18.7% over the past year.

Return vs Market: SELF exceeded the US Market which returned 5.4% over the past year.


Shareholder returns

SELFIndustryMarket
7 Day2.0%0.1%3.4%
30 Day-2.1%1.7%-1.0%
90 Day10.3%4.7%-0.4%
1 Year22.4%14.9%24.0%18.7%7.7%5.4%
3 Year9.7%-8.2%33.6%16.6%46.2%36.8%
5 Year62.4%21.6%63.6%29.1%65.6%47.5%

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

Valuation

Is Global Self Storage undervalued compared to its fair value and its price relative to the market?

11.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: SELF ($4.62) is trading below our estimate of fair value ($5.22)

Significantly Undervalued: 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 (72x) compared to the REITs industry average (35.4x).

PE vs Market: SELF is poor value based on its PE Ratio (72x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

Low 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 (1x) compared to the US REITs industry average (2x).


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?

26.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SELF's forecast earnings growth (26.6% per year) is above the savings rate (2.7%).

Earnings vs Market: SELF's earnings (26.6% per year) are forecast to grow faster than the US market (14.3% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if SELF's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if SELF's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if SELF's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Global Self Storage performed over the past 5 years?

-67.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: SELF's earnings have declined by -67.3% per year over the past 5 years.

Accelerating Growth: SELF's earnings growth over the past year (60.8%) exceeds its 5-year average (-67.3% per year).

Earnings vs Industry: SELF earnings growth over the past year (60.8%) exceeded the REITs industry 17%.


Return on Equity

High ROE: SELF's Return on Equity (1.3%) is considered low.


Return on Assets

ROA vs Industry: SELF's Return on Assets is below or equal to the REITs industry average last year.


Return on Capital Employed

ROCE Improving: SELF has significantly improved its Return on Capital Employed over the past 3 years.


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

Dividend

What is Global Self Storage's current dividend yield, its reliability and sustainability?

5.63%

Current Dividend Yield


Dividend Yield vs Market

company5.6%marketbottom25%1.5%markettop25%3.8%industryaverage3.7%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: SELF's dividend (5.63%) is higher than the bottom 25% of dividend payers in the US market (1.46%).

High Dividend: SELF's dividend (5.63%) is in the top 25% of dividend payers in the US market (3.77%)

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 (109.3%), 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

Management

What is the CEO of Global Self Storage's salary, the management and board of directors tenure and is there insider trading?

6.3yrs

Average management tenure


CEO

Mark Winmill (62yo)

7.8yrs

Tenure

US$519,764

Compensation

Mr. Mark Campbell Winmill serves as the President, Chairman and Chief Executive Officer at Global Self Storage, Inc since 2012. Mr. Winmill serves as the Chief Investment Strategist and Executive Vice Pres ...


CEO Compensation Analysis

Compensation vs. Market: Mark's total compensation ($USD519.76K) is about average for companies of similar size in the US market ($USD493.02K).

Compensation vs Earnings: Mark's compensation has increased by more than 20% in the past year.


Management Age and Tenure

6.3yrs

Average Tenure

54yo

Average Age

Experienced Management: SELF's management team is seasoned and experienced (6.3 years average tenure).


Board Age and Tenure

3.8yrs

Average Tenure

60yo

Average Age

Experienced Board: SELF's board of directors are considered experienced (3.8 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$7,40029 May 19
Mark Winmill
EntityIndividual
Role
Chief Executive Officer
CEO, President & Chairman
Shares2,000
Max PriceUS$3.70

Ownership Breakdown


Management Team

  • Mark Winmill (62yo)

    CEO, President & Chairman

    • Tenure: 7.8yrs
    • Compensation: US$519.76k
  • Robert Mathers (52yo)

    Vice President of Property Operations

    • Tenure: 2.4yrs
  • Thomas O'Malley (61yo)

    CFO, Chief Accounting Officer

    • Tenure: 14.8yrs
    • Compensation: US$204.18k
  • Russell Kamerman (37yo)

    Vice President

    • Tenure: 5.8yrs
  • Angelito Sarabia (56yo)

    Controller

    • Tenure: 6.8yrs
  • Scott Liolios

    Investor Relations

    • Tenure: 0yrs
  • Don Klimoski (39yo)

    General Counsel

    • Tenure: 2.1yrs
    • Compensation: US$253.74k

Board Members

  • Tom Winmill (60yo)

    Director

    • Tenure: 22.8yrs
  • Mark Winmill (62yo)

    CEO, President & Chairman

    • Tenure: 7.8yrs
    • Compensation: US$519.76k
  • Russell Burke (73yo)

    Director

    • Tenure: 3.8yrs
    • Compensation: US$18.00k
  • George Langa (57yo)

    Director

    • Tenure: 3.8yrs
    • Compensation: US$18.00k
  • William Zachary (55yo)

    Director

    • Tenure: 3.8yrs
    • Compensation: US$18.00k

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$35.708m
  • Shares outstanding: 7.73m
  • Website: https://www.globalselfstorage.us

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SELFNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDNov 2013

Biography

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  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/16 00:22
End of Day Share Price2019/10/15 00:00
Earnings2019/06/30
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.