Global Self Storage is a self-administered and self-managed REIT that owns, operates, manages, acquires, develops and redevelops self-storage properties.
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Fair value 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
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 exceeded the US REITs industry which returned -12.6% over the past year.
Return vs Market: SELF underperformed the US Market which returned 5.3% 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 months ago | Simply Wall StInvestors Who Bought Global Self Storage (NASDAQ:SELF) Shares Three Years Ago Are Now Down 28%
3 months ago | Simply Wall StDo Institutions Own Shares In Global Self Storage, Inc. (NASDAQ:SELF)?
4 months ago | Simply Wall StShould You Be Pleased About The CEO Pay At Global Self Storage, Inc.'s (NASDAQ:SELF)
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 ($3.76) is trading below our estimate of fair value ($4.96)
Significantly Below Fair Value: SELF is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SELF is poor value based on its PE Ratio (657.5x) compared to the US REITs industry average (26.9x).
PE vs Market: SELF is poor value based on its PE Ratio (657.5x) compared to the US market (16.1x).
Price to Earnings Growth Ratio
PEG Ratio: SELF is poor value based on its PEG Ratio (11.2x)
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 (1.3x).
How is Global Self Storage forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SELF's forecast earnings growth (58.9% per year) is above the savings rate (2.2%).
Earnings vs Market: SELF's earnings (58.9% per year) are forecast to grow faster than the US market (22.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SELF's revenue (2.5% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: SELF's revenue (2.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if SELF's Return on Equity is forecast to be high in 3 years time
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 loss of $152.1K impacting its March 31 2020 financial results.
Growing Profit Margin: SELF's current net profit margins (0.5%) are lower than last year (9%).
Past Earnings Growth Analysis
Earnings Trend: SELF's earnings have declined by -64.5% per year over the past 5 years.
Accelerating Growth: SELF's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SELF had negative earnings growth (-93.8%) over the past year, making it difficult to compare to the REITs industry average (5.3%).
Return on Equity
High ROE: SELF's Return on Equity (0.1%) is considered low.
How is Global Self Storage's financial position?
Financial Position Analysis
Short Term Liabilities: SELF's short term assets ($3.8M) exceed its short term liabilities ($2.0M).
Long Term Liabilities: SELF's short term assets ($3.8M) do not cover its long term liabilities ($23.7M).
Debt to Equity History and Analysis
Debt Level: SELF's debt to equity ratio (57.5%) is considered high.
Reducing Debt: Insufficient data to determine if SELF's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SELF's debt is not well covered by operating cash flow (7.3%).
Interest Coverage: SELF's interest payments on its debt are not well covered by EBIT (1.2x coverage).
What is Global Self Storage current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SELF's dividend (6.91%) is higher than the bottom 25% of dividend payers in the US market (1.68%).
High Dividend: SELF's dividend (6.91%) is in the top 25% of dividend payers in the US market (4.59%)
Stability and Growth of Payments
Stable Dividend: SELF has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SELF has only been paying a dividend for 6 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (122.9%), SELF's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mark Winmill (63yo)
Mr. Mark Winmill serves as Executive Vice President of Winmill & Co. Incorporated. He is the Executive Vice President and Chief Investment Strategist at Midas Management Corporation. He serves as the Presi ...
CEO Compensation Analysis
Compensation vs Market: Mark's total compensation ($USD440.42K) is about average for companies of similar size in the US market ($USD618.98K).
Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.
|CEO, President & Chairman||8.5yrs||US$440.42k||1.23% $432.3k|
|CFO, Chief Accounting Officer||15.5yrs||US$206.48k||0.27% $95.3k|
|General Counsel||2.83yrs||US$209.71k||0.30% $104.4k|
|Vice President||6.5yrs||no data||0.028% $9.7k|
|Controller||7.5yrs||no data||no data|
|Vice President of Property Operations||3.17yrs||no data||no data|
Experienced Management: SELF's management team is seasoned and experienced (7 years average tenure).
|CEO, President & Chairman||8.5yrs||US$440.42k||1.23% $432.3k|
|Director||23.5yrs||no data||0.012% $4.1k|
|Independent Director||4.5yrs||US$20.50k||0.23% $80.8k|
|Independent Director||4.5yrs||US$20.50k||0.017% $5.9k|
|Independent Director||4.5yrs||US$20.50k||0.015% $5.1k|
Experienced Board: SELF's board of directors are considered experienced (4.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SELF insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 21%.
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$35.180m
- Shares outstanding: 9.36m
- 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||2020/07/15 00:11|
|End of Day Share Price||2020/07/14 00:00|