National Storage REIT (OTCPK:NTSG.F) - Stock Price, News & Analysis

NTSG.F Stock Overview

National Storage is the largest self-storage provider in Australia and New Zealand, with over 225 centres providing tailored storage solutions to over 90,000 residential and commercial customers.

About the company

NTSG.F fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	2/6
Past Performance	1/6
Financial Health	3/6
Dividends	6/6

Rewards

Trading at 34.8% below our estimate of its fair value

Earnings are forecast to grow 15.42% per year

Pays a high and reliable dividend of 4.62%

Risk Analysis

Shares are highly illiquid

Large one-off items impacting financial results

National Storage REIT Competitors

National Storage Affiliates Trust

NYSE:NSA

US$4.9b

CubeSmart

NYSE:CUBE

US$11.1b

Extra Space Storage

NYSE:EXR

US$37.3b

Public Storage

NYSE:PSA

US$56.7b

Price History & Performance

Summary of all time highs, changes and price drops for National Storage REIT
Historical stock prices
Current Share Price	AU$1.77
52 Week High	AU$1.83
52 Week Low	AU$1.29
Beta	0.66
11 Month Change	8.59%
3 Month Change	n/a
1 Year Change	22.75%
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	10.63%

Recent updates

Shareholder Returns

	NTSG.F	US Specialized REITs	US Market
7D	12.0%	0.4%	3.1%
1Y	22.7%	16.1%	25.4%

Return vs Industry: NTSG.F exceeded the US Specialized REITs industry which returned 16.6% over the past year.

Return vs Market: NTSG.F underperformed the US Market which returned 25.6% over the past year.

Price Volatility

Is NTSG.F's price volatile compared to industry and market?
NTSG.F volatility
NTSG.F Average Weekly Movement	n/a
Specialized REITs Industry Average Movement	3.2%
Market Average Movement	6.3%
10% most volatile stocks in US Market	15.0%
10% least volatile stocks in US Market	3.2%

Stable Share Price: NTSG.F has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine NTSG.F's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2000	660	Andrew Catsoulis	www.nationalstorage.com.au

National Storage is the largest self-storage provider in Australia and New Zealand, with over 225 centres providing tailored storage solutions to over 90,000 residential and commercial customers. NSR is the first independent, internally managed and fully integrated owner and operator of self-storage centres to be listed on the Australian Securities Exchange (ASX).

National Storage REIT Fundamentals Summary

How do National Storage REIT's earnings and revenue compare to its market cap?
NTSG.F fundamental statistics
Market cap	US$2.20b
Earnings (TTM)	US$24.00m
Revenue (TTM)	US$229.16m

91.7x

P/E Ratio

9.6x

P/S Ratio

Is NTSG.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NTSG.F income statement (TTM)
Revenue	AU$339.66m
Cost of Revenue	AU$40.04m
Gross Profit	AU$299.62m
Other Expenses	AU$264.05m
Earnings	AU$35.57m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.026
Gross Margin	88.21%
Net Profit Margin	10.47%
Debt/Equity Ratio	33.9%

How did NTSG.F perform over the long term?

See historical performance and comparison

Dividends

4.6%

Current Dividend Yield

52%

Payout Ratio

National Storage REIT OTCPK:NTSG.F Stock Report