SSS Stock Overview
Stor-Age is the largest self storage property fund and most recognisable brand in SA. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 1/6 |
| Dividends | 2/6 |
My Notes
Capture your thoughts, links and company narrative
Stor-Age Property REIT Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R15.89 |
| 52 Week High | R15.95 |
| 52 Week Low | R12.31 |
| Beta | 0.14 |
| 1 Month Change | 0.57% |
| 3 Month Change | 3.38% |
| 1 Year Change | 17.53% |
| 3 Year Change | 10.73% |
| 5 Year Change | 7.73% |
| Change since IPO | 60.34% |
Recent News & Updates
Recent updates
Shareholder Returns
| SSS | ZA Specialized REITs | ZA Market | |
|---|---|---|---|
| 7D | 1.7% | -5.6% | -2.7% |
| 1Y | 17.5% | -2.4% | 11.4% |
Return vs Industry: SSS exceeded the ZA Specialized REITs industry which returned -2.3% over the past year.
Return vs Market: SSS exceeded the ZA Market which returned 11.4% over the past year.
Price Volatility
| SSS volatility | |
|---|---|
| SSS Average Weekly Movement | 2.5% |
| Specialized REITs Industry Average Movement | 3.0% |
| Market Average Movement | 4.2% |
| 10% most volatile stocks in ZA Market | 9.0% |
| 10% least volatile stocks in ZA Market | 2.5% |
Stable Share Price: SSS has not had significant price volatility in the past 3 months compared to the ZA market.
Volatility Over Time: SSS's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2006 | 500 | Gavin Lucas | www.stor-age.co.za/cape-town |
Stor-Age is the largest self storage property fund and most recognisable brand in SA. The portfolio comprises 97 trading properties across SA (60) and the UK (37), providing storage to over 49 000 customers. The combined value of the portfolio, including properties managed in our JV partnerships, was R16.2 billion (SA - R5.9 billion; UK - £449 million) at 30 September 2023 with the maximum lettable area, including the pipeline and ongoing developments, exceeding 650 000m².
Stor-Age Property REIT Limited Fundamentals Summary
| SSS fundamental statistics | |
|---|---|
| Market cap | R7.65b |
| Earnings (TTM) | R1.21b |
| Revenue (TTM) | R1.34b |
6.3x
P/E Ratio5.7x
P/S RatioIs SSS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SSS income statement (TTM) | |
|---|---|
| Revenue | R1.34b |
| Cost of Revenue | R326.98m |
| Gross Profit | R1.01b |
| Other Expenses | -R197.97m |
| Earnings | R1.21b |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Jun 17, 2025
| Earnings per share (EPS) | 2.51 |
| Gross Margin | 75.54% |
| Net Profit Margin | 90.35% |
| Debt/Equity Ratio | 49.7% |
How did SSS perform over the long term?
See historical performance and comparisonDividends
7.2%
Current Dividend Yield2,527%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:41 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Stor-Age Property REIT Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mahir Hamdulay | Absa Bank Limited |
| Sabena Omar | Avior Capital Markets |