SHURGARD SELF STORAGE LTD (SHUR.BR) Stock Fundamental Analysis
Europe - EBR:SHUR - GG00BQZCBZ44 - REIT
34.15 EUR
+0.45 (+1.34%)
Overall SHUR gets a fundamental rating of 6 out of 10. We evaluated SHUR against 2 industry peers in the Specialized REITs industry. SHUR has an excellent profitability rating, but there are some minor concerns on its financial health. SHUR may be a bit undervalued, certainly considering the very reasonable score on growth With these ratings, SHUR could be worth investigating further for value investing!.
1. Profitability
1.1 Basic Checks
In the past year SHUR was profitable.
In the past year SHUR had a positive cash flow from operations.
SHUR had positive earnings in each of the past 5 years.
Each year in the past 5 years SHUR had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 8.00%, SHUR belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
SHUR has a Return On Equity of 13.16%. This is amongst the best in the industry. SHUR outperforms 100.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 2.77%, SHUR belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for SHUR is in line with the industry average of 2.77%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8% | ||
| ROE | 13.16% | ||
| ROIC | 2.77% |
ROA(3y)9.46%
ROA(5y)9.59%
ROE(3y)14.96%
ROE(5y)15.36%
ROIC(3y)3.07%
ROIC(5y)3.25%
1.3 Margins
Looking at the Profit Margin, with a value of 128.64%, SHUR belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
In the last couple of years the Profit Margin of SHUR has grown nicely.
SHUR has a better Operating Margin (56.17%) than 100.00% of its industry peers.
SHUR's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 69.39%, SHUR belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
In the last couple of years the Gross Margin of SHUR has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 56.17% | ||
| PM (TTM) | 128.64% | ||
| GM | 69.39% |
OM growth 3Y-0.61%
OM growth 5Y0.08%
PM growth 3Y-12.66%
PM growth 5Y11.28%
GM growth 3Y0.84%
GM growth 5Y1.63%
2. Health
2.1 Basic Checks
SHUR has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for SHUR has been increased compared to 1 year ago.
Compared to 5 years ago, SHUR has more shares outstanding
SHUR has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.59, we must say that SHUR is in the distress zone and has some risk of bankruptcy.
With an excellent Altman-Z score value of 1.59, SHUR belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
SHUR has a debt to FCF ratio of 7.64. This is a slightly negative value and a sign of low solvency as SHUR would need 7.64 years to pay back of all of its debts.
SHUR's Debt to FCF ratio of 7.64 is amongst the best of the industry. SHUR outperforms 100.00% of its industry peers.
A Debt/Equity ratio of 0.39 indicates that SHUR is not too dependend on debt financing.
The Debt to Equity ratio of SHUR (0.39) is better than 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.39 | ||
| Debt/FCF | 7.64 | ||
| Altman-Z | 1.59 |
ROIC/WACC0.39
WACC7.02%
2.3 Liquidity
SHUR has a Current Ratio of 0.97. This is a bad value and indicates that SHUR is not financially healthy enough and could expect problems in meeting its short term obligations.
SHUR has a better Current ratio (0.97) than 100.00% of its industry peers.
A Quick Ratio of 0.97 indicates that SHUR may have some problems paying its short term obligations.
SHUR's Quick ratio of 0.97 is amongst the best of the industry. SHUR outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.97 | ||
| Quick Ratio | 0.97 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 33.48% over the past year.
Measured over the past years, SHUR shows a quite strong growth in Earnings Per Share. The EPS has been growing by 19.71% on average per year.
The Revenue has grown by 18.04% in the past year. This is quite good.
SHUR shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.60% yearly.
EPS 1Y (TTM)33.48%
EPS 3Y-6.29%
EPS 5Y19.71%
EPS Q2Q%84.46%
Revenue 1Y (TTM)18.04%
Revenue growth 3Y10.61%
Revenue growth 5Y9.6%
Sales Q2Q%17.79%
3.2 Future
SHUR is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.39% yearly.
The Revenue is expected to grow by 6.31% on average over the next years.
EPS Next Y0.6%
EPS Next 2Y1.97%
EPS Next 3Y3.81%
EPS Next 5Y7.39%
Revenue Next Year15.6%
Revenue Next 2Y11.94%
Revenue Next 3Y10.6%
Revenue Next 5Y6.31%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
SHUR is valuated cheaply with a Price/Earnings ratio of 5.95.
Compared to the rest of the industry, the Price/Earnings ratio of SHUR indicates a rather cheap valuation: SHUR is cheaper than 100.00% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of SHUR to the average of the S&P500 Index (27.77), we can say SHUR is valued rather cheaply.
With a Price/Forward Earnings ratio of 18.52, SHUR is valued on the expensive side.
Based on the Price/Forward Earnings ratio, SHUR is valued cheaper than 100.00% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of SHUR to the average of the S&P500 Index (23.23), we can say SHUR is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.95 | ||
| Fwd PE | 18.52 |
4.2 Price Multiples
SHUR's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. SHUR is cheaper than 100.00% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, SHUR is valued cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.49 | ||
| EV/EBITDA | 19.6 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates SHUR does not grow enough to justify the current Price/Earnings ratio.
The excellent profitability rating of SHUR may justify a higher PE ratio.
PEG (NY)9.94
PEG (5Y)0.3
EPS Next 2Y1.97%
EPS Next 3Y3.81%
5. Dividend
5.1 Amount
SHUR has a Yearly Dividend Yield of 2.42%. Purely for dividend investing, there may be better candidates out there.
SHUR's Dividend Yield is rather good when compared to the industry average which is at 2.42. SHUR pays more dividend than 100.00% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.36, SHUR has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.42% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
SHUR pays out 4.88% of its income as dividend. This is a sustainable payout ratio.
DP4.88%
EPS Next 2Y1.97%
EPS Next 3Y3.81%
EBR:SHUR (10/22/2025, 1:48:40 PM)
34.15
+0.45 (+1.34%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Earnings (Last)
Earnings (Next)
Inst Owners53.61%
Inst Owner ChangeN/A
Ins Owners0.19%
Ins Owner ChangeN/A
Market Cap3.45B
Revenue(TTM)440.20M
Net Income(TTM)566.26M
Analysts73.04
Price Target40.58 (18.83%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.42% |
Yearly Dividend0.72
Dividend Growth(5Y)N/A
DP4.88%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-0.47%
PT rev (3m)-0.05%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.71%
EPS NY rev (3m)-1.56%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-2.38%
Revenue NY rev (3m)-1.66%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.95 | ||
| Fwd PE | 18.52 | ||
| P/S | 7.83 | ||
| P/FCF | 15.49 | ||
| P/OCF | 15.22 | ||
| P/B | 0.8 | ||
| P/tB | 0.8 | ||
| EV/EBITDA | 19.6 |
EPS(TTM)5.74
EY16.81%
EPS(NY)1.84
Fwd EY5.4%
FCF(TTM)2.2
FCFY6.45%
OCF(TTM)2.24
OCFY6.57%
SpS4.36
BVpS42.63
TBVpS42.5
PEG (NY)9.94
PEG (5Y)0.3
Graham Number74.2
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8% | ||
| ROE | 13.16% | ||
| ROCE | 3.61% | ||
| ROIC | 2.77% | ||
| ROICexc | 2.83% | ||
| ROICexgc | 2.84% | ||
| OM | 56.17% | ||
| PM (TTM) | 128.64% | ||
| GM | 69.39% | ||
| FCFM | 50.56% |
ROA(3y)9.46%
ROA(5y)9.59%
ROE(3y)14.96%
ROE(5y)15.36%
ROIC(3y)3.07%
ROIC(5y)3.25%
ROICexc(3y)3.17%
ROICexc(5y)3.38%
ROICexgc(3y)3.18%
ROICexgc(5y)3.38%
ROCE(3y)4%
ROCE(5y)4.23%
ROICexgc growth 3Y-6.48%
ROICexgc growth 5Y-6.53%
ROICexc growth 3Y-6.5%
ROICexc growth 5Y-6.54%
OM growth 3Y-0.61%
OM growth 5Y0.08%
PM growth 3Y-12.66%
PM growth 5Y11.28%
GM growth 3Y0.84%
GM growth 5Y1.63%
F-Score4
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.39 | ||
| Debt/FCF | 7.64 | ||
| Debt/EBITDA | 6.7 | ||
| Cap/Depr | 74.48% | ||
| Cap/Sales | 0.92% | ||
| Interest Coverage | 6.79 | ||
| Cash Conversion | 89.67% | ||
| Profit Quality | 39.3% | ||
| Current Ratio | 0.97 | ||
| Quick Ratio | 0.97 | ||
| Altman-Z | 1.59 |
F-Score4
WACC7.02%
ROIC/WACC0.39
Cap/Depr(3y)106.78%
Cap/Depr(5y)102.04%
Cap/Sales(3y)1%
Cap/Sales(5y)0.91%
Profit Quality(3y)39.01%
Profit Quality(5y)40.47%
High Growth Momentum
Growth
EPS 1Y (TTM)33.48%
EPS 3Y-6.29%
EPS 5Y19.71%
EPS Q2Q%84.46%
EPS Next Y0.6%
EPS Next 2Y1.97%
EPS Next 3Y3.81%
EPS Next 5Y7.39%
Revenue 1Y (TTM)18.04%
Revenue growth 3Y10.61%
Revenue growth 5Y9.6%
Sales Q2Q%17.79%
Revenue Next Year15.6%
Revenue Next 2Y11.94%
Revenue Next 3Y10.6%
Revenue Next 5Y6.31%
EBIT growth 1Y16.7%
EBIT growth 3Y9.93%
EBIT growth 5Y9.68%
EBIT Next Year-1.52%
EBIT Next 3Y4.73%
EBIT Next 5YN/A
FCF growth 1Y12.31%
FCF growth 3Y8.52%
FCF growth 5Y11.34%
OCF growth 1Y12.57%
OCF growth 3Y8.88%
OCF growth 5Y11.4%