Logo image of SMA

SMARTSTOP SELF STORAGE REIT (SMA) Stock Fundamental Analysis

USA - NYSE:SMA - US83192D4025 - REIT

36.67 USD
+0.09 (+0.25%)
Last: 10/17/2025, 8:04:01 PM
36.67 USD
0 (0%)
After Hours: 10/17/2025, 8:04:01 PM
Fundamental Rating

2

Taking everything into account, SMA scores 2 out of 10 in our fundamental rating. SMA was compared to 30 industry peers in the Specialized REITs industry. SMA may be in some trouble as it scores bad on both profitability and health. SMA is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

Quickly go to:

3

1. Profitability

1.1 Basic Checks

In the past year SMA has reported negative net income.
In the past year SMA had a positive cash flow from operations.
In the past 5 years SMA reported 4 times negative net income.
In the past 5 years SMA always reported a positive cash flow from operatings.
SMA Yearly Net Income VS EBIT VS OCF VS FCFSMA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 -100M -200M -300M -400M -500M

1.2 Ratios

The Return On Assets of SMA (-0.84%) is worse than 70.00% of its industry peers.
SMA has a worse Return On Equity (-2.71%) than 76.67% of its industry peers.
Looking at the Return On Invested Capital, with a value of 2.89%, SMA is doing worse than 63.33% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for SMA is below the industry average of 4.79%.
The 3 year average ROIC (2.16%) for SMA is below the current ROIC(2.89%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA -0.84%
ROE -2.71%
ROIC 2.89%
ROA(3y)-0.56%
ROA(5y)-1.56%
ROE(3y)-1.49%
ROE(5y)-4.45%
ROIC(3y)2.16%
ROIC(5y)1.66%
SMA Yearly ROA, ROE, ROICSMA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 -5 -10

1.3 Margins

The Operating Margin of SMA (29.30%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of SMA has grown nicely.
With a Gross Margin value of 68.33%, SMA perfoms like the industry average, outperforming 43.33% of the companies in the same industry.
SMA's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 29.3%
PM (TTM) N/A
GM 68.33%
OM growth 3Y21.33%
OM growth 5Y7.15%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.07%
GM growth 5Y4.65%
SMA Yearly Profit, Operating, Gross MarginsSMA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 50 -50

More info and screens

0

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SMA is destroying value.
Compared to 1 year ago, SMA has about the same amount of shares outstanding.
The number of shares outstanding for SMA has been increased compared to 5 years ago.
Compared to 1 year ago, SMA has a worse debt to assets ratio.
SMA Yearly Shares OutstandingSMA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 20M 40M 60M 80M
SMA Yearly Total Debt VS Total AssetsSMA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 500M 1B 1.5B

2.2 Solvency

Based on the Altman-Z score of 0.73, we must say that SMA is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.73, SMA is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
SMA has a debt to FCF ratio of 490.38. This is a negative value and a sign of low solvency as SMA would need 490.38 years to pay back of all of its debts.
With a Debt to FCF ratio value of 490.38, SMA is not doing good in the industry: 76.67% of the companies in the same industry are doing better.
SMA has a Debt/Equity ratio of 1.97. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.97, SMA is doing worse than 63.33% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 1.97
Debt/FCF 490.38
Altman-Z 0.73
ROIC/WACC0.38
WACC7.58%
SMA Yearly LT Debt VS Equity VS FCFSMA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 500M -500M 1B

2.3 Liquidity

A Current Ratio of 0.57 indicates that SMA may have some problems paying its short term obligations.
With a Current ratio value of 0.57, SMA is not doing good in the industry: 63.33% of the companies in the same industry are doing better.
A Quick Ratio of 0.57 indicates that SMA may have some problems paying its short term obligations.
SMA's Quick ratio of 0.57 is on the low side compared to the rest of the industry. SMA is outperformed by 63.33% of its industry peers.
Industry RankSector Rank
Current Ratio 0.57
Quick Ratio 0.57
SMA Yearly Current Assets VS Current LiabilitesSMA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 20M 40M 60M

More info and screens

5

3. Growth

3.1 Past

SMA shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -390.94%.
The Revenue has been growing slightly by 0.90% in the past year.
Measured over the past years, SMA shows a very strong growth in Revenue. The Revenue has been growing by 23.71% on average per year.
EPS 1Y (TTM)-390.94%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-774.67%
Revenue 1Y (TTM)0.9%
Revenue growth 3Y23.4%
Revenue growth 5Y23.71%
Sales Q2Q%2.47%

3.2 Future

Based on estimates for the next years, SMA will show a very strong growth in Earnings Per Share. The EPS will grow by 60.46% on average per year.
The Revenue is expected to grow by 10.02% on average over the next years. This is quite good.
EPS Next YN/A
EPS Next 2Y-63.92%
EPS Next 3Y155.41%
EPS Next 5Y60.46%
Revenue Next YearN/A
Revenue Next 2Y7.6%
Revenue Next 3Y7.58%
Revenue Next 5Y10.02%

3.3 Evolution

Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
SMA Yearly Revenue VS EstimatesSMA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2025 2026 2027 2028 2029 2030 100M 200M 300M 400M
SMA Yearly EPS VS EstimatesSMA Yearly EPS VS EstimatesYearly EPS VS Estimates 2025 2026 2027 2028 2029 2030 0 0.1 0.2 0.3 0.4

More info and screens

1

4. Valuation

4.1 Price/Earnings Ratio

SMA reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
SMA Price Earnings VS Forward Price EarningsSMA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0 0 0 0 0 0 0

4.2 Price Multiples

SMA's Enterprise Value to EBITDA ratio is rather expensive when compared to the industry. SMA is more expensive than 80.00% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, SMA is valued a bit more expensive than the industry average as 73.33% of the companies are valued more cheaply.
Industry RankSector Rank
P/FCF 844.93
EV/EBITDA 25.46
SMA Per share dataSMA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4 6 8 10

4.3 Compensation for Growth

A more expensive valuation may be justified as SMA's earnings are expected to grow with 155.41% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-63.92%
EPS Next 3Y155.41%

More info and screens

4

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 32.95%, SMA is a good candidate for dividend investing.
SMA's Dividend Yield is rather good when compared to the industry average which is at 5.76. SMA pays more dividend than 100.00% of the companies in the same industry.
SMA's Dividend Yield is rather good when compared to the S&P500 average which is at 2.36.
Industry RankSector Rank
Dividend Yield 32.95%

5.2 History

SMA does not have a reliable dividend history as it only pays dividend since a couple or years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
SMA Yearly Dividends per shareSMA Yearly Dividends per shareYearly Dividends per share 2025 0.2 0.4 0.6 0.8 1

5.3 Sustainability

SMA has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-295.08%
EPS Next 2Y-63.92%
EPS Next 3Y155.41%
SMA Yearly Income VS Free CF VS DividendSMA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 -100M -200M -300M -400M -500M

More info and screens

SMARTSTOP SELF STORAGE REIT

NYSE:SMA (10/17/2025, 8:04:01 PM)

After market: 36.67 0 (0%)

36.67

+0.09 (+0.25%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Earnings (Last)08-06 2025-08-06/amc
Earnings (Next)11-05 2025-11-05
Inst OwnersN/A
Inst Owner Change0.11%
Ins Owners0.89%
Ins Owner Change2.19%
Market Cap2.03B
Analysts85.56
Price TargetN/A
Short Float %9.26%
Short Ratio4.08
Dividend
Industry RankSector Rank
Dividend Yield 32.95%
Yearly Dividend0.55
Dividend Growth(5Y)N/A
DP-295.08%
Div Incr Years0
Div Non Decr Years0
Ex-Date10-31 2025-10-31 (0.13589041)
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)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 8.69
P/FCF 844.93
P/OCF 35.11
P/B 3.4
P/tB 3.86
EV/EBITDA 25.46
EPS(TTM)-0.17
EYN/A
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.04
FCFY0.12%
OCF(TTM)1.04
OCFY2.85%
SpS4.22
BVpS10.8
TBVpS9.5
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -0.84%
ROE -2.71%
ROCE 3.66%
ROIC 2.89%
ROICexc 2.95%
ROICexgc 3.12%
OM 29.3%
PM (TTM) N/A
GM 68.33%
FCFM 1.03%
ROA(3y)-0.56%
ROA(5y)-1.56%
ROE(3y)-1.49%
ROE(5y)-4.45%
ROIC(3y)2.16%
ROIC(5y)1.66%
ROICexc(3y)2.21%
ROICexc(5y)1.71%
ROICexgc(3y)2.35%
ROICexgc(5y)1.83%
ROCE(3y)2.73%
ROCE(5y)2.1%
ROICexcg growth 3Y28.59%
ROICexcg growth 5Y12.51%
ROICexc growth 3Y29.75%
ROICexc growth 5Y11.8%
OM growth 3Y21.33%
OM growth 5Y7.15%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.07%
GM growth 5Y4.65%
F-Score3
Asset Turnover0.12
Health
Industry RankSector Rank
Debt/Equity 1.97
Debt/FCF 490.38
Debt/EBITDA 9.46
Cap/Depr 98.77%
Cap/Sales 23.72%
Interest Coverage 1.09
Cash Conversion 46.42%
Profit Quality N/A
Current Ratio 0.57
Quick Ratio 0.57
Altman-Z 0.73
F-Score3
WACC7.58%
ROIC/WACC0.38
Cap/Depr(3y)106.66%
Cap/Depr(5y)81.97%
Cap/Sales(3y)32.33%
Cap/Sales(5y)25.87%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-390.94%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-774.67%
EPS Next YN/A
EPS Next 2Y-63.92%
EPS Next 3Y155.41%
EPS Next 5Y60.46%
Revenue 1Y (TTM)0.9%
Revenue growth 3Y23.4%
Revenue growth 5Y23.71%
Sales Q2Q%2.47%
Revenue Next YearN/A
Revenue Next 2Y7.6%
Revenue Next 3Y7.58%
Revenue Next 5Y10.02%
EBIT growth 1Y-2.4%
EBIT growth 3Y49.72%
EBIT growth 5Y32.56%
EBIT Next YearN/A
EBIT Next 3Y37.01%
EBIT Next 5Y31.54%
FCF growth 1Y112%
FCF growth 3Y61.16%
FCF growth 5Y23.38%
OCF growth 1Y-32.53%
OCF growth 3Y39.83%
OCF growth 5Y31.86%