SMARTSTOP SELF STORAGE REIT (SMA) Stock Fundamental Analysis
USA - NYSE:SMA - US83192D4025 - REIT
32.68 USD
-0.1 (-0.31%)
32.68 USD
0 (0%)
We assign a fundamental rating of 2 out of 10 to SMA. 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 quite expensive at the moment. It does show a decent growth rate.
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.
1.2 Ratios
Looking at the Return On Assets, with a value of -0.84%, SMA is doing worse than 70.00% of the companies in the same industry.
SMA's Return On Equity of -2.71% is on the low side compared to the rest of the industry. SMA is outperformed by 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.
SMA had an Average Return On Invested Capital over the past 3 years of 2.16%. This is below the industry average of 4.78%.
The 3 year average ROIC (2.16%) for SMA is below the current ROIC(2.89%), indicating increased profibility in the last year.
| Industry Rank | Sector 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%
1.3 Margins
The Operating Margin of SMA (29.30%) is comparable to the rest of the industry.
SMA's Operating Margin has improved in the last couple of years.
SMA has a Gross Margin (68.33%) which is comparable to the rest of the industry.
SMA's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector 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%
2. Health
2.1 Basic Checks
SMA has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
SMA has about the same amout of shares outstanding than it did 1 year ago.
SMA has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, SMA has a worse debt to assets ratio.
2.2 Solvency
SMA has an Altman-Z score of 0.64. This is a bad value and indicates that SMA is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.64, SMA is doing worse than 63.33% of the companies in the same industry.
The Debt to FCF ratio of SMA is 490.38, which is on the high side as it means it would take SMA, 490.38 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 490.38, SMA is not doing good in the industry: 60.00% 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.
With a Debt to Equity ratio value of 1.97, SMA is not doing good in the industry: 63.33% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.97 | ||
| Debt/FCF | 490.38 | ||
| Altman-Z | 0.64 |
ROIC/WACC0.38
WACC7.54%
2.3 Liquidity
SMA has a Current Ratio of 0.57. This is a bad value and indicates that SMA is not financially healthy enough and could expect problems in meeting its short term obligations.
SMA has a Current ratio of 0.57. This is in the lower half of the industry: SMA underperforms 63.33% of its industry peers.
A Quick Ratio of 0.57 indicates that SMA may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.57, SMA is doing worse than 63.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.57 | ||
| Quick Ratio | 0.57 |
3. Growth
3.1 Past
The earnings per share for SMA have decreased strongly by -390.94% in the last year.
Looking at the last year, SMA shows a small growth in Revenue. The Revenue has grown by 0.90% in the last year.
SMA shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 23.71% yearly.
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
SMA is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 60.46% yearly.
SMA is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.02% yearly.
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.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for SMA. In the last year negative earnings were reported.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SMA is valued a bit more expensive than 70.00% 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 63.33% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 752.99 | ||
| EV/EBITDA | 23.74 |
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%
5. Dividend
5.1 Amount
SMA has a Yearly Dividend Yield of 32.95%, which is a nice return.
Compared to an average industry Dividend Yield of 6.22, SMA pays a better dividend. On top of this SMA pays more dividend than 100.00% of the companies listed in the same industry.
SMA's Dividend Yield is rather good when compared to the S&P500 average which is at 2.36.
| Industry Rank | Sector 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
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%
32.68
-0.1 (-0.31%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Earnings (Last)
Earnings (Next)
Inst OwnersN/A
Inst Owner Change2.08%
Ins Owners0.89%
Ins Owner Change2.19%
Market Cap1.81B
Revenue(TTM)233.92M
Net Income(TTM)-16.23M
Analysts84.44
Price TargetN/A
Short Float %9.6%
Short Ratio3.36
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 32.95% |
Yearly Dividend0.55
Dividend Growth(5Y)N/A
DP-295.08%
Div Incr Years0
Div Non Decr Years0
Ex-Date
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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 7.75 | ||
| P/FCF | 752.99 | ||
| P/OCF | 31.29 | ||
| P/B | 3.03 | ||
| P/tB | 3.44 | ||
| EV/EBITDA | 23.74 |
EPS(TTM)-0.17
EYN/A
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.04
FCFY0.13%
OCF(TTM)1.04
OCFY3.2%
SpS4.22
BVpS10.8
TBVpS9.5
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector 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%
ROICexgc growth 3Y28.59%
ROICexgc 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 Rank | Sector 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 | 0.64 |
F-Score3
WACC7.54%
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%
SMARTSTOP SELF STORAGE REIT / SMA FAQ
What is the fundamental rating for SMA stock?
ChartMill assigns a fundamental rating of 2 / 10 to SMA.
What is the valuation status of SMARTSTOP SELF STORAGE REIT (SMA) stock?
ChartMill assigns a valuation rating of 1 / 10 to SMARTSTOP SELF STORAGE REIT (SMA). This can be considered as Overvalued.
How profitable is SMARTSTOP SELF STORAGE REIT (SMA) stock?
SMARTSTOP SELF STORAGE REIT (SMA) has a profitability rating of 3 / 10.
How financially healthy is SMARTSTOP SELF STORAGE REIT?
The financial health rating of SMARTSTOP SELF STORAGE REIT (SMA) is 0 / 10.