CUBE CubeSmart

  1. Stocks
  2. Real Estate
  3. NYSE: CUBE

Price (delayed)

$34.97

Market cap

$6.83B

P/E Ratio

40.66

Dividend/share

$1.33

EPS

$0.86

Enterprise value

$8.79B

Sector: Real Estate
Industry: REIT - Industrial

Highlights

The revenue is up by 5% year-on-year
CUBE's gross profit is up by 3.6% year-on-year
The price to earnings (P/E) is 21% higher than the last 4 quarters average of 33.7 but 3.6% lower than the 5-year quarterly average of 42.2
The company's EPS fell by 8% YoY but it rose by 2.4% QoQ
The debt is up by 8% year-on-year
CUBE's equity is down by 4.3% year-on-year

Key stats

What are the main financial stats of CUBE
Market
Shares outstanding
195.27M
Market cap
$6.83B
Enterprise value
$8.79B
Valuations
Price to earnings (P/E)
40.66
Price to book (P/B)
3.9
Price to sales (P/S)
10.17
EV/EBIT
36.57
EV/EBITDA
21.8
EV/Sales
13.2
Earnings
Revenue
$665.9M
EBIT
$240.37M
EBITDA
$403.25M
Free cash flow
$112.38M
Per share
EPS
$0.86
Free cash flow per share
$0.58
Book value per share
$8.96
Revenue per share
$3.44
TBVPS
$20.79
Balance sheet
Total assets
$4.03B
Total liabilities
$2.21B
Debt
$1.97B
Equity
$1.74B
Working capital
N/A
Liquidity
Debt to equity
1.13
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
4.86
Margins
EBITDA margin
60.6%
Gross margin
66.5%
Net margin
24.8%
Operating margin
36.6%
Efficiency
Return on assets
4.1%
Return on equity
9.3%
Return on invested capital
4%
Return on capital employed
N/A
Return on sales
36.1%
Dividend
Dividend yield
3.8%
DPS
$1.33
Payout ratio
154.7%

CUBE stock price

How has the CubeSmart stock price performed over time
Intraday
0.52%
1 week
1.54%
1 month
3%
1 year
11.94%
YTD
4.05%
QTD
4.05%

Financial performance

How have CubeSmart's revenue and profit performed over time
Revenue
$665.9M
Gross profit
$442.98M
Operating income
$243.4M
Net income
$165.34M
Gross margin
66.5%
Net margin
24.8%
The net margin has declined by 10% year-on-year but it is up by 2.1% since the previous quarter
The operating income has increased by 7% YoY and by 3.2% QoQ
CubeSmart's net income has decreased by 6% YoY but it has increased by 2.9% from the previous quarter
The revenue is up by 5% year-on-year

Growth

What is CubeSmart's growth rate over time

Valuation

What is CubeSmart stock price valuation
P/E
40.66
P/B
3.9
P/S
10.17
EV/EBIT
36.57
EV/EBITDA
21.8
EV/Sales
13.2
The price to earnings (P/E) is 21% higher than the last 4 quarters average of 33.7 but 3.6% lower than the 5-year quarterly average of 42.2
The company's EPS fell by 8% YoY but it rose by 2.4% QoQ
CUBE's price to book (P/B) is 22% higher than its 5-year quarterly average of 3.2 and 22% higher than its last 4 quarters average of 3.2
CUBE's equity is down by 4.3% year-on-year
CUBE's P/S is 18% higher than its last 4 quarters average of 8.6 and 7% higher than its 5-year quarterly average of 9.5
The revenue is up by 5% year-on-year

Efficiency

How efficient is CubeSmart business performance
CubeSmart's return on assets has decreased by 9% YoY but it has increased by 2.5% QoQ
The company's return on equity fell by 7% YoY but it rose by 3.3% QoQ
The company's return on invested capital fell by 7% YoY
The company's return on sales fell by 7% YoY

Dividends

What is CUBE's dividend history
DPS
$1.33
Dividend yield
3.8%
Payout ratio
154.7%
Recent dividends

Financial health

How did CubeSmart financials performed over time
CUBE's total assets is 82% greater than its total liabilities
The debt is 13% greater than the equity

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.