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CUBE CubeSmart
- Stocks
- Real Estate
- NYSE: CUBE
Price (delayed)
$43.34
Market cap
$9.88B
P/E Ratio
25.35
Dividend/share
$2.07
EPS
$1.71
Enterprise value
$13.3B
CubeSmart is a self-administered and self-managed real estate investment trust. CubeSmart owns or manages 1,238 self-storage properties across the United States. According to the 2020 Self Storage Almanac, CubeSmart is
Highlights
The price to earnings (P/E) is 27% lower than the 5-year quarterly average of 34.7 and 3.2% lower than the last 4 quarters average of 26.2
CUBE's equity is up by 2.2% year-on-year
The debt is up by 15% year-on-year and by 13% since the previous quarter
The company's EPS fell by 6% YoY
Key stats
What are the main financial stats of CUBE
Market
Valuations
Earnings
Shares outstanding
227.95M
Market cap
$9.88B
Enterprise value
$13.3B
Price to earnings (P/E)
25.35
Price to book (P/B)
3.47
Price to sales (P/S)
9.19
EV/EBIT
27.71
EV/EBITDA
19.05
EV/Sales
12.34
Revenue
$1.08B
Gross profit
$754.21M
Operating income
$479.97M
Net income
$385.85M
EBIT
$479.85M
EBITDA
$698.25M
Free cash flow
$529.83M
Per share
Balance sheet
Liquidity
EPS
$1.71
EPS diluted
$1.68
Free cash flow per share
$2.32
Book value per share
$12.48
Revenue per share
$4.71
TBVPS
$29.48
Total assets
$6.74B
Total liabilities
$3.82B
Debt
$3.44B
Equity
$2.84B
Working capital
N/A
Debt to equity
1.21
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
4.9
Margins
Efficiency
Dividend
EBITDA margin
64.8%
Gross margin
70%
Net margin
35.8%
Operating margin
44.5%
Return on assets
6%
Return on equity
13.7%
Return on invested capital
5.1%
Return on capital employed
N/A
Return on sales
44.5%
Dividend yield
4.78%
DPS
$2.07
Payout ratio
121.1%
CUBE stock price
How has the CubeSmart stock price performed over time
Intraday
0.74%
1 week
2.51%
1 month
1.74%
1 year
-2.06%
YTD
1.14%
QTD
1.98%
Financial performance
How have CubeSmart's revenue and profit performed over time
Revenue
$1.08B
Gross profit
$754.21M
Operating income
$479.97M
Net income
$385.85M
Gross margin
70%
Net margin
35.8%
The net margin has declined by 7% year-on-year and by 2.5% since the previous quarter
The operating margin has contracted by 5% YoY
CubeSmart's net income has decreased by 5% YoY
The operating income has decreased by 3% YoY
Price vs fundamentals
How does CUBE's price correlate with its fundamentals
Growth
What is CubeSmart's growth rate over time
Valuation
What is CubeSmart stock price valuation
P/E
25.35
P/B
3.47
P/S
9.19
EV/EBIT
27.71
EV/EBITDA
19.05
EV/Sales
12.34
The price to earnings (P/E) is 27% lower than the 5-year quarterly average of 34.7 and 3.2% lower than the last 4 quarters average of 26.2
The company's EPS fell by 6% YoY
CUBE's price to book (P/B) is 9% lower than its 5-year quarterly average of 3.8 and 6% lower than its last 4 quarters average of 3.7
CUBE's equity is up by 2.2% year-on-year
CUBE's P/S is 12% lower than its 5-year quarterly average of 10.4 and 6% lower than its last 4 quarters average of 9.8
The revenue is up by 2.1% year-on-year
Efficiency
How efficient is CubeSmart business performance
CubeSmart's return on assets has decreased by 8% YoY and by 4.8% QoQ
The company's return on equity fell by 6% YoY and by 2.1% QoQ
The company's return on invested capital fell by 6% YoY
The company's return on sales fell by 6% YoY
Dividends
What is CUBE's dividend history
DPS
$2.07
Dividend yield
4.78%
Payout ratio
121.1%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did CubeSmart financials performed over time
CUBE's total assets is 77% greater than its total liabilities
The total liabilities has grown by 14% YoY and by 11% from the previous quarter
CUBE's total assets is up by 9% year-on-year and by 5% since the previous quarter
The debt is 21% greater than the equity
The debt is up by 15% year-on-year and by 13% since the previous quarter
CubeSmart's debt to equity has increased by 14% QoQ and by 13% YoY
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.