CUBE CubeSmart

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

Price (delayed)

$47.64

Market cap

$10.72B

P/E Ratio

26.32

Dividend/share

$2.02

EPS

$1.81

Enterprise value

$13.7B

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 company's EPS rose by 17% YoY
CubeSmart's net income has increased by 16% YoY
The price to earnings (P/E) is 28% lower than the 5-year quarterly average of 36.2 but 4.7% higher than the last 4 quarters average of 24.8
Sector: Real Estate
Industry: REIT - Industrial
Website: http://www.cubesmart.com
Peers: PSA CCI SHO COR

Key stats

What are the main financial stats of CUBE
Market
Shares outstanding
224.97M
Market cap
$10.72B
Enterprise value
$13.7B
Valuations
Price to earnings (P/E)
26.32
Price to book (P/B)
3.85
Price to sales (P/S)
10.19
EV/EBIT
27.4
EV/EBITDA
19.41
EV/Sales
12.98
Earnings
Revenue
$1.06B
EBIT
$500.01M
EBITDA
$705.77M
Free cash flow
$509.53M
Per share
EPS
$1.81
Free cash flow per share
$2.26
Book value per share
$12.37
Revenue per share
$4.67
TBVPS
$27.5
Balance sheet
Total assets
$6.21B
Total liabilities
$3.35B
Debt
$2.99B
Equity
$2.78B
Working capital
N/A
Liquidity
Debt to equity
1.07
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
4.22
Margins
EBITDA margin
66.9%
Gross margin
71.5%
Net margin
38.6%
Operating margin
46.9%
Efficiency
Return on assets
6.5%
Return on equity
14.6%
Return on invested capital
5.4%
Return on capital employed
N/A
Return on sales
47.4%
Dividend
Dividend yield
4.24%
DPS
$2.02
Payout ratio
111.6%

CUBE stock price

How has the CubeSmart stock price performed over time
Intraday
1.34%
1 week
-0.56%
1 month
6.1%
1 year
7.37%
YTD
2.78%
QTD
5.47%

Financial performance

How have CubeSmart's revenue and profit performed over time
Revenue
$1.06B
Gross profit
$754.52M
Operating income
$494.9M
Net income
$407.72M
Gross margin
71.5%
Net margin
38.6%
The operating income has increased by 24% YoY
The operating margin has grown by 20% YoY
CubeSmart's net income has increased by 16% YoY
The net margin is up by 13% year-on-year

Growth

What is CubeSmart's growth rate over time

Valuation

What is CubeSmart stock price valuation
CUBE P/E details
P/E
26.32
P/B
3.85
P/S
10.19
EV/EBIT
27.4
EV/EBITDA
19.41
EV/Sales
12.98
The price to earnings (P/E) is 28% lower than the 5-year quarterly average of 36.2 but 4.7% higher than the last 4 quarters average of 24.8
The company's EPS rose by 17% YoY
CUBE's price to book (P/B) is 9% higher than its last 4 quarters average of 3.5 and 2.7% higher than its 5-year quarterly average of 3.7
CUBE's P/S is 7% higher than its last 4 quarters average of 9.4
The revenue is up by 2.7% year-on-year

Efficiency

How efficient is CubeSmart business performance
The company's return on equity rose by 18% YoY
CubeSmart's return on assets has increased by 18% YoY
The company's return on invested capital rose by 15% YoY
The company's return on sales rose by 9% YoY

Dividends

What is CUBE's dividend history
Dividend details
DPS
$2.02
Dividend yield
4.24%
Payout ratio
111.6%
Recent dividends

Financial health

How did CubeSmart financials performed over time
CUBE's total assets is 86% greater than its total liabilities
The debt is 7% greater than the equity
The debt has declined by 2.4% year-on-year

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