CUBE CubeSmart

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

Price (delayed)

$43.52

Market cap

$9.77B

P/E Ratio

41.45

Dividend/share

$1.54

EPS

$1.05

Enterprise value

$12.94B

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
CUBE's equity has soared by 52% year-on-year
CubeSmart's net income has increased by 30% YoY
The company's EPS rose by 22% YoY but it fell by 4.5% QoQ
The price to earnings (P/E) is 16% lower than the last 4 quarters average of 49.3 but 5% higher than the 5-year quarterly average of 39.3
The debt is up by 37% year-on-year
Sector: Real Estate
Industry: REIT - Industrial
Website: http://www.cubesmart.com
Peers: PSA SHO ACC CCI

Key stats

What are the main financial stats of CUBE
Market
Shares outstanding
224.44M
Market cap
$9.77B
Enterprise value
$12.94B
Valuations
Price to earnings (P/E)
41.45
Price to book (P/B)
3.42
Price to sales (P/S)
11.21
EV/EBIT
42.87
EV/EBITDA
22.68
EV/Sales
14.84
Earnings
Revenue
$872.29M
EBIT
$301.94M
EBITDA
$570.83M
Free cash flow
$276.44M
Per share
EPS
$1.05
Free cash flow per share
$1.23
Book value per share
$12.71
Revenue per share
$3.88
TBVPS
$28.76
Balance sheet
Total assets
$6.46B
Total liabilities
$3.52B
Debt
$3.19B
Equity
$2.85B
Working capital
N/A
Liquidity
Debt to equity
1.12
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.56
Margins
EBITDA margin
65.4%
Gross margin
70%
Net margin
25.2%
Operating margin
34.2%
Efficiency
Return on assets
3.9%
Return on equity
9.3%
Return on invested capital
3.6%
Return on capital employed
N/A
Return on sales
34.6%
Dividend
Dividend yield
3.54%
DPS
$1.54
Payout ratio
146.7%

CUBE stock price

How has the CubeSmart stock price performed over time
Intraday
3.89%
1 week
8.8%
1 month
1.8%
1 year
-7.17%
YTD
-23.53%
QTD
-16.36%

Financial performance

How have CubeSmart's revenue and profit performed over time
Revenue
$872.29M
Gross profit
$610.85M
Operating income
$298.63M
Net income
$219.91M
Gross margin
70%
Net margin
25.2%
CubeSmart's net income has increased by 30% YoY
CUBE's gross profit is up by 29% year-on-year and by 7% since the previous quarter
The revenue is up by 24% year-on-year and by 6% since the previous quarter
The operating income has increased by 13% YoY and by 2.8% QoQ

Growth

What is CubeSmart's growth rate over time

Valuation

What is CubeSmart stock price valuation
P/E
41.45
P/B
3.42
P/S
11.21
EV/EBIT
42.87
EV/EBITDA
22.68
EV/Sales
14.84
The company's EPS rose by 22% YoY but it fell by 4.5% QoQ
The price to earnings (P/E) is 16% lower than the last 4 quarters average of 49.3 but 5% higher than the 5-year quarterly average of 39.3
CUBE's equity has soared by 52% year-on-year
CUBE's price to book (P/B) is 26% lower than its last 4 quarters average of 4.6 and 5% lower than its 5-year quarterly average of 3.6
The revenue is up by 24% year-on-year and by 6% since the previous quarter
CUBE's P/S is 15% lower than its last 4 quarters average of 13.2 but 11% higher than its 5-year quarterly average of 10.1

Efficiency

How efficient is CubeSmart business performance
The company's return on equity fell by 11% QoQ
CubeSmart's return on assets has decreased by 9% QoQ
The company's return on invested capital fell by 8% QoQ and by 5% YoY
The company's return on sales fell by 6% QoQ

Dividends

What is CUBE's dividend history
Dividend details
DPS
$1.54
Dividend yield
3.54%
Payout ratio
146.7%
Recent dividends

Financial health

How did CubeSmart financials performed over time
CUBE's total assets is 83% greater than its total liabilities
CUBE's total assets is up by 36% year-on-year
The total liabilities has grown by 36% YoY
The debt is 12% greater than the equity
CUBE's equity has soared by 52% year-on-year
The debt is up by 37% year-on-year

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