CUBE CubeSmart

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

Price (delayed)

$41.98

Market cap

$9.44B

P/E Ratio

23.07

Dividend/share

$2

EPS

$1.82

Enterprise value

$12.42B

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
CubeSmart's net income has increased by 41% YoY and by 8% from the previous quarter
The company's EPS rose by 41% YoY and by 8% QoQ
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
224.95M
Market cap
$9.44B
Enterprise value
$12.42B
Valuations
Price to earnings (P/E)
23.07
Price to book (P/B)
3.37
Price to sales (P/S)
9.01
EV/EBIT
24.66
EV/EBITDA
17.52
EV/Sales
11.83
Earnings
Revenue
$1.05B
EBIT
$503.82M
EBITDA
$709.2M
Free cash flow
$501.57M
Per share
EPS
$1.82
Free cash flow per share
$2.23
Book value per share
$12.45
Revenue per share
$4.66
TBVPS
$27.61
Balance sheet
Total assets
$6.23B
Total liabilities
$3.34B
Debt
$2.99B
Equity
$2.8B
Working capital
N/A
Liquidity
Debt to equity
1.07
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
4.2
Margins
EBITDA margin
67.5%
Gross margin
71.9%
Net margin
39.1%
Operating margin
47.3%
Efficiency
Return on assets
6.6%
Return on equity
14.7%
Return on invested capital
5.4%
Return on capital employed
N/A
Return on sales
48%
Dividend
Dividend yield
4.76%
DPS
$2
Payout ratio
109.9%

CUBE stock price

How has the CubeSmart stock price performed over time
Intraday
0.29%
1 week
-4.2%
1 month
-1.73%
1 year
-9.15%
YTD
-9.43%
QTD
-7.16%

Financial performance

How have CubeSmart's revenue and profit performed over time
Revenue
$1.05B
Gross profit
$755.55M
Operating income
$497.28M
Net income
$410.76M
Gross margin
71.9%
Net margin
39.1%
The operating income has increased by 42% YoY and by 4.9% QoQ
CubeSmart's net income has increased by 41% YoY and by 8% from the previous quarter
The operating margin has grown by 36% YoY and by 4.4% from the previous quarter
The net margin is up by 36% year-on-year and by 8% since the previous quarter

Growth

What is CubeSmart's growth rate over time

Valuation

What is CubeSmart stock price valuation
CUBE P/E details
P/E
23.07
P/B
3.37
P/S
9.01
EV/EBIT
24.66
EV/EBITDA
17.52
EV/Sales
11.83
The company's EPS rose by 41% YoY and by 8% QoQ
The price to earnings (P/E) is 38% lower than the 5-year quarterly average of 36.8 and 12% lower than the last 4 quarters average of 26.0
CUBE's price to book (P/B) is 9% lower than its 5-year quarterly average of 3.7 and 4% lower than its last 4 quarters average of 3.5
CUBE's P/S is 13% lower than its 5-year quarterly average of 10.3 and 5% lower than its last 4 quarters average of 9.5
The revenue is up by 4% year-on-year

Efficiency

How efficient is CubeSmart business performance
CubeSmart's return on assets has increased by 43% YoY and by 10% QoQ
The company's return on equity rose by 43% YoY and by 9% QoQ
The company's return on invested capital rose by 35% YoY and by 6% QoQ
The company's return on sales rose by 26% YoY and by 6% QoQ

Dividends

What is CUBE's dividend history
Dividend details
DPS
$2
Dividend yield
4.76%
Payout ratio
109.9%
Recent dividends

Financial health

How did CubeSmart financials performed over time
CUBE's total assets is 86% greater than its total liabilities
The total liabilities has contracted by 2.4% YoY
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.