CUBE CubeSmart

Price (delayed)

$52.58

Market cap

$10.61B

P/E Ratio

58.42

Dividend/share

$1.35

EPS

$0.9

Enterprise value

$12.89B

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 gross profit is up by 14% year-on-year and by 6% since the previous quarter
CubeSmart's net income has increased by 12% YoY and by 6% from the previous quarter
The price to earnings (P/E) is 46% higher than the 5-year quarterly average of 40.1 and 36% higher than the last 4 quarters average of 43.1
The debt is up by 18% year-on-year

Key stats

What are the main financial stats of CUBE
Market
Shares outstanding
201.77M
Market cap
$10.61B
Enterprise value
$12.89B
Valuations
Price to earnings (P/E)
58.42
Price to book (P/B)
5.74
Price to sales (P/S)
14.32
EV/EBIT
50.26
EV/EBITDA
29.07
EV/Sales
17.44
Earnings
Revenue
$739.39M
EBIT
$256.56M
EBITDA
$443.56M
Free cash flow
-$92.1M
Per share
EPS
$0.9
Free cash flow per share
-$0.46
Book value per share
$9.16
Revenue per share
$3.67
TBVPS
$23.69
Balance sheet
Total assets
$4.77B
Total liabilities
$2.57B
Debt
$2.29B
Equity
$1.85B
Working capital
N/A
Liquidity
Debt to equity
1.24
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.15
Margins
EBITDA margin
60%
Gross margin
67.9%
Net margin
24.3%
Operating margin
37.1%
Efficiency
Return on assets
3.9%
Return on equity
9.9%
Return on invested capital
3.8%
Return on capital employed
N/A
Return on sales
34.7%
Dividend
Dividend yield
2.57%
DPS
$1.35
Payout ratio
150%

CUBE stock price

How has the CubeSmart stock price performed over time
Intraday
-0.47%
1 week
-1.31%
1 month
3.48%
1 year
60.4%
YTD
56.44%
QTD
13.51%

Financial performance

How have CubeSmart's revenue and profit performed over time
Revenue
$739.39M
Gross profit
$501.86M
Operating income
$274.08M
Net income
$179.7M
Gross margin
67.9%
Net margin
24.3%
The operating income has increased by 16% YoY and by 4.1% QoQ
CUBE's gross profit is up by 14% year-on-year and by 6% since the previous quarter
CubeSmart's net income has increased by 12% YoY and by 6% from the previous quarter
The revenue is up by 12% year-on-year and by 5% since the previous quarter

Growth

What is CubeSmart's growth rate over time

Valuation

What is CubeSmart stock price valuation
P/E
58.42
P/B
5.74
P/S
14.32
EV/EBIT
50.26
EV/EBITDA
29.07
EV/Sales
17.44
The price to earnings (P/E) is 46% higher than the 5-year quarterly average of 40.1 and 36% higher than the last 4 quarters average of 43.1
The company's EPS rose by 7% YoY and by 4.7% QoQ
CUBE's price to book (P/B) is 74% higher than its 5-year quarterly average of 3.3 and 40% higher than its last 4 quarters average of 4.1
CUBE's equity is up by 4.9% year-on-year
CUBE's P/S is 51% higher than its 5-year quarterly average of 9.5 and 35% higher than its last 4 quarters average of 10.6
The revenue is up by 12% year-on-year and by 5% since the previous quarter

Efficiency

How efficient is CubeSmart business performance
The company's return on equity rose by 10% YoY and by 5% QoQ
The company's return on invested capital fell by 5% YoY
The company's return on sales fell by 2.5% YoY
CubeSmart's return on assets has decreased by 2.5% YoY

Dividends

What is CUBE's dividend history
DPS
$1.35
Dividend yield
2.57%
Payout ratio
150%
Recent dividends

Financial health

How did CubeSmart financials performed over time
CUBE's total assets is 85% greater than its total liabilities
CUBE's total assets is up by 19% year-on-year
The total liabilities has grown by 17% YoY
The debt is 24% greater than the equity
The debt is up by 18% year-on-year
CubeSmart's debt to equity has increased by 12% YoY

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