CubeSmart Statistics
Share Statistics
CubeSmart has 226.15M shares outstanding. The number of shares has increased by 0.17% in one year.
| Shares Outstanding | 226.15M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | 0.1% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 224.18M |
| Failed to Deliver (FTD) Shares | 22 |
| FTD / Avg. Volume | 0% |
Short Selling Information
The latest short interest is 4.13M, so 1.83% of the outstanding shares have been sold short.
| Short Interest | 4.13M |
| Short % of Shares Out | 1.83% |
| Short % of Float | 1.84% |
| Short Ratio (days to cover) | 2.92 |
Valuation Ratios
The PE ratio is 25.44 and the forward PE ratio is 26.85. CubeSmart's PEG ratio is 46.3.
| PE Ratio | 25.44 |
| Forward PE | 26.85 |
| PS Ratio | 9.95 |
| Forward PS | 9.5 |
| PB Ratio | 3.73 |
| P/FCF Ratio | 17.1 |
| PEG Ratio | 46.3 |
Enterprise Valuation
CubeSmart has an Enterprise Value (EV) of 13.48B.
| EV / Earnings | 32.82 |
| EV / Sales | 12.83 |
| EV / EBITDA | 19.17 |
| EV / EBIT | 19.17 |
| EV / FCF | 22.06 |
Financial Position
The company has a current ratio of 0.31, with a Debt / Equity ratio of 1.03.
| Current Ratio | 0.31 |
| Quick Ratio | 0.31 |
| Debt / Equity | 1.03 |
| Total Debt / Capitalization | 50.81 |
| Cash Flow / Debt | 0.21 |
| Interest Coverage | 7.23 |
Financial Efficiency
Return on equity (ROE) is 0.15% and return on capital (ROIC) is 11.98%.
| Return on Equity (ROE) | 0.15% |
| Return on Assets (ROA) | 0.07% |
| Return on Capital (ROIC) | 11.98% |
| Revenue Per Employee | 345.50K |
| Profits Per Employee | 135.12K |
| Employee Count | 3.04K |
| Asset Turnover | 0.17 |
| Inventory Turnover | 0 |
Taxes
| Income Tax | 0 |
| Effective Tax Rate | 0 |
Stock Price Statistics
The stock price has increased by 2.32% in the last 52 weeks. The beta is 0.86, so CubeSmart's price volatility has been higher than the market average.
| Beta | 0.86 |
| 52-Week Price Change | 2.32% |
| 50-Day Moving Average | 48.81 |
| 200-Day Moving Average | 46.83 |
| Relative Strength Index (RSI) | 34.41 |
| Average Volume (20 Days) | 1.37M |
Income Statement
In the last 12 months, CubeSmart had revenue of $1.05B and earned $410.76M in profits. Earnings per share was $1.82.
| Revenue | 1.05B |
| Gross Profit | 755.55M |
| Operating Income | 703.12M |
| Net Income | 410.76M |
| EBITDA | 703.12M |
| EBIT | 703.12M |
| Earnings Per Share (EPS) | 1.82 |
Balance Sheet
The company has $6.53M in cash and $2.99B in debt, giving a net cash position of -$2.98B.
| Cash & Cash Equivalents | 6.53M |
| Total Debt | 2.99B |
| Net Cash | -2.98B |
| Retained Earnings | -1.35B |
| Total Assets | 6.19B |
| Working Capital | -217.91M |
Cash Flow
In the last 12 months, operating cash flow was $611.14M and capital expenditures $0, giving a free cash flow of $611.14M.
| Operating Cash Flow | 611.14M |
| Capital Expenditures | 0 |
| Free Cash Flow | 611.14M |
| FCF Per Share | 2.71 |
Margins
Gross margin is 71.93%, with operating and profit margins of 66.94% and 39.11%.
| Gross Margin | 71.93% |
| Operating Margin | 66.94% |
| Pretax Margin | 39.27% |
| Profit Margin | 39.11% |
| EBITDA Margin | 66.94% |
| EBIT Margin | 66.94% |
| FCF Margin | 58.18% |
Dividends & Yields
CUBE pays an annual dividend of $2.04, which amounts to a dividend yield of 4.39%.
| Dividend Per Share | $2.04 |
| Dividend Yield | 4.39% |
| Dividend Growth (YoY) | 4.08% |
| Payout Ratio | 114.61% |
| Earnings Yield | 3.93% |
| FCF Yield | 5.84% |
Analyst Forecast
The average price target for CUBE is $52, which is 12.3% higher than the current price. The consensus rating is "Hold".
| Price Target | $52 |
| Price Target Difference | 12.3% |
| Analyst Consensus | Hold |
| Analyst Count | 11 |
Scores
| Altman Z-Score | 1.98 |
| Piotroski F-Score | 7 |