CubeSmart (CUBE)
CubeSmart Statistics
Share Statistics
CubeSmart has 227.88M shares outstanding. The number of shares has increased by 0.53% in one year.
| Shares Outstanding | 227.88M |
| Shares Change (YoY) | 0.53% |
| Shares Change (QoQ) | 0.42% |
| Owned by Institutions (%) | 97.07% |
| Shares Floating | 225.71M |
| Failed to Deliver (FTD) Shares | 4.18K |
| FTD / Avg. Volume | 0.25% |
Short Selling Information
The latest short interest is 3.35M, so 1.48% of the outstanding shares have been sold short.
| Short Interest | 3.35M |
| Short % of Shares Out | 1.48% |
| Short % of Float | 1.49% |
| Short Ratio (days to cover) | 2.2 |
Valuation Ratios
The PE ratio is 24.79 and the forward PE ratio is 24.07. CubeSmart's PEG ratio is -5.01.
| PE Ratio | 24.79 |
| Forward PE | 24.07 |
| PS Ratio | 9.1 |
| Forward PS | 6.4 |
| PB Ratio | 3.38 |
| P/FCF Ratio | 15.37 |
| PEG Ratio | -5.01 |
Enterprise Valuation
CubeSmart has an Enterprise Value (EV) of 13.48B.
| EV / Earnings | 34.46 |
| EV / Sales | 12.64 |
| EV / EBITDA | 66.22 |
| EV / EBIT | -6243.17 |
| EV / FCF | 21.36 |
Financial Position
The company has a current ratio of 0.18, with a Debt / Equity ratio of 1.06.
| Current Ratio | 0.18 |
| Quick Ratio | 0.18 |
| Debt / Equity | 1.06 |
| Total Debt / Capitalization | 51.52 |
| Cash Flow / Debt | 0.21 |
| Interest Coverage | -0.02 |
Financial Efficiency
Return on equity (ROE) is 0.14% and return on capital (ROIC) is -0.04%.
| Return on Equity (ROE) | 0.14% |
| Return on Assets (ROA) | 0.06% |
| Return on Capital (ROIC) | -0.04% |
| Revenue Per Employee | $343,502.26 |
| Profits Per Employee | $126,024.48 |
| Employee Count | 3,104 |
| Asset Turnover | 0.17 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 0 |
| Effective Tax Rate | 0 |
Stock Price Statistics
The stock price has increased by -7.98% in the last 52 weeks. The beta is 0.91, so CubeSmart's price volatility has been higher than the market average.
| Beta | 0.91 |
| 52-Week Price Change | -7.98% |
| 50-Day Moving Average | 41.85 |
| 200-Day Moving Average | 46.45 |
| Relative Strength Index (RSI) | 47.59 |
| Average Volume (20 Days) | 1.66M |
Income Statement
In the last 12 months, CubeSmart had revenue of 1.07B and earned 391.18M in profits. Earnings per share was 1.73.
| Revenue | 1.07B |
| Gross Profit | 748.48M |
| Operating Income | -2.16M |
| Net Income | 391.18M |
| EBITDA | 203.54M |
| EBIT | -2.16M |
| Earnings Per Share (EPS) | 1.73 |
Balance Sheet
The company has 71.56M in cash and 3.05B in debt, giving a net cash position of -2.98B.
| Cash & Cash Equivalents | 71.56M |
| Total Debt | 3.05B |
| Net Cash | -2.98B |
| Retained Earnings | -1.42B |
| Total Assets | 6.39B |
| Working Capital | -191.15M |
Cash Flow
In the last 12 months, operating cash flow was 631.07M and capital expenditures 0, giving a free cash flow of 631.07M.
| Operating Cash Flow | 631.07M |
| Capital Expenditures | 0 |
| Free Cash Flow | 631.07M |
| FCF Per Share | 2.79 |
Margins
Gross margin is 70.2%, with operating and profit margins of -0.2% and 36.69%.
| Gross Margin | 70.2% |
| Operating Margin | -0.2% |
| Pretax Margin | 36.69% |
| Profit Margin | 36.69% |
| EBITDA Margin | 19.09% |
| EBIT Margin | -0.2% |
| FCF Margin | 59.19% |
Dividends & Yields
CUBE pays an annual dividend of $2.57, which amounts to a dividend yield of 4.97%.
| Dividend Per Share | $2.57 |
| Dividend Yield | 4.97% |
| Dividend Growth (YoY) | 1.96% |
| Payout Ratio | 149.42% |
| Earnings Yield | 4.16% |
| FCF Yield | 6.66% |
Analyst Forecast
The average price target for CUBE is $47, which is 13% higher than the current price. The consensus rating is "Hold".
| Price Target | $47 |
| Price Target Difference | 13% |
| Analyst Consensus | Hold |
| Analyst Count | 12 |
Scores
| Altman Z-Score | 1.7 |
| Piotroski F-Score | 5 |