National Storage Reit
ASX:NSR

Watchlist Manager
National Storage Reit Logo
National Storage Reit
ASX:NSR
Watchlist
Price: 2.39 AUD Market Closed
Market Cap: 3.3B AUD

Relative Value

The Relative Value of one NSR stock under the Base Case scenario is 3.53 AUD. Compared to the current market price of 2.39 AUD, National Storage Reit is Undervalued by 32%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

NSR Relative Value
Base Case
3.53 AUD
Undervaluation 32%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
82
vs Industry
22
Median 3Y
9.2
Median 5Y
9.5
Industry
3.7
Forward
8.7
vs History
9
vs Industry
28
Median 3Y
13.3
Median 5Y
13.3
Industry
16.7
Forward
20
vs History
52
vs Industry
23
Median 3Y
16.5
Median 5Y
17.2
Industry
11.1
vs History
61
vs Industry
40
Median 3Y
5.9
Median 5Y
5.9
Industry
13.2
vs History
65
vs Industry
43
Median 3Y
0.9
Median 5Y
1
Industry
0.9
vs History
53
vs Industry
21
Median 3Y
12.8
Median 5Y
13.5
Industry
6.7
Forward
13
vs History
vs Industry
Median 3Y
0
Median 5Y
0
Industry
12.2
vs History
63
vs Industry
24
Median 3Y
21.8
Median 5Y
22.7
Industry
16
Forward
22.6
vs History
63
vs Industry
32
Median 3Y
21.8
Median 5Y
22.7
Industry
19.2
Forward
22.8
vs History
46
vs Industry
24
Median 3Y
22.9
Median 5Y
25
Industry
18.6
vs History
31
vs Industry
23
Median 3Y
23.1
Median 5Y
26.8
Industry
20.2
vs History
55
vs Industry
32
Median 3Y
0.9
Median 5Y
0.9
Industry
0.7

Multiples Across Competitors

NSR Competitors Multiples
National Storage Reit Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
National Storage Reit
ASX:NSR
3.3B AUD 8.9 20.6 22.2 22.2
US
American Tower Corp
NYSE:AMT
103.8B USD 8.2 37.8 17.3 23.5
US
Equinix Inc
NASDAQ:EQIX
77B USD 8.7 83 24.4 52
US
Digital Realty Trust Inc
NYSE:DLR
58.1B USD 10.3 148.9 30.3 117.4
US
Public Storage
NYSE:PSA
52B USD 11 29.3 18.1 27.3
US
Crown Castle International Corp
NYSE:CCI
44.8B USD 7.5 -9.6 18.2 30.1
US
VICI Properties Inc
NYSE:VICI
35.3B USD 9.1 13.4 15 15
US
Extra Space Storage Inc
NYSE:EXR
32.4B USD 9.9 35.6 20.5 31.6
US
Iron Mountain Inc
NYSE:IRM
29.7B USD 4.7 243.3 20.3 35.3
US
SBA Communications Corp
NASDAQ:SBAC
25.3B USD 9.4 31 19.8 23
US
Weyerhaeuser Co
NYSE:WY
19.2B USD 2.7 52.5 19.6 33.5