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Extra Space Storage Inc
NYSE:EXR

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Extra Space Storage Inc
NYSE:EXR
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Price: 143.33 USD 1.99% Market Closed
Market Cap: $30.3B

EV/FCFF

57
Current
29%
More Expensive
vs 3-y average of 44.3

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
57
=
Enterprise Value
$45.5B
/
Free Cash Flow to Firm
$759.8m

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
57
=
Enterprise Value
$45.5B
/
Free Cash Flow to Firm
$759.8m

Valuation Scenarios

Extra Space Storage Inc is trading above its 3-year average

If EV/FCFF returns to its 3-Year Average (44.3), the stock would be worth $111.41 (22% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-59%
Maximum Upside
No Upside Scenarios
Average Downside
34%
Scenario EV/FCFF Value Implied Price Upside/Downside
Current Multiple 57 $143.33
0%
3-Year Average 44.3 $111.41
-22%
5-Year Average 44.1 $110.88
-23%
Industry Average 38.7 $97.45
-32%
Country Average 23.2 $58.42
-59%

Forward EV/FCFF
Today’s price vs future free cash flow to firm

Not enough data available to calculate forward EV/FCFF

Peer Comparison

All Multiples
EV/FCFF
P/E
All Countries
Close
Market Cap EV/FCFF P/E
US
Extra Space Storage Inc
NYSE:EXR
30.3B USD 57 31.2
US
Equinix Inc
NASDAQ:EQIX
106.4B USD -308.4 78.8
US
American Tower Corp
NYSE:AMT
85.2B USD 31.1 33.7
US
Digital Realty Trust Inc
NYSE:DLR
70.1B USD -111.4 52.4
US
Public Storage
NYSE:PSA
53.1B USD 38.1 33.5
US
Crown Castle International Corp
NYSE:CCI
38.7B USD 22.1 36.6
US
Iron Mountain Inc
NYSE:IRM
37.3B USD -53.2 257.7
US
VICI Properties Inc
NYSE:VICI
31.2B USD 19.2 11.2
US
SBA Communications Corp
NASDAQ:SBAC
23.4B USD 4 435.2 22.2
US
Weyerhaeuser Co
NYSE:WY
17.7B USD 253 54.5
US
Lamar Advertising Co
NASDAQ:LAMR
14B USD 25 23.8

Market Distribution

Higher than 85% of companies in the United States of America
Percentile
85th
Based on 8 393 companies
85th percentile
57
Low
0 — 15.4
Typical Range
15.4 — 35.1
High
35.1 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 15.4
Median 23.2
70th Percentile 35.1
Max 3 178 983.5

Extra Space Storage Inc
Glance View

Extra Space Storage Inc., founded in 1977, navigates the evolving landscape of the self-storage industry with a combination of strategic foresight and customer-centric innovation. Originating in a time when the concept of self-storage was just beginning to gain traction, the company has grown to become one of the largest self-storage operators in the United States. With headquarters in Salt Lake City, Extra Space Storage employs a model that balances ownership and management of storage facilities. Through an expansive network of more than 2,000 locations nationwide, they cater to a diverse clientele ranging from individuals relocating homes to businesses in need of extra inventory space. Their revenue engine is fueled primarily by the rental income generated from leasing storage units in their extensive portfolio. The company smartly leverages dynamic pricing strategies, adjusting rental rates based on demand, competition, and occupancy levels to optimize their income. Supplementary revenue streams also include the sale of insurance products and packing supplies—which cater to the broader needs of storage customers. Furthermore, Extra Space Storage capitalizes on economies of scale and technological integration, employing sophisticated management software to streamline operations and enhance customer service experiences. This multifaceted approach not only bolsters their bottom line but also fortifies their position in a competitive market where real estate and consumer convenience are paramount.

EXR Intrinsic Value
128.56 USD
Overvaluation 10%
Intrinsic Value
Price $143.33
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