NSA PE Ratio & Valuation,Is NSA Overvalued

NSA Relative Valuation

NSA's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, NSA is overvalued; if below, it's undervalued.

Historical Valuation

National Storage Affiliates Trust (NSA) is now in the Undervalued zone, suggesting that its current forward PS ratio of 3.40 is considered Undervalued compared with the five-year average of 71.35. The fair price of National Storage Affiliates Trust (NSA) is between 31.73 to 53.63 according to relative valuation methord. Compared to the current price of 29.27 USD , National Storage Affiliates Trust is Undervalued By 7.75%.

Relative Value

Fair Zone

31.73-53.63

Current Price：29.27

7.75%

Undervalued

45.80

14.07

EV/EBITDA

National Storage Affiliates Trust. (NSA) has a current EV/EBITDA of 14.07. The 5-year average EV/EBITDA is 15.34. The thresholds are as follows: Strongly Undervalued below 12.48, Undervalued between 12.48 and 13.91, Fairly Valued between 16.77 and 13.91, Overvalued between 16.77 and 18.20, and Strongly Overvalued above 18.20. The current Forward EV/EBITDA of 14.07 falls within the Historic Trend Line -Fairly Valued range.

23.62

EV/EBIT

National Storage Affiliates Trust. (NSA) has a current EV/EBIT of 23.62. The 5-year average EV/EBIT is 28.34. The thresholds are as follows: Strongly Undervalued below 17.84, Undervalued between 17.84 and 23.09, Fairly Valued between 33.60 and 23.09, Overvalued between 33.60 and 38.85, and Strongly Overvalued above 38.85. The current Forward EV/EBIT of 23.62 falls within the Historic Trend Line -Fairly Valued range.

3.40

National Storage Affiliates Trust. (NSA) has a current PS of 3.40. The 5-year average PS is 5.01. The thresholds are as follows: Strongly Undervalued below 1.84, Undervalued between 1.84 and 3.43, Fairly Valued between 6.60 and 3.43, Overvalued between 6.60 and 8.19, and Strongly Overvalued above 8.19. The current Forward PS of 3.40 falls within the Undervalued range.

0.00

P/OCF

National Storage Affiliates Trust. (NSA) has a current P/OCF of 0.00. The 5-year average P/OCF is 0.00. The thresholds are as follows: Strongly Undervalued below 0.00, Undervalued between 0.00 and 0.00, Fairly Valued between 0.00 and 0.00, Overvalued between 0.00 and 0.00, and Strongly Overvalued above 0.00. The current Forward P/OCF of 0.00 falls within the Strongly Undervalued range.

0.00

P/FCF

National Storage Affiliates Trust. (NSA) has a current P/FCF of 0.00. The 5-year average P/FCF is 2.90. The thresholds are as follows: Strongly Undervalued below -5.71, Undervalued between -5.71 and -1.41, Fairly Valued between 7.20 and -1.41, Overvalued between 7.20 and 11.50, and Strongly Overvalued above 11.50. The current Forward P/FCF of 0.00 falls within the Historic Trend Line -Fairly Valued range.

National Storage Affiliates Trust (NSA) has a current Price-to-Book (P/B) ratio of 3.72. Compared to its 3-year average P/B ratio of 3.23 , the current P/B ratio is approximately 15.08% higher. Relative to its 5-year average P/B ratio of 3.39, the current P/B ratio is about 9.92% higher. National Storage Affiliates Trust (NSA) has a Forward Free Cash Flow (FCF) yield of approximately 13.02%. Compared to its 3-year average FCF yield of 12.34%, the current FCF yield is approximately 5.48% lower. Relative to its 5-year average FCF yield of 9.91% , the current FCF yield is about 31.33% lower.

3.72

P/B

Median3y

3.23

Median5y

3.39

13.02

FCF Yield

Median3y

12.34

Median5y

9.91

Competitors Valuation Multiple

The average P/S ratio for NSA's competitors is 4.10, providing a benchmark for relative valuation. National Storage Affiliates Trust Corp (NSA) exhibits a P/S ratio of , which is -100% above the industry average. Given its robust revenue growth of -3.97%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

Revenue Growth

Market Cap

Performance Decomposition

Market capitalization of NSA decreased by 19.03% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 170.29 to 278.54.

The secondary factor is the Revenue Growth, contributed -3.97%to the performance.

Overall, the performance of NSA in the past 1 year is driven by P/E Change. Which is more unsustainable.

-3.97%

196.15M → 188.35M

Revenue Growth

-78.63%

48.48 → 10.36

Margin Expansion

63.57%

170.29 → 278.54

P/E Change

-19.03%

36.82 → 29.81

Mkt Cap Growth

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Frequently Asked Questions

Is National Storage Affiliates Trust (NSA) currently overvalued or undervalued?

What is National Storage Affiliates Trust (NSA) fair value?

NSA's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average , adjusted by weights. The fair price of National Storage Affiliates Trust (NSA) is between 31.73 to 53.63 according to relative valuation methord.

How does NSA's valuation metrics compare to the industry average?

The average P/S ratio for NSA's competitors is 4.10, providing a benchmark for relative valuation. National Storage Affiliates Trust Corp (NSA) exhibits a P/S ratio of , which is -100.00% above the industry average. Given its robust revenue growth of -3.97%, this premium appears unsustainable.

What is the current P/B ratio for National Storage Affiliates Trust (NSA) as of Dec 15 2025?

As of Dec 15 2025, National Storage Affiliates Trust (NSA) has a P/B ratio of 3.72. This indicates that the market values NSA at 3.72 times its book value.

What is the current FCF Yield for National Storage Affiliates Trust (NSA) as of Dec 15 2025?

As of Dec 15 2025, National Storage Affiliates Trust (NSA) has a FCF Yield of 13.02%. This means that for every dollar of National Storage Affiliates Trust’s market capitalization, the company generates 13.02 cents in free cash flow.

What is the current Forward P/E ratio for National Storage Affiliates Trust (NSA) as of Dec 15 2025?

As of Dec 15 2025, National Storage Affiliates Trust (NSA) has a Forward P/E ratio of 45.80. This means the market is willing to pay $45.80 for every dollar of National Storage Affiliates Trust’s expected earnings over the next 12 months.

What is the current Forward P/S ratio for National Storage Affiliates Trust (NSA) as of Dec 15 2025?

As of Dec 15 2025, National Storage Affiliates Trust (NSA) has a Forward P/S ratio of 3.40. This means the market is valuing NSA at $3.40 for every dollar of expected revenue over the next 12 months.

NSA Valuation