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 Fair zone, suggesting that its current forward PS ratio of 3.40 is considered Fairly compared with the five-year average of 71.20. The fair price of National Storage Affiliates Trust (NSA) is between 23.93 to 46.03 according to relative valuation methord.
Relative Value
Fair Zone
23.93-46.03
Current Price：29.62
Fair
45.80
PE
1Y
3Y
5Y
Trailing
Forward
14.07
EV/EBITDA
National Storage Affiliates Trust. (NSA) has a current EV/EBITDA of 14.07. The 5-year average EV/EBITDA is 15.33. The thresholds are as follows: Strongly Undervalued below 12.48, Undervalued between 12.48 and 13.91, Fairly Valued between 16.76 and 13.91, Overvalued between 16.76 and 18.19, and Strongly Overvalued above 18.19. 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 28.36. The thresholds are as follows: Strongly Undervalued below 17.87, Undervalued between 17.87 and 23.12, Fairly Valued between 33.61 and 23.12, Overvalued between 33.61 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
PS
National Storage Affiliates Trust. (NSA) has a current PS of 3.40. The 5-year average PS is 5.02. The thresholds are as follows: Strongly Undervalued below 1.85, Undervalued between 1.85 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 2.88. The thresholds are as follows: Strongly Undervalued below -5.71, Undervalued between -5.71 and -1.42, Fairly Valued between 7.18 and -1.42, Overvalued between 7.18 and 11.48, and Strongly Overvalued above 11.48. 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 3.22 , the current P/B ratio is approximately 15.47% 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 12.33%, the current FCF yield is approximately 5.58% lower. Relative to its 5-year average FCF yield of 9.91% , the current FCF yield is about 31.43% lower.
3.72
P/B
Median3y
3.22
Median5y
3.39
13.02
FCF Yield
Median3y
12.33
Median5y
9.91
Competitors Valuation Multiple
The average P/S ratio for NSA's competitors is , providing a benchmark for relative valuation. National Storage Affiliates Trust Corp (NSA) exhibits a P/S ratio of , which is NaN% above the industry average. Given its robust revenue growth of -3.97%, this premium appears unsustainable.
P/S
P/E
EV/EBITDA
EV/EBIT
P/S
Revenue Growth
Market Cap
Performance Decomposition
1Y
3Y
5Y
Market capitalization of NSA decreased by 19.55% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 170.83 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.
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FAQ
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