CubeSmart Current Valuation vs. Shares Outstanding

UK8 Stock  EUR 45.82  0.81  1.74%   
Based on CubeSmart's profitability indicators, CubeSmart may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess CubeSmart's ability to earn profits and add value for shareholders.
For CubeSmart profitability analysis, we use financial ratios and fundamental drivers that measure the ability of CubeSmart to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well CubeSmart utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between CubeSmart's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of CubeSmart over time as well as its relative position and ranking within its peers.
  
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For more detail on how to invest in CubeSmart Stock please use our How to Invest in CubeSmart guide.
Please note, there is a significant difference between CubeSmart's value and its price as these two are different measures arrived at by different means. Investors typically determine if CubeSmart is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CubeSmart's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

CubeSmart Shares Outstanding vs. Current Valuation Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining CubeSmart's current stock value. Our valuation model uses many indicators to compare CubeSmart value to that of its competitors to determine the firm's financial worth.
CubeSmart is rated first in current valuation category among its peers. It is rated first in shares outstanding category among its peers creating about  0.02  of Shares Outstanding per Current Valuation. The ratio of Current Valuation to Shares Outstanding for CubeSmart is roughly  52.99 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the CubeSmart's earnings, one of the primary drivers of an investment's value.

CubeSmart Current Valuation vs. Competition

CubeSmart is rated first in current valuation category among its peers. After adjusting for long-term liabilities, total market size of REIT—Industrial industry is at this time estimated at about 15.25 Billion. CubeSmart totals roughly 11.9 Billion in current valuation claiming about 78% of equities listed under REIT—Industrial industry.

CubeSmart Shares Outstanding vs. Current Valuation

Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

CubeSmart

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
11.9 B
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

CubeSmart

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
224.63 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.

CubeSmart Shares Outstanding Comparison

CubeSmart is currently under evaluation in shares outstanding category among its peers.

CubeSmart Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in CubeSmart, profitability is also one of the essential criteria for including it into their portfolios because, without profit, CubeSmart will eventually generate negative long term returns. The profitability progress is the general direction of CubeSmart's change in net profit over the period of time. It can combine multiple indicators of CubeSmart, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
CubeSmart is a self-administered and self-managed real estate investment trust. According to the 2020 Self-Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the United States. CUBESMART operates under REITIndustrial classification in Germany and is traded on Frankfurt Stock Exchange. It employs 3111 people.

CubeSmart Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on CubeSmart. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of CubeSmart position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the CubeSmart's important profitability drivers and their relationship over time.

Use CubeSmart in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CubeSmart position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CubeSmart will appreciate offsetting losses from the drop in the long position's value.

CubeSmart Pair Trading

CubeSmart Pair Trading Analysis

The ability to find closely correlated positions to CubeSmart could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CubeSmart when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CubeSmart - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CubeSmart to buy it.
The correlation of CubeSmart is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CubeSmart moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CubeSmart moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CubeSmart can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your CubeSmart position

In addition to having CubeSmart in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Consumption Thematic Idea Now

Consumption
Consumption Theme
Companies that deliver final goods such as cars or clothing for consumption by consumers. The Consumption theme has 19 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Consumption Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in CubeSmart Stock

When determining whether CubeSmart is a strong investment it is important to analyze CubeSmart's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CubeSmart's future performance. For an informed investment choice regarding CubeSmart Stock, refer to the following important reports:
Check out World Market Map.
For more detail on how to invest in CubeSmart Stock please use our How to Invest in CubeSmart guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
To fully project CubeSmart's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of CubeSmart at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include CubeSmart's income statement, its balance sheet, and the statement of cash flows.
Potential CubeSmart investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although CubeSmart investors may work on each financial statement separately, they are all related. The changes in CubeSmart's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on CubeSmart's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.