Extra Space Valuation

EXR Stock  USD 172.68  1.00  0.58%   
At this time, the firm appears to be fairly valued. Extra Space Storage shows a prevailing Real Value of $172.39 per share. The current price of the firm is $172.68. Our model computes the value of Extra Space Storage from reviewing the firm fundamentals such as Profit Margin of 0.24 %, current valuation of 48.75 B, and Shares Outstanding of 211.98 M as well as analyzing its technical indicators and probability of bankruptcy. Key fundamental drivers impacting Extra Space's valuation include:
Price Book
2.6127
Enterprise Value
48.8 B
Enterprise Value Ebitda
21.6648
Price Sales
11.5021
Forward PE
33.67
Fairly Valued
Today
172.68
Please note that Extra Space's price fluctuation is very steady at this time. Calculation of the real value of Extra Space Storage is based on 3 months time horizon. Increasing Extra Space's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Extra stock is determined by what a typical buyer is willing to pay for full or partial control of Extra Space Storage. Since Extra Space is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Extra Stock. However, Extra Space's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  172.68 Real  172.39 Target  152.42 Hype  172.68 Naive  175.72
The intrinsic value of Extra Space's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Extra Space's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
171.01
Downside
172.38
Real Value
173.77
Upside
Estimating the potential upside or downside of Extra Space Storage helps investors to forecast how Extra stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Extra Space more accurately as focusing exclusively on Extra Space's fundamentals will not take into account other important factors:
Earnings
Estimates (0)
LowProjectedHigh
0.941.101.08
Details
Hype
Prediction
LowEstimatedHigh
171.30172.68174.06
Details
Potential
Annual Dividend
LowForecastedHigh
3.633.743.85
Details
19 Analysts
Consensus
LowTarget PriceHigh
138.70152.42169.19
Details
Traditionally, analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use Extra Space's intrinsic value based on its ongoing forecasts of Extra Space's financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against Extra Space's closest peers.

Extra Space Cash

65.28 Million

Extra Valuation Trend

Extra Space's real value is important for investors to make better decisions and a more accurate overall view of Extra Space's financial worth over time. Using both Extra Space's enterprise value as well as its market capitalization is the best way to gauge the value of the company and is usually enough for investors to make market timing conclusions.

Extra Revenue by Product

Extra Space Total Value Analysis

Extra Space Storage is currently anticipated to have company total value of 48.75 B with market capitalization of 38.09 B, debt of 11.25 B, and cash on hands of 92.87 M. Please note that company total value may be misleading and is a subject to accounting gimmicks. We encourage investors to carefully check all of the Extra Space fundamentals before making security assessment based on enterprise value of the company
  Takeover PriceMarket CapDebt ObligationsCash
48.75 B
38.09 B
11.25 B
92.87 M

Extra Space Investor Information

About 99.0% of the company shares are held by institutions such as insurance companies. The book value of Extra Space was currently reported as 66.09. The company last dividend was issued on the 16th of December 2024. Based on the measurements of operating efficiency obtained from Extra Space's historical financial statements, Extra Space Storage may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter.
Current ValueLast YearChange From Last Year 10 Year Trend
Operating Profit Margin0.290.457
Way Down
Slightly volatile
Operating Income1.2 B1.2 B
Sufficiently Up
Slightly volatile

Extra Space Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Extra Space has an asset utilization ratio of 9.32 percent. This connotes that the Company is making $0.0932 for each dollar of assets. An increasing asset utilization means that Extra Space Storage is more efficient with each dollar of assets it utilizes for everyday operations.
 
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Covid

Extra Space Ownership Allocation

Extra Space holds a total of 211.98 Million outstanding shares. The majority of Extra Space Storage outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Extra Space Storage to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Extra Space. Please pay attention to any change in the institutional holdings of Extra Space Storage as this could imply that something significant has changed or is about to change at the company. Please note that on November 11, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of Extra Space Storage's common stock.

Extra Space Profitability Analysis

The company reported the last year's revenue of 2.56 B. Total Income to common stockholders was 801.97 M with profit before taxes, overhead, and interest of 1.52 B.

Extra Space Past Distributions to stockholders

About Extra Space Valuation

The stock valuation mechanism determines Extra Space's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of Extra Space Storage based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of Extra Space. We calculate exposure to Extra Space's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Extra Space's related companies.
Last ReportedProjected for Next Year
Gross Profit1.9 BB
Pretax Profit Margin 0.34  0.21 
Operating Profit Margin 0.46  0.29 
Net Profit Margin 0.31  0.33 
Gross Profit Margin 0.74  0.58 
Extra Space's stock price is the clearest measure of market expectations about its performance. Without stock valuation, investors cannot independently discern whether Extra Space's value is low or high relative to the company's performance and growth projections. Determining the market value of Extra Space can be done in different ways, such as multiplying its stock price by its outstanding shares.
A single share of Extra Space represents a small ownership stake in the entity. As a stockholder of Extra, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.

Extra Space Dividends Analysis For Valuation

At this time, Extra Space's Dividends Paid is relatively stable compared to the past year. As of 11/29/2024, Dividend Yield is likely to grow to 0.04, while Dividend Paid And Capex Coverage Ratio is likely to drop 0.93. . At this time, Extra Space's Earnings Yield is relatively stable compared to the past year. As of 11/29/2024, Price Earnings Ratio is likely to grow to 35.47, though Retained Earnings are likely to grow to (360.1 M).
Last ReportedProjected for Next Year
Dividends PaidB1.1 B
Dividend Yield 0.04  0.04 
Dividend Payout Ratio 1.30  1.37 
Dividend Paid And Capex Coverage Ratio 1.32  0.93 
There are various types of dividends Extra Space can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of Extra shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from Extra Space Storage directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When Extra pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of Extra Space by the value of the dividends paid out.

Extra Space Growth Indicators

Investing in growth stocks can be very risky. If the company such as Extra Space does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
Common Stock Shares Outstanding169.2 M
Quarterly Earnings Growth Y O Y-0.051
Forward Price Earnings33.67

Extra Space Current Valuation Indicators

Extra Space's valuation analysis is a process of estimating the intrinsic value of all assets and outstanding equities. There are different methodologies and models we use to develop the final Extra Space's valuation. The techniques such as discounted cash flow and fundamental indicators such as book value per share or market capitalization are well known and widely used across most financial advisers and money managers.
Valuations are an essential part of business, for companies themselves, but also for investors. For companies, such as Extra Space, valuations can help measure their progress and success and can help them track their performance in the market compared to others. In addition, investors can use Extra Space's valuations to help determine the worth of potential investments. They can do this by using data and information made public by a company. Regardless of who the valuation is for, it essentially describes Extra Space's worth.

Additional Tools for Extra Stock Analysis

When running Extra Space's price analysis, check to measure Extra Space's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Extra Space is operating at the current time. Most of Extra Space's value examination focuses on studying past and present price action to predict the probability of Extra Space's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Extra Space's price. Additionally, you may evaluate how the addition of Extra Space to your portfolios can decrease your overall portfolio volatility.