-1.38%
-0.14%
-8.44%
-0.83%
-16.88%
-29.94%
9.15%
AI Spotlight on SHUR
Company Description
Shurgard Self Storage S.A., together with its subsidiaries, engages in the acquisition, development, and operation of self-storage facilities for business and personal use.The company also offers various ancillary services at its self-storage facilities consisting of sale of storage products and provision of protection through an independent insurance company for customers' stored goods.As of December 31, 2021, it owned and operated 254 self-storage facilities that covered an approximately 1.3 million net rentable square meters under the Shurgard brand name in the Netherlands, France, Sweden, the United Kingdom, Belgium, Germany, and Denmark; and operate one facility in France which is owned by a third party.
The company serves approximately 174,000 customers.Shurgard Self Storage S.A. was founded in 1995 and is based in Luxembourg, Luxembourg.
Market Data
| Last Price | 35.8 |
| Change Percentage | -1.38% |
| Open | 36.5 |
| Previous Close | 36.3 |
| Market Cap ( Millions) | 3526 |
| Volume | 77194 |
| Year High | 44.45 |
| Year Low | 33.35 |
| M A 50 | 36.7 |
| M A 200 | 38.64 |
Financial Ratios
| FCF Yield | 5.67% |
| Dividend Yield | 3.67% |
| ROE | 15.78% |
| Debt / Equity | 18.54% |
| Net Debt / EBIDTA | 115.49% |
| Price To Book | 0.93 |
| Price Earnings Ratio | 6.04 |
| Price To FCF | 17.64 |
| Price To sales | 7.52 |
| EV / EBITDA | 9.49 |
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Same Store Facilities
Expected Growth : 8 %
What the company do ?
Same Store Facilities from Shurgard Self Storage S.A. refers to a subset of facilities that have been in operation for at least 24 months, allowing for a consistent comparison of performance over time.
Why we expect these perspectives ?
Shurgard's 8% same-store facility growth is driven by increasing demand for self-storage solutions, particularly among urban dwellers and businesses. Strong brand recognition, strategic location expansion, and investments in digital platforms also contribute to growth. Additionally, the company's focus on operational efficiency and yield management enables it to capitalize on rising occupancy rates and rental income.
Segment n°2 -> Non-same Store Facilities
Expected Growth : 10 %
What the company do ?
Non-same Store Facilities from Shurgard Self Storage S.A. refer to storage facilities that are not identical in terms of size, features, or services offered, allowing for diversified revenue streams.
Why we expect these perspectives ?
Shurgard's 10% growth in Non-same Store Facilities is driven by strategic expansion into underserved markets, increasing demand for self-storage solutions, and successful integration of acquired facilities. Additionally, investments in digital marketing and customer experience enhancements have improved occupancy rates and revenue per available square foot.
Shurgard Self Storage S.A. Products
| Product Range | What is it ? |
|---|---|
| Self Storage Units | Secure and climate-controlled storage units for personal and business use, ranging from small lockers to large warehouse spaces. |
| Business Storage Solutions | Customized storage solutions for businesses, including inventory management and logistics support. |
| Student Storage | Specialized storage solutions for students, including summer storage and shipping services. |
| RV and Vehicle Storage | Secure and convenient storage options for recreational vehicles, cars, and boats. |
| Packing Supplies | Wide range of packing materials, including boxes, tape, and bubble wrap, available for purchase. |
| Moving Services | Partnerships with reputable moving companies to provide a seamless moving experience. |
Shurgard Self Storage S.A.'s Porter Forces
Threat Of Substitutes
Shurgard Self Storage S.A. operates in a niche market with limited substitutes, but customers may opt for alternative storage solutions, such as renting a garage or using a moving container.
Bargaining Power Of Customers
Individual customers have limited bargaining power due to the fragmented nature of the self-storage market, but large commercial clients may have more negotiating power.
Bargaining Power Of Suppliers
Shurgard Self Storage S.A. has a diversified supplier base, reducing dependence on individual suppliers and limiting their bargaining power.
Threat Of New Entrants
While there are barriers to entry, such as high initial investment costs, new entrants can still disrupt the market, especially with innovative storage solutions.
Intensity Of Rivalry
The self-storage market is highly competitive, with many established players, leading to intense rivalry and pricing pressure.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 18.18% |
| Debt Cost | 3.95% |
| Equity Weight | 81.82% |
| Equity Cost | 7.57% |
| WACC | 6.91% |
| Leverage | 22.21% |
Shurgard Self Storage S.A. : Quality Control
Shurgard Self Storage S.A. passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| TEG.DE | TAG Immobilien AG, a real estate company, acquires, develops, and manages residential real estate properties in Germany. The company also rents commercial real estate properties, as well as operates serviced … |
| O5G.DE | CPI Property Group S.A. operates as a property investor and developer in Central Europe. Its portfolio comprises real estate assets in the Czech and Slovak Republics, including residential, retail, hospitality, … |
| LEG.DE | LEG Immobilien AG, together with its subsidiaries, operates as an integrated property company in Germany. The company engages in the performance of services and management of equity investments; property management … |
| INW.MI | Infrastrutture Wireless Italiane S.p.A. operates in the electronic communications infrastructure sector in Europe. The company offers infrastructure hosting equipment for radio broadcasting, telecommunications, and television, and radio signal broadcasting. It … |
| GRI.L | Grainger plc, together with its subsidiaries, designs, owns, operates, manages, and rents residential properties in the United Kingdom. It also provides property and asset management services. The company was incorporated … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Shurgard
A-Score
1-Year Total Return ->
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Inwit
A-Score
1-Year Total Return ->
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LEG Immobilien
A-Score
1-Year Total Return ->
4
TAG Immobilien
A-Score
1-Year Total Return ->
5
Grainger
A-Score
1-Year Total Return ->
6
