AI Spotlight on SELF
Company Description
Global Self Storage is a self-administered and self-managed REIT that owns, operates, manages, acquires, develops and redevelops self-storage properties.The company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers.Through its wholly owned subsidiaries, the company owns and/or manages 13 self-storage properties in Connecticut, Illinois, Indiana, New York, Ohio, Pennsylvania, South Carolina, and Oklahoma.
Market Data
Last Price | 5.18 |
Change Percentage | -0.06% |
Open | 5.15 |
Previous Close | 5.18 |
Market Cap ( Millions) | 58 |
Volume | 6410 |
Year High | 5.85 |
Year Low | 4.01 |
M A 50 | 5.16 |
M A 200 | 4.99 |
Financial Ratios
FCF Yield | 7.11% |
Dividend Yield | 5.60% |
ROE | 6.54% |
Debt / Equity | 34.32% |
Net Debt / EBIDTA | 219.91% |
Price To Book | 1.2 |
Price Earnings Ratio | 18.32 |
Price To FCF | 14.06 |
Price To sales | 4.74 |
EV / EBITDA | 15.38 |
News
- Nov -08 - Global Self Storage Reports Third Quarter 2024 Results
- Sep -03 - Global Self Storage Declares Third Quarter 2024 Dividend
- Aug -09 - Global Self Storage Reports Second Quarter 2024 Results
- Jul -20 - Who's Buying These Higher-Risk Small Cap REITs?
- Jul -11 - Global Self Storage Extends $15 Million Revolving Credit Facility
- Jun -21 - The State Of REITs: June 2024 Edition
- Jun -03 - Global Self Storage Declares Second Quarter 2024 Dividend
- May -10 - Global Self Storage Reports First Quarter 2024 Results
- May -07 - Global Self Storage Comments on Unsolicited, Non-Binding, and Conditional Acquisition Proposal Received From Etude Storage Partners LLC
- May -07 - Etude Storage Partners Proposes to Acquire Global Self Storage for $6.15 Per Share in Cash
- Mar -26 - Global Self Storage Reports Full Year 2023 Results
- Mar -17 - March Madness: It's Time For A Cinderella Story (3 Small-Cap REITs)
- Mar -17 - March Madness: It's Time For A Cinderella Story (3 Small-Cap REITs)
- Mar -01 - Global Self Storage Declares First Quarter 2024 Dividend
- Jan -22 - WYNDHAM COMMENTS ON CHOICE'S SELF-SERVING DIRECTOR NOMINATIONS
- Dec -01 - Global Self Storage Declares Fourth Quarter 2023 Dividend
- Nov -13 - Global Self Storage Reports Third Quarter 2023 Results
- Nov -09 - Mining For Small Cap REIT Gems
- Oct -31 - Discover the Next Nokia: 3 Penny Stocks With Big Potential
- Sep -15 - Global Self Storage: Overlooked Micro-Cap Self Storage Play
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Rental Income
Expected Growth : 4.5 %
What the company do ?
Rental income from Global Self Storage, Inc. refers to the revenue generated from renting out storage units to individuals and businesses.
Why we expect these perspectives ?
Growing demand for storage units driven by urbanization, increasing popularity of online shopping, and rising need for secure storage solutions among businesses and individuals.
Segment nΒ°2 -> Other Property
Expected Growth : 4.5 %
What the company do ?
Other Property from Global Self Storage, Inc. refers to the company's non-core assets, including vacant land, office buildings, and other investments.
Why we expect these perspectives ?
The Other Property segment's growth is driven by increasing demand for alternative investments, rising property values, and strategic acquisitions. Additionally, the company's focus on diversifying its portfolio and optimizing its assets will contribute to growth.
Segment nΒ°3 -> Management Fees and Other Income
Expected Growth : 4.5 %
What the company do ?
Management Fees and Other Income from Global Self Storage, Inc. refers to the revenue generated from managing and operating self-storage facilities, as well as other income sources.
Why we expect these perspectives ?
Growing demand for storage facilities, increasing popularity of online shopping, and rising urbanization drive the management fees and other income segment of Global Self Storage, Inc.
Global Self Storage, Inc. Products
Product Range | What is it ? |
---|---|
Self Storage Units | Secure and climate-controlled storage units for personal and business use, ranging from small to large sizes. |
RV and Boat Storage | Outdoor and indoor storage facilities for recreational vehicles, boats, and trailers, with amenities like electrical hookups and dump stations. |
Packaging and Moving Supplies | Wide range of packing materials, boxes, and moving equipment for sale, including specialty items for fragile or oversized items. |
Mailbox Rentals | Private mailbox rentals with mail and package reception, forwarding, and notification services. |
Business Services | Office and business services, including printing, copying, and faxing, as well as mail and package delivery acceptance. |
Global Self Storage, Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes is low for Global Self Storage, Inc. due to the lack of alternative options for customers seeking self-storage solutions.
Bargaining Power Of Customers
The bargaining power of customers is medium for Global Self Storage, Inc. as customers have some flexibility to negotiate prices, but the company's diversified customer base and pricing strategy mitigate this power.
Bargaining Power Of Suppliers
The bargaining power of suppliers is low for Global Self Storage, Inc. as the company has a diversified supplier base and is not heavily reliant on any single supplier.
Threat Of New Entrants
The threat of new entrants is high for Global Self Storage, Inc. due to the relatively low barriers to entry in the self-storage industry and the potential for new competitors to enter the market.
Intensity Of Rivalry
The intensity of rivalry is medium for Global Self Storage, Inc. as the company operates in a competitive industry, but its diversified portfolio and strong brand presence help to mitigate the impact of rivalry.
Capital Structure
Value | |
---|---|
Debt Weight | 25.94% |
Debt Cost | 5.04% |
Equity Weight | 74.06% |
Equity Cost | 5.18% |
WACC | 5.14% |
Leverage | 35.03% |
Global Self Storage, Inc. : Quality Control
Global Self Storage, Inc. passed 6 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
---|---|
ILPT | ILPT is a real estate investment trust, or REIT, that owns and leases industrial and logistics properties throughout the United States. ILPT is managed by the operating subsidiary of The β¦ |
AOMR | Angel Oak Mortgage, Inc., a real estate finance company, focuses on acquiring and investing in first lien non- qualified mortgage loans and other mortgage-related assets in the United States mortgage β¦ |
REFI | Chicago Atlantic Real Estate Finance, Inc. operates as a commercial real estate finance company in the United States. It originates, structures, and invests in first mortgage loans and alternative structured β¦ |
SEVN | Seven Hills Realty Trust, a real estate investment trust, focuses on originating and investing in first mortgage loans secured by middle market and transitional commercial real estate in the United β¦ |
PLYM | Plymouth Industrial REIT, Inc. is a vertically integrated and self-managed real estate investment trust focused on the acquisition and operation of single and multi-tenant industrial properties located in secondary and β¦ |