Overview Dividends

(CUBE) CubeSmart - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US2296631094

Storage Space, Self-Storage Properties, Storage Units

CUBE EPS (Earnings per Share)

EPS Growth (3Y CAGR): -3.27%
EPS Trend (3Y Correlation): 19.7%

CUBE Revenue

Revenue Growth (3Y CAGR): 2.84%
Revenue Trend (3Y Correlation): 83.4%

Description: CUBE CubeSmart

CubeSmart is a prominent player in the US self-storage market, operating as a self-administered and self-managed REIT. The companys properties provide affordable, accessible, and climate-controlled storage solutions for residential and commercial customers, positioning it as a leader in the industry.

As one of the top three owners and operators of self-storage properties in the US, according to the 2025 Self-Storage Almanac, CubeSmart has established a significant presence in the market. To further evaluate its performance, we can examine key metrics such as Funds From Operations (FFO) per share, which is a crucial indicator for REITs. A stable or growing FFO per share suggests a healthy and sustainable business model.

In addition to its market position, CubeSmarts financial health can be assessed through metrics like Debt-to-Equity ratio and interest coverage. A reasonable Debt-to-Equity ratio indicates a manageable level of indebtedness, while a robust interest coverage ratio suggests the companys ability to service its debt. Furthermore, the dividend yield and payout ratio can provide insights into the sustainability of its dividend payments.

To gain a more comprehensive understanding of CubeSmarts performance, we can analyze its same-store sales growth, occupancy rates, and rental rate growth. These metrics can help identify trends in the companys revenue and profitability. A stable or increasing occupancy rate, combined with rising rental rates, can indicate a strong demand for self-storage facilities and a well-executed pricing strategy.

CUBE Stock Overview

Market Cap in USD	9,220m
Sub-Industry	Self-Storage REITs
IPO / Inception	2004-10-22

CUBE Stock Ratings

Growth Rating	-0.36%
Fundamental	72.4%
Dividend Rating	79.6%
Return 12m vs S&P 500	-28.9%
Analyst Rating	3.59 of 5

CUBE Dividends

Dividend Yield 12m	6.27%
Yield on Cost 5y	10.07%
Annual Growth 5y	2.84%
Payout Consistency	92.4%
Payout Ratio	126.2%

CUBE Growth Ratios

Growth Correlation 3m	-82.4%
Growth Correlation 12m	-61.8%
Growth Correlation 5y	40.3%
CAGR 5y	9.77%
CAGR/Max DD 5y	0.26
Sharpe Ratio 12m	-1.16
Alpha	-25.93
Beta	0.370
Volatility	24.75%
Current Volume	1377.9k
Average Volume 20d	1495k
Stop Loss	39.6 (-3.2%)
Signal	0.67

Piotroski VR‑10 (Strict, 0-10) 3.5

Net Income (374.8m TTM) > 0 and > 6% of Revenue (6% = 65.6m TTM)

FCFTA 0.09 (>2.0%) and ΔFCFTA -0.56pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -3.15% (prev -21.64%; Δ 18.49pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.09 (>3.0%) and CFO 613.9m > Net Income 374.8m (YES >=105%, WARN >=100%)

Net Debt (-8.74m) to EBITDA (706.0m) ratio: -0.01 <= 3.0 (WARN <= 3.5)

Current Ratio 0.20 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (229.3m) change vs 12m ago 1.17% (target <= -2.0% for YES)

Gross Margin 63.80% (prev 66.09%; Δ -2.29pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 16.97% (prev 17.15%; Δ -0.18pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 4.72 (EBITDA TTM 706.0m / Interest Expense TTM 100.3m) >= 6 (WARN >= 3)

Altman Z'' -0.67

(A) -0.01 = (Total Current Assets 8.74m - Total Current Liabilities 43.2m) / Total Assets 6.71b

(B) -0.22 = Retained Earnings (Balance) -1.48b / Total Assets 6.71b

(D) -0.39 = Book Value of Equity -1.48b / Total Liabilities 3.82b

Total Rating: -0.67 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 72.37

1. Piotroski 3.50pt = -1.50

2. FCF Yield 4.91% = 2.46

3. FCF Margin 56.11% = 7.50

4. Debt/Equity 1.17 = 1.86

5. Debt/Ebitda 4.66 = -2.50

6. ROIC - WACC 7.07% = 8.84

7. RoE 13.25% = 1.10

8. Rev. Trend 83.44% = 4.17

9. Rev. CAGR 2.84% = 0.35

10. EPS Trend 19.67% = 0.49

11. EPS CAGR -3.27% = -0.41

What is the price of CUBE shares?

As of August 30, 2025, the stock is trading at USD 40.92 with a total of 1,377,931 shares traded.
Over the past week, the price has changed by -0.41%, over one month by -1.73%, over three months by -2.98% and over the past year by -16.78%.

Is CubeSmart a good stock to buy?

Partly, yes. Based on ValueRay´s Fundamental Analyses, CubeSmart (NYSE:CUBE) is currently (August 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 72.37 and therefor a somewhat positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of CUBE is around 38.71 USD . This means that CUBE is currently overvalued and has a potential downside of -5.4%.

Is CUBE a buy, sell or hold?

CubeSmart has received a consensus analysts rating of 3.59. Therefor, it is recommend to hold CUBE.

Strong Buy: 4
Buy: 2
Hold: 11
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the CUBE price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	45.3	10.8%
Analysts Target Price	45.3	10.8%
ValueRay Target Price	42.7	4.4%

Last update: 2025-08-28 04:36

CUBE Fundamental Data Overview

Market Cap USD = 9.22b (9.22b USD * 1.0 USD.USD)
CCE Cash And Equivalents = 8.74m USD (Cash And Short Term Investments, last quarter)
P/E Trailing = 24.5244
P/E Forward = 26.0417
P/S = 8.4112
P/B = 3.2596
P/EG = 6.31
Beta = 0.956
Revenue TTM = 1.09b USD
EBIT TTM = 474.0m USD
EBITDA TTM = 706.0m USD
Long Term Debt = 2.99b USD (from longTermDebt, last quarter)
Short Term Debt = 300.6m USD (from shortTermDebt, last quarter)
Debt = 3.29b USD (Calculated: Short Term 300.6m + Long Term 2.99b)
Net Debt = -8.74m USD (from netDebt column, last quarter)
Enterprise Value = 12.50b USD (9.22b + Debt 3.29b - CCE 8.74m)
Interest Coverage Ratio = 4.72 (Ebit TTM 474.0m / Interest Expense TTM 100.3m)
FCF Yield = 4.91% (FCF TTM 613.9m / Enterprise Value 12.50b)
FCF Margin = 56.11% (FCF TTM 613.9m / Revenue TTM 1.09b)
Net Margin = 34.27% (Net Income TTM 374.8m / Revenue TTM 1.09b)
Gross Margin = 63.80% ((Revenue TTM 1.09b - Cost of Revenue TTM 396.1m) / Revenue TTM)
Tobins Q-Ratio = -8.45 (set to none) (Enterprise Value 12.50b / Book Value Of Equity -1.48b)
Interest Expense / Debt = 0.88% (Interest Expense 29.1m / Debt 3.29b)
Taxrate = 99.82% (set to none) (from yearly Income Tax Expense: 391.2m / 391.9m)
NOPAT = unknown (EBIT/Op.Income or Taxrate missing)
Current Ratio = 0.20 (Total Current Assets 8.74m / Total Current Liabilities 43.2m)
Debt / Equity = 1.17 (Debt 3.29b / last Quarter total Stockholder Equity 2.81b)
Debt / EBITDA = 4.66 (Net Debt -8.74m / EBITDA 706.0m)
Debt / FCF = 5.36 (Debt 3.29b / FCF TTM 613.9m)
Total Stockholder Equity = 2.83b (last 4 quarters mean)
RoA = 5.59% (Net Income 374.8m, Total Assets 6.71b )
RoE = 13.25% (Net Income TTM 374.8m / Total Stockholder Equity 2.83b)
RoCE = 8.15% (Ebit 474.0m / (Equity 2.83b + L.T.Debt 2.99b))
RoIC = 7.07% (Ebit 474.0m / (Assets 6.71b - Current Assets 8.74m))
WACC = unknown (E(9.22b)/V(12.51b) * Re(7.38%)) + (D(3.29b)/V(12.51b) * Rd(0.88%) * (1-Tc(none)))
Shares Correlation 5-Years: 100.0 | Cagr: 2.99%
Discount Rate = 7.38% (= CAPM, Blume Beta Adj.) -> floored to rf + ERP 8.05%
[DCF Debug] Terminal Value 78.92% ; FCFE base≈608.6m ; Y1≈636.0m ; Y5≈736.8m
Fair Price DCF = 56.70 (DCF Value 12.93b / Shares Outstanding 228.0m; 5y FCF grow 4.80% → 3.0% )
Revenue Correlation: 83.44 | Revenue CAGR: 2.84%
Rev Growth-of-Growth: 1.63
EPS Correlation: 19.67 | EPS CAGR: -3.27%
EPS Growth-of-Growth: -26.67

Additional Sources for CUBE Stock

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