(PSA) Public Storage - Ratings and Ratios
Self Storage, Storage Facilities, Storage Units
PSA EPS (Earnings per Share)
PSA Revenue
Description: PSA Public Storage
Public Storage (NYSE:PSA) is a Real Estate Investment Trust (REIT) specializing in self-storage facilities. The company owns and operates a vast portfolio of 3,399 facilities across 40 US states, boasting approximately 247 million net rentable square feet. Additionally, PSA holds a significant 35% stake in Shurgard Self Storage Limited, which operates 318 facilities in seven Western European countries, further expanding its footprint to around 18 million net rentable square feet under the Shurgard brand.
From a financial perspective, Public Storage demonstrates robust performance. With a market capitalization of $51 billion, it is considered a large-cap stock. The companys price-to-earnings (P/E) ratio stands at 28.81, slightly higher than its forward P/E of 29.41, indicating market expectations for steady earnings growth. The return on equity (RoE) is an impressive 20.43%, suggesting effective management and a strong financial position.
To further analyze PSAs performance, key performance indicators (KPIs) such as Funds From Operations (FFO) per share, occupancy rates, and same-store sales growth are crucial. FFO is a critical metric for REITs, as it provides a clearer picture of operational cash flow. High occupancy rates and positive same-store sales growth would indicate a healthy demand for self-storage facilities, contributing to revenue stability and potential for dividend growth. PSAs extensive portfolio and diversified geographic presence are likely to contribute to its stability and growth prospects.
Considering the current market context, Public Storages financial health, operational efficiency, and growth prospects make it an attractive investment opportunity in the self-storage REIT sector. Its strong brand presence, both domestically and internationally through its stake in Shurgard, positions the company for continued success in a niche with relatively stable demand.
PSA Stock Overview
| Market Cap in USD | 51,532m |
| Sub-Industry | Self-Storage REITs |
| IPO / Inception | 1980-11-18 |
PSA Stock Ratings
| Growth Rating | 3.14% |
| Fundamental | 73.2% |
| Dividend Rating | 72.3% |
| Return 12m vs S&P 500 | -23.5% |
| Analyst Rating | 3.90 of 5 |
PSA Dividends
| Dividend Yield 12m | 4.08% |
| Yield on Cost 5y | 6.98% |
| Annual Growth 5y | 8.45% |
| Payout Consistency | 94.6% |
| Payout Ratio | 124.1% |
PSA Growth Ratios
| Growth Correlation 3m | -66% |
| Growth Correlation 12m | -72.8% |
| Growth Correlation 5y | 55.6% |
| CAGR 5y | 11.42% |
| CAGR/Max DD 5y | 0.30 |
| Sharpe Ratio 12m | 0.32 |
| Alpha | -19.87 |
| Beta | 0.426 |
| Volatility | 23.16% |
| Current Volume | 519.4k |
| Average Volume 20d | 639.3k |
| Stop Loss | 285.7 (-3%) |
| Signal | 1.49 |
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income (1.81b TTM) > 0 and > 6% of Revenue (6% = 285.0m TTM) |
| FCFTA 0.14 (>2.0%) and ΔFCFTA -0.22pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 10.10% (prev -0.91%; Δ 11.02pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.15 (>3.0%) and CFO 3.15b > Net Income 1.81b (YES >=105%, WARN >=100%) |
| Net Debt (9.34b) to EBITDA (3.25b) ratio: 2.88 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.77 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (175.9m) change vs 12m ago -0.05% (target <= -2.0% for YES) |
| Gross Margin 73.00% (prev 73.99%; Δ -0.99pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 23.55% (prev 23.42%; Δ 0.13pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 7.31 (EBITDA TTM 3.25b / Interest Expense TTM 290.0m) >= 6 (WARN >= 3) |
Altman Z'' 0.58
| (A) 0.02 = (Total Current Assets 1.10b - Total Current Liabilities 624.8m) / Total Assets 20.54b |
| (B) -0.05 = Retained Earnings (Balance) -1.09b / Total Assets 20.54b |
| (C) 0.11 = EBIT TTM 2.12b / Avg Total Assets 20.17b |
| (D) -0.10 = Book Value of Equity -1.11b / Total Liabilities 11.07b |
| Total Rating: 0.58 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 73.15
| 1. Piotroski 5.50pt = 0.50 |
| 2. FCF Yield 4.68% = 2.34 |
| 3. FCF Margin 59.34% = 7.50 |
| 4. Debt/Equity 1.04 = 1.98 |
| 5. Debt/Ebitda 3.00 = -1.77 |
| 6. ROIC - WACC 7.71% = 9.64 |
| 7. RoE 18.93% = 1.58 |
| 8. Rev. Trend 95.98% = 4.80 |
| 9. Rev. CAGR 3.66% = 0.46 |
| 10. EPS Trend -54.94% = -1.37 |
| 11. EPS CAGR -52.41% = -2.50 |
What is the price of PSA shares?
Over the past week, the price has changed by +0.30%, over one month by +0.69%, over three months by -2.76% and over the past year by -10.47%.
Is Public Storage a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of PSA is around 279.61 USD . This means that PSA is currently overvalued and has a potential downside of -5.09%.
Is PSA a buy, sell or hold?
- Strong Buy: 7
- Buy: 5
- Hold: 9
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the PSA price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 323.1 | 9.7% |
| Analysts Target Price | 323.1 | 9.7% |
| ValueRay Target Price | 306.2 | 3.9% |
Last update: 2025-08-25 04:45
PSA Fundamental Data Overview
CCE Cash And Equivalents = 1.10b USD (last quarter)
P/E Trailing = 32.0644
P/E Forward = 29.9401
P/S = 10.8304
P/B = 10.2604
P/EG = 11.134
Beta = 0.848
Revenue TTM = 4.75b USD
EBIT TTM = 2.12b USD
EBITDA TTM = 3.25b USD
Long Term Debt = 9.76b USD (from longTermDebt, last quarter)
Short Term Debt = unknown (0.0)
Debt = 9.76b USD (Calculated: Short Term 0.0 + Long Term 9.76b)
Net Debt = 9.34b USD (from netDebt column, last quarter)
Enterprise Value = 60.18b USD (51.53b + Debt 9.76b - CCE 1.10b)
Interest Coverage Ratio = 7.31 (Ebit TTM 2.12b / Interest Expense TTM 290.0m)
FCF Yield = 4.68% (FCF TTM 2.82b / Enterprise Value 60.18b)
FCF Margin = 59.34% (FCF TTM 2.82b / Revenue TTM 4.75b)
Net Margin = 38.13% (Net Income TTM 1.81b / Revenue TTM 4.75b)
Gross Margin = 73.00% ((Revenue TTM 4.75b - Cost of Revenue TTM 1.28b) / Revenue TTM)
Tobins Q-Ratio = -54.27 (set to none) (Enterprise Value 60.18b / Book Value Of Equity -1.11b)
Interest Expense / Debt = 0.73% (Interest Expense 71.6m / Debt 9.76b)
Taxrate = 0.22% (from yearly Income Tax Expense: 4.67m / 2.09b)
NOPAT = 2.11b (EBIT 2.12b * (1 - 0.22%))
Current Ratio = 1.77 (Total Current Assets 1.10b / Total Current Liabilities 624.8m)
Debt / Equity = 1.04 (Debt 9.76b / last Quarter total Stockholder Equity 9.37b)
Debt / EBITDA = 3.00 (Net Debt 9.34b / EBITDA 3.25b)
Debt / FCF = 3.46 (Debt 9.76b / FCF TTM 2.82b)
Total Stockholder Equity = 9.57b (last 4 quarters mean)
RoA = 8.82% (Net Income 1.81b, Total Assets 20.54b )
RoE = 18.93% (Net Income TTM 1.81b / Total Stockholder Equity 9.57b)
RoCE = 10.97% (Ebit 2.12b / (Equity 9.57b + L.T.Debt 9.76b))
RoIC = 14.20% (NOPAT 2.11b / Invested Capital 14.89b)
WACC = 6.49% (E(51.53b)/V(61.29b) * Re(7.58%)) + (D(9.76b)/V(61.29b) * Rd(0.73%) * (1-Tc(0.00)))
Shares Correlation 5-Years: -60.0 | Cagr: -0.02%
Discount Rate = 7.58% (= CAPM, Blume Beta Adj.) -> floored to rf + ERP 8.05%
[DCF Debug] Terminal Value 78.66% ; FCFE base≈2.79b ; Y1≈2.87b ; Y5≈3.20b
Fair Price DCF = 321.1 (DCF Value 56.34b / Shares Outstanding 175.5m; 5y FCF grow 2.50% → 3.0% )
Revenue Correlation: 95.98 | Revenue CAGR: 3.66%
Rev Growth-of-Growth: -2.49
EPS Correlation: -54.94 | EPS CAGR: -52.41%
EPS Growth-of-Growth: 27.41
Additional Sources for PSA Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle