WallStSmart

CubeSmart (CUBE)vsNational Storage Affiliates Trust (NSA)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

CubeSmart generates 51% more annual revenue ($1.13B vs $749.54M). CUBE leads profitability with a 28.9% profit margin vs 10.5%. NSA appears more attractively valued with a PEG of 1.67. NSA earns a higher WallStSmart Score of 59/100 (C).

CUBE

Hold

49

out of 100

Grade: D+

Growth: 3.3Profit: 8.0Value: 5.3Quality: 3.0
Piotroski: 2/9Altman Z: 0.43

NSA

Buy

59

out of 100

Grade: C

Growth: 6.7Profit: 7.0Value: 5.3Quality: 3.0
Piotroski: 4/9Altman Z: 0.33
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

CUBEUndervalued (+27.0%)

Margin of Safety

+27.0%

Fair Value

$52.92

Current Price

$40.31

$12.61 discount

UndervaluedFair: $52.92Overvalued
NSAUndervalued (+30.3%)

Margin of Safety

+30.3%

Fair Value

$47.96

Current Price

$43.43

$4.53 discount

UndervaluedFair: $47.96Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

CUBE2 strengths · Avg: 9.5/10
Operating MarginProfitability
40.3%10/10

Strong operational efficiency at 40.3%

Profit MarginProfitability
28.9%9/10

Keeps 29 of every $100 in revenue as profit

NSA3 strengths · Avg: 9.3/10
Operating MarginProfitability
35.8%10/10

Strong operational efficiency at 35.8%

EPS GrowthGrowth
236.6%10/10

Earnings expanding 236.6% YoY

Revenue GrowthGrowth
18.0%8/10

18.0% revenue growth

Areas to Watch

CUBE4 concerns · Avg: 3.5/10
P/E RatioValuation
29.3x4/10

Moderate valuation

Revenue GrowthGrowth
3.3%4/10

3.3% revenue growth

Debt/EquityHealth
1.323/10

Elevated debt levels

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

NSA4 concerns · Avg: 2.3/10
PEG RatioValuation
1.674/10

Expensive relative to growth rate

P/E RatioValuation
56.9x2/10

Premium valuation, high expectations priced in

Altman Z-ScoreHealth
0.332/10

Distress zone — elevated risk

Debt/EquityHealth
3.771/10

Elevated debt levels

Comparative Analysis Report

WallStSmart Research

Bull Case : CUBE

The strongest argument for CUBE centers on Operating Margin, Profit Margin. Profitability is solid with margins at 28.9% and operating margin at 40.3%.

Bull Case : NSA

The strongest argument for NSA centers on Operating Margin, EPS Growth, Revenue Growth. Revenue growth of 18.0% demonstrates continued momentum.

Bear Case : CUBE

The primary concerns for CUBE are P/E Ratio, Revenue Growth, Debt/Equity.

Bear Case : NSA

The primary concerns for NSA are PEG Ratio, P/E Ratio, Altman Z-Score. A P/E of 56.9x leaves little room for execution misses. Debt-to-equity of 3.77 is elevated, increasing financial risk.

Key Dynamics to Monitor

CUBE profiles as a value stock while NSA is a growth play — different risk/reward profiles.

NSA carries more volatility with a beta of 1.09 — expect wider price swings.

NSA is growing revenue faster at 18.0% — sustainability is the question.

CUBE generates stronger free cash flow (149M), providing more financial flexibility.

Bottom Line

NSA scores higher overall (59/100 vs 49/100) and 18.0% revenue growth. CUBE offers better value entry with a 27.0% margin of safety. Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

CubeSmart

REAL ESTATE · REIT - INDUSTRIAL · USA

CubeSmart is a self-managed and self-managed real estate investment trust.

Visit Website →

National Storage Affiliates Trust

REAL ESTATE · REIT - INDUSTRIAL · USA

National Storage Affiliates Trust is a Maryland real estate investment trust focused on the ownership, operation and acquisition of storage properties located within the top 100 metropolitan statistical areas of the United States.

Visit Website →

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