WallStSmart

Extra Space Storage Inc (EXR)vsSmartStop Self Storage REIT, Inc. (SMA)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Extra Space Storage Inc generates 1160% more annual revenue ($3.48B vs $276.09M). EXR leads profitability with a 27.1% profit margin vs 4.7%. EXR trades at a lower P/E of 33.9x. EXR earns a higher WallStSmart Score of 51/100 (C-).

EXR

Buy

51

out of 100

Grade: C-

Growth: 4.7Profit: 7.5Value: 3.3Quality: 3.0
Piotroski: 3/9Altman Z: 0.83

SMA

Hold

45

out of 100

Grade: D+

Growth: 6.0Profit: 5.0Value: 4.0Quality: 4.0
Piotroski: 5/9Altman Z: 0.49
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

EXROvervalued (-7.2%)

Margin of Safety

-7.2%

Fair Value

$132.89

Current Price

$145.31

$12.42 premium

UndervaluedFair: $132.89Overvalued

Intrinsic value data unavailable for SMA.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

EXR3 strengths · Avg: 9.0/10
Operating MarginProfitability
44.0%10/10

Strong operational efficiency at 44.0%

Profit MarginProfitability
27.1%9/10

Keeps 27 of every $100 in revenue as profit

Price/BookValuation
2.3x8/10

Reasonable price relative to book value

SMA2 strengths · Avg: 8.0/10
Price/BookValuation
1.5x8/10

Reasonable price relative to book value

Operating MarginProfitability
21.5%8/10

Strong operational efficiency at 21.5%

Areas to Watch

EXR4 concerns · Avg: 3.5/10
P/E RatioValuation
33.9x4/10

Premium valuation, high expectations priced in

Revenue GrowthGrowth
3.8%4/10

3.8% revenue growth

Return on EquityProfitability
7.1%3/10

ROE of 7.1% — below average capital efficiency

Debt/EquityHealth
1.053/10

Elevated debt levels

SMA4 concerns · Avg: 3.3/10
EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Market CapQuality
$1.78B3/10

Smaller company, higher risk/reward

Return on EquityProfitability
1.1%3/10

ROE of 1.1% — below average capital efficiency

Profit MarginProfitability
4.7%3/10

4.7% margin — thin

Comparative Analysis Report

WallStSmart Research

Bull Case : EXR

The strongest argument for EXR centers on Operating Margin, Profit Margin, Price/Book. Profitability is solid with margins at 27.1% and operating margin at 44.0%.

Bull Case : SMA

The strongest argument for SMA centers on Price/Book, Operating Margin. Revenue growth of 13.1% demonstrates continued momentum.

Bear Case : EXR

The primary concerns for EXR are P/E Ratio, Revenue Growth, Return on Equity.

Bear Case : SMA

The primary concerns for SMA are EPS Growth, Market Cap, Return on Equity. A P/E of 100.8x leaves little room for execution misses. Thin 4.7% margins leave little buffer for downturns.

Key Dynamics to Monitor

EXR carries more volatility with a beta of 1.21 — expect wider price swings.

SMA is growing revenue faster at 13.1% — sustainability is the question.

EXR generates stronger free cash flow (386M), providing more financial flexibility.

Monitor REIT - INDUSTRIAL industry trends, competitive dynamics, and regulatory changes.

Bottom Line

EXR scores higher overall (51/100 vs 45/100), backed by strong 27.1% margins. 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.

Extra Space Storage Inc

REAL ESTATE · REIT - INDUSTRIAL · USA

Extra Space Storage is a real estate investment trust headquartered in Cottonwood Heights, Utah that invests in self storage units.

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SmartStop Self Storage REIT, Inc.

REAL ESTATE · REIT - INDUSTRIAL · USA

SmartStop Self Storage REIT, Inc. is a prominent real estate investment trust focused on acquiring, developing, and managing high-quality self-storage facilities throughout the United States and Canada. With a strong emphasis on operational efficiency and exemplary customer service, SmartStop is committed to enhancing cash flow generation and delivering long-term value for its shareholders. As a publicly traded entity, it provides institutional investors with a strategic opportunity to access the resilient self-storage sector, characterized by stable demand and reliable rental income, making SmartStop a significant contender in the dynamic real estate market.

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