National Storage Affiliates Trust (NSA)vsPublic Storage (PSA)
NSA
National Storage Affiliates Trust
$43.41
0.00%
REAL ESTATE · Cap: $6.39B
PSA
Public Storage
$296.50
+0.64%
REAL ESTATE · Cap: $55.40B
Smart Verdict
WallStSmart Research — data-driven comparison
Public Storage generates 555% more annual revenue ($4.91B vs $749.54M). PSA leads profitability with a 41.6% profit margin vs 10.5%. NSA appears more attractively valued with a PEG of 1.67. PSA earns a higher WallStSmart Score of 62/100 (C+).
NSA
Buy59
out of 100
Grade: C
PSA
Buy62
out of 100
Grade: C+
Intrinsic Value Comparison
Multi-model valuation · Graham Formula
Margin of Safety
+30.4%
Fair Value
$48.04
Current Price
$43.41
$4.63 discount
Margin of Safety
-8.4%
Fair Value
$271.04
Current Price
$296.50
$25.46 premium
Key Strengths & Concerns
Side-by-side fundamental analysis
Key Strengths
Strong operational efficiency at 35.8%
Earnings expanding 236.6% YoY
18.0% revenue growth
Keeps 42 of every $100 in revenue as profit
Strong operational efficiency at 45.7%
Large-cap with strong market position
Every $100 of equity generates 22 in profit
Earnings expanding 45.1% YoY
Areas to Watch
Expensive relative to growth rate
Premium valuation, high expectations priced in
Distress zone — elevated risk
Elevated debt levels
Moderate valuation
Trading at 10.8x book value
3.3% revenue growth
Elevated debt levels
Comparative Analysis Report
WallStSmart ResearchBull Case : NSA
The strongest argument for NSA centers on Operating Margin, EPS Growth, Revenue Growth. Revenue growth of 18.0% demonstrates continued momentum.
Bull Case : PSA
The strongest argument for PSA centers on Profit Margin, Operating Margin, Market Cap. Profitability is solid with margins at 41.6% and operating margin at 45.7%.
Bear Case : NSA
The primary concerns for NSA are PEG Ratio, P/E Ratio, Altman Z-Score. A P/E of 57.9x leaves little room for execution misses. Debt-to-equity of 3.77 is elevated, increasing financial risk.
Bear Case : PSA
The primary concerns for PSA are P/E Ratio, Price/Book, Revenue Growth.
Key Dynamics to Monitor
NSA profiles as a growth stock while PSA is a value play — different risk/reward profiles.
NSA carries more volatility with a beta of 1.06 — expect wider price swings.
NSA is growing revenue faster at 18.0% — sustainability is the question.
PSA generates stronger free cash flow (799M), providing more financial flexibility.
Bottom Line
PSA scores higher overall (62/100 vs 59/100), backed by strong 41.6% margins. NSA offers better value entry with a 30.4% margin of safety. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.
This analysis is generated from publicly available financial data. Not financial advice.
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 →Public Storage
REAL ESTATE · REIT - INDUSTRIAL · USA
Public Storage is an American international self storage company headquartered in Glendale, California, that is run as a real estate investment trust (REIT).
Visit Website →Compare with Other REIT - INDUSTRIAL Stocks
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