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ABACUS STORAGE KING (AU:ASK)
ASX:ASK
Australian Market
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ABACUS STORAGE KING (ASK) AI Stock Analysis

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AU:ASK

ABACUS STORAGE KING

(Sydney:ASK)

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Neutral 67 (OpenAI - 4o)
Rating:67Neutral
Price Target:
AU$1.50
▲(5.63% Upside)
ABACUS STORAGE KING's strong financial performance and attractive valuation are the primary drivers of its score. However, technical indicators suggest weak market momentum, which tempers the overall outlook. The absence of earnings call data and corporate events limits additional insights.

ABACUS STORAGE KING (ASK) vs. iShares MSCI Australia ETF (EWA)

ABACUS STORAGE KING Business Overview & Revenue Model

Company DescriptionAbacus Storage King owns, operates, and manages a self-storage operating platform in Australia and New Zealand. The company is based in Sydney, Australia. Abacus Storage King operates as a subsidiary of Abacus Storage Operations Limited.
How the Company Makes MoneyABACUS STORAGE KING generates revenue primarily through rental income from its storage units. Customers pay monthly fees for the use of storage spaces, which vary in price based on the size and type of unit rented. Additionally, the company may earn money through ancillary services such as packaging supplies, insurance offerings for stored items, and rental services for moving equipment. Key partnerships with local businesses and real estate developers can also enhance revenue opportunities by providing tailored storage solutions for their clients, thus expanding ASK's customer base and increasing occupancy rates.

ABACUS STORAGE KING Financial Statement Overview

Summary
ABACUS STORAGE KING demonstrates robust financial health with strong profitability and efficient operations. The company is growing its revenue and profits while maintaining a solid balance sheet with manageable debt levels. Cash flow management is stable, though improvements in operating cash flow would enhance financial flexibility.
Income Statement
The company shows strong revenue growth, with a 9.28% increase from the previous year. Gross profit margin stands at 75.83%, indicating efficient cost management. The net profit margin improved significantly to 62.68%, reflecting high profitability. Both EBIT and EBITDA margins are robust at 51.09% and 75.06%, respectively, showcasing operational efficiency.
Balance Sheet
The balance sheet reveals a solid equity base with a debt-to-equity ratio of 0.47, suggesting manageable leverage. Return on equity is impressive at 6.53%, indicating effective use of shareholder funds. The equity ratio of 65.50% highlights a strong equity position relative to total assets, reducing financial risk.
Cash Flow
Despite a decrease in operating cash flow, the company maintains a healthy free cash flow. The operating cash flow to net income ratio is 0.53, and free cash flow to net income ratio is 0.53, which are moderate. Although free cash flow growth has declined, the company remains cash generative, supporting future operations and investments.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue246.46M220.47M201.72M167.80M113.92M
Gross Profit182.47M167.18M124.72M167.79M109.40M
EBITDA335.16M165.45M43.01M69.83M47.03M
Net Income289.05M138.18M20.68M42.07M28.90M
Balance Sheet
Total Assets3.61B3.23B512.72M558.76M410.23M
Cash, Cash Equivalents and Short-Term Investments119.50M181.83M21.73M38.03M16.02M
Total Debt1.15B995.32M172.65M240.34M181.65M
Total Liabilities1.28B1.11B250.93M318.25M234.24M
Stockholders Equity2.33B2.12B261.79M240.51M175.99M
Cash Flow
Free Cash Flow83.83M73.84M91.58M83.17M53.14M
Operating Cash Flow88.73M73.84M99.36M86.47M59.74M
Investing Cash Flow-121.17M-7.98M-23.03M-66.33M-54.69M
Financing Cash Flow62.82M-12.57M-94.19M2.02M-17.03M

ABACUS STORAGE KING Technical Analysis

Technical Analysis Sentiment
Negative
Last Price1.42
Price Trends
50DMA
1.42
Negative
100DMA
1.48
Negative
200DMA
1.39
Positive
Market Momentum
MACD
<0.01
Negative
RSI
42.07
Neutral
STOCH
21.13
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ASK, the sentiment is Negative. The current price of 1.42 is above the 20-day moving average (MA) of 1.41, above the 50-day MA of 1.42, and above the 200-day MA of 1.39, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 42.07 is Neutral, neither overbought nor oversold. The STOCH value of 21.13 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:ASK.

ABACUS STORAGE KING Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AU$904.22M10.667.99%5.83%-8.67%
AU$2.17B16.465.38%4.64%4.39%176.52%
AU$2.78B10.329.58%4.86%16.53%36.39%
AU$1.88B6.4813.00%4.37%11.51%109.13%
$2.17B12.193.79%4.94%3.15%1.96%
AU$3.35B13.896.61%4.83%10.59%0.77%
AU$1.09B40.701.70%7.17%4.69%
* Real Estate Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:ASK
ABACUS STORAGE KING
1.40
0.24
20.69%
AU:BWP
BWP Trust
3.84
0.59
18.15%
AU:DXI
Dexus Industria REIT
2.86
0.37
14.86%
AU:CIP
Centuria Industrial REIT
3.54
0.65
22.49%
AU:NSR
National Storage REIT
2.30
-0.08
-3.36%
AU:ABG
Abacus Property Group
1.20
0.11
10.09%

ABACUS STORAGE KING Corporate Events

Abacus Storage King Announces 2025 Annual General Meeting
Oct 13, 2025

Abacus Storage King has announced its 2025 Annual General Meeting, scheduled for November 11, 2025, in Sydney. The company emphasizes the importance of shareholder participation in the meeting, offering options for voting in person or via proxy. This meeting is significant for stakeholders as it involves decisions impacting their holdings and the company’s future operations.

The most recent analyst rating on (AU:ASK) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on ABACUS STORAGE KING stock, see the AU:ASK Stock Forecast page.

Abacus Storage King Unveils FY25 Sustainability Report
Sep 18, 2025

Abacus Storage King has released its Sustainability Report for the financial year ending June 2025, outlining its commitment to sustainability through initiatives focused on people, planet, and governance. The report highlights the company’s efforts in reducing its environmental footprint, ensuring safety and wellbeing for its stakeholders, and maintaining a robust governance framework. These initiatives are part of ASK’s strategy to enhance its operational resilience and industry positioning, reflecting its dedication to sustainable practices.

The most recent analyst rating on (AU:ASK) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on ABACUS STORAGE KING stock, see the AU:ASK Stock Forecast page.

Abacus Storage King Announces Cessation of Securities
Sep 3, 2025

Abacus Storage King announced the cessation of 93,265 LTI rights due to unmet conditions, highlighting a lapse in conditional rights. This cessation may impact the company’s capital structure and could influence stakeholder perceptions regarding the company’s operational efficiency and strategic execution.

The most recent analyst rating on (AU:ASK) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on ABACUS STORAGE KING stock, see the AU:ASK Stock Forecast page.

Abacus Storage King Issues Unquoted Securities for Employee Incentive
Aug 29, 2025

Abacus Storage King announced the issuance of 19,372 LTI Rights as part of an employee incentive scheme, which are unquoted securities not intended for ASX listing. This move is aimed at enhancing employee engagement and aligning their interests with the company’s long-term goals, potentially impacting its operational efficiency and stakeholder value.

The most recent analyst rating on (AU:ASK) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on ABACUS STORAGE KING stock, see the AU:ASK Stock Forecast page.

Public Storage Ceases Substantial Holding in Abacus Storage King
Aug 27, 2025

Abacus Storage King announced that Public Storage and its controlled entities have ceased to be substantial holders in the company as of August 26, 2025. This change follows the termination of a Joint Acquisition Deed between Public Storage’s subsidiary, PS Apollo, LLC, and Ki Corporation Limited, which involved a significant number of stapled securities. The termination of this agreement indicates a shift in the company’s ownership structure, potentially impacting its market positioning and stakeholder interests.

The most recent analyst rating on (AU:ASK) stock is a Hold with a A$1.73 price target. To see the full list of analyst forecasts on ABACUS STORAGE KING stock, see the AU:ASK Stock Forecast page.

Abacus Storage King Releases 2025 Corporate Governance Statement
Aug 14, 2025

Abacus Storage King has released its corporate governance statement for the financial year ending June 30, 2025, which is available on their website. This statement, approved by the board, outlines the company’s adherence to the ASX Corporate Governance Council’s recommendations, ensuring transparency and compliance in their operations.

The most recent analyst rating on (AU:ASK) stock is a Hold with a A$1.28 price target. To see the full list of analyst forecasts on ABACUS STORAGE KING stock, see the AU:ASK Stock Forecast page.

Abacus Storage King Unveils FY25 Results and Strategic Outlook
Aug 14, 2025

Abacus Storage King has released its FY25 results, highlighting key growth drivers and updates on its portfolio and platform. The announcement provides insights into the company’s financial metrics and capital structure, offering guidance on future outlooks. This release is significant for stakeholders as it outlines the company’s strategic direction and potential impacts on its operations and market positioning.

The most recent analyst rating on (AU:ASK) stock is a Hold with a A$1.28 price target. To see the full list of analyst forecasts on ABACUS STORAGE KING stock, see the AU:ASK Stock Forecast page.

ABACUS STORAGE KING Finalizes Dividend Distribution Details
Aug 13, 2025

ABACUS STORAGE KING has announced an update to its previous dividend distribution details, confirming the final distribution for the period ending June 30, 2025. This update provides clarity on the financial aspects for stakeholders, with the record date set for July 1, 2025, and the ex-date on June 30, 2025, reflecting the company’s commitment to transparent financial reporting.

The most recent analyst rating on (AU:ASK) stock is a Hold with a A$1.28 price target. To see the full list of analyst forecasts on ABACUS STORAGE KING stock, see the AU:ASK Stock Forecast page.

Abacus Storage King Reports Robust Financial Growth for FY2025
Aug 13, 2025

Abacus Storage King reported a significant increase in financial performance for the year ending June 30, 2025, with total revenue and other income rising by 69.3% to $482.4 million and net profit after tax surging by 109.2% to $289.0 million. Despite a slight decrease in underlying earnings, the company’s strong revenue growth and profit increase highlight its robust market positioning and potential positive implications for stakeholders.

The most recent analyst rating on (AU:ASK) stock is a Hold with a A$1.28 price target. To see the full list of analyst forecasts on ABACUS STORAGE KING stock, see the AU:ASK Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Nov 01, 2025