ABACUS STORAGE KING (ASK) AI Stock Analysis

• Market Cap: AU$1.86B
• Dividend Yield: 4.25%
• Average Volume (3M): 1.57M
• Price to Earnings (P/E): 6.4
• Beta (1Y): 0.93
• Revenue Growth: 11.51%
• EPS Growth: 109.13%
• Country: AU
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Industrial
• EPS (TTM): 0.03
• Shares Outstanding: 1,314,102,900
• 10 Day Avg. Volume: 1,237,646
• 30 Day Avg. Volume: 1,571,788
• PEG Ratio: 0.06
• Price to Book (P/B): 0.87
• Price to Sales (P/S): 8.21
• P/FCF Ratio: 24.14
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$1.52
• Price Target Upside: 4.11% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 67 Neutral
• Price Target: AU$1.50 ▲(2.74% 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.

Positive Factors

Revenue Growth

Consistent revenue growth indicates a strong market position and effective business model, enhancing long-term financial stability.

Cash Flow Generation

Robust cash flow generation supports operational activities and provides flexibility for future investments and debt management.

Leverage Position

A moderate debt-to-equity ratio indicates prudent financial management, reducing risk and enhancing financial stability.

Negative Factors

Return on Equity

Lower return on equity suggests inefficiencies in using equity capital, potentially impacting long-term shareholder value.

Net Profit Margin

Inflated net profit margins from non-operational factors may not be sustainable, affecting future profitability assessments.

Free Cash Flow Variability

Variability in free cash flow generation can affect the company's ability to fund operations and growth consistently.

ABACUS STORAGE KING Business Overview & Revenue Model

Company Description

Abacus 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 Money

ABACUS 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 solid financial health with strong revenue growth and efficient operations. The balance sheet reflects a stable leverage position, though there is room for improvement in return on equity. Cash flow generation is robust, supporting the company's operational and financial activities.

Income Statement

ABACUS STORAGE KING shows a strong revenue growth trajectory with a 6.32% increase in the latest year. The company maintains high gross profit margins, although the net profit margin is inflated due to non-operational factors. EBIT and EBITDA margins are robust, indicating efficient operational management.

Balance Sheet

The company's debt-to-equity ratio is moderate at 0.49, reflecting a balanced leverage position. The equity ratio is healthy, suggesting a stable financial structure. However, the return on equity has room for improvement, indicating potential inefficiencies in generating shareholder returns.

Cash Flow

Operating cash flow and free cash flow have shown positive growth, with a notable 12.55% increase in free cash flow. The operating cash flow to net income ratio is strong, suggesting good cash conversion from earnings. However, the free cash flow to net income ratio indicates some variability in cash flow generation.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	247.26M	246.46M	220.47M	201.72M	167.80M	113.92M
Gross Profit	191.05M	182.47M	167.18M	124.72M	167.79M	109.40M
EBITDA	334.79M	335.16M	165.45M	43.01M	69.83M	47.03M
Net Income	289.05M	289.05M	138.18M	20.68M	42.07M	28.90M
Balance Sheet
Total Assets	3.61B	3.61B	3.23B	512.72M	558.76M	410.23M
Cash, Cash Equivalents and Short-Term Investments	119.50M	119.50M	181.83M	21.73M	38.03M	16.02M
Total Debt	1.15B	1.15B	995.32M	172.65M	240.34M	181.65M
Total Liabilities	1.28B	1.28B	1.11B	250.93M	318.25M	234.24M
Stockholders Equity	2.33B	2.33B	2.12B	261.79M	240.51M	175.99M
Cash Flow
Free Cash Flow	83.83M	83.83M	73.84M	91.58M	83.17M	53.14M
Operating Cash Flow	88.73M	88.73M	73.84M	99.36M	86.47M	59.74M
Investing Cash Flow	-121.17M	-121.17M	-7.98M	-23.03M	-66.33M	-54.69M
Financing Cash Flow	62.82M	62.82M	-12.57M	-94.19M	2.02M	-17.03M

ABACUS STORAGE KING Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.46
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ASK, the sentiment is Positive. The current price of 1.46 is above the 20-day moving average (MA) of 1.41, above the 50-day MA of 1.41, and above the 200-day MA of 1.42, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 57.60 is Neutral, neither overbought nor oversold. The STOCH value of 65.60 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:ASK.

ABACUS STORAGE KING Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DXI	70 Outperform	AU$894.70M	10.63	7.99%	5.90%	-8.67%	―
CIP	70 Outperform	AU$2.20B	16.75	5.38%	4.79%	4.39%	176.52%
BWP	68 Neutral	AU$2.76B	10.24	9.58%	4.90%	16.53%	36.39%
ASK	67 Neutral	AU$1.86B	6.43	13.00%	4.25%	11.51%	109.13%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
NSR	62 Neutral	AU$3.19B	13.31	6.61%	4.10%	10.59%	0.77%
ABG	57 Neutral	AU$1.07B	39.87	1.70%	7.08%	4.69%	―

ABACUS STORAGE KING Corporate Events

Abacus Storage King Announces 2025 Annual General Meeting

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

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

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

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

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

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

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

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

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.