ABACUS STORAGE KING (ASK) AI Stock Analysis

• Market Cap: AU$1.77B
• Dividend Yield: 4.13%
• Average Volume (3M): 1.57M
• Price to Earnings (P/E): 7.0
• Beta (1Y): 0.73
• Revenue Growth: 11.51%
• EPS Growth: 109.13%
• Country: AU
• Employees: 568
• 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$1.58
• Price Target Upside: 17.04% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 6
• EPS Forecast (FY): 0.06
• Revenue Forecast (FY): AU$245.05M

• Rating: 67 Neutral
• Price Target: AU$1.50 ▲(11.11% Upside)
• Action: Downgraded Date: 11/01/25
• Date: Action: Downgraded 11/01/25

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 momentum

Consistent revenue growth of ~6.3% indicates durable demand for self-storage offerings and steady pricing/occupancy trends. This supports reinvestment in facilities, scale benefits across the portfolio and long-term revenue visibility for the REIT, aiding sustainable cash generation.

Negative Factors

Subpar return on equity

ROE underperformance suggests the company may not be maximising returns on shareholder capital. Over time, this can limit equity holders' compounding and implies potential inefficiencies in asset utilization or capital allocation versus peers in the storage/industrial REIT sector.

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 fees for storage units. Customers pay monthly fees based on the size and type of unit they choose, with additional options available for climate control and security features. The comp...

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ABACUS STORAGE KING generates revenue primarily through rental fees for storage units. Customers pay monthly fees based on the size and type of unit they choose, with additional options available for climate control and security features. The comp...

ABACUS STORAGE KING Financial Statement Overview

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2023	Jun 2022	Jun 2021
Income Statement
Total Revenue	250.98M	246.46M	220.47M	201.72M	167.80M	113.92M
Gross Profit	191.85M	182.47M	167.18M	124.72M	167.79M	109.40M
EBITDA	301.71M	335.16M	165.45M	43.01M	69.83M	47.03M
Net Income	292.32M	289.05M	138.18M	20.68M	42.07M	28.90M
Balance Sheet
Total Assets	3.71B	3.61B	3.23B	512.72M	558.76M	410.23M
Cash, Cash Equivalents and Short-Term Investments	73.19M	119.50M	181.83M	21.73M	38.03M	16.02M
Total Debt	1.24B	1.15B	995.32M	172.65M	240.34M	181.65M
Total Liabilities	1.36B	1.28B	1.11B	250.93M	318.25M	234.24M
Stockholders Equity	2.35B	2.33B	2.12B	261.79M	240.51M	175.99M
Cash Flow
Free Cash Flow	78.51M	83.83M	73.84M	91.58M	83.17M	53.14M
Operating Cash Flow	84.25M	88.73M	73.84M	99.36M	86.47M	59.74M
Investing Cash Flow	-254.34M	-121.17M	-7.98M	-23.03M	-66.33M	-54.69M
Financing Cash Flow	160.30M	62.82M	-12.57M	-94.19M	2.02M	-17.03M

ABACUS STORAGE KING Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.35
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• 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 Negative. The current price of 1.35 is below the 20-day moving average (MA) of 1.37, below the 50-day MA of 1.45, and below the 200-day MA of 1.46, indicating a bearish trend. The MACD of -0.03 indicates Negative momentum. The RSI at 41.46 is Neutral, neither overbought nor oversold. The STOCH value of 41.05 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DXI	70 Outperform	AU$755.10M	4.92	6.84%	6.09%	-8.67%	―
CIP	70 Outperform	AU$1.83B	7.50	5.63%	4.85%	4.39%	176.52%
BWP	69 Neutral	AU$2.68B	3.21	11.25%	4.87%	16.53%	36.39%
ASK	67 Neutral	AU$1.77B	7.03	13.00%	4.13%	11.51%	109.13%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
NSR	58 Neutral	AU$3.92B	12.96	10.94%	3.99%	10.59%	0.77%
ABG	57 Neutral	AU$857.91M	5.68	5.12%	7.11%	4.69%	―

ABACUS STORAGE KING Corporate Events