Top Page
National Storage REIT
(Sydney:NSR)
National Storage REIT (NSR) vs. S&P 500 (SPY)
National Storage REIT Business Overview & Revenue Model
National Storage REIT Financial Statement Overview
| Breakdown | ||||
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 354.69M | 331.43M | 278.06M | 217.75M | 177.91M | Gross Profit |
| 349.23M | 324.73M | 269.87M | 211.63M | 173.66M | EBIT |
| 273.76M | 193.25M | 149.44M | 109.34M | 93.60M | EBITDA |
| 292.07M | 196.08M | 152.62M | 111.68M | 95.19M | Net Income Common Stockholders |
| 230.27M | 320.40M | 620.62M | 309.71M | 121.78M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 55.24M | 67.33M | 83.65M | 95.91M | 90.35M | Total Assets |
| 5.17B | 4.58B | 4.05B | 3.25B | 2.64B | Total Debt |
| 1.49B | 1.04B | 1.08B | 868.75M | 848.29M | Net Debt |
| 1.43B | 975.17M | 996.96M | 772.84M | 757.94M | Total Liabilities |
| 1.66B | 1.20B | 1.22B | 967.23M | 918.51M | Stockholders Equity |
| 305.28M | 3.39B | 2.84B | 2.28B | 1.72B |
| Cash Flow | Free Cash Flow | |||
| 112.10M | 135.56M | 134.11M | 112.13M | 73.72M | Operating Cash Flow |
| 124.90M | 143.33M | 141.24M | 113.69M | 75.27M | Investing Cash Flow |
| -466.62M | -345.55M | -281.25M | -429.74M | -281.39M | Financing Cash Flow |
| 332.93M | 185.84M | 127.87M | 321.56M | 117.58M |
National Storage REIT Technical Analysis
National Storage REIT Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | AU$3.31B | 13.64 | 6.87% | 4.62% | 8.10% | 6.34% | |
66 Neutral | $63.23B | 64.44 | 5.14% | 1.01% | 9.68% | 273.05% | |
64 Neutral | AU$19.35B | 18.39 | 5.94% | 4.77% | 5.05% | 500.30% | |
61 Neutral | $13.71B | 30.41 | 4.54% | 4.45% | 18.41% | 86.24% | |
60 Neutral | $2.80B | 11.09 | 0.20% | 8508.36% | 6.13% | -16.84% | |
54 Neutral | $9.29B | ― | -1.94% | 5.26% | 8.59% | 16.36% | |
52 Neutral | $8.17B | ― | -9.22% | 5.62% | 0.32% | 28.89% |
National Storage REIT Corporate Events
National Storage REIT, through its subsidiary entities, has become a substantial holder in Abacus Storage King, acquiring a 5.11% voting power through 67,206,595 fully paid ordinary stapled securities. This acquisition indicates a significant investment in the storage sector, potentially enhancing National Storage REIT’s market influence and operational capabilities within the industry.
National Storage REIT (NSR) has acquired a 4.78% stake in Abacus Storage King (ASK), following a proposal by a consortium to acquire all outstanding securities in ASK. NSR views ASK as a valuable investment, noting that the consortium’s offer undervalues ASK’s assets and brand. NSR does not plan to make a competing offer and will continue to fulfill its disclosure obligations.
Pinnacle Investment Management Group Limited has increased its stake in National Storage REIT, raising its voting power from 8.95% to 10.18%. This change signifies a strengthened position for Pinnacle within the company, potentially impacting National Storage REIT’s strategic decisions and shareholder dynamics.
Pinnacle Investment Management Group Limited has increased its voting power in National Storage REIT from 7.58% to 8.95%, reflecting a significant change in its substantial holding. This adjustment in voting power may impact the company’s governance and decision-making processes, potentially influencing its strategic direction and stakeholder interests.
National Storage REIT has experienced a change in the voting power of its substantial holder, FMR LLC, which has decreased from 9.33% to 6.70%. This shift in voting power indicates a significant change in FMR LLC’s stake in the company, potentially impacting the company’s market dynamics and stakeholder interests.
National Storage REIT has announced a change in the director’s interest, with Director Simone Shah-Tsir Haslinger acquiring 30,000 fully paid ordinary stapled securities valued at $62,400. This acquisition reflects a significant personal investment by the director, potentially signaling confidence in the company’s future performance and aligning the director’s interests with those of the shareholders.
National Storage REIT announced a change in the director’s interest, with Director Inmaculada Concepcion Beaumont acquiring an additional 10,000 fully paid ordinary stapled securities, bringing the total to 47,449. This acquisition indicates a strengthened position for the director within the company, potentially impacting stakeholder confidence and the company’s market perception positively.
National Storage REIT has announced a change in the director’s interest, with Anthony Gerard Keane acquiring an additional 25,000 fully paid ordinary stapled securities through his superannuation fund. This acquisition increases his total holdings to 267,870 securities, reflecting a strategic move that may indicate confidence in the company’s future prospects.
National Storage REIT announced a change in the director’s interest, with Scott Anthony Smith acquiring 25,000 fully paid ordinary stapled securities through indirect interest held by S & J Group Pty Ltd. This acquisition reflects a continued investment in the company, potentially impacting its market perception and stakeholder confidence positively.
National Storage REIT has announced a change in the indirect interests of its director, Andrew Catsoulis. The changes involve various trusts and entities where Mr. Catsoulis holds indirect interests, including the A & K Catsoulis Superannuation Fund and the Catsoulis Family Trust. This update reflects the company’s commitment to transparency and compliance with ASX listing rules, potentially impacting stakeholders’ perception of governance and director involvement within the company.
National Storage REIT has announced the issuance of 9,635,243 fully paid ordinary units stapled securities, which will be quoted on the ASX. This move is part of a dividend or distribution plan and may influence the company’s market positioning by potentially increasing liquidity and attracting more investors.
National Storage REIT has announced an update to a previous announcement regarding its interim distribution for the fiscal year 2025. The distribution relates to a six-month period ending on December 31, 2024, and involves fully paid ordinary units stapled securities. This update is significant for stakeholders as it provides clarity on the financial performance and distribution strategy of the company, potentially impacting investor decisions and market positioning.
National Storage REIT has announced an adjustment to the exchange price of its A$300 million 3.625% Guaranteed Exchangeable Notes due 2029. The adjustment, effective from 26 February 2025, is a result of the interim distribution having a fair market value of A$0.055, impacting the exchange price from A$3.0810 to A$3.0100. This change reflects the company’s ongoing financial strategies and may influence the investment decisions of stakeholders.
National Storage REIT reported a strong financial performance for the first half of FY25, with a profit after tax of $87.9 million and underlying earnings per security of 5.7 cents. The company maintained an operating margin of 66% and increased its net tangible assets to $2.53 per stapled security. NSR completed 20 acquisitions totaling $185 million and added significant new lettable area through seven completed projects. The company also launched a joint venture with GIC to develop self-storage centers in Australia, enhancing its growth strategy. NSR continues to focus on sustainability, with significant progress in reducing emissions and increasing solar energy generation. The company reaffirms its earnings guidance for FY25, projecting a minimum of 11.8 cents per security.