Storagevault Canada (SVI) AI Stock Analysis

• Market Cap: C$1.71B
• Dividend Yield: 0.25%
• Average Volume (3M): 268.54K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.64
• Revenue Growth: 7.94%
• EPS Growth: -12.23%
• Country: CA
• Employees: 900
• Sector: Real Estate
• Sector Strength: 57
• Industry: Real Estate - Services
• EPS (TTM): -0.02
• Shares Outstanding: 365,004,030
• 10 Day Avg. Volume: 484,039
• 30 Day Avg. Volume: 268,538
• PEG Ratio: -0.03
• Price to Book (P/B): 11.23
• Price to Sales (P/S): 4.82
• P/FCF Ratio: 13.73
• 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: C$5.17
• Price Target Upside: 10.47% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 6

• Rating: 58 Neutral
• Price Target: C$5.00 ▲(6.84% Upside)

Storagevault Canada's stock score is driven by positive technical indicators and recent corporate events, which highlight strategic growth and resilience. However, significant risks remain due to high leverage and negative profitability, reflected in the financial performance and valuation scores. The overall score reflects a balance between these strengths and risks.

Positive Factors

Acquisitions

The company has been active in acquisitions, exceeding its 2025 target, which are expected to be highly accretive as occupancy and margins improve.

Earnings

Diluted FFO per share up 7% year-over-year in Q2/25, driven by same-property NOI growth of 5.2% from greater same-property rents and improved occupancy.

Valuation

Valuation shows StorageVault trading at a 14.0% discount to NAV estimate with a price target of $5.00, maintaining a BUY rating.

Negative Factors

Economic Concerns

Concerns about the economy and a slower pace of population growth will likely weigh on operating performance in the near term.

Interest Expense

Greater interest expense from exposure to variable rate debt and refinancing debt maturities at higher interest rates partially offset positive factors.

Vacancy

A number of the properties acquired carried greater than average vacancy, which led to lower revenue than expected.

Storagevault Canada Business Overview & Revenue Model

Company Description

StorageVault Canada Inc. owns, manages, and rents self-storage and portable storage space in Canada. It operates through three segments: Self Storage, Portable Storage, and Management Fees. The company manages 34 stores owned by third parties; and stores, shreds, and manages documents and records for customers. As of October 11, 2022, it owned and operated 236 storage locations, including 204 owned locations, as well as approximately 4,500 portable storage units in the provinces of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, and Nova Scotia. The company operates its stores under the Access Storage, Depotium Mini-Entrepots, Sentinel Storage, and Storage For Your Life brands; portable storage under the Cubeit and PUPS brands; and record management under the RecordXpress brand. It serves individuals, governments, and commercial customers. StorageVault Canada Inc. was incorporated in 2007 and is headquartered in Toronto, Canada.

How the Company Makes Money

StorageVault Canada generates revenue primarily through the rental of self-storage units. The company's key revenue streams include rental income from personal, business, and vehicle storage solutions, as well as ancillary services such as the sale of packing supplies and insurance products. StorageVault Canada's earnings are bolstered by its strategic acquisitions of existing storage facilities and the development of new sites, which expand its footprint and customer base. Additionally, the company may engage in partnerships with local businesses and real estate developers to enhance its service offerings and market reach.

Storagevault Canada Financial Statement Overview

Summary

Storagevault Canada shows consistent revenue growth and strong operational cash generation with a robust EBITDA margin. However, it faces significant profitability challenges with negative net profit margins and heavy debt reliance, posing risks to financial health.

Income Statement

The company shows consistent revenue growth over the years, with a TTM revenue increase to $309.6 million. However, the gross profit margin has declined in the latest TTM period to 49.2% from 66.2% in 2024, indicating increased costs or pricing pressure. The net profit margin remains negative, which is concerning, reflecting ongoing losses. EBITDA margin is robust at 51.6% for TTM, showing strong operational cash generation despite net losses.

Balance Sheet

The balance sheet shows high leverage with a debt-to-equity ratio of 19.68 in TTM, which is risky and limits financial flexibility. The equity ratio is low at 4.7%, indicating heavy reliance on debt financing. The company's return on equity is negative due to consistent net losses, suggesting inefficiencies in generating returns for shareholders.

Cash Flow

The operating cash flow remains strong and consistently positive, with a TTM value of $101.3 million. The free cash flow is positive but has decreased from the previous year, indicating potential challenges in cash generation post-capex. The operating cash flow to net income ratio is strong due to large non-cash expenses, but the free cash flow to net income ratio reflects the impact of ongoing net losses.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	318.99M	304.71M	288.72M	261.83M	208.66M	155.46M
Gross Profit	182.91M	201.60M	193.59M	176.03M	139.00M	104.21M
EBITDA	168.46M	157.88M	177.67M	128.10M	108.01M	84.23M
Net Income	-31.11M	-30.22M	-1.70M	-41.24M	-35.87M	-33.28M
Balance Sheet
Total Assets	2.34B	2.23B	2.04B	2.02B	1.84B	1.59B
Cash, Cash Equivalents and Short-Term Investments	21.47M	16.34M	13.86M	22.53M	25.14M	25.53M
Total Debt	2.18B	2.03B	1.77B	1.74B	1.54B	1.30B
Total Liabilities	2.24B	2.10B	1.85B	1.81B	1.61B	1.38B
Stockholders Equity	95.84M	130.81M	195.87M	207.16M	222.21M	210.18M
Cash Flow
Free Cash Flow	75.85M	106.99M	11.12M	31.71M	28.01M	15.82M
Operating Cash Flow	104.42M	106.99M	77.99M	67.31M	57.02M	43.14M
Investing Cash Flow	-245.74M	-297.60M	-78.87M	-249.50M	-255.66M	-206.92M
Financing Cash Flow	143.95M	193.09M	-7.80M	179.58M	198.25M	164.85M

Storagevault Canada Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4.68
• 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 TSE:SVI, the sentiment is Positive. The current price of 4.68 is above the 20-day moving average (MA) of 4.42, above the 50-day MA of 4.23, and above the 200-day MA of 3.99, indicating a bullish trend. The MACD of 0.16 indicates Negative momentum. The RSI at 66.81 is Neutral, neither overbought nor oversold. The STOCH value of 63.23 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:SVI.

Storagevault Canada Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MEQ	80 Outperform	C$1.82B	5.90	19.75%	0.08%	16.22%	39.56%
AIF	65 Neutral	C$2.47B	178.14	3.20%	1.13%	-23.26%	-644.01%
IEI	65 Neutral	C$36.39M	14.46	2.31%	2.08%	-3.35%	―
Sector *	63 Neutral	$6.81B	13.62	-1.43%	7.31%	4.60%	-32.65%
SVI	58 Neutral	C$1.71B	―	-23.35%	0.25%	7.94%	-12.23%
PKTEF	―	$90.23M	―	-3.10%	―	―	―
BREUF	―	$102.94M	―		8.88%	―	―

Storagevault Canada Corporate Events

StorageVault Reports Strong Q2 2025 Results and Boosts Dividend

StorageVault Canada Inc. reported strong financial results for the second quarter of 2025, with a 6.6% increase in same-store revenue and a 5.2% growth in net operating income. Despite sector challenges, the company demonstrated resilience and increased its dividend by 0.5%. The company plans to continue its strategic asset acquisitions and expansions, expecting significant future growth in net operating income, funds from operations, and adjusted funds from operations.

The most recent analyst rating on (TSE:SVI) stock is a Buy with a C$4.50 price target. To see the full list of analyst forecasts on Storagevault Canada stock, see the TSE:SVI Stock Forecast page.

StorageVault Canada Expands with $71.9 Million Acquisition

StorageVault Canada Inc. has completed the acquisition of seven stores and one adjacent vacant parcel of land for a total of $71.9 million. This acquisition, involving both arm’s length and related party transactions, is part of a larger $126.2 million transaction plan expected to conclude in the third quarter. The purchase was financed through available funds, a promissory note, and mortgage financing, and it strengthens StorageVault’s market position by expanding its storage assets across Canada.

The most recent analyst rating on (TSE:SVI) stock is a Buy with a C$6.00 price target. To see the full list of analyst forecasts on Storagevault Canada stock, see the TSE:SVI Stock Forecast page.

StorageVault Canada Declares Q2 2025 Dividend

StorageVault Canada Inc. announced a quarterly dividend of $0.002961 per common share for Q2 2025, payable on July 15, 2025, to shareholders of record as of June 30, 2025. This dividend announcement underscores the company’s commitment to returning value to its shareholders and may positively impact investor sentiment, reinforcing its stable position in the Canadian storage industry.

The most recent analyst rating on (TSE:SVI) stock is a Buy with a C$4.50 price target. To see the full list of analyst forecasts on Storagevault Canada stock, see the TSE:SVI Stock Forecast page.

StorageVault Canada Reports Successful Shareholders Meeting Outcomes

StorageVault Canada Inc. announced the results of its annual general and special shareholders meeting, where all proposed matters were approved. This includes the re-appointment of MNP LLP as auditors and the approval of unallocated options under the stock option plan. The election of directors saw six members elected, with Deborah Robinson and Mary Vitug receiving the highest approval rates, reinforcing the company’s governance and strategic direction.

The most recent analyst rating on (TSE:SVI) stock is a Buy with a C$5.75 price target. To see the full list of analyst forecasts on Storagevault Canada stock, see the TSE:SVI Stock Forecast page.