Storagevault Canada Inc (TSE:SVI)
TSX:SVI
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Storagevault Canada
(TSX:SVI)
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Rating:53Neutral
Price Target:
C$4.50
▲(2.51% Upside)
Action:ReiteratedDate:02/18/26
The score is primarily driven by mixed financial performance: strong revenue and cash-flow generation are materially offset by persistent net losses and elevated leverage with a thin equity cushion. Technical indicators add a near-term drag (below key moving averages with negative MACD), while valuation is supported by a very high dividend yield but constrained by the negative P/E.
Positive Factors
Recurring revenue model
The core business is recurring rental revenue from self-storage units, which creates predictable cash inflows and high customer lifetime value. This model supports steady occupancy-driven revenue, simplifies forecasting, and underpins durable margins versus more cyclical real-estate lines.
Negative Factors
Rising debt levels
Material increases in debt alongside shrinking equity raise leverage and interest-rate exposure. For a capital-intensive real-estate services firm, this heightens refinancing risk and elevates fixed-charge burdens, making earnings more sensitive to rate moves and reducing financial resilience over time.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring revenue model
The core business is recurring rental revenue from self-storage units, which creates predictable cash inflows and high customer lifetime value. This model supports steady occupancy-driven revenue, simplifies forecasting, and underpins durable margins versus more cyclical real-estate lines.
Read all positive factors
Storagevault Canada (SVI) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$1.61B
Dividend Yield0.25%
Average Volume (3M)243.61K
Price to Earnings (P/E)―
Beta (1Y)0.72
Revenue Growth9.98%
EPS Growth93.01%
CountryCA
Employees900
SectorReal Estate
Sector Strength53
IndustryReal Estate - Services
Share Statistics
EPS (TTM)-0.04
Shares Outstanding365,650,420
10 Day Avg. Volume333,709
30 Day Avg. Volume243,606
Financial Highlights & Ratios
PEG Ratio2.34
Price to Book (P/B)17.21
Price to Sales (P/S)5.09
P/FCF Ratio17.33
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$5.81Price Target Upside32.35% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)-0.08
Revenue Forecast (FY)C$362.40M
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...
How the Company Makes Money
SVI primarily makes money by renting self-storage units to customers on a recurring basis (typically month-to-month), generating stable rental revenue from occupancy across its facility network. Pricing generally varies by unit size, location, and...
Storagevault Canada Financial Statement Overview
Summary
Income Statement
60
Neutral
Balance Sheet
30
Negative
Cash Flow
66
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 335.06M | 304.71M | 288.72M | 261.83M | 208.66M |
| Gross Profit | 220.75M | 201.60M | 193.59M | 176.03M | 139.00M |
| EBITDA | 206.77M | 157.88M | 177.67M | 141.35M | 109.89M |
| Net Income | -12.55M | -30.22M | -1.70M | -41.24M | -35.87M |
Balance Sheet | |||||
| Total Assets | 2.41B | 2.23B | 2.04B | 2.02B | 1.84B |
| Cash, Cash Equivalents and Short-Term Investments | 15.17M | 16.34M | 13.86M | 22.53M | 25.14M |
| Total Debt | 2.24B | 2.03B | 1.77B | 1.74B | 1.54B |
| Total Liabilities | 2.31B | 2.10B | 1.85B | 1.81B | 1.61B |
| Stockholders Equity | 99.15M | 130.81M | 195.87M | 207.16M | 222.21M |
Cash Flow | |||||
| Free Cash Flow | 98.49M | 106.99M | 11.12M | 31.71M | 28.01M |
| Operating Cash Flow | 98.49M | 106.99M | 77.99M | 67.31M | 57.02M |
| Investing Cash Flow | -201.59M | -297.60M | -78.87M | -249.50M | -255.66M |
| Financing Cash Flow | 101.93M | 193.09M | -7.80M | 179.58M | 198.25M |
Storagevault Canada Technical Analysis
Negative
4.39
Price Trends
4.72
Negative
4.81
Negative
4.73
Negative
Market Momentum
-0.09
Negative
40.06
Neutral
54.55
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SVI, the sentiment is Negative. The current price of 4.39 is below the 20-day moving average (MA) of 4.45, below the 50-day MA of 4.72, and below the 200-day MA of 4.73, indicating a bearish trend. The MACD of -0.09 indicates Negative momentum. The RSI at 40.06 is Neutral, neither overbought nor oversold. The STOCH value of 54.55 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:SVI.
Storagevault Canada Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | C$1.69B | 8.83 | 17.29% | 0.09% | 10.61% | 43.64% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
61 Neutral | C$127.70M | 4.79 | 9.18% | ― | ― | ― | |
57 Neutral | C$1.97B | -157.22 | 3.63% | 1.07% | -27.10% | -2415.77% | |
57 Neutral | C$278.81M | 12.12 | 3.93% | 8.35% | 5.67% | ― | |
53 Neutral | C$1.61B | -136.04 | -2.63% | 0.25% | 9.98% | 93.01% | |
53 Neutral | C$129.08M | 17.25 | -8.54% | 10.31% | 58.15% | -235.04% |
* Real Estate Sector Average
TSE:SVI
Storagevault Canada
4.39
0.75
20.60%
TSE:AIF
Altus Group
48.86
1.65
3.49%
TSE:MEQ
Mainstreet Equity
181.85
-1.51
-0.82%
TSE:MPC
Madison Pacific Cl B
4.61
0.35
8.32%
TSE:PKT
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0.60
0.21
55.84%
TSE:BRE
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13.61
2.03
17.50%
Storagevault Canada Corporate Events
Business Operations and StrategyM&A Transactions
StorageVault Canada Closes $62.5 Million Deal for Five Self-Storage Assets
Positive
Mar 26, 2026
StorageVault Canada has expanded its national self-storage network with the completion of five store acquisitions from four vendor groups for a total of $62.5 million, paid through a mix of common shares, cash on hand, promissory notes and mortgag...
Business Operations and StrategyDividends
StorageVault Canada Declares Q1 2026 Quarterly Dividend
Positive
Mar 13, 2026
StorageVault Canada Inc. has declared a quarterly dividend of $0.003006 per common share for the first quarter of 2026, payable on April 15 to shareholders of record as of March 31, with the distribution designated as an eligible dividend for Cana...
Business Operations and StrategyStock BuybackFinancial Disclosures
StorageVault Grows Revenue 10%, Expands Platform and Signals Further Growth Ahead
Positive
Feb 12, 2026
StorageVault Canada Inc. reported full-year 2025 revenue of $335.1 million, up 10% from 2024, with net operating income rising 9.5% to $220.7 million and adjusted funds from operations increasing 3.7%, or 5.8% on a per-share basis. The company exp...
Business Operations and StrategyDelistings and Listing Changes
StorageVault to Repay 5.75% Hybrid Debentures in Full and Delist Issue from TSX
Positive
Jan 30, 2026
StorageVault Canada Inc. plans to fully repay its 5.75% senior unsecured hybrid debentures at maturity, using cash on hand to cover 100% of the outstanding principal plus accrued and unpaid interest up to but excluding January 31, 2026, with inter...
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.