Storagevault Canada (SVI) AI Stock Analysis

• Market Cap: C$1.73B
• Dividend Yield: 0.25%
• Average Volume (3M): 243.61K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.56
• Revenue Growth: 9.98%
• EPS Growth: 93.01%
• Country: CA
• Employees: 900
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): 0.06
• Shares Outstanding: 365,215,900
• 10 Day Avg. Volume: 333,709
• 30 Day Avg. Volume: 243,606
• 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$5.80
• Price Target Upside: 22.36% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 5
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 58 Neutral
• Price Target: C$5.50 ▲(16.03% Upside)

Storagevault Canada's overall stock score reflects a mixed financial performance with high leverage and negative profitability, offset by strong cash flow generation. Technical analysis indicates positive momentum, while valuation metrics are unfavorable due to ongoing losses. Positive corporate events, including successful capital raises and strategic expansions, enhance the company's financial flexibility and growth prospects.

Positive Factors

Cash Flow Generation

Strong cash flow generation indicates the company's ability to fund operations and investments, providing a buffer against financial challenges.

Revenue Model

A subscription-based revenue model offers predictable income streams and potential for stable long-term growth, especially with optimized pricing strategies.

Operational Efficiency

Stable operational efficiency reflects effective management and cost control, supporting long-term profitability despite current net income challenges.

Negative Factors

High Leverage

High leverage increases financial risk and limits flexibility, potentially impacting the company's ability to invest in growth or weather downturns.

Profitability Challenges

Persistent profitability issues can hinder reinvestment and growth opportunities, posing a long-term risk to financial health and shareholder value.

Negative Equity Returns

Negative equity returns indicate inefficient use of shareholder funds, which can deter investment and affect the company's ability to raise capital.

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 primarily generates revenue through the rental of storage units to customers. The company's revenue model is based on monthly subscription fees paid by customers for the use of storage space. Additional revenue streams include the sale of moving supplies, such as boxes and packing materials, as well as ancillary services like truck rentals. Storagevault enhances its earnings through optimized pricing strategies, promotional discounts, and partnerships with local businesses, which can drive customer referrals. Seasonal demand fluctuations also contribute to revenue, as the company often experiences increased business during moving seasons.

Storagevault Canada Financial Statement Overview

Summary

Storagevault Canada faces challenges with profitability and high leverage, as seen in its income statement and balance sheet. While revenue growth is modest, the persistent negative net income and high debt levels pose significant risks. However, the company shows strength in cash flow generation, which could support future financial stability if leveraged effectively. The overall financial health is mixed, with notable risks and some areas of potential improvement.

Income Statement

Storagevault Canada shows modest revenue growth in recent periods, with a TTM revenue growth rate of 3.04%. However, the company struggles with profitability, as indicated by negative net profit margins across all periods, with the TTM net profit margin at -9.75%. The gross profit margin has decreased from previous years, indicating potential cost pressures. The EBIT and EBITDA margins are relatively stable, suggesting operational efficiency, but the negative net income remains a concern.

Balance Sheet

The balance sheet reveals high leverage, with a TTM debt-to-equity ratio of 22.70, indicating significant reliance on debt financing. This poses a risk, especially with negative return on equity, which was -25.12% in the TTM period. The equity ratio is low, reflecting limited equity buffer against liabilities. The company's financial stability is challenged by its high debt levels and negative equity returns.

Cash Flow

Cash flow analysis shows a positive trend in free cash flow growth, with a TTM growth rate of 43.26%. The operating cash flow to net income ratio is strong at 2.75, indicating good cash generation relative to net income. However, the free cash flow to net income ratio is 0.73, suggesting that while cash flow is improving, it is not yet sufficient to cover net losses fully. Overall, cash flow generation is a relative strength for the company.

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	141.35M	109.89M	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: Negative
• Last Price: 4.74
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

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 4.74 is below the 20-day moving average (MA) of 4.84, below the 50-day MA of 4.87, and above the 200-day MA of 4.38, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 43.43 is Neutral, neither overbought nor oversold. The STOCH value of 18.78 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:SVI.

Storagevault Canada Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MEQ	74 Outperform	C$1.71B	5.56	19.75%	0.09%	14.29%	144.57%
IEI	74 Outperform	C$32.70M	6.72	4.45%	2.31%	2.03%	―
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
AIF	64 Neutral	C$2.37B	-41.00	3.63%	1.10%	-27.10%	-2415.77%
SVI	58 Neutral	C$1.73B	-493.75	-2.63%	0.25%	9.98%	93.01%
BRE	43 Neutral	C$125.19M	-11.62	―	10.23%	58.15%	-235.04%

Storagevault Canada Corporate Events

StorageVault Completes Over-Allotment Option, Secures Additional $7.5 Million

StorageVault Canada Inc. announced the full exercise of the over-allotment option related to its offering of senior unsecured hybrid debentures, resulting in additional gross proceeds of $7.5 million and total gross proceeds of $57.5 million. The proceeds will be used to pay down bank debt, potentially fund future acquisitions, and for general corporate purposes, which could enhance the company’s financial flexibility and growth opportunities.

StorageVault Completes $50 Million Debenture Offering

StorageVault Canada Inc. has successfully closed a $50 million bought deal offering of senior unsecured hybrid debentures, which will trade on the Toronto Stock Exchange under the symbol ‘SVI.DB.D’. The proceeds from this offering are intended to pay down existing bank debt, fund potential future acquisitions, and support general corporate purposes, enhancing StorageVault’s financial flexibility and strategic positioning in the market.

StorageVault Canada Files Prospectus for $50 Million Debenture Offering

StorageVault Canada Inc. has announced the filing of a short form prospectus for an offering of listed senior unsecured hybrid debentures due December 31, 2030, aiming to raise $50 million. The offering is contingent upon customary regulatory approvals, including from the Toronto Stock Exchange, and is not available for distribution in the United States. This move is part of StorageVault’s strategy to strengthen its financial position and expand its market presence in the Canadian storage industry.

StorageVault Canada Announces $50 Million Debenture Offering

StorageVault Canada Inc. has announced a $50 million bought deal offering of senior unsecured hybrid debentures, with the transaction led by CIBC Capital Markets and Scotiabank. The proceeds are intended to pay down existing bank debt and potentially fund future acquisitions, enhancing StorageVault’s financial flexibility and strategic growth opportunities.

StorageVault Reports Strong Q3 2025 Results and Raises Dividend

StorageVault Canada Inc. reported strong financial results for the third quarter of 2025, with significant increases in revenue and net operating income. The company announced a 7.5% increase in adjusted funds from operations per common share and a 0.5% increase in its quarterly dividend. These results underscore the company’s resilience and growth potential, as it continues to expand its operations and enhance its market position.

StorageVault Expands Management Platform and Gains from Expropriation

StorageVault Canada Inc. has finalized and received an additional $15 million in compensation from the expropriation of one of its properties, bringing the total gain to $30 million. Additionally, the company has expanded its third party management platform by adding two high-profile locations in Toronto, enhancing its presence in key urban markets and reinforcing its position as an industry leader.

StorageVault Canada Expands with $132.6 Million in Acquisitions

StorageVault Canada Inc. has completed the acquisition of four additional stores for a total of $60.8 million, funded through available cash and mortgage financing. This acquisition, along with a replacement transaction valued at $9.0 million, brings the company’s total completed transactions for the year to $132.6 million, indicating a strategic expansion in its operations.

StorageVault Canada Declares Q3 2025 Dividend

StorageVault Canada Inc. has announced a quarterly dividend of $0.002976 per common share, payable on October 15, 2025, to shareholders of record as of September 29, 2025. This announcement reflects StorageVault’s commitment to providing value to its shareholders and may enhance its attractiveness in the market by offering consistent returns.