Extra Space Valuation

EXR Stock  USD 146.75  6.29  4.48%   
At this time, the firm appears to be fairly valued. Extra Space Storage shows a prevailing Real Value of $150.28 per share. The current price of the firm is $146.75. Our model computes the value of Extra Space Storage from reviewing the firm fundamentals such as Current Valuation of 40.87 B, profit margin of 0.31 %, and Shares Outstanding of 211.58 M as well as analyzing its technical indicators and probability of bankruptcy. In general, most investors advise buying undervalued instruments and selling overvalued instruments since, at some point, asset prices and their ongoing real values will submerge.
Price Book
2.065
Enterprise Value
40.9 B
Enterprise Value Ebitda
22.508
Price Sales
11.7515
Forward PE
29.3255
Fairly Valued
Today
146.75
Please note that Extra Space's price fluctuation is very steady at this time. Calculation of the real value of Extra Space Storage is based on 3 months time horizon. Increasing Extra Space's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for Extra Space Storage is useful when determining the fair value of the Extra stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of Extra Space. Since Extra Space is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Extra Stock. However, Extra Space's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  146.75 Real  150.28 Target  152.42 Hype  146.46 Naive  143.45
The real value of Extra Stock, also known as its intrinsic value, is the underlying worth of Extra Space Storage Company, which is reflected in its stock price. It is based on Extra Space's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Extra Space's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Extra Space's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
132.08
Downside
150.28
Real Value
151.94
Upside
Estimating the potential upside or downside of Extra Space Storage helps investors to forecast how Extra stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Extra Space more accurately as focusing exclusively on Extra Space's fundamentals will not take into account other important factors:
Earnings
Estimates (0)
LowProjectedHigh
0.930.991.02
Details
Hype
Prediction
LowEstimatedHigh
144.80146.46148.12
Details
Potential
Annual Dividend
LowForecastedHigh
3.964.164.36
Details
17 Analysts
Consensus
LowTarget PriceHigh
138.70152.42169.19
Details

Extra Space Investments

(1.94 Billion)

Extra Space Valuation Ratios as Compared to Competition

Comparative valuation techniques use various fundamental indicators to help in determining Extra Space's current stock value. Our valuation model uses many indicators to compare Extra Space value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Extra Space competition to find correlations between indicators driving Extra Space's intrinsic value. More Info.
Extra Space Storage is one of the top stocks in last dividend paid category among related companies. It is one of the top stocks in price to sales category among related companies fabricating about  1.81  of Price To Sales per Last Dividend Paid. As of 03/28/2024, Price To Sales Ratio is likely to drop to 6.09. Comparative valuation analysis is a catch-all model that can be used if you cannot value Extra Space by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Extra Space's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Extra Space's earnings, one of the primary drivers of an investment's value.
Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Extra Space's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in Extra Space and how it compares across the competition.

About Extra Space Valuation

The stock valuation mechanism determines the current worth of Extra Space Storage on a weekly basis. We use both absolute as well as relative valuation methodologies to arrive at the intrinsic value of Extra Space Storage. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of Extra Space Storage based exclusively on its fundamental and basic technical indicators. By analyzing Extra Space's financials, quarterly and monthly indicators, and its related drivers such as dividends, operating cash flow, and various types of growth rates, we attempt to find the most accurate representation of Extra Space's intrinsic value. In some cases, mostly for established, large-cap companies, we also incorporate more traditional valuation methods such as dividend discount, discounted cash flow, or asset-based models. As compared to an absolute model, our relative valuation model uses a comparative analysis of Extra Space. We calculate exposure to Extra Space's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Extra Space's related companies.
Last ReportedProjected for 2024
Gross Profit2.5 B2.6 B
Pretax Profit Margin 0.34  0.21 
Operating Profit Margin 0.46  0.29 
Net Profit Margin 0.31  0.33 
Gross Profit Margin 0.98  0.58 

8 Steps to conduct Extra Space's Valuation Analysis

Company's valuation is the process of determining the worth of any company in monetary terms. It estimates Extra Space's potential worth based on factors such as financial performance, market conditions, growth prospects, and overall economic environment. The result of company valuation is a single number representing a Company's current market value. This value can be used as a benchmark for various financial transactions such as mergers and acquisitions, initial public offerings (IPOs), or private equity investments. To conduct Extra Space's valuation analysis, follow these 8 steps:
  • Gather financial information: Obtain Extra Space's financial statements, including balance sheets, income statements, and cash flow statements.
  • Determine Extra Space's revenue streams: Identify Extra Space's primary sources of revenue, including products or services offered, target markets, and pricing strategies.
  • Analyze market data: Research Extra Space's industry and market trends, including the size of the market, growth rate, and competition.
  • Establish Extra Space's growth potential: Evaluate Extra Space's management, business model, and growth potential.
  • Determine Extra Space's financial performance: Analyze its financial statements to assess its historical performance and future potential.
  • Choose a valuation method: Consider the Company's specific circumstances and choose an appropriate valuation method, such as the discounted cash flow (DCF) or comparable analysis method.
  • Calculate the value: Apply the chosen valuation method to the financial information and market data to calculate Extra Space's estimated value.
  • Review and adjust: Review the results and make necessary adjustments, considering any relevant factors that may have been missed or overlooked.
Note: This is a general outline, and different approaches and methods may be used depending on the type and size of the company being valued. We also recomment to seek professional assistance to ensure accuracy.
Extra Space's stock price is the clearest measure of market expectations about its performance. Without stock valuation, investors cannot independently discern whether Extra Space's value is low or high relative to the company's performance and growth projections. Determining the market value of Extra Space can be done in different ways, such as multiplying its stock price by its outstanding shares.
A single share of Extra Space represents a small ownership stake in the entity. As a stockholder of Extra, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.

Extra Space Dividends Analysis For Valuation

At this time, Extra Space's Dividend Yield is relatively stable compared to the past year. As of 03/28/2024, Dividend Payout Ratio is likely to grow to 1.37, though Dividends Paid is likely to grow to (994 M). . As of 03/28/2024, Retained Earnings is likely to grow to about (360.1 M). In addition to that, Retained Earnings Total Equity is likely to drop to about (154.9 M)
Last ReportedProjected for 2024
Dividends Paid-1 B-994 M
Dividend Yield 0.04  0.04 
Dividend Payout Ratio 1.30  1.37 
Dividend Paid And Capex Coverage Ratio 1.51  0.76 
There are various types of dividends Extra Space can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of Extra shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from Extra Space Storage directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When Extra pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of Extra Space by the value of the dividends paid out.

Extra Space Growth Indicators

Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines. Note, investing in growth stocks can be very risky. If the company such as Extra Space does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
Common Stock Shares Outstanding169.2 M
Quarterly Earnings Growth Y O Y-0.35
Forward Price Earnings29.3255

Extra Space Current Valuation Indicators

Valuation refers to the process of determining the present value of Extra Space Storage and all of its assets. It can be calculated using a number of techniques. As many analysts who try to value Extra we look at many different elements of the entity such as Extra's management, its prospective future earnings, the current market value of the company's assets, as well as its capital structure formation. Extra Space's valuation analysis is also a process of estimating the intrinsic value of all assets and outstanding equities. There are different methodologies and models we use to develop the final Extra Space's valuation. The techniques such as discounted cash flow and fundamental indicators such as book value per share or market capitalization are well known and widely used across most financial advisers and money managers.
Valuations are an essential part of business, for companies themselves, but also for investors. For companies, such as Extra Space, valuations can help measure their progress and success and can help them track their performance in the market compared to others. In addition, investors can use Extra Space's valuations to help determine the worth of potential investments. They can do this by using data and information made public by a company. Regardless of who the valuation is for, it essentially describes Extra Space's worth.
When determining whether Extra Space Storage is a strong investment it is important to analyze Extra Space's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Extra Space's future performance. For an informed investment choice regarding Extra Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Extra Space Storage. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Complementary Tools for Extra Stock analysis

When running Extra Space's price analysis, check to measure Extra Space's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Extra Space is operating at the current time. Most of Extra Space's value examination focuses on studying past and present price action to predict the probability of Extra Space's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Extra Space's price. Additionally, you may evaluate how the addition of Extra Space to your portfolios can decrease your overall portfolio volatility.
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Is Extra Space's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Extra Space. If investors know Extra will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Extra Space listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.35)
Dividend Share
6.48
Earnings Share
4.73
Revenue Per Share
15.454
Quarterly Revenue Growth
0.572
The market value of Extra Space Storage is measured differently than its book value, which is the value of Extra that is recorded on the company's balance sheet. Investors also form their own opinion of Extra Space's value that differs from its market value or its book value, called intrinsic value, which is Extra Space's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Extra Space's market value can be influenced by many factors that don't directly affect Extra Space's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Extra Space's value and its price as these two are different measures arrived at by different means. Investors typically determine if Extra Space is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Extra Space's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.