CUBE - NYSE

CubeSmart

CubeSmart

CUBEยทNYSE

$39.10

-1.7%
Real EstateREIT - Industrial

CubeSmart is a self-administered and self-managed real estate investment trust. The Company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers. According to the 2020 Self-Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the United States.

StatementsValue Model

At a Glance

Live Snapshot
Market Cap$8.90B
EPS1.4600
P/E Ratio24.70
Earnings Date07/30/2026
CubeSmart

CubeSmart Fair Value Envelope

CUBE ยท NYSE

Our analysis suggests that CUBE has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $39.1, this represents a potential HIDDEN relative to our calculated worth for CubeSmart.

HIDDEN
Intrinsic Value
Current Price: $39.1

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$4.1B
+ Cash & Equivalents$5.8M
Firm Value$4.1B
- Debt$3.5B
Equity Value$602.9M
/ Shares Outstanding228,035,931B
DCF Value$3
OVERVALUED BY 93%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$549.5M
$493.6M
$443.4M
$398.3M
$357.8M
$321.4M
$288.7M
$259.3M
$233.0M
$209.3M
Maintenance CapEx
-$8.0M
-$7.2M
-$6.5M
-$5.8M
-$5.2M
-$4.7M
-$4.2M
-$3.8M
-$3.4M
-$3.1M
Owner Earnings
$541.4M
$486.3M
$436.9M
$392.4M
$352.5M
$316.7M
$284.5M
$255.5M
$229.5M
$206.2M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$501.3M
$417.0M
$346.8M
$288.5M
$239.9M
$199.6M
$166.0M
$138.1M
$114.8M
$95.5M
Terminal Value represents 39.3% of Enterprise Value

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