SHURGARD SELF STORAGE LTD (SHUR.BR) Stock Fundamental Analysis
Europe - Euronext Brussels - EBR:SHUR - GG00BQZCBZ44 - REIT
31.5 EUR
+0.15 (+0.48%)
SHUR gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 2 industry peers in the Specialized REITs industry. While SHUR belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. SHUR may be a bit undervalued, certainly considering the very reasonable score on growth With these ratings, SHUR could be worth investigating further for value investing!.
1. Profitability
1.1 Basic Checks
- In the past year SHUR was profitable.
- SHUR had a positive operating cash flow in the past year.
- In the past 5 years SHUR has always been profitable.
- In the past 5 years SHUR always reported a positive cash flow from operatings.
1.2 Ratios
- With an excellent Return On Assets value of 8.00%, SHUR belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
- With an excellent Return On Equity value of 13.15%, SHUR belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
- SHUR's Return On Invested Capital of 2.77% is amongst the best of the industry. SHUR outperforms 100.00% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for SHUR is in line with the industry average of 2.77%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8% | ||
| ROE | 13.15% | ||
| ROIC | 2.77% |
ROA(3y)9.46%
ROA(5y)9.59%
ROE(3y)14.96%
ROE(5y)15.36%
ROIC(3y)3.07%
ROIC(5y)3.25%
1.3 Margins
- SHUR has a Profit Margin of 128.61%. This is amongst the best in the industry. SHUR outperforms 100.00% of its industry peers.
- SHUR's Profit Margin has improved in the last couple of years.
- SHUR has a better Operating Margin (56.18%) than 100.00% of its industry peers.
- SHUR's Operating Margin has been stable in the last couple of years.
- The Gross Margin of SHUR (69.39%) is better than 100.00% of its industry peers.
- In the last couple of years the Gross Margin of SHUR has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 56.18% | ||
| PM (TTM) | 128.61% | ||
| GM | 69.39% |
OM growth 3Y-0.61%
OM growth 5Y0.08%
PM growth 3Y-12.66%
PM growth 5Y11.28%
GM growth 3Y0.84%
GM growth 5Y1.63%
2. Health
2.1 Basic Checks
- SHUR has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- SHUR has more shares outstanding than it did 1 year ago.
- SHUR has more shares outstanding than it did 5 years ago.
- The debt/assets ratio for SHUR is higher compared to a year ago.
2.2 Solvency
- SHUR has an Altman-Z score of 1.54. This is a bad value and indicates that SHUR is not financially healthy and even has some risk of bankruptcy.
- SHUR's Altman-Z score of 1.54 is amongst the best of the industry. SHUR outperforms 100.00% of its industry peers.
- The Debt to FCF ratio of SHUR is 7.61, which is on the high side as it means it would take SHUR, 7.61 years of fcf income to pay off all of its debts.
- With an excellent Debt to FCF ratio value of 7.61, SHUR belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
- SHUR has a Debt/Equity ratio of 0.39. This is a healthy value indicating a solid balance between debt and equity.
- Looking at the Debt to Equity ratio, with a value of 0.39, SHUR belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.39 | ||
| Debt/FCF | 7.61 | ||
| Altman-Z | 1.54 |
ROIC/WACC0.38
WACC7.32%
2.3 Liquidity
- SHUR has a Current Ratio of 0.97. This is a bad value and indicates that SHUR is not financially healthy enough and could expect problems in meeting its short term obligations.
- With an excellent Current ratio value of 0.97, SHUR belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
- SHUR has a Quick Ratio of 0.97. This is a bad value and indicates that SHUR is not financially healthy enough and could expect problems in meeting its short term obligations.
- Looking at the Quick ratio, with a value of 0.97, SHUR belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.97 | ||
| Quick Ratio | 0.97 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 33.41% over the past year.
- SHUR shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 19.71% yearly.
- The Revenue has grown by 18.04% in the past year. This is quite good.
- The Revenue has been growing by 9.60% on average over the past years. This is quite good.
EPS 1Y (TTM)33.41%
EPS 3Y-6.29%
EPS 5Y19.71%
EPS Q2Q%84.46%
Revenue 1Y (TTM)18.04%
Revenue growth 3Y10.61%
Revenue growth 5Y9.6%
Sales Q2Q%17.79%
3.2 Future
- The Earnings Per Share is expected to grow by 7.91% on average over the next years.
- SHUR is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.31% yearly.
EPS Next Y0.57%
EPS Next 2Y1.79%
EPS Next 3Y3.83%
EPS Next 5Y7.91%
Revenue Next Year22.64%
Revenue Next 2Y11.91%
Revenue Next 3Y10.61%
Revenue Next 5Y6.31%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 5.49, which indicates a rather cheap valuation of SHUR.
- Based on the Price/Earnings ratio, SHUR is valued cheaper than 100.00% of the companies in the same industry.
- SHUR's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.30.
- With a Price/Forward Earnings ratio of 17.14, SHUR is valued on the expensive side.
- SHUR's Price/Forward Earnings ratio is rather cheap when compared to the industry. SHUR is cheaper than 100.00% of the companies in the same industry.
- SHUR's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 24.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.49 | ||
| Fwd PE | 17.14 |
4.2 Price Multiples
- 100.00% of the companies in the same industry are more expensive than SHUR, based on the Enterprise Value to EBITDA ratio.
- SHUR's Price/Free Cash Flow ratio is rather cheap when compared to the industry. SHUR is cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.24 | ||
| EV/EBITDA | 18.66 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- SHUR has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)9.68
PEG (5Y)0.28
EPS Next 2Y1.79%
EPS Next 3Y3.83%
5. Dividend
5.1 Amount
- SHUR has a Yearly Dividend Yield of 2.53%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 1.27, SHUR pays a better dividend. On top of this SHUR pays more dividend than 100.00% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.82, SHUR pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.53% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
- 5.04% of the earnings are spent on dividend by SHUR. This is a low number and sustainable payout ratio.
DP5.04%
EPS Next 2Y1.79%
EPS Next 3Y3.83%
SHURGARD SELF STORAGE LTD / SHUR.BR FAQ
What is the fundamental rating for SHUR stock?
ChartMill assigns a fundamental rating of 6 / 10 to SHUR.BR.
What is the valuation status for SHUR stock?
ChartMill assigns a valuation rating of 7 / 10 to SHURGARD SELF STORAGE LTD (SHUR.BR). This can be considered as Undervalued.
How profitable is SHURGARD SELF STORAGE LTD (SHUR.BR) stock?
SHURGARD SELF STORAGE LTD (SHUR.BR) has a profitability rating of 8 / 10.
What is the financial health of SHURGARD SELF STORAGE LTD (SHUR.BR) stock?
The financial health rating of SHURGARD SELF STORAGE LTD (SHUR.BR) is 5 / 10.
What is the expected EPS growth for SHURGARD SELF STORAGE LTD (SHUR.BR) stock?
The Earnings per Share (EPS) of SHURGARD SELF STORAGE LTD (SHUR.BR) is expected to grow by 0.57% in the next year.