SHURGARD SELF STORAGE LTD (SHUR.BR) Stock Fundamental Analysis
Europe - Euronext Brussels - EBR:SHUR - GG00BQZCBZ44 - REIT
31.425 EUR
+0.03 (+0.08%)
We assign a fundamental rating of 6 out of 10 to SHUR. SHUR was compared to 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 This makes SHUR very considerable for value investing!
1. Profitability
1.1 Basic Checks
- SHUR had positive earnings in the past year.
- SHUR had a positive operating cash flow in the past year.
- Each year in the past 5 years SHUR has been profitable.
- In the past 5 years SHUR always reported a positive cash flow from operatings.
1.2 Ratios
- SHUR's Return On Assets of 8.00% is amongst the best of the industry. SHUR outperforms 100.00% of its industry peers.
- SHUR has a Return On Equity of 13.15%. This is amongst the best in the industry. SHUR outperforms 100.00% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 2.77%, SHUR belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital 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
- Looking at the Profit Margin, with a value of 128.61%, SHUR belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
- In the last couple of years the Profit Margin of SHUR has grown nicely.
- Looking at the Operating Margin, with a value of 56.18%, SHUR belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
- SHUR's Operating Margin has been stable in the last couple of years.
- SHUR has a Gross Margin of 69.39%. This is amongst the best in the industry. SHUR outperforms 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.
- SHUR has a worse debt/assets ratio than last year.
2.2 Solvency
- Based on the Altman-Z score of 1.54, we must say that SHUR is in the distress zone and has some risk of bankruptcy.
- The Altman-Z score of SHUR (1.54) is better than 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.
- SHUR's Debt to FCF ratio of 7.61 is amongst the best of the industry. SHUR outperforms 100.00% of its industry peers.
- A Debt/Equity ratio of 0.39 indicates that SHUR is not too dependend on debt financing.
- With an excellent Debt to Equity ratio value of 0.39, SHUR belongs to the best 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
WACC7.24%
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.
- Looking at the Current 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.
- 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.
- SHUR's Quick ratio of 0.97 is amongst the best of the industry. SHUR outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.97 | ||
| Quick Ratio | 0.97 |
3. Growth
3.1 Past
- SHUR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 33.41%, which is quite impressive.
- The Earnings Per Share has been growing by 19.71% on average over the past years. This is quite good.
- 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.
- Based on estimates for the next years, SHUR will show a small growth in Revenue. The Revenue will grow by 6.31% on average per year.
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
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 5.47 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.
- The average S&P500 Price/Earnings ratio is at 27.30. SHUR is valued rather cheaply when compared to this.
- Based on the Price/Forward Earnings ratio of 17.10, the valuation of SHUR can be described as rather expensive.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of SHUR indicates a rather cheap valuation: SHUR is cheaper than 100.00% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.04, SHUR is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.47 | ||
| Fwd PE | 17.1 |
4.2 Price Multiples
- SHUR's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. SHUR is cheaper than 100.00% of the companies in the same industry.
- 100.00% of the companies in the same industry are more expensive than SHUR, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.2 | ||
| EV/EBITDA | 18.68 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates SHUR does not grow enough to justify the current Price/Earnings ratio.
- The excellent profitability rating of SHUR may justify a higher PE ratio.
PEG (NY)9.66
PEG (5Y)0.28
EPS Next 2Y1.79%
EPS Next 3Y3.83%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 2.60%, SHUR has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 1.30, 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 1.92, SHUR pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.6% |
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%
EBR:SHUR (1/14/2026, 10:43:01 AM)
31.425
+0.03 (+0.08%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Earnings (Last)11-06 2025-11-06
Earnings (Next)02-26 2026-02-26
Inst Owners53.96%
Inst Owner ChangeN/A
Ins Owners0.19%
Ins Owner ChangeN/A
Market Cap3.17B
Revenue(TTM)440.20M
Net Income(TTM)566.14M
Analysts74.17
Price Target40.99 (30.44%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.6% |
Yearly Dividend0.72
Dividend Growth(5Y)N/A
DP5.04%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-0.44%
PT rev (3m)0.99%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)1.36%
EPS NY rev (3m)-0.03%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)6.09%
Revenue NY rev (3m)6.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.47 | ||
| Fwd PE | 17.1 | ||
| P/S | 7.21 | ||
| P/FCF | 14.2 | ||
| P/OCF | 13.95 | ||
| P/B | 0.74 | ||
| P/tB | 0.74 | ||
| EV/EBITDA | 18.68 |
EPS(TTM)5.74
EY18.27%
EPS(NY)1.84
Fwd EY5.85%
FCF(TTM)2.21
FCFY7.04%
OCF(TTM)2.25
OCFY7.17%
SpS4.36
BVpS42.63
TBVpS42.5
PEG (NY)9.66
PEG (5Y)0.28
Graham Number74.2
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8% | ||
| ROE | 13.15% | ||
| ROCE | 3.61% | ||
| ROIC | 2.77% | ||
| ROICexc | 2.83% | ||
| ROICexgc | 2.84% | ||
| OM | 56.18% | ||
| PM (TTM) | 128.61% | ||
| GM | 69.39% | ||
| FCFM | 50.74% |
ROA(3y)9.46%
ROA(5y)9.59%
ROE(3y)14.96%
ROE(5y)15.36%
ROIC(3y)3.07%
ROIC(5y)3.25%
ROICexc(3y)3.17%
ROICexc(5y)3.38%
ROICexgc(3y)3.18%
ROICexgc(5y)3.38%
ROCE(3y)4%
ROCE(5y)4.23%
ROICexgc growth 3Y-6.48%
ROICexgc growth 5Y-6.53%
ROICexc growth 3Y-6.5%
ROICexc growth 5Y-6.54%
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%
F-Score4
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.39 | ||
| Debt/FCF | 7.61 | ||
| Debt/EBITDA | 6.7 | ||
| Cap/Depr | 74.57% | ||
| Cap/Sales | 0.92% | ||
| Interest Coverage | 6.68 | ||
| Cash Conversion | 89.99% | ||
| Profit Quality | 39.46% | ||
| Current Ratio | 0.97 | ||
| Quick Ratio | 0.97 | ||
| Altman-Z | 1.54 |
F-Score4
WACC7.24%
ROIC/WACC0.38
Cap/Depr(3y)106.78%
Cap/Depr(5y)102.04%
Cap/Sales(3y)1%
Cap/Sales(5y)0.91%
Profit Quality(3y)39.01%
Profit Quality(5y)40.47%
High Growth Momentum
Growth
EPS 1Y (TTM)33.41%
EPS 3Y-6.29%
EPS 5Y19.71%
EPS Q2Q%84.46%
EPS Next Y0.57%
EPS Next 2Y1.79%
EPS Next 3Y3.83%
EPS Next 5Y7.91%
Revenue 1Y (TTM)18.04%
Revenue growth 3Y10.61%
Revenue growth 5Y9.6%
Sales Q2Q%17.79%
Revenue Next Year22.64%
Revenue Next 2Y11.91%
Revenue Next 3Y10.61%
Revenue Next 5Y6.31%
EBIT growth 1Y16.81%
EBIT growth 3Y9.93%
EBIT growth 5Y9.68%
EBIT Next Year-0.51%
EBIT Next 3Y4.37%
EBIT Next 5YN/A
FCF growth 1Y12.82%
FCF growth 3Y8.52%
FCF growth 5Y11.34%
OCF growth 1Y13.08%
OCF growth 3Y8.88%
OCF growth 5Y11.4%
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.