SHURGARD SELF STORAGE LTD (SHUR.BR) Stock Fundamental Analysis
Europe - Euronext Brussels - EBR:SHUR - GG00BQZCBZ44 - REIT
31.5 EUR
+0.15 (+0.48%)
Overall SHUR gets a fundamental rating of 6 out of 10. We evaluated SHUR against 2 industry peers in the Specialized REITs industry. While SHUR has a great profitability rating, there are some minor concerns on its financial health. SHUR scores decently on growth, while it is valued quite cheap. This could make an interesting combination. These ratings would make SHUR suitable 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.
- SHUR had positive earnings in each of the past 5 years.
- Each year in the past 5 years SHUR had a positive operating cash flow.
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 better Return On Equity (13.15%) than 100.00% of its industry peers.
- SHUR has a better Return On Invested Capital (2.77%) than 100.00% of its industry peers.
- SHUR had an Average Return On Invested Capital over the past 3 years of 3.07%. This 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.
- 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.
- In the last couple of years the Operating Margin of SHUR has remained more or less at the same level.
- 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
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), SHUR is destroying value.
- Compared to 1 year ago, SHUR has more shares outstanding
- SHUR has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, SHUR has a worse debt to assets ratio.
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.
- Looking at the Debt to FCF ratio, with a value of 7.61, SHUR belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
- A Debt/Equity ratio of 0.39 indicates that SHUR is not too dependend on debt financing.
- SHUR has a Debt to Equity ratio of 0.39. This is amongst the best in the industry. SHUR outperforms 100.00% of its industry peers.
| 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.
- SHUR's Current ratio of 0.97 is amongst the best of the industry. SHUR outperforms 100.00% of its industry peers.
- 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.
- Measured over the past years, SHUR shows a quite strong growth in Earnings Per Share. The EPS has been growing by 19.71% on average per year.
- The Revenue has grown by 18.04% in the past year. This is quite good.
- SHUR shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.60% yearly.
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
- Based on estimates for the next years, SHUR will show a small growth in Earnings Per Share. The EPS will grow by 7.91% on average per year.
- 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
- 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 5.49 indicates a rather cheap valuation of SHUR.
- 100.00% of the companies in the same industry are more expensive than SHUR, based on the Price/Earnings ratio.
- SHUR's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.21.
- A Price/Forward Earnings ratio of 17.14 indicates a rather expensive valuation of SHUR.
- 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 24.26.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.49 | ||
| Fwd PE | 17.14 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, SHUR is valued cheaper than 100.00% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of SHUR indicates a rather cheap valuation: SHUR is cheaper than 100.00% of the companies listed 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 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)9.68
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%.
- 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
- SHUR pays out 5.04% of its income as dividend. This is a 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.