SHURGARD SELF STORAGE LTD (SHUR.BR) Stock Fundamental Analysis
Europe - Euronext Brussels - EBR:SHUR - GG00BQZCBZ44 - REIT
32.6 EUR
+0.25 (+0.77%)
SHUR gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 2 industry peers in the Specialized REITs industry. SHUR scores excellent on profitability, but there are some minor concerns on its financial health. SHUR is valued quite cheap, while showing a decent growth score. This is a good 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
- The Return On Assets of SHUR (8.00%) is better than 100.00% of its industry peers.
- SHUR's Return On Equity of 13.15% is amongst the best of the industry. SHUR outperforms 100.00% of its industry peers.
- 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
- 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.
- 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.
- In the last couple of years the Operating Margin of SHUR has remained more or less at the same level.
- Looking at the Gross Margin, with a value of 69.39%, SHUR belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
- SHUR's Gross Margin has improved in the last couple of years.
| 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
- Compared to 5 years ago, SHUR has more shares outstanding
- The debt/assets ratio for SHUR is higher compared to a year ago.
2.2 Solvency
- SHUR has an Altman-Z score of 1.56. This is a bad value and indicates that SHUR is not financially healthy and even has some risk of bankruptcy.
- SHUR has a better Altman-Z score (1.56) 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.
- SHUR has a better Debt to Equity ratio (0.39) than 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.39 | ||
| Debt/FCF | 7.61 | ||
| Altman-Z | 1.56 |
ROIC/WACC0.38
WACC7.25%
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 has a Current ratio of 0.97. This is amongst the best in the industry. SHUR outperforms 100.00% of its industry peers.
- A Quick Ratio of 0.97 indicates that SHUR may have some problems paying its short term obligations.
- SHUR has a better Quick ratio (0.97) than 100.00% of its industry peers.
| 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.
- 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
- 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.
- The Revenue is expected to grow by 6.31% on average over the next years.
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.
- 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
- With a Price/Earnings ratio of 5.68, the valuation of SHUR can be described as very cheap.
- SHUR's Price/Earnings ratio is rather cheap when compared to the industry. SHUR is cheaper than 100.00% of the companies in the same industry.
- When comparing the Price/Earnings ratio of SHUR to the average of the S&P500 Index (27.54), we can say SHUR is valued rather cheaply.
- With a Price/Forward Earnings ratio of 17.74, SHUR is valued on the expensive side.
- 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.
- When comparing the Price/Forward Earnings ratio of SHUR to the average of the S&P500 Index (24.31), we can say SHUR is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.68 | ||
| Fwd PE | 17.74 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SHUR indicates a rather cheap valuation: SHUR is cheaper than 100.00% of the companies listed in the same industry.
- Based on the Price/Free Cash Flow ratio, SHUR is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.74 | ||
| EV/EBITDA | 19.06 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- The excellent profitability rating of SHUR may justify a higher PE ratio.
PEG (NY)10.02
PEG (5Y)0.29
EPS Next 2Y1.79%
EPS Next 3Y3.83%
5. Dividend
5.1 Amount
- SHUR has a Yearly Dividend Yield of 2.60%. Purely for dividend investing, there may be better candidates out there.
- 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.
- SHUR's Dividend Yield is a higher than the S&P500 average which is at 1.92.
| 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 (1/16/2026, 2:19:49 PM)
32.6
+0.25 (+0.77%)
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 Cap3.29B
Revenue(TTM)440.20M
Net Income(TTM)566.14M
Analysts74.17
Price Target40.99 (25.74%)
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 | 5.68 | ||
| Fwd PE | 17.74 | ||
| P/S | 7.48 | ||
| P/FCF | 14.74 | ||
| P/OCF | 14.47 | ||
| P/B | 0.76 | ||
| P/tB | 0.77 | ||
| EV/EBITDA | 19.06 |
EPS(TTM)5.74
EY17.61%
EPS(NY)1.84
Fwd EY5.64%
FCF(TTM)2.21
FCFY6.79%
OCF(TTM)2.25
OCFY6.91%
SpS4.36
BVpS42.63
TBVpS42.5
PEG (NY)10.02
PEG (5Y)0.29
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 | 1.56 |
F-Score4
WACC7.25%
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.