NSA Share Price | National Storage Affiliates Trust Stock Analysis & Recommendation

Q: How big is National Storage Affiliates Trust?

Market Cap: As of Jun 18, National Storage Affiliates Trust has a market capitalization of 2,517.26 million, classifying it as a Small Cap company.Recent Quarterly Performance: For the latest four quarters ending in March 2025, National Storage Affiliates Trust reported net sales of 762.54 million and a consolidated net profit of 107.65 million.Balance Sheet Snapshot: As of December 2024, the company reported shareholder's funds of 1,075.98 million and total assets amounting to 5,354.46 million.

Q: What does National Storage Affiliates Trust do?

Overview:National Storage Affiliates Trust is an integrated, self-administered and self-managed real estate investment trust focused on the ownership, operation, and acquisition of self-storage properties in the realty industry, categorized as a small-cap company.Financial Snapshot:Most recent Net Sales: 188 Million (Quarterly Results - Mar 2025) Most recent Net Profit: 20 Million (Quarterly Results - Mar 2025) Market cap: USD 2,517.26 Million (Small Cap)Key Metrics:P/E: 69.00 Dividend Yield: 604.38% Debt Equity: -999,999.00 Return on Equity: 6.36% Price to Book: 2.43Contact Details:Address: 8400 E. Prentice Avenue, 9Th Floor, GREENWOOD VILLAGE CO: 80111 Tel: ['1 720 6302600', '1 720 6302160'] Fax: 1 720 6302626 Website: https://www.nationalstorageaffiliates.com/

Q: Is National Storage Affiliates Trust overvalued or undervalued?

As of 26 February 2025, the valuation grade for National Storage Affiliates Trust moved from fair to very attractive, indicating a significant improvement in its perceived value. Despite this positive change, the company appears to be overvalued based on its current metrics. The P/E ratio stands at 69, which is considerably higher than peers like Essential Properties Realty Trust at 25.37 and Kilroy Realty Corp. at 23.34. Additionally, the Price to Book Value is 4.36, and the EV to EBITDA ratio is 9.34, both suggesting that the stock may be priced too high relative to its earnings and assets.In terms of performance, National Storage Affiliates Trust has underperformed against the S&P 500 across multiple time frames, with a year-to-date return of -19.23% compared to the S&P 500's 12.22%. This trend continues over one year and three years, where the stock has returned -36.74% and -34.46%, respectively, while the S&P 500 has gained 17.14% and 70.41%. Overall, while the valuation grade suggests potential, the high valuation ratios and poor stock performance indicate that National Storage Affiliates Trust is currently overvalued.

Q: Is National Storage Affiliates Trust technically bullish or bearish?

As of 10 October 2025, the technical trend for National Storage Affiliates Trust has changed from mildly bearish to bearish. The current stance is bearish with weak strength indicated by the daily moving averages and the monthly MACD being bearish. The Bollinger Bands also confirm a bearish trend on both weekly and monthly time frames. While the weekly KST and MACD show mild bullishness, they are outweighed by the overall bearish indicators. In terms of performance, the stock has underperformed against the S&P 500 across multiple periods, with a year-to-date return of -18.97% compared to the S&P 500's 11.41%, and a one-year return of -30.43% versus 13.36% for the index.

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

1.32 M

Shareholding (Dec 2025)

FII

12.57%

Held by 144 FIIs

DII

41.81%

Held by 56 DIIs

Promoter

0.00%

How big is National Storage Affiliates Trust?

22-Jun-2025

As of Jun 18, National Storage Affiliates Trust has a market capitalization of $2.52 billion, with net sales of $762.54 million and a consolidated net profit of $107.65 million for the latest four quarters ending in March 2025.

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What does National Storage Affiliates Trust do?

22-Jun-2025

National Storage Affiliates Trust is a self-administered real estate investment trust focused on owning and operating self-storage properties. As of March 2025, it reported net sales of $188 million and a market cap of approximately $2.52 billion.

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Who are in the management team of National Storage Affiliates Trust?

22-Jun-2025

As of March 2022, the management team of National Storage Affiliates Trust includes Executive Chairman Arlen Nordhagen, President and CEO Tamara Fischer, Lead Independent Trustee Paul Hylbert, and Independent Trustees George Chapman, Chad Meisinger, Steven Osgood, and Dominic Palazzo. They oversee the company's operations and strategic direction.

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Is National Storage Affiliates Trust overvalued or undervalued?

20-Sep-2025

As of February 26, 2025, National Storage Affiliates Trust has a valuation grade of very attractive but is considered overvalued with a high P/E ratio of 69, underperforming the S&P 500 significantly across various time frames.

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Is National Storage Affiliates Trust technically bullish or bearish?

14-Oct-2025

As of October 10, 2025, National Storage Affiliates Trust is in a bearish trend with weak strength, underperforming the S&P 500 significantly with year-to-date and one-year returns of -18.97% and -30.43%, respectively.

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Compare National Storage Affiliates Trust with Similar Stocks

Cousins Properties, Inc.EPR Properties Independence Realty Trust, Inc.

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

Strong Long Term Fundamental Strength with a 13.90% CAGR growth in Operating Profits

The company has declared Negative results for the last 4 consecutive quarters

With ROE of 6.36%, it has a very attractive valuation with a 4.36 Price to Book Value

Consistent Underperformance against the benchmark over the last 3 years

Mojo Parameters

Stock DNA

Industry

Realty

Market cap

USD 5,399 Million (Small Cap)

P/E

80.00

Industry P/E

Dividend Yield

3.22%

Debt Equity

-999,999.00

Return on Equity

6.94%

Price to Book

5.55

Revenue and Profits:

Net Sales:

187 Million

(Quarterly Results - Dec 2025)

Net Profit:

37 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

34.8%

6 Months

25.82%

1 Year

-3.43%

2 Years

-0.16%

3 Years

-6.57%

4 Years

-38.34%

5 Years

-5.24%

National Storage Affiliates Trust for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

No Recent News for the Company

Announcements

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

12.55%

EBIT Growth (5y)

12.40%

EBIT to Interest (avg)

2.62

Debt to EBITDA (avg)

Negative Net Debt

Net Debt to Equity (avg)

Sales to Capital Employed (avg)

Tax Ratio

3.58%

Dividend Payout Ratio

189.94%

Pledged Shares

Institutional Holding

100.00%

ROCE (avg)

22.77%

ROE (avg)

8.00%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

5.55

EV to EBIT

19.15

EV to EBITDA

11.40

EV to Capital Employed

5.68

EV to Sales

7.10

PEG Ratio

Dividend Yield

3.22%

ROCE (Latest)

29.67%

ROE (Latest)

6.94%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Bullish

Mildly Bullish

RSI

No Signal

Bollinger Bands

Bullish

Moving Averages

Bullish (Daily)

KST

Bullish

Bearish

Dow Theory

No Trend

Mildly Bullish

OBV

No Trend

Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Dec 2025

Shareholding Compare (%holding)

Majority shareholders

Domestic Funds

Held in 93 Schemes (45.59%)

Foreign Institutions

Held by 144 Foreign Institutions (12.57%)

Strategic Entities with highest holding

Highest Public shareholder

Financial

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          "val1": "0.00",
          "val2": "0.00",
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          "field": "Consolidate Net Profit",
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          "val2": "29.00",
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        "Dec'25",
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          "val2": "487.00",
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          "field": "Interest",
          "val1": "151.60",
          "val2": "122.30",
          "chgp": "23.96%",
          "chgp_class": "negative"
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          "val2": "-0.30",
          "chgp": "100.00%",
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Quarterly Results Snapshot (Consolidated) - Dec'25 - QoQ

Dec'25

Sep'25

Change(%)

Net Sales

187.00

188.70

-0.90%

Operating Profit (PBDIT) excl Other Income

118.60

117.80

0.68%

Interest

38.00

37.80

0.53%

Exceptional Items

0.00

Consolidate Net Profit

36.80

29.00

26.90%

Operating Profit Margin (Excl OI)

384.50%

375.80%

0.87%

USD in Million.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Dec 2025 is -0.90% vs -0.05% in Sep 2025

Consolidated Net Profit

QoQ Growth in quarter ended Dec 2025 is 26.90% vs -6.15% in Sep 2025

All Quarterly Results

Annual Results Snapshot (Consolidated) - Dec'25

Dec'25

Dec'24

Change(%)

Net Sales

752.90

770.30

-2.26%

Operating Profit (PBDIT) excl Other Income

468.00

487.00

-3.90%

Interest

151.60

122.30

23.96%

Exceptional Items

0.00

-0.30

100.00%

Consolidate Net Profit

116.20

183.20

-36.57%

Operating Profit Margin (Excl OI)

370.10%

385.70%

-1.56%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Dec 2025 is -2.26% vs -10.23% in Dec 2024

Consolidated Net Profit

YoY Growth in year ended Dec 2025 is -36.57% vs -22.67% in Dec 2024

All Annual Results

Company CV

About National Storage Affiliates Trust

National Storage Affiliates Trust

Realty

National Storage Affiliates Trust is an integrated, self-administered and self-managed real estate investment trust. The Company is focused on the ownership, operation and acquisition of self-storage properties located within various metropolitan statistical areas (MSAs) across the United States. The Company's operating partnership subsidiary is NSA OP, LP. As of December 31, 2016, the Company held ownership interests in and operated a geographically diversified portfolio of 448 self storage properties, located in 23 states, comprising approximately 27.6 million rentable square feet, configured in approximately 220,000 storage units. The Company's self-storage properties are located in various states of the United States, such as California, Florida, Indiana, Ohio, Louisiana, Oregon, New Hampshire, Oklahoma, Texas, Nevada, New Mexico, Arizona, Colorado and Georgia.

Company Coordinates

Company Details

8400 E. Prentice Avenue, 9Th Floor , GREENWOOD VILLAGE CO : 80111

Tel: 1 720 63026001 720 6302160

https://www.nationalstorageaffiliates.com/

Registrar Details