CubeSmart Book Value Per Share vs Free Cash Flow Yield Analysis

CUBE Stock  USD 49.56  0.58  1.16%   
CubeSmart financial indicator trend analysis is way more than just evaluating CubeSmart prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CubeSmart is a good investment. Please check the relationship between CubeSmart Book Value Per Share and its Free Cash Flow Yield accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CubeSmart. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade CubeSmart Stock refer to our How to Trade CubeSmart Stock guide.

Book Value Per Share vs Free Cash Flow Yield

Book Value Per Share vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CubeSmart Book Value Per Share account and Free Cash Flow Yield. At this time, the significance of the direction appears to have no relationship.
The correlation between CubeSmart's Book Value Per Share and Free Cash Flow Yield is 0.07. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of CubeSmart, assuming nothing else is changed. The correlation between historical values of CubeSmart's Book Value Per Share and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of CubeSmart are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Book Value Per Share i.e., CubeSmart's Book Value Per Share and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.
Most indicators from CubeSmart's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CubeSmart current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CubeSmart. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade CubeSmart Stock refer to our How to Trade CubeSmart Stock guide.At present, CubeSmart's Enterprise Value Over EBITDA is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 22.54, whereas Discontinued Operations is forecasted to decline to about 287.3 K.
 2021 2022 2023 2024 (projected)
Gross Profit570.5M716.4M755.6M793.3M
Total Revenue822.6M1.0B1.1B1.1B

CubeSmart fundamental ratios Correlations

0.990.550.770.981.00.890.080.63-0.480.990.45-0.040.890.540.9-0.040.850.98-0.380.560.83-0.990.820.820.78
0.990.490.770.980.980.860.090.63-0.420.970.470.010.870.550.870.010.810.97-0.370.610.79-0.980.820.830.77
0.550.490.450.460.580.710.090.33-0.520.590.55-0.150.68-0.240.67-0.150.530.5-0.14-0.110.68-0.520.430.480.49
0.770.770.450.780.750.88-0.090.68-0.090.730.630.120.910.190.90.120.530.68-0.460.230.8-0.790.980.990.58
0.980.980.460.780.970.85-0.10.66-0.480.960.480.110.870.530.870.110.860.96-0.380.620.77-0.980.820.830.7
1.00.980.580.750.970.890.070.62-0.531.00.44-0.070.890.530.9-0.070.870.99-0.380.540.84-0.990.80.80.77
0.890.860.710.880.850.89-0.010.68-0.450.890.59-0.040.990.261.0-0.040.750.84-0.390.310.91-0.90.90.90.69
0.080.090.09-0.09-0.10.07-0.01-0.170.190.09-0.28-0.620.00.28-0.04-0.62-0.160.10.04-0.030.07-0.05-0.05-0.080.32
0.630.630.330.680.660.620.68-0.17-0.340.610.34-0.070.70.240.7-0.070.550.6-0.310.270.54-0.640.730.710.69
-0.48-0.42-0.52-0.09-0.48-0.53-0.450.19-0.34-0.540.06-0.05-0.4-0.22-0.45-0.05-0.84-0.580.0-0.42-0.260.49-0.15-0.12-0.25
0.990.970.590.730.961.00.890.090.61-0.540.43-0.10.890.530.9-0.10.870.99-0.390.530.84-0.990.780.790.77
0.450.470.550.630.480.440.59-0.280.340.060.430.140.61-0.230.580.140.180.33-0.25-0.140.67-0.440.560.640.34
-0.040.01-0.150.120.11-0.07-0.04-0.62-0.07-0.05-0.10.14-0.01-0.170.01.00.13-0.07-0.070.41-0.180.030.090.11-0.44
0.890.870.680.910.870.890.990.00.7-0.40.890.61-0.010.271.0-0.010.730.84-0.370.330.9-0.90.930.930.7
0.540.55-0.240.190.530.530.260.280.24-0.220.53-0.23-0.170.270.27-0.170.470.61-0.160.690.3-0.560.310.240.42
0.90.870.670.90.870.91.0-0.040.7-0.450.90.580.01.00.270.00.770.86-0.380.340.88-0.910.920.910.7
-0.040.01-0.150.120.11-0.07-0.04-0.62-0.07-0.05-0.10.141.0-0.01-0.170.00.13-0.07-0.070.41-0.180.030.090.11-0.44
0.850.810.530.530.860.870.75-0.160.55-0.840.870.180.130.730.470.770.130.9-0.240.620.59-0.860.590.580.53
0.980.970.50.680.960.990.840.10.6-0.580.990.33-0.070.840.610.86-0.070.9-0.360.620.76-0.980.750.740.74
-0.38-0.37-0.14-0.46-0.38-0.38-0.390.04-0.310.0-0.39-0.25-0.07-0.37-0.16-0.38-0.07-0.24-0.36-0.15-0.430.39-0.39-0.41-0.09
0.560.61-0.110.230.620.540.31-0.030.27-0.420.53-0.140.410.330.690.340.410.620.62-0.150.16-0.560.350.30.26
0.830.790.680.80.770.840.910.070.54-0.260.840.67-0.180.90.30.88-0.180.590.76-0.430.16-0.830.810.820.68
-0.99-0.98-0.52-0.79-0.98-0.99-0.9-0.05-0.640.49-0.99-0.440.03-0.9-0.56-0.910.03-0.86-0.980.39-0.56-0.83-0.84-0.83-0.74
0.820.820.430.980.820.80.9-0.050.73-0.150.780.560.090.930.310.920.090.590.75-0.390.350.81-0.840.990.66
0.820.830.480.990.830.80.9-0.080.71-0.120.790.640.110.930.240.910.110.580.74-0.410.30.82-0.830.990.67
0.780.770.490.580.70.770.690.320.69-0.250.770.34-0.440.70.420.7-0.440.530.74-0.090.260.68-0.740.660.67
Click cells to compare fundamentals

CubeSmart Account Relationship Matchups

CubeSmart fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.0B4.8B6.5B6.3B6.2B6.5B
Total Stockholder Equity1.8B1.8B2.9B2.8B2.8B2.9B
Other Assets24.8M4.8B6.5B6.3B(60.0M)(57.0M)
Common Stock Shares Outstanding191.6M194.9M205.0M225.9M226.2M129.6M
Liabilities And Stockholders Equity4.0B4.8B6.5B6.3B6.2B6.5B
Other Stockholder Equity3.6B2.8B4.1B4.1B4.1B4.3B
Total Liab2.2B2.7B3.5B3.4B3.3B3.5B
Short Long Term Debt Total1.9B2.4B3.2B3.1B3.0B1.5B
Other Current Liab(1.9B)190.2M(200.0M)172.8M300.1M315.1M
Other Liab38.3M30.2M38.2M39.8M45.8M27.2M
Property Plant And Equipment Net41.7M55.3M54.7M49.5M50.5M48.0M
Net Debt1.9B2.4B3.2B3.1B3.0B3.1B
Accounts Payable137.9M37.2M200.0M214.4M35.3M33.5M
Cash54.9M3.6M11.1M6.1M6.5M6.2M
Non Current Assets Total4.0B4.8B6.5B6.3B6.2B3.2B
Non Currrent Assets Other105.5M174.0M268.0M(169.3M)6.0B6.3B
Long Term Debt1.9B2.2B2.9B2.9B2.9B1.5B
Cash And Short Term Investments54.9M3.6M11.1M6.1M6.5M6.2M
Non Current Liabilities Total1.9B2.3B3.0B3.0B3.3B3.5B
Total Current Assets58.4M6.2M62.6M12.7M114.5M120.2M
Total Current Liabilities227.9M374.3M546.9M425.9M373.8M250.1M
Retained Earnings(876.6M)(974.8M)(1.2B)(1.3B)(1.3B)(1.3B)
Common Stock Total Equity1.9M2.0M2.2M2.2M2.6M1.5M
Common Stock1.9M2.0M2.2M2.2M2.2M1.5M
Other Current Assets(75.3M)28.8M122.1M72.3M74.8M78.5M
Current Deferred Revenue25.3M29.1M37.1M38.8M38.5M21.1M
Accumulated Other Comprehensive Income(729K)(632K)(570K)(491K)(411K)(431.6K)
Short Term Debt1.9B117.8M209.9M60.9M4.7M4.5M
Intangible Assets10.3M57.8M108.8M1.2M1.8M1.7M
Net Receivables16.8M19.0M23.6M30.0M33.2M17.1M
Inventory62.0M8.9M64.8M(95.8M)(60.0M)(57.0M)
Noncontrolling Interest In Consolidated Entity8.0M8.6M18.6M14.2M16.3M17.1M
Retained Earnings Total Equity(876.6M)(974.8M)(1.2B)(1.3B)(1.2B)(1.1B)
Deferred Long Term Liab25.3M29.1M37.1M38.8M44.6M23.0M
Property Plant Equipment3.8B4.5B6.1B6.0B7.0B3.7B
Net Tangible Assets1.9B2.1B3.0B2.9B3.3B2.0B
Long Term Debt Total1.9B2.2B2.9B2.9B3.4B1.9B

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When determining whether CubeSmart is a strong investment it is important to analyze CubeSmart's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CubeSmart's future performance. For an informed investment choice regarding CubeSmart Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CubeSmart. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade CubeSmart Stock refer to our How to Trade CubeSmart Stock guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Self-Storage REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CubeSmart. If investors know CubeSmart will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CubeSmart listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.02)
Dividend Share
2.04
Earnings Share
1.78
Revenue Per Share
4.724
Quarterly Revenue Growth
0.008
The market value of CubeSmart is measured differently than its book value, which is the value of CubeSmart that is recorded on the company's balance sheet. Investors also form their own opinion of CubeSmart's value that differs from its market value or its book value, called intrinsic value, which is CubeSmart's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CubeSmart's market value can be influenced by many factors that don't directly affect CubeSmart's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CubeSmart's value and its price as these two are different measures arrived at by different means. Investors typically determine if CubeSmart is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CubeSmart's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.