Latest Ratios: P/E Ratio 28.9x · EV/EBITDA 16.0x · ROE 4.3%. (2001–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $60M | $57M | $59M | $51M | $53M | $57M | $37M | $33M | $30M | $35M | $35M |
| Enterprise Value | $68M | $66M | $69M | $61M | $64M | $72M | $59M | $53M | $48M | $52M | $52M |
| P/E Ratio → | 28.94 | 28.33 | 28.05 | 17.85 | 25.68 | 17.27 | 135.47 | — | 48.28 | — | 95.40 |
| P/S Ratio | 4.68 | 4.51 | 4.74 | 4.22 | 4.45 | 5.43 | 4.05 | 3.82 | 3.68 | 4.70 | 7.11 |
| P/B Ratio | 1.26 | 1.23 | 1.25 | 1.07 | 1.10 | 1.21 | 0.93 | 0.79 | 0.55 | 0.63 | 0.62 |
| P/FCF | 14.35 | 13.81 | 13.97 | 11.98 | 11.36 | 16.82 | 20.75 | 20.08 | 14.12 | 28.87 | — |
| P/OCF | 13.30 | 12.80 | 13.72 | 11.37 | 11.09 | 15.65 | 18.64 | 19.40 | 13.10 | 18.79 | 27.04 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 5.17 | 5.47 | 5.04 | 5.37 | 6.86 | 6.43 | 6.11 | 5.87 | 7.01 | 10.42 |
| EV / EBITDA | 16.04 | 15.51 | 15.14 | 12.94 | 12.47 | 16.69 | 18.43 | 18.64 | 5.88 | 7.01 | 10.42 |
| EV / EBIT | 26.11 | 22.72 | 22.82 | 16.23 | 22.61 | 26.39 | 40.67 | 31.76 | 33.05 | 71.33 | 61.66 |
| EV / FCF | — | 15.85 | 16.13 | 14.31 | 13.70 | 21.26 | 32.98 | 32.09 | 22.50 | 43.06 | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 36.0% | 36.0% | 62.2% | 62.7% | 65.1% | 64.1% | 61.0% | 58.7% | 59.8% | 57.8% | 57.8% |
| Operating Margin | 20.5% | 20.5% | 23.1% | 25.5% | 29.5% | 25.5% | 13.3% | 16.2% | 17.6% | 9.1% | 1.3% |
| Net Profit Margin | 16.0% | 16.0% | 16.9% | 24.1% | 17.2% | 31.2% | 3.0% | 6.8% | 7.6% | -2.0% | 7.7% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 4.3% | 4.3% | 4.4% | 6.1% | 4.3% | 7.5% | 0.7% | 1.2% | 1.1% | -0.3% | 0.8% |
| ROA | 3.1% | 3.1% | 3.2% | 4.4% | 3.1% | 5.0% | 0.4% | 0.9% | 1.0% | -0.2% | 0.7% |
| ROIC | 3.5% | 3.5% | 3.8% | 4.0% | 4.4% | 3.2% | 1.5% | 1.6% | 1.5% | 0.7% | 0.1% |
| ROCE | 4.1% | 4.1% | 4.5% | 4.8% | 5.3% | 4.2% | 1.9% | 2.3% | 2.5% | 1.1% | 0.1% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.34 | 0.34 | 0.34 | 0.35 | 0.36 | 0.38 | 0.59 | 0.57 | 0.35 | 0.35 | 0.34 |
| Debt / EBITDA | 3.74 | 3.74 | 3.61 | 3.56 | 3.40 | 4.15 | 7.34 | 8.38 | 2.38 | 2.60 | 3.89 |
| Net Debt / Equity | — | 0.18 | 0.19 | 0.21 | 0.23 | 0.32 | 0.55 | 0.47 | 0.32 | 0.31 | 0.29 |
| Net Debt / EBITDA | 2.00 | 2.00 | 2.03 | 2.10 | 2.13 | 3.48 | 6.84 | 6.97 | 2.19 | 2.31 | 3.31 |
| Debt / FCF | — | 2.04 | 2.16 | 2.32 | 2.34 | 4.43 | 12.23 | 12.01 | 8.38 | 14.19 | — |
| Interest Coverage | 3.39 | 3.39 | 3.41 | — | 3.64 | 2.61 | — | 1.55 | 1.60 | 0.83 | 1.84 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 11.42 | 11.42 | 4.27 | 4.16 | — | 2.47 | 1.77 | 2.61 | 1.71 | 2.11 | 1.97 |
| Quick Ratio | 11.42 | 11.42 | 4.27 | 4.16 | — | 2.47 | 1.77 | 2.61 | 1.62 | 2.06 | 1.93 |
| Cash Ratio | 11.24 | 11.24 | 4.17 | 4.00 | — | 1.93 | 1.20 | 2.21 | 1.46 | 1.89 | 1.69 |
| Asset Turnover | — | 0.20 | 0.19 | 0.18 | 0.18 | 0.16 | 0.14 | 0.13 | 0.14 | 0.12 | 0.08 |
| Inventory Turnover | — | — | — | — | — | — | — | — | 17.53 | 28.95 | 38.89 |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 5.6% | 5.7% | 5.5% | 6.3% | 5.7% | 4.6% | 6.5% | 6.4% | 6.7% | 5.6% | 5.5% |
| Payout Ratio | 160.9% | 160.9% | 153.2% | 109.7% | 146.5% | 79.5% | 884.7% | 356.8% | 321.6% | — | 502.0% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 3.5% | 3.5% | 3.6% | 5.6% | 3.9% | 5.8% | 0.7% | — | 2.1% | — | 1.0% |
| FCF Yield | 7.0% | 7.2% | 7.2% | 8.3% | 8.8% | 5.9% | 4.8% | 5.0% | 7.1% | 3.5% | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 5.6% | 5.7% | 5.5% | 6.3% | 5.7% | 4.6% | 6.5% | 6.4% | 6.7% | 5.6% | 5.5% |
| Shares Outstanding | — | $11M | $11M | $11M | $11M | $10M | $9M | $8M | $8M | $8M | $7M |
Limited Portfolio Scale
Based on reported figures, the company's P/FFO multiple of approximately 4.2x suggests a significant valuation discount compared to larger storage REITs, which may indicate that the market is pricing in a liquidity premium or skepticism regarding the company's ability to scale its 13-property portfolio effectively.
The low valuation multiple appears to be a function of the company's micro-cap status rather than a reflection of underlying asset quality. Investors should monitor whether this discount persists as a permanent feature of the stock or if it represents an opportunity for potential consolidation by larger industry players.
As reported in financial statements, NOI margins have experienced significant fluctuations, dropping from a peak of 63.9% in 2024Q3 to 32.1% in 2026Q1, which implies that the company's property-level cost structure is increasingly sensitive to localized operating expense spikes or potential inefficiencies in management.
The inconsistency in margins suggests that the company lacks the economies of scale necessary to absorb rising property taxes and insurance costs. This volatility warrants further investigation into whether the recent margin compression is a temporary operational hurdle or a structural shift in the profitability of its secondary market assets.
According to recent SEC filings, the FFO payout ratio has exhibited extreme volatility, reaching as high as 165.3% in 2024Q4, which suggests that the current dividend distribution may not be consistently supported by recurring property-level cash flows and remains vulnerable to operational fluctuations.
The erratic nature of the payout ratio indicates that shareholders should be cautious regarding the long-term reliability of the dividend. The company's reliance on non-recurring items to bridge the gap between FFO and cash distributions appears to be a recurring theme that complicates the assessment of dividend safety.
As indicated by the company's debt-to-equity ratio of 0.34, Global Self Storage maintains an exceptionally conservative capital structure that provides significant insulation against interest rate volatility compared to the more highly levered peers typically found within the broader self-storage REIT sector.
While this low leverage profile protects the company from refinancing risks, it may also indicate an inefficient use of capital that drags on overall shareholder returns. The substantial cash position suggests that management is prioritizing balance sheet integrity over aggressive, debt-fueled expansion in the current high-interest-rate environment.
Based on the provided quarterly data, the market's reliance on standard P/E multiples for this REIT is fundamentally flawed, as it fails to account for the significant non-cash depreciation charges that artificially suppress GAAP earnings and obscure the company's true economic cash-generating capacity.
Investors should prioritize FFO or AFFO as the primary valuation metrics, as these adjustments strip away the accounting noise of depreciation. Using P/E to evaluate this company likely leads to a distorted perception of value, as it ignores the recurring nature of the underlying rental income stream.
Includes 30+ ratios · 25 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying SELF stock.
Global Self Storage, Inc.'s current P/E ratio is 28.9x. The historical average is 32.4x. This places it at the 80th percentile of its historical range.
Global Self Storage, Inc.'s current EV/EBITDA is 16.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 11.0x.
Global Self Storage, Inc.'s return on equity (ROE) is 4.3%. The historical average is 7.2%.
Based on historical data, Global Self Storage, Inc. is trading at a P/E of 28.9x. This is at the 80th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Global Self Storage, Inc.'s current dividend yield is 5.61% with a payout ratio of 160.9%.
Global Self Storage, Inc. has 36.0% gross margin and 20.5% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Global Self Storage, Inc.'s Debt/EBITDA ratio is 3.7x, indicating high leverage. A ratio between 2-4x is manageable but warrants monitoring.