Public Storage Intrinsic Stock Value – Public Storage Set to Reap Benefits of High Brand Value, Strategic Acquisitions, and Robust Presence in Key Cities

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The company’s financials appear to be in good shape, as evidenced by its rising stock price. Public Storage ($NYSE:PSA) has focused its efforts on acquiring strategic properties to expand its reach and create value for its shareholders. This has resulted in strong brand recognition for the company, which has proved to be a beneficial asset. The company also offers services such as climate-controlled units, on-site management and storage auctions. Nevertheless, the increasing construction activity in many cities could potentially have a negative effect on the company in the long-term. As more competitors enter the market, Public Storage may experience declining occupancy rates and increased competition for customers. In conclusion, investing in Public Storage is currently a good idea given its strong brand value, successful acquisitions and robust presence in key cities.

However, the potential entry of new competitors and increased construction activity could have a detrimental effect on the company in the future.

Share Price

Public Storage has seen a consistent increase in its stock value since Monday, with the stock opening at $286.0 and closing at $290.9, representing a 1.3% increase from its last closing price of $287.1. Public Storage is well-known for its brand value, and it has been consistently ranked as a top brand in the self-storage industry for several years. It has also been making several strategic acquisitions over the years, including its recent acquisition of National Self Storage and some other smaller companies. These acquisitions have helped the company to expand its presence into more key cities and increase its customer base. This presence has allowed the company to quickly respond to customer needs and capture additional markets.

Additionally, its strategic locations have helped it to significantly grow its business and profitability over the past several years. This performance is likely to continue in the near future as the company continues to focus on expanding its customer base and increasing its customer reach. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Public Storage. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Public Storage. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Public Storage. More…

Key Ratios Snapshot

Some of the financial key ratios for Public Storage are shown below. More…

Analysis – Public Storage Intrinsic Stock Value

At GoodWhale, we recently conducted an analysis of PUBLIC STORAGE‘s wellbeing. Using our proprietary Valuation Line, we determined the fair value of PUBLIC STORAGE share to be approximately $338.3. Currently, PUBLIC STORAGE stock is traded at $290.9, which represents a fair price but is undervalued by 14.0%. This indicates an attractive opportunity for investors looking to purchase the stock. GoodWhale stands by its recommendation that now is an excellent time to invest in PUBLIC STORAGE. We firmly believe that by taking advantage of the current undervaluation, investors stand to benefit from potential gains in the coming future when the stock price reaches its fair value. More…

Peers

Public Storage is a real estate investment trust that invests in self-storage facilities. The company was founded in 1972 and is headquartered in Glendale, California. Public Storage has over 2,200 locations in the United States and Europe. The company’s competitors include Life Storage Inc, Extra Space Storage Inc, and National Storage Affiliates Trust.

– Life Storage Inc ($NYSE:LSI)

Life Storage Inc is a US based self storage company. As of December 31, 2020, it operated 969 self storage facilities across the United States. The company has a market capitalization of $8.69 billion as of February 2021.

– Extra Space Storage Inc ($NYSE:EXR)

Extra Space Storage is a real estate investment trust that owns and operates self-storage properties across the United States. As of December 31, 2020, the company had 1,871 self-storage properties located in 40 states, Washington, D.C., and Puerto Rico. Extra Space Storage is the second largest self-storage company in the United States with a market cap of $22.22 billion as of February 2021.

– National Storage Affiliates Trust ($NYSE:NSA)

National Storage Affiliates Trust is a publicly traded real estate investment trust focused on the ownership, operation and acquisition of self storage properties located within the United States. As of December 31, 2020, the Company owned and operated 783 self storage properties located in 38 states with approximately 54.3 million rentable square feet.

Summary

Public Storage is a sound investment as it has a high brand value, has made strategic acquisitions and has a strong presence in numerous cities. This has enabled the company to take advantage of industry growth and market share gains, resulting in higher revenues and operating profits. Additionally, it has a strong balance sheet, providing financial flexibility and allowing it to take advantage of future opportunities. The company also benefits from the government incentives and tax benefits being offered to the storage industry, making it an attractive investment option.