Extra Space Storage Inc. (EXR) DCF Valuation
A discounted-cash-flow model isn't meaningful for Extra Space Storage Inc. (EXR) — REITs are valued on funds from operations (FFO / AFFO), price-to-AFFO and dividend yield, not free cash flow. See the metrics page for the sector-appropriate valuation ratios.
Current Price
$145.33
Market-Implied Growth
+20.7%/yr
vs +17.6% 5Y actual
Base-Case Model Value
—
Discounted Cash Flow
An editable DCF model isn't applicable to EXR — REITs are valued on FFO / AFFO, price-to-AFFO and dividend yield, not free cash flow.
About Extra Space Storage Inc.
Extra Space Storage Inc., a prominent, self-administered and self-managed real estate investment trust (REIT), is headquartered in Salt Lake City, Utah, and holds a distinguished place as a member of the S&P 500 index. As of September 30, 2020, its expansive portfolio encompassed 1,906 self-storage facilities, with operations spanning 40 U.S. states, Washington, D.C., and Puerto Rico. Collectively, these facilities offer roughly 1.4 million individual storage units, totaling approximately 147.5 million square feet of rentable area. Extra Space Storage caters to diverse customer needs by providing a wide array of secure and conveniently located storage solutions nationwide. This includes specialized options for vehicles like boats and RVs, as well as dedicated business storage. Notably, it holds the position of the second-largest owner and operator of self-storage facilities throughout the U.S., and stands as the nation's largest self-storage management company.
- Sector
- Real Estate
- Industry
- REIT - Industrial
- CEO
- Joseph Daniel Margolis