Smartstop Self Storage REIT Inc
SMA
Smartstop Self Storage REIT Inc AI Insights
Informational only. Not investment advice.Snapshot
- Interest expense of 66M TTM exceeds operating income of 59M - debt service consuming all operating profits, driving net loss of -4.6M[Interest Expense]
- FCF of 81.2M TTM vs net loss of -4.6M shows cash generation despite GAAP losses; 4.6% FCF yield on market cap[Free Cash Flow]
- P/E of 179x vs industry median 12x reflects near-zero earnings; P/B of 1.57x more relevant for asset-heavy REIT[P/E Ratio]
Watch Triggers
- Interest Expense: Falls below 55M annually — Would flip company to profitability; signals debt refinancing success or rate relief
- Operating Income: Exceeds 70M TTM — Would restore interest coverage above 1x, reducing bankruptcy risk
- Total Debt: Decreases below 900M — Deleveraging would improve equity returns and reduce interest burden
Bull Case
Operating margin of 22.6% TTM in line with industry median 23% with 81M FCF generation despite high leverage - core operations healthy
Trading at 1.57x book value with 1.12B tangible book; dividend yield ~2.5% (0.80/share) sustainable from FCF
Bear Case
Debt/equity of 0.87x with 1.04B total debt; interest coverage <1x (59M EBIT vs 66M interest) leaves no margin for error
ROE of -0.6% and ROIC of -0.2% TTM - destroying shareholder value; negative net margin -1.8% unsustainable long-term
Bull vs Bear Balance
AI-generated sentiment analysis based on fundamental metrics and market conditions.
Leverage SMA's top insights and create a custom strategy based on them in seconds. Our AI editor does it all — in one click.
Forward Thesis
Interest rate cuts could flip SMA from loss to profit as 1.04B debt reprices lower
- 66M interest expense on 1.04B debt implies ~6.3% avg rate
- 100bps rate cut = ~10M annual savings, erasing net loss
- Self-storage demand resilient through cycles
Public Strategies Rankings
See how Smartstop Self Storage REIT Inc ranks across different investment strategies.
Leverage SMA's top insights and create a custom strategy in seconds. Our AI editor does it all — in one click.
SMA Fundamentals
| Metric | Value | YoY Growth | Industry Percentile |
|---|---|---|---|
$1.86B | — | ||
$2.86B | — | ||
190 | — | ||
$263.34M | +12.6% | — | |
$0.18 | — | ||
22.6% | -6.7% | — | |
-1.75% | -0.3% | — | |
$81.22M | +40.3% | — | |
-0.01 | +0.2% | — | |
Beta 5Y (Monthly) | unknown | — |
SMA Dividend History
2026
$0.13592025
$1.2055SMA Stock Splits
SMA SEC Filings
| Filing Date | Report Date | Report Type | Filing Link |
|---|---|---|---|
11/07/25 | 09/30/25 | 10-Q | |
08/08/25 | 06/30/25 | 10-Q | |
05/09/25 | 03/31/25 | 10-Q | |
03/12/25 | 12/31/24 | 10-K | |
11/13/24 | 09/30/24 | 10-Q | |
11/07/25 | 09/30/24 | 10-Q | |
08/08/25 | 06/30/24 | 10-Q | |
08/13/24 | 06/30/24 | 10-Q | |
05/14/24 | 03/31/24 | 10-Q | |
05/09/25 | 03/31/24 | 10-Q | |
03/18/24 | 12/31/23 | 10-K | |
11/14/23 | 09/30/23 | 10-Q | |
11/13/24 | 09/30/23 | 10-Q | |
08/13/24 | 06/30/23 | 10-Q | |
08/10/23 | 06/30/23 | 10-Q | |
05/11/23 | 03/31/23 | 10-Q | |
03/03/23 | 12/31/22 | 10-K | |
11/10/22 | 09/30/22 | 10-Q | |
08/11/22 | 06/30/22 | 10-Q | |
05/11/22 | 03/31/22 | 10-Q | |
03/23/22 | 12/31/21 | 10-K | |
11/05/21 | 09/30/21 | 10-Q | |
08/13/21 | 06/30/21 | 10-Q | |
05/14/21 | 03/31/21 | 10-Q | |
03/03/23 | 12/31/20 | 10-K | |
03/26/21 | 12/31/20 | 10-K | |
11/13/20 | 09/30/20 | 10-Q | |
11/05/21 | 09/30/20 | 10-Q | |
08/13/21 | 06/30/20 | 10-Q | |
05/14/21 | 03/31/20 | 10-Q | |
03/23/22 | 12/31/19 | 10-K | |
11/13/20 | 09/30/19 | 10-Q |