EXR
Extra Space Storage Inc
Price:
151.76
USD
Volume:
646,593
United States | Equity Real Estate Investment Trusts (REITs)
Discounted Cash Flow
Trading Multiples
Peter Lynch Fair Value
Earnings Power Value
Dividend Discount Model
WACC
EXR DCF Valuation - Growth Exit 5Y
10.8 %
Upside
What is the DCF valuation of EXR?
The Discounted Cash Flow (DCF) valuation of Extra Space Storage Inc (EXR) is 168.13 USD. With the latest stock price at 151.76 USD, the upside of Extra Space Storage Inc based on DCF is 10.8%.
Is EXR a buy or a sell?
Based on the latest price of 151.76 USD and our DCF valuation, Extra Space Storage Inc (EXR) is a buy. Buying EXR stocks now will result in a potential gain of 10.8%.
| Range | Selected | |
| WACC / Discount Rate | 5.7% - 8.0% | 6.9% |
| Long-term Growth Rate | 3.0% - 5.0% | 4.0% |
| Fair Price | 74.15 - 848.5 | 168.13 |
| Upside | -51.1% - 459.1% | 10.8% |
151.76 USD
Stock Price
168.13 USD
Fair Price
| (USD in millions) | Projections | |||||
| 12-2024 | 12-2025 | 12-2026 | 12-2027 | 12-2028 | 12-2029 | |
| Revenue | 3,257 | 3,340 | 3,765 | 4,284 | 4,808 | 5,567 |
| % Growth | 27% | 3% | 13% | 14% | 12% | 16% |
| Cost of goods sold | (855) | (833) | (892) | (964) | (1,028) | (1,131) |
| % of Revenue | 26% | 25% | 24% | 23% | 21% | 20% |
| Selling, G&A expenses | (218) | (223) | (252) | (287) | (322) | (372) |
| % of Revenue | 7% | 7% | 7% | 7% | 7% | 7% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 |
| % of Revenue | 0% | 0% | 0% | 0% | 0% | 0% |
| Net interest & other expenses | (1,250) | (1,282) | (1,445) | (1,645) | (1,846) | (2,137) |
| % of Revenue | 38% | 38% | 38% | 38% | 38% | 38% |
| Tax expense | (33) | (25) | (29) | (34) | (40) | (48) |
| Tax rate | 4% | 2% | 2% | 2% | 2% | 2% |
| Net profit | 900 | 977 | 1,147 | 1,354 | 1,573 | 1,879 |
| % Margin | 28% | 29% | 30% | 32% | 33% | 34% |