Extra Space Storage Inc (EXR)vsPublic Storage (PSA)
EXR
Extra Space Storage Inc
$136.71
-1.67%
REAL ESTATE · Cap: $30.71B
PSA
Public Storage
$296.31
-1.48%
REAL ESTATE · Cap: $55.40B
Smart Verdict
WallStSmart Research — data-driven comparison
Public Storage generates 40% more annual revenue ($4.91B vs $3.51B). PSA leads profitability with a 41.6% profit margin vs 27.3%. PSA appears more attractively valued with a PEG of 4.62. PSA earns a higher WallStSmart Score of 62/100 (C+).
EXR
Buy55
out of 100
Grade: C
PSA
Buy62
out of 100
Grade: C+
Intrinsic Value Comparison
Multi-model valuation · Graham Formula
Margin of Safety
-6.3%
Fair Value
$134.05
Current Price
$136.71
$2.66 premium
Margin of Safety
-8.4%
Fair Value
$270.94
Current Price
$296.31
$25.37 premium
Key Strengths & Concerns
Side-by-side fundamental analysis
Key Strengths
Strong operational efficiency at 45.9%
Keeps 27 of every $100 in revenue as profit
Reasonable price relative to book value
Keeps 42 of every $100 in revenue as profit
Strong operational efficiency at 45.7%
Large-cap with strong market position
Every $100 of equity generates 22 in profit
Earnings expanding 45.1% YoY
Areas to Watch
Premium valuation, high expectations priced in
3.8% revenue growth
ROE of 7.2% — below average capital efficiency
Elevated debt levels
Moderate valuation
Trading at 10.8x book value
3.3% revenue growth
Elevated debt levels
Comparative Analysis Report
WallStSmart ResearchBull Case : EXR
The strongest argument for EXR centers on Operating Margin, Profit Margin, Price/Book. Profitability is solid with margins at 27.3% and operating margin at 45.9%.
Bull Case : PSA
The strongest argument for PSA centers on Profit Margin, Operating Margin, Market Cap. Profitability is solid with margins at 41.6% and operating margin at 45.7%.
Bear Case : EXR
The primary concerns for EXR are P/E Ratio, Revenue Growth, Return on Equity.
Bear Case : PSA
The primary concerns for PSA are P/E Ratio, Price/Book, Revenue Growth.
Key Dynamics to Monitor
EXR carries more volatility with a beta of 1.18 — expect wider price swings.
EXR is growing revenue faster at 3.8% — sustainability is the question.
PSA generates stronger free cash flow (799M), providing more financial flexibility.
Monitor REIT - INDUSTRIAL industry trends, competitive dynamics, and regulatory changes.
Bottom Line
PSA scores higher overall (62/100 vs 55/100), backed by strong 41.6% margins. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.
This analysis is generated from publicly available financial data. Not financial advice.
Extra Space Storage Inc
REAL ESTATE · REIT - INDUSTRIAL · USA
Extra Space Storage is a real estate investment trust headquartered in Cottonwood Heights, Utah that invests in self storage units.
Visit Website →Public Storage
REAL ESTATE · REIT - INDUSTRIAL · USA
Public Storage is an American international self storage company headquartered in Glendale, California, that is run as a real estate investment trust (REIT).
Visit Website →Compare with Other REIT - INDUSTRIAL Stocks
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