Extra Space Storage Inc (EXR)vsPublic Storage (PSA)
EXR
Extra Space Storage Inc
$155.98
+3.08%
REAL ESTATE · Cap: $31.95B
PSA
Public Storage
$333.24
+2.61%
REAL ESTATE · Cap: $60.68B
Smart Verdict
WallStSmart Research — data-driven comparison
Public Storage generates 44% more annual revenue ($5.04B vs $3.51B). PSA leads profitability with a 37.7% profit margin vs 27.3%. PSA appears more attractively valued with a PEG of 4.35. EXR earns a higher WallStSmart Score of 55/100 (C).
EXR
Buy55
out of 100
Grade: C
PSA
Buy54
out of 100
Grade: C-
Intrinsic Value Comparison
Multi-model valuation · Graham Formula
Margin of Safety
-6.4%
Fair Value
$133.86
Current Price
$155.98
$22.12 premium
Margin of Safety
-5.7%
Fair Value
$277.93
Current Price
$333.24
$55.31 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 38 of every $100 in revenue as profit
Strong operational efficiency at 39.5%
Large-cap with strong market position
Every $100 of equity generates 22 in profit
Areas to Watch
Premium valuation, high expectations priced in
3.8% revenue growth
ROE of 7.2% — below average capital efficiency
Elevated debt levels
Premium valuation, high expectations priced in
Elevated debt levels
Weak financial health signals
Expensive relative to growth rate
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 37.7% and operating margin at 39.5%. Revenue growth of 10.8% demonstrates continued momentum.
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, Debt/Equity, Piotroski F-Score.
Key Dynamics to Monitor
EXR profiles as a value stock while PSA is a mature play — different risk/reward profiles.
EXR carries more volatility with a beta of 1.17 — expect wider price swings.
PSA is growing revenue faster at 10.8% — sustainability is the question.
PSA generates stronger free cash flow (799M), providing more financial flexibility.
Bottom Line
EXR scores higher overall (55/100 vs 54/100), backed by strong 27.3% 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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