WallStSmart

Public Storage (PSA)vsSmartStop Self Storage REIT, Inc. (SMA)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Public Storage generates 1664% more annual revenue ($4.87B vs $276.09M). PSA leads profitability with a 39.1% profit margin vs 4.7%. PSA trades at a lower P/E of 33.1x. PSA earns a higher WallStSmart Score of 62/100 (C+).

PSA

Buy

62

out of 100

Grade: C+

Growth: 6.0Profit: 8.5Value: 3.3Quality: 3.5
Piotroski: 3/9Altman Z: 1.00

SMA

Hold

45

out of 100

Grade: D+

Growth: 6.0Profit: 5.0Value: 4.0Quality: 4.0
Piotroski: 5/9Altman Z: 0.49
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

PSAFair Value (-2.6%)

Margin of Safety

-2.6%

Fair Value

$286.36

Current Price

$309.68

$23.32 premium

UndervaluedFair: $286.36Overvalued

Intrinsic value data unavailable for SMA.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

PSA5 strengths · Avg: 9.2/10
Profit MarginProfitability
39.1%10/10

Keeps 39 of every $100 in revenue as profit

Operating MarginProfitability
46.0%10/10

Strong operational efficiency at 46.0%

Market CapQuality
$56.36B9/10

Large-cap with strong market position

Return on EquityProfitability
20.6%9/10

Every $100 of equity generates 21 in profit

EPS GrowthGrowth
32.8%8/10

Earnings expanding 32.8% YoY

SMA2 strengths · Avg: 8.0/10
Price/BookValuation
1.5x8/10

Reasonable price relative to book value

Operating MarginProfitability
21.5%8/10

Strong operational efficiency at 21.5%

Areas to Watch

PSA4 concerns · Avg: 3.8/10
P/E RatioValuation
33.1x4/10

Premium valuation, high expectations priced in

Price/BookValuation
11.1x4/10

Trading at 11.1x book value

Revenue GrowthGrowth
3.2%4/10

3.2% revenue growth

Debt/EquityHealth
1.053/10

Elevated debt levels

SMA4 concerns · Avg: 3.3/10
EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Market CapQuality
$1.78B3/10

Smaller company, higher risk/reward

Return on EquityProfitability
1.1%3/10

ROE of 1.1% — below average capital efficiency

Profit MarginProfitability
4.7%3/10

4.7% margin — thin

Comparative Analysis Report

WallStSmart Research

Bull Case : PSA

The strongest argument for PSA centers on Profit Margin, Operating Margin, Market Cap. Profitability is solid with margins at 39.1% and operating margin at 46.0%.

Bull Case : SMA

The strongest argument for SMA centers on Price/Book, Operating Margin. Revenue growth of 13.1% demonstrates continued momentum.

Bear Case : PSA

The primary concerns for PSA are P/E Ratio, Price/Book, Revenue Growth.

Bear Case : SMA

The primary concerns for SMA are EPS Growth, Market Cap, Return on Equity. A P/E of 100.8x leaves little room for execution misses. Thin 4.7% margins leave little buffer for downturns.

Key Dynamics to Monitor

PSA carries more volatility with a beta of 0.96 — expect wider price swings.

SMA is growing revenue faster at 13.1% — sustainability is the question.

PSA generates stronger free cash flow (625M), providing more financial flexibility.

Monitor REIT - INDUSTRIAL industry trends, competitive dynamics, and regulatory changes.

Bottom Line

PSA scores higher overall (62/100 vs 45/100), backed by strong 39.1% margins. Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

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).

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SmartStop Self Storage REIT, Inc.

REAL ESTATE · REIT - INDUSTRIAL · USA

SmartStop Self Storage REIT, Inc. is a prominent real estate investment trust focused on acquiring, developing, and managing high-quality self-storage facilities throughout the United States and Canada. With a strong emphasis on operational efficiency and exemplary customer service, SmartStop is committed to enhancing cash flow generation and delivering long-term value for its shareholders. As a publicly traded entity, it provides institutional investors with a strategic opportunity to access the resilient self-storage sector, characterized by stable demand and reliable rental income, making SmartStop a significant contender in the dynamic real estate market.

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