WallStSmart

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

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Public Storage generates 1636% more annual revenue ($4.87B vs $280.69M). PSA leads profitability with a 39.1% profit margin vs 4.6%. PSA earns a higher WallStSmart Score of 62/100 (C+).

PSA

Buy

62

out of 100

Grade: C+

Growth: 6.0Profit: 8.5Value: 4.0Quality: 4.3
Piotroski: 4/9Altman Z: 1.13

SMA

Hold

47

out of 100

Grade: D+

Growth: 6.7Profit: 5.0Value: 5.3Quality: 4.0
Piotroski: 4/9Altman Z: 0.13
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

PSAUndervalued (+6.8%)

Margin of Safety

+6.8%

Fair Value

$315.32

Current Price

$311.04

$4.28 discount

UndervaluedFair: $315.32Overvalued
SMAUndervalued (+6.3%)

Margin of Safety

+6.3%

Fair Value

$34.80

Current Price

$32.56

$2.24 discount

UndervaluedFair: $34.80Overvalued

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
$54.30B9/10

Large-cap with strong market position

Return on EquityProfitability
20.2%9/10

Every $100 of equity generates 20 in profit

EPS GrowthGrowth
32.8%8/10

Earnings expanding 32.8% YoY

SMA3 strengths · Avg: 8.0/10
Price/BookValuation
1.5x8/10

Reasonable price relative to book value

Operating MarginProfitability
20.0%8/10

Strong operational efficiency at 20.0%

Revenue GrowthGrowth
24.6%8/10

Revenue surging 24.6% year-over-year

Areas to Watch

PSA4 concerns · Avg: 3.5/10
P/E RatioValuation
32.0x4/10

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

PEG RatioValuation
4.502/10

Expensive relative to growth rate

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

0.0% earnings growth

Market CapQuality
$1.92B3/10

Smaller company, higher risk/reward

Return on EquityProfitability
1.5%3/10

ROE of 1.5% — below average capital efficiency

Profit MarginProfitability
4.6%3/10

4.6% 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. Revenue growth of 24.6% 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. Thin 4.6% margins leave little buffer for downturns.

Key Dynamics to Monitor

PSA profiles as a value stock while SMA is a growth play — different risk/reward profiles.

PSA carries more volatility with a beta of 0.98 — expect wider price swings.

SMA is growing revenue faster at 24.6% — sustainability is the question.

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

Bottom Line

PSA scores higher overall (62/100 vs 47/100), 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 premier real estate investment trust specializing in the acquisition, development, and management of high-quality self-storage facilities throughout the United States and Canada. With a strategic focus on cash flow generation and long-term value creation, SmartStop is committed to operational excellence and superior customer service, which collectively enhance shareholder returns. As a publicly traded company, it provides institutional investors with a compelling opportunity to invest in the resilient self-storage sector, characterized by steady demand and reliable rental income, positioning SmartStop as a noteworthy asset in the dynamic real estate market.

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