Global Self Storage, Inc. (SELF) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+616.1%

$35.09

vs $4.90 price

Levered DCF

$32.22

After debt service

Piotroski score

7 / 9

Strong

Altman Z-score

2.35

Grey zone

Rating

A-

Overall 4 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	28.33×	28.05×	17.85×	25.68×	17.27×	135.47×	53.75×	48.22×
P/B	1.22×	1.25×	1.06×	1.09×	1.21×	0.93×	0.79×	0.8×
P/S	4.48×	4.72×	4.2×	4.43×	5.41×	4.04×	3.82×	3.68×
EV / EBITDA	14.45×	14.73×	11.3×	14.33×	16.48×	17.17×	17.04×	16.77×
Gross margin	36.0%	62.2%	62.7%	65.1%	64.1%	61.0%	58.7%	59.8%
Operating margin	20.5%	23.1%	25.5%	29.5%	25.5%	13.3%	16.2%	17.6%
Net margin	16.0%	16.9%	24.1%	17.2%	31.2%	3.0%	6.8%	7.6%
Current ratio	11.58×	4.27×	4.16×	4.12×	2.47×	1.77×	2.61×	1.71×
Debt / equity	0.34×	0.34×	0.35×	0.36×	0.38×	0.59×	0.57×	0.52×
Interest coverage	3.05×	3.29×	0×	4.52×	2.57×	0×	1.3×	1.59×
Dividend yield	5.8%	5.5%	6.3%	5.7%	4.6%	6.5%	6.4%	6.7%
Payout ratio	160.9%	153.2%	109.7%	146.5%	79.5%	884.7%	356.8%	321.6%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	4.4%	4.5%	6.1%	4.3%	7.0%	0.7%	1.4%	1.7%
Return on invested capital	31.4%	4.5%	4.8%	5.3%	4.1%	1.9%	2.1%	2.5%
Return on assets	3.2%	3.2%	4.4%	3.1%	4.9%	0.4%	0.9%	1.1%
Free cash flow yield	7.3%	7.2%	8.4%	8.8%	6.0%	4.8%	5.0%	7.1%
Earnings yield	3.6%	3.6%	5.7%	3.9%	5.8%	0.7%	1.8%	2.1%
Enterprise value	$65.4M	$68.3M	$61.2M	$63.9M	$71.9M	$59.1M	$52.9M	$47.6M
Net debt / EBITDA	1.87×	1.98×	1.84×	2.46×	3.45×	6.37×	6.38×	6.25×
Cash conversion cycle (days)	3	4	5	5	-141	-133	-177	-213