National Storage REIT (NSR) - Research

$1.800 0.005 (0.28%)

NSR General Information +

ASX Code NSR
Website http://www.nationalstorage.com.au
GICS Sub-Industry Specialized REITs
Market Cap ($M) 1,418
Current Price $1.800
Day High $1.840
Day Low $1.800
Last Close $1.795
Price Movement $0.01 ( 0.28% )
Prices as at 16:40, 20 Sep 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

NSR Company Overview

Business Description

National Storage REIT (NSR) is a self-storage owner/operator. NSR has 116 Storage centers under operation or management which provides tailoring storage solutions to 40000 customers across Australia and New Zealand. NSR now manages over 65,400 storage units across approximately 622,000 sqm. They are offering spans self-storage, business storage, records management, climate-controlled wine storage, vehicle storage, vehicle and trailer hire, packaging, insurance and other value-added services.

NSR Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2021 F 101.45 11.92 16.30% 15.10 11.00 6.11% 0.0%
2020 F 80.07 10.25 6.80% 17.56 10.00 5.56% 0.0%
2019 A 62.40 9.60 0.40% 18.15 9.60 5.51% 0.0%

NSR Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2019 A 2020 F 2021 F 2019 A 2020 F 2021 F 2019 A 2020 F 2021 F
Charter Hall Education Trust (CQE) $1,094M -0.3414 0.4250 0.0620 30.2500 21.2281 19.9890 4.41% 4.57% 4.71%
Hotel Property Investments (HPI) $499M 0.0520 0.0694 -0.0229 17.3381 16.2136 16.5935 5.85% 6.08% 6.20%
National Storage REIT (NSR) $1,415M 0.0000 0.0000 0.0870 0.0000 17.7547 16.3330 5.35% 5.57% 5.87%
Rural Funds (RFF) $576M -0.5560 1.8557 0.0577 34.9593 12.2420 11.5747 6.07% 6.31% 6.56%

NSR Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 1.12 0.00 10.45 0.00
Market 0.86 16.80 1.61 1.83
Sector 0.71 18.10 1.09 1.24

NSR Directors

Name Position Start Date
Ms Claire Fidler Company Secretary, Executive Director 18 Jul 2017
Mr Andrew Catsoulis Managing Director 18 Jul 2014
Mr Howard Ewan Brenchley Non-Executive Director 8 Sep 2015
Mr Steven John Leigh Non-Executive Director 8 Sep 2015
Mr Anthony (Tony) Keane Non-Executive Director 18 Jul 2014
Mr Laurence (Laurie) Ralph Brindle Non-Executive Director, Non-Executive Chairman 1 Nov 2013

NSR Management

Name Position
Patrick Rogers Company Secretary,General Counsel and Chief Risk Officer

NSR Substantial Shareholders

Holding Name
48,776,391 (6.31%) Vanguard Investments Australia Ltd
42,449,137 (5.49%) MFS Investment Management Limited

NSR Calendar of Events

Date Event
26 August 2020 Report (Annual)
26 August 2020 Report (Prelim)
26 February 2020 Report (Interim)

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