National Storage REIT (NSR) - Research

$1.725
Prices as at 16:40, 18 Apr 2019

NSR Current Share Price+

Current Price $1.725
Open $1.755
High $1.755
Low $1.715
Last Close $1.725
Volume 1255609
Price Movement - ( No change )
  • +Security prices are delayed by at least 20 minutes and are indicative only.

NSR General Information

National Storage REIT
NSR
http://www.nationalstorage.com.au
Specialized REITs
1,162
674

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 (%)
2020 F 72.09 10.84 12.10% 15.91 10.00 5.80% 0.0%
2019 F 62.60 9.68 1.10% 17.82 9.50 5.51% 0.0%
2018 A 51.40 9.57 4.70% 15.99 9.60 6.27% 0.0%

NSR Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2018 A 2019 F 2020 F 2018 A 2019 F 2020 F 2018 A 2019 F 2020 F
Charter Hall Education Trust (CQE) $1,054M 0.1199 0.0000 0.0000 19.6487 0.0000 0.0000 4.22% 0.00% 0.00%
Hotel Property Investments (HPI) $495M -0.0740 0.0617 0.0702 18.1867 17.1299 16.0057 5.78% 5.87% 5.97%
National Storage REIT (NSR) $1,159M 0.0000 0.0000 0.0852 0.0000 17.8794 16.4751 5.54% 5.55% 5.78%
Rural Funds (RFF) $747M -0.1206 0.1886 0.1025 20.2166 17.0084 15.4270 4.42% 4.66% 4.84%

NSR Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.96 38.40 12.70 0.61
Market 0.93 16.70 1.52 1.50
Sector 0.85 15.90 1.07 1.22

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
Stuart Owen Chief Financial Officer
Patrick Rogers Company Secretary,General Counsel and Chief Risk Officer
Patrick Rogers General Counsel and Chief Risk Officer

NSR Substantial Shareholders

Holding Name
49,859,721 (8.92%) Colonial First State Global Asset Management (Group)
36,770,374 (6.58%) Cohen and Steers Inc
31,029,783 (5.55%) Vanguard Investments Australia Ltd

NSR Calendar of Events

Date Event
26 February 2020 Report (Interim)
21 August 2019 Report (Annual)
21 August 2019 Report (Prelim)

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