National Storage Affiliates Trust Common Shares of Beneficial Interest (NSA): Price and Financial Metrics

NSA POWR Grades

• Sentiment is the dimension where NSA ranks best; there it ranks ahead of 70.95% of US stocks.
• The strongest trend for NSA is in Growth, which has been heading down over the past 178 days.
• NSA's current lowest rank is in the Value metric (where it is better than 28.55% of US stocks).

NSA Stock Summary

• With a price/earnings ratio of 41.28, NATIONAL STORAGE AFFILIATES TRUST P/E ratio is greater than that of about 85.51% of stocks in our set with positive earnings.
• Of note is the ratio of NATIONAL STORAGE AFFILIATES TRUST's sales and general administrative expense to its total operating expenses; merely 7.96% of US stocks have a lower such ratio.
• For NSA, its debt to operating expenses ratio is greater than that reported by 93.56% of US equities we're observing.
• If you're looking for stocks that are quantitatively similar to NATIONAL STORAGE AFFILIATES TRUST, a group of peers worth examining would be ADC, ATCO, TRTN, AHH, and KIM.
• NSA's SEC filings can be seen here. And to visit NATIONAL STORAGE AFFILIATES TRUST's official web site, go to www.nationalstorageaffiliates.com.

NSA Valuation Summary

• NSA's EV/EBIT ratio is 32.7; this is 20.22% higher than that of the median Real Estate stock.
• Over the past 96 months, NSA's price/sales ratio has gone up 0.6.

Below are key valuation metrics over time for NSA.

NSA Growth Metrics

Its 2 year net income to common stockholders growth rate is now at 1079.55%.
• The 3 year revenue growth rate now stands at 88.38%.
• The 3 year net cashflow from operations growth rate now stands at 116.45%.

Over the past 67 months, NSA's revenue has gone up $545,477,000.

The table below shows NSA's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2022-09-30	766.437	442.641	84.63
2022-06-30	710.507	414.133	92.749
2022-03-31	649.863	377.345	96.535
2021-12-31	585.671	331.349	92.149
2021-09-30	526.19	291.66	84.73
2021-06-30	484.821	259.23	67.994

NSA's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• NSA has a Quality Grade of C, ranking ahead of 38.09% of graded US stocks.
• NSA's asset turnover comes in at 0.135 -- ranking 136th of 444 Trading stocks.
• DHIL, AVB, and JHG are the stocks whose asset turnover ratios are most correlated with NSA.

The table below shows NSA's key quality metrics over time.