SmartStop Self Storage REIT, Inc. Financial Ratios — D630

Profitability (USD)

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	- -	-19.49	-8.98	1.32	-0.54	-4.26	-1.12
Return on Assets (%)	- -	- -	-3.42	-1.17	1.06	0.51	-0.29	-0.07
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	-29.12
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	-28.67
Gross Margin (%)	55.87	55.88	62.17	68.09	69.17	68.03	65.69	61.35
EBITDA Margin (%)	48.44	48.1	16.88	41.4	61.36	56.16	52.88	47.06
Operating Margin (%)	21.49	7.37	14.97	22.68	25.5	30.4	29.38	21.72
Incremental Operating Margin (%)	- -	- -	72.43	44.04	36.34	81.57	- -	- -
Pretax Margin (%)	-4.63	-22.91	-45.99	-12.67	9.93	3.88	-1.86	0.06
Profit Margin (%)	-4.6	-21.08	-35.72	-10.01	8.85	4.19	-2.37	-0.55
Net Income to Common Margin (%)	-4.6	-22.6	-43.83	-17.42	2.97	-1.18	-7.75	-3.12
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	1,159.15
Dvd Payout Ratio (%)	-469.31	-57.49	-26.26	-74.68	411.05	3,903.65	-196.33	-816.24
Sustainable Growth Rate (%)	- -	- -	-24.61	-15.69	-4.11	20.49	-12.62	-10.23

Credit (USD)

Credit Ratios API ChatGPT

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	- -	719	724	874	1,068	1,087	1,317	1,098
ST Debt	- -	6	6	- -	- -	- -	- -	- -
LT Debt	- -	713	718	874	1,068	1,087	1,317	1,098
Total Debt/EBITDA	- -	13.64	34.61	12.51	8.19	8.31	10.51	8.3
Net Debt/EBITDA	- -	12.46	31.13	11.97	7.88	7.97	10.33	7.89
Total Debt/EBIT	- -	62.02	-34.27	52.94	16.22	15.4	19.03	18.58
Net Debt/EBIT	- -	56.64	-30.83	50.68	15.62	14.76	18.7	17.67
EBITDA to Interest Expense	1.99	1.27	0.58	2.09	3.14	2.12	1.73	2.21
EBITDA-CapEx/Interest Expense	1.99	1.27	0.58	2.09	3.14	2.12	1.73	2.21
EBIT to Interest Expense	0.88	0.19	0.52	1.15	1.31	1.15	0.96	1.02
Interest Expense	20	42	36	33	42	62	72	60
Common Equity/Total Assets	- -	24.19	18.76	25.59	27.93	25.09	18.99	48.53
Long-Term Debt/Equity (%)	- -	133.06	144.48	129.45	127.99	142.42	196.35	85.81
Long-Term Debt/Capital (%)	- -	56.82	58.79	56.42	56.14	58.75	66.26	46.18
Long-Term Debt/Total Assets (%)	- -	54.35	55.99	54	54.87	57.36	64.51	45.16
Total Debt/Equity (%)	- -	134.17	145.77	129.45	127.99	142.42	196.35	85.81
Total Debt/Capital (%)	- -	57.3	59.31	56.42	56.14	58.75	66.26	46.18
Total Debt/Total Assets (%)	- -	54.8	56.49	54	54.87	57.36	64.51	45.16
Net Debt to Equity	- -	122.55	131.14	123.93	123.26	136.52	192.91	81.57
Net Debt/Capital (%)	- -	55.07	56.74	55.34	55.21	57.72	65.86	44.92
EBITDA	39	53	21	70	130	131	125	132
EBITDA-CapEx	39	53	21	70	130	131	125	132
Operating Income (Loss)	17	8	19	38	54	71	70	61

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	- -	2.46	2.4	1.18	1.04	1.17	0.48	1.14
Current Ratio	- -	2.7	2.66	1.41	1.22	1.39	0.61	1.25
Quick Ratio	- -	2.46	2.4	1.18	1.04	1.17	0.48	1.14
CFO/Avg Current Liab	- -	- -	0.96	1.9	2.53	1.92	1.48	1.79
Common Equity/Total Assets	- -	24.19	18.76	25.59	27.93	25.09	18.99	48.53
Long-Term Debt/Equity (%)	- -	133.06	144.48	129.45	127.99	142.42	196.35	85.81
Long-Term Debt/Capital (%)	- -	56.82	58.79	56.42	56.14	58.75	66.26	46.18
Long-Term Debt/Total Assets (%)	- -	54.35	55.99	54	54.87	57.36	64.51	45.16
Total Debt/Equity (%)	- -	134.17	145.77	129.45	127.99	142.42	196.35	85.81
Total Debt/Capital (%)	- -	57.3	59.31	56.42	56.14	58.75	66.26	46.18
Total Debt/Total Assets (%)	- -	54.8	56.49	54	54.87	57.36	64.51	45.16
CFO/Total Liabilities	- -	1.26	3.41	6.23	7.9	6.46	4.67	7.37
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	- -	- -	- -	- -	- -	- -	- -	0.71

Working Capital (USD)

Working Capital Ratios API ChatGPT

No data availableFinancial data will appear here once available

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	- -	- -	- -	- -	- -	1,704
- Cash & Cash Equivalents	- -	62	73	37	39	45	23	54
+ Preferred Equity and Hybrid Capital	- -	146	196	196	196	196	196	- -
+ Minority/Non Controlling Interest	- -	72	60	65	94	92	87	100
+ Total Debt	- -	719	724	874	1,068	1,087	1,317	1,098
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	2,848
Total Capital	- -	1,254	1,221	1,549	1,903	1,851	1,988	2,378
Total Debt/Capital (%)	- -	57.3	59.31	56.42	56.14	58.75	66.26	46.18
Total Debt / EV	- -	- -	- -	- -	- -	- -	- -	0.39
EV/Sales	- -	- -	- -	- -	- -	- -	- -	10.13
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	21.53
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	48.19
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	1,456
Diluted Enterprise Value	- -	- -	- -	- -	- -	- -	- -	2,600
EV per Share	- -	- -	- -	- -	- -	- -	- -	51.44
TTM Sales	80	110	124	169	213	233	237	281
TTM EBITDA	39	53	21	70	130	131	125	132
TTM Operating Income	17	8	19	38	54	71	70	61
TTM Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	-549
TTM Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	-549

Multiples (USD)

Valuation Multiples API ChatGPT

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	- -	- -	- -	- -	- -	- -	17.14
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	48.19
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	2,848
Low Price	- -	- -	- -	- -	- -	- -	- -	29.35
EV/Sales	- -	- -	- -	- -	- -	- -	- -	10.13
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	21.53
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Average	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings High	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Low	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value	- -	- -	- -	- -	- -	- -	- -	1.44
Price/Book Value Average	- -	- -	- -	- -	- -	- -	- -	1.64
Price/Book Value High	- -	- -	- -	- -	- -	- -	- -	1.82
Price/Book Value Low	- -	- -	- -	- -	- -	- -	- -	1.38
Price/Tangible Book Value	- -	- -	- -	- -	- -	- -	- -	1.58
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	- -	- -	1.8
Price/Tangible Book Value High	- -	- -	- -	- -	- -	- -	- -	2
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	- -	- -	1.51
Price/Sales	- -	- -	- -	- -	- -	- -	- -	5.18
Price/Sales Average	- -	- -	- -	- -	- -	- -	- -	5.88
Price/Sales High	- -	- -	- -	- -	- -	- -	- -	6.53
Price/Sales Low	- -	- -	- -	- -	- -	- -	- -	4.94
Price/Cash Flow	- -	- -	- -	- -	- -	- -	- -	17.14
Price/Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	19.47
Price/Cash Flow High	- -	- -	- -	- -	- -	- -	- -	21.62
Price/Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	16.34
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	19.47
Price/Free Cash Flow High	- -	- -	- -	- -	- -	- -	- -	21.62
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	16.34
EV/Sales Average	- -	- -	- -	- -	- -	- -	- -	10.96
EV/Sales High	- -	- -	- -	- -	- -	- -	- -	11.71
EV/Sales Low	- -	- -	- -	- -	- -	- -	- -	9.85
EV/EBITDA Average	- -	- -	- -	- -	- -	- -	- -	23.28
EV/EBITDA High	- -	- -	- -	- -	- -	- -	- -	24.9
EV/EBITDA Low	- -	- -	- -	- -	- -	- -	- -	20.93
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	52.12
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	55.73
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	46.85
Last Price	- -	- -	- -	- -	- -	- -	- -	30.78
High Price	- -	- -	- -	- -	- -	- -	- -	38.84
Enterprise Value Average	- -	- -	- -	- -	- -	- -	- -	3,080
Enterprise Value High	- -	- -	- -	- -	- -	- -	- -	3,294
Enterprise Value Low	- -	- -	- -	- -	- -	- -	- -	2,769

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Shares Outstanding	24	21	21	27	30	24	24	55
Diluted Weighted Avg Shares	24	24	60	79	92	97	97	47
Basic Weighted Avg Shares	24	24	60	79	92	97	97	47
Revenue per Share	3.35	4.56	2.08	2.12	2.31	2.41	2.45	5.94
EBITDA per Share	1.62	2.19	0.35	0.88	1.42	1.35	1.3	2.8
Operating Income per Share	0.72	0.34	0.31	0.48	0.59	0.73	0.72	1.29
Basic EPS, GAAP	-0.15	-1.03	-0.91	-0.37	0.07	-0.03	-0.19	-0.19
Basic EPS from Cont Ops	-0.15	-1.04	-0.86	-0.25	0.24	0.12	-0.06	-0.04
Diluted EPS, GAAP	-0.15	-1.03	-0.91	-0.37	0.07	-0.03	-0.19	-0.19
Diluted EPS from Cont Ops	-0.15	-1.04	-0.86	-0.25	0.24	0.12	-0.06	-0.04
Dividend per Share	0.73	0.76	0.47	0.48	0.67	0.55	0.52	1.73
Cash Flow per Share	0.76	0.41	0.45	0.74	0.96	0.76	0.66	1.8
Free Cash Flow per Basic Share	0.76	0.41	0.45	0.74	0.96	0.76	0.66	1.8
Cash & Equivalents per Share	- -	2.97	3.45	1.36	1.3	1.86	0.96	0.98
Book Value per Share	- -	15.12	11.42	15.16	17.95	19.64	16.15	21.32
Tangible Book Value per Share	- -	9.01	7.51	12.08	15.14	16.72	12.98	19.44