Shurgard Self Storage S.A
Shurgard Self Storage Ltd, together with its subsidiaries, engages in the acquisition, development, and operation of self-storage facilities for business and personal use. The company also offers various ancillary services at its self-storage facilities consisting of sale of storage products and provision of protection through an independent insurance company for customers' stored goods. The comp… Read more
Shurgard Self Storage S.A (SSSAF) - Net Assets
Latest net assets as of December 2025: $4.52 Billion USD
Based on the latest financial reports, Shurgard Self Storage S.A (SSSAF) has net assets worth $4.52 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.27 Billion) and total liabilities ($2.75 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $4.52 Billion |
| % of Total Assets | 62.19% |
| Annual Growth Rate | 16.53% |
| 5-Year Change | 82.54% |
| 10-Year Change | 293.62% |
| Growth Volatility | 7.56 |
Shurgard Self Storage S.A - Net Assets Trend (2014–2025)
This chart illustrates how Shurgard Self Storage S.A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shurgard Self Storage S.A (2014–2025)
The table below shows the annual net assets of Shurgard Self Storage S.A from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $4.52 Billion | +12.53% |
| 2024-12-31 | $4.02 Billion | +10.98% |
| 2023-12-31 | $3.62 Billion | +26.30% |
| 2022-12-31 | $2.87 Billion | +15.73% |
| 2021-12-31 | $2.48 Billion | +18.45% |
| 2020-12-31 | $2.09 Billion | +10.44% |
| 2019-12-31 | $1.89 Billion | +5.32% |
| 2018-12-31 | $1.80 Billion | +34.28% |
| 2017-12-31 | $1.34 Billion | +16.56% |
| 2016-12-31 | $1.15 Billion | +15.52% |
| 2015-12-31 | $994.78 Million | +18.35% |
| 2014-12-31 | $840.58 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shurgard Self Storage S.A's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 5820.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $3.34 Billion | 74.06% |
| Common Stock | $72.03 Million | 1.60% |
| Other Comprehensive Income | $140.61 Million | 3.12% |
| Other Components | $957.93 Million | 21.22% |
| Total Equity | $4.51 Billion | 100.00% |
Shurgard Self Storage S.A Competitors by Market Cap
The table below lists competitors of Shurgard Self Storage S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Sed Industry Co Ltd
SHE:000032
|
$1.21 Billion |
|
Scatec ASA
PINK:STECF
|
$1.21 Billion |
|
CESC Limited
NSE:CESC
|
$1.21 Billion |
|
HUTCHMED (CHINA) LS-1
F:H7T2
|
$1.21 Billion |
|
Now Inc
NYSE:DNOW
|
$1.21 Billion |
|
Chengdu Xingrong Investment Co Ltd
SHE:000598
|
$1.21 Billion |
|
Autek China Inc
SHE:300595
|
$1.21 Billion |
|
BANPU PCL -FGN- BA 1
F:BPFG
|
$1.21 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shurgard Self Storage S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,011,115,000 to 4,513,269,970, a change of 502,154,970 (12.5%).
- Net income of 597,536,115 contributed positively to equity growth.
- Dividend payments of 32,127,961 reduced retained earnings.
- Other comprehensive income increased equity by 140,607,316.
- Other factors decreased equity by 203,860,500.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $597.54 Million | +13.24% |
| Dividends Paid | $32.13 Million | -0.71% |
| Other Comprehensive Income | $140.61 Million | +3.12% |
| Other Changes | $-203.86 Million | -4.52% |
| Total Change | $- | 12.52% |
Book Value vs Market Value Analysis
This analysis compares Shurgard Self Storage S.A's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.95x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 3.28x to 0.95x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $11.16 | $36.65 | x |
| 2016-12-31 | $12.89 | $36.65 | x |
| 2017-12-31 | $15.03 | $36.65 | x |
| 2018-12-31 | $25.88 | $36.65 | x |
| 2019-12-31 | $21.18 | $36.65 | x |
| 2020-12-31 | $23.42 | $36.65 | x |
| 2021-12-31 | $27.66 | $36.65 | x |
| 2022-12-31 | $31.89 | $36.65 | x |
| 2023-12-31 | $39.92 | $36.65 | x |
| 2024-12-31 | $44.31 | $36.65 | x |
| 2025-12-31 | $38.52 | $36.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shurgard Self Storage S.A utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.24%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 131.84%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.61x
- Recent ROE (13.24%) is below the historical average (14.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 13.11% | 59.65% | 0.10x | 2.16x | $30.87 Million |
| 2016 | 18.42% | 90.96% | 0.11x | 1.89x | $96.49 Million |
| 2017 | 15.80% | 88.50% | 0.10x | 1.76x | $77.50 Million |
| 2018 | 9.54% | 69.93% | 0.09x | 1.58x | $-8.28 Million |
| 2019 | 7.90% | 58.07% | 0.08x | 1.61x | $-39.73 Million |
| 2020 | 13.87% | 106.67% | 0.08x | 1.60x | $80.74 Million |
| 2021 | 18.07% | 148.76% | 0.07x | 1.66x | $199.59 Million |
| 2022 | 20.07% | 171.28% | 0.07x | 1.63x | $288.18 Million |
| 2023 | 14.76% | 149.00% | 0.07x | 1.48x | $171.89 Million |
| 2024 | 10.04% | 99.10% | 0.06x | 1.65x | $1.74 Million |
| 2025 | 13.24% | 131.84% | 0.06x | 1.61x | $146.21 Million |
Industry Comparison
This section compares Shurgard Self Storage S.A's net assets metrics with peer companies in the REIT - Specialty industry.
Industry Context
- Industry: REIT - Specialty
- Average net assets among peers: $2,464,316,437
- Average return on equity (ROE) among peers: 25.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shurgard Self Storage S.A (SSSAF) | $4.52 Billion | 13.11% | 0.61x | $1.21 Billion |
| American Tower Corp (AMT) | $3.68 Billion | 17.30% | 2.82x | $84.34 Billion |
| Automotive Properties Real Estate Investment Trust (APPTF) | $663.40 Million | 10.85% | 0.79x | $198.09 Million |
| Crown Castle (CCI) | $11.57 Billion | 5.38% | 1.83x | $36.18 Billion |
| DIGITAL CORE REIT (DGTCF) | $1.28 Billion | 16.05% | 0.57x | $460.68 Million |
| Digital Realty Trust Inc (DLR) | $1.56 Billion | 4.33% | 1.10x | $55.29 Billion |
| EPR Properties (EPR) | $1.47 Billion | 0.55% | 0.83x | $4.11 Billion |
| Equinix Inc (EQIX) | $2.75 Billion | 6.84% | 2.77x | $92.84 Billion |
| Charter Hall Social Infrastructure REIT (FKKEF) | $1.43 Billion | 4.96% | 0.49x | $693.51 Million |
| Farmland Partners Inc (FPI) | $333.37K | 175.89% | 109.73x | $455.00 Million |
| Gaming & Leisure Properties (GLPI) | $236.33 Million | 9.70% | 0.13x | $12.71 Billion |