Related posts

U.S inflation hot, GDP cool, Wall Street down, TSX flatRally pausesTech earnings lead market decline
Investor Insights

This summary was created by AI, based on 5 opinions in the last 12 months.

StorageVault Canada (SVI-T) is the leading public storage company in Canada with strong organic growth and a solid track record of acquiring smaller companies in a fragmented industry. The company has a defensive positioning and is well diversified geographically, making it a resilient option for investors. Despite some concerns about economic prospects and a high debt load, experts see potential in SVI but suggest a lower entry point to reflect the associated risks.

Consensus
Potential
Valuation
Fair Value
Similar
EXI-T, Real Storage
PAST TOP PICK
StorageVault Canada
(A Top Pick Jan 08/24, Down 7%)

Declined because US comps are down, and rental rates are pressuring them. But in Canada, there's less density and a better dynamic. Company is run well, and he likes their M&A a lot. This dip is good to buy.

Transportation
TOP PICK
StorageVault Canada

An essential service, and SVI is the only public storage company in Canada. Not a REIT. Have strong organic growth, but also buy companies with a good track record in a fragmented industry in Canada. So there are lots of opportunities to buy smaller companies. They target 4-6% same property growth. Lease terms are typically 1.5-2 years, so prices can be reset. They keep capital costs very low, and are diversified geographically. Defensive. Is 16% below February 2023, so there's room to run.

(Analysts’ price target is $5.91)
Transportation
PAST TOP PICK
StorageVault Canada
(A Top Pick Sep 22/22, Down 18%)

Weak last quarter, but recovering on renewed guidance for double-digit growth. Unique because of high barriers to entry. Very good at acquiring. Should do well in a recession. Cheap. Falls between industrial and multi-residential.

Transportation
HOLD
StorageVault Canada

Great sector, recession resilient, flourishes with life's disasters. Largest operator in Canada. Internal growth 4-6% range, which he thinks is pretty good for a defensive asset class, but the market's less excited. Underperformed this year. Growing cashflow environment.

Transportation
BUY ON WEAKNESS
StorageVault Canada
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

We would be a bit more interested in SVI in the $4.25 range. The company has done an admirable job building out its business and consolidating its acquisitions. There are still plenty of small operators it can acquire. The stock had an initial big run and now has paused a bit (down 19% YTD) as investors reconsider economic prospects and the company's quite-high debt load. We do not think SVI has done anything wrong, but we would consider it a higher risk position now with higher interest rates and somewhat of an economic slowdown. It may see some tax loss selling. Generally though we like it, but would like it more a bit cheaper to reflect some of the risks here. 
Unlock Premium - Try 5i Free

Transportation
BUY ON WEAKNESS
StorageVault Canada
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research.

SVI has grown very nicely via acquisition of self-storage units. 
Revenue has doubled in three years. It remains unprofitable, but cash flow is now positive. 
Debt is VERY high at more than 20X cash flow, and remains the main risk. Insiders own 2% directly but 35% through holding companies. 
Good growth is expected. 
While we like the strategy and it has done well enough, the debt keeps our enthusiasm checked.  
Unlock Premium - Try 5i Free

Transportation
PAST TOP PICK
StorageVault Canada
(A Top Pick Jan 31/22, Up 1%)

It is the main player in the self storage business which is stable. It has good internal and external growth and is getting more adept in fine tuning its margins since it is such a large operator.

Transportation
TOP PICK
StorageVault Canada
Benefits in a recession as people have to downsize. Supply is tight, as it takes 1-2 years to zone a new storage facility. Great job consolidating. 1/3 management stock ownership. Focused in Canada. Cheap. Yield is 0.20%. (Analysts’ price target is $7.75)
Transportation
HOLD
StorageVault Canada
Excellent management team. Lots of tailwinds to further growth. Great profitability. Company's buying back stock. Primary way to play the industry in Canada. Stick with it.
Transportation
PAST TOP PICK
StorageVault Canada
(A Top Pick Mar 30/21, Up 46%) Likes the self-storage space, especially in Canada. The market leader. Has scale. Recession-resilient, as revenue relies on life events that happen irrespective of the economic cycle. Think death, divorce, dislocation, disaster. Discount to NAV, especially compared to its growth profile.
Transportation
PAST TOP PICK
StorageVault Canada
(A Top Pick Aug 10/20, Up 176.22%) Good performance of stock, a reflection of excellent business and management team. Hot housing market has resulted in strong earnings (lots of people moving required storage in-between houses). Company has good revenue management plan. Inflation helping company as agreement length not too long (can raise prices). Expects company to grow through M & A.
Transportation
TOP PICK
StorageVault Canada
The largest operator of storage vaults in Canada. Is a market leader consolidating the Canadian industry. Recession resistant - a safe and secure investment. Lots of upside and has just moved to the TSX. Discount to NAV.
Transportation
BUY
StorageVault Canada

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The growth has been nice and it should continue. Debt has increased significantly and the 10x sales valuation is a big concern. One of the largest players in the space. So far the company has done what they said they would. Unlock Premium - Try 5i Free

Transportation
BUY
StorageVault Canada
One of his favourites. Largest operator in Canada. Great sector, recession resilient. High-growth story. Strong internal cashflow. Good valuation compared to US peers. Customers are not only individuals but also businesses.
Transportation
BUY ON WEAKNESS
StorageVault Canada
Fantastic growth stock. Great margins. Highly fragmented business. Supply shortage. Great history of acquisitions. Tons of runway left in Canada. Multiple on the higher end. Risk is possible need to raise capital for a big acquisition. Hold and add on a pullback, or buy in chunks.
Transportation
Showing 1 to 15 of 66 entries

StorageVault Canada(SVI-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 3

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 4

Stockchase rating for StorageVault Canada is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

StorageVault Canada(SVI-T) Frequently Asked Questions

What is StorageVault Canada stock symbol?

StorageVault Canada is a Canadian stock, trading under the symbol SVI-T on the Toronto Stock Exchange (SVI-CT). It is usually referred to as TSX:SVI or SVI-T

Is StorageVault Canada a buy or a sell?

In the last year, 4 stock analysts published opinions about SVI-T. 3 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for StorageVault Canada.

Is StorageVault Canada a good investment or a top pick?

StorageVault Canada was recommended as a Top Pick by on . Read the latest stock experts ratings for StorageVault Canada.

Why is StorageVault Canada stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is StorageVault Canada worth watching?

4 stock analysts on Stockchase covered StorageVault Canada In the last year. It is a trending stock that is worth watching.

What is StorageVault Canada stock price?

On 2024-06-21, StorageVault Canada (SVI-T) stock closed at a price of $4.6.