Fair value (multi-method)
Four independent methods triangulate what EXR is worth. The headline is the Forward-DCF intrinsic value at a normalized growth rate; the margin of safety compares it to the current price.
Estimated fair value (Forward DCF)
$62.95
Method range
$40.31 – $156.50
median $102.01
Valuation methods
Each method’s implied fair value per share and its upside versus the current price. Missing methods (no analyst coverage, negative earnings, etc.) are shown as “—”.
| Method | Fair value | Upside vs price |
|---|---|---|
| Forward DCF | $62.95 | -56.60% |
| Exit multiple | $141.06 | -2.75% |
| Analyst target | $156.50 | +7.89% |
| Graham number | $40.31 | -72.21% |
- Forward DCF$62.95
- Exit multiple$141.06
- Analyst target$156.50
- Graham number$40.31
Stock price
$145.05
FCF / share (TTM)
$1.83
3Y FCF CAGR
6.2%
Fair value @ hist. growth
$30.00
This analysis is for informational purposes only and is not financial advice. Scenario prices and DCF-style figures depend on your assumptions and data from public filings and estimates. They are not forecasts of future returns.
Implied FCF growth
28.2%
per year over your projection horizon
Margin of safety -383.5% vs hist-growth DCF
Historical 3Y CAGR
6.2%
Your model implies
28.2%
Analyst consensus is EPS-only — no comparable FCF / share estimate to show on this basis.
Model inputs
Move sliders to test how the reverse DCF reacts. Historical-growth markers show where the company has actually grown over the last cycle.
Undiscounted FCF per share over 10 years at 6% annual growth.
Sensitivity — implied growth vs your assumptions
Each cell shows the per-share growth rate the market would need to justify the current price at that combination of discount rate (rows) and terminal growth (columns). Your selected inputs are highlighted.
| Row axis: discount rate. Column axis: terminal growth.Terminal g →↓ Discount | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% |
|---|---|---|---|---|---|
| 8.7% | 24.7% | 24.0% | 23.1% | 22.3% | 21.3% |
| 9.7% | 27.2% | 26.5% | 25.8% | 25.0% | 24.2% |
| 10.7% | 29.5% | 28.9% | 28.2% | 27.5% | 26.8% |
| 11.7% | 31.6% | 31.1% | 30.5% | 29.9% | 29.3% |
| 12.7% | 33.7% | 33.2% | 32.7% | 32.2% | 31.6% |
Historical multiples
Each bar is the trailing five-year range (low left, high right). Filled portion runs from low to today; the dot marks today; the small tick marks the five-year median. Low, median, and high are listed under each bar.
Net debt
$14.8B
Total debt − cash
Beta
1.20
Vs market benchmark
Frequently asked questions
Extra Space Storage (EXR) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation
How this company returns cash to shareholders — buybacks, dividends, and stock splits.