Loading…
← CockpitCompetitor Analysis › SKG.AX Storage King GroupOpen in the cockpit ↗

Storage King GroupSKG.AXCompetitor analysis, valuation and peers

Australia · AUD·Real Estate›Real Estate Investment Trusts
Momentum weak 38
Mkt cap
$1.05B
US dollars, full cap
Free float
22%
of shares outstanding
$/day
$2.10M
20-day average traded
P/B
0.64×
price to book
ROE
6.5%
delivered
Implied ROE
7.8%
what the price asks
Next earnings
98 days
12 Feb 2027
Close · AUDA$1.16
1D+1.3%
1W+4.5%
1M+7.9%
3M-10.8%
6M-16.6%
YTD-24.0%
1Y-17.5%
ATR %2.6%
52w lowhigh28.3% off high

What Storage King does

No business profile yet.

Storage King at a glance

Size Storage King (SKG.AX) is an Australia Real Estate company (Real Estate Investment Trusts) with a market value of $1.05B, the 174th largest of 316 Australia companies the cockpit tracks. Shares closed at A$1.16 on 6 Nov 2026.

Performance Over six months the shares fell 16.6%, against -14.3% for the median peer and +4.1% for the Australia market (cap-weighted) — 5th lowest of 21 in its peer set.

Growth Revenue grew 0.1% over the last twelve months (peer median +3.9%); the operating margin is 45.1% (peer median 45.3%).

Valuation It trades at 0.64× book value against a peer median of 0.81× (4th cheapest of 21).

Price implies The share price implies a return on equity of about 7.8%; Storage King delivers 6.5%, so the price asks more than the business earns today.

Next results Next results expected around 12 Feb 2027 (exchange calendar; dates can move).

Relative performance

809010011 May 202611 Aug 20266 Nov 2026Peer median 87SKG.AX 83
Six months, rebased to 100: Storage King against the median of its 20 peers (local-currency closes).

Storage King financials

Reported figures in AUD; fiscal year ends 2026-06-30. TTM = trailing twelve months.
TTMFY2026FY2025FY2024FY2023
RevenueA$247MA$247MA$247MA$222MA$202M
Revenue growth—0%+12%+10%—
Gross profitA$186MA$186MA$146MA$134MA$125M
EBITDAA$118MA$122MA$128MA$119MA$117M
Net incomeA$154MA$154MA$289MA$138MA$20.7M
Free cash flowA$72.1MA$72.1MA$83.8MA$66.3MA$91.6M
Capital expenditureA$6.82MA$6.82MA$4.91MA$7.55MA$7.78M
Total debtn/aA$1.39BA$1.15BA$995MA$173M

Quarterly statements and history in the cockpit →

Storage King competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-30%-20%-10%0%-10%0%+10%WPR8966AREIT3954008956DEA8987CY6UMPTGOZ8957OPGNHPLADRCSRWHANTDUORC3481SKG.AX6-month return →1-month return →
Up and to the right = strong over both horizons. Storage King is the large dot.

Fundamentals: return on equity against price-to-book

-5%0%5%10%15%0.50×10×WPR8966AREIT3954008956DEA8987CY6UMPTGOZ8957OPGNHPLADRH13CSRORC3481SKG.AXReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Storage King is the large dot.

Capital: ROE delivered against the ROE the price implies

-5%0%5%10%15%0%10%WPR8966AREIT3954008956DEACY6UGOZ8957OPGNHPLADRH13CSRORCSKG.AXROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Storage King is the large dot.

Storage King competitors and peer comparison

How Storage King compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Storage King against its 20 peers (data as of 6 Nov 2026)
MeasureSKG.AXPeer medianRank in peer set
1-month return+7.9%-1.6%4th highest of 21
6-month return-16.6%-14.3%5th lowest of 21
Return on equity6.5%6.0%8th highest of 20
Price / book0.64×0.81×4th cheapest of 21
Trailing P/E9.8×14.3×4th cheapest of 18
ROE the price implies7.8%5.7%8th most demanding of 21
ROE delivered6.5%6.0%8th highest of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Storage King SKG.AXAustralia$1.05B-17%0%7%0.64×7.8%6.5%
Waypoint REIT WPR.AXAustralia$1.05B-2%-1%7%0.80×8.8%6.8%
Heiwa Real Estate REIT 8966.TJapan$1.06B-15%+24%8%1.15×5.5%8.4%
Altareit AREIT.PAFrance$1.06B-9%-20%-5%1.38×7.7%-5.4%
SK REIT 395400.KSSouth Korea$1.04B-30%+15%6%0.73×4.8%5.7%
NTT UD REIT Investment 8956.TJapan$1.06B-16%+14%6%1.15×4.8%6.1%
Easterly Government Properties DEAUnited States$1.06B-4%+11%1%0.82×8.6%1.0%
Japan Excellent 8987.TJapan$1.04B-13%-18%6%1.09×4.6%6.0%
CapitaLand India Trust CY6U.SISingapore$1.03B-15%-2%16%0.71×5.0%15.7%
Medical Properties Trust MPTUnited States$1.08B-65%+11%5%0.23×5.2%5.3%
Growthpoint Properties Australia GOZ.AXAustralia$1.09B-2%0%4%0.69×8.7%3.9%
TOKYU REIT 8957.TJapan$1.10B-6%+10%9%1.37×5.2%8.6%
Cpi Fim OPG.WAPoland$1.00B-16%-35%11%0.58×5.9%11.1%
National Healthcare Properties NHPUnited States$1.11B+8%-1%-5%1.05×16.3%-5.3%
Ladder Capital LADRUnited States$1.12B-13%+2%7%0.77×8.3%6.7%
Ho Bee Land H13.SISingapore$978M-13%+5%3%0.33×2.6%2.7%
Centerspace CSRUnited States$963M-15%+15%12%1.21×10.3%11.7%
Wereldhave WHA.ASNetherlands$956M-15%+10%6%0.79×6.0%6.3%
Ntt Dc REIT NTDU.SISingapore$955M-9%-8%n/a0.80×3.1%n/a
Orchid Island Capital ORCUnited States$953M-30%+83%-1%0.82×11.3%-0.6%
Mitsubishi Estate Logistics REIT Investment 3481.TJapan$952M-17%-4%5%0.96×4.4%5.2%

Questions

Which companies are Storage King's closest peers?
The cockpit's peer set: Waypoint REIT (WPR.AX), Heiwa Real Estate REIT (8966.T), Altareit (AREIT.PA), SK REIT (395400.KS), NTT UD REIT Investment (8956.T), Easterly Government Properties (DEA), Japan Excellent (8987.T), CapitaLand India Trust (CY6U.SI).
Is Storage King expensive compared with its peers?
On price / book it trades at 0.64× against a peer median of 0.81×, 4th cheapest of 21 in its peer set. The share price implies a return on equity of about 7.8%; Storage King delivers 6.5%, so the price asks more than the business earns today.
How has Storage King stock performed?
Over six months to 6 Nov 2026 the shares returned -16.6% against -14.3% for the median peer; over one year -17.5%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.