What Is EXR Fair Value?
Extra Space Storage (EXR) fair value estimate using multiple valuation models, updated daily.
As of October 14, 2026, Extra Space Storage (EXR) has a composite fair value estimate of $62.50 based on four valuation models: DCF (35% weight), Graham Number (25% weight), PEG (25% weight), and DDM (15% weight). The current market price is $133.74, suggesting the stock is overvalued by 53.3%.
Data as of October 14, 2026 (today)
Composite Fair Value
Overvalued4 of 4 models$62.50
vs. current price of $133.74(-53.3%)
How Is EXR Fair Value Calculated?
Four independent models estimate what EXR is worth. Each uses different inputs and assumptions. The composite blends them by weight.
EXR Intrinsic Value
Forward-looking models based on future cash flows
DCF (Discounted Cash Flow)
35% weightEstimates how much cash the company will generate over the next 10 years, then calculates what all that future cash is worth in today's dollars. Includes a 15% safety cushion. Try the standalone DCF calculator →
$47.38
-64.6%Overvalued
Inputs used
DDM (Dividend Discount Model)
15% weightIf a company pays you dividends, this model asks: how much are all those future dividend payments worth today? Only works for stocks that pay dividends. Try the intrinsic value calculator →
$74.16
-44.6%Overvalued
Inputs used
EXR Fair Value
Current fundamentals: earnings, assets, and growth rate
Graham Number (Value Investing)
25% weightCreated by legendary investor Benjamin Graham. It looks at two things: how much the company earns (EPS) and what its assets are worth (Book Value), then calculates the maximum price a careful investor should pay. Try the fair value calculator →
$81.00
-39.4%Overvalued
Inputs used
PEG (Price/Earnings to Growth)
25% weightChecks if you're paying a fair price for the company's growth. A fast-growing company deserves a higher price than a slow one. This model finds the right price based on how fast earnings are growing.
$46.47
-65.3%Overvalued
Inputs used
What If You Change the Assumptions?
Drag the sliders to test different scenarios. Tap the ? buttons to learn what each input means.
Your DCF Fair Value
Current price $133.74 is 64.6% above this estimate
View 10-year cash flow projections
| Year | Projected FCF (Free Cash Flow) | Present Value |
|---|---|---|
| Year 1 | $1.54B | $1.42B |
| Year 2 | $1.58B | $1.34B |
| Year 3 | $1.62B | $1.26B |
| Year 4 | $1.66B | $1.19B |
| Year 5 | $1.70B | $1.13B |
| Year 6 | $1.75B | $1.07B |
| Year 7 | $1.79B | $1.01B |
| Year 8 | $1.84B | $952.2M |
| Year 9 | $1.88B | $899.6M |
| Year 10 | $1.93B | $850.0M |
| Terminal Value | $32.68B | $14.37B |
What Are EXR's Key Financial Metrics?
Earnings & Growth
Current Price
$133.74
EPS (TTM)
$4.53
Forward P/E
27.7
Profit Margin
27.3%
Cash & Balance Sheet
Free Cash Flow
1.5B
EBITDA
2.3B
Book Value
$62.75
Total Debt
14.4B
What Do Analysts Say About EXR?
Low
$140.00
Average
$157.55
High
$178.00
Upside
+17.8%
EXR Fair Value FAQ
What is the fair value of EXR?
Based on our composite model (DCF 35%, Graham 25%, PEG 25%, DDM 15%), EXR's estimated fair value is $62.50. The stock is currently trading at $133.74, which makes it overvalued by our analysis.
How is EXR's fair value calculated?
We use four valuation methods: Discounted Cash Flow (DCF), Graham Number, PEG-based Fair Value, and Dividend Discount Model (for dividend-paying stocks). The composite score weights DCF at 35%, Graham and PEG at 25% each, and DDM at 15%. When a model can't be applied, its weight is redistributed proportionally.
Is EXR overvalued or undervalued?
Based on our analysis, EXR is overvalued. The current price of $133.74 is 53.3% above our estimated fair value of $62.50.
What do Wall Street analysts say about EXR?
20 analysts cover Extra Space Storage with a consensus rating of "Buy." The average price target is $157.55, ranging from $140.00 to $178.00. This implies 17.8% upside from the current price.