What Is EXR Fair Value?
Extra Space Storage (EXR) fair value estimate using multiple valuation models, updated daily.
As of July 16, 2026, Extra Space Storage (EXR) has a composite fair value estimate of $53.93 based on four valuation models: DCF (35% weight), Graham Number (25% weight), PEG (25% weight), and DDM (15% weight). The current market price is $144.64, suggesting the stock is overvalued by 62.7%.
Data as of July 16, 2026 (today)
Composite Fair Value
Overvalued4 of 4 models$53.93
vs. current price of $144.64(-62.7%)
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 →
$28.21
-80.5%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 →
$72.63
-49.8%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 →
$80.28
-44.5%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.
$45.38
-68.6%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 $144.64 is 80.5% above this estimate
View 10-year cash flow projections
| Year | Projected FCF (Free Cash Flow) | Present Value |
|---|---|---|
| Year 1 | $1.37B | $1.26B |
| Year 2 | $1.40B | $1.18B |
| Year 3 | $1.42B | $1.10B |
| Year 4 | $1.45B | $1.03B |
| Year 5 | $1.48B | $968.5M |
| Year 6 | $1.51B | $907.4M |
| Year 7 | $1.54B | $850.3M |
| Year 8 | $1.57B | $796.7M |
| Year 9 | $1.60B | $746.5M |
| Year 10 | $1.63B | $699.4M |
| Terminal Value | $26.35B | $11.27B |
What Are EXR's Key Financial Metrics?
Earnings & Growth
Current Price
$144.64
EPS (TTM)
$4.43
Forward P/E
30.4
Profit Margin
27.1%
Cash & Balance Sheet
Free Cash Flow
1.3B
EBITDA
2.3B
Book Value
$63.13
Total Debt
13.9B
What Do Analysts Say About EXR?
Low
$140.00
Average
$156.53
High
$178.00
Upside
+8.2%
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 $53.93. The stock is currently trading at $144.64, 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 $144.64 is 62.7% above our estimated fair value of $53.93.
What do Wall Street analysts say about EXR?
19 analysts cover Extra Space Storage with a consensus rating of "Buy." The average price target is $156.53, ranging from $140.00 to $178.00. This implies 8.2% upside from the current price.