EQUITY LIFESTYLE PROPERTIES (ELS) Stock Fundamental Analysis
NYSE:ELS - US29472R1086 - REIT
59.96 USD
-0.51 (-0.84%)
We assign a fundamental rating of 5 out of 10 to ELS. ELS was compared to 20 industry peers in the Residential REITs industry. ELS scores excellent on profitability, but there are concerns on its financial health. ELS is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year ELS was profitable.
ELS had a positive operating cash flow in the past year.
Each year in the past 5 years ELS has been profitable.
Each year in the past 5 years ELS had a positive operating cash flow.
1.2 Ratios
ELS's Return On Assets of 6.43% is amongst the best of the industry. ELS outperforms 95.00% of its industry peers.
ELS has a Return On Equity of 21.24%. This is amongst the best in the industry. ELS outperforms 100.00% of its industry peers.
The Return On Invested Capital of ELS (7.37%) is better than 100.00% of its industry peers.
ELS had an Average Return On Invested Capital over the past 3 years of 6.66%. This is above the industry average of 2.61%.
The last Return On Invested Capital (7.37%) for ELS is above the 3 year average (6.66%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.43% | ||
| ROE | 21.24% | ||
| ROIC | 7.37% |
ROA(3y)5.76%
ROA(5y)5.48%
ROE(3y)20.92%
ROE(5y)19.96%
ROIC(3y)6.66%
ROIC(5y)6.48%
1.3 Margins
Looking at the Profit Margin, with a value of 24.25%, ELS is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
In the last couple of years the Profit Margin of ELS has declined.
ELS has a Operating Margin of 33.47%. This is amongst the best in the industry. ELS outperforms 100.00% of its industry peers.
ELS's Operating Margin has been stable in the last couple of years.
ELS has a Gross Margin of 52.77%. This is amonst the worse of the industry: ELS underperforms 85.00% of its industry peers.
ELS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 33.47% | ||
| PM (TTM) | 24.25% | ||
| GM | 52.77% |
OM growth 3Y4.08%
OM growth 5Y0.27%
PM growth 3Y6.52%
PM growth 5Y-2.3%
GM growth 3Y1.58%
GM growth 5Y-0.14%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ELS is destroying value.
ELS has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, ELS has more shares outstanding
Compared to 1 year ago, ELS has an improved debt to assets ratio.
2.2 Solvency
ELS has an Altman-Z score of 2.21. This is not the best score and indicates that ELS is in the grey zone with still only limited risk for bankruptcy at the moment.
ELS has a Altman-Z score of 2.21. This is amongst the best in the industry. ELS outperforms 100.00% of its industry peers.
ELS has a debt to FCF ratio of 9.29. This is a negative value and a sign of low solvency as ELS would need 9.29 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 9.29, ELS belongs to the best of the industry, outperforming 90.00% of the companies in the same industry.
A Debt/Equity ratio of 1.88 is on the high side and indicates that ELS has dependencies on debt financing.
ELS has a worse Debt to Equity ratio (1.88) than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.88 | ||
| Debt/FCF | 9.29 | ||
| Altman-Z | 2.21 |
ROIC/WACC0.96
WACC7.65%
2.3 Liquidity
ELS has a Current Ratio of 0.03. This is a bad value and indicates that ELS is not financially healthy enough and could expect problems in meeting its short term obligations.
ELS has a worse Current ratio (0.03) than 85.00% of its industry peers.
ELS has a Quick Ratio of 0.03. This is a bad value and indicates that ELS is not financially healthy enough and could expect problems in meeting its short term obligations.
ELS has a Quick ratio of 0.03. This is amonst the worse of the industry: ELS underperforms 85.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.03 | ||
| Quick Ratio | 0.03 |
3. Growth
3.1 Past
The earnings per share for ELS have decreased by -0.52% in the last year.
ELS shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 4.77% yearly.
ELS shows a small growth in Revenue. In the last year, the Revenue has grown by 0.59%.
Measured over the past years, ELS shows a quite strong growth in Revenue. The Revenue has been growing by 8.11% on average per year.
EPS 1Y (TTM)-0.52%
EPS 3Y11.41%
EPS 5Y4.77%
EPS Q2Q%-7.14%
Revenue 1Y (TTM)0.59%
Revenue growth 3Y4.98%
Revenue growth 5Y8.11%
Sales Q2Q%-0.83%
3.2 Future
The Earnings Per Share is expected to grow by 6.62% on average over the next years.
ELS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.16% yearly.
EPS Next Y1%
EPS Next 2Y4.09%
EPS Next 3Y5.42%
EPS Next 5Y6.62%
Revenue Next Year1.89%
Revenue Next 2Y2.35%
Revenue Next 3Y3.47%
Revenue Next 5Y4.16%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 31.56, ELS can be considered very expensive at the moment.
75.00% of the companies in the same industry are more expensive than ELS, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 27.24, ELS is valued at the same level.
A Price/Forward Earnings ratio of 28.38 indicates a quite expensive valuation of ELS.
Based on the Price/Forward Earnings ratio, ELS is valued cheaper than 95.00% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.81, ELS is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.56 | ||
| Fwd PE | 28.38 |
4.2 Price Multiples
ELS's Enterprise Value to EBITDA ratio is rather expensive when compared to the industry. ELS is more expensive than 80.00% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ELS is valued a bit cheaper than 75.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.25 | ||
| EV/EBITDA | 20.81 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of ELS may justify a higher PE ratio.
PEG (NY)31.56
PEG (5Y)6.62
EPS Next 2Y4.09%
EPS Next 3Y5.42%
5. Dividend
5.1 Amount
ELS has a Yearly Dividend Yield of 3.41%. Purely for dividend investing, there may be better candidates out there.
With a Dividend Yield of 3.41, ELS pays less dividend than the industry average, which is at 4.79. 80.00% of the companies listed in the same industry pay a better dividend than ELS!
ELS's Dividend Yield is a higher than the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.41% |
5.2 History
On average, the dividend of ELS grows each year by 8.99%, which is quite nice.
ELS has paid a dividend for at least 10 years, which is a reliable track record.
ELS has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)8.99%
Div Incr Years20
Div Non Decr Years20
5.3 Sustainability
ELS pays out 104.85% of its income as dividend. This is not a sustainable payout ratio.
ELS's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP104.85%
EPS Next 2Y4.09%
EPS Next 3Y5.42%
NYSE:ELS (8/25/2025, 12:03:02 PM)
59.96
-0.51 (-0.84%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)
Earnings (Next)
Inst Owners97.53%
Inst Owner Change0.07%
Ins Owners0.69%
Ins Owner Change0.26%
Market Cap11.62B
Analysts80
Price Target72.64 (21.15%)
Short Float %2.13%
Short Ratio2.51
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.41% |
Yearly Dividend1.95
Dividend Growth(5Y)8.99%
DP104.85%
Div Incr Years20
Div Non Decr Years20
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-2.56%
Min EPS beat(2)-6.67%
Max EPS beat(2)1.56%
EPS beat(4)2
Avg EPS beat(4)-1.06%
Min EPS beat(4)-6.67%
Max EPS beat(4)2.52%
EPS beat(8)5
Avg EPS beat(8)5.29%
EPS beat(12)6
Avg EPS beat(12)4%
EPS beat(16)9
Avg EPS beat(16)4.65%
Revenue beat(2)0
Avg Revenue beat(2)-3.07%
Min Revenue beat(2)-3.82%
Max Revenue beat(2)-2.33%
Revenue beat(4)0
Avg Revenue beat(4)-3.01%
Min Revenue beat(4)-4.16%
Max Revenue beat(4)-1.71%
Revenue beat(8)3
Avg Revenue beat(8)-1.32%
Revenue beat(12)4
Avg Revenue beat(12)-0.5%
Revenue beat(16)8
Avg Revenue beat(16)10%
PT rev (1m)-2.36%
PT rev (3m)-3.62%
EPS NQ rev (1m)-1.08%
EPS NQ rev (3m)-1.08%
EPS NY rev (1m)-1.02%
EPS NY rev (3m)-1.14%
Revenue NQ rev (1m)-0.53%
Revenue NQ rev (3m)-3.13%
Revenue NY rev (1m)0.13%
Revenue NY rev (3m)-0.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.56 | ||
| Fwd PE | 28.38 | ||
| P/S | 7.66 | ||
| P/FCF | 33.25 | ||
| P/OCF | 20.05 | ||
| P/B | 6.71 | ||
| P/tB | 6.71 | ||
| EV/EBITDA | 20.81 |
EPS(TTM)1.9
EY3.17%
EPS(NY)2.11
Fwd EY3.52%
FCF(TTM)1.8
FCFY3.01%
OCF(TTM)2.99
OCFY4.99%
SpS7.82
BVpS8.93
TBVpS8.93
PEG (NY)31.56
PEG (5Y)6.62
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.43% | ||
| ROE | 21.24% | ||
| ROCE | 9.33% | ||
| ROIC | 7.37% | ||
| ROICexc | 7.42% | ||
| ROICexgc | 7.6% | ||
| OM | 33.47% | ||
| PM (TTM) | 24.25% | ||
| GM | 52.77% | ||
| FCFM | 23.05% |
ROA(3y)5.76%
ROA(5y)5.48%
ROE(3y)20.92%
ROE(5y)19.96%
ROIC(3y)6.66%
ROIC(5y)6.48%
ROICexc(3y)6.69%
ROICexc(5y)6.52%
ROICexgc(3y)6.86%
ROICexgc(5y)6.66%
ROCE(3y)8.44%
ROCE(5y)8.2%
ROICexcg growth 3Y6.59%
ROICexcg growth 5Y2.32%
ROICexc growth 3Y6.52%
ROICexc growth 5Y2.03%
OM growth 3Y4.08%
OM growth 5Y0.27%
PM growth 3Y6.52%
PM growth 5Y-2.3%
GM growth 3Y1.58%
GM growth 5Y-0.14%
F-Score6
Asset Turnover0.27
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.88 | ||
| Debt/FCF | 9.29 | ||
| Debt/EBITDA | 4.52 | ||
| Cap/Depr | 109.38% | ||
| Cap/Sales | 15.17% | ||
| Interest Coverage | 3.8 | ||
| Cash Conversion | 80.75% | ||
| Profit Quality | 95.05% | ||
| Current Ratio | 0.03 | ||
| Quick Ratio | 0.03 | ||
| Altman-Z | 2.21 |
F-Score6
WACC7.65%
ROIC/WACC0.96
Cap/Depr(3y)153.33%
Cap/Depr(5y)227.34%
Cap/Sales(3y)21.7%
Cap/Sales(5y)32.72%
Profit Quality(3y)65.81%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-0.52%
EPS 3Y11.41%
EPS 5Y4.77%
EPS Q2Q%-7.14%
EPS Next Y1%
EPS Next 2Y4.09%
EPS Next 3Y5.42%
EPS Next 5Y6.62%
Revenue 1Y (TTM)0.59%
Revenue growth 3Y4.98%
Revenue growth 5Y8.11%
Sales Q2Q%-0.83%
Revenue Next Year1.89%
Revenue Next 2Y2.35%
Revenue Next 3Y3.47%
Revenue Next 5Y4.16%
EBIT growth 1Y8.1%
EBIT growth 3Y9.27%
EBIT growth 5Y8.4%
EBIT Next Year47.78%
EBIT Next 3Y17.39%
EBIT Next 5Y12.78%
FCF growth 1Y161.49%
FCF growth 3YN/A
FCF growth 5Y412.66%
OCF growth 1Y13.25%
OCF growth 3Y5.44%
OCF growth 5Y6.11%