MID-AMERICA APARTMENT COMM (MAA) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MAA - US59522J1034 - REIT
137.09 USD
+1.65 (+1.22%)
137.09 USD
0 (0%)
MAA gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 20 industry peers in the Residential REITs industry. MAA has an excellent profitability rating, but there are concerns on its financial health. While showing a medium growth rate, MAA is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
- MAA had positive earnings in the past year.
- In the past year MAA had a positive cash flow from operations.
- In the past 5 years MAA has always been profitable.
- Each year in the past 5 years MAA had a positive operating cash flow.
1.2 Ratios
- With a decent Return On Assets value of 4.63%, MAA is doing good in the industry, outperforming 70.00% of the companies in the same industry.
- MAA's Return On Equity of 9.46% is fine compared to the rest of the industry. MAA outperforms 70.00% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 4.40%, MAA belongs to the top of the industry, outperforming 95.00% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for MAA is above the industry average of 2.59%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.63% | ||
| ROE | 9.46% | ||
| ROIC | 4.4% |
ROA(3y)4.95%
ROA(5y)4.36%
ROE(3y)9.42%
ROE(5y)8.27%
ROIC(3y)4.79%
ROIC(5y)4.19%
1.3 Margins
- MAA's Profit Margin of 25.06% is fine compared to the rest of the industry. MAA outperforms 70.00% of its industry peers.
- In the last couple of years the Profit Margin of MAA has grown nicely.
- Looking at the Operating Margin, with a value of 28.33%, MAA belongs to the top of the industry, outperforming 85.00% of the companies in the same industry.
- MAA's Operating Margin has improved in the last couple of years.
- MAA has a Gross Margin (58.66%) which is comparable to the rest of the industry.
- MAA's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 28.33% | ||
| PM (TTM) | 25.06% | ||
| GM | 58.66% |
OM growth 3Y4.67%
OM growth 5Y2.72%
PM growth 3Y-7.07%
PM growth 5Y2.33%
GM growth 3Y0.09%
GM growth 5Y-0.01%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MAA is destroying value.
- MAA has less shares outstanding than it did 1 year ago.
- MAA has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, MAA has a worse debt to assets ratio.
2.2 Solvency
- MAA has an Altman-Z score of 1.62. This is a bad value and indicates that MAA is not financially healthy and even has some risk of bankruptcy.
- MAA's Altman-Z score of 1.62 is fine compared to the rest of the industry. MAA outperforms 80.00% of its industry peers.
- The Debt to FCF ratio of MAA is 22.68, which is on the high side as it means it would take MAA, 22.68 years of fcf income to pay off all of its debts.
- MAA has a better Debt to FCF ratio (22.68) than 70.00% of its industry peers.
- A Debt/Equity ratio of 0.89 indicates that MAA is somewhat dependend on debt financing.
- MAA's Debt to Equity ratio of 0.89 is in line compared to the rest of the industry. MAA outperforms 55.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | 22.68 | ||
| Altman-Z | 1.62 |
ROIC/WACC0.59
WACC7.42%
2.3 Liquidity
- A Current Ratio of 0.09 indicates that MAA may have some problems paying its short term obligations.
- The Current ratio of MAA (0.09) is worse than 75.00% of its industry peers.
- MAA has a Quick Ratio of 0.09. This is a bad value and indicates that MAA is not financially healthy enough and could expect problems in meeting its short term obligations.
- The Quick ratio of MAA (0.03) is worse than 90.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.09 | ||
| Quick Ratio | 0.03 |
3. Growth
3.1 Past
- The Earnings Per Share has been growing slightly by 4.66% over the past year.
- Measured over the past years, MAA shows a quite strong growth in Earnings Per Share. The EPS has been growing by 8.27% on average per year.
- Looking at the last year, MAA shows a small growth in Revenue. The Revenue has grown by 0.91% in the last year.
- MAA shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.95% yearly.
EPS 1Y (TTM)4.66%
EPS 3Y9.96%
EPS 5Y8.27%
EPS Q2Q%-14.29%
Revenue 1Y (TTM)0.91%
Revenue growth 3Y7.21%
Revenue growth 5Y5.95%
Sales Q2Q%0.59%
3.2 Future
- Based on estimates for the next years, MAA will show a very strong growth in Earnings Per Share. The EPS will grow by 24.45% on average per year.
- Based on estimates for the next years, MAA will show a small growth in Revenue. The Revenue will grow by 3.58% on average per year.
EPS Next Y-6.09%
EPS Next 2Y-12.18%
EPS Next 3Y-4.8%
EPS Next 5Y24.45%
Revenue Next Year0.77%
Revenue Next 2Y1.39%
Revenue Next 3Y2.28%
Revenue Next 5Y3.58%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 29.04 indicates a quite expensive valuation of MAA.
- Based on the Price/Earnings ratio, MAA is valued a bit cheaper than the industry average as 65.00% of the companies are valued more expensively.
- MAA is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.47, which is the current average of the S&P500 Index.
- Based on the Price/Forward Earnings ratio of 38.98, the valuation of MAA can be described as expensive.
- Based on the Price/Forward Earnings ratio, MAA is valued cheaper than 85.00% of the companies in the same industry.
- MAA is valuated expensively when we compare the Price/Forward Earnings ratio to 24.26, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.04 | ||
| Fwd PE | 38.98 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, MAA is valued a bit cheaper than 75.00% of the companies in the same industry.
- MAA's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 70.05 | ||
| EV/EBITDA | 16.6 |
4.3 Compensation for Growth
- The decent profitability rating of MAA may justify a higher PE ratio.
- A cheap valuation may be justified as MAA's earnings are expected to decrease with -4.80% in the coming years.
PEG (NY)N/A
PEG (5Y)3.51
EPS Next 2Y-12.18%
EPS Next 3Y-4.8%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 4.42%, MAA is a good candidate for dividend investing.
- MAA's Dividend Yield is comparable with the industry average which is at 32.52.
- Compared to an average S&P500 Dividend Yield of 1.89, MAA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.42% |
5.2 History
- The dividend of MAA is nicely growing with an annual growth rate of 8.76%!
- MAA has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)8.76%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- MAA pays out 128.07% of its income as dividend. This is not a sustainable payout ratio.
- MAA's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP128.07%
EPS Next 2Y-12.18%
EPS Next 3Y-4.8%
137.09
+1.65 (+1.22%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)10-29 2025-10-29/amc
Earnings (Next)02-04 2026-02-04/amc
Inst Owners98.67%
Inst Owner Change-0.07%
Ins Owners0.56%
Ins Owner Change0.93%
Market Cap16.05B
Revenue(TTM)2.20B
Net Income(TTM)552.18M
Analysts70.97
Price Target150.55 (9.82%)
Short Float %2.73%
Short Ratio2.96
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.42% |
Yearly Dividend5.89
Dividend Growth(5Y)8.76%
DP128.07%
Div Incr Years0
Div Non Decr Years0
Ex-Date01-15 2026-01-15 (1.53)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.86%
Min EPS beat(2)-7.02%
Max EPS beat(2)5.31%
EPS beat(4)3
Avg EPS beat(4)26.93%
Min EPS beat(4)-7.02%
Max EPS beat(4)70.8%
EPS beat(8)5
Avg EPS beat(8)17.49%
EPS beat(12)8
Avg EPS beat(12)15.03%
EPS beat(16)11
Avg EPS beat(16)24.55%
Revenue beat(2)0
Avg Revenue beat(2)-1.23%
Min Revenue beat(2)-1.32%
Max Revenue beat(2)-1.15%
Revenue beat(4)0
Avg Revenue beat(4)-1.27%
Min Revenue beat(4)-1.34%
Max Revenue beat(4)-1.15%
Revenue beat(8)0
Avg Revenue beat(8)-1%
Revenue beat(12)0
Avg Revenue beat(12)-0.97%
Revenue beat(16)2
Avg Revenue beat(16)-0.69%
PT rev (1m)-0.49%
PT rev (3m)-6.88%
EPS NQ rev (1m)0.14%
EPS NQ rev (3m)-2.37%
EPS NY rev (1m)-0.05%
EPS NY rev (3m)-1.4%
Revenue NQ rev (1m)0.02%
Revenue NQ rev (3m)-0.5%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.04 | ||
| Fwd PE | 38.98 | ||
| P/S | 7.28 | ||
| P/FCF | 70.05 | ||
| P/OCF | 15.2 | ||
| P/B | 2.75 | ||
| P/tB | 2.75 | ||
| EV/EBITDA | 16.6 |
EPS(TTM)4.72
EY3.44%
EPS(NY)3.52
Fwd EY2.57%
FCF(TTM)1.96
FCFY1.43%
OCF(TTM)9.02
OCFY6.58%
SpS18.82
BVpS49.87
TBVpS49.87
PEG (NY)N/A
PEG (5Y)3.51
Graham Number72.77
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.63% | ||
| ROE | 9.46% | ||
| ROCE | 5.81% | ||
| ROIC | 4.4% | ||
| ROICexc | 4.41% | ||
| ROICexgc | 4.46% | ||
| OM | 28.33% | ||
| PM (TTM) | 25.06% | ||
| GM | 58.66% | ||
| FCFM | 10.4% |
ROA(3y)4.95%
ROA(5y)4.36%
ROE(3y)9.42%
ROE(5y)8.27%
ROIC(3y)4.79%
ROIC(5y)4.19%
ROICexc(3y)4.8%
ROICexc(5y)4.21%
ROICexgc(3y)4.86%
ROICexgc(5y)4.26%
ROCE(3y)6.1%
ROCE(5y)5.33%
ROICexgc growth 3Y10.7%
ROICexgc growth 5Y8.18%
ROICexc growth 3Y10.71%
ROICexc growth 5Y8.14%
OM growth 3Y4.67%
OM growth 5Y2.72%
PM growth 3Y-7.07%
PM growth 5Y2.33%
GM growth 3Y0.09%
GM growth 5Y-0.01%
F-Score4
Asset Turnover0.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | 22.68 | ||
| Debt/EBITDA | 4.2 | ||
| Cap/Depr | 134.59% | ||
| Cap/Sales | 37.51% | ||
| Interest Coverage | 3.27 | ||
| Cash Conversion | 85.25% | ||
| Profit Quality | 41.5% | ||
| Current Ratio | 0.09 | ||
| Quick Ratio | 0.03 | ||
| Altman-Z | 1.62 |
F-Score4
WACC7.42%
ROIC/WACC0.59
Cap/Depr(3y)143.54%
Cap/Depr(5y)125.9%
Cap/Sales(3y)38.3%
Cap/Sales(5y)35.02%
Profit Quality(3y)49.76%
Profit Quality(5y)69.71%
High Growth Momentum
Growth
EPS 1Y (TTM)4.66%
EPS 3Y9.96%
EPS 5Y8.27%
EPS Q2Q%-14.29%
EPS Next Y-6.09%
EPS Next 2Y-12.18%
EPS Next 3Y-4.8%
EPS Next 5Y24.45%
Revenue 1Y (TTM)0.91%
Revenue growth 3Y7.21%
Revenue growth 5Y5.95%
Sales Q2Q%0.59%
Revenue Next Year0.77%
Revenue Next 2Y1.39%
Revenue Next 3Y2.28%
Revenue Next 5Y3.58%
EBIT growth 1Y-7.01%
EBIT growth 3Y12.21%
EBIT growth 5Y8.83%
EBIT Next Year87.28%
EBIT Next 3Y25.49%
EBIT Next 5Y20.98%
FCF growth 1Y-58.73%
FCF growth 3Y-21.89%
FCF growth 5Y-15.48%
OCF growth 1Y-6.04%
OCF growth 3Y7.06%
OCF growth 5Y7.05%
MID-AMERICA APARTMENT COMM / MAA FAQ
What is the ChartMill fundamental rating of MID-AMERICA APARTMENT COMM (MAA) stock?
ChartMill assigns a fundamental rating of 5 / 10 to MAA.
What is the valuation status of MID-AMERICA APARTMENT COMM (MAA) stock?
ChartMill assigns a valuation rating of 3 / 10 to MID-AMERICA APARTMENT COMM (MAA). This can be considered as Overvalued.
Can you provide the profitability details for MID-AMERICA APARTMENT COMM?
MID-AMERICA APARTMENT COMM (MAA) has a profitability rating of 7 / 10.
Can you provide the financial health for MAA stock?
The financial health rating of MID-AMERICA APARTMENT COMM (MAA) is 2 / 10.
What is the earnings growth outlook for MID-AMERICA APARTMENT COMM?
The Earnings per Share (EPS) of MID-AMERICA APARTMENT COMM (MAA) is expected to decline by -6.09% in the next year.