US59522J1034 - REIT

**MAA** gets a fundamental rating of **5** out of 10. The analysis compared the fundamentals against 21 industry peers in the **Residential REITs** industry. While **MAA** has a great profitability rating, there are quite some concerns on its financial health. **MAA** has a valuation in line with the averages, but on the other hand it scores bad on growth.

In the past 5 years **MAA** has always been profitable.

In the past 5 years **MAA** always reported a positive cash flow from operatings.

The **Return On Assets** of **MAA** (**4.85%**) is better than **85.71%** of its industry peers.

With a decent **Return On Equity** value of **9.14%**, **MAA** is doing good in the industry, outperforming **71.43%** of the companies in the same industry.

The **Return On Invested Capital** of **MAA** (**4.93%**) is better than **95.24%** of its industry peers.

Measured over the past 3 years, the **Average Return On Invested Capital** for **MAA** is in line with the industry average of **2.55%**.

The last **Return On Invested Capital** (**4.93%**) for **MAA** is above the 3 year average (**4.38%**), which is a sign of increasing profitability.

Industry Rank | Sector Rank | ||
---|---|---|---|

ROA | 4.85% | ||

ROE | 9.14% | ||

ROIC | 4.93% |

ROA(3y)5.04%

ROA(5y)4.09%

ROE(3y)9.44%

ROE(5y)7.67%

ROIC(3y)4.38%

ROIC(5y)3.89%

Looking at the **Profit Margin**, with a value of **25.74%**, **MAA** is in the better half of the industry, outperforming **71.43%** of the companies in the same industry.

In the last couple of years the **Profit Margin** of **MAA** has grown nicely.

In the last couple of years the **Operating Margin** of **MAA** has grown nicely.

Looking at the **Gross Margin**, with a value of **60.57%**, **MAA** is in the better half of the industry, outperforming **61.90%** of the companies in the same industry.

Industry Rank | Sector Rank | ||
---|---|---|---|

OM | 31.48% | ||

PM (TTM) | 25.74% | ||

GM | 60.57% |

OM growth 3Y7.97%

OM growth 5Y4.48%

PM growth 3Y19.55%

PM growth 5Y12.9%

GM growth 3Y1.33%

GM growth 5Y0.66%

With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), **MAA** is destroying value.

An Altman-Z score of **1.96** indicates that **MAA** is not a great score, but indicates only limited risk for bankruptcy at the moment.

The **Debt to Equity ratio** of **MAA** (**0.76**) is better than **71.43%** of its industry peers.

Industry Rank | Sector Rank | ||
---|---|---|---|

Debt/Equity | 0.76 | ||

Debt/FCF | 11.57 | ||

Altman-Z | 1.96 |

ROIC/WACC0.64

WACC7.73%

With a **Quick ratio** value of **0.10**, **MAA** is not doing good in the industry: **80.95%** of the companies in the same industry are doing better.

Industry Rank | Sector Rank | ||
---|---|---|---|

Current Ratio | 0.23 | ||

Quick Ratio | 0.1 |

The earnings per share for **MAA** have decreased strongly by **-16.32%** in the last year.

Looking at the last year, **MAA** shows a small growth in **Revenue**. The Revenue has grown by **4.35%** in the last year.

The **Revenue** has been growing slightly by **6.46%** on average over the past years.

EPS 1Y (TTM)-16.32%

EPS 3Y28.88%

EPS 5Y20.04%

EPS Q2Q%5.17%

Revenue 1Y (TTM)4.35%

Revenue growth 3Y8.59%

Revenue growth 5Y6.46%

Sales Q2Q%2.76%

The **Revenue** is expected to grow by **4.68%** on average over the next years.

EPS Next Y-8.67%

EPS Next 2Y-4.75%

EPS Next 3Y0.94%

EPS Next 5YN/A

Revenue Next Year1.71%

Revenue Next 2Y2.28%

Revenue Next 3Y3.43%

Revenue Next 5Y4.68%

When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.

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.

With a **Price/Earnings** ratio of **29.20**, **MAA** can be considered very expensive at the moment.

Compared to the rest of the industry, the **Price/Earnings** ratio of **MAA** indicates a rather cheap valuation: **MAA** is cheaper than 85.71% of the companies listed in the same industry.

When comparing the **Price/Earnings** ratio of **MAA** to the average of the S&P500 Index (**28.24**), we can say **MAA** is valued inline with the index average.

Based on the **Price/Forward Earnings** ratio of **32.60**, the valuation of **MAA** can be described as expensive.

95.24% of the companies in the same industry are more expensive than **MAA**, based on the **Price/Forward Earnings** ratio.

Industry Rank | Sector Rank | ||
---|---|---|---|

PE | 29.2 | ||

Fwd PE | 32.6 |

Based on the **Enterprise Value to EBITDA** ratio, **MAA** is valued cheaper than 90.48% of the companies in the same industry.

71.43% of the companies in the same industry are more expensive than **MAA**, based on the **Price/Free Cash Flow** ratio.

Industry Rank | Sector Rank | ||
---|---|---|---|

P/FCF | 40.73 | ||

EV/EBITDA | 16.44 |

PEG (NY)N/A

PEG (5Y)1.46

EPS Next 2Y-4.75%

EPS Next 3Y0.94%

With a **Yearly Dividend Yield** of **4.29%**, **MAA** is a good candidate for dividend investing.

Compared to an average industry **Dividend Yield** of **4.26**, **MAA** pays a bit more dividend than its industry peers.

Industry Rank | Sector Rank | ||
---|---|---|---|

Dividend Yield | 4.29% |

On average, the dividend of **MAA** grows each year by **8.70%**, which is quite nice.

Dividend Growth(5Y)8.7%

Div Incr Years1

Div Non Decr Years1

DP119.5%

EPS Next 2Y-4.75%

EPS Next 3Y0.94%

**MID-AMERICA APARTMENT COMM**

NYSE:MAA (6/12/2024, 9:24:02 AM)

**139.3**

**+2.33 (+1.7%) **

Chartmill FA Rating

GICS SectorReal Estate

GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)

GICS IndustryResidential REITs

Earnings (Last)

Earnings (Next)

Inst Owners

Inst Owner Change

Ins Owners

Ins Owner Change

Market Cap16.27B

Analysts

Price Target

Dividend

Industry Rank | Sector Rank | ||
---|---|---|---|

Dividend Yield | 4.29% |

Dividend Growth(5Y)

DP

Div Incr Years

Div Non Decr Years

Ex-Date

Surprises & Revisions

EPS beat(2)

Avg EPS beat(2)

Min EPS beat(2)

Max EPS beat(2)

EPS beat(4)

Avg EPS beat(4)

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EPS beat(8)

Avg EPS beat(8)

EPS beat(12)

Avg EPS beat(12)

EPS beat(16)

Avg EPS beat(16)

Revenue beat(2)

Avg Revenue beat(2)

Min Revenue beat(2)

Max Revenue beat(2)

Revenue beat(4)

Avg Revenue beat(4)

Min Revenue beat(4)

Max Revenue beat(4)

Revenue beat(8)

Avg Revenue beat(8)

Revenue beat(12)

Avg Revenue beat(12)

Revenue beat(16)

Avg Revenue beat(16)

PT rev (1m)

PT rev (3m)

EPS NQ rev (1m)

EPS NQ rev (3m)

EPS NY rev (1m)

EPS NY rev (3m)

Revenue NQ rev (1m)

Revenue NQ rev (3m)

Revenue NY rev (1m)

Revenue NY rev (3m)

Valuation

Industry Rank | Sector Rank | ||
---|---|---|---|

PE | 29.2 | ||

Fwd PE | 32.6 | ||

P/S | |||

P/FCF | |||

P/OCF | |||

P/B | |||

P/tB | |||

EV/EBITDA |

EPS(TTM)

EY

EPS(NY)

Fwd EY

FCF(TTM)

FCFY

OCF(TTM)

OCFY

SpS

BVpS

TBVpS

PEG (NY)N/A

PEG (5Y)1.46

Profitability

Industry Rank | Sector Rank | ||
---|---|---|---|

ROA | 4.85% | ||

ROE | 9.14% | ||

ROCE | |||

ROIC | |||

ROICexc | |||

ROICexgc | |||

OM | 31.48% | ||

PM (TTM) | 25.74% | ||

GM | 60.57% | ||

FCFM |

ROA(3y)

ROA(5y)

ROE(3y)

ROE(5y)

ROIC(3y)

ROIC(5y)

ROICexc(3y)

ROICexc(5y)

ROICexgc(3y)

ROICexgc(5y)

ROCE(3y)

ROCE(5y)

ROICexcg growth 3Y

ROICexcg growth 5Y

ROICexc growth 3Y

ROICexc growth 5Y

OM growth 3Y

OM growth 5Y

PM growth 3Y

PM growth 5Y

GM growth 3Y

GM growth 5Y

F-Score

Asset Turnover0.19

Health

Industry Rank | Sector Rank | ||
---|---|---|---|

Debt/Equity | 0.76 | ||

Debt/FCF | |||

Debt/EBITDA | |||

Cap/Depr | |||

Cap/Sales | |||

Interest Coverage | |||

Cash Conversion | |||

Profit Quality | |||

Current Ratio | 0.23 | ||

Quick Ratio | 0.1 | ||

Altman-Z |

F-Score

WACC

ROIC/WACC

Cap/Depr(3y)

Cap/Depr(5y)

Cap/Sales(3y)

Cap/Sales(5y)

Profit Quality(3y)

Profit Quality(5y)

High Growth Momentum

Growth

EPS 1Y (TTM)-16.32%

EPS 3Y28.88%

EPS 5Y

EPS Q2Q%

EPS Next Y-8.67%

EPS Next 2Y

EPS Next 3Y

EPS Next 5Y

Revenue 1Y (TTM)4.35%

Revenue growth 3Y8.59%

Revenue growth 5Y

Sales Q2Q%

Revenue Next Year

Revenue Next 2Y

Revenue Next 3Y

Revenue Next 5Y

EBIT growth 1Y

EBIT growth 3Y

EBIT growth 5Y

EBIT Next Year

EBIT Next 3Y

EBIT Next 5Y

FCF growth 1Y

FCF growth 3Y

FCF growth 5Y

OCF growth 1Y

OCF growth 3Y

OCF growth 5Y