SUN COMMUNITIES INC (SUI) Stock Fundamental Analysis
NYSE:SUI - US8666741041 - REIT
124.67 USD
-2.2 (-1.73%)
We assign a fundamental rating of 6 out of 10 to SUI. SUI was compared to 20 industry peers in the Residential REITs industry. SUI is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. SUI scores decently on growth, while it is valued quite cheap. This could make an interesting combination. These ratings would make SUI suitable for value investing!
1. Profitability
1.1 Basic Checks
SUI had positive earnings in the past year.
SUI had a positive operating cash flow in the past year.
Of the past 5 years SUI 4 years were profitable.
In the past 5 years SUI always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of SUI (9.69%) is better than 100.00% of its industry peers.
With an excellent Return On Equity value of 16.89%, SUI belongs to the best of the industry, outperforming 95.00% of the companies in the same industry.
SUI has a better Return On Invested Capital (3.13%) than 70.00% of its industry peers.
SUI had an Average Return On Invested Capital over the past 3 years of 2.59%. This is in line with the industry average of 2.59%.
The last Return On Invested Capital (3.13%) for SUI is above the 3 year average (2.59%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.69% | ||
| ROE | 16.89% | ||
| ROIC | 3.13% |
ROA(3y)0.23%
ROA(5y)0.94%
ROE(3y)0.44%
ROE(5y)1.82%
ROIC(3y)2.59%
ROIC(5y)2.54%
1.3 Margins
SUI has a better Profit Margin (46.59%) than 100.00% of its industry peers.
SUI's Profit Margin has declined in the last couple of years.
SUI has a Operating Margin (18.46%) which is comparable to the rest of the industry.
SUI's Operating Margin has declined in the last couple of years.
SUI has a worse Gross Margin (49.70%) than 90.00% of its industry peers.
In the last couple of years the Gross Margin of SUI has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.46% | ||
| PM (TTM) | 46.59% | ||
| GM | 49.7% |
OM growth 3Y-7.97%
OM growth 5Y-7.58%
PM growth 3Y-45.13%
PM growth 5Y-26.27%
GM growth 3Y-3.01%
GM growth 5Y-3.96%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), SUI is destroying value.
The number of shares outstanding for SUI has been increased compared to 1 year ago.
The number of shares outstanding for SUI has been increased compared to 5 years ago.
SUI has a better debt/assets ratio than last year.
2.2 Solvency
SUI has an Altman-Z score of 1.88. This is not the best score and indicates that SUI is in the grey zone with still only limited risk for bankruptcy at the moment.
With an excellent Altman-Z score value of 1.88, SUI belongs to the best of the industry, outperforming 90.00% of the companies in the same industry.
The Debt to FCF ratio of SUI is 5.45, which is a neutral value as it means it would take SUI, 5.45 years of fcf income to pay off all of its debts.
SUI has a Debt to FCF ratio of 5.45. This is amongst the best in the industry. SUI outperforms 100.00% of its industry peers.
SUI has a Debt/Equity ratio of 0.56. This is a neutral value indicating SUI is somewhat dependend on debt financing.
SUI's Debt to Equity ratio of 0.56 is amongst the best of the industry. SUI outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 5.45 | ||
| Altman-Z | 1.88 |
ROIC/WACC0.44
WACC7.16%
2.3 Liquidity
A Current Ratio of 4.21 indicates that SUI has no problem at all paying its short term obligations.
With an excellent Current ratio value of 4.21, SUI belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
SUI has a Quick Ratio of 3.81. This indicates that SUI is financially healthy and has no problem in meeting its short term obligations.
With an excellent Quick ratio value of 3.81, SUI belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.21 | ||
| Quick Ratio | 3.81 |
3. Growth
3.1 Past
SUI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 1089.53%, which is quite impressive.
SUI shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -16.06% yearly.
Looking at the last year, SUI shows a very negative growth in Revenue. The Revenue has decreased by -14.35% in the last year.
Measured over the past years, SUI shows a very strong growth in Revenue. The Revenue has been growing by 20.57% on average per year.
EPS 1Y (TTM)1089.53%
EPS 3Y-39.1%
EPS 5Y-16.06%
EPS Q2Q%2285.71%
Revenue 1Y (TTM)-14.35%
Revenue growth 3Y12.33%
Revenue growth 5Y20.57%
Sales Q2Q%-27.84%
3.2 Future
The Earnings Per Share is expected to grow by 47.07% on average over the next years. This is a very strong growth
SUI is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -2.27% yearly.
EPS Next Y228.59%
EPS Next 2Y112.24%
EPS Next 3Y76.86%
EPS Next 5Y47.07%
Revenue Next Year-25.98%
Revenue Next 2Y-12.17%
Revenue Next 3Y-6.85%
Revenue Next 5Y-2.27%
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
A Price/Earnings ratio of 12.19 indicates a correct valuation of SUI.
100.00% of the companies in the same industry are more expensive than SUI, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.13. SUI is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 36.90 indicates a quite expensive valuation of SUI.
SUI's Price/Forward Earnings ratio is rather cheap when compared to the industry. SUI is cheaper than 85.00% of the companies in the same industry.
SUI is valuated expensively when we compare the Price/Forward Earnings ratio to 22.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.19 | ||
| Fwd PE | 36.9 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SUI indicates a rather cheap valuation: SUI is cheaper than 95.00% of the companies listed in the same industry.
95.00% of the companies in the same industry are more expensive than SUI, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.81 | ||
| EV/EBITDA | 15.85 |
4.3 Compensation for Growth
SUI's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
SUI has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as SUI's earnings are expected to grow with 76.86% in the coming years.
PEG (NY)0.05
PEG (5Y)N/A
EPS Next 2Y112.24%
EPS Next 3Y76.86%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.31%, SUI has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 4.68, SUI's dividend is way lower than its industry peers. On top of this 90.00% of the companies listed in the same industry pay a better dividend than SUI!
SUI's Dividend Yield is a higher than the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.31% |
5.2 History
The dividend of SUI has a limited annual growth rate of 4.83%.
SUI has paid a dividend for at least 10 years, which is a reliable track record.
SUI has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)4.83%
Div Incr Years9
Div Non Decr Years13
5.3 Sustainability
78.85% of the earnings are spent on dividend by SUI. This is not a sustainable payout ratio.
The dividend of SUI is growing, but earnings are growing more, so the dividend growth is sustainable.
DP78.85%
EPS Next 2Y112.24%
EPS Next 3Y76.86%
NYSE:SUI (9/2/2025, 2:06:31 PM)
124.67
-2.2 (-1.73%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)
Earnings (Next)
Inst Owners104.19%
Inst Owner Change0.07%
Ins Owners0.33%
Ins Owner Change5.08%
Market Cap15.60B
Analysts74
Price Target141.08 (13.16%)
Short Float %1.76%
Short Ratio2.1
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.31% |
Yearly Dividend3.91
Dividend Growth(5Y)4.83%
DP78.85%
Div Incr Years9
Div Non Decr Years13
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)396.22%
Min EPS beat(2)-541.21%
Max EPS beat(2)1333.64%
EPS beat(4)2
Avg EPS beat(4)-274.95%
Min EPS beat(4)-1934.29%
Max EPS beat(4)1333.64%
EPS beat(8)2
Avg EPS beat(8)-162.74%
EPS beat(12)2
Avg EPS beat(12)-182.84%
EPS beat(16)3
Avg EPS beat(16)-141.52%
Revenue beat(2)1
Avg Revenue beat(2)-8.37%
Min Revenue beat(2)-19.26%
Max Revenue beat(2)2.52%
Revenue beat(4)2
Avg Revenue beat(4)-4.89%
Min Revenue beat(4)-19.26%
Max Revenue beat(4)2.52%
Revenue beat(8)4
Avg Revenue beat(8)-1.67%
Revenue beat(12)8
Avg Revenue beat(12)-0.13%
Revenue beat(16)12
Avg Revenue beat(16)3.7%
PT rev (1m)0.64%
PT rev (3m)1.47%
EPS NQ rev (1m)0.34%
EPS NQ rev (3m)16.4%
EPS NY rev (1m)0%
EPS NY rev (3m)49.24%
Revenue NQ rev (1m)-0.22%
Revenue NQ rev (3m)-25.89%
Revenue NY rev (1m)-0.13%
Revenue NY rev (3m)-7.59%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.19 | ||
| Fwd PE | 36.9 | ||
| P/S | 5.61 | ||
| P/FCF | 19.81 | ||
| P/OCF | 19.33 | ||
| P/B | 2.03 | ||
| P/tB | 2.06 | ||
| EV/EBITDA | 15.85 |
EPS(TTM)10.23
EY8.21%
EPS(NY)3.38
Fwd EY2.71%
FCF(TTM)6.29
FCFY5.05%
OCF(TTM)6.45
OCFY5.17%
SpS22.21
BVpS61.26
TBVpS60.38
PEG (NY)0.05
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.69% | ||
| ROE | 16.89% | ||
| ROCE | 3.97% | ||
| ROIC | 3.13% | ||
| ROICexc | 3.53% | ||
| ROICexgc | 3.66% | ||
| OM | 18.46% | ||
| PM (TTM) | 46.59% | ||
| GM | 49.7% | ||
| FCFM | 28.34% |
ROA(3y)0.23%
ROA(5y)0.94%
ROE(3y)0.44%
ROE(5y)1.82%
ROIC(3y)2.59%
ROIC(5y)2.54%
ROICexc(3y)2.6%
ROICexc(5y)2.55%
ROICexgc(3y)2.88%
ROICexgc(5y)2.81%
ROCE(3y)3.28%
ROCE(5y)3.22%
ROICexcg growth 3Y-3.23%
ROICexcg growth 5Y-2.66%
ROICexc growth 3Y-3.43%
ROICexc growth 5Y-3.99%
OM growth 3Y-7.97%
OM growth 5Y-7.58%
PM growth 3Y-45.13%
PM growth 5Y-26.27%
GM growth 3Y-3.01%
GM growth 5Y-3.96%
F-Score7
Asset Turnover0.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 5.45 | ||
| Debt/EBITDA | 3.64 | ||
| Cap/Depr | 2.92% | ||
| Cap/Sales | 0.7% | ||
| Interest Coverage | 2.58 | ||
| Cash Conversion | 68.39% | ||
| Profit Quality | 60.81% | ||
| Current Ratio | 4.21 | ||
| Quick Ratio | 3.81 | ||
| Altman-Z | 1.88 |
F-Score7
WACC7.16%
ROIC/WACC0.44
Cap/Depr(3y)133.62%
Cap/Depr(5y)248.94%
Cap/Sales(3y)26.11%
Cap/Sales(5y)58.01%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)1089.53%
EPS 3Y-39.1%
EPS 5Y-16.06%
EPS Q2Q%2285.71%
EPS Next Y228.59%
EPS Next 2Y112.24%
EPS Next 3Y76.86%
EPS Next 5Y47.07%
Revenue 1Y (TTM)-14.35%
Revenue growth 3Y12.33%
Revenue growth 5Y20.57%
Sales Q2Q%-27.84%
Revenue Next Year-25.98%
Revenue Next 2Y-12.17%
Revenue Next 3Y-6.85%
Revenue Next 5Y-2.27%
EBIT growth 1Y-11.63%
EBIT growth 3Y3.38%
EBIT growth 5Y11.44%
EBIT Next Year53.13%
EBIT Next 3Y17.97%
EBIT Next 5Y12.76%
FCF growth 1Y167.62%
FCF growth 3YN/A
FCF growth 5Y187.98%
OCF growth 1Y23.64%
OCF growth 3Y4.54%
OCF growth 5Y12.55%