SUN COMMUNITIES INC (SUI) Stock Fundamental Analysis
USA - NYSE:SUI - US8666741041 - REIT
129.11 USD
+0.43 (+0.33%)
129.11 USD
0 (0%)
Taking everything into account, SUI scores 6 out of 10 in our fundamental rating. SUI was compared to 20 industry peers in the Residential REITs industry. SUI has an excellent financial health rating, but there are some minor concerns on its profitability. SUI is valued quite cheap, while showing a decent growth score. This is a good 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.
SUI had positive earnings in 4 of the past 5 years.
SUI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
SUI's Return On Assets of 9.69% is amongst the best of the industry. SUI outperforms 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 Profit Margin of 46.59%. This is amongst the best in the industry. SUI outperforms 100.00% of its industry peers.
SUI's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 18.46%, SUI perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
SUI's Operating Margin has declined in the last couple of years.
SUI has a Gross Margin of 49.70%. This is amonst the worse of the industry: SUI underperforms 90.00% of its industry peers.
SUI's Gross Margin has declined in the last couple of years.
| 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.
SUI has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, SUI has more shares outstanding
SUI has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 1.91 indicates that SUI is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of SUI (1.91) is better than 90.00% of its industry peers.
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.
With an excellent Debt to FCF ratio value of 5.45, SUI belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
SUI has a Debt/Equity ratio of 0.56. This is a neutral value indicating SUI is somewhat dependend on debt financing.
SUI has a better Debt to Equity ratio (0.56) than 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 5.45 | ||
| Altman-Z | 1.91 |
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.
SUI has a better Current ratio (4.21) than 100.00% of its industry peers.
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.
The Quick ratio of SUI (3.81) is better than 100.00% of its industry peers.
| 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.
Measured over the past years, SUI shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -16.06% on average per year.
The Revenue for SUI has decreased by -14.35% in the past year. This is quite bad
The Revenue has been growing by 20.57% on average over the past years. This is a very strong growth!
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
Based on estimates for the next years, SUI will show a very strong growth in Earnings Per Share. The EPS will grow by 47.07% on average per year.
SUI is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -2.27% yearly.
EPS Next Y988.91%
EPS Next 2Y101.39%
EPS Next 3Y70.58%
EPS Next 5Y47.07%
Revenue Next Year-26.51%
Revenue Next 2Y-12.71%
Revenue Next 3Y-7.52%
Revenue Next 5Y-2.27%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
SUI is valuated correctly with a Price/Earnings ratio of 12.62.
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 27.67. SUI is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 42.45, which means the current valuation is very expensive for SUI.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SUI indicates a somewhat cheap valuation: SUI is cheaper than 80.00% of the companies listed in the same industry.
SUI's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 23.13.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.62 | ||
| Fwd PE | 42.45 |
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 | 20.52 | ||
| EV/EBITDA | 16.05 |
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.
The decent profitability rating of SUI may justify a higher PE ratio.
A more expensive valuation may be justified as SUI's earnings are expected to grow with 70.58% in the coming years.
PEG (NY)0.01
PEG (5Y)N/A
EPS Next 2Y101.39%
EPS Next 3Y70.58%
5. Dividend
5.1 Amount
SUI has a Yearly Dividend Yield of 3.25%.
With a Dividend Yield of 3.25, SUI pays less dividend than the industry average, which is at 6.33. 90.00% of the companies listed in the same industry pay a better dividend than SUI!
Compared to an average S&P500 Dividend Yield of 2.41, SUI pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.25% |
5.2 History
The dividend of SUI has a limited annual growth rate of 4.83%.
SUI has been paying a dividend for at least 10 years, so it has a reliable track record.
SUI has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)4.83%
Div Incr Years9
Div Non Decr Years13
5.3 Sustainability
SUI pays out 78.85% of its income as dividend. This is not a sustainable payout ratio.
SUI's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP78.85%
EPS Next 2Y101.39%
EPS Next 3Y70.58%
129.11
+0.43 (+0.33%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)
Earnings (Next)
Inst Owners106.59%
Inst Owner Change0.07%
Ins Owners0.34%
Ins Owner Change2.26%
Market Cap16.16B
Analysts74
Price Target141.14 (9.32%)
Short Float %1.46%
Short Ratio1.76
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.25% |
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)0.04%
PT rev (3m)1.45%
EPS NQ rev (1m)-8.08%
EPS NQ rev (3m)-5.1%
EPS NY rev (1m)231.39%
EPS NY rev (3m)415.03%
Revenue NQ rev (1m)-0.75%
Revenue NQ rev (3m)-8.15%
Revenue NY rev (1m)-0.72%
Revenue NY rev (3m)-6.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.62 | ||
| Fwd PE | 42.45 | ||
| P/S | 5.81 | ||
| P/FCF | 20.52 | ||
| P/OCF | 20.02 | ||
| P/B | 2.11 | ||
| P/tB | 2.14 | ||
| EV/EBITDA | 16.05 |
EPS(TTM)10.23
EY7.92%
EPS(NY)3.04
Fwd EY2.36%
FCF(TTM)6.29
FCFY4.87%
OCF(TTM)6.45
OCFY4.99%
SpS22.21
BVpS61.26
TBVpS60.38
PEG (NY)0.01
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 | 1.91 |
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 Y988.91%
EPS Next 2Y101.39%
EPS Next 3Y70.58%
EPS Next 5Y47.07%
Revenue 1Y (TTM)-14.35%
Revenue growth 3Y12.33%
Revenue growth 5Y20.57%
Sales Q2Q%-27.84%
Revenue Next Year-26.51%
Revenue Next 2Y-12.71%
Revenue Next 3Y-7.52%
Revenue Next 5Y-2.27%
EBIT growth 1Y-11.63%
EBIT growth 3Y3.38%
EBIT growth 5Y11.44%
EBIT Next Year50.68%
EBIT Next 3Y17.56%
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%