EQUITY LIFESTYLE PROPERTIES (ELS) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ELS - US29472R1086 - REIT
61.71 USD
-0.42 (-0.68%)
Taking everything into account, ELS scores 5 out of 10 in our fundamental rating. 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 valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year ELS was profitable.
- In the past year ELS had a positive cash flow from operations.
- ELS had positive earnings in each of the past 5 years.
- ELS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- ELS has a Return On Assets of 6.65%. This is amongst the best in the industry. ELS outperforms 90.00% of its industry peers.
- The Return On Equity of ELS (21.79%) is better than 95.00% of its industry peers.
- The Return On Invested Capital of ELS (7.50%) is better than 100.00% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for ELS is above the industry average of 2.59%.
- The last Return On Invested Capital (7.50%) for ELS is above the 3 year average (6.66%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.65% | ||
| ROE | 21.79% | ||
| ROIC | 7.5% |
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 25.09%, 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.
- With an excellent Operating Margin value of 33.91%, ELS belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
- ELS's Operating Margin has been stable in the last couple of years.
- Looking at the Gross Margin, with a value of 52.99%, ELS is doing worse than 85.00% of the companies in the same industry.
- ELS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 33.91% | ||
| PM (TTM) | 25.09% | ||
| GM | 52.99% |
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.
- The number of shares outstanding for ELS has been increased compared to 1 year ago.
- The number of shares outstanding for ELS has been increased compared to 5 years ago.
- Compared to 1 year ago, ELS has an improved debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 2.25 indicates that ELS is not a great score, but indicates only limited risk for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 2.25, ELS belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
- The Debt to FCF ratio of ELS is 9.81, which is on the high side as it means it would take ELS, 9.81 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of ELS (9.81) is better than 90.00% of its industry peers.
- A Debt/Equity ratio of 1.87 is on the high side and indicates that ELS has dependencies on debt financing.
- ELS has a worse Debt to Equity ratio (1.87) than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.87 | ||
| Debt/FCF | 9.81 | ||
| Altman-Z | 2.25 |
ROIC/WACC0.99
WACC7.59%
2.3 Liquidity
- ELS has a Current Ratio of 0.04. 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 Current ratio of 0.04. This is amonst the worse of the industry: ELS underperforms 90.00% of its industry peers.
- ELS has a Quick Ratio of 0.04. This is a bad value and indicates that ELS is not financially healthy enough and could expect problems in meeting its short term obligations.
- Looking at the Quick ratio, with a value of 0.04, ELS is doing worse than 85.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.04 | ||
| Quick Ratio | 0.04 |
3. Growth
3.1 Past
- ELS shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 1.03%.
- The Earnings Per Share has been growing slightly by 4.77% on average over the past years.
- Looking at the last year, ELS shows a small growth in Revenue. The Revenue has grown by 1.10% in the last year.
- 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)1.03%
EPS 3Y11.41%
EPS 5Y4.77%
EPS Q2Q%13.64%
Revenue 1Y (TTM)1.1%
Revenue growth 3Y4.98%
Revenue growth 5Y8.11%
Sales Q2Q%1.63%
3.2 Future
- ELS is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.39% yearly.
- Based on estimates for the next years, ELS will show a small growth in Revenue. The Revenue will grow by 3.91% on average per year.
EPS Next Y3.42%
EPS Next 2Y3.21%
EPS Next 3Y4.57%
EPS Next 5Y5.39%
Revenue Next Year1.04%
Revenue Next 2Y2.74%
Revenue Next 3Y2.92%
Revenue Next 5Y3.91%
3.3 Evolution
- The EPS growth rate is stable: in the next years the growth will be about the same 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
- The Price/Earnings ratio is 31.48, which means the current valuation is very expensive for ELS.
- ELS's Price/Earnings ratio is in line with the industry average.
- Compared to an average S&P500 Price/Earnings ratio of 27.54, ELS is valued at the same level.
- ELS is valuated quite expensively with a Price/Forward Earnings ratio of 29.71.
- Based on the Price/Forward Earnings ratio, ELS is valued cheaper than 100.00% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 24.31. ELS is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.48 | ||
| Fwd PE | 29.71 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, ELS is valued more expensive than 85.00% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of ELS indicates a somewhat cheap valuation: ELS is cheaper than 70.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 35.8 | ||
| EV/EBITDA | 21 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- ELS has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)9.21
PEG (5Y)6.61
EPS Next 2Y3.21%
EPS Next 3Y4.57%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 3.36%, ELS has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 32.52, ELS's dividend is way lower than its industry peers. On top of this 85.00% of the companies listed in the same industry pay a better dividend than ELS!
- ELS's Dividend Yield is rather good when compared to the S&P500 average which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.36% |
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 its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)8.99%
Div Incr Years20
Div Non Decr Years20
5.3 Sustainability
- ELS pays out 103.47% of its income as dividend. This is not a sustainable payout ratio.
- The dividend of ELS is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP103.47%
EPS Next 2Y3.21%
EPS Next 3Y4.57%
NYSE:ELS (1/16/2026, 11:05:54 AM)
61.71
-0.42 (-0.68%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)10-22 2025-10-22/amc
Earnings (Next)02-02 2026-02-02/amc
Inst Owners105.68%
Inst Owner Change0.09%
Ins Owners0.67%
Ins Owner Change0%
Market Cap11.96B
Revenue(TTM)1.52B
Net Income(TTM)382.00M
Analysts80
Price Target71.62 (16.06%)
Short Float %4.57%
Short Ratio4.94
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.36% |
Yearly Dividend1.95
Dividend Growth(5Y)8.99%
DP103.47%
Div Incr Years20
Div Non Decr Years20
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.14%
Min EPS beat(2)-6.67%
Max EPS beat(2)6.95%
EPS beat(4)3
Avg EPS beat(4)1.09%
Min EPS beat(4)-6.67%
Max EPS beat(4)6.95%
EPS beat(8)6
Avg EPS beat(8)6.34%
EPS beat(12)7
Avg EPS beat(12)4.88%
EPS beat(16)9
Avg EPS beat(16)4.61%
Revenue beat(2)0
Avg Revenue beat(2)-1.67%
Min Revenue beat(2)-2.33%
Max Revenue beat(2)-1.01%
Revenue beat(4)0
Avg Revenue beat(4)-2.22%
Min Revenue beat(4)-3.82%
Max Revenue beat(4)-1.01%
Revenue beat(8)2
Avg Revenue beat(8)-1.69%
Revenue beat(12)2
Avg Revenue beat(12)-1.52%
Revenue beat(16)6
Avg Revenue beat(16)1.89%
PT rev (1m)0.27%
PT rev (3m)-0.44%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.83%
EPS NY rev (1m)-0.08%
EPS NY rev (3m)2.54%
Revenue NQ rev (1m)-0.03%
Revenue NQ rev (3m)-1.5%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.51%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.48 | ||
| Fwd PE | 29.71 | ||
| P/S | 7.86 | ||
| P/FCF | 35.8 | ||
| P/OCF | 20.73 | ||
| P/B | 6.82 | ||
| P/tB | 6.82 | ||
| EV/EBITDA | 21 |
EPS(TTM)1.96
EY3.18%
EPS(NY)2.08
Fwd EY3.37%
FCF(TTM)1.72
FCFY2.79%
OCF(TTM)2.98
OCFY4.82%
SpS7.85
BVpS9.05
TBVpS9.05
PEG (NY)9.21
PEG (5Y)6.61
Graham Number19.97
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.65% | ||
| ROE | 21.79% | ||
| ROCE | 9.5% | ||
| ROIC | 7.5% | ||
| ROICexc | 7.56% | ||
| ROICexgc | 7.73% | ||
| OM | 33.91% | ||
| PM (TTM) | 25.09% | ||
| GM | 52.99% | ||
| FCFM | 21.95% |
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%
ROICexgc growth 3Y6.59%
ROICexgc 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 Turnover0.26
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.87 | ||
| Debt/FCF | 9.81 | ||
| Debt/EBITDA | 4.5 | ||
| Cap/Depr | 114.86% | ||
| Cap/Sales | 15.96% | ||
| Interest Coverage | 3.97 | ||
| Cash Conversion | 79.29% | ||
| Profit Quality | 87.46% | ||
| Current Ratio | 0.04 | ||
| Quick Ratio | 0.04 | ||
| Altman-Z | 2.25 |
F-Score6
WACC7.59%
ROIC/WACC0.99
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)1.03%
EPS 3Y11.41%
EPS 5Y4.77%
EPS Q2Q%13.64%
EPS Next Y3.42%
EPS Next 2Y3.21%
EPS Next 3Y4.57%
EPS Next 5Y5.39%
Revenue 1Y (TTM)1.1%
Revenue growth 3Y4.98%
Revenue growth 5Y8.11%
Sales Q2Q%1.63%
Revenue Next Year1.04%
Revenue Next 2Y2.74%
Revenue Next 3Y2.92%
Revenue Next 5Y3.91%
EBIT growth 1Y8.7%
EBIT growth 3Y9.27%
EBIT growth 5Y8.4%
EBIT Next Year47.09%
EBIT Next 3Y17.15%
EBIT Next 5Y12.48%
FCF growth 1Y102.82%
FCF growth 3YN/A
FCF growth 5Y412.66%
OCF growth 1Y8.83%
OCF growth 3Y5.44%
OCF growth 5Y6.11%
EQUITY LIFESTYLE PROPERTIES / ELS FAQ
What is the fundamental rating for ELS stock?
ChartMill assigns a fundamental rating of 5 / 10 to ELS.
Can you provide the valuation status for EQUITY LIFESTYLE PROPERTIES?
ChartMill assigns a valuation rating of 3 / 10 to EQUITY LIFESTYLE PROPERTIES (ELS). This can be considered as Overvalued.
What is the profitability of ELS stock?
EQUITY LIFESTYLE PROPERTIES (ELS) has a profitability rating of 7 / 10.
What are the PE and PB ratios of EQUITY LIFESTYLE PROPERTIES (ELS) stock?
The Price/Earnings (PE) ratio for EQUITY LIFESTYLE PROPERTIES (ELS) is 31.48 and the Price/Book (PB) ratio is 6.82.
How sustainable is the dividend of EQUITY LIFESTYLE PROPERTIES (ELS) stock?
The dividend rating of EQUITY LIFESTYLE PROPERTIES (ELS) is 5 / 10 and the dividend payout ratio is 103.47%.