SUN COMMUNITIES INC (SUI) Stock Fundamental Analysis
USA - NYSE:SUI - US8666741041 - REIT
122.37 USD
-2.1 (-1.69%)
122.37 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to SUI. SUI was compared to 20 industry peers in the Residential REITs industry. While SUI has a great health rating, its profitability is only average at the moment. A decent growth rate in combination with a cheap valuation! Better keep an eye on SUI. These ratings could make SUI a good candidate for value investing.
1. Profitability
1.1 Basic Checks
In the past year SUI was profitable.
SUI had a positive operating cash flow in the past year.
Of the past 5 years SUI 4 years were profitable.
SUI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
SUI has a Return On Assets of 9.69%. This is amongst the best in the industry. SUI outperforms 100.00% of its industry peers.
SUI has a better Return On Equity (16.89%) than 95.00% of its industry peers.
With a decent Return On Invested Capital value of 3.13%, SUI is doing good in the industry, outperforming 70.00% of the companies in the same industry.
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 2.60%.
The 3 year average ROIC (2.59%) for SUI is below the current ROIC(3.13%), indicating increased profibility in the last year.
| 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's Profit Margin of 46.59% is amongst the best of the industry. SUI outperforms 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.
In the last couple of years the Operating Margin of SUI has declined.
SUI's Gross Margin of 49.70% is on the low side compared to the rest of the industry. SUI is outperformed by 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SUI is destroying value.
SUI has more shares outstanding than it did 1 year ago.
SUI has more shares outstanding than it did 5 years ago.
SUI has a better debt/assets ratio than last year.
2.2 Solvency
SUI has an Altman-Z score of 1.85. 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.
The Altman-Z score of SUI (1.85) is better than 90.00% of its industry peers.
SUI has a debt to FCF ratio of 5.45. This is a neutral value as SUI would need 5.45 years to pay back of 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.
With an excellent Debt to Equity ratio value of 0.56, SUI belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 5.45 | ||
| Altman-Z | 1.85 |
ROIC/WACC0.45
WACC6.99%
2.3 Liquidity
SUI has a Current Ratio of 4.21. This indicates that SUI is financially healthy and has no problem in meeting its short term obligations.
SUI's Current ratio of 4.21 is amongst the best of the industry. SUI outperforms 95.00% of its industry peers.
A Quick Ratio of 3.81 indicates that SUI has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 3.81, SUI belongs to the best of the industry, outperforming 95.00% 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.
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.
SUI shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -14.35%.
SUI shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 20.57% yearly.
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.
The Revenue is expected to decrease by -2.27% on average over the next years.
EPS Next Y1198.46%
EPS Next 2Y90.86%
EPS Next 3Y64.57%
EPS Next 5Y47.07%
Revenue Next Year-26.51%
Revenue Next 2Y-12.19%
Revenue Next 3Y-7.01%
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 11.96 indicates a reasonable valuation of SUI.
Compared to the rest of the industry, the Price/Earnings ratio of SUI indicates a rather cheap valuation: SUI is cheaper than 100.00% of the companies listed in the same industry.
SUI's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.08.
A Price/Forward Earnings ratio of 44.79 indicates a quite expensive valuation of SUI.
65.00% of the companies in the same industry are more expensive than SUI, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 23.09. SUI is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.96 | ||
| Fwd PE | 44.79 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SUI is valued cheaper than 100.00% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, SUI is valued cheaply inside the industry as 95.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.45 | ||
| EV/EBITDA | 15.6 |
4.3 Compensation for Growth
The 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.
SUI's earnings are expected to grow with 64.57% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.01
PEG (5Y)N/A
EPS Next 2Y90.86%
EPS Next 3Y64.57%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.37%, SUI has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 7.06, SUI'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 SUI!
Compared to an average S&P500 Dividend Yield of 2.30, SUI pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.37% |
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.
The dividend of SUI is growing, but earnings are growing more, so the dividend growth is sustainable.
DP78.85%
EPS Next 2Y90.86%
EPS Next 3Y64.57%
122.37
-2.1 (-1.69%)
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 Change0.04%
Ins Owners0.34%
Ins Owner Change4.85%
Market Cap15.32B
Revenue(TTM)2.78B
Net Income(TTM)1.30B
Analysts74
Price Target141.46 (15.6%)
Short Float %1.3%
Short Ratio1.94
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.37% |
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)0.23%
PT rev (3m)0.91%
EPS NQ rev (1m)0.93%
EPS NQ rev (3m)-6.9%
EPS NY rev (1m)19.24%
EPS NY rev (3m)295.16%
Revenue NQ rev (1m)0.68%
Revenue NQ rev (3m)-0.31%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.98%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.96 | ||
| Fwd PE | 44.79 | ||
| P/S | 5.51 | ||
| P/FCF | 19.45 | ||
| P/OCF | 18.98 | ||
| P/B | 2 | ||
| P/tB | 2.03 | ||
| EV/EBITDA | 15.6 |
EPS(TTM)10.23
EY8.36%
EPS(NY)2.73
Fwd EY2.23%
FCF(TTM)6.29
FCFY5.14%
OCF(TTM)6.45
OCFY5.27%
SpS22.21
BVpS61.26
TBVpS60.38
PEG (NY)0.01
PEG (5Y)N/A
Graham Number118.75
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%
ROICexgc growth 3Y-3.23%
ROICexgc 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 | 1.85 |
F-Score7
WACC6.99%
ROIC/WACC0.45
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 Y1198.46%
EPS Next 2Y90.86%
EPS Next 3Y64.57%
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-12.19%
Revenue Next 3Y-7.01%
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%
SUN COMMUNITIES INC / SUI FAQ
What is the ChartMill fundamental rating of SUN COMMUNITIES INC (SUI) stock?
ChartMill assigns a fundamental rating of 6 / 10 to SUI.
What is the valuation status of SUN COMMUNITIES INC (SUI) stock?
ChartMill assigns a valuation rating of 7 / 10 to SUN COMMUNITIES INC (SUI). This can be considered as Undervalued.
Can you provide the profitability details for SUN COMMUNITIES INC?
SUN COMMUNITIES INC (SUI) has a profitability rating of 6 / 10.
What are the PE and PB ratios of SUN COMMUNITIES INC (SUI) stock?
The Price/Earnings (PE) ratio for SUN COMMUNITIES INC (SUI) is 11.96 and the Price/Book (PB) ratio is 2.
How sustainable is the dividend of SUN COMMUNITIES INC (SUI) stock?
The dividend rating of SUN COMMUNITIES INC (SUI) is 5 / 10 and the dividend payout ratio is 78.85%.