Sun Communities Valuation

Is SUI undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • PM vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of SUI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SUI ($131.31) is trading below our estimate of fair value ($195.52)

Significantly Below Fair Value: SUI is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for SUI?

Other financial metrics that can be useful for relative valuation.

SUI key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue7.6x
Enterprise Value/EBITDA19x
PEG Ration/a

Price to Sales Ratio vs Peers

How does SUI's PS Ratio compare to its peers?

The above table shows the PS ratio for SUI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average7.4x
AMH American Homes 4 Rent
8.2x6.7%US$15.1b
INVH Invitation Homes
8.5x6.0%US$20.6b
ELS Equity LifeStyle Properties
8.2x4.4%US$13.0b
UMH UMH Properties
4.6x9.9%US$969.7m
SUI Sun Communities
5.1x3.1%US$16.6b

Price-To-Sales vs Peers: SUI is good value based on its Price-To-Sales Ratio (5.1x) compared to the peer average (7.4x).


Price to Earnings Ratio vs Industry

How does SUI's PE Ratio compare vs other companies in the US Residential REITs Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a2.0%
n/an/an/a
No. of CompaniesPS048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a2.0%
n/an/an/a
No more companies

Price-To-Sales vs Industry: SUI is good value based on its Price-To-Sales Ratio (5.1x) compared to the US Residential REITs industry average (5.6x).


Price to Sales Ratio vs Fair Ratio

What is SUI's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SUI PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio5.1x
Fair PS Ratio5.1x

PM vs Fair Ratio: SUI is expensive based on its Price-To-Sales Ratio (5.1x) compared to the estimated Fair Price-To-Sales Ratio (5.1x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst SUI forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$131.31
US$145.40
+10.7%
9.6%US$170.00US$116.00n/a15
Feb ’25US$129.39
US$145.27
+12.3%
9.6%US$170.00US$116.00n/a15
Jan ’25US$133.65
US$143.93
+7.7%
10.2%US$170.00US$116.00n/a14
Dec ’24US$132.67
US$139.93
+5.5%
11.0%US$173.00US$116.00n/a14
Nov ’24US$113.49
US$137.36
+21.0%
13.1%US$173.00US$110.00n/a14
Oct ’24US$118.34
US$150.23
+26.9%
6.6%US$173.00US$129.00n/a13
Sep ’24US$121.97
US$151.54
+24.2%
5.4%US$173.00US$139.00n/a13
Aug ’24US$129.92
US$153.00
+17.8%
5.5%US$173.00US$139.00n/a13
Jul ’24US$130.46
US$158.42
+21.4%
5.5%US$173.00US$140.00n/a12
Jun ’24US$128.06
US$158.55
+23.8%
4.9%US$169.00US$140.00n/a11
May ’24US$139.18
US$160.64
+15.4%
3.7%US$169.00US$151.00n/a11
Apr ’24US$140.88
US$161.60
+14.7%
4.3%US$174.00US$151.00n/a10
Mar ’24US$138.97
US$166.60
+19.9%
5.8%US$185.00US$155.00n/a10
Feb ’24US$157.99
US$164.90
+4.4%
5.5%US$185.00US$152.00US$129.3910
Jan ’24US$143.00
US$163.10
+14.1%
5.2%US$185.00US$153.00US$133.6510
Dec ’23US$147.10
US$162.90
+10.7%
5.2%US$185.00US$153.00US$132.6710
Nov ’23US$134.38
US$161.30
+20.0%
6.6%US$185.00US$147.00US$113.4910
Oct ’23US$135.33
US$188.70
+39.4%
7.6%US$210.00US$166.00US$118.3410
Sep ’23US$153.57
US$192.50
+25.4%
5.7%US$210.00US$170.00US$121.9710
Aug ’23US$162.60
US$192.27
+18.2%
5.6%US$210.00US$170.00US$129.9211
Jul ’23US$161.67
US$198.45
+22.8%
6.8%US$220.00US$174.00US$130.4611
Jun ’23US$164.50
US$208.64
+26.8%
6.8%US$230.00US$185.00US$128.0611
May ’23US$175.57
US$215.90
+23.0%
4.0%US$230.00US$202.00US$139.1810
Apr ’23US$181.17
US$220.78
+21.9%
4.8%US$236.00US$205.00US$140.889
Mar ’23US$178.49
US$225.24
+26.2%
4.1%US$240.00US$210.00US$138.979
Feb ’23US$188.68
US$228.00
+20.8%
4.0%US$241.00US$210.00US$157.999

Analyst Forecast: Target price is less than 20% higher than the current share price.


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