ELS - NYSE

Equity LifeStyle Properties, Inc.

Equity LifeStyle Properties, Inc.

ELSยทNYSE

$61.82

+0.60%
Real EstateREIT - Residential

We are a self-administered, self-managed real estate investment trust (REIT) with headquarters in Chicago. As of January 25, 2021, we own or have an interest in 423 quality properties in 33 states and British Columbia consisting of 161,229 sites.

StatementsValue Model

At a Glance

Live Snapshot
Market Cap$11.99B
EPS1.9300
P/E Ratio32.03
Earnings Date07/20/2026
Equity LifeStyle Properties, Inc.

Equity LifeStyle Properties, Inc. Fair Value Envelope

ELS ยท NYSE

Our analysis suggests that ELS has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $61.82, this represents a potential HIDDEN relative to our calculated worth for Equity LifeStyle Properties, Inc..

HIDDEN
Intrinsic Value
Current Price: $61.82

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$4.9B
+ Cash & Equivalents$26.1M
Firm Value$4.9B
- Debt$3.4B
Equity Value$1.5B
/ Shares Outstanding193,828,480B
DCF Value$8
OVERVALUED BY 87%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$536.8M
$504.5M
$474.1M
$445.6M
$418.8M
$393.6M
$369.9M
$347.7M
$326.7M
$307.1M
Maintenance CapEx
-$44.6M
-$41.9M
-$39.4M
-$37.0M
-$34.8M
-$32.7M
-$30.7M
-$28.9M
-$27.1M
-$25.5M
Owner Earnings
$492.2M
$462.6M
$434.8M
$408.6M
$384.0M
$360.9M
$339.2M
$318.8M
$299.6M
$281.6M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$455.8M
$396.6M
$345.1M
$300.3M
$261.4M
$227.4M
$197.9M
$172.2M
$149.9M
$130.4M
Terminal Value represents 45.7% of Enterprise Value

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