MAA - NYSE
Mid-America Apartment Communities, Inc.
$136.87
+6.1%MAA, an S&P 500 company, is a real estate investment trust, or REIT, focused on delivering full-cycle and superior investment performance for shareholders through the ownership, management, acquisition, development and redevelopment of quality apartment communities in the Southeast, Southwest, and Mid-Atlantic regions of the United States. As of December 31, 2020, MAA had ownership interest in 102,772 apartment units, including communities currently in development, across 16 states and the District of Columbia.
At a Glance
Live SnapshotMid-America Apartment Communities, Inc. Fair Value Envelope
Owner Earnings Valuation Tool
Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation
Historical Financial Data
Base year metrics used for projections
Projection Settings
Forecast period and terminal assumptions
DCF Valuation Summary
Calculation flow from present value to intrinsic value per share
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 | $997.6M | $923.1M | $854.1M | $790.3M | $731.2M | $676.6M | $626.0M | $579.2M | $535.9M | $495.9M |
| Maintenance CapEx | -$66.7M | -$61.7M | -$57.1M | -$52.8M | -$48.9M | -$45.2M | -$41.8M | -$38.7M | -$35.8M | -$33.1M |
| Owner Earnings | $930.9M | $861.4M | $797.0M | $737.4M | $682.3M | $631.3M | $584.2M | $540.5M | $500.1M | $462.8M |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | $862.0M | $738.5M | $632.7M | $542.0M | $464.4M | $397.9M | $340.9M | $292.0M | $250.2M | $214.3M |
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Snapshot
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Value Model
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Statements
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Earnings Call
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Dividends
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Analyst Expectations
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