Sun Communities, Inc.

Sun Communities, Inc.

SUIยทNYSE

$122.69

+1.2%
Real EstateREIT - Residential

Sun Communities, Inc. is a REIT that, as of March 31, 2022, owned, operated, or had an interest in a portfolio of 603 developed MH, RV and marina properties comprising nearly 159,300 developed sites and over 45,700 wet slips and dry storage spaces in 39 states, Canada, Puerto Rico and the UK.

At a Glance

Live Snapshot
Market Cap$15.12B
EPS10.8400
P/E Ratio11.32
Earnings Date07/29/2026
Sun Communities, Inc.

Sun Communities, Inc. Fair Value Envelope

SUI ยท NYSE

Our analysis suggests that SUI has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $122.69, this represents a potential HIDDEN relative to our calculated worth for Sun Communities, Inc..

Intrinsic Value
Current Price: $122.69

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$10.2B
+ Cash & Equivalents$636.1M
Firm Value$10.8B
- Debt$1.8B
Equity Value$9.0B
/ Shares Outstanding125,851,481B
DCF Value$72
OVERVALUED BY 42%

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
$840.3M
$817.0M
$794.4M
$772.4M
$751.0M
$730.3M
$710.0M
$690.4M
$671.3M
$652.7M
Maintenance CapEx
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
Owner Earnings
$840.3M
$817.0M
$794.4M
$772.4M
$751.0M
$730.3M
$710.0M
$690.4M
$671.3M
$652.7M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$778.0M
$700.5M
$630.6M
$567.8M
$511.1M
$460.2M
$414.3M
$373.0M
$335.8M
$302.3M
Terminal Value represents 50.3% of Enterprise Value