Equity Lifestyle Properties Inc vs Sun Communities Inc

Equity Lifestyle Properties Inc (ELS) is overvalued and we do not publish a verdict for Sun Communities Inc (SUI).

We publish an intrinsic value for ELS but not for SUI, so the two cannot be ranked on price.

Values as of the 22 Sept 2026 close.

Equity Lifestyle Properties Inc (ELS)

Discounting its cash flows at 8.0% (average of 3 methods) values the shares at $33.71; the price of $60.26 is 79% above that value, and 80% of that value comes from beyond year five.

Leak Score 0/100 on 2 of 12 signals

Sun Communities Inc (SUI)

We do not publish a value for this company: its projected cash flows are negative in every year, including the terminal one.

Leak Score 0/100 on 1 of 12 signals

MetricELSSUI
VerdictOvervaluedNot valued
Price$60.26$113.77
Intrinsic value$33.71
Margin of safety-79%
Leak Score0/100 (2/12)0/100 (1/12)
Market cap$12.1B$13.9B
Revenue growth, 5 years7.1%10.7%
Operating margin34.3%4.0%
Net margin25.7%-39.2%
Return on equity23.0%2.9%
Debt to equity1.880.73
P/E29.3x
Forward P/E27.4x33.9x
P/B6.7x2.5x
Dividend yield3.6%3.9%

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