Equity Lifestyle Properties Inc (ELS) is overvalued and Vivmark Residential (VMRK) is overvalued.
Both trade above our estimate of their intrinsic value. ELS is the closer of the two: -79%, against -92% for VMRK.
Values as of the 22 Sept 2026 close.
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
Discounting its cash flows at 8.6% (average of 3 methods) values the shares at $32.55; the price of $62.35 is 92% above that value, and 77% of that value comes from beyond year five.
Leak Score 35/100 on 7 of 12 signals
| Metric | ELS | VMRK |
|---|---|---|
| Verdict | Overvalued | Overvalued |
| Price | $60.26 | $62.35 |
| Intrinsic value | $33.71 | $32.55 |
| Margin of safety | -79% | -92% |
| Leak Score | 0/100 (2/12) | 35/100 (7/12) |
| Market cap | $12.1B | $48.2B |
| Revenue growth, 5 years | 7.1% | 3.9% |
| Operating margin | 34.3% | 28.8% |
| Net margin | 25.7% | 27.7% |
| Return on equity | 23.0% | 8.1% |
| Debt to equity | 1.88 | 0.79 |
| P/E | 29.3x | 27.4x |
| Forward P/E | 27.4x | 36.3x |
| P/B | 6.7x | 2.2x |
| Dividend yield | 3.6% | 4.5% |