WallStSmart

Apartment Investment and Management Co (AIV)vsSun Communities Inc (SUI)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Sun Communities Inc generates 1589% more annual revenue ($2.34B vs $138.49M). AIV leads profitability with a 400.0% profit margin vs 59.7%. SUI appears more attractively valued with a PEG of 8.16. SUI earns a higher WallStSmart Score of 48/100 (D+).

AIV

Hold

44

out of 100

Grade: D

Growth: 2.0Profit: 6.0Value: 3.3Quality: 4.0
Piotroski: 4/9Altman Z: 0.60

SUI

Hold

48

out of 100

Grade: D+

Growth: 3.3Profit: 5.5Value: 5.7Quality: 4.5
Piotroski: 5/9Altman Z: 0.56
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

AIVSignificantly Overvalued (-58.0%)

Margin of Safety

-58.0%

Fair Value

$3.74

Current Price

$2.66

$1.08 premium

UndervaluedFair: $3.74Overvalued
SUIUndervalued (+38.9%)

Margin of Safety

+38.9%

Fair Value

$209.27

Current Price

$127.94

$81.33 discount

UndervaluedFair: $209.27Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

AIV3 strengths · Avg: 10.0/10
Price/BookValuation
1.0x10/10

Reasonable price relative to book value

Return on EquityProfitability
78.5%10/10

Every $100 of equity generates 78 in profit

Profit MarginProfitability
400.0%10/10

Keeps 400 of every $100 in revenue as profit

SUI2 strengths · Avg: 9.0/10
Profit MarginProfitability
59.7%10/10

Keeps 60 of every $100 in revenue as profit

Price/BookValuation
2.3x8/10

Reasonable price relative to book value

Areas to Watch

AIV4 concerns · Avg: 2.3/10
Market CapQuality
$397.19M3/10

Smaller company, higher risk/reward

PEG RatioValuation
839.322/10

Expensive relative to growth rate

Revenue GrowthGrowth
-3.9%2/10

Revenue declined 3.9%

EPS GrowthGrowth
-63.2%2/10

Earnings declined 63.2%

SUI4 concerns · Avg: 2.0/10
PEG RatioValuation
8.162/10

Expensive relative to growth rate

Return on EquityProfitability
-15.7%2/10

ROE of -15.7% — below average capital efficiency

EPS GrowthGrowth
-97.1%2/10

Earnings declined 97.1%

Altman Z-ScoreHealth
0.562/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : AIV

The strongest argument for AIV centers on Price/Book, Return on Equity, Profit Margin. Profitability is solid with margins at 400.0% and operating margin at -84.6%.

Bull Case : SUI

The strongest argument for SUI centers on Profit Margin, Price/Book. Profitability is solid with margins at 59.7% and operating margin at 13.4%.

Bear Case : AIV

The primary concerns for AIV are Market Cap, PEG Ratio, Revenue Growth.

Bear Case : SUI

The primary concerns for SUI are PEG Ratio, Return on Equity, EPS Growth.

Key Dynamics to Monitor

AIV profiles as a declining stock while SUI is a mature play — different risk/reward profiles.

AIV carries more volatility with a beta of 1.23 — expect wider price swings.

SUI is growing revenue faster at 8.6% — sustainability is the question.

SUI generates stronger free cash flow (269M), providing more financial flexibility.

Bottom Line

SUI scores higher overall (48/100 vs 44/100), backed by strong 59.7% margins. Both earn "Hold" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Apartment Investment and Management Co

REAL ESTATE · REIT - RESIDENTIAL · USA

Aimco is a Real Estate Investment Trust focused on property development, redevelopment, and various other value-creating investment strategies targeting the US multi-family market.

Sun Communities Inc

REAL ESTATE · REIT - RESIDENTIAL · USA

Sun Communities Inc. (SUI) is a prominent real estate investment trust (REIT) specializing in acquiring, developing, and managing a diverse array of manufactured housing and recreational vehicle (RV) communities throughout the U.S. and Canada. With a robust portfolio of over 600 properties, the company emphasizes long-term value creation by generating consistent rental income and enhancing tenant experiences. Sun Communities is dedicated to sustainability and responsible land use, positioning itself as a strong contender in the burgeoning affordable housing market, appealing to institutional investors looking for stability and growth in their portfolios.

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