WallStSmart

Camden Property Trust (CPT)vsSun Communities Inc (SUI)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Sun Communities Inc generates 48% more annual revenue ($2.34B vs $1.58B). SUI leads profitability with a 59.7% profit margin vs 24.5%. SUI appears more attractively valued with a PEG of 8.16. CPT earns a higher WallStSmart Score of 49/100 (D+).

CPT

Hold

49

out of 100

Grade: D+

Growth: 4.0Profit: 5.5Value: 4.0Quality: 3.5
Piotroski: 5/9Altman Z: 0.74

SUI

Hold

48

out of 100

Grade: D+

Growth: 3.3Profit: 7.0Value: 5.7Quality: 5.0
Piotroski: 5/9Altman Z: 0.56
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

CPTUndervalued (+13.8%)

Margin of Safety

+13.8%

Fair Value

$128.50

Current Price

$112.60

$15.90 discount

UndervaluedFair: $128.50Overvalued
SUIUndervalued (+39.5%)

Margin of Safety

+39.5%

Fair Value

$211.32

Current Price

$123.69

$87.63 discount

UndervaluedFair: $211.32Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

CPT2 strengths · Avg: 8.5/10
Profit MarginProfitability
24.5%9/10

Keeps 25 of every $100 in revenue as profit

Price/BookValuation
2.9x8/10

Reasonable price relative to book value

SUI3 strengths · Avg: 9.0/10
Profit MarginProfitability
59.7%10/10

Keeps 60 of every $100 in revenue as profit

Return on EquityProfitability
20.5%9/10

Every $100 of equity generates 20 in profit

Price/BookValuation
2.3x8/10

Reasonable price relative to book value

Areas to Watch

CPT4 concerns · Avg: 3.0/10
P/E RatioValuation
32.1x4/10

Premium valuation, high expectations priced in

Operating MarginProfitability
3.7%3/10

Operating margin of 3.7%

Debt/EquityHealth
1.063/10

Elevated debt levels

PEG RatioValuation
9.172/10

Expensive relative to growth rate

SUI3 concerns · Avg: 2.0/10
PEG RatioValuation
8.162/10

Expensive relative to growth rate

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 : CPT

The strongest argument for CPT centers on Profit Margin, Price/Book. Profitability is solid with margins at 24.5% and operating margin at 3.7%.

Bull Case : SUI

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

Bear Case : CPT

The primary concerns for CPT are P/E Ratio, Operating Margin, Debt/Equity.

Bear Case : SUI

The primary concerns for SUI are PEG Ratio, EPS Growth, Altman Z-Score.

Key Dynamics to Monitor

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

CPT carries more volatility with a beta of 0.81 — 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

CPT scores higher overall (49/100 vs 48/100), backed by strong 24.5% margins. SUI offers better value entry with a 39.5% margin of safety. 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.

Camden Property Trust

REAL ESTATE · REIT - RESIDENTIAL · USA

Camden Property Trust, an S&P 400 company, is a real estate company primarily engaged in the ownership, management, development, remodeling, acquisition, and construction of multi-family apartment communities.

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Sun Communities Inc

REAL ESTATE · REIT - RESIDENTIAL · USA

Sun Communities Inc. (SUI) is a leading real estate investment trust (REIT) focused on the acquisition, development, and management of manufactured housing and recreational vehicle (RV) communities across the United States and Canada. With a diversified portfolio of over 600 properties, the company emphasizes long-term value creation through consistent rental income and tenant-centric improvements. Sun Communities’ commitment to sustainability and responsible land stewardship positions it as a compelling option for institutional investors seeking stability and growth in the evolving housing sector, capitalizing on the increasing demand for affordable and flexible living solutions.

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