WallStSmart

Mid-America Apartment Communities Inc (MAA)vsSun Communities Inc (SUI)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Sun Communities Inc generates 6% more annual revenue ($2.34B vs $2.21B). SUI leads profitability with a 59.7% profit margin vs 17.6%. MAA appears more attractively valued with a PEG of 7.03. MAA earns a higher WallStSmart Score of 50/100 (D+).

MAA

Hold

50

out of 100

Grade: D+

Growth: 3.3Profit: 7.0Value: 3.7Quality: 3.0
Piotroski: 3/9Altman Z: 0.68

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

Intrinsic value data unavailable for MAA.

SUIUndervalued (+39.2%)

Margin of Safety

+39.2%

Fair Value

$210.29

Current Price

$123.63

$86.66 discount

UndervaluedFair: $210.29Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

MAA2 strengths · Avg: 8.0/10
Price/BookValuation
3.0x8/10

Reasonable price relative to book value

Operating MarginProfitability
26.6%8/10

Strong operational efficiency at 26.6%

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

MAA4 concerns · Avg: 3.3/10
Revenue GrowthGrowth
0.8%4/10

0.8% revenue growth

Return on EquityProfitability
7.0%3/10

ROE of 7.0% — below average capital efficiency

Debt/EquityHealth
1.023/10

Elevated debt levels

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

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 : MAA

The strongest argument for MAA centers on Price/Book, Operating Margin. Profitability is solid with margins at 17.6% and operating margin at 26.6%.

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 : MAA

The primary concerns for MAA are Revenue Growth, Return on Equity, Debt/Equity. A P/E of 40.9x leaves little room for execution misses.

Bear Case : SUI

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

Key Dynamics to Monitor

MAA profiles as a value stock while SUI is a mature play — different risk/reward profiles.

SUI carries more volatility with a beta of 0.79 — 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

MAA scores higher overall (50/100 vs 48/100), backed by strong 17.6% margins. SUI offers better value entry with a 39.2% 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.

Mid-America Apartment Communities Inc

REAL ESTATE · REIT - RESIDENTIAL · USA

Mid-America Apartment Communities (MAA) is a publicly traded real estate investment trust based in Memphis, Tennessee that invests in apartments in the Southeastern United States and the Southwestern United States.

Sun Communities Inc

REAL ESTATE · REIT - RESIDENTIAL · USA

Sun Communities Inc. (SUI) is a premier real estate investment trust (REIT) specializing in the acquisition, development, and management of manufactured housing and recreational vehicle (RV) communities throughout the United States and Canada. With a robust portfolio of over 600 properties, the company is dedicated to generating long-term value by delivering consistent rental income while enhancing tenant experiences through focused community improvements. Sun Communities' strategic emphasis on sustainability and responsible land stewardship not only aligns with evolving housing trends but also positions it as an attractive investment for institutional investors seeking stability and growth in the affordable housing sector.

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