Sun Communities (STU:SCZ) Cyclically Adjusted FCF per Share: €2.55 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:SCZ Sun Communities Inc STU:SCZ
68 GF Score
Price €101.00
GF Value €107.42
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Sun Communities Cyclically Adjusted FCF per Share?

Sun Communities STU:SCZ -0.98% 68 Cyclically Adjusted FCF per Share is €2.55 as of Jun. 2026. GuruFocus rates STU:SCZ with a GF Score™ of 68/100 and a GF Value™ of €107.42 (Fairly Valued). The stock has 7 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Sun Communities's adjusted free cash flow per share for the three months ended in Jun. 2026 was €1.400. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is €2.55 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Sun Communities's average Cyclically Adjusted FCF Growth Rate was 6.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 6.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 12.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 20.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Sun Communities was 45.10% per year. The lowest was -21.90% per year. And the median was 19.70% per year.

As of today (2026-09-16), Sun Communities's current stock price is €101.00. Sun Communities's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was €2.55. Sun Communities's Cyclically Adjusted Price-to-FCF of today is 39.69.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Sun Communities was 64.43. The lowest was 16.90. And the median was 45.23.


Sun Communities  (STU:SCZ) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Sun Communities's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=101.00/2.545
=39.69

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Sun Communities was 64.43. The lowest was 16.90. And the median was 45.23.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Sun Communities Cyclically Adjusted FCF per Share Related Terms


Sun Communities Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Sun Communities's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sun Communities Cyclically Adjusted FCF per Share Chart

Sun Communities Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.47 2.16 1.76 1.77 1.66

Sun Communities Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.59 2.54 2.47 2.52 2.55

STU:SCZ vs MAA, INVH, ELS: Cyclically Adjusted FCF per Share Comparison

For the REIT - Residential subindustry, Sun Communities's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sun Communities Cyclically Adjusted Price-to-FCF vs REITs Industry

For the REITs industry and Real Estate sector, Sun Communities's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Sun Communities's Cyclically Adjusted Price-to-FCF falls into.


STU:SCZ
68GF Score
Sun Communities Inc STU:SCZ
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sun Communities Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Sun Communities's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.4/333.9520*333.9520
=1.400

Current CPI (Jun. 2026) = 333.9520.

Sun Communities Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 0.819 241.428 1.133
201612 0.843 241.432 1.166
201703 0.911 243.801 1.248
201706 0.971 244.955 1.324
201709 0.652 246.819 0.882
201712 0.405 246.524 0.549
201803 0.835 249.554 1.117
201806 1.260 251.989 1.670
201809 1.130 252.439 1.495
201812 0.689 251.233 0.916
201903 1.062 254.202 1.395
201906 1.612 256.143 2.102
201909 1.848 256.759 2.404
201912 0.800 256.974 1.040
202003 -0.127 258.115 -0.164
202006 0.458 257.797 0.593
202009 0.293 260.280 0.376
202012 -0.456 260.474 -0.585
202103 0.535 264.877 0.675
202106 0.794 271.696 0.976
202109 0.122 274.310 0.149
202112 -0.657 278.802 -0.787
202203 0.358 287.504 0.416
202206 0.421 296.311 0.474
202209 -0.668 296.808 -0.752
202212 -1.396 296.797 -1.571
202303 -0.708 301.836 -0.783
202306 -0.034 305.109 -0.037
202309 -0.003 307.789 -0.003
202312 -0.708 306.746 -0.771
202403 1.009 312.332 1.079
202406 1.540 314.175 1.637
202409 0.540 315.301 0.572
202412 -0.145 315.605 -0.153
202503 1.021 319.799 1.066
202506 1.251 322.561 1.295
202509 0.584 324.800 0.600
202512 0.182 324.054 0.188
202603 1.105 330.213 1.118
202606 1.400 333.952 1.400

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of €2.55 mean?
Sun Communities (STU:SCZ) has a Cyclically Adjusted FCF per Share of €2.55 as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Sun Communities and its competitors.
Is Sun Communities' Cyclically Adjusted FCF per Share too high?
Sun Communities' current Cyclically Adjusted FCF per Share is €2.55. Overall, Sun Communities has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sun Communities' Cyclically Adjusted FCF per Share compare to MAA and INVH?
Sun Communities' Cyclically Adjusted FCF per Share of €2.55 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a REITs company?
A good Cyclically Adjusted FCF per Share depends on the REITs industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Sun Communities and its competitors. Sun Communities's current Cyclically Adjusted FCF per Share is €2.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sun Communities stock overvalued right now?
Based on GuruFocus' analysis, Sun Communities (STU:SCZ) is currently considered Fairly Valued. The stock's GF Value™ is €107.42, compared to a current price of €101.00 — trading 6% below its estimated fair value. The current Cyclically Adjusted FCF per Share is €2.55. Sun Communities' overall GF Score™ is 68/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Sun Communities (STU:SCZ), the current Cyclically Adjusted FCF per Share is €2.55 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sun Communities (STU:SCZ) Overvalued in 2026?

Based on GuruFocus' analysis, Sun Communities stock appears to be undervalued. The current stock price of €101.00 is trading 6% below its estimated GF Value™ of €107.42. GuruFocus considers Sun Communities to be Fairly Valued.

Key valuation signals for STU:SCZ:

  • Cyclically Adjusted FCF per Share: €2.55
  • GF Value™: €107.42 vs. price of €101.00 (6% below fair value)
  • GF Score™: 68/100 with 7 warning signs

No single metric tells the full story. See the STU:SCZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sun Communities Business Description

Industry Real EstateREITs
Address 27777 Franklin Road, Suite 300, Southfield, MI, USA, 48034
Sun Communities is a residential REIT that focuses on owning manufactured housing and residential vehicle communities. The company currently owns a portfolio of 513 properties, which includes 347 manufactured housing communities and 166 residential vehicle communities. Sun targets owning properties that are desirable as second homes or vacation properties, with nearly 50% of the portfolio located in either Florida or Michigan near major bodies of water.
68GF Score

Get the complete analysis for STU:SCZ

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€101.00
Price
€107.42
GF Value