Sun Communities (FRA:SCZ) EBIT: €134 Mil (TTM As of Mar. 2026)


FRA:SCZ Sun Communities Inc FRA:SCZ
70 GF Score
Price €104.00
GF Value €115.27
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Sun Communities EBIT?

Sun Communities FRA:SCZ -0.95% 70 EBIT is €134 Mil as of Mar. 2026. GuruFocus rates FRA:SCZ with a GF Score™ of 70/100 and a GF Value™ of €115.27 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Sun Communities's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €35 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €134 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sun Communities's annualized ROC % for the quarter that ended in Mar. 2026 was 0.00%. Sun Communities's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sun Communities's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 0.82%.


Sun Communities  (FRA:SCZ) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Sun Communities's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=191.336 * ( 1 - 100% )/( (9927.323 + 10104.325)/ 2 )
=0/10015.824
=0.00 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=10694.557 - 306.757 - ( 543.229 - max(0, 525.295 - 985.772+543.229))
=9927.323

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=10690.362 - 344.097 - ( 429.905 - max(0, 626.952 - 868.892+429.905))
=10104.325

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Sun Communities's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=139.092/( ( (0 + max(-403.258, 0)) + (0 + max(-512.08, 0)) )/ 2 )
=139.092/( ( 0 + 0 )/ 2 )
=139.092/0
= %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 122.037 + 0) - (306.757 + 218.539 + -0.00100000000009)
=-403.258

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 114.872 + 0) - (344.097 + 282.855 + 0)
=-512.08

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Sun Communities's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=133.576/16267.270
=0.82 %

* 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 EBIT Related Terms


Sun Communities EBIT Historical Data

* Premium members only.

The historical data trend for Sun Communities's EBIT 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 EBIT Chart

Sun Communities Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 511.44 475.68 26.04 331.58 147.23

Sun Communities Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT 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 51.52 -52.02 33.65 117.17 34.77

FRA:SCZ vs MAA, INVH, ESS: EBIT Comparison

For the REIT - Residential subindustry, Sun Communities's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs REITs Industry

For the REITs industry and Real Estate sector, Sun Communities's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Sun Communities's EV-to-EBIT falls into.


FRA:SCZ
70GF Score
Sun Communities Inc FRA:SCZ
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sun Communities EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €134 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €134 Mil mean?
Sun Communities (FRA:SCZ) has a EBIT of €134 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Sun Communities.
Is Sun Communities' EBIT too high?
Sun Communities' current EBIT is €134 Mil. Overall, Sun Communities has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sun Communities' EBIT compare to MAA and INVH?
Sun Communities' EBIT of €134 Mil 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 EBIT for a REITs company?
A good EBIT depends on the REITs industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Sun Communities. Sun Communities's current EBIT is €134 Mil. 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 (FRA:SCZ) is currently considered Modestly Undervalued. The stock's GF Value™ is €115.27, compared to a current price of €104.00 — trading 9.8% below its estimated fair value. The current EBIT is €134 Mil. Sun Communities' overall GF Score™ is 70/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Sun Communities (FRA:SCZ), the current EBIT is €134 Mil as of Mar. 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 (FRA:SCZ) Overvalued in 2026?

Based on GuruFocus' analysis, Sun Communities stock appears to be undervalued. The current stock price of €104.00 is trading 9.8% below its estimated GF Value™ of €115.27. GuruFocus considers Sun Communities to be Modestly Undervalued.

Key valuation signals for FRA:SCZ:

  • EBIT: €134 Mil
  • GF Value™: €115.27 vs. price of €104.00 (9.8% below fair value)
  • GF Score™: 70/100 with 6 warning signs

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


Sun Communities Business Description

Industry Real EstateREITs
Other Exchanges SUI:USAS2UI34:Brazil
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.
70GF Score

Get the complete analysis for FRA:SCZ

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€104.00
Price
€115.27
GF Value