Equity Lifestyle Properties (FRA:MHV) Enterprise Value: €13,831 Mil (As of Aug. 06, 2026) ***

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FRA:MHV Equity Lifestyle Properties Inc FRA:MHV
89 GF Score
Price €56.00
GF Value €59.02
Valuation Fairly Valued
! 2 Warning Signs
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What is Equity Lifestyle Properties Enterprise Value?

Equity Lifestyle Properties FRA:MHV 89 Enterprise Value is €13,831 Mil as of Aug. 06, 2026. GuruFocus rates FRA:MHV with a GF Score™ of 89/100 and a GF Value™ of €59.02 (Fairly Valued). The stock has 2 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Equity Lifestyle Properties's Enterprise Value is €13,831 Mil. Equity Lifestyle Properties's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €470 Mil. Therefore, Equity Lifestyle Properties's EV-to-EBIT ratio for today is 29.40.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Equity Lifestyle Properties's Enterprise Value is €13,831 Mil. Equity Lifestyle Properties's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was €657 Mil. Therefore, Equity Lifestyle Properties's EV-to-EBITDA ratio for today is 21.06.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Equity Lifestyle Properties's Enterprise Value is €13,831 Mil. Equity Lifestyle Properties's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 was €1,287 Mil. Therefore, Equity Lifestyle Properties's EV-to-Revenue ratio for today is 10.75.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Equity Lifestyle Properties's Enterprise Value is €13,831 Mil. Equity Lifestyle Properties's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was €507 Mil. Therefore, Equity Lifestyle Properties's EV-to-OCF ratio for today is 27.30.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Equity Lifestyle Properties's Enterprise Value is €13,831 Mil. Equity Lifestyle Properties's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was €299 Mil. Therefore, Equity Lifestyle Properties's EV-to-FCF ratio for today is 46.29.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Equity Lifestyle Properties  (FRA:MHV) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Equity Lifestyle Properties's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=13831.182/470.376
=29.40

Equity Lifestyle Properties's current Enterprise Value is €13,831 Mil.
Equity Lifestyle Properties's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €470 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Equity Lifestyle Properties's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=13831.182/656.772
=21.06

Equity Lifestyle Properties's current Enterprise Value is €13,831 Mil.
Equity Lifestyle Properties's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €657 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Equity Lifestyle Properties's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=13831.182/1286.992
=10.75

Equity Lifestyle Properties's current Enterprise Value is €13,831 Mil.
Equity Lifestyle Properties's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,287 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Equity Lifestyle Properties's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=13831.182/506.614
=27.30

Equity Lifestyle Properties's current Enterprise Value is €13,831 Mil.
Equity Lifestyle Properties's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €507 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Equity Lifestyle Properties's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=13831.182/298.785
=46.29

Equity Lifestyle Properties's current Enterprise Value is €13,831 Mil.
Equity Lifestyle Properties's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €299 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.


Equity Lifestyle Properties Enterprise Value Related Terms


Equity Lifestyle Properties Enterprise Value Historical Data

* Premium members only.

The historical data trend for Equity Lifestyle Properties's Enterprise Value 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.

Equity Lifestyle Properties Enterprise Value Chart

Equity Lifestyle Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17,078.76 14,524.06 15,218.04 15,152.88 12,749.98

Equity Lifestyle Properties Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Enterprise Value 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 12,820.96 12,812.64 12,749.98 13,255.99 13,757.69

FRA:MHV vs UDR, AMH, CPT: Enterprise Value Comparison

For the REIT - Residential subindustry, Equity Lifestyle Properties's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


Equity Lifestyle Properties Enterprise Value vs REITs Industry

For the REITs industry and Real Estate sector, Equity Lifestyle Properties's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Equity Lifestyle Properties's Enterprise Value falls into.


FRA:MHV
89GF Score
Equity Lifestyle Properties Inc FRA:MHV
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Equity Lifestyle Properties Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Equity Lifestyle Properties's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Equity Lifestyle Properties's Enterprise Value for the quarter that ended in Jun. 2026 is calculated as

* 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 Enterprise Value →
What does a Enterprise Value of €13,831 Mil mean?
Equity Lifestyle Properties (FRA:MHV) has a Enterprise Value of €13,831 Mil as of Aug. 06, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Equity Lifestyle Properties and its competitors.
Is Equity Lifestyle Properties' Enterprise Value too high?
Equity Lifestyle Properties' current Enterprise Value is €13,831 Mil. Overall, Equity Lifestyle Properties has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Equity Lifestyle Properties' Enterprise Value compare to UDR and AMH?
Equity Lifestyle Properties' Enterprise Value of €13,831 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 Enterprise Value for a REITs company?
A good Enterprise Value depends on the REITs industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Equity Lifestyle Properties and its competitors. Equity Lifestyle Properties's current Enterprise Value is €13,831 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equity Lifestyle Properties stock overvalued right now?
Based on GuruFocus' analysis, Equity Lifestyle Properties (FRA:MHV) is currently considered Fairly Valued. The stock's GF Value™ is €59.02, compared to a current price of €56.00 — trading 5.1% below its estimated fair value. The current Enterprise Value is €13,831 Mil. Equity Lifestyle Properties' overall GF Score™ is 89/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Equity Lifestyle Properties (FRA:MHV), the current Enterprise Value is €13,831 Mil as of Aug. 06, 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 Equity Lifestyle Properties (FRA:MHV) Overvalued in 2026?

Based on GuruFocus' analysis, Equity Lifestyle Properties stock appears to be undervalued. The current stock price of €56.00 is trading 5.1% below its estimated GF Value™ of €59.02. GuruFocus considers Equity Lifestyle Properties to be Fairly Valued.

Key valuation signals for FRA:MHV:

  • Enterprise Value: €13,831 Mil
  • GF Value™: €59.02 vs. price of €56.00 (5.1% below fair value)
  • GF Score™: 89/100 with 2 warning signs

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


Equity Lifestyle Properties Business Description

Industry Real EstateREITs
Other Exchanges ELS:USAE2LS34:Brazil
Address Two North Riverside Plaza, Suite 800, Chicago, IL, USA, 60606
Equity Lifestyle Properties is a residential REIT that focuses on owning manufactured housing, residential vehicle communities, and marinas. The company currently has a portfolio of 455 properties across the US with a higher concentration in the Sunbelt; 38% of the company's properties are in Florida, 12% in Arizona, and 8% in California. Equity Lifestyle targets owning properties in attractive retirement destinations. More than 70% of the company's properties are either age-restricted or have an average resident age over 55.
89GF Score

Get the complete analysis for FRA:MHV

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

€56.00
Price
€59.02
GF Value