SUI (Sun Communities) Intrinsic Value: Projected FCF: $94.31 (As of Aug. 20, 2026) — 4787% Above Median

Author: Vera Yuan Vera Yuan
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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.
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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.

SUI Sun Communities Inc SUI
66 GF Score
Price $122.29
GF Value $126.19
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Sun Communities Intrinsic Value: Projected FCF?

Sun Communities SUI +0.19% 66 Intrinsic Value: Projected FCF is $94.31 as of Aug. 20, 2026, which is 4787% above its 10-year median of 1.93. GuruFocus rates SUI with a GF Score™ of 66/100 and a GF Value™ of $126.19 (Fairly Valued). The stock has 7 warning signs investors should review. Among 613 REITs companies, Sun Communities ranks worse than 84.83% on this metric.

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2026-08-20), Sun Communities's Intrinsic Value: Projected FCF is $94.31. The stock price of Sun Communities is $122.29. Therefore, Sun Communities's Price-to-Intrinsic-Value-Projected-FCF of today is 1.3.

The historical rank and industry rank for Sun Communities's Intrinsic Value: Projected FCF or its related term are showing as below:

SUI' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.04   Med: 1.93   Max: 2.54
Current: 1.3

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Sun Communities was 2.54. The lowest was 1.04. And the median was 1.93.

SUI's Price-to-Projected-FCF is ranked worse than
84.83% of 613 companies
in the REITs industry
Industry Median: 0.66 vs SUI: 1.30

Sun Communities  (NYSE:SUI) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Sun Communities's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=122.29/94.308986489902
=1.30

* 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 Intrinsic Value: Projected FCF Related Terms


Sun Communities Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Sun Communities's Intrinsic Value: Projected FCF 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 Intrinsic Value: Projected FCF Chart

Sun Communities Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 86.49 107.68 91.22 93.55 102.70

Sun Communities Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Intrinsic Value: Projected FCF 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 101.81 101.47 102.70 101.51 94.31

SUI vs MAA, UDR, ELS: Intrinsic Value: Projected FCF Comparison

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

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

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


SUI
66GF Score
Sun Communities Inc SUI
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sun Communities Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Sun Communities's Free Cash Flow(6 year avg) = $794.27.

Sun Communities's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Jun26)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*794.26912+5519.4*0.8)/127.000
=94.31

* 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.

What does a Intrinsic Value: Projected FCF of $94.31 mean?
Sun Communities (SUI) has a Intrinsic Value: Projected FCF of $94.31 as of Aug. 20, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Sun Communities and its competitors. This is 4787% above median its historical median of 1.93. Over the past decade, Sun Communities' Intrinsic Value: Projected FCF has ranged from 1.04 to 2.54. According to the industry distribution chart, Sun Communities ranks #520 out of 613 companies in the REITs industry, placing it in the top 84.8%.
Is Sun Communities' Intrinsic Value: Projected FCF too high?
Sun Communities' current Intrinsic Value: Projected FCF of $94.31 is 4787% above median its 10-year median of 1.93. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 2.54. The REITs industry median Intrinsic Value: Projected FCF is 0.66. Sun Communities' value of $94.31 is 14189.4% above this industry median. Based on the distribution chart, Sun Communities ranks #520 out of 613 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Sun Communities has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sun Communities' Intrinsic Value: Projected FCF compare to MAA and UDR?
According to the REITs industry distribution chart, Sun Communities ranks #520 out of 613 companies for Intrinsic Value: Projected FCF. This places Sun Communities in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 0.66. Sun Communities' value of $94.31 is 14189.4% above this benchmark. Historically, Sun Communities' own Intrinsic Value: Projected FCF has ranged from 1.04 to 2.54 over the past decade. While the company's 10-year median is 1.93 vs. the industry median of 0.66, Sun Communities has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a REITs company?
The median Intrinsic Value: Projected FCF among REITs companies is 0.66, based on 613 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sun Communities's current Intrinsic Value: Projected FCF of $94.31 is 14189.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Sun Communities and its competitors. For the REITs industry, the median Intrinsic Value: Projected FCF is 0.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sun Communities's current Intrinsic Value: Projected FCF is $94.31, which is 4787% above median its own 10-year median of 1.93. 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 (SUI) is currently considered Fairly Valued. The stock's GF Value™ is $126.19, compared to a current price of $122.29 — trading 3.1% below its estimated fair value. The current Intrinsic Value: Projected FCF is $94.31, which is 4787% above median its 10-year median of 1.93 and 14189.4% above the REITs industry median of 0.66. Sun Communities' overall GF Score™ is 66/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Sun Communities (SUI), the current Intrinsic Value: Projected FCF is $94.31 as of Aug. 20, 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 (SUI) Overvalued in 2026?

Based on GuruFocus' analysis, Sun Communities stock appears to be undervalued. The current stock price of $122.29 is trading 3.1% below its estimated GF Value™ of $126.19. GuruFocus considers Sun Communities to be Fairly Valued.

Key valuation signals for SUI:

  • Intrinsic Value: Projected FCF: $94.31 (4787% above median its 10-year median of 1.93)
  • GF Value™: $126.19 vs. price of $122.29 (3.1% below fair value)
  • GF Score™: 66/100 with 7 warning signs
  • Industry Position: 14189.4% above the REITs median (#520 of 613)

No single metric tells the full story. See the SUI 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 SCZ:GermanyS2UI34: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.
66GF Score

Get the complete analysis for SUI

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

$122.29
Price
$126.19
GF Value