WallStSmart

Equity Residential (EQR)vsSun Communities Inc (SUI)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Equity Residential generates 34% more annual revenue ($3.13B vs $2.33B). EQR leads profitability with a 28.0% profit margin vs -37.4%. EQR appears more attractively valued with a PEG of 8.15. EQR earns a higher WallStSmart Score of 49/100 (D+).

EQR

Hold

49

out of 100

Grade: D+

Growth: 3.3Profit: 7.5Value: 4.0Quality: 4.5
Piotroski: 4/9Altman Z: 1.11

SUI

Hold

40

out of 100

Grade: F

Growth: 2.7Profit: 4.0Value: 4.7Quality: 6.0
Piotroski: 5/9Altman Z: 0.56
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

EQROvervalued (-8.6%)

Margin of Safety

-8.6%

Fair Value

$59.55

Current Price

$63.66

$4.11 premium

UndervaluedFair: $59.55Overvalued
SUIUndervalued (+39.1%)

Margin of Safety

+39.1%

Fair Value

$210.05

Current Price

$123.19

$86.86 discount

UndervaluedFair: $210.05Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

EQR3 strengths · Avg: 8.3/10
Profit MarginProfitability
28.0%9/10

Keeps 28 of every $100 in revenue as profit

Price/BookValuation
2.3x8/10

Reasonable price relative to book value

Operating MarginProfitability
27.9%8/10

Strong operational efficiency at 27.9%

SUI2 strengths · Avg: 8.0/10
Price/BookValuation
2.7x8/10

Reasonable price relative to book value

Operating MarginProfitability
23.2%8/10

Strong operational efficiency at 23.2%

Areas to Watch

EQR4 concerns · Avg: 3.0/10
P/E RatioValuation
28.7x4/10

Moderate valuation

Revenue GrowthGrowth
2.1%4/10

2.1% revenue growth

PEG RatioValuation
8.152/10

Expensive relative to growth rate

EPS GrowthGrowth
-39.9%2/10

Earnings declined 39.9%

SUI4 concerns · Avg: 2.5/10
Revenue GrowthGrowth
0.2%4/10

0.2% revenue growth

PEG RatioValuation
8.162/10

Expensive relative to growth rate

P/E RatioValuation
157.9x2/10

Premium valuation, high expectations priced in

Return on EquityProfitability
-15.6%2/10

ROE of -15.6% — below average capital efficiency

Comparative Analysis Report

WallStSmart Research

Bull Case : EQR

The strongest argument for EQR centers on Profit Margin, Price/Book, Operating Margin. Profitability is solid with margins at 28.0% and operating margin at 27.9%.

Bull Case : SUI

The strongest argument for SUI centers on Price/Book, Operating Margin.

Bear Case : EQR

The primary concerns for EQR are P/E Ratio, Revenue Growth, PEG Ratio.

Bear Case : SUI

The primary concerns for SUI are Revenue Growth, PEG Ratio, P/E Ratio. A P/E of 157.9x leaves little room for execution misses.

Key Dynamics to Monitor

EQR profiles as a value stock while SUI is a turnaround play — different risk/reward profiles.

SUI carries more volatility with a beta of 0.77 — expect wider price swings.

EQR is growing revenue faster at 2.1% — sustainability is the question.

SUI generates stronger free cash flow (206M), providing more financial flexibility.

Bottom Line

EQR scores higher overall (49/100 vs 40/100), backed by strong 28.0% margins. SUI offers better value entry with a 39.1% 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.

Equity Residential

REAL ESTATE · REIT - RESIDENTIAL · USA

Equity Residential is a publicly traded real estate investment trust that invests in apartments.

Sun Communities Inc

REAL ESTATE · REIT - RESIDENTIAL · USA

Sun Communities Inc. (SUI) is a prominent real estate investment trust (REIT) specializing in acquiring, developing, and managing a diverse array of manufactured housing and recreational vehicle (RV) communities throughout the U.S. and Canada. With a robust portfolio of over 600 properties, the company emphasizes long-term value creation by generating consistent rental income and enhancing tenant experiences. Sun Communities is dedicated to sustainability and responsible land use, positioning itself as a strong contender in the burgeoning affordable housing market, appealing to institutional investors looking for stability and growth in their portfolios.

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