Discounted Cash Flow (DCF) Analysis Levered

Sun Communities, Inc. (SUI)

$127.665

-0.58 (-0.46%)
Financial Summary
Financial Statements
Quarter Financials
Chart
Financial Ratios
Profile
Historical Data
DCFDCF Levered
All numbers are in Millions, Currency in USD
Stock DCF: -7,555,425.82 | 127.665 | overvalue

Free Cash Flow

Year
A/P
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Projected
2024
Projected
2025
Projected
2026
Projected
2027
Projected
2028
Projected
Revenue 1,264.041,388.232,260.37-34,900147,899.65-626,770.942,656,137.56-11,256,212.2947,701,714.31-202,150,909.27
Revenue (%)
Operating Cash Flow 476.73548.95753.57734.9040,114.43-169,997.40720,417.07-3,052,992.2912,938,008.13-54,828,849.36
Operating Cash Flow (%)
Capital Expenditure ----------
Capital Expenditure (%)
Free Cash Flow ----40,114.43-169,997.40720,417.07-3,052,992.2912,938,008.13-54,828,849.36

Weighted Average Cost Of Capital

Share price $ 127.665
Beta 0.717
Diluted Shares Outstanding 118.07
Cost of Debt
Tax Rate 0.00
After-tax Cost of Debt 5.00%
Risk-Free Rate
Market Risk Premium
Cost of Equity 7.084
Total Debt 3,386.40
Total Equity 15,073.66
Total Capital 18,460.06
Debt Weighting 18.34
Equity Weighting 81.66
Wacc

Build Up Free Cash Flow

Year
A/P
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Projected
2024
Projected
2025
Projected
2026
Projected
2027
Projected
2028
Projected
Revenue 1,264.041,388.232,260.37-34,900147,899.65-626,770.942,656,137.56-11,256,212.2947,701,714.31-202,150,909.27
Operating Cash Flow 476.73548.95753.57734.9040,114.43-169,997.40720,417.07-3,052,992.2912,938,008.13-54,828,849.36
Capital Expenditure ----------
Free Cash Flow ----40,114.43-169,997.40720,417.07-3,052,992.2912,938,008.13-54,828,849.36
WACC
PV LFCF 40,114.43-159,322.78632,783.52-2,513,231.249,981,820.18-39,644,873.34
SUM PV LFCF -31,702,823.66

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 6.70
Free cash flow (t + 1) -55,925,426.34
Terminal Value -1,189,902,688.17
Present Value of Terminal Value -860,378,102.34

Intrinsic Value

Enterprise Value -892,080,926
Net Debt 3,311.60
Equity Value -892,084,237.60
Shares Outstanding 118.07
Equity Value Per Share -7,555,425.82