Is Sun Communities, Inc. overvalued or undervalued?

As of 5 May 2025, the valuation grade for Sun Communities, Inc. has moved from expensive to fair. The company is currently fairly valued based on its financial metrics. Key ratios include a P/E ratio of 43, an EV to EBITDA of 13.60, and a PEG ratio of 0.50, which suggests a favorable growth outlook relative to its price.
In comparison to peers, Sun Communities, Inc. has a P/E ratio of 42.35, which is significantly lower than Iron Mountain, Inc. at 108.22 and Ventas, Inc. at 338.55, indicating that Sun Communities may be a more attractive investment in its sector. Additionally, the company's dividend yield stands at an impressive 224.86%, further enhancing its appeal. Despite recent stock performance trailing the S&P 500 over longer periods, the recent one-week return of 3.91% compared to a slight decline in the S&P 500 reinforces its current valuation status.