MID-AMERICA APARTMEN

MAA
Delayed Quote. Delayed  - 08/10 04:03:39 pm
184.74USD +1.90%
Valuation
Fiscal Period: December 2021 2022
Capitalization1 26 41721 326
Enterprise Value (EV)1 30 88025 683
P/E ratio 49,8x38,6x
Yield 1,81%2,50%
Capitalization / Revenue 14,9x10,7x
EV / Revenue 17,4x12,9x
EV / EBITDA 30,5x21,8x
Price to Book -3,82x
Nbr of stocks (in thousands) 115 138115 439
Reference price (USD) 229185
Announcement Date 02/02/2022-
Previous period Next period
1 USD in Million
Estimates
Income Statement Evolution
Annual Income Statement Data
Fiscal Period: December 2021 2022
Net sales1 1 7781 987
EBITDA1 1 0131 176
Operating profit (EBIT)1 465615
Operating Margin 26,1%31,0%
Pre-Tax Profit (EBT)1 563433
Net income1 530557
Net margin 29,8%28,0%
EPS2 4,614,79
Dividend per Share2 4,164,62
Announcement Date 02/02/2022-
Previous period Next period
1 USD in Million
2 USD
Estimates
Finances - Leverage
Fiscal Period: December 2021 2022
Net Debt1 4 4624 357
Net Cash position1 --
Leverage (Debt / EBITDA) 4,41x3,71x
Free Cash Flow --
ROE (Net Profit / Equities) 8,58%7,30%
Shareholders' equity1 6 1787 623
ROA (Net Profit / Asset) --
Assets1 --
Book Value Per Share2 -48,3
Cash Flow per Share2 -9,87
Capex --
Capex / Sales --
Announcement Date 02/02/2022-
Previous period Next period
1 USD in Million
2 USD
Estimates
Financial Ratios
Size 2022e 2023e
Capitalization 21 326 M $ -
Enterprise Value (EV) 25 683 M $ 25 476 M $
Valuation 2022e 2023e
P/E ratio (Price / EPS) 38,6x 42,2x
Capitalization / Revenue 10,7x 10,1x
EV / Revenue 12,9x 12,1x
EV / EBITDA 21,8x 20,5x
Yield (DPS / Price) 2,50% 2,68%
Price to book (Price / BVPS) 3,82x 3,96x
Profitability 2022e 2023e
Operating Margin (EBIT / Sales) 31,0% 33,5%
Operating Leverage (Delta EBIT / Delta Sales) 2,75x 2,32x
Net Margin (Net Profit / Revenue) 28,0% 24,9%
ROA (Net Profit / Asset) - -
ROE (Net Profit / Equities) 7,30% 9,02%
Rate of Dividend 96,5% 113%
Balance Sheet Analysis 2022e 2023e
CAPEX / Sales   0 0
Cash Flow / CA 57,4% 57,1%
Capital Intensity (Assets / Revenue) - -
Financial Leverage (Net Debt / EBITDA) 3,71x 3,31x
Price Earning Ratio
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
EPS & Dividend