Projected Income Statement: Mid-America Apartment Communities, Inc.

Forecast Balance Sheet: Mid-America Apartment Communities, Inc.

Forecast Balance Sheet - Mid-America Apartment Communities, Inc.
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 4,462 4,376 4,499 4,938 5,345 5,751 5,941 6,197
Change - -1.93% 2.81% 9.76% 8.24% 7.59% 3.3% 4.31%
Announcement Date 02/02/22 01/02/23 07/02/24 05/02/25 04/02/26 - - -
1USD in Million
Estimates

Cash Flow Forecast: Mid-America Apartment Communities, Inc.

Fiscal Period: December 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 271.4 223.5 937.3 765.7 352.1 340.5 346.4
Change - -17.68% 319.48% -18.31% -54.02% -3.29% 1.75%
Free Cash Flow (FCF) 1 787.1 913.7 - - - - -
Change - 16.1% - - - - -
Announcement Date 01/02/23 07/02/24 05/02/25 04/02/26 - - -
1USD in Million
Estimates

Forecast Financial Ratios: Mid-America Apartment Communities, Inc.

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 56.96% 58.31% 58.73% 56.92% 56.44% 56.15% 55.74% 51.43%
EBIT Margin (%) 26.14% 31.13% 32.06% 29.97% 28.04% 26.53% 26.47% 27.53%
EBT Margin (%) 31.67% 32.03% 26.57% 24.87% 20.78% 19.76% 15.7% 15.55%
Net margin (%) 29.81% 31.38% 25.56% 23.91% 20.06% 19.43% 15.57% 15.59%
FCF margin (%) - 38.97% 42.53% - - - - -
FCF / Net Income (%) - 124.19% 166.4% - - - - -

Profitability

        
ROA - - 4.83% 4.5% 3.73% 3.58% 2.99% 3.2%
ROE 8.58% 10.59% 9.08% 8.7% 8.47% 7.39% 7.16% 7.36%

Financial Health

        
Leverage (Debt/EBITDA) 4.41x 3.72x 3.57x 3.96x 4.29x 4.6x 4.67x 5.07x
Debt / Free cash flow - 5.56x 4.92x - - - - -

Capital Intensity

        
CAPEX / Current Assets (%) - 13.44% 10.4% 42.78% 34.66% 15.81% 14.93% 14.59%
CAPEX / EBITDA (%) - 23.05% 17.71% 75.16% 61.41% 28.15% 26.78% 28.37%
CAPEX / FCF (%) - 34.49% 24.45% - - - - -

Items per share

        
Cash flow per share 1 - 8.923 9.749 9.158 8.985 8.54 8.656 8.787
Change - - 9.25% -6.06% -1.89% -4.95% 1.35% 1.51%
Dividend per Share 1 4.162 4.675 5.67 5.925 6.075 6.135 6.261 5.978
Change - 12.31% 21.28% 4.5% 2.53% 0.99% 2.06% -4.53%
Book Value Per Share 1 - 52 50.85 49.54 47.26 44.3 40.63 37.13
Change - - -2.21% -2.59% -4.59% -6.27% -8.28% -8.61%
EPS 1 4.61 5.48 4.71 4.49 3.78 3.653 3.085 3.213
Change - 18.87% -14.05% -4.67% -15.81% -3.37% -15.53% 4.15%
Nbr of stocks (in thousands) 115,138 115,477 116,688 116,880 117,082 115,993 115,993 115,993
Announcement Date 02/02/22 01/02/23 07/02/24 05/02/25 04/02/26 - - -
1USD
Estimates
2026 *2027 *
P/E 32.4x 38.3x
PBR 2.67x 2.91x
EV / Sales 8.74x 8.62x
Yield 5.19% 5.29%

EPS & Dividend

EPS & Dividend - Mid-America Apartment Communities, Inc.


Y-o-Y evolution of P/E

Valuation ratios - P/E - Mid-America Apartment Communities, Inc.
 

Year-on-year evolution of the Yield

Valuation ratios - Yield - Mid-America Apartment Communities, Inc.
Trader
Investor
Global
Quality
ESG MSCI
BBB
MarketScreener Ratings - Mid-America Apartment Communities, Inc.
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
26
Last Close Price
118.26USD
Average target price
135.40USD
Spread / Average Target
+14.49%

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - Mid-America Apartment Communities, Inc.
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  4. Financials Mid-America Apartment Communities, Inc.