UMH PROPERTIES INC (UMH) Stock Fundamental Analysis
USA - NYSE:UMH - US9030021037 - REIT
15.11 USD
-0.07 (-0.46%)
15.5 USD
+0.39 (+2.58%)
Taking everything into account, UMH scores 4 out of 10 in our fundamental rating. UMH was compared to 20 industry peers in the Residential REITs industry. UMH scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. UMH is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
UMH had positive earnings in the past year.
In the past year UMH had a positive cash flow from operations.
In multiple years UMH reported negative net income over the last 5 years.
UMH had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
With a Return On Assets value of 0.40%, UMH is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
UMH's Return On Equity of 0.70% is on the low side compared to the rest of the industry. UMH is outperformed by 60.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 2.30%, UMH is in line with its industry, outperforming 45.00% of the companies in the same industry.
UMH had an Average Return On Invested Capital over the past 3 years of 2.11%. This is in line with the industry average of 2.60%.
The 3 year average ROIC (2.11%) for UMH is below the current ROIC(2.30%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.4% | ||
| ROE | 0.7% | ||
| ROIC | 2.3% |
ROA(3y)-1.05%
ROA(5y)-0.84%
ROE(3y)-2.53%
ROE(5y)-2.13%
ROIC(3y)2.11%
ROIC(5y)2.12%
1.3 Margins
Looking at the Profit Margin, with a value of 2.53%, UMH is doing worse than 65.00% of the companies in the same industry.
UMH's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 18.11%, UMH is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of UMH has grown nicely.
UMH's Gross Margin of 54.84% is on the low side compared to the rest of the industry. UMH is outperformed by 75.00% of its industry peers.
In the last couple of years the Gross Margin of UMH has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.11% | ||
| PM (TTM) | 2.53% | ||
| GM | 54.84% |
OM growth 3Y-0.39%
OM growth 5Y5.7%
PM growth 3Y-55.15%
PM growth 5Y-10.34%
GM growth 3Y1.2%
GM growth 5Y2.16%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), UMH is destroying value.
The number of shares outstanding for UMH has been increased compared to 1 year ago.
Compared to 5 years ago, UMH has more shares outstanding
The debt/assets ratio for UMH has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.36, we must say that UMH is in the distress zone and has some risk of bankruptcy.
UMH has a better Altman-Z score (1.36) than 65.00% of its industry peers.
UMH has a Debt/Equity ratio of 0.73. This is a neutral value indicating UMH is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.73, UMH is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.36 |
ROIC/WACC0.32
WACC7.07%
2.3 Liquidity
A Current Ratio of 2.49 indicates that UMH has no problem at all paying its short term obligations.
With an excellent Current ratio value of 2.49, UMH belongs to the best of the industry, outperforming 90.00% of the companies in the same industry.
UMH has a Quick Ratio of 1.32. This is a normal value and indicates that UMH is financially healthy and should not expect problems in meeting its short term obligations.
UMH has a better Quick ratio (1.32) than 85.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.49 | ||
| Quick Ratio | 1.32 |
3. Growth
3.1 Past
The earnings per share for UMH have decreased strongly by -38.19% in the last year.
Measured over the past years, UMH shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -12.74% on average per year.
The Revenue has grown by 8.91% in the past year. This is quite good.
The Revenue has been growing by 10.41% on average over the past years. This is quite good.
EPS 1Y (TTM)-38.19%
EPS 3Y-58.99%
EPS 5Y-12.74%
EPS Q2Q%-54.55%
Revenue 1Y (TTM)8.91%
Revenue growth 3Y8.93%
Revenue growth 5Y10.41%
Sales Q2Q%10.3%
3.2 Future
Based on estimates for the next years, UMH will show a very strong growth in Earnings Per Share. The EPS will grow by 115.33% on average per year.
Based on estimates for the next years, UMH will show a small growth in Revenue. The Revenue will grow by 1.83% on average per year.
EPS Next Y332.62%
EPS Next 2Y171.04%
EPS Next 3Y115.33%
EPS Next 5YN/A
Revenue Next Year10.57%
Revenue Next 2Y8.95%
Revenue Next 3Y1.83%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 188.88, UMH can be considered very expensive at the moment.
UMH's Price/Earnings ratio is a bit more expensive when compared to the industry. UMH is more expensive than 60.00% of the companies in the same industry.
UMH is valuated expensively when we compare the Price/Earnings ratio to 25.89, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 67.77, which means the current valuation is very expensive for UMH.
Compared to the rest of the industry, the Price/Forward Earnings ratio of UMH is on the same level as its industry peers.
UMH's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 34.59.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 188.88 | ||
| Fwd PE | 67.77 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of UMH is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 17.29 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as UMH's earnings are expected to grow with 115.33% in the coming years.
PEG (NY)0.57
PEG (5Y)N/A
EPS Next 2Y171.04%
EPS Next 3Y115.33%
5. Dividend
5.1 Amount
UMH has a Yearly Dividend Yield of 5.93%, which is a nice return.
UMH's Dividend Yield is a higher than the industry average which is at 7.22.
UMH's Dividend Yield is rather good when compared to the S&P500 average which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.93% |
5.2 History
The dividend of UMH decreases each year by -2.41%.
UMH has paid a dividend for at least 10 years, which is a reliable track record.
UMH has decreased its dividend recently.
Dividend Growth(5Y)-2.41%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
UMH pays out 1379.89% of its income as dividend. This is not a sustainable payout ratio.
DP1379.89%
EPS Next 2Y171.04%
EPS Next 3Y115.33%
15.11
-0.07 (-0.46%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)
Earnings (Next)
Inst Owners84.05%
Inst Owner Change-2.24%
Ins Owners5.58%
Ins Owner Change-2.36%
Market Cap1.28B
Revenue(TTM)256.66M
Net Income(TTM)6.50M
Analysts77.14
Price Target19.49 (28.99%)
Short Float %3.82%
Short Ratio4.22
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.93% |
Yearly Dividend1.04
Dividend Growth(5Y)-2.41%
DP1379.89%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-11.9%
Min EPS beat(2)-19%
Max EPS beat(2)-4.8%
EPS beat(4)0
Avg EPS beat(4)-55.7%
Min EPS beat(4)-100%
Max EPS beat(4)-4.8%
EPS beat(8)3
Avg EPS beat(8)590.38%
EPS beat(12)4
Avg EPS beat(12)257.19%
EPS beat(16)5
Avg EPS beat(16)168.47%
Revenue beat(2)1
Avg Revenue beat(2)-1.77%
Min Revenue beat(2)-3.56%
Max Revenue beat(2)0.02%
Revenue beat(4)1
Avg Revenue beat(4)-1.63%
Min Revenue beat(4)-3.56%
Max Revenue beat(4)0.02%
Revenue beat(8)3
Avg Revenue beat(8)-0.94%
Revenue beat(12)4
Avg Revenue beat(12)-1.11%
Revenue beat(16)6
Avg Revenue beat(16)-0.24%
PT rev (1m)-3.23%
PT rev (3m)-8.17%
EPS NQ rev (1m)0%
EPS NQ rev (3m)7.59%
EPS NY rev (1m)-1.89%
EPS NY rev (3m)-7.14%
Revenue NQ rev (1m)-0.14%
Revenue NQ rev (3m)1.62%
Revenue NY rev (1m)3.45%
Revenue NY rev (3m)4.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 188.88 | ||
| Fwd PE | 67.77 | ||
| P/S | 5 | ||
| P/FCF | N/A | ||
| P/OCF | 14.6 | ||
| P/B | 1.39 | ||
| P/tB | 1.39 | ||
| EV/EBITDA | 17.29 |
EPS(TTM)0.08
EY0.53%
EPS(NY)0.22
Fwd EY1.48%
FCF(TTM)-0.94
FCFYN/A
OCF(TTM)1.04
OCFY6.85%
SpS3.02
BVpS10.89
TBVpS10.89
PEG (NY)0.57
PEG (5Y)N/A
Graham Number4.43
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.4% | ||
| ROE | 0.7% | ||
| ROCE | 2.91% | ||
| ROIC | 2.3% | ||
| ROICexc | 2.35% | ||
| ROICexgc | 2.47% | ||
| OM | 18.11% | ||
| PM (TTM) | 2.53% | ||
| GM | 54.84% | ||
| FCFM | N/A |
ROA(3y)-1.05%
ROA(5y)-0.84%
ROE(3y)-2.53%
ROE(5y)-2.13%
ROIC(3y)2.11%
ROIC(5y)2.12%
ROICexc(3y)2.21%
ROICexc(5y)2.23%
ROICexgc(3y)2.26%
ROICexgc(5y)2.28%
ROCE(3y)2.67%
ROCE(5y)2.68%
ROICexgc growth 3Y0.28%
ROICexgc growth 5Y8.69%
ROICexc growth 3Y0.15%
ROICexc growth 5Y8.44%
OM growth 3Y-0.39%
OM growth 5Y5.7%
PM growth 3Y-55.15%
PM growth 5Y-10.34%
GM growth 3Y1.2%
GM growth 5Y2.16%
F-Score5
Asset Turnover0.16
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.03 | ||
| Cap/Depr | 257.63% | ||
| Cap/Sales | 65.26% | ||
| Interest Coverage | 1.52 | ||
| Cash Conversion | 78.84% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.49 | ||
| Quick Ratio | 1.32 | ||
| Altman-Z | 1.36 |
F-Score5
WACC7.07%
ROIC/WACC0.32
Cap/Depr(3y)248.65%
Cap/Depr(5y)235.57%
Cap/Sales(3y)62.34%
Cap/Sales(5y)58.95%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-38.19%
EPS 3Y-58.99%
EPS 5Y-12.74%
EPS Q2Q%-54.55%
EPS Next Y332.62%
EPS Next 2Y171.04%
EPS Next 3Y115.33%
EPS Next 5YN/A
Revenue 1Y (TTM)8.91%
Revenue growth 3Y8.93%
Revenue growth 5Y10.41%
Sales Q2Q%10.3%
Revenue Next Year10.57%
Revenue Next 2Y8.95%
Revenue Next 3Y1.83%
Revenue Next 5YN/A
EBIT growth 1Y7.79%
EBIT growth 3Y8.5%
EBIT growth 5Y16.71%
EBIT Next Year184.62%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y15.07%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y13.79%
OCF growth 3Y7.79%
OCF growth 5Y16.2%
UMH PROPERTIES INC / UMH FAQ
What is the fundamental rating for UMH stock?
ChartMill assigns a fundamental rating of 4 / 10 to UMH.
What is the valuation status of UMH PROPERTIES INC (UMH) stock?
ChartMill assigns a valuation rating of 2 / 10 to UMH PROPERTIES INC (UMH). This can be considered as Overvalued.
Can you provide the profitability details for UMH PROPERTIES INC?
UMH PROPERTIES INC (UMH) has a profitability rating of 3 / 10.
What is the valuation of UMH PROPERTIES INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for UMH PROPERTIES INC (UMH) is 188.88 and the Price/Book (PB) ratio is 1.39.
Can you provide the expected EPS growth for UMH stock?
The Earnings per Share (EPS) of UMH PROPERTIES INC (UMH) is expected to grow by 332.62% in the next year.