UMH PROPERTIES INC (UMH) Stock Fundamental Analysis
USA - NYSE:UMH - US9030021037 - REIT
14.72 USD
0 (0%)
14.9 USD
+0.18 (+1.22%)
Overall UMH gets a fundamental rating of 5 out of 10. We evaluated UMH against 20 industry peers in the Residential REITs industry. UMH has an average financial health and profitability rating. While showing a medium growth rate, UMH is valued expensive at the moment.
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.
The reported net income has been mixed in the past 5 years: UMH reported negative net income in multiple years.
Of the past 5 years UMH 4 years had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 0.64%, UMH perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
UMH has a Return On Equity (1.12%) which is comparable to the rest of the industry.
Looking at the Return On Invested Capital, with a value of 2.23%, UMH is in line with its industry, outperforming 45.00% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for UMH is in line with the industry average of 2.59%.
The 3 year average ROIC (2.11%) for UMH is below the current ROIC(2.23%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.64% | ||
| ROE | 1.12% | ||
| ROIC | 2.23% |
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
UMH's Profit Margin of 4.18% is in line compared to the rest of the industry. UMH outperforms 45.00% of its industry peers.
In the last couple of years the Profit Margin of UMH has declined.
UMH has a Operating Margin (17.94%) which is in line with its industry peers.
UMH's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 54.84%, UMH is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of UMH has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.94% | ||
| PM (TTM) | 4.18% | ||
| 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
UMH has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for UMH has been increased compared to 1 year ago.
UMH has more shares outstanding than it did 5 years ago.
The debt/assets ratio for UMH has been reduced compared to a year ago.
2.2 Solvency
UMH has an Altman-Z score of 1.38. This is a bad value and indicates that UMH is not financially healthy and even has some risk of bankruptcy.
With a decent Altman-Z score value of 1.38, UMH is doing good in the industry, outperforming 65.00% of the companies in the same industry.
A Debt/Equity ratio of 0.71 indicates that UMH is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.71, UMH belongs to the top of the industry, outperforming 85.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.38 |
ROIC/WACC0.31
WACC7.08%
2.3 Liquidity
A Current Ratio of 3.96 indicates that UMH has no problem at all paying its short term obligations.
The Current ratio of UMH (3.96) is better than 95.00% of its industry peers.
UMH has a Quick Ratio of 2.72. This indicates that UMH is financially healthy and has no problem in meeting its short term obligations.
UMH has a Quick ratio of 2.72. This is amongst the best in the industry. UMH outperforms 95.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.96 | ||
| Quick Ratio | 2.72 |
3. Growth
3.1 Past
UMH shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 300.50%, which is quite impressive.
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.
UMH shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.39%.
Measured over the past years, UMH shows a quite strong growth in Revenue. The Revenue has been growing by 10.41% on average per year.
EPS 1Y (TTM)300.5%
EPS 3Y-58.99%
EPS 5Y-12.74%
EPS Q2Q%200%
Revenue 1Y (TTM)8.39%
Revenue growth 3Y8.93%
Revenue growth 5Y10.41%
Sales Q2Q%10.47%
3.2 Future
UMH is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 115.33% yearly.
UMH is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.03% yearly.
EPS Next Y340.94%
EPS Next 2Y173.23%
EPS Next 3Y115.33%
EPS Next 5YN/A
Revenue Next Year5.64%
Revenue Next 2Y5.48%
Revenue Next 3Y2.03%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 105.14, the valuation of UMH can be described as expensive.
UMH's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 27.67, UMH is valued quite expensively.
With a Price/Forward Earnings ratio of 64.97, UMH can be considered very expensive at the moment.
UMH's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of UMH to the average of the S&P500 Index (23.13), we can say UMH is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 105.14 | ||
| Fwd PE | 64.97 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of UMH indicates a rather cheap valuation: UMH is cheaper than 85.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 16.97 |
4.3 Compensation for Growth
UMH's 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)0.31
PEG (5Y)N/A
EPS Next 2Y173.23%
EPS Next 3Y115.33%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.13%, UMH is a good candidate for dividend investing.
UMH's Dividend Yield is a higher than the industry average which is at 6.33.
Compared to an average S&P500 Dividend Yield of 2.41, UMH pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.13% |
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.
The dividend of UMH decreased recently.
Dividend Growth(5Y)-2.41%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
823.85% of the earnings are spent on dividend by UMH. This is not a sustainable payout ratio.
DP823.85%
EPS Next 2Y173.23%
EPS Next 3Y115.33%
14.72
0 (0%)
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 Change4.78%
Ins Owners5.58%
Ins Owner Change-1.99%
Market Cap1.25B
Analysts78.46
Price Target20.46 (38.99%)
Short Float %2.15%
Short Ratio2.77
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.13% |
Yearly Dividend1.04
Dividend Growth(5Y)-2.41%
DP823.85%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-59.5%
Min EPS beat(2)-100%
Max EPS beat(2)-19%
EPS beat(4)1
Avg EPS beat(4)37.2%
Min EPS beat(4)-100%
Max EPS beat(4)366.83%
EPS beat(8)3
Avg EPS beat(8)417.84%
EPS beat(12)4
Avg EPS beat(12)221.36%
EPS beat(16)5
Avg EPS beat(16)158.36%
Revenue beat(2)1
Avg Revenue beat(2)-1.36%
Min Revenue beat(2)-2.75%
Max Revenue beat(2)0.02%
Revenue beat(4)1
Avg Revenue beat(4)-1.46%
Min Revenue beat(4)-2.89%
Max Revenue beat(4)0.02%
Revenue beat(8)3
Avg Revenue beat(8)-0.65%
Revenue beat(12)5
Avg Revenue beat(12)-0.59%
Revenue beat(16)7
Avg Revenue beat(16)1.1%
PT rev (1m)0%
PT rev (3m)-3.89%
EPS NQ rev (1m)-4.76%
EPS NQ rev (3m)3.46%
EPS NY rev (1m)-5.36%
EPS NY rev (3m)-5.36%
Revenue NQ rev (1m)1.12%
Revenue NQ rev (3m)1.84%
Revenue NY rev (1m)0.53%
Revenue NY rev (3m)-3.46%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 105.14 | ||
| Fwd PE | 64.97 | ||
| P/S | 4.99 | ||
| P/FCF | N/A | ||
| P/OCF | 15.4 | ||
| P/B | 1.34 | ||
| P/tB | 1.34 | ||
| EV/EBITDA | 16.97 |
EPS(TTM)0.14
EY0.95%
EPS(NY)0.23
Fwd EY1.54%
FCF(TTM)-0.89
FCFYN/A
OCF(TTM)0.96
OCFY6.49%
SpS2.95
BVpS10.97
TBVpS10.97
PEG (NY)0.31
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.64% | ||
| ROE | 1.12% | ||
| ROCE | 2.82% | ||
| ROIC | 2.23% | ||
| ROICexc | 2.35% | ||
| ROICexgc | 2.45% | ||
| OM | 17.94% | ||
| PM (TTM) | 4.18% | ||
| 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%
ROICexcg growth 3Y0.28%
ROICexcg 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-Score7
Asset Turnover0.15
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.11 | ||
| Cap/Depr | 249.88% | ||
| Cap/Sales | 62.76% | ||
| Interest Coverage | 1.55 | ||
| Cash Conversion | 75.29% | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.96 | ||
| Quick Ratio | 2.72 | ||
| Altman-Z | 1.38 |
F-Score7
WACC7.08%
ROIC/WACC0.31
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)300.5%
EPS 3Y-58.99%
EPS 5Y-12.74%
EPS Q2Q%200%
EPS Next Y340.94%
EPS Next 2Y173.23%
EPS Next 3Y115.33%
EPS Next 5YN/A
Revenue 1Y (TTM)8.39%
Revenue growth 3Y8.93%
Revenue growth 5Y10.41%
Sales Q2Q%10.47%
Revenue Next Year5.64%
Revenue Next 2Y5.48%
Revenue Next 3Y2.03%
Revenue Next 5YN/A
EBIT growth 1Y9.97%
EBIT growth 3Y8.5%
EBIT growth 5Y16.71%
EBIT Next Year184.62%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y36.2%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y108.02%
OCF growth 3Y7.79%
OCF growth 5Y16.2%