UMH PROPERTIES INC (UMH) Stock Fundamental Analysis
NYSE:UMH - New York Stock Exchange, Inc. - US9030021037 - REIT - Currency: USD
Overall UMH gets a fundamental rating of 5 out of 10. We evaluated UMH against 20 industry peers in the Residential REITs industry. Both the profitability and the financial health of UMH get a neutral evaluation. Nothing too spectacular is happening here. UMH is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year UMH was profitable.
UMH had a positive operating cash flow in the past year.
In multiple years UMH reported negative net income over the last 5 years.
Of the past 5 years UMH 4 years had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.55%, UMH is in line with its industry, outperforming 55.00% of the companies in the same industry.
UMH has a Return On Equity (0.93%) which is in line with its industry peers.
UMH has a Return On Invested Capital of 2.25%. This is comparable to the rest of the industry: UMH outperforms 45.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for UMH is in line with the industry average of 2.62%.
The last Return On Invested Capital (2.25%) for UMH is above the 3 year average (2.11%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.55% | ||
| ROE | 0.93% | ||
| ROIC | 2.25% |
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 has a Profit Margin (3.47%) which is comparable to the rest of the industry.
UMH's Profit Margin has declined in the last couple of years.
UMH has a Operating Margin (17.72%) which is comparable to the rest of the industry.
UMH's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 54.95%, UMH is doing worse than 75.00% of the companies in the same industry.
In the last couple of years the Gross Margin of UMH has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.72% | ||
| PM (TTM) | 3.47% | ||
| GM | 54.95% |
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.
Compared to 1 year ago, UMH has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.60, we must say that UMH is in the distress zone and has some risk of bankruptcy.
UMH has a Altman-Z score of 1.60. This is in the better half of the industry: UMH outperforms 75.00% of its industry peers.
UMH has a Debt/Equity ratio of 0.66. This is a neutral value indicating UMH is somewhat dependend on debt financing.
UMH's Debt to Equity ratio of 0.66 is amongst the best of the industry. UMH outperforms 90.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.6 |
ROIC/WACC0.3
WACC7.39%
2.3 Liquidity
UMH has a Current Ratio of 2.71. This indicates that UMH is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 2.71, UMH belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
UMH has a Quick Ratio of 1.29. 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 Quick ratio of 1.29. This is amongst the best in the industry. UMH outperforms 90.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.71 | ||
| Quick Ratio | 1.29 |
3. Growth
3.1 Past
UMH shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 180.23%, 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 8.01%.
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)180.23%
EPS 3Y-58.99%
EPS 5Y-12.74%
EPS Q2Q%100%
Revenue 1Y (TTM)8.01%
Revenue growth 3Y8.93%
Revenue growth 5Y10.41%
Sales Q2Q%6.15%
3.2 Future
UMH is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 130.92% yearly.
The Revenue is expected to grow by 2.03% on average over the next years.
EPS Next Y365.9%
EPS Next 2Y160.04%
EPS Next 3Y130.92%
EPS Next 5YN/A
Revenue Next Year5.81%
Revenue Next 2Y6.44%
Revenue Next 3Y2.03%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
The Price/Earnings ratio is 142.08, which means the current valuation is very expensive for UMH.
Compared to the rest of the industry, the Price/Earnings ratio of UMH is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 27.54. UMH is valued rather expensively when compared to this.
With a Price/Forward Earnings ratio of 83.08, 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 (36.44), we can say UMH is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 142.08 | ||
| Fwd PE | 83.08 |
4.2 Price Multiples
UMH's Enterprise Value to EBITDA is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 18.91 |
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 130.92% in the coming years.
PEG (NY)0.39
PEG (5Y)N/A
EPS Next 2Y160.04%
EPS Next 3Y130.92%
5. Dividend
5.1 Amount
UMH has a Yearly Dividend Yield of 3.15%.
Compared to an average industry Dividend Yield of 4.51, UMH's dividend is way lower than its industry peers. On top of this 90.00% of the companies listed in the same industry pay a better dividend than UMH!
UMH's Dividend Yield is a higher than the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.15% |
5.2 History
The dividend of UMH decreases each year by -2.41%.
UMH has been paying a dividend for at least 10 years, so it has 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
969.69% of the earnings are spent on dividend by UMH. This is not a sustainable payout ratio.
DP969.69%
EPS Next 2Y160.04%
EPS Next 3Y130.92%
NYSE:UMH (7/21/2025, 12:23:08 PM)
17.05
+0.14 (+0.83%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)
Earnings (Next)
Inst Owners81.37%
Inst Owner Change-0.01%
Ins Owners5.81%
Ins Owner Change-0.91%
Market Cap1.43B
Analysts78.46
Price Target21.23 (24.52%)
Short Float %2.51%
Short Ratio4.35
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.15% |
Yearly Dividend1.04
Dividend Growth(5Y)-2.41%
DP969.69%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-99.5%
Min EPS beat(2)-100%
Max EPS beat(2)-99.01%
EPS beat(4)2
Avg EPS beat(4)58.21%
Min EPS beat(4)-100%
Max EPS beat(4)366.83%
EPS beat(8)3
Avg EPS beat(8)389.39%
EPS beat(12)4
Avg EPS beat(12)139.03%
EPS beat(16)6
Avg EPS beat(16)195.06%
Revenue beat(2)0
Avg Revenue beat(2)-1.49%
Min Revenue beat(2)-2.75%
Max Revenue beat(2)-0.24%
Revenue beat(4)0
Avg Revenue beat(4)-1.83%
Min Revenue beat(4)-2.89%
Max Revenue beat(4)-0.24%
Revenue beat(8)2
Avg Revenue beat(8)-0.68%
Revenue beat(12)4
Avg Revenue beat(12)-0.94%
Revenue beat(16)7
Avg Revenue beat(16)2.24%
PT rev (1m)-0.3%
PT rev (3m)-4.58%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-12.89%
EPS NY rev (1m)0%
EPS NY rev (3m)-25%
Revenue NQ rev (1m)-0.15%
Revenue NQ rev (3m)1.19%
Revenue NY rev (1m)-3.3%
Revenue NY rev (3m)-2.99%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 142.08 | ||
| Fwd PE | 83.08 | ||
| P/S | 5.87 | ||
| P/FCF | N/A | ||
| P/OCF | 19.03 | ||
| P/B | 1.57 | ||
| P/tB | 1.57 | ||
| EV/EBITDA | 18.91 |
EPS(TTM)0.12
EY0.7%
EPS(NY)0.21
Fwd EY1.2%
FCF(TTM)-0.84
FCFYN/A
OCF(TTM)0.9
OCFY5.25%
SpS2.9
BVpS10.85
TBVpS10.85
PEG (NY)0.39
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.55% | ||
| ROE | 0.93% | ||
| ROCE | 2.84% | ||
| ROIC | 2.25% | ||
| ROICexc | 2.3% | ||
| ROICexgc | 2.37% | ||
| OM | 17.72% | ||
| PM (TTM) | 3.47% | ||
| GM | 54.95% | ||
| 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 Turnover0.16
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.75 | ||
| Cap/Depr | 234.54% | ||
| Cap/Sales | 59.73% | ||
| Interest Coverage | 1.47 | ||
| Cash Conversion | 71.47% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.71 | ||
| Quick Ratio | 1.29 | ||
| Altman-Z | 1.6 |
F-Score7
WACC7.39%
ROIC/WACC0.3
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)180.23%
EPS 3Y-58.99%
EPS 5Y-12.74%
EPS Q2Q%100%
EPS Next Y365.9%
EPS Next 2Y160.04%
EPS Next 3Y130.92%
EPS Next 5YN/A
Revenue 1Y (TTM)8.01%
Revenue growth 3Y8.93%
Revenue growth 5Y10.41%
Sales Q2Q%6.15%
Revenue Next Year5.81%
Revenue Next 2Y6.44%
Revenue Next 3Y2.03%
Revenue Next 5YN/A
EBIT growth 1Y10.31%
EBIT growth 3Y8.5%
EBIT growth 5Y16.71%
EBIT Next Year184.87%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y43.83%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y11689.5%
OCF growth 3Y7.79%
OCF growth 5Y16.2%