UMH PROPERTIES INC (UMH) Stock Fundamental Analysis
USA - NYSE:UMH - US9030021037 - REIT
14.54 USD
+0.32 (+2.25%)
14.54 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to UMH. UMH was compared to 20 industry peers in the Residential REITs industry. UMH has only an average score on both its financial health and profitability. 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.
The reported net income has been mixed in the past 5 years: UMH reported negative net income in multiple years.
UMH had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
UMH's Return On Assets of 0.64% is in line compared to the rest of the industry. UMH outperforms 45.00% of its industry peers.
UMH's Return On Equity of 1.12% is in line compared to the rest of the industry. UMH outperforms 45.00% of its industry peers.
The Return On Invested Capital of UMH (2.23%) is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for UMH is in line with the industry average of 2.60%.
The 3 year average ROIC (2.11%) for UMH is below the current ROIC(2.23%), 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
With a Profit Margin value of 4.18%, 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 Profit Margin of UMH has declined.
UMH has a Operating Margin (17.94%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of UMH has grown nicely.
The Gross Margin of UMH (54.84%) is worse than 75.00% of its industry peers.
UMH's Gross Margin has improved in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), UMH is destroying value.
UMH has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, UMH has more shares outstanding
UMH has a better debt/assets ratio than last year.
2.2 Solvency
UMH has an Altman-Z score of 1.36. This is a bad value and indicates that UMH is not financially healthy and even has some risk of bankruptcy.
UMH has a better Altman-Z score (1.36) than 65.00% of its industry peers.
A Debt/Equity ratio of 0.71 indicates that UMH is somewhat dependend on debt financing.
With an excellent Debt to Equity ratio value of 0.71, UMH belongs to the best 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 | 1.36 |
ROIC/WACC0.32
WACC7.01%
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 90.00% of its industry peers.
A Quick Ratio of 2.72 indicates that UMH has no problem at all paying its short term obligations.
UMH's Quick ratio of 2.72 is amongst the best of the industry. UMH outperforms 90.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.96 | ||
| Quick Ratio | 2.72 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 300.50% over the past year.
The earnings per share for UMH have been decreasing by -12.74% on average. This is quite bad
Looking at the last year, UMH shows a quite strong growth in Revenue. The Revenue has grown by 8.39% in the last year.
UMH shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.41% yearly.
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
The Earnings Per Share is expected to grow by 115.33% on average over the next years. This is a very strong growth
UMH is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.83% yearly.
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
The Price/Earnings ratio is 103.86, which means the current valuation is very expensive for UMH.
Based on the Price/Earnings ratio, UMH is valued a bit more expensive than 60.00% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.11, UMH is valued quite expensively.
Based on the Price/Forward Earnings ratio of 65.21, the valuation of UMH can be described as expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of UMH is on the same level as its industry peers.
UMH is valuated expensively when we compare the Price/Forward Earnings ratio to 22.55, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 103.86 | ||
| Fwd PE | 65.21 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of UMH indicates a somewhat cheap valuation: UMH is cheaper than 70.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 16.83 |
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 2Y171.04%
EPS Next 3Y115.33%
5. Dividend
5.1 Amount
UMH has a Yearly Dividend Yield of 6.33%, which is a nice return.
Compared to an average industry Dividend Yield of 7.40, UMH pays a bit more dividend than its industry peers.
UMH's Dividend Yield is rather good when compared to the S&P500 average which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.33% |
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 2Y171.04%
EPS Next 3Y115.33%
14.54
+0.32 (+2.25%)
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-2.53%
Ins Owners5.58%
Ins Owner Change-2.36%
Market Cap1.23B
Revenue(TTM)250.41M
Net Income(TTM)10.47M
Analysts77.14
Price Target19.49 (34.04%)
Short Float %3.82%
Short Ratio4.22
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.33% |
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)-4.74%
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 | 103.86 | ||
| Fwd PE | 65.21 | ||
| P/S | 4.93 | ||
| P/FCF | N/A | ||
| P/OCF | 15.21 | ||
| P/B | 1.33 | ||
| P/tB | 1.33 | ||
| EV/EBITDA | 16.83 |
EPS(TTM)0.14
EY0.96%
EPS(NY)0.22
Fwd EY1.53%
FCF(TTM)-0.89
FCFYN/A
OCF(TTM)0.96
OCFY6.57%
SpS2.95
BVpS10.97
TBVpS10.97
PEG (NY)0.31
PEG (5Y)N/A
Graham Number5.88
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%
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-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 | 1.36 |
F-Score7
WACC7.01%
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)300.5%
EPS 3Y-58.99%
EPS 5Y-12.74%
EPS Q2Q%200%
EPS Next Y332.62%
EPS Next 2Y171.04%
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 Year10.57%
Revenue Next 2Y8.95%
Revenue Next 3Y1.83%
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%
UMH PROPERTIES INC / UMH FAQ
What is the fundamental rating for UMH stock?
ChartMill assigns a fundamental rating of 5 / 10 to UMH.
What is the valuation status of UMH PROPERTIES INC (UMH) stock?
ChartMill assigns a valuation rating of 3 / 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 4 / 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 103.86 and the Price/Book (PB) ratio is 1.33.
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.