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%)
Overall UMH gets a fundamental rating of 4 out of 10. We evaluated UMH against 20 industry peers in the Residential REITs industry. The financial health of UMH is average, but there are quite some concerns on its profitability. 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.
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 0.40%, 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.
UMH has a Return On Invested Capital of 2.30%. This is comparable to the rest of the industry: UMH outperforms 45.00% of its industry peers.
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
UMH has a worse Profit Margin (2.53%) than 65.00% of its industry peers.
UMH's Profit Margin has declined in the last couple of years.
UMH has a worse Operating Margin (18.11%) than 60.00% of its industry peers.
UMH's Operating Margin has improved in the last couple of years.
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.
Compared to 1 year ago, UMH has more shares outstanding
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
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.
Looking at the Altman-Z score, with a value of 1.36, UMH is in the better half of the industry, outperforming 65.00% of the companies in the same industry.
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 belongs to the top of the industry, outperforming 85.00% 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.
UMH's Current ratio of 2.49 is amongst the best of the industry. UMH outperforms 90.00% of its industry peers.
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.
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)-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.
The Revenue is expected to grow by 1.83% on average over the next years.
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
UMH is valuated quite expensively with a Price/Earnings ratio of 188.88.
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 25.89, UMH is valued quite expensively.
Based on the Price/Forward Earnings ratio of 67.77, the valuation of UMH can be described as expensive.
UMH's Price/Forward Earnings is on the same level as the industry average.
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 | 17.23 |
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.
UMH's earnings are expected to grow with 115.33% in the coming years. This may justify a more expensive valuation.
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.
Compared to an average industry Dividend Yield of 7.22, 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 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.93% |
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
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-5.2%
Ins Owners5.58%
Ins Owner Change-2.39%
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)-11.11%
EPS NQ rev (3m)-9.99%
EPS NY rev (1m)-1.89%
EPS NY rev (3m)-7.14%
Revenue NQ rev (1m)-0.67%
Revenue NQ rev (3m)3.29%
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 | 17.23 |
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.