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UMH PROPERTIES INC (UMH) Stock Fundamental Analysis

USA - NYSE:UMH - US9030021037 - REIT

15.18 USD
-0.08 (-0.52%)
Last: 9/12/2025, 8:22:39 PM
15.18 USD
0 (0%)
After Hours: 9/12/2025, 8:22:39 PM
Fundamental Rating

5

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 valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

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4

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.
UMH had a positive operating cash flow in 4 of the past 5 years.
UMH Yearly Net Income VS EBIT VS OCF VS FCFUMH Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M 100M -100M

1.2 Ratios

Looking at the Return On Assets, with a value of 0.64%, UMH is in line with its industry, outperforming 50.00% of the companies in the same industry.
UMH has a Return On Equity of 1.12%. This is comparable to the rest of the industry: UMH outperforms 50.00% of its industry peers.
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.
Measured over the past 3 years, the Average Return On Invested Capital 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 RankSector 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%
UMH Yearly ROA, ROE, ROICUMH Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -5 -10

1.3 Margins

UMH has a Profit Margin (4.18%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of UMH has declined.
With a Operating Margin value of 17.94%, UMH perfoms like the industry average, outperforming 45.00% of the companies in the same industry.
UMH's Operating Margin has improved in the last couple of years.
UMH has a worse Gross Margin (54.84%) than 75.00% of its industry peers.
UMH's Gross Margin has improved in the last couple of years.
Industry RankSector 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%
UMH Yearly Profit, Operating, Gross MarginsUMH Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 -40

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5

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.
UMH Yearly Shares OutstandingUMH Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M
UMH Yearly Total Debt VS Total AssetsUMH Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

2.2 Solvency

Based on the Altman-Z score of 1.41, we must say that UMH is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of UMH (1.41) is better than 65.00% of its industry peers.
UMH has a Debt/Equity ratio of 0.71. This is a neutral value indicating UMH is somewhat dependend on debt financing.
UMH has a better Debt to Equity ratio (0.71) than 85.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.71
Debt/FCF N/A
Altman-Z 1.41
ROIC/WACC0.32
WACC7.04%
UMH Yearly LT Debt VS Equity VS FCFUMH Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M 800M

2.3 Liquidity

A Current Ratio of 3.96 indicates that UMH has no problem at all paying its short term obligations.
With an excellent Current ratio value of 3.96, UMH belongs to the best of the industry, outperforming 95.00% of the companies in the same industry.
A Quick Ratio of 2.72 indicates that UMH has no problem at all paying its short term obligations.
The Quick ratio of UMH (2.72) is better than 95.00% of its industry peers.
Industry RankSector Rank
Current Ratio 3.96
Quick Ratio 2.72
UMH Yearly Current Assets VS Current LiabilitesUMH Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M

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6

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.
The earnings per share for UMH have been decreasing by -12.74% on average. This is quite bad
The Revenue has grown by 8.39% 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)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

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 2.03% on average per year.
EPS Next Y365.9%
EPS Next 2Y175.25%
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

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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
UMH Yearly Revenue VS EstimatesUMH Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 50M 100M 150M 200M 250M
UMH Yearly EPS VS EstimatesUMH Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 -0.5 -1

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3

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 108.43, 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.
When comparing the Price/Earnings ratio of UMH to the average of the S&P500 Index (27.30), we can say UMH is valued expensively.
UMH is valuated quite expensively with a Price/Forward Earnings ratio of 66.02.
UMH's Price/Forward Earnings ratio is in line with the industry average.
UMH is valuated expensively when we compare the Price/Forward Earnings ratio to 22.73, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 108.43
Fwd PE 66.02
UMH Price Earnings VS Forward Price EarningsUMH Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80 100

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, UMH is valued cheaply inside the industry as 85.00% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 17.33
UMH Per share dataUMH EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4 6 8 10

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)0.3
PEG (5Y)N/A
EPS Next 2Y175.25%
EPS Next 3Y115.33%

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5

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 5.90%, UMH is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.68, 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 2.38.
Industry RankSector Rank
Dividend Yield 5.9%

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
UMH Yearly Dividends per shareUMH Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8

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 2Y175.25%
EPS Next 3Y115.33%
UMH Yearly Income VS Free CF VS DividendUMH Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M -100M
UMH Dividend Payout.UMH Dividend Payout, showing the Payout Ratio.UMH Dividend Payout.PayoutRetained Earnings

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UMH PROPERTIES INC

NYSE:UMH (9/12/2025, 8:22:39 PM)

After market: 15.18 0 (0%)

15.18

-0.08 (-0.52%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)08-06 2025-08-06/amc
Earnings (Next)11-04 2025-11-04/amc
Inst Owners81.4%
Inst Owner Change4.78%
Ins Owners5.7%
Ins Owner Change-1.97%
Market Cap1.29B
Analysts78.46
Price Target20.46 (34.78%)
Short Float %2.75%
Short Ratio4.29
Dividend
Industry RankSector Rank
Dividend Yield 5.9%
Yearly Dividend1.04
Dividend Growth(5Y)-2.41%
DP823.85%
Div Incr Years1
Div Non Decr Years1
Ex-Date08-15 2025-08-15 (0.225)
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)-3.6%
PT rev (3m)-3.89%
EPS NQ rev (1m)3.46%
EPS NQ rev (3m)3.46%
EPS NY rev (1m)0%
EPS NY rev (3m)-28.81%
Revenue NQ rev (1m)1.22%
Revenue NQ rev (3m)1.84%
Revenue NY rev (1m)-0.17%
Revenue NY rev (3m)-3.38%
Valuation
Industry RankSector Rank
PE 108.43
Fwd PE 66.02
P/S 5.15
P/FCF N/A
P/OCF 15.88
P/B 1.38
P/tB 1.38
EV/EBITDA 17.33
EPS(TTM)0.14
EY0.92%
EPS(NY)0.23
Fwd EY1.51%
FCF(TTM)-0.89
FCFYN/A
OCF(TTM)0.96
OCFY6.3%
SpS2.95
BVpS10.97
TBVpS10.97
PEG (NY)0.3
PEG (5Y)N/A
Profitability
Industry RankSector 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 RankSector 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 1.41
F-Score7
WACC7.04%
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 Y365.9%
EPS Next 2Y175.25%
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 Year184.69%
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%