Umh PROPERTIES, Inc. (UMH) intrinsic value & 10-year financials
Umh PROPERTIES, Inc. (UMH) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue grew 17.0% a year to $35.0M, with an average return on invested capital of 1.9%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $15.24
- Market cap
- $1.3B
- Revenue (FY2025)
- $35.0M
- Revenue growth (10-yr CAGR)
- 17.0%
- ROIC (10-yr avg)
- 1.9%
- Free cash flow (FY2025)
- —
UMH 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $35.0M | $26.3M | $0.07 | — | — | 2.9% |
| FY2024 | $33.5M | $21.4M | $0.03 | — | — | 2.6% |
| FY2023 | $31.2M | $7.9M | -$0.15 | — | — | 1.3% |
| FY2022 | $25.3M | -$5.0M | -$0.67 | — | — | -0.8% |
| FY2021 | $27.1M | $51.1M | $1.08 | — | — | 8.9% |
| FY2020 | $20.3M | $5.1M | $0.12 | — | — | 0.8% |
| FY2019 | $18.0M | $27.8M | $0.69 | — | — | 4.9% |
| FY2018 | $15.8M | -$36.2M | -$0.98 | — | — | -7.2% |
| FY2017 | $10.8M | $12.7M | $0.39 | — | — | 3.0% |
| FY2016 | $8.5M | $11.5M | — | — | — | 3.1% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
UMH PROPERTIES, INC. is a consistent compounder, expanding top-line revenue at 17.0% annually over the past decade.
UMH PROPERTIES, INC. has historically struggled to out-earn its cost of capital, averaging just 2.0% ROIC.
UMH PROPERTIES, INC. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, UMH PROPERTIES, INC. is modeled at -19.3% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-1.82 per share.