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UMH Properties (FRA:WXE) Cyclically Adjusted Price-to-FCF : 14.96 (As of Dec. 02, 2024)


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What is UMH Properties Cyclically Adjusted Price-to-FCF?

As of today (2024-12-02), UMH Properties's current share price is €17.80. UMH Properties's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was €1.19. UMH Properties's Cyclically Adjusted Price-to-FCF for today is 14.96.

The historical rank and industry rank for UMH Properties's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:WXE' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.1   Med: 19.23   Max: 522
Current: 14.22

During the past years, UMH Properties's highest Cyclically Adjusted Price-to-FCF was 522.00. The lowest was 10.10. And the median was 19.23.

FRA:WXE's Cyclically Adjusted Price-to-FCF is ranked worse than
55.22% of 402 companies
in the REITs industry
Industry Median: 13.14 vs FRA:WXE: 14.22

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

UMH Properties's adjusted free cash flow per share data for the three months ended in Sep. 2024 was €0.197. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €1.19 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


UMH Properties Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for UMH Properties's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

UMH Properties Cyclically Adjusted Price-to-FCF Chart

UMH Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.76 15.05 23.14 13.72 11.56

UMH Properties Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.50 11.56 12.11 11.74 14.57

Competitive Comparison of UMH Properties's Cyclically Adjusted Price-to-FCF

For the REIT - Residential subindustry, UMH Properties's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


UMH Properties's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, UMH Properties's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where UMH Properties's Cyclically Adjusted Price-to-FCF falls into.



UMH Properties Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

UMH Properties's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=17.80/1.19
=14.96

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

UMH Properties's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, UMH Properties's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.197/133.0289*133.0289
=0.197

Current CPI (Sep. 2024) = 133.0289.

UMH Properties Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.334 99.070 0.448
201503 0.269 99.621 0.359
201506 0.104 100.684 0.137
201509 0.127 100.392 0.168
201512 0.399 99.792 0.532
201603 0.254 100.470 0.336
201606 0.131 101.688 0.171
201609 0.310 101.861 0.405
201612 0.256 101.863 0.334
201703 0.363 102.862 0.469
201706 0.140 103.349 0.180
201709 0.309 104.136 0.395
201712 0.282 104.011 0.361
201803 0.232 105.290 0.293
201806 0.096 106.317 0.120
201809 0.237 106.507 0.296
201812 0.359 105.998 0.451
201903 0.277 107.251 0.344
201906 -0.012 108.070 -0.015
201909 0.317 108.329 0.389
201912 0.276 108.420 0.339
202003 0.380 108.902 0.464
202006 0.293 108.767 0.358
202009 0.397 109.815 0.481
202012 0.325 109.897 0.393
202103 0.257 111.754 0.306
202106 0.356 114.631 0.413
202109 0.232 115.734 0.267
202112 0.329 117.630 0.372
202203 0.097 121.301 0.106
202206 -0.003 125.017 -0.003
202209 -0.006 125.227 -0.006
202212 -0.206 125.222 -0.219
202303 0.210 127.348 0.219
202306 0.594 128.729 0.614
202309 0.545 129.860 0.558
202312 0.398 129.419 0.409
202403 0.253 131.776 0.255
202406 0.240 132.554 0.241
202409 0.197 133.029 0.197

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


UMH Properties  (FRA:WXE) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


UMH Properties Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of UMH Properties's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


UMH Properties Business Description

Industry
Traded in Other Exchanges
Address
3499 Route 9, Suite 3C, Freehold, NJ, USA, 07728
UMH Properties Inc together with its subsidiaries is a real estate investment trust. It is engaged in the business of ownership and operation of manufactured home communities - leasing manufactured homesites to residents . The Company also leases manufactured homes to residents and, through its wholly-owned taxable REIT subsidiary, UMH Sales and Finance, Inc. sells and finances the sale of manufactured homes to residents and prospective residents of its communities and for placement on customers' privately-owned land. The company also owns the land, utility connections, streets, lighting, driveways, common area amenities, and other capital improvements. It earns income from lease agreements for their sites and homes, where the company is the lessor.

UMH Properties Headlines

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