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UMH Properties (XTAE:UMH) Cyclically Adjusted FCF per Share : ₪4.73 (As of Mar. 2025)


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What is UMH Properties Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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 for the three months ended in Mar. 2025 was ₪0.543. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is ₪4.73 for the trailing ten years ended in Mar. 2025.

During the past 12 months, UMH Properties's average Cyclically Adjusted FCF Growth Rate was -1.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 4.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 10.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of UMH Properties was 58.00% per year. The lowest was -68.20% per year. And the median was 1.55% per year.

As of today (2025-05-28), UMH Properties's current stock price is ₪60.73. UMH Properties's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was ₪4.73. UMH Properties's Cyclically Adjusted Price-to-FCF of today is 12.84.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of UMH Properties was 498.50. The lowest was 10.10. And the median was 18.55.


UMH Properties Cyclically Adjusted FCF per Share Historical Data

The historical data trend for UMH Properties's Cyclically Adjusted FCF per Share 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 FCF per Share Chart

UMH Properties Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 3.75 4.50 4.87

UMH Properties Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted FCF per Share 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 4.19 4.43 5.15 4.87 4.73

Competitive Comparison of UMH Properties's Cyclically Adjusted FCF per Share

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.


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UMH Properties Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, UMH Properties's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.543/134.9266*134.9266
=0.543

Current CPI (Mar. 2025) = 134.9266.

UMH Properties Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.414 100.684 0.555
201509 0.505 100.392 0.679
201512 1.540 99.792 2.082
201603 1.001 100.470 1.344
201606 0.523 101.688 0.694
201609 1.234 101.861 1.635
201612 0.957 101.863 1.268
201703 1.376 102.862 1.805
201706 0.559 103.349 0.730
201709 1.304 104.136 1.690
201712 1.184 104.011 1.536
201803 1.016 105.290 1.302
201806 0.398 106.317 0.505
201809 0.981 106.507 1.243
201812 1.446 105.998 1.841
201903 1.109 107.251 1.395
201906 -0.047 108.070 -0.059
201909 1.236 108.329 1.539
201912 1.085 108.420 1.350
202003 1.489 108.902 1.845
202006 1.169 108.767 1.450
202009 1.656 109.815 2.035
202012 1.400 109.897 1.719
202103 1.082 111.754 1.306
202106 1.519 114.631 1.788
202109 0.968 115.734 1.129
202112 1.316 117.630 1.510
202203 0.380 121.301 0.423
202206 -0.013 125.017 -0.014
202209 -0.021 125.227 -0.023
202212 -0.726 125.222 -0.782
202303 0.797 127.348 0.844
202306 2.279 128.729 2.389
202309 2.060 129.860 2.140
202312 1.527 129.419 1.592
202403 0.971 131.776 0.994
202406 0.915 132.554 0.931
202409 0.774 133.029 0.785
202412 1.197 133.157 1.213
202503 0.543 134.927 0.543

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


UMH Properties  (XTAE:UMH) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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 Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=60.73/4.73
=12.84

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of UMH Properties was 498.50. The lowest was 10.10. And the median was 18.55.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


UMH Properties Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of UMH Properties's Cyclically Adjusted FCF per Share 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.