UMH Properties (BSP:U1MH34) Scaled Net Operating Assets: 0.90 (As of Mar. 2026)


BSP:U1MH34 UMH Properties Inc BSP:U1MH34
12 GF Score
Price R$39.00
GF Value R$39.09
Valuation Fairly Valued
! 5 Warning Signs
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What is UMH Properties Scaled Net Operating Assets?

UMH Properties BSP:U1MH34 12 Scaled Net Operating Assets is 0.90 as of Mar. 2026. GuruFocus rates BSP:U1MH34 with a GF Score™ of 12/100 and a GF Value™ of R$39.09 (Fairly Valued). The stock has 5 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

UMH Properties's operating assets for the quarter that ended in Mar. 2026 was R$8,491.70 Mil. UMH Properties's operating liabilities for the quarter that ended in Mar. 2026 was R$165.85 Mil. UMH Properties's Total Assets for the quarter that ended in Dec. 2025 was R$9,269.43 Mil. Therefore, UMH Properties's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.90.


UMH Properties Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for UMH Properties's Scaled Net Operating Assets 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.

UMH Properties Scaled Net Operating Assets Chart

UMH Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 0.91 0.91 1.22 0.90

UMH Properties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets 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 0.88 0.92 0.91 0.98 0.90

BSP:U1MH34 vs CSR, NXRT, AIV: Scaled Net Operating Assets Comparison

For the REIT - Residential subindustry, UMH Properties's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs REITs Industry

For the REITs industry and Real Estate sector, UMH Properties's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where UMH Properties's Scaled Net Operating Assets falls into.


BSP:U1MH34
12GF Score
UMH Properties Inc BSP:U1MH34
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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UMH Properties Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

UMH Properties's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(8746.459-167.015)/9540.305
=0.90

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9269.431 - 522.972
=8746.459

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4320.041 - 4153.026 - 0
=167.015

UMH Properties's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(8491.704-165.846)/9269.431
=0.90

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8825.562 - 333.858
=8491.704

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4139.662 - 3973.816 - 0
=165.846

* 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.

What does a Scaled Net Operating Assets of 0.90 mean?
UMH Properties (BSP:U1MH34) has a Scaled Net Operating Assets of 0.90 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on UMH Properties and its competitors.
Is UMH Properties' Scaled Net Operating Assets too high?
UMH Properties' current Scaled Net Operating Assets is 0.90. Overall, UMH Properties has a GF Score™ of 12/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does UMH Properties' Scaled Net Operating Assets compare to CSR and NXRT?
UMH Properties' Scaled Net Operating Assets of 0.90 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a REITs company?
A good Scaled Net Operating Assets depends on the REITs industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on UMH Properties and its competitors. UMH Properties's current Scaled Net Operating Assets is 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UMH Properties stock overvalued right now?
Based on GuruFocus' analysis, UMH Properties (BSP:U1MH34) is currently considered Fairly Valued. The stock's GF Value™ is R$39.09, compared to a current price of R$39.00 — trading 0.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.90. UMH Properties' overall GF Score™ is 12/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For UMH Properties (BSP:U1MH34), the current Scaled Net Operating Assets is 0.90 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is UMH Properties (BSP:U1MH34) Overvalued in 2026?

Based on GuruFocus' analysis, UMH Properties stock appears to be undervalued. The current stock price of R$39.00 is trading 0.2% below its estimated GF Value™ of R$39.09. GuruFocus considers UMH Properties to be Fairly Valued.

Key valuation signals for BSP:U1MH34:

  • Scaled Net Operating Assets: 0.90
  • GF Value™: R$39.09 vs. price of R$39.00 (0.2% below fair value)
  • GF Score™: 12/100 with 5 warning signs

No single metric tells the full story. See the BSP:U1MH34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


UMH Properties Business Description

Industry Real EstateREITs
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, it 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 its sites and homes, where the company is the lessor.
12GF Score

Get the complete analysis for BSP:U1MH34

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$39.00
Price
R$39.09
GF Value