Is UMH Properties, Inc. overvalued or undervalued?

As of 1 May 2025, the valuation grade for UMH Properties, Inc. has moved from fair to attractive, indicating a positive shift in its perceived value. The company appears to be undervalued, supported by a P/E ratio of 50, which is slightly lower than the industry average, and a PEG ratio of 0.27, suggesting strong growth potential relative to its price. Additionally, the EV to EBITDA ratio stands at 12.49, which is competitive when compared to peers.
In the peer comparison, UMH Properties, Inc. has a P/E ratio of 49.76, while Paramount Group, Inc. shows a risky valuation with a P/E of -23.26, and NetSTREIT Corp. has a higher P/E of 72.64, indicating that UMH is more attractively priced. The company's dividend yield of 3.90% and ROCE of 5.44% further enhance its investment appeal. Despite recent underperformance compared to the S&P 500 on a year-to-date basis, the overall valuation metrics suggest that UMH Properties, Inc. is positioned favorably in the market.