Discounted Cash Flow (DCF) Analysis Levered
UMH Properties, Inc. (UMH)
$20.31
-0.04 (-0.20%)
All numbers are in Millions, Currency in USD
Free Cash Flow
Year A/P | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected | 2027 Projected |
Revenue | 129.59 | 146.59 | 163.61 | 186.10 | 209.97 | 236.90 | 267.28 | 301.56 | 340.24 | 383.88 |
---|---|---|---|---|---|---|---|---|---|---|
Revenue (%) | ||||||||||
Operating Cash Flow | 40.18 | 38.52 | 69.04 | 65.16 | 70.60 | 79.65 | 89.87 | 101.39 | 114.40 | 129.07 |
Operating Cash Flow (%) | ||||||||||
Capital Expenditure | - | - | - | - | - | - | - | - | - | - |
Capital Expenditure (%) | ||||||||||
Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Weighted Average Cost Of Capital
Share price | $ 20.31 |
---|---|
Beta | 1.150 |
Diluted Shares Outstanding | 41.40 |
Cost of Debt | |
Tax Rate | 0.00 |
After-tax Cost of Debt | 5.00% |
Risk-Free Rate | |
Market Risk Premium | |
Cost of Equity | 8.269 |
Total Debt | - |
Total Equity | 840.73 |
Total Capital | 840.73 |
Debt Weighting | 0.00 |
Equity Weighting | 100.00 |
Wacc |
Build Up Free Cash Flow
Year A/P | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected | 2027 Projected |
Revenue | 129.59 | 146.59 | 163.61 | 186.10 | 209.97 | 236.90 | 267.28 | 301.56 | 340.24 | 383.88 |
---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | 40.18 | 38.52 | 69.04 | 65.16 | 70.60 | 79.65 | 89.87 | 101.39 | 114.40 | 129.07 |
Capital Expenditure | - | - | - | - | - | - | - | - | - | - |
Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
WACC | ||||||||||
PV LFCF | - | - | - | - | - | - | ||||
SUM PV LFCF | - |
Terminal Value
Growth in perpetuity method: | |
---|---|
Long-term growth rate | |
WACC (%) | 8.27 |
Free cash flow (t + 1) | - |
Terminal Value | - |
Present Value of Terminal Value | - |
Intrinsic Value
Enterprise Value | - |
---|---|
Net Debt | -275.81 |
Equity Value | - |
Shares Outstanding | 41.40 |
Equity Value Per Share | - |