Cherry Hill Mortgage Investment Corporation (CHMI), Discounted Cash Flow Valuation

Avaliação da Cherry Hill Mortgage Investment Corporation (CHMI) | Fluxo de caixa com desconto | Demonstrações financeiras | Fluxo de caixa livre

US | Real Estate | REIT - Mortgage | NYSE
2.89 0.27 (10.31%)
Real-Time Price (USD)
Market Cap A valuation method that multiplies the price of a company's shares by the total number of outstanding shares.
91.4M
Revenue (ttm) The total amount of income generated by the sale of goods or services related to the company's primary operations.
33.79M
Net Income (ttm) The company's earnings for a period net of operating costs, taxes and interest.
-32.63M
Shares Out Total number of common shares outstanding as of the latest date disclosed in a financial filing.
30.22M
EPS (ttm) Company's net earnings or losses from continuing operations on a per diluted share basis.
-1.33
PE Ratio The price-to-earnings (PE) ratio is the ratio between a company's stock price and earnings per share. It measures the price of a stock relative to its profits.
-3.05
Dividend Yield Measures the cash returned to shareholders by a firm as a percentage of the price they pay for each share of stock.
29.42%
Exchange Name of stock exchange where the trading item trades.
NYSE
Avg Volume The average number of shares traded each day over the past 30 days.
295.3K
Open The opening trade price over the trading day.
2.7
Previous Close The last closing price.
2.62
Beta A ratio that measures the risk or volatility of a company's share price in comparison to the market as a whole.
1.53
1 day delta The range between the high and low prices over the past day.
2.7-2.93
52 weeks The range between the high and low prices over the past 52 weeks.
2.5-4.11

Total Valuation

Cherry Hill Mortgage Investment Corporation has a market cap or net worth of 91.4M. The enterprise value is 192.09M.
Market Cap (ttm) Market Capitalization
A valuation method that multiplies the price of a company's shares by the total number of outstanding shares.
91.4M
Enterprise Value (ttm) Enterprise Value
Enterprise value measures the total value of a company's outstanding shares, adjusted for debt and levels of cash and short-term investments.
Enterprise Value = Market Cap + Total Debt - Cash & Equivalents - Short-Term Investments
192.09M

Valuation Ratios

The trailing PE ratio is -2.68. Cherry Hill Mortgage Investment Corporation's PEG ratio is 0.12.
PE Ratio (ttm) PE Ratio
The price-to-earnings (P/E) ratio is a valuation metric that shows how expensive a stock is relative to earnings.
PE Ratio = Stock Price / Earnings Per Share
-2.68
PS Ratio (ttm) PS Ratio
The price-to-sales (P/S) ratio is a commonly used valuation metric. It shows how expensive a stock is compared to revenue.
PS Ratio = Market Capitalization / Revenue
2.7
PB Ratio (ttm) PB Ratio
The price-to-book (P/B) ratio measures a stock's price relative to book value. Book value is also called Shareholders' equity.
PB Ratio = Market Capitalization / Shareholders' Equity
0.37
P/FCF Ratio (ttm) P/FCF Ratio
The price to free cash flow (P/FCF) ratio is similar to the P/E ratio, except it uses free cash flow instead of accounting earnings.
P/FCF Ratio = Market Capitalization / Free Cash Flow
11.46
PEG Ratio (ttm) PEG Ratio
The price/earnings to growth (PEG) ratio is calculated by dividing a company's PE ratio by its expected earnings growth.
PEG Ratio = PE Ratio / Expected Earnings Growth
0.12

Enterprise Valuation

The stock's EV/EBITDA ratio is 12.63, with a EV/FCF ratio of 24.09.
EV / Sales (ttm) EV / Sales Ratio
The enterprise value to sales (EV/Sales) ratio is similar to the price-to-sales ratio, but the price is adjusted for the company's debt and cash levels.
EV/Sales Ratio = Enterprise Value / Revenue
5.69
EV / EBITDA (ttm) EV / EBIT Ratio
The EV/EBITDA ratio measures a company's valuation relative to its EBITDA, or Earnings Before Interest, Taxes, Depreciation, and Amortization.
EV/EBITDA Ratio = Enterprise Value / EBITDA
12.63
EV / EBIT (ttm) EV/EBIT Ratio
The EV/EBIT is a valuation metric that measures a company's price relative to EBIT, or Earnings Before Interest and Taxes.
EV/EBIT Ratio = Enterprise Value / EBIT
24.09
EV / FCF (ttm) EV/FCF Ratio
The enterprise value to free cash flow (EV/FCF) ratio is similar to the price to free cash flow ratio, except the price is adjusted for the company's cash and debt.
EV/FCF Ratio = Enterprise Value / Free Cash Flow
24.09

Financial Efficiency

Return on equity (ROE) is -13.40% and return on invested capital (ROIC) is -5.63%.
Return on Equity (ROE) (ttm) Return on Equity (ROE)
Return on equity (ROE) is a profitability metric that shows how efficient a company is at using its equity (or "net" assets) to generate profits. It is calculated by dividing the company's net income by the average shareholders' equity over the past 12 months.
ROE = (Net Income / Average Shareholders' Equity) * 100%
-13.40%
Return on Assets (ROA) (ttm) Return on Assets (ROA)
Return on assets (ROA) is a metric that measures how much profit a company is able to generate using its assets. It is calculated by dividing net income by the average total assets for the past 12 months.
ROA = (Net Income / Average Total Assets) * 100%
-2.10%
Return on Capital (ROIC) (ttm) Return on Capital (ROIC)
Return on invested capital (ROIC) measures how effective a company is at investing its capital in order to increase profits. It is calculated by dividing the EBIT (Earnings Before Interest & Taxes) by the average invested capital in the previous year.
ROIC = (EBIT / Average Invested Capital) * 100%
-5.63%
Asset Turnover Asset Turnover
The asset turnover ratio measures the amount of sales relative to a company's assets. It indicates how efficiently the company uses its assets to generate revenue.
Asset Turnover Ratio = Revenue / Average Assets
-0.01
Inventory Turnover (ttm) Inventory Turnover
The inventory turnover ratio measures how many times inventory has been sold and replaced during a time period.
Inventory Turnover Ratio = Cost of Revenue / Average Inventory
0

Margins

Trailing 12 months gross margin is 72.66%, with operating and profit margins of -62.75% and -96.57%.
Gross Margin (ttm) Gross Margin
Gross margin is the percentage of revenue left as gross profits, after subtracting cost of goods sold from the revenue.
Gross Margin = (Gross Profit / Revenue) * 100%
72.66%
Operating Margin (ttm) Operating Margin
Operating margin is the percentage of revenue left as operating income, after subtracting cost of revenue and all operating expenses from the revenue.
Operating Margin = (Operating Income / Revenue) * 100%
-62.75%
Pretax Margin (ttm) Pretax Margin
Pretax margin is the percentage of revenue left as profits before subtracting taxes.
Pretax Margin = (Pretax Income / Revenue) * 100%
-95.64%
Profit Margin (ttm) Profit Margin
Profit margin is the percentage of revenue left as net income, or profits, after subtracting all costs and expenses from the revenue.
Profit Margin = (Net Income / Revenue) * 100%
-96.57%
EBITDA Margin (ttm) EBITDA Margin
EBITDA margin is the percentage of revenue left as EBITDA, after subtracting all expenses except interest, taxes, depreciation and amortization from revenue.
EBITDA Margin = (EBITDA / Revenue) * 100%
45.00%

Income Statement

In the last 12 months, Cherry Hill Mortgage Investment Corporation had revenue of 33.79M and earned -32.63M in profits. Earnings per share (EPS) was -1.33.
Revenue (ttm) Revenue
Revenue is the amount of money a company receives from its main business activities, such as sales of products or services. Revenue is also called sales.
33.79M
Gross Profit (ttm) Gross Profit
Gross profit is a company’s profit after subtracting the costs directly linked to making and delivering its products and services.
Gross Profit = Revenue - Cost of Revenue
24.55M
Operating Income (ttm) Operating Income
Operating income is the amount of profit in a company after paying for all the expenses related to its core operations.
Operating Income = Revenue - Cost of Revenue - Operating Expenses
-21.2M
Pretax Income (ttm) Pretax Income
Pretax income is a company's profits before accounting for income taxes.
Pretax Income = Net Income + Income Taxes
-32.32M
Net Income (ttm) Net Income
Net income is a company's accounting profits after subtracting all costs and expenses from the revenue. It is also called earnings, profits or "the bottom line"
Net Income = Revenue - All Expenses
-32.63M
EBITDA (ttm) EBITDA
EBITDA stands for "Earnings Before Interest, Taxes, Depreciation and Amortization." It is a commonly used measure of profitability.
EBITDA = Net Income + Interest + Taxes + Depreciation and Amortization
15.2M
EBIT (ttm) EBIT
EBIT stands for "Earnings Before Interest and Taxes" and is a commonly used measure of earnings or profits. It is similar to operating income.
EBIT = Net Income + Interest + Taxes
-21.38M
Earnings Per Share (EPS) (ttm) EPS (Diluted)
Earnings per share is the portion of a company's profit that is allocated to each individual stock. Diluted EPS is calculated by dividing net income by "diluted" shares outstanding.
Diluted EPS = Net Income / Shares Outstanding (Diluted)
-1.33

Financial Position

The company has a trailing 12 months (ttm) current ratio of 1.6, with a ttm Debt / Equity ratio of 0.64.
Current Ratio (ttm) Current Ratio
The current ratio is used to measure a company's short-term liquidity. A low number can indicate that a company will have trouble paying its upcoming liabilities.
Current Ratio = Current Assets / Current Liabilities
1.6
Quick Ratio (ttm) Quick Ratio
The quick ratio measure a company's short-term liquidity. A low number indicates that the company may have trouble paying its upcoming financial obligations.
Quick Ratio = (Cash + Short-Term Investments + Accounts Receivable) / Current Liabilities
1.6
Debt / Equity (ttm) Debt / Equity Ratio
The debt-to-equity ratio measures a company's debt levels relative to its shareholders' equity or book value. A high ratio implies that a company has a lot of debt.
Debt / Equity Ratio = Total Debt / Shareholders' Equity
0.64
Debt / EBIT (ttm) Debt / EBIT Ratio
The debt-to-EBIT ratio is a company's debt levels relative to its trailing twelve-month EBIT. A high ratio implies that debt is high relative to the company's earnings.
Debt / EBIT Ratio = Total Debt / EBIT (ttm)
1.52

Dividends & Yields

This stock pays an annual dividend of 0.6, which amounts to a dividend yield of 20.76%.
Dividend Per Share (ttm) Dividend Per Share
Total amount paid to each outstanding share in dividends during the period.
0.6
Dividend Yield (ttm) Dividend Yield
The dividend yield is how much a stock pays in dividends each year, as a percentage of the stock price.
Dividend Yield = (Annual Dividends Per Share / Stock Price) * 100%
20.76%
Earnings Yield (ttm) Earnings Yield
The earnings yield is a valuation metric that measures a company's profits relative to stock price, expressed as a percentage yield. It is the inverse of the P/E ratio.
Earnings Yield = (Earnings Per Share / Stock Price) * 100%
-37.36%
FCF Yield (ttm) FCF Yield
The free cash flow (FCF) yield measures a company's free cash flow relative to its price, shown as a percentage. It is the inverse of the P/FCF ratio.
FCF Yield = (Free Cash Flow / Market Cap) * 100%
8.72%
Dividend Growth (YoY) Dividend Growth
The change in dividend payments per share, compared to the previous period.
Dividend Growth = ((Current Dividend / Previous Dividend) - 1) * 100%
-23.77%
Payout Ratio (ttm) Payout Ratio
The payout ratio is the percentage of a company's profits that are paid out as dividends. A high ratio implies that the dividend payments may not be sustainable.
Payout Ratio = (Dividends Per Share / Earnings Per Share) * 100%
-83.80%

Balance Sheet

The company has 50.15M in cash and 150.85M in debt, giving a net cash position of -100.7M.
Cash & Cash Equivalents Cash & Cash Equivalents
Cash and cash equivalents is the sum of "Cash & Equivalents" and "Short-Term Investments." This is the amount of money that a company has quick access to, assuming that the cash equivalents and short-term investments can be sold at a short notice.
Cash & Cash Equivalents = Cash & Equivalents + Short-Term Investments
50.15M
Total Debt Total Debt
Total debt is the total amount of liabilities categorized as "debt" on the balance sheet. It includes both current and long-term (non-current) debt.
Total Debt = Current Debt + Long-Term Debt
150.85M
Net Cash Net Cash / Debt
Net Cash / Debt is an indicator of the financial position of a company. It is calculated by taking the total amount of cash and cash equivalents and subtracting the total debt.
Net Cash / Debt = Total Cash - Total Debt
-100.7M
Book Value Shareholders' Equity
Shareholders’ equity is also called book value or net worth. It can be seen as the amount of money held by investors inside the company. It is calculated by subtracting all liabilities from all assets.
Shareholders' Equity = Total Assets - Total Liabilities
236.68M
Book Value Per Share (ttm) Book Value Per Share
Book value per share is the total amount of book value attributable to each individual stock. It is calculated by dividing book value (shareholders' equity) by the number of outstanding shares.
Book Value Per Share = Book Value / Shares Outstanding
7.93
Working Capital (ttm) Working Capital
Working capital is the amount of money available to a business to conduct its day-to-day operations. It is calculated by subtracting total current liabilities from total current assets.
Working Capital = Current Assets - Current Liabilities
22.04M

Cash Flow

In the last 12 months, operating cash flow of the company was 7.97M and capital expenditures 0, giving a free cash flow of 7.97M.
Operating Cash Flow (ttm) Operating Cash Flow
Operating cash flow, also called cash flow from operating activities, measures the amount of cash that a company generates from normal business activities. It is the amount of cash left after all cash income has been received, and all cash expenses have been paid.
7.97M
Capital Expenditures (ttm) Capital Expenditures
Capital expenditures are also called payments for property, plants and equipment. It measures cash spent on long-term assets that will be used to run the business, such as manufacturing equipment, real estate and others.
0
Free Cash Flow (ttm) Free Cash Flow
Free cash flow is the cash remaining after the company spends on everything required to maintain and grow the business. It is calculated by subtracting capital expenditures from operating cash flow.
Free Cash Flow = Operating Cash Flow - Capital Expenditures
7.97M
FCF Per Share (ttm) Free Cash Flow Per Share
Free cash flow per share is the amount of free cash flow attributed to each outstanding stock.
FCF Per Share = Free Cash Flow / Shares Outstanding
0.26

Cherry Hill Mortgage Investment Corporation News

Dec 12, 2024 - businesswire.com
Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the Fourth Quarter 2024
FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today announced that its Board of Directors declared a dividend of $0.15 per share on the Company's common stock for the fourth quarter of 2024. The dividend will be payable in cash on January 31, 2025 to ho...[read more]
Nov 18, 2024 - seekingalpha.com
Cherry Hill Mortgage Investment Corporation Series B Still Attractive Despite Floating Rate Risk
Cherry Hill Mortgage Investment Corporation faces challenges with high interest rates impacting net interest income and pressuring the common share dividend. The company has increased its RMBS holdings and leverage, but shareholder equity has dropped. Preferred dividends are fully covered, but commo...[read more]
Nov 14, 2024 - businesswire.com
Cherry Hill Mortgage Investment Corporation Internalizes Management, Terminates Management Agreement and Concludes Strategic Alternatives Review Process
TINTON FALLS, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) (the “Company”) today announced that the Company has commenced operations as a fully integrated, internally managed mortgage REIT and has terminated the management agreement with its external manager, Cherr...[read more]
Nov 12, 2024 - seekingalpha.com
Cherry Hill Mortgage Investment Corporation (CHMI) Q3 2024 Earnings Call Transcript
Cherry Hill Mortgage Investment Corporation (NYSE:CHMI ) Q3 2024 Earnings Conference Call November 12, 2024 5:00 PM ET Company Participants Garrett Edson - Investor Relations, ICR Jay Lown - President and Chief Executive Officer Julian Evans - Chief Investment Officer Michael Hutchby - Chief Financi...[read more]
Nov 12, 2024 - businesswire.com
Cherry Hill Mortgage Investment Corporation Announces Third Quarter 2024 Results
TINTON FALLS, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) (“Cherry Hill” or the “Company”) today reported results for the third quarter 2024. Third Quarter 2024 Highlights GAAP net loss applicable to common stockholders of $14.8 million, or $0.49 per share. Earnin...[read more]
Nov 10, 2024 - seekingalpha.com
10.7% Preferred Share From Cherry Hill
CHMI-B preferred shares carry a high-risk rating of 5, making them suitable only as a trading tool, not a long-term investment. Despite an attractive stripped yield of 10.7%, CHMI-B is overpriced given its significant risk, with better options available in short-term treasury ETFs. The common equity...[read more]
Nov 8, 2024 - businesswire.com
Cherry Hill Mortgage Investment Corporation Sets Date for Third Quarter 2024 Earnings Release and Conference Call
TINTON FALLS, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today announced that the Company will release third quarter 2024 financial results after the market closes on November 12, 2024. A conference call will be held the same day at 5:00 pm Eastern Time to review...[read more]
Sep 26, 2024 - seekingalpha.com
8.5% Yield Preferred Share Not Worth A Buy From Cherry Hill
CHMI-A is currently overpriced; consider buying only if the price drops to $20.56 due to high risk associated with CHMI. Stripped price is crucial; with an expected ex-dividend date of 9/30/24, the stripped price is around $23.76. CHMI-A offers a decent yield but has a poor common equity to preferre...[read more]
Sep 18, 2024 - seekingalpha.com
Cherry Hill Mortgage's Performance For Q2 2024
Cherry Hill Mortgage had a slightly underperforming quarter, with a 3.4% BV variance and a minor decrease in adjusted core earnings/EAD. CHMI's fixed-rate agency MBS sub-portfolio increased unexpectedly, leading to BV underperformance, while derivative instruments and MSR sub-portfolio matched proje...[read more]
Sep 13, 2024 - businesswire.com
Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the Third Quarter 2024
FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today announced that its Board of Directors declared a dividend of $0.15 per share on the Company's common stock for the third quarter of 2024. The dividend will be payable in cash on October 31, 2024 to hol...[read more]

About Cherry Hill Mortgage Investment Corporation

Cherry Hill Mortgage Investment Corporation, a residential real estate finance company, acquires, invests in, and manages residential mortgage assets in the United States. The company operates through Investments in RMBS (residential mortgage-backed securities), Investments in Servicing Related Assets, and All Other segments. It manages a portfolio of servicing related assets and RMBS. Cherry Hill Mortgage Investment Corporation qualifies as a real estate investment trust for federal income tax purposes. The company generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Cherry Hill Mortgage Investment Corporation was incorporated in 2012 and is based in Farmingdale, New Jersey.
CEO Mr. Jeffrey B. Lown II
IPO Date Oct 4, 2013
Industry REIT - Mortgage
Employees 0

Cherry Hill Mortgage Investment Corporation Details

Country US
City Farmingdale
Address 1451 Route 34
Ticker Symbol CHMI
Exchange New York Stock Exchange
IPO Date Oct 4, 2013
CEO Mr. Jeffrey B. Lown II
Sector Real Estate
Industry REIT - Mortgage
Employees 0

Cherry Hill Mortgage Investment Corporation (CHMI) Avaliação de fluxo de caixa com desconto

Cherry Hill Mortgage Investment Corporation (CHMI) Custo médio ponderado da calculadora de capital (WACC)

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