CHERRY HILL MORTGAGE INVESTM (CHMI)
US1646511014 - REIT
Taking everything into account, CHMI scores 3 out of 10 in our fundamental rating. CHMI was compared to 65 industry peers in the Mortgage Real Estate Investment Trusts (REITs)" industry. CHMI has a bad profitability rating. Also its financial health evaluation is rather negative. CHMI scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
In the past year CHMI was profitable.
In the past year CHMI had a positive cash flow from operations.
In multiple years CHMI reported negative net income over the last 5 years.
In the past 5 years CHMI always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of -3.21%, CHMI is doing worse than 95.38% of the companies in the same industry.
CHMI has a worse Return On Equity (-17.48%) than 98.46% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.21% | ||
| ROE | -17.48% | ||
| ROIC | N/A |
ROA(3y)-0.72%
ROA(5y)-1.62%
ROE(3y)-4.02%
ROE(5y)-9.4%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
CHMI does not have Profit Margin and Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
CHMI has more shares outstanding than it did 1 year ago.
CHMI has more shares outstanding than it did 5 years ago.
CHMI has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of -1.04, we must say that CHMI is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of -1.04, CHMI is not doing good in the industry: 95.38% of the companies in the same industry are doing better.
The Debt to FCF ratio of CHMI is 26.39, which is on the high side as it means it would take CHMI, 26.39 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of CHMI (26.39) is better than 69.23% of its industry peers.
CHMI has a Debt/Equity ratio of 3.95. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of CHMI (3.95) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.95 | ||
| Debt/FCF | 26.39 | ||
| Altman-Z | -1.04 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.07 indicates that CHMI may have some problems paying its short term obligations.
CHMI has a Current ratio of 0.07. This is in the lower half of the industry: CHMI underperforms 78.46% of its industry peers.
CHMI has a Quick Ratio of 0.07. This is a bad value and indicates that CHMI is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of CHMI (0.07) is worse than 78.46% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.07 | ||
| Quick Ratio | 0.07 |
3. Growth
3.1 Past
The earnings per share for CHMI have decreased strongly by -37.50% in the last year.
Measured over the past years, CHMI shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -20.31% on average per year.
CHMI shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -40.13%.
CHMI shows a very negative growth in Revenue. Measured over the last years, the Revenue has been decreasing by -14.98% yearly.
EPS 1Y (TTM)-37.5%
EPS 3Y-26.87%
EPS 5Y-20.31%
EPS growth Q2Q-29.17%
Revenue 1Y (TTM)-40.13%
Revenue growth 3YN/A
Revenue growth 5Y-14.98%
Revenue growth Q2Q24.5%
3.2 Future
The Earnings Per Share is expected to grow by 15.78% on average over the next years. This is quite good.
Based on estimates for the next years, CHMI will show a very strong growth in Revenue. The Revenue will grow by 60.64% on average per year.
EPS Next Y16.57%
EPS Next 2Y15.78%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year221.94%
Revenue Next 2Y60.64%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 5.03, which indicates a rather cheap valuation of CHMI.
CHMI's Price/Earnings ratio is rather cheap when compared to the industry. CHMI is cheaper than 95.38% of the companies in the same industry.
CHMI is valuated cheaply when we compare the Price/Earnings ratio to 28.05, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 4.31, the valuation of CHMI can be described as very cheap.
CHMI's Price/Forward Earnings ratio is rather cheap when compared to the industry. CHMI is cheaper than 98.46% of the companies in the same industry.
CHMI is valuated cheaply when we compare the Price/Forward Earnings ratio to 20.30, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.03 | ||
| Fwd PE | 4.31 |
4.2 Price Multiples
93.85% of the companies in the same industry are more expensive than CHMI, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.6 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
CHMI's earnings are expected to grow with 15.78% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.3
PEG (5Y)N/A
EPS Next 2Y15.78%
EPS Next 3YN/A
5. Dividend
5.1 Amount
CHMI has a Yearly Dividend Yield of 17.29%, which is a nice return.
Compared to an average industry Dividend Yield of 12.94, CHMI pays a better dividend. On top of this CHMI pays more dividend than 98.46% of the companies listed in the same industry.
CHMI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 17.29% |
5.2 History
The dividend of CHMI decreases each year by -14.25%.
CHMI has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-14.25%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
The earnings of CHMI are negative and hence is the payout ratio. CHMI will probably not be able to sustain this dividend level.
DP-69.9%
EPS Next 2Y15.78%
EPS Next 3YN/A
CHERRY HILL MORTGAGE INVESTM
NYSE:CHMI (5/8/2024, 4:05:00 PM)
3.52
+0.05 (+1.44%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap105.67M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 17.29% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
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EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.03 | ||
| Fwd PE | 4.31 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.3
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.21% | ||
| ROE | -17.48% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.95 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.07 | ||
| Quick Ratio | 0.07 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-37.5%
EPS 3Y-26.87%
EPS 5Y
EPS growth Q2Q
EPS Next Y16.57%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-40.13%
Revenue growth 3YN/A
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y