Chemung Financial Corporation (CHMG) Financial Ratios
30 years of historical data (1996–2025) · Financial Services · Banks - Regional
EV/EBITDA
↑
15.73
↑+90% vs avg
5yr avg: 8.30
30Y Low2.3·High16.6
P/FCF
↑
163.62
↑+406% vs avg
5yr avg: 32.32
30Y Low5.1·High132.6
P/B Ratio
↑
1.30
+15% vs avg
5yr avg: 1.13
30Y Low0.8·High1.8
ROE
↓
6.4%
↑-46% vs avg
5yr avg: 12.0%
30Y Low5%·High15%
Debt/EBITDA
↓
0.25
↓-85% vs avg
5yr avg: 1.69
30Y Low0.2·High10.1
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
CHMG Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Chemung Financial Corporation trades at 22.0x earnings, 108% above its 5-year average of 10.6x, sitting at the 97th percentile of its historical range. Compared to the Financial Services sector median P/E of 13.1x, the stock trades at a premium of 67%. On a free-cash-flow basis, the stock trades at 163.6x P/FCF, 406% above the 5-year average of 32.3x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $331M | $268M | $233M | $236M | $215M | $218M | $163M | $207M | $200M | $231M | $173M |
| Enterprise Value | $314M | $251M | $304M | $240M | $265M | $216M | $66M | $97M | $74M | $274M | $140M |
| P/E Ratio → | 22.01 | 17.83 | 9.84 | 9.43 | 7.48 | 8.24 | 8.47 | 13.24 | 10.17 | 22.27 | 17.23 |
| P/S Ratio | 2.37 | 1.92 | 1.56 | 1.73 | 2.11 | 2.37 | 1.88 | 2.40 | 2.30 | 2.89 | 2.26 |
| P/B Ratio | 1.30 | 1.05 | 1.08 | 1.21 | 1.29 | 1.03 | 0.82 | 1.13 | 1.21 | 1.54 | 1.20 |
| P/FCF | 163.62 | 132.57 | 8.89 | 7.75 | 6.22 | 6.20 | 5.87 | 8.11 | 7.68 | 10.42 | 8.47 |
| P/OCF | 163.62 | 132.57 | 7.81 | 7.63 | 6.14 | 6.13 | 5.69 | 7.84 | 7.19 | 9.76 | 7.82 |
P/E links to full P/E history page with 30-year chart
CHMG EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Chemung Financial Corporation's enterprise value stands at 15.7x EBITDA, 90% above its 5-year average of 8.3x. The Financial Services sector median is 11.5x, placing the stock at a 37% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.79 | 2.03 | 1.75 | 2.60 | 2.35 | 0.76 | 1.13 | 0.85 | 3.44 | 1.83 |
| EV / EBITDA | 15.73 | 12.57 | 9.48 | 6.98 | 6.64 | 5.80 | 2.33 | 4.14 | 2.66 | 14.25 | 7.15 |
| EV / EBIT | 15.73 | 12.57 | 10.11 | 7.61 | 7.19 | 6.40 | 2.75 | 5.10 | 3.13 | 18.67 | 9.73 |
| EV / FCF | — | 123.76 | 11.62 | 7.88 | 7.66 | 6.16 | 2.36 | 3.81 | 2.84 | 12.38 | 6.87 |
CHMG Profitability
Margins and return-on-capital ratios measuring operating efficiency
Chemung Financial Corporation earns an operating margin of 14.2%, below the Financial Services sector average of 21.6%. Operating margins have compressed from 23.1% to 14.2% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 6.4% is modest, trailing the sector median of 9.4%. ROIC of 5.0% represents adequate returns on invested capital versus a sector median of 5.7%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 64.2% | 64.2% | 64.3% | 69.3% | 93.4% | 96.3% | 90.5% | 85.8% | 91.7% | 84.9% | 91.8% |
| Operating Margin | 14.2% | 14.2% | 20.1% | 23.1% | 36.2% | 36.8% | 27.5% | 22.1% | 27.2% | 18.4% | 18.8% |
| Net Profit Margin | 10.8% | 10.8% | 15.8% | 18.3% | 28.2% | 28.8% | 22.2% | 18.1% | 22.6% | 9.3% | 13.1% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 6.4% | 6.4% | 11.5% | 13.8% | 15.2% | 12.9% | 10.1% | 9.0% | 12.5% | 5.1% | 7.1% |
| ROA | 0.6% | 0.6% | 0.9% | 0.9% | 1.1% | 1.1% | 0.9% | 0.9% | 1.1% | 0.4% | 0.6% |
| ROIC | 5.0% | 5.0% | 7.9% | 9.3% | 10.9% | 11.3% | 8.8% | 7.8% | 9.0% | 5.4% | 5.6% |
| ROCE | 5.6% | 5.6% | 11.6% | 13.4% | 16.2% | 14.2% | 10.5% | 9.5% | 13.2% | 8.5% | 8.3% |
CHMG Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Chemung Financial Corporation carries a Debt/EBITDA ratio of 0.2x, which is very conservative (94% below the sector average of 4.1x). The company holds a net cash position — cash of $23M exceeds total debt of $5M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of just 0.4x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.02 | 0.02 | 0.55 | 0.21 | 0.64 | 0.12 | 0.06 | 0.07 | 0.03 | 0.50 | 0.29 |
| Debt / EBITDA | 0.25 | 0.25 | 3.69 | 1.19 | 2.65 | 0.69 | 0.40 | 0.52 | 0.15 | 3.85 | 2.11 |
| Net Debt / Equity | — | -0.07 | 0.33 | 0.02 | 0.30 | -0.01 | -0.49 | -0.60 | -0.76 | 0.29 | -0.23 |
| Net Debt / EBITDA | -0.89 | -0.89 | 2.23 | 0.12 | 1.25 | -0.04 | -3.47 | -4.67 | -4.52 | 2.26 | -1.67 |
| Debt / FCF | — | -8.81 | 2.73 | 0.13 | 1.44 | -0.04 | -3.51 | -4.30 | -4.83 | 1.96 | -1.60 |
| Interest Coverage | 0.44 | 0.44 | 0.56 | 0.82 | 5.06 | 9.87 | 5.99 | 3.01 | 5.80 | 4.79 | 3.76 |
Net cash position: cash ($23M) exceeds total debt ($5M)
CHMG Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.13x is below 1.0, meaning current liabilities exceed current assets. The current ratio has declined from 0.25x to 0.13x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.13 | 0.13 | 0.19 | 0.25 | 0.31 | 0.39 | 0.35 | 0.28 | 0.26 | 0.23 | 0.27 |
| Quick Ratio | 0.13 | 0.13 | 0.19 | 0.25 | 0.31 | 0.39 | 0.35 | 0.28 | 0.26 | 0.23 | 0.27 |
| Cash Ratio | 0.01 | 0.01 | 0.02 | 0.01 | 0.02 | 0.01 | 0.05 | 0.08 | 0.08 | 0.02 | 0.05 |
| Asset Turnover | — | 0.05 | 0.05 | 0.05 | 0.04 | 0.04 | 0.04 | 0.05 | 0.05 | 0.05 | 0.05 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
CHMG Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Chemung Financial Corporation returns 1.9% to shareholders annually primarily through dividends. The earnings yield of 4.5% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.9% | 2.4% | 3.2% | 2.5% | 2.7% | 2.4% | 3.1% | 2.4% | 2.5% | 2.1% | 2.8% |
| Payout Ratio | — | — | 31.1% | 23.4% | 20.1% | 20.1% | 26.0% | 32.2% | 25.3% | 66.2% | 48.6% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 4.5% | 5.6% | 10.2% | 10.6% | 13.4% | 12.1% | 11.8% | 7.6% | 9.8% | 4.5% | 5.8% |
| FCF Yield | 0.6% | 0.8% | 11.2% | 12.9% | 16.1% | 16.1% | 17.0% | 12.3% | 13.0% | 9.6% | 11.8% |
| Buyback Yield | 0.0% | 0.0% | 0.1% | 0.1% | 0.4% | 0.7% | 4.7% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 1.9% | 2.4% | 3.3% | 2.6% | 3.1% | 3.2% | 7.7% | 2.4% | 2.5% | 2.1% | 2.8% |
| Shares Outstanding | — | $5M | $5M | $5M | $5M | $5M | $5M | $5M | $5M | $5M | $5M |
Peer Comparison
Compare CHMG with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 CHMGYou | $331M | 22.0 | 15.7 | 163.6 | 64.2% | 14.2% | 6.4% | 5.0% | 0.2 |
 CZWI | $203M | 14.4 | 15.3 | 19.6 | 54.7% | 7.0% | 7.9% | 2.0% | 5.8 |
 FUNC | $248M | 12.1 | 11.5 | 12.2 | 68.8% | 24.4% | 12.1% | 5.9% | 6.1 |
 PBHC | $85M | -25.7 | — | 8.2 | 38.5% | -5.2% | -2.8% | -1.3% | — |
 CFFI | $252M | 9.3 | 10.7 | 11.4 | 69.5% | 17.8% | 11.0% | 6.8% | 3.5 |
 AROW | $612M | 14.0 | 11.1 | 16.9 | 65.3% | 22.8% | 10.6% | 9.3% | 0.5 |
 NBTB | $2B | 13.5 | 10.4 | 10.7 | 72.1% | 25.3% | 9.9% | 7.9% | 1.4 |
 STBA | $2B | 12.8 | 10.2 | 12.7 | 69.4% | 29.5% | 9.4% | 7.4% | 1.8 |
 FXNC | $253M | 14.3 | 6.1 | 12.0 | 74.0% | 19.6% | 10.0% | 7.7% | 1.9 |
 TRST | $858M | 14.9 | 11.1 | 18.8 | 67.1% | 29.2% | 9.0% | 7.2% | 2.1 |
 FIS | $24B | 63.0 | 7.7 | 10.0 | 36.9% | 16.5% | 2.6% | 6.0% | 1.1 |
| Financial Services Median | — | 13.1 | 11.5 | 10.6 | 63.6% | 21.6% | 9.4% | 5.7% | 4.1 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Start ComparisonCHMG — Frequently Asked Questions
Quick answers to the most common questions about buying CHMG stock.
What is Chemung Financial Corporation's P/E ratio?
Chemung Financial Corporation's current P/E ratio is 22.0x. The historical average is 13.3x. This places it at the 97th percentile of its historical range.
What is Chemung Financial Corporation's EV/EBITDA?
Chemung Financial Corporation's current EV/EBITDA is 15.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 9.3x.
What is Chemung Financial Corporation's ROE?
Chemung Financial Corporation's return on equity (ROE) is 6.4%. The historical average is 9.7%.
Is CHMG stock overvalued?
Based on historical data, Chemung Financial Corporation is trading at a P/E of 22.0x. This is at the 97th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Chemung Financial Corporation's dividend yield?
Chemung Financial Corporation's current dividend yield is 1.91%.
What are Chemung Financial Corporation's profit margins?
Chemung Financial Corporation has 64.2% gross margin and 14.2% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Chemung Financial Corporation have?
Chemung Financial Corporation's Debt/EBITDA ratio is 0.2x, indicating low leverage. A ratio below 2x is generally considered financially healthy.