Cherry Hill Mortgage Investment Corporation (CHMI) Financial Ratios
14 years of historical data (2012–2025) · Real Estate · REIT - Mortgage
EV/EBITDA
22.26
↑+24% vs avg
5yr avg: 17.92
30Y Low17.9·High17.9
P/FCF
↓
N/A
—
5yr avg: 3.93
30Y Low2.6·High18.8
P/B Ratio
↓
N/A
—
5yr avg: 0.43
30Y Low0.3·High0.9
ROE
↓
2.9%
↓+119% vs avg
5yr avg: 1.3%
30Y Low-15%·High26%
Debt/EBITDA
21.77
+0% vs avg
5yr avg: 21.77
30Y Low21.8·High21.8
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
CHMI Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Cherry Hill Mortgage Investment Corporation currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $84M | $-171541050 | $82M | $106M | $115M | $143M | $154M | $245M | $257M | $206M | $137M |
| Enterprise Value | $1.3B | $1.1B | $186M | $223M | $241M | $225M | $182M | $2.7B | $2.0B | $1.9B | $717M |
| P/E Ratio → | -22.90 | — | 38.65 | — | 9.67 | 59.07 | — | — | 6.91 | 4.52 | 5.51 |
| P/S Ratio | 0.80 | -1.63 | 2.36 | — | 2.86 | 5.10 | — | — | 5.24 | 3.63 | 4.29 |
| P/B Ratio | — | — | 0.35 | 0.41 | 0.43 | 0.51 | 0.49 | 0.61 | 0.71 | 0.64 | 0.88 |
| P/FCF | — | — | — | 2.61 | 5.25 | — | 18.75 | — | — | — | 7.18 |
| P/OCF | — | — | — | 2.61 | 1.92 | 2.99 | 2.52 | 3.51 | 4.04 | 5.12 | 3.97 |
P/E links to full P/E history page with 30-year chart
CHMI EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Cherry Hill Mortgage Investment Corporation's enterprise value stands at 22.3x EBITDA, 24% above its 5-year average of 17.9x. The Real Estate sector median is 17.0x, placing the stock at a 31% 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 | — | 10.02 | 5.39 | — | 6.01 | 7.99 | — | — | 40.31 | 32.68 | 22.45 |
| EV / EBITDA | 22.26 | 17.92 | — | — | — | — | — | — | 118.89 | — | — |
| EV / EBIT | 22.26 | 17.92 | — | — | — | — | — | — | 36.97 | 27.09 | 21.39 |
| EV / FCF | — | — | — | 5.48 | 11.03 | — | 22.09 | — | — | — | 37.60 |
CHMI Profitability
Margins and return-on-capital ratios measuring operating efficiency
Cherry Hill Mortgage Investment Corporation earns an operating margin of 55.9%, significantly above the Real Estate sector average of 24.8%. ROE of 2.9% is modest. ROIC of 4.9% represents below-average returns on invested capital.
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 | 91.2% | 91.2% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 8.0% | 89.8% | 92.0% |
| Operating Margin | 55.9% | 55.9% | — | — | — | — | — | — | -8.0% | -6.7% | -10.3% |
| Net Profit Margin | 6.5% | 6.5% | 34.6% | 164.1% | 54.1% | 43.7% | 92.5% | 105.5% | 76.0% | 83.4% | 77.8% |
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 | 2.9% | 2.9% | 4.9% | -13.3% | 8.0% | 4.2% | -14.7% | -13.1% | 10.9% | 19.8% | 16.1% |
| ROA | 0.5% | 0.5% | 0.8% | -2.5% | 1.6% | 0.8% | -2.3% | -2.0% | 1.8% | 3.3% | 3.5% |
| ROIC | 4.9% | 4.9% | — | — | — | — | — | — | -0.1% | -0.2% | -0.4% |
| ROCE | 16.1% | 16.1% | — | — | — | — | — | — | -0.9% | -1.4% | -1.9% |
CHMI Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Cherry Hill Mortgage Investment Corporation carries a Debt/EBITDA ratio of 21.8x, which is highly leveraged (175% above the sector average of 7.9x). Net debt stands at $1.2B ($1.3B total debt minus $55M cash). Interest coverage of just 1.2x 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 | 5.38 | 5.38 | 0.65 | 0.66 | 0.69 | 0.52 | 0.36 | 6.30 | 4.84 | 5.29 | 3.96 |
| Debt / EBITDA | 21.77 | 21.77 | — | — | — | — | — | — | 105.84 | — | — |
| Net Debt / Equity | — | 5.15 | 0.45 | 0.45 | 0.48 | 0.29 | 0.09 | 6.07 | 4.73 | 5.12 | 3.72 |
| Net Debt / EBITDA | 20.83 | 20.83 | — | — | — | — | — | — | 103.43 | — | — |
| Debt / FCF | — | — | — | 2.86 | 5.79 | — | 3.34 | — | — | — | 30.42 |
| Interest Coverage | 1.18 | 1.18 | — | — | — | — | — | — | 1.55 | 3.45 | 4.29 |
CHMI Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.07x is below 1.0, meaning current liabilities exceed current assets.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.07 | 0.07 | — | — | — | — | — | 0.06 | 0.05 | 0.05 | 0.10 |
| Quick Ratio | 0.07 | 0.07 | — | — | — | — | — | 0.06 | 0.05 | 0.05 | 0.10 |
| Cash Ratio | 0.05 | 0.05 | — | — | — | — | — | 0.04 | 0.02 | 0.03 | 0.06 |
| Asset Turnover | — | 0.07 | 0.02 | -0.02 | 0.03 | 0.02 | -0.04 | -0.02 | 0.02 | 0.03 | 0.04 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
CHMI Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Cherry Hill Mortgage Investment Corporation does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
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 | — | — | 34.5% | 29.4% | 26.8% | 19.8% | 20.9% | 0.2% | 0.1% | 0.2% | 0.2% |
| Payout Ratio | 419.7% | 419.7% | 235.3% | — | 141.8% | 231.7% | — | — | 1.0% | 0.7% | 1.0% |
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 | — | — | 2.6% | — | 10.3% | 1.7% | — | — | 14.5% | 22.1% | 18.1% |
| FCF Yield | — | — | — | 38.3% | 19.1% | — | 5.3% | — | — | — | 13.9% |
| Buyback Yield | 0.0% | — | 0.0% | 0.0% | 0.0% | 0.2% | 1.1% | 1.4% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.0% | — | 34.5% | 29.4% | 26.8% | 20.0% | 22.1% | 1.7% | 0.1% | 0.2% | 0.2% |
| Shares Outstanding | — | $-67271000 | $31M | $26M | $20M | $17M | $17M | $17M | $15M | $11M | $8M |
Peer Comparison
Compare CHMI 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 |
|---|---|---|---|---|---|---|---|---|---|
 CHMIYou | $84M | -22.9 | 22.3 | — | 91.2% | 55.9% | 2.9% | 4.9% | 21.8 |
 AGNC | $12B | 7.1 | 2.1 | 17.9 | 100.0% | 236.3% | 15.1% | 33.8% | 0.0 |
 NLY | $16B | 7.6 | 18.3 | — | 99.9% | 102.6% | 14.1% | 6.4% | 16.3 |
 TWO | $1B | -2.8 | 197.7 | 14.4 | 97.9% | 68.7% | -23.2% | 3.1% | 188.0 |
 EARN | $164M | 18.2 | 97.9 | 18.0 | 31.3% | 14.0% | 4.0% | 0.7% | 79.3 |
 MITT | $248M | 8.7 | 18.2 | 4.2 | 94.7% | 96.9% | 8.8% | 4.5% | 17.9 |
 MFA | $956M | 5.6 | 17.0 | 12.5 | 96.2% | 78.8% | 9.6% | 4.4% | 15.9 |
 IVR | $568M | 5.2 | 19.1 | 3.6 | 96.7% | 94.5% | 13.3% | 4.0% | 17.5 |
 DX | $2B | 5.2 | 20.2 | 16.1 | 100.0% | 138.4% | 17.5% | 4.8% | 18.8 |
 ORC | $1B | 5.3 | 22.6 | 8.3 | 97.8% | 88.6% | 15.6% | 2.1% | 22.0 |
 PMT | $865M | 10.0 | 209.8 | — | 15.4% | 9.1% | 6.7% | 0.4% | 203.5 |
| Real Estate Median | — | 24.1 | 17.0 | 15.4 | 49.3% | 24.8% | 3.7% | 2.7% | 7.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 14 years · Updated daily
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Check Valuation
Historical Returns
10-year return with dividends reinvested.
Calculate
DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
Compare
CHMI — Frequently Asked Questions
Quick answers to the most common questions about buying CHMI stock.
What is Cherry Hill Mortgage Investment Corporation's P/E ratio?
Cherry Hill Mortgage Investment Corporation's current P/E ratio is -22.9x. The historical average is 22.0x.
What is Cherry Hill Mortgage Investment Corporation's EV/EBITDA?
Cherry Hill Mortgage Investment Corporation's current EV/EBITDA is 22.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 17.9x.
What is Cherry Hill Mortgage Investment Corporation's ROE?
Cherry Hill Mortgage Investment Corporation's return on equity (ROE) is 2.9%. The historical average is 4.8%.
Is CHMI stock overvalued?
Based on historical data, Cherry Hill Mortgage Investment Corporation is trading at a P/E of -22.9x. Compare with industry peers and growth rates for a complete picture.
What are Cherry Hill Mortgage Investment Corporation's profit margins?
Cherry Hill Mortgage Investment Corporation has 91.2% gross margin and 55.9% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Cherry Hill Mortgage Investment Corporation have?
Cherry Hill Mortgage Investment Corporation's Debt/EBITDA ratio is 21.8x, indicating high leverage. A ratio above 4x may signal elevated financial risk.