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Creative Media & Community Trust Corporation (CMCT) 10-Year Financial Performance & Capital Metrics

CMCT • • REIT / Real Estate
Real EstateOffice REITsUrban CBD Office REITsMulti-Market Urban Office Operators
AboutCreative Media & Community Trust Corporation is a real estate investment trust that primarily acquires, owns, and operates Class A and creative office assets in vibrant and improving metropolitan communities throughout the United States (including improving and developing such assets). Its properties are primarily located in Los Angeles and the San Francisco Bay Area. Creative Media & Community Trust Corporation is operated by affiliates of CIM Group, L.P., a vertically-integrated owner and operator of real assets with multi-disciplinary expertise and in-house research, acquisition, credit analysis, development, finance, leasing, and onsite property management capabilities.Show more
  • Revenue $125M +4.4%
  • FFO $3M -38.9%
  • FFO/Share 15.00 -65.0%
  • FFO Payout 227.26% +23.0%
  • FFO per Share 15.00 -65.0%
  • NOI Margin 41.52% -4.5%
  • FFO Margin 2.05% -41.5%
  • ROE -7.15% +44.3%
  • ROA -2.83% +53.9%
  • Debt/Assets 56.85% +7.4%
  • Net Debt/EBITDA 11.22 +2.4%
  • Book Value/Share 1918.93 -50.3%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Trading at only 0.0x book value

✗Weaknesses

  • ✗FFO declining 637.7% TTM
  • ✗Dividend exceeds FFO - may not be sustainable
  • ✗Weak momentum: RS Rating 6 (bottom 6%)
  • ✗Shares diluted 74.6% in last year
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-6.96%
5Y-2.32%
3Y11.05%
TTM-11.37%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-84.94%

EPS CAGR

10Y-
5Y-
3Y-
TTM84.83%

ROCE

10Y Avg0.85%
5Y Avg0.85%
3Y Avg1.01%
Latest1.9%

Peer Comparison

Multi-Market Urban Office Operators
Select Columns
Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
Safety & Leverage
TTM Growth
Famous Investor Metrics
Dividends
Latest Quarter
Momentum & Returns
Total Return (DRIP)
Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
DEIDouglas Emmett, Inc.1.84B10.9784.38-3.33%2.22%0.63%9.22%1.51
CMCTCreative Media & Community Trust Corporation3.02M3.19-0.014.41%-37.27%-15.24%1.55
BDNBrandywine Realty Trust533.26M3.07-2.69-1.77%-38.38%-22%9.63%2.14
ELMEElme Communities273.3M3.10-20.676.15%-54.57%-14.82%34.77%0.65

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Revenue+268.43M265.93M236.38M197.72M139.99M77.21M90.93M101.91M119.26M124.51M
Revenue Growth %0.05%-0.01%-0.11%-0.16%-0.29%-0.45%0.18%0.12%0.17%0.04%
Property Operating Expenses133.18M124.7M101.58M80.17M68.11M43.28M43.24M54.38M67.41M72.81M
Net Operating Income (NOI)+----------
NOI Margin %----------
Operating Expenses+110.05M113.81M94.09M86.85M46.85M37.97M35.99M30.79M63.23M36.17M
G&A Expenses37.69M41.84M35.73M33.62M19.48M16.57M15.87M10.44M10.75M8.8M
EBITDA+73.39M229.28M187.28M193.78M51.64M16M31.89M37.24M41.28M43.26M
EBITDA Margin %----------
Depreciation & Amortization+72.36M236.58M194.78M163.07M26.61M20.04M20.19M20.5M52.67M27.73M
D&A / Revenue %----------
Operating Income+1.03M-7.31M-7.5M30.71M25.03M-4.04M11.7M16.74M-11.39M15.52M
Operating Margin %----------
Interest Expense+22.79M34.38M36.34M27.7M12.18M11.41M9.41M9.6M35.1M36.87M
Interest Coverage0.05x-0.21x-0.21x1.11x2.06x-0.35x1.24x1.74x-0.32x0.42x
Non-Operating Income-3.09M-36.03M-35.86M-27.82M-333.55M0143K59K3.74M3.6M
Pretax Income+4.12M32.36M381.13M2.07M346.4M-15.74M2.14M7.08M-50.23M-24.95M
Pretax Margin %----------
Income Tax+2.52M1.65M1.38M925K882K-722K2.99M1.13M1.23M798K
Effective Tax Rate %----------
Net Income+24.39M34.55M379.74M1.12M345.67M-15.02M-850K5.92M-48.48M-25.18M
Net Margin %----------
Net Income Growth %0%0.42%9.99%-1%307.36%-1.04%0.94%7.96%-9.19%0.48%
Funds From Operations (FFO)+----------
FFO Margin %----------
FFO Growth %0.04%1.8%1.12%-0.71%1.27%-0.99%2.85%0.37%-0.84%-0.39%
FFO per Share+----------
FFO Payout Ratio %----------
EPS (Diluted)+174.03264.533807.77-229.724580.46-526.73-254.86-272.02-775.50-430.25
EPS Growth %0%0.52%13.39%-1.06%20.94%-1.11%0.52%-0.07%-1.85%0.45%
EPS (Basic)174.03264.533807.77-229.725130.39-526.73-254.86-272.02-775.50-430.25
Diluted Shares Outstanding140.19K131.19K99.22K62.91K71.08K63.56K78.29K94.48K97.64K170.44K

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Assets+2.1B2.02B1.34B1.34B667.59M685.62M660.87M690.25M891.2M889.55M
Asset Growth %0%-0.04%-0.34%0%-0.5%0.03%-0.04%0.04%0.29%-0%
Real Estate & Other Assets+1.71B1.63B34.8M16.44M-7.35M-6.5M508.93M512.06M718.95M718.99M
PP&E (Net)1.69B1.61B957.73M1.04B000000
Investment Securities-1000K-1000K1000K1000K0001000K1000K1000K
Total Current Assets+374.96M379.2M335.75M273.74M00146.69M161.35M134.8M133.32M
Cash & Equivalents124.64M144.45M129.31M54.93M35.95M43.65M22.31M46.19M19.29M20.26M
Receivables1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Other Current Assets109.97M107.9M27.01M44.69M-39.47M-65.86M11.34M11.29M24.94M32.61M
Intangible Assets17.35M17.62M6.38M9.53M005.25M4.46M3.95M3.57M
Total Liabilities800.83M1.05B681.76M689.39M352.56M361.67M249.53M312.52M514.43M562.49M
Total Debt+662.95M967.89M630.85M588.67M414.7M322.63M201.15M184.27M471.56M505.73M
Net Debt538.31M823.44M501.54M533.74M378.76M278.98M178.83M138.08M452.27M485.47M
Long-Term Debt662.95M967.89M630.85M588.67M302.88M319.76M201.15M184.27M430.17M477.88M
Short-Term Borrowings00001000K1000K001000K1000K
Capital Lease Obligations6.09M3.58M1.07M2.87M107.28M587K0000
Total Current Liabilities+102.26M49.35M35.21M81.31M38.28M28.74M31.29M110.38M71.28M74.13M
Accounts Payable42.12M39.16M26.39M41.6M0026.75M107.22M26.43M32.2M
Deferred Revenue0-5.64M-630.85M-588.67M000000
Other Liabilities64.98M37.63M21.53M27.16M-410.16M-320.35M17.1M17.88M12.98M10.49M
Total Equity+1.3B968.01M654.63M653.01M315.04M323.95M411.33M377.73M376.77M327.06M
Equity Growth %-0.05%-0.25%-0.32%-0%-0.52%0.03%0.27%-0.08%-0%-0.13%
Shareholders Equity1.3B967.1M653.74M652.17M314.53M323.5M410.99M377.36M374.4M325.31M
Minority Interest937K912K890K837K505K455K345K373K2.37M1.75M
Common Stock98K84K44K44K15K15K24K23K23K119K
Additional Paid-in Capital1.82B1.57B792.63M790.35M794.83M794.13M866.75M861.72M852.48M994.97M
Retained Earnings-521.62M-599.97M-399.25M-436.88M-740.62M-778.52M-804.23M-837.85M-921.92M-1B
Preferred Stock01.43M258.68M296.85M260.31M307.87M348.44M353.46M443.83M332.7M
Return on Assets (ROA)0.01%0.02%0.23%0%0.34%-0.02%-0%0.01%-0.06%-0.03%
Return on Equity (ROE)0.02%0.03%0.47%0%0.71%-0.05%-0%0.01%-0.13%-0.07%
Debt / Assets0.32%0.48%0.47%0.44%0.62%0.47%0.3%0.27%0.53%0.57%
Debt / Equity0.51x1.00x0.96x0.90x1.32x1.00x0.49x0.49x1.25x1.55x
Net Debt / EBITDA7.33x3.59x2.68x2.75x7.33x17.43x5.61x3.71x10.96x11.22x
Book Value per Share9254.347378.446597.7510380.364432.265096.945253.673997.903858.761918.93

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+77.03M51.87M-1.15M60.15M40.98M12.83M46.28M32.41M12M17.03M
Operating CF Growth %0.15%-0.33%-1.02%53.53%-0.32%-0.69%2.61%-0.3%-0.63%0.42%
Operating CF / Revenue %----------
Net Income24.4M34.56M379.76M1.14M345.52M-15.02M-851K5.95M-51.46M-25.75M
Depreciation & Amortization72.36M71.97M58.36M53.23M27.37M21.09M20.19M20.5M52.67M27.73M
Stock-Based Compensation971K164K154K162K194K222K220K202K183K220K
Other Non-Cash Items-12.81M-37.53M-390.67M3.35M-321.75M5.23M14.47M2.94M5.7M5.85M
Working Capital Changes-8.02M-17.46M-49.02M2.27M-10.27M2.3M12.18M2.83M4.86M9.01M
Cash from Investing+64.27M29.53M968.66M-131.73M917.19M-38.32M-12.7M-22.27M-88.69M-22.29M
Acquisitions (Net)110K000455K38.37M0-12.38M-14.28M-978K
Purchase of Investments-37.76M-60.56M-59.81M-142.68M-268.19M-46.26M0000
Sale of Investments1000K1000K1000K1000K1000K1000K0000
Other Investing90.89M64.94M989.76M-119.68M258.23M-23.59M-8.65M-1.08M-61.09M1.95M
Cash from Financing+-28.29M-77.52M-982.65M-6.54M-1B33.2M-43.58M13.69M63.45M13.9M
Dividends Paid-85.39M-77.32M-43.45M-25.64M-35.3M-20.97M-22.02M-31.98M-37.23M-31.39M
Common Dividends-85.39M-77.32M-43.2M-23.47M-626.43M-4.43M-3.98M-7.66M-7.73M-5.81M
Debt Issuance (Net)1000K1000K-1000K-1000K-1000K1000K-1000K-1000K1000K1000K
Share Repurchases0-290.13M-886.04M-113K0-2.08M0-4.71M00
Other Financing-3.53M-3.99M-4.06M-5.61M-877.05M-1.95M-3.16M-4.51M-4.11M-6.12M
Net Change in Cash+107.02M5.35M-15.14M-78.88M-41.22M7.7M-10M23.83M-13.25M8.64M
Exchange Rate Effect-1000K1000K0-755K755K00000
Cash at Beginning17.61M139.1M144.45M156.32M77.17M35.95M43.65M33.65M57.48M44.23M
Cash at End124.64M144.45M129.31M77.44M35.95M43.65M33.65M57.48M44.23M52.87M
Free Cash Flow+50.42M16.46M-22.25M48.09M16.39M-1.9M42.23M23.59M-1.33M-6.24M
FCF Growth %0.2%-0.67%-2.35%3.16%-0.66%-1.12%23.18%-0.44%-1.06%-3.69%
FCF / Revenue %----------

Key Ratios

Metric2015201620172018201920202021202220232024
FFO per Share690.172.07K5.79K2.61K5.24K79.09246.99279.5842.8515
FFO Payout Ratio88.25%28.52%7.52%14.29%168.27%88.14%20.58%28.99%184.8%227.26%
NOI Margin50.39%53.11%57.02%59.45%51.35%43.95%52.44%46.64%43.47%41.52%
Net Debt / EBITDA7.33x3.59x2.68x2.75x7.33x17.43x5.61x3.71x10.96x11.22x
Debt / Assets31.6%47.85%47.21%43.85%62.12%47.06%30.44%26.7%52.91%56.85%
Interest Coverage0.05x-0.21x-0.21x1.11x2.06x-0.35x1.24x1.74x-0.32x0.42x
Book Value / Share9.25K7.38K6.6K10.38K4.43K5.1K5.25K4K3.86K1.92K
Revenue Growth4.79%-0.93%-11.11%-16.35%-29.2%-44.85%17.77%12.08%17.03%4.41%

Revenue by Segment

2015201620172018201920202021202220232024
Office Properties188.27M187.44M174M--55.47M53.29M55.93M55.03M54.28M
Office Properties Growth--0.44%-7.17%----3.93%4.95%-1.60%-1.36%
Hotel Properties61.44M48.38M38.59M--13.31M17.85M35.21M41.1M39.41M
Hotel Properties Growth--21.25%-20.24%---34.06%97.28%16.71%-4.11%
Lending Division-9.81M10.22M--8.32M19.79M10.77M11.46M10.76M
Lending Division Growth--4.15%---137.77%-45.60%6.44%-6.13%
Hotel Income---38.79M38.75M-----
Hotel Income Growth-----0.11%-----
Rental and Other Property Income---2.92M2.95M-----
Rental and Other Property Income Growth----0.86%-----
Interest And Other Income---195K168K-----
Interest And Other Income Growth-----13.85%-----
Multi Family Properties18.72M20.3M13.57M-------
Multi Family Properties Growth-8.45%-33.18%-------

Frequently Asked Questions

Growth & Financials

Creative Media & Community Trust Corporation (CMCT) reported $115.7M in revenue for fiscal year 2024. This represents a 620% increase from $16.1M in 2011.

Creative Media & Community Trust Corporation (CMCT) grew revenue by 4.4% over the past year. Growth has been modest.

Creative Media & Community Trust Corporation (CMCT) reported a net loss of $43.1M for fiscal year 2024.

Dividend & Returns

Yes, Creative Media & Community Trust Corporation (CMCT) pays a dividend with a yield of 100.00%. This makes it attractive for income-focused investors.

Creative Media & Community Trust Corporation (CMCT) has a return on equity (ROE) of -7.2%. Negative ROE indicates the company is unprofitable.

Industry Metrics

Creative Media & Community Trust Corporation (CMCT) generated Funds From Operations (FFO) of $-14.7M in the trailing twelve months. FFO is the primary profitability metric for REITs.

Creative Media & Community Trust Corporation (CMCT) offers a 100.00% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.

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