CHIMERA INVESTMENT CORP (CIM) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CIM - US16934Q8024 - REIT
12.95 USD
+0.1 (+0.78%)
12.95 USD
0 (0%)
Overall CIM gets a fundamental rating of 4 out of 10. We evaluated CIM against 69 industry peers in the Mortgage Real Estate Investment Trusts (REITs)" industry. CIM has a bad profitability rating. Also its financial health evaluation is rather negative. CIM may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
In the past year CIM was profitable.
CIM had a negative operating cash flow in the past year.
CIM had positive earnings in 4 of the past 5 years.
CIM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CIM has a Return On Assets of -0.20%. This is in the lower half of the industry: CIM underperforms 66.67% of its industry peers.
The Return On Equity of CIM (-1.18%) is worse than 66.67% of its industry peers.
CIM has a better Return On Invested Capital (0.83%) than 72.46% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CIM is in line with the industry average of 1.23%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.2% | ||
| ROE | -1.18% | ||
| ROIC | 0.83% |
ROA(3y)-1.1%
ROA(5y)0.13%
ROE(3y)-5.46%
ROE(5y)0%
ROIC(3y)1.06%
ROIC(5y)1.7%
1.3 Margins
CIM's Profit Margin has declined in the last couple of years.
CIM has a better Operating Margin (18.08%) than 71.01% of its industry peers.
In the last couple of years the Operating Margin of CIM has declined.
With a decent Gross Margin value of 33.41%, CIM is doing good in the industry, outperforming 69.57% of the companies in the same industry.
CIM's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.08% | ||
| PM (TTM) | N/A | ||
| GM | 33.41% |
OM growth 3Y-27.82%
OM growth 5Y-11.26%
PM growth 3Y-41.81%
PM growth 5Y-13.49%
GM growth 3Y-21.29%
GM growth 5Y-6.24%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CIM is destroying value.
Compared to 1 year ago, CIM has more shares outstanding
Compared to 5 years ago, CIM has more shares outstanding
The debt/assets ratio for CIM has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of -0.50, we must say that CIM is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of -0.50, CIM is doing worse than 65.22% of the companies in the same industry.
CIM has a Debt/Equity ratio of 4.27. This is a high value indicating a heavy dependency on external financing.
CIM has a Debt to Equity ratio (4.27) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.27 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.5 |
ROIC/WACC0.17
WACC4.92%
2.3 Liquidity
CIM has a Current Ratio of 0.12. This is a bad value and indicates that CIM is not financially healthy enough and could expect problems in meeting its short term obligations.
CIM has a Current ratio (0.12) which is in line with its industry peers.
CIM has a Quick Ratio of 0.12. This is a bad value and indicates that CIM is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.12, CIM is in line with its industry, outperforming 40.58% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.12 | ||
| Quick Ratio | 0.12 |
3. Growth
3.1 Past
CIM shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 4.05%.
CIM shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -26.31% yearly.
The Revenue has been growing slightly by 5.28% in the past year.
The Revenue for CIM have been decreasing by -11.37% on average. This is quite bad
EPS 1Y (TTM)4.05%
EPS 3Y-35.1%
EPS 5Y-26.31%
EPS Q2Q%2.78%
Revenue 1Y (TTM)5.28%
Revenue growth 3Y-8.39%
Revenue growth 5Y-11.37%
Sales Q2Q%-2.17%
3.2 Future
The Earnings Per Share is expected to grow by 20.03% on average over the next years. This is a very strong growth
Based on estimates for the next years, CIM will show a quite strong growth in Revenue. The Revenue will grow by 10.51% on average per year.
EPS Next Y28.44%
EPS Next 2Y26.96%
EPS Next 3Y20.03%
EPS Next 5YN/A
Revenue Next Year13.65%
Revenue Next 2Y15.78%
Revenue Next 3Y10.51%
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
A Price/Earnings ratio of 8.41 indicates a reasonable valuation of CIM.
78.26% of the companies in the same industry are more expensive than CIM, based on the Price/Earnings ratio.
CIM's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.46.
A Price/Forward Earnings ratio of 5.50 indicates a rather cheap valuation of CIM.
Based on the Price/Forward Earnings ratio, CIM is valued cheaper than 89.86% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 36.10. CIM is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.41 | ||
| Fwd PE | 5.5 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CIM is valued cheaper than 84.06% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 55.18 |
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.
A more expensive valuation may be justified as CIM's earnings are expected to grow with 20.03% in the coming years.
PEG (NY)0.3
PEG (5Y)N/A
EPS Next 2Y26.96%
EPS Next 3Y20.03%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 11.55%, CIM is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 13.00, CIM is paying slightly less dividend.
CIM's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.55% |
5.2 History
The dividend of CIM decreases each year by -17.33%.
CIM has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-17.33%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
The earnings of CIM are negative and hence is the payout ratio. CIM will probably not be able to sustain this dividend level.
DP-682.63%
EPS Next 2Y26.96%
EPS Next 3Y20.03%
12.95
+0.1 (+0.78%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Earnings (Last)
Earnings (Next)
Inst Owners56.96%
Inst Owner Change0.06%
Ins Owners1.68%
Ins Owner Change0.92%
Market Cap1.08B
Revenue(TTM)791.98M
Net Income(TTM)-30.31M
Analysts72.5
Price Target15.81 (22.08%)
Short Float %3.02%
Short Ratio3.36
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.55% |
Yearly Dividend2.77
Dividend Growth(5Y)-17.33%
DP-682.63%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-18.19%
Min EPS beat(2)-20.93%
Max EPS beat(2)-15.44%
EPS beat(4)0
Avg EPS beat(4)-18.38%
Min EPS beat(4)-21.72%
Max EPS beat(4)-15.43%
EPS beat(8)0
Avg EPS beat(8)-20.42%
EPS beat(12)0
Avg EPS beat(12)-24.36%
EPS beat(16)2
Avg EPS beat(16)-17.42%
Revenue beat(2)0
Avg Revenue beat(2)-21.8%
Min Revenue beat(2)-24.11%
Max Revenue beat(2)-19.49%
Revenue beat(4)0
Avg Revenue beat(4)-17.34%
Min Revenue beat(4)-24.11%
Max Revenue beat(4)-9.79%
Revenue beat(8)0
Avg Revenue beat(8)-14.15%
Revenue beat(12)1
Avg Revenue beat(12)-10.59%
Revenue beat(16)5
Avg Revenue beat(16)3.25%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)-0.65%
EPS NQ rev (3m)9.35%
EPS NY rev (1m)0%
EPS NY rev (3m)2.58%
Revenue NQ rev (1m)-0.1%
Revenue NQ rev (3m)7.12%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.84%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.41 | ||
| Fwd PE | 5.5 | ||
| P/S | 1.36 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.42 | ||
| P/tB | 0.42 | ||
| EV/EBITDA | 55.18 |
EPS(TTM)1.54
EY11.89%
EPS(NY)2.35
Fwd EY18.17%
FCF(TTM)-1.16
FCFYN/A
OCF(TTM)-0.7
OCFYN/A
SpS9.52
BVpS30.92
TBVpS30.92
PEG (NY)0.3
PEG (5Y)N/A
Graham Number32.73
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.2% | ||
| ROE | -1.18% | ||
| ROCE | 1.65% | ||
| ROIC | 0.83% | ||
| ROICexc | 0.87% | ||
| ROICexgc | 0.88% | ||
| OM | 18.08% | ||
| PM (TTM) | N/A | ||
| GM | 33.41% | ||
| FCFM | N/A |
ROA(3y)-1.1%
ROA(5y)0.13%
ROE(3y)-5.46%
ROE(5y)0%
ROIC(3y)1.06%
ROIC(5y)1.7%
ROICexc(3y)1.07%
ROICexc(5y)1.73%
ROICexgc(3y)1.08%
ROICexgc(5y)1.74%
ROCE(3y)1.76%
ROCE(5y)2.84%
ROICexgc growth 3Y-27.85%
ROICexgc growth 5Y-7.12%
ROICexc growth 3Y-27.99%
ROICexc growth 5Y-7.16%
OM growth 3Y-27.82%
OM growth 5Y-11.26%
PM growth 3Y-41.81%
PM growth 5Y-13.49%
GM growth 3Y-21.29%
GM growth 5Y-6.24%
F-Score3
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.27 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 76.53 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 0.28 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.12 | ||
| Quick Ratio | 0.12 | ||
| Altman-Z | -0.5 |
F-Score3
WACC4.92%
ROIC/WACC0.17
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)4.05%
EPS 3Y-35.1%
EPS 5Y-26.31%
EPS Q2Q%2.78%
EPS Next Y28.44%
EPS Next 2Y26.96%
EPS Next 3Y20.03%
EPS Next 5YN/A
Revenue 1Y (TTM)5.28%
Revenue growth 3Y-8.39%
Revenue growth 5Y-11.37%
Sales Q2Q%-2.17%
Revenue Next Year13.65%
Revenue Next 2Y15.78%
Revenue Next 3Y10.51%
Revenue Next 5YN/A
EBIT growth 1Y-11.4%
EBIT growth 3Y-33.87%
EBIT growth 5Y-21.34%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-146.25%
FCF growth 3Y-26.56%
FCF growth 5Y25.89%
OCF growth 1Y-127.91%
OCF growth 3Y-26.56%
OCF growth 5Y25.89%
CHIMERA INVESTMENT CORP / CIM FAQ
Can you provide the ChartMill fundamental rating for CHIMERA INVESTMENT CORP?
ChartMill assigns a fundamental rating of 4 / 10 to CIM.
What is the valuation status of CHIMERA INVESTMENT CORP (CIM) stock?
ChartMill assigns a valuation rating of 7 / 10 to CHIMERA INVESTMENT CORP (CIM). This can be considered as Undervalued.
Can you provide the profitability details for CHIMERA INVESTMENT CORP?
CHIMERA INVESTMENT CORP (CIM) has a profitability rating of 3 / 10.
What are the PE and PB ratios of CHIMERA INVESTMENT CORP (CIM) stock?
The Price/Earnings (PE) ratio for CHIMERA INVESTMENT CORP (CIM) is 8.41 and the Price/Book (PB) ratio is 0.42.
What is the financial health of CHIMERA INVESTMENT CORP (CIM) stock?
The financial health rating of CHIMERA INVESTMENT CORP (CIM) is 1 / 10.