CHIMERA INVESTMENT CORP (CIM)
US16934Q8024 - REIT
CIM gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 64 industry peers in the Mortgage Real Estate Investment Trusts (REITs)" industry. There are concerns on the financial health of CIM while its profitability can be described as average. CIM is valued quite cheap, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
CIM had positive earnings in the past year.
In the past year CIM had a positive cash flow from operations.
Of the past 5 years CIM 4 years were profitable.
In the past 5 years CIM always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of CIM (1.98%) is better than 92.19% of its industry peers.
With an excellent Return On Equity value of 9.89%, CIM belongs to the best of the industry, outperforming 81.25% of the companies in the same industry.
CIM has a better Return On Invested Capital (0.95%) than 68.75% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CIM is in line with the industry average of 1.54%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.98% | ||
| ROE | 9.89% | ||
| ROIC | 0.95% |
ROA(3y)-0.03%
ROA(5y)0.25%
ROE(3y)-1.33%
ROE(5y)1%
ROIC(3y)1.63%
ROIC(5y)1.8%
1.3 Margins
CIM's Profit Margin of 35.98% is amongst the best of the industry. CIM outperforms 93.75% of its industry peers.
CIM's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 21.48%, CIM is in the better half of the industry, outperforming 73.44% of the companies in the same industry.
CIM's Operating Margin has declined in the last couple of years.
CIM has a Gross Margin of 30.03%. This is comparable to the rest of the industry: CIM outperforms 42.19% of its industry peers.
In the last couple of years the Gross Margin of CIM has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.48% | ||
| PM (TTM) | 35.98% | ||
| GM | 30.03% |
OM growth 3Y-30.3%
OM growth 5Y-16.13%
PM growth 3Y77.53%
PM growth 5Y-24.62%
GM growth 3Y-20.61%
GM growth 5Y-9.1%
2. Health
2.1 Basic Checks
Compared to 1 year ago, CIM has more shares outstanding
The number of shares outstanding for CIM has been increased compared to 5 years ago.
Compared to 1 year ago, CIM has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of -0.32, 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 -0.32, CIM is doing worse than 60.94% of the companies in the same industry.
The Debt to FCF ratio of CIM is 54.01, which is on the high side as it means it would take CIM, 54.01 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of CIM (54.01) is comparable to the rest of the industry.
A Debt/Equity ratio of 3.93 is on the high side and indicates that CIM has dependencies on debt financing.
With a Debt to Equity ratio value of 3.93, CIM perfoms like the industry average, outperforming 56.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.93 | ||
| Debt/FCF | 54.01 | ||
| Altman-Z | -0.32 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.05 indicates that CIM may have some problems paying its short term obligations.
The Current ratio of CIM (0.05) is worse than 79.69% of its industry peers.
CIM has a Quick Ratio of 0.05. 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 0.05, CIM is doing worse than 79.69% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.05 | ||
| Quick Ratio | 0.05 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 0.68% over the past year.
Measured over the past years, CIM shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -26.33% on average per year.
The Revenue has been growing slightly by 7.15% in the past year.
The Revenue for CIM have been decreasing by -10.21% on average. This is quite bad
EPS 1Y (TTM)0.68%
EPS 3Y-30.36%
EPS 5Y-26.33%
EPS Q2Q%-7.69%
Revenue 1Y (TTM)7.15%
Revenue growth 3Y-14.75%
Revenue growth 5Y-10.21%
Sales Q2Q%4.82%
3.2 Future
CIM is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.50% yearly.
CIM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.86% yearly.
EPS Next Y16.84%
EPS Next 2Y5.83%
EPS Next 3Y6.5%
EPS Next 5YN/A
Revenue Next Year-0.48%
Revenue Next 2Y5.26%
Revenue Next 3Y4.86%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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 9.72 indicates a reasonable valuation of CIM.
67.19% of the companies in the same industry are more expensive than CIM, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.73. CIM is valued rather cheaply when compared to this.
CIM is valuated reasonably with a Price/Forward Earnings ratio of 8.39.
Based on the Price/Forward Earnings ratio, CIM is valued a bit cheaper than the industry average as 64.06% of the companies are valued more expensively.
CIM's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.72 | ||
| Fwd PE | 8.39 |
4.2 Price Multiples
CIM's Price/Free Cash Flow ratio is rather cheap when compared to the industry. CIM is cheaper than 84.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.84 | ||
| 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.
The decent profitability rating of CIM may justify a higher PE ratio.
PEG (NY)0.58
PEG (5Y)N/A
EPS Next 2Y5.83%
EPS Next 3Y6.5%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 9.89%, CIM is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 12.60, CIM is paying slightly less dividend.
CIM's Dividend Yield is rather good when compared to the S&P500 average which is at 2.24.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.89% |
5.2 History
The dividend of CIM decreases each year by -13.82%.
CIM has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)-13.82%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
CIM pays out 79.10% of its income as dividend. This is not a sustainable payout ratio.
DP79.1%
EPS Next 2Y5.83%
EPS Next 3Y6.5%
CHIMERA INVESTMENT CORP
NYSE:CIM (12/20/2024, 8:04:00 PM)
After market: 14.38 0 (0%)14.38
+0.27 (+1.91%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Earnings (Last)
Earnings (Next)
Inst Owners79.35%
Inst Owner Change70.66%
Ins Owners8.43%
Ins Owner Change2.58%
Market Cap1.16B
Analysts50
Price Target16.32 (13.49%)
Short Float %2.03%
Short Ratio3.26
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.89% |
Dividend Growth(5Y)-13.82%
DP79.1%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-16.46%
Min EPS beat(2)-19.72%
Max EPS beat(2)-13.19%
EPS beat(4)0
Avg EPS beat(4)-22.47%
Min EPS beat(4)-30.92%
Max EPS beat(4)-13.19%
EPS beat(8)0
Avg EPS beat(8)-27.35%
EPS beat(12)2
Avg EPS beat(12)-17.1%
EPS beat(16)5
Avg EPS beat(16)-7.64%
Revenue beat(2)0
Avg Revenue beat(2)-8.57%
Min Revenue beat(2)-10.56%
Max Revenue beat(2)-6.57%
Revenue beat(4)0
Avg Revenue beat(4)-10.97%
Min Revenue beat(4)-18.89%
Max Revenue beat(4)-6.57%
Revenue beat(8)1
Avg Revenue beat(8)-7.22%
Revenue beat(12)5
Avg Revenue beat(12)10.12%
Revenue beat(16)9
Avg Revenue beat(16)31.42%
PT rev (1m)-1.54%
PT rev (3m)5.79%
EPS NQ rev (1m)0.43%
EPS NQ rev (3m)-0.95%
EPS NY rev (1m)-0.23%
EPS NY rev (3m)17.61%
Revenue NQ rev (1m)0.14%
Revenue NQ rev (3m)3.66%
Revenue NY rev (1m)-1.68%
Revenue NY rev (3m)-1.69%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.72 | ||
| Fwd PE | 8.39 | ||
| P/S | 1.55 | ||
| P/FCF | 5.84 | ||
| P/OCF | 5.84 | ||
| P/B | 0.42 | ||
| P/tB | 0.42 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.48
EY10.29%
EPS(NY)1.71
Fwd EY11.92%
FCF(TTM)2.46
FCFY17.11%
OCF(TTM)2.46
OCFY17.11%
SpS9.3
BVpS33.84
TBVpS33.84
PEG (NY)0.58
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.98% | ||
| ROE | 9.89% | ||
| ROCE | 1.58% | ||
| ROIC | 0.95% | ||
| ROICexc | 0.95% | ||
| ROICexgc | 0.96% | ||
| OM | 21.48% | ||
| PM (TTM) | 35.98% | ||
| GM | 30.03% | ||
| FCFM | 26.46% |
ROA(3y)-0.03%
ROA(5y)0.25%
ROE(3y)-1.33%
ROE(5y)1%
ROIC(3y)1.63%
ROIC(5y)1.8%
ROICexc(3y)1.67%
ROICexc(5y)1.83%
ROICexgc(3y)1.68%
ROICexgc(5y)1.84%
ROCE(3y)2.67%
ROCE(5y)3.3%
ROICexcg growth 3Y-34.02%
ROICexcg growth 5Y-12.67%
ROICexc growth 3Y-34.05%
ROICexc growth 5Y-12.53%
OM growth 3Y-30.3%
OM growth 5Y-16.13%
PM growth 3Y77.53%
PM growth 5Y-24.62%
GM growth 3Y-20.61%
GM growth 5Y-9.1%
F-Score6
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.93 | ||
| Debt/FCF | 54.01 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 0.34 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 73.53% | ||
| Current Ratio | 0.05 | ||
| Quick Ratio | 0.05 | ||
| Altman-Z | -0.32 |
F-Score6
WACCN/A
ROIC/WACCN/A
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)0.68%
EPS 3Y-30.36%
EPS 5Y-26.33%
EPS Q2Q%-7.69%
EPS Next Y16.84%
EPS Next 2Y5.83%
EPS Next 3Y6.5%
EPS Next 5YN/A
Revenue 1Y (TTM)7.15%
Revenue growth 3Y-14.75%
Revenue growth 5Y-10.21%
Sales Q2Q%4.82%
Revenue Next Year-0.48%
Revenue Next 2Y5.26%
Revenue Next 3Y4.86%
Revenue Next 5YN/A
EBIT growth 1Y104.71%
EBIT growth 3Y-40.58%
EBIT growth 5Y-24.69%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-51.26%
FCF growth 3Y-6.14%
FCF growth 5Y-6.45%
OCF growth 1Y-51.26%
OCF growth 3Y-6.14%
OCF growth 5Y-6.45%