Cherry Hill Mortgage Investment
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
58.977.385.504.346.89-5.62-2.9011.665.27-3.04-2.60-5.62
Price/Sales ratio
17.735.174.273.625.23-5.11-2.695.092.85-10.652.63-5.11
Price/Book Value ratio
0.860.640.880.640.710.590.490.510.430.410.350.59
Price/Cash Flow ratio
5.554.173.965.114.033.512.522.981.912.6010.644.03
Price/Free Cash Flow ratio
4.8510.267.16-4.97-2.29-7.3518.75-19.445.242.6011.14-2.29
Price/Earnings Growth ratio
-0.600.010.060.21-0.190.02-0.13-0.090.090.01-0.00-0.19
Dividend Yield
10.65%15.39%11.61%11.76%14.73%16.02%20.93%19.86%26.87%29.41%16.01%14.73%
Profitability Indicator Ratios
Gross Profit Margin
100%95.96%91.97%89.81%8.00%200%200%51.58%70.54%212.99%72.65%8.00%
Operating Profit Margin
-38.70%-16.32%-10.28%-6.72%-8.03%124.49%123.86%46.42%111.51%350.93%-62.74%124.49%
Pretax Profit Margin
28.56%68.93%80.48%85.62%79.84%125.95%125.57%47.30%67.82%350.93%-95.64%125.95%
Net Profit Margin
30.07%70.00%77.76%83.40%76.01%90.83%92.83%43.65%54.08%349.54%-96.56%90.83%
Effective Tax Rate
-6.26%-2.63%1.78%1.23%3.54%27.88%26.06%5.86%18.59%-1.49%-2.88%27.88%
Return on Assets
0.44%2.07%3.13%2.30%1.73%-1.47%-3.33%0.94%1.54%-2.49%-2.10%-1.47%
Return On Equity
1.47%8.73%16.10%14.80%10.33%-10.64%-17.15%4.45%8.29%-13.61%-13.40%-10.64%
Return on Capital Employed
-0.57%-0.51%-0.43%-0.19%-0.18%-2.02%-4.45%1.00%3.65%-9.19%-1.40%-2.02%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A1.59N/A
Quick Ratio
2.590.831.411.402.17227.951.17K944.411.390.081.59227.95
Cash ratio
1.310.290.370.441.082.2883.2264.170.310.051.351.08
Days of Sales Outstanding
226.98180.37122.61106.98N/A-358.87-282.6466.42507.93N/A96.2496.24
Days of Inventory outstanding
N/AN/AN/AN/AN/A937.261.11K3.21K4.02KN/AN/A937.26
Operating Cycle
N/A180.37122.61106.98N/A578.38830.693.28K4.53KN/A96.24578.38
Days of Payables Outstanding
N/A1.76K1.56K459.0465.1682.156.4126.68138.94194.86N/A82.15
Cash Conversion Cycle
N/A-1.58K-1.44K-352.06-65.16496.22824.283.25K4.39K-194.8696.24-65.16
Debt Ratios
Debt Ratio
0.680.170.020.030.070.050.060.11N/A0.780.090.07
Debt Equity Ratio
2.290.730.140.240.430.400.350.52N/A4.260.630.43
Long-term Debt to Capitalization
N/A0.36N/A0.100.300.290.260.34N/A0.290.380.30
Total Debt to Capitalization
0.690.420.120.190.300.290.260.34N/A0.810.380.30
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-0.38N/A
Cash Flow to Debt Ratio
0.060.211.500.510.400.410.540.33N/A0.030.050.41
Company Equity Multiplier
3.324.205.146.405.977.235.134.725.375.456.555.97
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
3.191.231.070.701.29-1.45-1.061.701.49-4.080.23-1.45
Free Cash Flow / Operating Cash Flow Ratio
1.140.400.55-1.02-1.76-0.470.13-0.150.3611-1.76
Cash Flow Coverage Ratio
0.060.211.500.510.400.410.540.33N/A0.030.050.41
Short Term Coverage Ratio
0.060.961.501.03N/AN/AN/AN/AN/A0.04N/AN/A
Dividend Payout Ratio
628.51%113.72%63.91%51.12%101.56%-90.18%-60.75%231.66%141.76%-89.70%-83.79%-90.18%