CIM Real Estate Finance Trust
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
233.6042.7337.4127.4758.4826.46-24.50-11.79K-0.0259.34-3.9126.46
Price/Sales ratio
10.197.526.595.145.055.277.507.000.002.922.435.27
Price/Book Value ratio
1.121.261.291.101.201.210.991.010.000.730.681.21
Price/Cash Flow ratio
29.3415.1313.8710.9610.5911.5520.5217.270.007.4423.7710.59
Price/Free Cash Flow ratio
29.34-5.59-104.13-17.9111.6812.756.794.370.007.4425.2111.68
Price/Earnings Growth ratio
-2.100.103.923.15-1.120.220.11118.22-0.00-0.33-0.03-1.12
Dividend Yield
2.78%2.91%3.18%4.27%4.71%5.14%4.15%4.13%14180.84%8.51%15.51%4.71%
Profitability Indicator Ratios
Gross Profit Margin
84.76%85.19%85.70%84.13%84.19%84.11%82.43%77.44%92.61%61.25%43.14%84.11%
Operating Profit Margin
17.72%33.77%36.61%36.12%31.37%44.84%10.93%31.23%54.43%51.33%25.91%44.84%
Pretax Profit Margin
4.35%17.64%17.66%18.75%8.67%44.27%-8.08%23.64%31.81%4.93%-62.26%44.27%
Net Profit Margin
4.36%17.61%17.63%18.72%8.64%19.91%-30.61%-0.05%-7.86%4.93%-62.26%19.91%
Effective Tax Rate
326.75%93.27%111.25%116.85%266.49%55.01%-278.69%100.25%124.70%N/A19.01%55.01%
Return on Assets
0.27%1.41%1.55%1.67%0.80%2.24%-1.99%-0.00%-0.49%0.43%-25.86%2.24%
Return On Equity
0.48%2.94%3.45%4.03%2.05%4.59%-4.05%-0.00%-1.44%1.23%-15.86%4.59%
Return on Capital Employed
1.14%2.75%3.27%3.27%2.97%6.82%1.13%2.45%6.13%5.08%-18.24%6.82%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0.12N/A
Quick Ratio
1.481.251.331.563.400.320.531.111.260.410.120.32
Cash ratio
0.800.350.150.080.160.480.070.040.030.350.090.48
Days of Sales Outstanding
50.4154.4258.6761.8969.1351.5493.362.66K3.27K28.7232.6751.54
Days of Inventory outstanding
N/AN/AN/AN/AN/A4.95K1.59K6.88K3.17KN/AN/A4.95K
Operating Cycle
50.4154.4258.6761.8969.135.00K1.69K9.55K6.45K28.7232.675.00K
Days of Payables Outstanding
237.08177.05158.62133.67133.94122.51217.32202.94280.4666.6462.47122.51
Cash Conversion Cycle
-186.66-122.63-99.94-71.78-64.804.88K1.47K9.34K6.16K-37.92-29.80-64.80
Debt Ratios
Debt Ratio
0.360.450.480.520.530.430.480.591.040.602.600.53
Debt Equity Ratio
0.630.941.081.251.350.890.971.633.041.731.771.35
Long-term Debt to Capitalization
0.380.480.510.550.570.470.470.620.640.590.420.47
Total Debt to Capitalization
0.380.480.510.550.570.470.490.620.750.630.630.57
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0.52N/A
Cash Flow to Debt Ratio
0.060.080.080.080.080.110.040.030.020.050.010.11
Company Equity Multiplier
1.732.082.222.402.542.042.022.752.902.840.682.04
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.340.490.470.460.470.450.360.400.390.390.100.45
Free Cash Flow / Operating Cash Flow Ratio
1-2.70-0.13-0.610.900.903.013.950.8610.940.90
Cash Flow Coverage Ratio
0.060.080.080.080.080.110.040.030.020.050.010.11
Short Term Coverage Ratio
N/AN/AN/AN/AN/A1.13K0.76N/A0.050.350.021.13K
Dividend Payout Ratio
650.18%124.70%119.34%117.48%275.82%136.14%-101.78%-48837.78%-348.93%505.08%-46.80%136.14%