Chimera Investment Corporation
Find Ratings ReportsCHIMERA INVESTMENT CORP's gross profit margin for the fourth quarter of its fiscal year 2023 is essentially unchanged when compared to the same period a year ago. Sales and net income have dropped, underperforming the average competitor within its subsector.
During the same period, stockholders' equity ("net worth") has remained virtually unchanged only decreasing by 4.04% from the same quarter last year.
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Income Statement | Q4 FY23 | Q4 FY22 |
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Net Sales ($mil) | 193.28 | 257.49 |
EBITDA ($mil) | 170.15 | 216.17 |
EBIT ($mil) | 170.15 | 216.17 |
Net Income ($mil) | 30.54 | 97.2 |
Balance Sheet | Q4 FY23 | Q4 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 221.68 | 358.01 |
Total Assets ($mil) | 12929.0 | 13401.99 |
Total Debt ($mil) | 10109.01 | 10614.05 |
Equity ($mil) | 2558.92 | 2666.8 |
Profitability | Q4 FY23 | Q4 FY22 |
---|---|---|
Gross Profit Margin | 88.03 | 83.95 |
EBITDA Margin | 88.03 | 83.95 |
Operating Margin | 88.03 | 83.95 |
Sales Turnover | 0.06 | -0.0 |
Return on Assets | 0.97 | -3.82 |
Return on Equity | 2.05 | -22.01 |
Debt | Q4 FY23 | Q4 FY22 |
---|---|---|
Current Ratio | 0.0 | 0.0 |
Debt/Capital | 0.8 | 0.8 |
Interest Expense | 162.21 | 117.77 |
Interest Coverage | 1.05 | 1.84 |
Share Data | Q4 FY23 | Q4 FY22 |
---|---|---|
Shares outstanding (mil) | 241.36 | 231.82 |
Div / share | 0.11 | 0.23 |
EPS | 0.05 | 0.34 |
Book value / share | 10.6 | 11.5 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 2132788.0 | 2299316.0 |
SELL. The current P/E ratio indicates a significant discount compared to an average of 210.66 for the Funds, Trusts, and Other Financial Vehicles subsector and a discount compared to the S&P 500 average of 27.95. Conducting a second comparison, its price-to-book ratio of 0.42 indicates a significant discount versus the S&P 500 average of 4.68 and a discount versus the subsector average of 0.75. The price-to-sales ratio is well below both the S&P 500 average and the subsector average, indicating a discount. Upon assessment of these and other key valuation criteria, CHIMERA INVESTMENT CORP proves to trade at a discount to investment alternatives.
Price/Earnings |
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Price/Cash Flow |
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CIM 19.13 | Peers 210.66 | CIM NA | Peers 8.06 | |||||||||||||||||||||
Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations. CIM is trading at a significant discount to its peers. |
Neutral. The P/CF ratio is the stock’s price divided by the sum of the company's cash flow from operations. It is useful for comparing companies with different capital requirements or financing structures. Ratio not available. |
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Price/Projected Earnings |
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Price to Earnings/Growth |
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CIM 6.77 | Peers 7.39 | CIM 0.15 | Peers 0.27 | |||||||||||||||||||||
Premium. A higher price-to-projected earnings ratio than its peers can signify a more expensive stock or higher future growth expectations. CIM is trading at a premium to its peers. |
Discount. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples. CIM trades at a significant discount to its peers. |
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Price/Book |
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Earnings Growth |
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CIM 0.42 | Peers 0.75 | CIM 109.23 | Peers -12.52 | |||||||||||||||||||||
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet. CIM is trading at a significant discount to its peers. |
Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. CIM is expected to have an earnings growth rate that significantly exceeds its peers. |
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Price/Sales |
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Sales Growth |
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CIM 1.37 | Peers 4.58 | CIM 1945.17 | Peers 280.60 | |||||||||||||||||||||
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales. CIM is trading at a significant discount to its subsector on this measurement. |
Higher. A sales growth rate that exceeds the subsector implies that a company is gaining market share. CIM has a sales growth rate that significantly exceeds its peers. |
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