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Cherry Hill Mortgage Investment (Cherry Hill Mortgage Investment) Cyclically Adjusted Price-to-FCF : 3.29 (As of Jun. 06, 2024)


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What is Cherry Hill Mortgage Investment Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), Cherry Hill Mortgage Investment's current share price is $3.75. Cherry Hill Mortgage Investment's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.14. Cherry Hill Mortgage Investment's Cyclically Adjusted Price-to-FCF for today is 3.29.

The historical rank and industry rank for Cherry Hill Mortgage Investment's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

CHMI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.04   Med: 3.23   Max: 5.24
Current: 3.24

During the past years, Cherry Hill Mortgage Investment's highest Cyclically Adjusted Price-to-FCF was 5.24. The lowest was 2.04. And the median was 3.23.

CHMI's Cyclically Adjusted Price-to-FCF is ranked better than
91.54% of 390 companies
in the REITs industry
Industry Median: 11.47 vs CHMI: 3.24

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Cherry Hill Mortgage Investment's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-0.635. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $1.14 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cherry Hill Mortgage Investment Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Cherry Hill Mortgage Investment's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cherry Hill Mortgage Investment Cyclically Adjusted Price-to-FCF Chart

Cherry Hill Mortgage Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 4.30 2.87

Cherry Hill Mortgage Investment Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.08 3.62 2.70 2.87 3.11

Competitive Comparison of Cherry Hill Mortgage Investment's Cyclically Adjusted Price-to-FCF

For the REIT - Mortgage subindustry, Cherry Hill Mortgage Investment's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cherry Hill Mortgage Investment's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Cherry Hill Mortgage Investment's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Cherry Hill Mortgage Investment's Cyclically Adjusted Price-to-FCF falls into.



Cherry Hill Mortgage Investment Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Cherry Hill Mortgage Investment's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.75/1.14
=3.29

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Cherry Hill Mortgage Investment's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Cherry Hill Mortgage Investment's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.635/131.7762*131.7762
=-0.635

Current CPI (Mar. 2024) = 131.7762.

Cherry Hill Mortgage Investment Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.454 100.560 0.595
201409 0.674 100.428 0.884
201412 0.662 99.070 0.881
201503 0.540 99.621 0.714
201506 0.264 100.684 0.346
201509 1.396 100.392 1.832
201512 0.911 99.792 1.203
201603 -0.129 100.470 -0.169
201606 0.542 101.688 0.702
201609 1.041 101.861 1.347
201612 1.080 101.863 1.397
201703 29.661 102.862 37.999
201706 -18.340 103.349 -23.385
201709 -1.982 104.136 -2.508
201712 -0.492 104.011 -0.623
201803 -2.807 105.290 -3.513
201806 -1.603 106.317 -1.987
201809 -2.018 106.507 -2.497
201812 -1.471 105.998 -1.829
201903 -1.374 107.251 -1.688
201906 0.542 108.070 0.661
201909 -0.340 108.329 -0.414
201912 -0.688 108.420 -0.836
202003 -0.103 108.902 -0.125
202006 0.400 108.767 0.485
202009 0.963 109.815 1.156
202012 -0.707 109.897 -0.848
202103 -0.446 111.754 -0.526
202106 -0.011 114.631 -0.013
202109 0.394 115.734 0.449
202112 -0.352 117.630 -0.394
202203 0.444 121.301 0.482
202206 0.232 125.017 0.245
202209 0.103 125.227 0.108
202212 0.335 125.222 0.353
202303 0.148 127.348 0.153
202306 0.046 128.729 0.047
202309 0.638 129.860 0.647
202312 0.677 129.419 0.689
202403 -0.635 131.776 -0.635

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Cherry Hill Mortgage Investment  (NYSE:CHMI) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Cherry Hill Mortgage Investment Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Cherry Hill Mortgage Investment's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Cherry Hill Mortgage Investment (Cherry Hill Mortgage Investment) Business Description

Traded in Other Exchanges
Address
1451 Route 34, Suite 303, Farmingdale, NJ, USA, 07727
Cherry Hill Mortgage Investment Corp operates as a real estate investment trust in the United States. It invests in residential mortgage assets to generate current yields and risk-adjusted total returns for its stockholders over the long term, primarily through dividend distributions and secondarily through capital appreciation. The company's reportable segments include investments in Residential mortgage-backed securities (RMBS), Investments in Servicing Related Assets, and All Others. It generates maximum revenue from the RMBS segment in the form of Interest income earned for servicing mortgage loans.
Executives
Jay Lown director, officer: President and CEO 301 HARPER DRIVE, SUITE 110, MOORESTOWN NJ 08057
Sharon L Cook director CHERRY HILL MORTGAGE INVESTMENT CORP, 1451 ROUTE 34, SUITE 303, FARMINGDALE NJ 07727
Regina Lowrie director 155 INVERNESS DRIVE, BLUE BELL PA 19422
Julian Evans officer: Chief Investment Officer 301 HARPER DRIVE, SUITE 110, MOORESTOWN NJ 08057
Michael Andrew Hutchby officer: Chief Financial Officer CHERRY HILL MORTGAGE MANAGEMENT, 1451 HIGHWAY 34, SUITE 303, FARMINGDALE NJ 07727
Martin Levine officer: Chief Financial Officer 301 HARPER DRIVE, SUITE 110, MOORESTOWN NJ 08057
Mercer Robert C Jr director 1256 OVERTON CIRCLE, GALLATIN TN 37066
Joseph J Murin director 6528 KAISER DRIVE, FREMONT CA 94555
Jonathan Kislak director 800 BRICKELL AVENUE, SUITE 400, MIAMI FL 33131
Stanley C. Middleman director, 10 percent owner 301 HARPER DRIVE, SUITE 110, MOORESTOWN NJ 08057
Robert A Salcetti director 1661 WORTHINGTON ROAD, SUITE 100, WEST PALM BEACH FL 33409
Citadel Gp Llc 10 percent owner 131 DEARBORN ST., 32ND FLOOR, CHICAGO IL 60603
Calc Iii Lp 10 percent owner 131 S. DEARBORN STREET, 32ND FLOOR, CHICAGO IL 60603
Kenneth C Griffin 10 percent owner CITADEL INVESTMENT GROUP LLC, 131 S DEARBORN STREET 32ND FL, CHICAGO IL 60603
Citadel Securities Llc 10 percent owner 131 SOUTH DEARBORN STREET, CHICAGO IL 60603

Cherry Hill Mortgage Investment (Cherry Hill Mortgage Investment) Headlines

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