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Our Company CIM Real Estate Finance Trust, Inc. (together with our subsidiaries unless the context requires otherwise, the Company, we, our or us ) is a non-exchange traded REIT formed as a Maryland corporation on July 27, 2010. We are primarily focused on originating, acquiring, financing and managing shorter duration senior secured loans, other related credit investments and core commercial r…
$2.38
+$0.00 (+0.00%)
EOD Jul 17, 2026
The business is unprofitable at the operating level (-14.41% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue up 144.7% YoY with margins expanding 437.3pp. However, free cash flow softened 33%, worth monitoring whether this is timing or structural.
Free cash flow declined 33% versus the prior year, cash generation momentum has weakened. Net debt of $4.61B represents 59.2x FCF, leverage limits flexibility.
7.9x earnings, 13.3x FCF. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$405M
▲ +144.7% YoY
Net Income (TTM)
$128M
▲ +117.9% YoY
Op. Margin
22.94%
▲ +437.3pp YoY
ROIC
1.15%
▲ +7.2pp YoY
Cash Flow & Balance Sheet
FCF (FY)
$78M
▼ -33.5% YoY
Op. Cash Flow (TTM)
$137M
▼ -15.6% YoY
Net Debt
$4.04B
Cash & Equiv.
$184M
5Y CAGR: +9.2%
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At a P/E of 7.9 and a price-to-free-cash-flow of 13.3, CIM Real Estate Finance Trust (CMRF) trades above a two-stage DCF intrinsic value of about $-6.17 per share, so at $2.38 the stock looks overvalued (359.2% above estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, CIM Real Estate Finance Trust scores 44/100 on Intrinsiqq's quality scorecard (a mixed business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 11.4%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about $-6.17 per share for CMRF, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around $-4.63. At today's $2.38, that puts the stock about 359.2% above estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
CIM Real Estate Finance Trust scores 44 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a mixed business on these measures. Recent fundamentals include a 22.9% operating margin and a 1.2% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, CIM Real Estate Finance Trust pays a regular dividend of about $0.27 per share per year (typically in quarterly installments), a yield of roughly 11.4% at the current price. That is a payout ratio of about 92.4% of earnings, so the dividend is stretched at this level. CIM Real Estate Finance Trust has grown the dividend at roughly 3.4% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For CMRF's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. CMRF currently trades above its estimated intrinsic value and scores 44/100 on quality (mixed). It also yields about 11.4%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.