CIM REAL ESTATE FIN TR (CMRF) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

CIM REAL ESTATE FIN TR

OTC Markets OTCPK•Real Estate•REIT - Diversified

$2.100.00(0.00%)Market closed

Market Cap

$1.11B

P/E

15.2x

P/S

2.7x

P/B

2.0x

CIM Group, Inc. is a non-exchange traded real estate investment trust that elected to be taxed, and operates its business to qualify, as a REIT for U.S. federal income tax purposes beginning with its taxable year ended December 31, 2012. The Company seeks to attain attractive risk-adjusted returns and create long term value for its investors by investing in a diversified portfolio of senior secured mortgage loans, creditworthy long-term net-leased property investments and other senior loan and liquid credit investments. As of September 30, 2025, the Company's loan portfolio consisted of 76 loans with a net book value of 3.2 billion dollars, and investments in real estate-related securities and other of $246.1 million. The Company conducts its commercial real estate lending business through CIM Commercial Lending REIT, a Maryland statutory trust and subsidiary of the Company which the Company expects to be taxed as a REIT for U.S. federal income tax purposes. As of September 30, 2025, CLR holds a diversified portfolio of approximately 1.4 billion dollars which includes first mortgage loans with a net book value of 1.1 billion dollars, commercial mortgage-backed securities (CMBS) with an estimated fair value of 142.7 million dollars, and an investment in the Unconsolidated Joint Venture (as defined in Note 2 Summary of Significant Accounting Policies) with a carrying value of 152.7 million dollars. As of September 30, 2025, the Company owned 198 commercial real estate properties, comprising approximately 6.4 million rentable square feet of commercial space located in 37 states. As of September 30, 2025, the rentable square feet at these properties were 96.9% leased, including month-to-month agreements, if any. As of September 30, 2025, the Company owned condominium developments with a net book value of 17.7 million dollars. CIM Group, Inc. was established in Maryland on July 27, 2010.

How this company scores

WeakMetricSide Score: 43/100

Grade capped at D — Interest coverage below 1× (0.3x) — earnings cannot cover interest. Strongest: Profitability (20/25); weakest: Balance Sheet & Red Flags (2/25).

Profitability20/25

Growth13/25

Balance Sheet & Red Flags2/25

Cash & Earnings Quality8/25

Strengths

Strong marginsRising earningsProfit converts from growthNo share dilution

Grade capped at D

Interest coverage below 1× (0.3x) — earnings cannot cover interest.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 15.2x5y range 0.0x – 23.6x

Currently above its 14-quarter median.

P/S · 2.7x5y range 0.0x – 6.2x

Currently above its 20-quarter median.

P/B · 2.0x5y range 0.0x – 2.0x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

FCF consistently trails net income (avg -0.1x) — earnings may be inflated by non-cash items or aggressive accounting.

Price & Volume

Market Cap $1.11B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $411.02M
Q. Revenue: $111.02M
TTM EBITDA: $103.14M
TTM Op. Income: $78.53M
Q. Op. Income: $2.32M
TTM Net Income: $72.95M
Q. Net Income: $-30.13M
EPS: $-0.07
Shares Out.: $436.88M

$411.02M in TTM revenue declined 6.8% YoY, reaching $111.02M last quarter. TTM EBITDA of $103.14M and TTM operating income of $78.53M show growth is flowing through to the bottom line. TTM net income of $72.95M means revenue is converting into profit. Over the past year, TTM revenue is down 7% — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 0.3%
Op. Margin: 2.1%
Net Margin: -27.1%

Op. margin of 2.1% is down 15.3% YoY — costs are rising relative to revenue. Net margin at -27.1% Over the past year, operating margin is down 88% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 15.2x
P/S Ratio: 2.7x
P/B Ratio: 2.0x

At 15.2x P/E, the stock trades within typical market levels. P/S of 2.7x and P/B of 2.0x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 0% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $6.45B
Cash: $218.77M
Long-Term Debt: $3.00B
Book Value: $565.30M
D/E Ratio: 5.3
Debt/EBITDA: 10085.1

With $6.45B in assets and $3.00B in long-term debt, D/E is 5.3and book value is $565.30M — elevated leverage, meaning significant financial risk in a downturn. Over the past year, debt/equity is up 209% — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-12.32M
TTM Free Cash Flow: $23.65M
FCF Margin: 5.8%
FCF / Net Income: 0.3

TTM FCF of $23.65M on $-12.32M in operating cash flow. The FCF / Net Income ratio of 0.3x means cash covers only part of net income — earnings quality needs attention. Over the past year, free cash flow is down 69% — a weakening trend.