Bluerock Homes Trust, Inc. (BHM) Key Metrics
BHM valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $92.4M
- Enterprise value
- $441.0M
- P/E (TTM)
- —
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 1.1 10-yr median 1.2
- Price / book
- 0.3 10-yr median 0.3
- EV / EBITDA
- 21.0 10-yr median 10.0
- Dividend yield
- 2.22% $0.50 a year
- Beta
- 0.46
BHM key metrics, 2020–2025
Fiscal year ended December 31, 2025 · U.S. dollarsBHM valuation Price multiples at each fiscal year-end price.
BHM returns How much profit the business earns on the capital it uses.
BHM per-share figures Results divided by the shares outstanding at year-end.
BHM financial health Debt, liquidity and how easily interest is covered.
BHM efficiency & capital use Working capital cycle and where the cash goes.
BHM valuation history
BHM returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
BHM debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
BHM cash returned to shareholders
BHM price vs earnings per share
BHM key metrics
2020–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Valuation | ||||||
| Market capitalization | $41.5M | $51.2M | $53.8M | $81.9M | — | — |
| Enterprise value | $300.3M | $309.7M | $137.9M | $156.7M | — | — |
| P/E ratio | 18.4 | — | — | — | — | — |
| Price / sales | 0.6 | 1.0 | 1.3 | 1.9 | — | — |
| Price / book | 0.2 | 0.2 | 0.3 | 0.5 | — | — |
| Price / free cash flow | 4.0 | — | 12.4 | — | — | — |
| Price / operating cash flow | 1.5 | 5.6 | 3.9 | 23.4 | — | — |
| EV / sales | 4.4 | 6.2 | 3.4 | 3.7 | — | — |
| EV / EBITDA | 13.5 | 11.2 | 8.3 | 8.8 | — | — |
| EV / free cash flow | 28.9 | — | 31.7 | — | — | — |
| Earnings yield | 5.4% | 0.1% | −8.1% | −1.2% | — | — |
| Free cash flow yield | 25.1% | −0.5% | 8.1% | −18.5% | — | — |
| Dividend yield | 25.3% | 14.3% | 0.1% | 83.6% | — | — |
| Shareholder yield (dividends + buybacks) | 27.4% | 14.3% | 16.3% | 83.6% | — | — |
| Share price at fiscal year-end | $10.67 | $13.27 | $13.99 | $21.31 | — | — |
| Per share | ||||||
| Revenue per share | $17.67 | $13.02 | $10.69 | $11.12 | $4.64 | $1.92 |
| Earnings per share | $0.58 | $0.01 | −$1.14 | −$0.26 | $8.93 | −$4.61 |
| Operating cash flow per share | $7.14 | $2.35 | $3.61 | $0.91 | $2.55 | $3.80 |
| Free cash flow per share | $2.67 | −$0.07 | $1.13 | −$3.94 | $2.11 | $3.40 |
| Cash per share | $43.60 | $29.88 | $21.48 | $20.40 | $33.66 | $12.69 |
| Book value per share | $69.64 | $62.56 | $40.47 | $41.63 | $120.20 | $47.87 |
| Tangible book value per share | $67.71 | $61.85 | $40.47 | $41.63 | $119.54 | $47.87 |
| Dividends per share | $2.70 | $1.90 | $0.02 | $17.81 | $17.81 | $17.81 |
| Capex per share | $4.46 | $2.41 | $2.48 | $4.85 | $0.44 | $0.39 |
| Debt per share | $110.15 | $96.93 | $43.34 | $39.86 | $31.50 | $22.61 |
| Shares outstanding | 3.9M | 3.9M | 3.8M | 3.8M | 3.8M | 3.8M |
| Change in shares outstanding | +0.9% | +0.3% | +0.0% | 0.0% | 0.0% | — |
| Returns & profitability | ||||||
| Return on equity (ROE) | 0.9% | 0.0% | −2.8% | −0.3% | 10.6% | −9.6% |
| Return on invested capital (ROIC) | −3.6% | −3.9% | −4.9% | 3.5% | 0.1% | −0.2% |
| Return on assets (ROA) | 0.2% | 0.0% | −0.7% | −0.2% | 6.6% | −3.6% |
| Return on tangible assets | 0.2% | 0.0% | −0.7% | −0.2% | 6.4% | −3.6% |
| Free cash flow margin | 15.1% | −0.5% | 10.6% | −35.5% | 45.5% | 177.5% |
| Income quality (OCF / net income) | 12.34 | 283.06 | — | — | 0.29 | — |
| Financial health | ||||||
| Total debt | $428.4M | $373.8M | $166.7M | $153.2M | $121.1M | $86.9M |
| Cash & short-term investments | $169.6M | $115.2M | $82.6M | $78.4M | $129.4M | $48.8M |
| Net debt | $258.8M | $258.6M | $84.1M | $74.8M | −$8.3M | $38.1M |
| Debt / equity | 1.58 | 1.55 | 1.07 | 0.96 | 0.26 | 0.47 |
| Debt / assets | 0.37 | 0.39 | 0.25 | 0.23 | 0.22 | 0.18 |
| Net debt / EBITDA | 11.60 | 9.38 | 5.06 | 4.19 | −0.62 | 9.58 |
| Current ratio | 6.35 | 1.37 | 2.99 | 1.46 | 11.00 | 1.47 |
| Quick ratio | 6.35 | 1.37 | 3.04 | 1.54 | 11.00 | 0.00 |
| Interest coverage | -1.1 | -1.0 | -1.1 | 2.6 | 0.1 | -0.2 |
| Working capital | $182.9M | $53.6M | $95.0M | $31.8M | $164.8M | $134.4M |
| Invested capital | $529.7M | $499.8M | $239.7M | $234.8M | $453.6M | $222.1M |
| Tangible asset value | $684.3M | $566.1M | $478.9M | $492.0M | $459.4M | $184.0M |
| Net current asset value | −$245.5M | −$199.2M | −$50.0M | −$66.4M | $101.8M | $113.5M |
| Graham number | $30.11 | $3.42 | — | — | $155.41 | — |
| Graham net-net per share | −$70.97 | −$60.20 | −$21.32 | −$20.22 | $21.65 | −$2.09 |
| Capital allocation | ||||||
| Dividends paid | $10.5M | $7.3M | $78,000 | $68.5M | $68.5M | $68.5M |
| Share buybacks (net) | $872,000 | $0 | $8.7M | $0 | — | — |
| Dividend payout ratio | 465.9% | — | — | — | 199.5% | — |
| Dividends + buybacks / free cash flow | 109.1% | — | 201.6% | — | 844.6% | 523.6% |
| Capex / revenue | 25.3% | 18.5% | 23.2% | 43.6% | 9.6% | 20.5% |
| Capex / operating cash flow | 62.5% | 102.8% | 68.6% | 533.1% | 17.4% | 10.4% |
| Capex / depreciation | 0.55 | 0.43 | 0.49 | 0.99 | 0.17 | 0.10 |
| Stock-based compensation / revenue | 5.8% | 19.8% | 28.9% | 2.0% | 0.0% | — |
| R&D / revenue | — | — | 0.0% | 0.0% | 0.0% | 0.0% |
| SG&A / revenue | 16.4% | 21.1% | 19.9% | 20.8% | 25.8% | 68.0% |
| Efficiency | ||||||
| Days sales outstanding | 239.8 | 388.4 | 253.6 | 266.2 | 1,006.2 | 2,666.8 |
| Days of inventory on hand | — | — | -45.0 | -50.9 | 20,336.3 | 158,497.3 |
| Days payables outstanding | 3.3 | 7.2 | 14.1 | 36.5 | 108.9 | 63.6 |
| Cash conversion cycle (days) | 236.5 | 381.2 | 194.4 | 178.7 | 21,233.5 | 161,100.5 |
| Receivables turnover | 1.52 | 0.94 | 1.44 | 1.37 | 0.36 | 0.14 |
| Payables turnover | 111.60 | 50.83 | 25.80 | 9.99 | 3.35 | 5.74 |
| Inventory turnover | — | — | — | — | 0.02 | 0.00 |
| Asset turnover | 0.06 | 0.06 | 0.06 | 0.07 | 0.03 | 0.01 |
| Average receivables | $45.2M | $53.4M | $28.5M | $31.2M | $49.1M | $53.8M |
| Average payables | $966,500 | $747,000 | $1.2M | $1.9M | $1.1M | $169,000 |
| Average inventory | — | — | −$3.9M | −$2.7M | $210.6M | $421.2M |
| Intangibles / total assets | 0.6% | 0.3% | 0.0% | 0.0% | 0.5% | 0.0% |
Computed from BHM's annual financial statements (latest annual report filed February 27, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
BHM valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Bluerock Homes traded at 18.4 times earnings. Bluerock Homes earned a return on equity of 0.9% and a return on invested capital of −3.6% in fiscal 2025. It ended the year with $428.4 million of debt and $169.6 million in cash and short-term investments, net debt of $258.8 million. It returned $11.4 million to shareholders: $10.5 million in dividends and $0.9 million in share buybacks, 109% of free cash flow.
See the BHM income statement, the BHM chart for price history, or the BHM stock overview for the latest quote and news.
BHM key metrics FAQ
What is Bluerock Homes's P/E ratio?
Bluerock Homes traded at 18.4 times earnings at the end of fiscal 2025.
What is Bluerock Homes's EV/EBITDA?
Bluerock Homes's enterprise value was 13.5 times EBITDA at the end of fiscal 2025 (enterprise value $300.3 million, EBITDA $22.3 million); the current EV/EBITDA is 21.0.
What is Bluerock Homes's return on equity?
Bluerock Homes's return on equity (ROE) was 0.9% in fiscal 2025: net income of $2.2 million on average shareholders' equity of $256.0 million.
What is Bluerock Homes's ROIC?
Bluerock Homes's return on invested capital was −3.6% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Bluerock Homes have?
Bluerock Homes had total debt of $428.4 million at the end of fiscal 2025, a debt-to-equity ratio of 1.58 and $258.8 million of net debt (11.60 times EBITDA).
What is Bluerock Homes's dividend yield?
Bluerock Homes's forward dividend yield is 2.22%. Bluerock Homes paid $10.5 million in dividends in fiscal 2025 ($2.70 per share), a payout ratio of 465.9%.
Does Bluerock Homes buy back its shares?
Yes. Bluerock Homes spent $0.9 million on net share repurchases in fiscal 2025 Shares outstanding changed +0.9% over the year, to 3.9M..
What is Bluerock Homes's free cash flow yield?
Bluerock Homes generated $10.4 million of free cash flow in fiscal 2025, a free cash flow yield of 25.1% on its market value at year-end ($41.5 million).
What is Bluerock Homes's current ratio?
Bluerock Homes's current ratio was 6.35 at the end of fiscal 2025: current assets were 6.35 times current liabilities.