Chemung Financial Corporation (CHMG) Key Metrics
CHMG valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $388.2M
- Enterprise value
- $457.5M
- P/E (TTM)
- 11.6 10-yr median 10.0
- Forward P/E
- 9.3
- PEG ratio
- —
- Price / sales
- 3.3 10-yr median 2.2
- Price / book
- 1.4 10-yr median 1.2
- EV / EBITDA
- —
- Dividend yield
- 1.79% $1.44 a year
- Beta
- 0.59
CHMG key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsCHMG valuation Price multiples at each fiscal year-end price.
CHMG returns How much profit the business earns on the capital it uses.
CHMG per-share figures Results divided by the shares outstanding at year-end.
CHMG financial health Debt, liquidity and how easily interest is covered.
CHMG efficiency & capital use Working capital cycle and where the cash goes.
CHMG valuation history
CHMG returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
CHMG debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
CHMG cash returned to shareholders
CHMG price vs earnings per share
CHMG key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $268.5M | $232.8M | $235.7M | $215.3M | $217.5M | $163.0M | $206.9M | $199.6M | $230.9M | $173.1M |
| Enterprise value | −$30.0M | −$117.4M | −$344.4M | −$367.4M | −$575.9M | −$489.0M | −$186.9M | −$167.9M | −$19.3M | −$165.6M |
| P/E ratio | 17.8 | 9.8 | 9.4 | 7.5 | 8.2 | 8.5 | 13.3 | 10.2 | 31.1 | 17.3 |
| Price / sales | 1.9 | 1.6 | 2.1 | 2.1 | 2.4 | 1.9 | 2.4 | 2.3 | 2.9 | 2.3 |
| Price / book | 1.1 | 1.1 | 1.2 | 1.3 | 1.0 | 0.8 | 1.1 | 1.2 | 1.5 | 1.2 |
| Price / free cash flow | 6.1 | 8.9 | 7.7 | 6.2 | 6.2 | 5.9 | 8.1 | 7.7 | 10.4 | 8.5 |
| Price / operating cash flow | 5.9 | 7.8 | 7.6 | 6.1 | 6.1 | 5.7 | 7.8 | 7.2 | 9.8 | 7.8 |
| EV / sales | -0.2 | -0.8 | -3.0 | -3.6 | -6.3 | -5.6 | -2.2 | -1.9 | -0.2 | -2.2 |
| Earnings yield | 5.6% | 10.2% | 10.6% | 13.4% | 12.1% | 11.8% | 7.5% | 9.8% | 3.2% | 5.8% |
| Free cash flow yield | 16.3% | 11.2% | 12.9% | 16.1% | 16.1% | 17.0% | 12.3% | 13.0% | 9.6% | 11.8% |
| Dividend yield | 2.4% | 3.2% | 2.5% | 2.7% | 2.4% | 3.1% | 2.4% | 2.5% | 2.1% | 2.8% |
| Shareholder yield (dividends + buybacks) | 2.5% | 3.3% | 2.6% | 3.1% | 3.2% | 7.7% | 2.4% | 2.5% | 2.1% | 2.8% |
| Share price at fiscal year-end | $55.80 | $48.81 | $49.80 | $45.87 | $46.45 | $33.95 | $42.50 | $41.31 | $48.10 | $36.35 |
| Per share | ||||||||||
| Revenue per share | $29.09 | $31.37 | $23.90 | $21.72 | $19.61 | $18.09 | $17.71 | $17.96 | $16.64 | $16.10 |
| Earnings per share | $3.14 | $4.96 | $5.28 | $6.13 | $5.64 | $4.01 | $3.21 | $4.06 | $1.55 | $2.11 |
| Operating cash flow per share | $9.46 | $6.25 | $6.53 | $7.47 | $7.57 | $5.97 | $5.42 | $5.75 | $4.93 | $4.65 |
| Free cash flow per share | $9.11 | $5.49 | $6.43 | $7.38 | $7.49 | $5.79 | $5.24 | $5.38 | $4.62 | $4.29 |
| Cash per share | $63.06 | $98.28 | $131.20 | $146.70 | $174.89 | $138.10 | $83.38 | $77.03 | $67.57 | $79.29 |
| Book value per share | $52.94 | $45.14 | $41.26 | $35.45 | $45.15 | $41.59 | $37.51 | $34.15 | $31.21 | $30.19 |
| Tangible book value per share | $48.41 | $40.56 | $36.65 | $30.80 | $40.49 | $36.99 | $32.87 | $29.36 | $26.23 | $24.99 |
| Dividends per share | $1.31 | $1.54 | $1.23 | $1.24 | $1.14 | $1.04 | $1.03 | $1.03 | $1.02 | $1.02 |
| Capex per share | $0.35 | $0.76 | $0.10 | $0.09 | $0.08 | $0.18 | $0.18 | $0.37 | $0.31 | $0.36 |
| Debt per share | $1.03 | $24.85 | $8.62 | $22.54 | $5.45 | $2.31 | $2.50 | $0.97 | $15.46 | $8.16 |
| Shares outstanding | 4.8M | 4.8M | 4.7M | 4.7M | 4.7M | 4.8M | 4.9M | 4.8M | 4.8M | 4.8M |
| Change in shares outstanding | +0.9% | +0.8% | +0.8% | +0.2% | −2.5% | −1.4% | +0.8% | +0.7% | +0.8% | +0.9% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 6.4% | 11.5% | 13.8% | 15.2% | 12.9% | 10.1% | 9.0% | 12.5% | 5.1% | 7.1% |
| Return on assets (ROA) | 0.6% | 0.9% | 0.9% | 1.1% | 1.1% | 0.9% | 0.9% | 1.1% | 0.4% | 0.6% |
| Return on tangible assets | 0.6% | 0.9% | 0.9% | 1.1% | 1.1% | 0.9% | 0.9% | 1.1% | 0.4% | 0.6% |
| Free cash flow margin | 31.3% | 17.5% | 26.9% | 34.0% | 38.2% | 32.0% | 29.6% | 30.0% | 27.8% | 26.7% |
| Income quality (OCF / net income) | 3.01 | 1.26 | 1.24 | 1.22 | 1.34 | 1.49 | 1.69 | 1.42 | 3.18 | 2.21 |
| Financial health | ||||||||||
| Total debt | $4.9M | $118.5M | $40.8M | $105.8M | $25.5M | $11.1M | $12.2M | $4.7M | $74.2M | $38.9M |
| Cash & short-term investments | $303.4M | $468.8M | $620.8M | $688.5M | $819.0M | $663.1M | $406.0M | $372.2M | $324.4M | $377.6M |
| Net debt | −$298.4M | −$350.3M | −$580.0M | −$582.7M | −$793.5M | −$652.0M | −$393.8M | −$367.6M | −$250.1M | −$338.7M |
| Debt / equity | 0.02 | 0.55 | 0.21 | 0.64 | 0.12 | 0.06 | 0.07 | 0.03 | 0.50 | 0.27 |
| Debt / assets | 0.00 | 0.04 | 0.02 | 0.04 | 0.01 | 0.00 | 0.01 | 0.00 | 0.04 | 0.02 |
| Net debt / EBITDA | −13.20 | −10.91 | −18.41 | −14.60 | −21.29 | −23.18 | −16.78 | −13.22 | −12.99 | −17.26 |
| Current ratio | 0.13 | 0.19 | 0.25 | 0.31 | 0.39 | 0.35 | 0.28 | 24.07 | 0.23 | 82.63 |
| Quick ratio | 0.13 | 0.19 | 0.25 | 0.34 | 0.40 | 0.40 | 0.36 | 32.12 | 0.23 | 82.82 |
| Interest coverage | 0.4 | 0.6 | 0.8 | 5.1 | 9.9 | 6.0 | 3.0 | 5.8 | 4.8 | 3.8 |
| Working capital | −$1.97B | −$2.04B | −$1.84B | −$1.68B | −$1.33B | −$1.33B | −$1.14B | $387.0M | −$1.19B | $1.28B |
| Invested capital | −$43.7M | −$134.9M | −$384.8M | −$416.3M | −$582.0M | −$452.3M | −$211.2M | −$202.5M | −$100.3M | −$195.0M |
| Tangible asset value | $232.9M | $193.5M | $173.4M | $144.6M | $189.6M | $177.6M | $160.1M | $141.9M | $128.8M | $119.0M |
| Net current asset value | −$2.15B | −$2.09B | −$1.89B | −$1.73B | −$1.36B | −$1.37B | −$1.17B | −$1.19B | −$1.21B | −$218.8M |
| Graham number | $61.15 | $70.99 | $70.03 | $69.95 | $75.72 | $61.26 | $52.01 | $55.87 | $32.97 | $37.82 |
| Graham net-net per share | −$447.34 | −$438.59 | −$400.35 | −$378.97 | −$294.85 | −$300.73 | −$254.65 | −$261.16 | −$252.93 | −$234.12 |
| Capital allocation | ||||||||||
| Dividends paid | $6.3M | $7.4M | $5.8M | $5.8M | $5.3M | $5.0M | $5.0M | $5.0M | $4.9M | $4.9M |
| Share buybacks (net) | $396,000 | $344,000 | $316,000 | $933,000 | $1.6M | $7.6M | $0 | $0 | $0 | $0 |
| Dividend payout ratio | 41.9% | 31.1% | 23.4% | 20.1% | 20.1% | 26.0% | 32.2% | 25.3% | 66.2% | 48.6% |
| Dividends + buybacks / free cash flow | 15.3% | 29.4% | 20.2% | 19.4% | 19.8% | 45.3% | 19.7% | 19.1% | 22.2% | 23.9% |
| Capex / revenue | 1.2% | 2.4% | 0.4% | 0.4% | 0.4% | 1.0% | 1.0% | 2.0% | 1.9% | 2.2% |
| Capex / operating cash flow | 3.7% | 12.2% | 1.5% | 1.2% | 1.0% | 3.0% | 3.3% | 6.4% | 6.3% | 7.7% |
| Capex / depreciation | 0.63 | 1.80 | 0.16 | 0.14 | 0.10 | 0.20 | 0.20 | 0.42 | 0.32 | 0.33 |
| Stock-based compensation / revenue | 0.0% | 0.8% | 1.0% | 0.8% | 0.7% | 0.9% | 0.7% | 0.6% | 0.5% | 0.5% |
| SG&A / revenue | 29.9% | 26.0% | 32.3% | 32.7% | 35.6% | 36.2% | 35.7% | 34.8% | 36.3% | 36.4% |
| Efficiency | ||||||||||
| Days sales outstanding | — | — | — | 163.3 | 142.6 | 148.0 | 131.2 | 123.5 | 130.5 | 131.9 |
| Days of inventory on hand | — | — | — | -2,648.8 | -7,869.1 | -5,370.5 | -3,899.4 | -3,460.1 | -73.8 | -166.1 |
| Days payables outstanding | — | — | 280.5 | 895.0 | 2,376.7 | 1,093.2 | 541.6 | 800.2 | 461.6 | 943.6 |
| Cash conversion cycle (days) | — | — | — | -3,380.5 | -10,103.3 | -6,315.7 | -4,309.8 | -4,136.8 | -404.9 | -977.8 |
| Receivables turnover | — | — | — | 2.23 | 2.56 | 2.47 | 2.78 | 2.96 | 2.80 | 2.77 |
| Payables turnover | — | — | 1.30 | 0.41 | 0.15 | 0.33 | 0.67 | 0.46 | 0.79 | 0.39 |
| Asset turnover | 0.05 | 0.05 | 0.04 | 0.04 | 0.04 | 0.04 | 0.05 | 0.05 | 0.05 | 0.05 |
| Average receivables | — | — | — | $45.6M | $35.9M | $35.2M | $31.0M | $29.4M | $28.5M | $27.7M |
| Average payables | — | — | $18.8M | $16.5M | $22.4M | $24.6M | $18.2M | $15.8M | $15.3M | $16.2M |
| Average inventory | — | — | — | −$48.9M | −$74.1M | −$121.0M | −$131.0M | −$68.5M | −$2.4M | −$2.9M |
| Intangibles / total assets | 0.8% | 0.8% | 0.8% | 0.8% | 0.9% | 1.0% | 1.3% | 1.3% | 1.4% | 1.5% |
Computed from CHMG's annual financial statements (latest annual report filed March 13, 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.
CHMG valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Chemung Financial traded at 17.8 times earnings, against a 10-year median of 10.0. Based on the latest twelve months, the trailing P/E is 11.6 and the forward P/E is 9.3. Chemung Financial earned a return on equity of 6.4% in fiscal 2025. It ended the year with $4.9 million of debt and $303.4 million in cash and short-term investments, a net cash position of $298.4 million. It returned $6.7 million to shareholders: $6.3 million in dividends and $0.4 million in share buybacks, 15% of free cash flow.
See the CHMG income statement, the CHMG chart for price history, or the CHMG stock overview for the latest quote and news.
CHMG key metrics FAQ
What is Chemung Financial's P/E ratio?
Chemung Financial's trailing P/E ratio is 11.6 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 9.3. At the end of fiscal 2025 it was 17.8, compared with a 10-year median of 10.0.
What is Chemung Financial's return on equity?
Chemung Financial's return on equity (ROE) was 6.4% in fiscal 2025: net income of $15.1 million on average shareholders' equity of $235.0 million.
How much debt does Chemung Financial have?
Chemung Financial had total debt of $4.9 million at the end of fiscal 2025, a debt-to-equity ratio of 0.02 and more cash than debt.
What is Chemung Financial's dividend yield?
Chemung Financial's forward dividend yield is 1.79%. Chemung Financial paid $6.3 million in dividends in fiscal 2025 ($1.31 per share), a payout ratio of 41.9%.
Does Chemung Financial buy back its shares?
Yes. Chemung Financial spent $0.4 million on net share repurchases in fiscal 2025 Shares outstanding changed +0.9% over the year, to 4.8M..
What is Chemung Financial's free cash flow yield?
Chemung Financial generated $43.8 million of free cash flow in fiscal 2025, a free cash flow yield of 16.3% on its market value at year-end ($268.5 million).
What is Chemung Financial's current ratio?
Chemung Financial's current ratio was 0.13 at the end of fiscal 2025: current assets were 0.13 times current liabilities.