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Two Harbors Investment (Two Harbors Investment) Price-to-Free-Cash-Flow

: 54.54 (As of Today)
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As of today (2024-04-18), Two Harbors Investment's share price is $11.78. Two Harbors Investment's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.22. Hence, Two Harbors Investment's Price-to-Free-Cash-Flow Ratio for today is 54.54.

The historical rank and industry rank for Two Harbors Investment's Price-to-Free-Cash-Flow or its related term are showing as below:

TWO' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 0.42   Med: 4.17   Max: 698.18
Current: 53.56

During the past 13 years, Two Harbors Investment's highest Price-to-Free-Cash-Flow Ratio was 698.18. The lowest was 0.42. And the median was 4.17.

TWO's Price-to-Free-Cash-Flow is ranked worse than
92.43% of 700 companies
in the REITs industry
Industry Median: 11.91 vs TWO: 53.56

Two Harbors Investment's Free Cash Flow per Share for the three months ended in Dec. 2023 was $1.01. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $0.22.

During the past 3 years, the average Free Cash Flow per Share Growth Rate was 34.10% per year.

During the past 13 years, Two Harbors Investment's highest 3-Year average Free Cash Flow per Share Growth Rate was 181.60% per year. The lowest was -62.80% per year. And the median was 51.00% per year.


Two Harbors Investment Price-to-Free-Cash-Flow Historical Data

The historical data trend for Two Harbors Investment's Price-to-Free-Cash-Flow 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.

Two Harbors Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.21 47.54 - - 43.13

Two Harbors Investment Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Free-Cash-Flow 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 Premium Member Only Premium Member Only Premium Member Only - 3.42 4.04 9.84 43.13

Competitive Comparison

For the REIT - Mortgage subindustry, Two Harbors Investment's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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.


Two Harbors Investment Price-to-Free-Cash-Flow Distribution

For the REITs industry and Real Estate sector, Two Harbors Investment's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Two Harbors Investment's Price-to-Free-Cash-Flow falls into.



Two Harbors Investment Price-to-Free-Cash-Flow Calculation

Two Harbors Investment's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=11.78/0.216
=54.54

Two Harbors Investment's Share Price of today is $11.78.
Two Harbors Investment's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.22.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Two Harbors Investment  (NYSE:TWO) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Two Harbors Investment Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Two Harbors Investment's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Two Harbors Investment (Two Harbors Investment) Business Description

Address
1601 Utica Avenue South, Suite 900, St. Louis Park, MN, USA, 55416
Two Harbors Investment Corp is a real estate investment trust primarily focused on investing in, financing, and managing residential mortgage-backed securities, or RMBS; residential mortgage loans; mortgage servicing rights; and commercial real estate. The majority of the company's investment portfolio is split between agency RMBS purchased from government-sponsored enterprises and nonagency RMBS. Two Harbors derives nearly all of its revenue in the form of interest income collected from its investments. Most of this income is generated by available-for-sale securities, while residential mortgage loans held for investment in securitization trusts also contribute a sizable amount.
Executives
Nicholas Letica officer: Vice Pres. & Chief Inv. Off. 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Robert Rush officer: Vice President & CRO 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Jason Vinar officer: Vice President & Head of MSR 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Matthew Keen officer: Vice President & CTO 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Alecia Hanson officer: Vice President & CAO 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
William Ross Greenberg officer: Co-Chief Investment Officer 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Mary Kathryn Riskey officer: Chief Accounting Officer 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Rebecca B Sandberg officer: General Counsel and Secretary 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
David B Hughes other: EVP Servicing Ops RoundPoint 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Nathan Boucher other: EVP General Counsel RoundPoint 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Spencer Abraham director 600 14TH STREET, NW, SUITE 500, WASHINGTON DC 20005
James J Bender director 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Stephen G Kasnet director 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Matthew Koeppen officer: Co-Chief Investment Officer 601 CARLSON PARKWAY, SUITE 1400, MINNETONKA MN 55305
Thomas Siering director, officer: Chief Executive Officer & Pres TWO HARBORS INVESTMENT CORP., 601 CARLSON PARKWAY, SUITE 1400, MINNETONKA MN 55305