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Company Analysis

Chicago Atlantic Real Estate Fi REFI

A comprehensive view of key metrics, scores, and financial health for Chicago Atlantic Real Estate Fi

Overview of Chicago Atlantic Real Estate Finance, Inc.

REFI NGM
Real Estate REIT - Mortgage Micro Cap
Chicago Atlantic Real Estate Finance, Inc. (REFI), is a Micro Cap company, in the REIT - Mortgage industry, last closed at $12.24, about 1884.0% undervalued vs fair value, -16.0% 1Y return, ranked 111/330 in sector.
$12.24
-0.65%
As of April 28, 2026
Previous close • Vol 90d: 24.0%
52-Week Range
Market Cap
$258.02M
Enterprise Value
$330.78M
Overall Score
View breakdown
Overall
Growth
Fair
Profitability
Good
Health
Good
Efficiency
Good
Valuation
Fair
Growth
Fair
Profitability
Good
Health
Good
Efficiency
Good
Valuation
Fair
Completeness: 82%
Confidence: 88%
Updated: Mar 8
Top Beats

Quick Facts

Website https://www.refi.reit
HQ Miami Beach, FL
Fiscal year Dec 31

Next Events

Earnings May 7 Estimated

Fair Value Snapshot

Bear Base Bull
$216
$243
$274
Current: $12.24 +1884% vs base

Engine Room Money Flow™

Micro Cap

Real Estate Investment Trust - Where revenue goes and how value is created

Flow Steps
Total Revenue
$54.8M
-4.4%%
Net Operating Income
$44.2M
-0.6%%
Net Income
$37.0M
-4.3%%
FFO (Funds From Operations)
$294.1M
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Real Estate Investment Trust

Quality & Reliability Indicators

FFO Payout Ratio
14.2%
Excellent

Dividends / FFO - basic dividend safety

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Owner's Pocket - Capital Allocation

Total Returned to Shareholders

Combined dividends, buybacks, and debt reduction

$42.0M
14.3% of AFFO

Where It Leaks

Cash Flow Health critical
Significant cash flow inefficiencies identified. Multiple high-impact leaks require attention.
3
Active Leaks
0/3
Improving
0
High Impact
1
Critical
Locked Leak
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Locked Leak
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Moat Analysis REIT Specialized

Competitive Advantage Assessment

Evaluating Chicago Atlantic Real Estate Fi's durable competitive advantages across 6 defense dimensions

Overall Moat Strength
71
/100
Moderate
Scores based on quantitative metrics and qualitative factors

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Rent Pricing Power

Moderate
69
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For informational purposes only. Not investment advice.

Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Equity REITs vs Industry Peers 88% Coverage
Trade-Off Triangle Visualization A ternary plot showing REFI's balance between Growth (21.8%), Profitability (39.7%), and Safety (38.5%). Growth 22% Safety 39% Profitability 40%

Click axes to expand details. Marker shows current allocation.

3-Year Trend Analysis Locked
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Growth

34th percentile vs peers
34
Key Signals
FFO/Share 14.98 94p AFFO/Share 14.98 91p Rev Growth YoY -4.4% 27p EPS Growth YoY -10.9% 38p TSR -21.5% 32p
Strengths
  • FFO/Share in top 20% of peers (14.98, 94th percentile)
  • AFFO/Share in top 20% of peers (14.98, 91th percentile)
  • AFFO Margin in top 20% of peers (5.37, 97th percentile)
Risks
  • FFO Growth YoY in bottom 20% of peers (-50.1%)

Profitability

62th percentile vs peers
63
Key Signals
Strengths
Risks
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Safety

61th percentile vs peers
61
Key Signals
Strengths
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Two Futures

Scenario-based fair value ranges for Chicago Atlantic Real Estate Fi.

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Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

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Bear
-
- - -
- upside
-
Base
$242.84
- - -
+1884.0% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
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