Chicago Atlantic Real Estate Finance, Inc. (REFI)
Full history for every metric is available with a Kvantra account
No price history available.
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | - | 14 | 49 | 57 | 55 | 63 | 60 | 58 |
| Operating profit | $m | 36 | 25 | ||||||
| Net profit | $m | - | 13 | 32 | 39 | 37 | 36 | 29 | 41 |
| EPS reported | $ | 1.68 | 1.37 | ||||||
| Operating cashflow per share | $ | 1.37 | 1.27 | ||||||
| Capex per share | $ | 0.00 | 0.00 | ||||||
| FCF per share | $ | 1.37 | 1.27 | ||||||
| Free cash flow | $m | 29 | 27 | ||||||
| Net debt | $m | 83 | 127 | ||||||
| Book value equity | $m | 308 | 302 | ||||||
| Book value per share | $ | 14.36 | 13.89 | ||||||
| Number of shares | m | 21.43 | 21.71 | ||||||
| DPS (TTM paid) | $ | 1.88 | 2.35 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | 7.30 | 7.77 | ||||||
| P/B LTM | x | 0.84 | 0.85 | ||||||
| P/S LTM | x | 4.08 | 4.28 | ||||||
| P/FCF LTM | x | 8.94 | 9.56 | ||||||
| EV/EBITDA LTM | x | 9.47 | 13.70 | ||||||
| EV/Sales LTM | x | 5.40 | 4.20 | ||||||
| Earnings Yield LTM | % | +13.70% | +12.87% | ||||||
| FCF Yield | % | +11.18% | +10.46% | ||||||
| Quality | |||||||||
| ROE | % | +11.70% | +9.62% | ||||||
| ROIC | % | +8.85% | +5.37% | ||||||
| Operating margin | % | +57.07% | +41.39% | ||||||
| Gross margin | % | +86.88% | +91.25% | ||||||
| FCF/Sales | % | +45.63% | +44.76% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | -10.64% | -27.13% | ||||||
| Sales Growth YoY | % | +15.18% | +9.79% | ||||||
| Net Income Growth YoY | % | -2.79% | -20.62% | ||||||
| FCF Growth | % | +24.33% | +16.25% | ||||||
| Operating Profit Growth | % | - | - | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | +17.03% | +18.52% | ||||||
| Dividend Growth | % | -8.74% | +14.08% | ||||||
| Payout Ratio | % | +121.77% | +137.77% | ||||||
| FCF/Debt | x | 0.29 | 0.19 | ||||||
| Net Debt/EBITDA | x | 2.32 | 1.45 | ||||||
| EBIT/Net interest | x | 4.77 | 3.18 | ||||||
| Net debt/market cap | % | +38.23% | +87.80% | ||||||
| Net debt/Equity | x | 0.27 | 0.42 | ||||||
| Gross debt/equity | x | 0.32 | 0.47 | ||||||
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| ESG-score | |||
| Environmental score | |||
| Social score | |||
| Governance score | |||
| Risk rating |
Company overview
Chicago Atlantic Real Estate Finance, Inc. functions as a commercial real estate financing enterprise operating throughout the United States. Its primary activities include developing, arranging, and deploying capital into various secured debt instruments, notably first mortgage loans, which are collateralized by commercial properties. A specific area of focus for the company is extending senior-priority loans to both state-approved operators and property owners within the legal cannabis industry. Chicago Atlantic has chosen to be taxed as a Real Estate Investment Trust (REIT), which allows it to avoid federal corporate income tax, conditional on distributing a minimum of 90% of its taxable profits to its investors. The firm was established in 2021 and is headquartered in Chicago, Illinois.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Chicago Atlantic Real Estate Finance, Inc. (REFI)
No price history available.
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
Chicago Atlantic Real Estate Finance, Inc. functions as a commercial real estate financing enterprise operating throughout the United States. Its primary activities include developing, arranging, and deploying capital into various secured debt instruments, notably first mortgage loans, which are collateralized by commercial properties. A specific area of focus for the company is extending senior-priority loans to both state-approved operators and property owners within the legal cannabis industry. Chicago Atlantic has chosen to be taxed as a Real Estate Investment Trust (REIT), which allows it to avoid federal corporate income tax, conditional on distributing a minimum of 90% of its taxable profits to its investors. The firm was established in 2021 and is headquartered in Chicago, Illinois.
Unlock all fundamental data
Sign up for FreeUnlock all fundamental data
Sign up for Free