CA

Chicago Atlantic BDC, Inc.

LIENยทNASDAQ

$9.82

-0.46%
Financial ServicesAsset Management

Silver Spike Investment Corp., is a a business development company. It is a specialty finance company, focuses on investing across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately held cannabis companies. It intends to partner with private equity firms, entrepreneurs, business owners, and management teams to provide credit and equity financing alternatives to support buyouts, recapitalizations, growth initiatives, refinancings, and acquisitions across cannabis companies, including cannabis-enabling technology companies, cannabis-related health and wellness companies, and hemp and CBD distribution companies. The company was founded in 2021 and is based in New York, New York.

At a Glance

Live Snapshot
Market Cap$224.10M
EPS1.4600
P/E Ratio6.73
Earnings Date08/13/2026
CA

Chicago Atlantic BDC, Inc. Fair Value Envelope

LIEN ยท NASDAQ

Our analysis suggests that LIEN has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $9.82, this represents a potential HIDDEN relative to our calculated worth for Chicago Atlantic BDC, Inc..

Intrinsic Value
Current Price: $9.82

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value-$17.6M
+ Cash & Equivalents$2.9M
Firm Value-$14.7M
- Debt$25.0M
Equity Value-$39.7M
/ Shares Outstanding22,820,590B
DCF Value-$2
OVERVALUED BY 118%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
-$10.2M
-$5.1M
-$2.6M
-$1.3M
-$639.9K
-$320.0K
-$160.0K
-$80.0K
-$40.0K
-$20.0K
Maintenance CapEx
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
Owner Earnings
-$10.2M
-$5.1M
-$2.6M
-$1.3M
-$639.9K
-$320.0K
-$160.0K
-$80.0K
-$40.0K
-$20.0K
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
-$9.5M
-$4.4M
-$2.0M
-$940.7K
-$435.5K
-$201.6K
-$93.3K
-$43.2K
-$20.0K
-$9.3K
Terminal Value represents 0.0% of Enterprise Value
Negative Owner Earnings
This company generates negative free cash flow. Consider adjusting maintenance CapEx percentage or check the financial data.