REFI - NASDAQ

Chicago Atlantic Real Estate Finance, Inc.

REFI·NASDAQ

$11.06

-2.0%

Real EstateREIT - Mortgage

Chicago Atlantic Real Estate Finance, Inc. operates as a commercial real estate finance company in the United States. It originates, structures, and invests in first mortgage loans and alternative structured financings secured by commercial real estate properties. The company offers senior loans to state-licensed operators and property owners in the cannabis industry. It has elected to be taxed as a real estate investment trust (REIT) and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was incorporated in 2021 and is based in Chicago, Illinois.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$234.55M

EPS1.7100

P/E Ratio6.47

Earnings Date08/06/2026

refi

Depreciation and Amortization

Last Annual Value

406.66M

3-Year CAGR

-10%

5-Year CAGR

426%

10-Year CAGR

129%

Adjust for Inflation

Chicago Atlantic Real Estate Finance, Inc. Competitors Analysis of Depreciation and Amortization

REFI · NASDAQ

Company	Depreciation and Amortization	CAGR 3Y	CAGR 5Y	CAGR 10Y
Chicago Atlantic Real Estate Finance, Inc. NASDAQ:REFI	406.66M	N/A	425.8%	N/A
Sachem Capital Corp. AMEX:SACH	2.20M	102.2%	92.4%	46.7%
Ellington Credit Company NYSE:EARN	0.00	N/A	N/A	N/A
Seven Hills Realty Trust NASDAQ:SEVN	-2.05M	N/A	N/A	N/A
Lument Finance Trust, Inc. NYSE:LFT	1.48M	N/A	28.3%	N/A
Angel Oak Mortgage, Inc. NYSE:AOMR	4.53M	N/A	N/A	N/A
Claros Mortgage Trust, Inc. NYSE:CMTG	0.00	N/A	N/A	N/A
Advanced Flower Capital Inc. NASDAQ:AFCG	252.76K	N/A	50.4%	N/A
NexPoint Real Estate Finance, Inc. NYSE:NREF	14.13M	79.0%	N/A	24.3%

Chicago Atlantic Real Estate Finance, Inc. Fair Value Envelope

REFI · NASDAQ

Our analysis suggests that REFI has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $11.06, this represents a potential HIDDEN relative to our calculated worth for Chicago Atlantic Real Estate Finance, Inc..

HIDDEN

Intrinsic Value

Current Price: $11.06

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