Chicago Atlantic Real Estate Finance Inc
NASDAQ:REFI

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Chicago Atlantic Real Estate Finance Inc
NASDAQ:REFI
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Price: 16.05 USD 0.5% Market Closed
Market Cap: 314.9m USD
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Relative Value

The Relative Value of one REFI stock under the Base Case scenario is 21.42 USD. Compared to the current market price of 16.05 USD, Chicago Atlantic Real Estate Finance Inc is Undervalued by 25%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

REFI Relative Value
Base Case
21.42 USD
Undervaluation 25%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
27
vs Industry
38
Median 3Y
4.7
Median 5Y
4.7
Industry
3.7
Forward
5.2
vs History
29
vs Industry
43
Median 3Y
7.7
Median 5Y
7.7
Industry
16.6
Forward
8.2
vs History
81
vs Industry
42
Median 3Y
12.9
Median 5Y
12.9
Industry
11.2
vs History
16
vs Industry
42
Median 3Y
5.2
Median 5Y
5.2
Industry
13.3
vs History
21
vs Industry
32
Median 3Y
1
Median 5Y
1
Industry
0.9
vs History
40
vs Industry
48
Median 3Y
5.6
Median 5Y
5.6
Industry
6.7
Forward
6
vs History
35
vs Industry
63
Median 3Y
6.2
Median 5Y
6.2
Industry
12
vs History
40
vs Industry
54
Median 3Y
9.1
Median 5Y
9.1
Industry
16
Forward
7.4
vs History
40
vs Industry
55
Median 3Y
9.1
Median 5Y
9.1
Industry
19.2
Forward
9.6
vs History
81
vs Industry
50
Median 3Y
14
Median 5Y
14
Industry
18.6
vs History
81
vs Industry
43
Median 3Y
14
Median 5Y
14
Industry
20
vs History
21
vs Industry
24
Median 3Y
1
Median 5Y
1
Industry
0.7

Multiples Across Competitors

REFI Competitors Multiples
Chicago Atlantic Real Estate Finance Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Chicago Atlantic Real Estate Finance Inc
NASDAQ:REFI
315.1m USD 5 8.2 9.4 9.4
US
New Residential Investment Corp
LSE:0K76
453.6B USD 122.7 936.6 4 315.7 4 315.7
US
Annaly Capital Management Inc
NYSE:NLY
11.1B USD 2.3 -299.5 522.5 620.8
US
AGNC Investment Corp
NASDAQ:AGNC
8.2B USD 2 8 75.3 75.3
US
Starwood Property Trust Inc
NYSE:STWD
6.7B USD 3.2 18 193.2 310.3
US
Rithm Capital Corp
NYSE:RITM
5.7B USD 1.5 11.8 301.8 301.8
US
Hannon Armstrong Sustainable Infrastructure Capital Inc
NYSE:HASI
3.4B USD 7.2 10.1 158.7 162.4
US
Blackstone Mortgage Trust Inc
NYSE:BXMT
3.2B USD 1.7 -13.2 -83.4 -82.9
US
Arbor Realty Trust Inc
NYSE:ABR
2.7B USD 1.8 10.8 37.1 38.2
US
Ladder Capital Corp
NYSE:LADR
1.5B USD 2.9 15.6 27 36.2
US
Apollo Commercial Real Estate Finance Inc
NYSE:ARI
1.3B USD 1.5 -9.8 40.6 43.2

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