Chicago Atlantic Real Estate Finance, Inc. (REFI) Stock Score, Valuation & Financial Research
Chicago Atlantic Real Estate Finance, Inc. is in the Real Estate sector and REIT - Mortgage industry. It is reviewed using Wall Street Score's company-strength, valuation, growth and financial-health framework. The current Wall Street Score is 63/100.
Quick answer for REFI
Chicago Atlantic Real Estate Finance, Inc. currently has a Wall Street Score of 63/100. The stored market price is $10.78. Its financial score is 12/100. Its valuation score is 100/100. The latest WSS change is +0.4 points. These figures are a research snapshot, not a buy or sell recommendation.
What Chicago Atlantic Real Estate Finance, Inc. does
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.
REFI financial snapshot
- Wall Street Score:
- 63/100
- Current price:
- $10.78
- Market capitalization:
- $229.8M
- Revenue:
- $59.5M
- Net income:
- $30.8M
- Free cash flow:
- $28.8M
- Cash:
- $27.9M
- Total debt:
- $116.4M
- EPS:
- 1.71
- P/E ratio:
- 6.3x
- Financial score:
- 12/100
- Valuation score:
- 100/100
- Revenue score:
- 41/100
What stands out
- Reported year-over-year revenue growth is -0.1%.
- Free cash flow is $28.8M, showing positive cash generation.
- The balance sheet shows $27.9M of cash versus $116.4M of total debt, so leverage deserves attention.
- The latest Wall Street Score change is +0.4 points: REFI increased 0.4 points because Capital improved by 2 points.
What the numbers mean
Its current valuation score is 100/100, which Wall Street Score classifies as strong within the model's valuation framework.
The financial score is 12/100. This is a starting point for reviewing liquidity, leverage and cash-flow strength rather than a stand-alone recommendation.
A strong company and an attractive stock price are not always the same thing. Revenue, earnings, free cash flow, debt, management quality, competitive advantage and valuation should be considered together. Wall Street Score organizes these inputs into a consistent research framework so investors can identify what deserves deeper review.
Data freshness: Financial data last refreshed 2026-07-24.
How to research REFI
Start by understanding how the company makes money. Then compare revenue and earnings trends, cash generation, debt, liquidity and valuation. Review the company's latest filings and earnings reports before acting on any score or model estimate.
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Data may change as company filings and market prices update. Educational research only; not a buy or sell recommendation.