Is Chicago Atlantic Real Estate Finance Inc (REFI) overvalued? · P/E 7.8, rev $13.7M
Chicago Atlantic Real Estate Finance Inc (REFI) is a reit - mortgage company listed on NASDAQ.
This page asks whether Chicago Atlantic Real Estate Finance Inc (REFI) looks expensive on cached numbers — not a short thesis.
Latest reported REFI revenue for 2023-06-30 was $13.7M. Net income was $8.6M. Revenue was down 8.3% from 2023-03-31 to 2023-06-30. REFI currently screens at market cap $237.1M and trailing P/E 7.8.
REFI currently screens at market cap $237.1M and trailing P/E 7.8. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next REFI 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the REFI stock page for the full model, not this heading.
Not investment advice.