CHICAGO ATLANTIC REAL ESTATE (REFI) Stock Fundamental Analysis
USA - NASDAQ:REFI - US1672391026 - REIT
13.23 USD
-0.2 (-1.49%)
13.23 USD
0 (0%)
Taking everything into account, REFI scores 6 out of 10 in our fundamental rating. REFI was compared to 67 industry peers in the Mortgage Real Estate Investment Trusts (REITs)" industry. REFI has an excellent profitability rating, but there are some minor concerns on its financial health. REFI has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year REFI was profitable.
In the past year REFI had a positive cash flow from operations.
REFI had positive earnings in 4 of the past 5 years.
REFI had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
REFI's Return On Assets of 8.36% is amongst the best of the industry. REFI outperforms 100.00% of its industry peers.
REFI's Return On Equity of 12.27% is amongst the best of the industry. REFI outperforms 97.01% of its industry peers.
REFI has a better Return On Invested Capital (6.95%) than 98.51% of its industry peers.
REFI had an Average Return On Invested Capital over the past 3 years of 7.95%. This is significantly above the industry average of 1.28%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.36% | ||
| ROE | 12.27% | ||
| ROIC | 6.95% |
ROA(3y)9.57%
ROA(5y)N/A
ROE(3y)12.82%
ROE(5y)N/A
ROIC(3y)7.95%
ROIC(5y)N/A
1.3 Margins
REFI's Profit Margin of 60.07% is amongst the best of the industry. REFI outperforms 98.51% of its industry peers.
REFI's Profit Margin has declined in the last couple of years.
With an excellent Operating Margin value of 60.07%, REFI belongs to the best of the industry, outperforming 95.52% of the companies in the same industry.
REFI's Operating Margin has declined in the last couple of years.
REFI has a better Gross Margin (88.39%) than 97.01% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 60.07% | ||
| PM (TTM) | 60.07% | ||
| GM | 88.39% |
OM growth 3Y-11.53%
OM growth 5YN/A
PM growth 3Y-11.31%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
REFI has more shares outstanding than it did 1 year ago.
The debt/assets ratio for REFI is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.59, we must say that REFI is in the distress zone and has some risk of bankruptcy.
REFI has a better Altman-Z score (1.59) than 91.04% of its industry peers.
REFI has a debt to FCF ratio of 4.99. This is a neutral value as REFI would need 4.99 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 4.99, REFI belongs to the best of the industry, outperforming 98.51% of the companies in the same industry.
A Debt/Equity ratio of 0.39 indicates that REFI is not too dependend on debt financing.
REFI has a Debt to Equity ratio of 0.39. This is amongst the best in the industry. REFI outperforms 98.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.39 | ||
| Debt/FCF | 4.99 | ||
| Altman-Z | 1.59 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 1.63 indicates that REFI should not have too much problems paying its short term obligations.
The Current ratio of REFI (1.63) is better than 92.54% of its industry peers.
REFI has a Quick Ratio of 1.63. This is a normal value and indicates that REFI is financially healthy and should not expect problems in meeting its short term obligations.
REFI has a Quick ratio of 1.63. This is amongst the best in the industry. REFI outperforms 92.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.63 | ||
| Quick Ratio | 1.63 |
3. Growth
3.1 Past
The earnings per share for REFI have decreased by -7.58% in the last year.
The Earnings Per Share has been growing by 8.53% on average over the past years. This is quite good.
The Revenue has been growing slightly by 1.94% in the past year.
The Revenue has been growing by 77.47% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-7.58%
EPS 3Y8.53%
EPS 5YN/A
EPS Q2Q%-10.87%
Revenue 1Y (TTM)1.94%
Revenue growth 3Y77.47%
Revenue growth 5YN/A
Sales Q2Q%9.85%
3.2 Future
Based on estimates for the next years, REFI will show a small growth in Earnings Per Share. The EPS will grow by 3.78% on average per year.
REFI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.67% yearly.
EPS Next Y-3.24%
EPS Next 2Y-1.91%
EPS Next 3Y3.78%
EPS Next 5YN/A
Revenue Next Year-2.56%
Revenue Next 2Y1.14%
Revenue Next 3Y4.67%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 7.23, which indicates a rather cheap valuation of REFI.
Based on the Price/Earnings ratio, REFI is valued cheaply inside the industry as 88.06% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 27.30, REFI is valued rather cheaply.
REFI is valuated cheaply with a Price/Forward Earnings ratio of 7.31.
Compared to the rest of the industry, the Price/Forward Earnings ratio of REFI indicates a rather cheap valuation: REFI is cheaper than 82.09% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.73, REFI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.23 | ||
| Fwd PE | 7.31 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of REFI indicates a somewhat cheap valuation: REFI is cheaper than 67.16% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.56 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The decent profitability rating of REFI may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-1.91%
EPS Next 3Y3.78%
5. Dividend
5.1 Amount
REFI has a Yearly Dividend Yield of 13.10%, which is a nice return.
REFI's Dividend Yield is a higher than the industry average which is at 11.13.
Compared to an average S&P500 Dividend Yield of 2.45, REFI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 13.1% |
5.2 History
REFI has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
REFI pays out 111.84% of its income as dividend. This is not a sustainable payout ratio.
DP111.84%
EPS Next 2Y-1.91%
EPS Next 3Y3.78%
13.23
-0.2 (-1.49%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Earnings (Last)
Earnings (Next)
Inst Owners35.34%
Inst Owner Change-1.8%
Ins Owners14.14%
Ins Owner Change6.53%
Market Cap278.76M
Analysts81.82
Price Target17.98 (35.9%)
Short Float %2.52%
Short Ratio4.41
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 13.1% |
Yearly Dividend2.13
Dividend Growth(5Y)N/A
DP111.84%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-4.5%
Min EPS beat(2)-9.16%
Max EPS beat(2)0.17%
EPS beat(4)2
Avg EPS beat(4)-2.41%
Min EPS beat(4)-15.03%
Max EPS beat(4)14.38%
EPS beat(8)3
Avg EPS beat(8)-4.45%
EPS beat(12)5
Avg EPS beat(12)-3.22%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)0.28%
Min Revenue beat(2)-4.02%
Max Revenue beat(2)4.58%
Revenue beat(4)2
Avg Revenue beat(4)0.91%
Min Revenue beat(4)-4.02%
Max Revenue beat(4)6.78%
Revenue beat(8)3
Avg Revenue beat(8)-1.56%
Revenue beat(12)6
Avg Revenue beat(12)0.25%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)-12.46%
EPS NQ rev (3m)-16.44%
EPS NY rev (1m)-5.77%
EPS NY rev (3m)-8.08%
Revenue NQ rev (1m)-6.74%
Revenue NQ rev (3m)-8.89%
Revenue NY rev (1m)-5.61%
Revenue NY rev (3m)-7.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.23 | ||
| Fwd PE | 7.31 | ||
| P/S | 4.4 | ||
| P/FCF | 11.56 | ||
| P/OCF | 11.56 | ||
| P/B | 0.9 | ||
| P/tB | 0.9 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.83
EY13.83%
EPS(NY)1.81
Fwd EY13.67%
FCF(TTM)1.14
FCFY8.65%
OCF(TTM)1.14
OCFY8.65%
SpS3.01
BVpS14.71
TBVpS14.71
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.36% | ||
| ROE | 12.27% | ||
| ROCE | 8.8% | ||
| ROIC | 6.95% | ||
| ROICexc | 7.57% | ||
| ROICexgc | 7.57% | ||
| OM | 60.07% | ||
| PM (TTM) | 60.07% | ||
| GM | 88.39% | ||
| FCFM | 38.07% |
ROA(3y)9.57%
ROA(5y)N/A
ROE(3y)12.82%
ROE(5y)N/A
ROIC(3y)7.95%
ROIC(5y)N/A
ROICexc(3y)8.22%
ROICexc(5y)N/A
ROICexgc(3y)8.22%
ROICexgc(5y)N/A
ROCE(3y)10.97%
ROCE(5y)N/A
ROICexcg growth 3Y24.05%
ROICexcg growth 5YN/A
ROICexc growth 3Y24.05%
ROICexc growth 5YN/A
OM growth 3Y-11.53%
OM growth 5YN/A
PM growth 3Y-11.31%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score3
Asset Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.39 | ||
| Debt/FCF | 4.99 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 5.19 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 63.39% | ||
| Current Ratio | 1.63 | ||
| Quick Ratio | 1.63 | ||
| Altman-Z | 1.59 |
F-Score3
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)62.87%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-7.58%
EPS 3Y8.53%
EPS 5YN/A
EPS Q2Q%-10.87%
EPS Next Y-3.24%
EPS Next 2Y-1.91%
EPS Next 3Y3.78%
EPS Next 5YN/A
Revenue 1Y (TTM)1.94%
Revenue growth 3Y77.47%
Revenue growth 5YN/A
Sales Q2Q%9.85%
Revenue Next Year-2.56%
Revenue Next 2Y1.14%
Revenue Next 3Y4.67%
Revenue Next 5YN/A
EBIT growth 1Y2.28%
EBIT growth 3Y57.01%
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y11.92%
FCF growth 3Y51.43%
FCF growth 5YN/A
OCF growth 1Y11.92%
OCF growth 3Y51.43%
OCF growth 5YN/A