REFI (Chicago Atlantic Real Estate Finance) Moat Score: 2/10 (As of Aug. 04, 2026)

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REFI Chicago Atlantic Real Estate Finance Inc REFI
46 GF Score
Price $10.00
GF Value $13.73
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Chicago Atlantic Real Estate Finance Moat Score?

Chicago Atlantic Real Estate Finance REFI +1.01% 46 Moat Score is 2 as of Aug. 04, 2026. GuruFocus rates REFI with a GF Score™ of 46/100 and a GF Value™ of $13.73 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 969 REITs companies, Chicago Atlantic Real Estate Finance ranks better than 70.07% on this metric.

Chicago Atlantic Real Estate Finance has the Moat Score of 2, which implies that the company might have No Moat - Very weak/transient advantages.

Chicago Atlantic Real Estate Finance has No Moat: REFI lacks significant market leadership or unique competitive advantages. The real estate finance sector is highly competitive with low switching costs and minimal regulatory barriers. The company does not possess strong brand strength, intellectual property, or cost advantages that would provide a sustainable competitive edge.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Chicago Atlantic Real Estate Finance might have No Moat - Very weak/transient advantages.

Chicago Atlantic Real Estate Finance  (NAS:REFI) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Chicago Atlantic Real Estate Finance Moat Score Related Terms

REFI vs ACRE, RC, MITT: Moat Score Comparison

For the REIT - Mortgage subindustry, Chicago Atlantic Real Estate Finance's Moat Score, along with its competitors' market caps and Moat Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Chicago Atlantic Real Estate Finance Moat Score vs REITs Industry

For the REITs industry and Real Estate sector, Chicago Atlantic Real Estate Finance's Moat Score distribution charts can be found below:

* The bar in red indicates where Chicago Atlantic Real Estate Finance's Moat Score falls into.


REFI
46GF Score
Chicago Atlantic Real Estate Finance Inc REFI
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 2 mean?
Chicago Atlantic Real Estate Finance (REFI) has a Moat Score of 2 as of Aug. 04, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Chicago Atlantic Real Estate Finance ranks #290 out of 969 companies in the REITs industry, placing it in the top 29.9%.
Is Chicago Atlantic Real Estate Finance's Moat Score too high?
Chicago Atlantic Real Estate Finance's current Moat Score is 2. Based on the distribution chart, Chicago Atlantic Real Estate Finance ranks #290 out of 969 companies in the REITs industry, which is above the industry midpoint. Overall, Chicago Atlantic Real Estate Finance has a GF Score™ of 46/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chicago Atlantic Real Estate Finance's Moat Score compare to ACRE and RC?
According to the REITs industry distribution chart, Chicago Atlantic Real Estate Finance ranks #290 out of 969 companies for Moat Score. This puts Chicago Atlantic Real Estate Finance in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a REITs company?
A good Moat Score depends on the REITs industry context. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. Chicago Atlantic Real Estate Finance's current Moat Score is 2. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chicago Atlantic Real Estate Finance stock overvalued right now?
Based on GuruFocus' analysis, Chicago Atlantic Real Estate Finance (REFI) is currently considered Modestly Undervalued. The stock's GF Value™ is $13.73, compared to a current price of $10.00 — trading 27.2% below its estimated fair value. The current Moat Score is 2. Chicago Atlantic Real Estate Finance's overall GF Score™ is 46/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Chicago Atlantic Real Estate Finance (REFI), the current Moat Score is 2 as of Aug. 04, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Chicago Atlantic Real Estate Finance (REFI) Overvalued in 2026?

Based on GuruFocus' analysis, Chicago Atlantic Real Estate Finance stock appears to be undervalued. The current stock price of $10.00 is trading 27.2% below its estimated GF Value™ of $13.73. GuruFocus considers Chicago Atlantic Real Estate Finance to be Modestly Undervalued.

Key valuation signals for REFI:

  • Moat Score: 2
  • GF Value™: $13.73 vs. price of $10.00 (27.2% below fair value)
  • GF Score™: 46/100 with 5 warning signs

No single metric tells the full story. See the REFI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Chicago Atlantic Real Estate Finance Business Description

Industry Real EstateREITs
Address 1680 Michigan Avenue, Suite 700, Miami Beach, FL, USA, 33139
Chicago Atlantic Real Estate Finance Inc is engaged in a commercial real estate finance company. The Company operates as one operating segment, and its primary investment objective is to provide attractive, risk-adjusted returns for stockholders over time, mainly through consistent current income (dividends and distributions) and secondarily, through capital appreciation. The company operates mainly within the USA itself.
46GF Score

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Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.00
Price
$13.73
GF Value