Chicago Atlantic BDC Stock Analysis

LIEN Stock   9.01  -0.33  -3.53%   
At the current market price of $9.01, LIEN trades below the analyst target price of $11.0. For LIEN, the central analytical question is whether the current price accurately reflects intrinsic value. Fundamental metrics and price behavior for LIEN are examined below to identify alignment or divergence between the two signals.
In the latest reported period, Net Debt is holding steady around $22.07 billion. Also, Net Debt To EBITDA is holding steady around 639.04x. Rising leverage combined with declining revenue creates a compounding risk dynamic for Chicago Atlantic. The gap between return on invested capital and the weighted average cost of debt determines whether leverage creates or destroys value.
 
Debt Ratio  
 First Reported
2010-12-31
 Previous Quarter
0.07
 Current Value
0.07
 Quarterly Volatility
0
Macro event markers
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Latest disclosures for Chicago Atlantic BDC show $54.3 million in Total Revenue, $2.5 million in Net Income, and $36.3 million in Operating Income.
  

Stock Analysis Notes

About 34.0% of LIEN shares are owned by institutional investors. LIEN has price-to-book ratio of 0.7. At this Price to Book (P/B), the stock trades below book value, which may reflect distressed fundamentals or potential undervaluation. Chicago Atlantic had its last dividend issued on the 30th of March 2026. Latest disclosures for Chicago Atlantic BDC show $342.0 billion in Total Assets, a Return On Tangible Assets of 0.01%, and a Debt To Assets of 5.9%.

Retained Earnings

26,933
Retained Earnings stood at $25,650 as of December 31, 2025.

Investor Insights and Alerts

Chicago Atlantic BDC generated a negative expected return over the last 90 days
Chicago Atlantic BDC has a poor financial position based on the latest SEC disclosures
On 14th of April 2026 Chicago Atlantic paid 0.34 per share dividend to its current shareholders
Latest headline from news.google.com: Chicago Atlantic BDC to Release Quarterly Earnings on Thursday - Market Beat

Largest EPS Surprises

EPS surprise history helps explain abrupt moves in Chicago Atlantic's price behavior. A negative gap to consensus tends to pressure valuation, while a positive gap can support re-rating. For this stock, read EPS surprises with profitability quality and forward revisions.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-11-08
2024-09-30-0.01-0.0266-0.0166166 
2025-05-14
2025-03-310.280.330.0517 
2025-11-13
2025-09-300.3550.420.06518 
View All Earnings Estimates

Environmental, Social, and Governance (ESG) Scores

ESG scores for Chicago Atlantic BDC track environmental, social, and governance factors that can affect operations and valuation over time. The business currently sits in the Financial Services sector and the Asset Management industry. ESG data works best as a risk and quality layer rather than a standalone score.

Market Capitalization

At roughly $205.61 million, Chicago Atlantic BDC belongs to the small-cap segment of asset management & custody banks. Supplemental capitalization data includes enterprise value near $227.68 million and about 22.82 million shares outstanding.

Profitability

Profitability analysis for Chicago Atlantic BDC focuses on how well revenue converts into operating income, net income, and free cash flow. This separates genuinely strong businesses from names that appear cheap only because the market expects weak results. LIEN has Profit Margin (PM) of 61.0%. Similarly, it shows Operating Margin (OM) of 57.0%.
Last ReportedEnd Of Year Estimate

Management Efficiency

LIEN has return on total asset (ROA) of 6.2% suggesting that deployed capital is earning a positive return. This is on par with sector averages. Chicago Atlantic also reports a return on stockholder's equity (ROE) of 11.01%, suggesting that equity holders are earning on their invested capital.
Last ReportedEnd Of Year Estimate
Book Value Per Share13,295.7113,960.49
Tangible Book Value Per Share13,295.7113,960.49
Enterprise Value Multiple645.87x678.16x
Enterprise Value$91.94 million$96.54 million
Management execution at Chicago Atlantic BDC is evaluated by whether strategy, financial discipline, and operating results are moving in the same direction. In practice, management analysis provides context for determining whether recent results reflect skill, favorable timing, or a mix of both.
 Operating Margin
56.7%
 Three Month Return
-12.44
 Short Long Term Debt Total
20 billion
 Three Year Return
4.52
 Expected Return
-0.14

Technical Drivers

Market data as of the 10th of May shows Chicago Atlantic priced at 9.01 per share. Measured indicators report Risk Adjusted Performance of -0.09, standard deviation of 1.31, and Mean Deviation of 0.9805. The model examines historical data series to identify measurable trend characteristics. Technical levels are measured against peer distributions.

Price Movement Analysis - Bollinger Bands

Incorrect Input. Please change your parameters or increase the time horizon required for running this function.The Double Exponential Moving Average indicator was developed by Patrick Mulloy. It consists of a single exponential moving average and a double exponential moving average. This indicator is more responsive to Chicago Atlantic BDC changes than the simple moving average.

Insider Trading Activities

Insider disclosures for Chicago Atlantic BDC show how people closest to the business are behaving as market expectations change. The goal is to tell routine pay-related sales apart from trades that reflect genuine conviction.

Outstanding Bonds

Corporate bonds issued by Chicago Atlantic BDC matter because they shape interest expense, maturity risk, and the flexibility management has during tighter credit conditions. Longer-dated obligations can improve financing stability, but they also leave investors more exposed if the underlying business weakens before the debt matures.

Predictive Daily Indicators

Intraday indicators for Chicago Atlantic BDC suit investors who need a shorter decision cycle and tighter control over timing. The key question is whether the signal helps manage exposure in real time, not whether it predicts every tick.

Corporate Filings

30th of April 2026
Other Reports
8K
14th of April 2026
Report filed with the SEC to announce major events that shareholders should know about
19th of March 2026
Other Reports
27th of February 2026
Other Reports
8K
19th of December 2025
Report filed with the SEC to announce major events that shareholders should know about
8K
1st of December 2025
Report filed with the SEC to announce major events that shareholders should know about
10Q
13th of November 2025
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
F4
22nd of September 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities

Forecast Models

A forecast for Chicago Atlantic BDC starts with historical data. Prices often signal trend and momentum shifts before fundamentals catch up. Financial data rarely stays stable for long, so the model is best used as a probability tool, not a price promise.

Financial Strength and Earnings Quality Indicators

Chicago Atlantic BDC financial ratings play a critical role in determining how much Chicago Atlantic has to pay to access credit markets, i.e., the amount of interest on their issued debt. The threshold between investment-grade and speculative-grade ratings has important market implications for Chicago Atlantic's borrowing costs.
Piotroski F Score
4
PoorView
Beneish M Score
-3.01
Unlikely ManipulatorView

Total Assets Over Time

Assets Financed by Debt

Debt finances 5.85% of LIEN's total assets — a relatively low share of the asset base, though leverage can still appear elevated relative to peers when measured against equity rather than total assets.
Chicago Atlantic Debt Ratio
    
  5.85   
The financial data indicates most of Chicago Atlantic's assets are financed through equity. A high debt-to-asset ratio signals elevated leverage, increasing Chicago Atlantic's exposure to interest rate changes and credit tightening. It can also constrain Chicago Atlantic's borrowing capacity and reduce financial flexibility.

Corporate Bonds Issued

Chicago Atlantic Net Debt

Net Debt

$23.17 billion
Net Debt stood at $22.07 billion as of December 31, 2025.

Stock Analysis Methodology

As a micro-cap equity, Chicago Atlantic is scored on valuation, solvency, and operating efficiency. Chicago Atlantic operates in Asset Management & Custody Banks within Financial Services. A beta of 0.2921 indicates low sensitivity to broad market moves. Chicago Atlantic trades at P/B of 0.7, P/S of 3.79.

Chicago Atlantic BDC figures are aggregated from periodic company reporting and market reference feeds and normalized across reporting formats. Analyst inputs may be included when coverage is available.

Editorial review and methodology oversight provided by: Rifka Kats, Member of Macroaxis Editorial Board

Current Chicago Atlantic Analyst Rating Consensus

Target PriceConsensus# of Analysts
11.0Hold1Odds
Current and historical analyst recommendations for Chicago Atlantic BDC are summarized from research sources. Average analyst consensus is included for context. Wall Street analysts covering Chicago Atlantic BDC typically update price targets and ratings quarterly. A rising consensus or cluster of upgrades for Chicago Atlantic often signals improving fundamental momentum.
Chicago Atlantic Analyst Advice Details

Chicago Atlantic Stock Analysis Indicators

Diagnostics snapshot includes 22 indicators such as Begin Period Cash Flow, Total Stockholder Equity, Net Borrowings.
Begin Period Cash Flow23.93 million
Total Stockholder Equity303.41 billion
Net Borrowings25 million
Cash And Short Term Investments2.93 billion
Net Invested Capital328.41 million
Cash2.93 billion
50 Day M A9.5863
Net Interest Income49.08 million
Total Current Liabilities25.07 billion
Forward Price Earnings6.2696
Interest Expense1.25 million
Common Stock Shares Outstanding22.82 million
Total Cashflows From Investing Activities-52.6 billion
Quarterly Earnings Growth Y O Y0.034
Free Cash Flow-20.48 billion
Accounts Payable7.78 million
Net Debt22.07 billion
Depreciation-2.91 billion
Other Operating Expenses19.77 million
Non Current Assets Total335.89 billion
Liabilities And Stockholders Equity342 billion
Non Currrent Assets Other335.63 billion

More Resources for Chicago Atlantic Stock Analysis

Understanding Chicago Atlantic BDC starts with its core financial statements, trend data, and ratio analysis. The dataset reflects Chicago Atlantic's available reporting history.