Chicago Atlantic BDC Inc
NASDAQ:LIEN

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Chicago Atlantic BDC Inc
NASDAQ:LIEN
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Price: 9.55 USD 1.6% Market Closed
Market Cap: $217.9m

EV/EBIT

7.3
Current
50%
More Expensive
vs 3-y median of 4.8

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
7.3
=
Enterprise Value
$240.2m
/
EBIT
$33.1m

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
7.3
=
Enterprise Value
$240.2m
/
EBIT
$33.1m

Valuation Scenarios

Chicago Atlantic BDC Inc is trading above its 3-year average

If EV/EBIT returns to its 3-Year Average (4.8), the stock would be worth $6.37 (33% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-33%
Maximum Upside
+175%
Average Upside
70%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 7.3 $9.55
0%
3-Year Average 4.8 $6.37
-33%
5-Year Average 4.8 $6.37
-33%
Industry Average 20 $26.29
+175%
Country Average 19.6 $25.82
+170%

Forward EV/EBIT
Today’s price vs future ebit

Not enough data available to calculate forward EV/EBIT

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
US
Chicago Atlantic BDC Inc
NASDAQ:LIEN
217.9m USD 7.3 6.5
US
BlackRock Inc
NYSE:BLK
163.2B USD 19.6 26.1
US
Blackstone Inc
NYSE:BX
153.3B USD 22.5 52.2
CA
Brookfield Corp
NYSE:BN
104.6B USD 17.1 91.7
US
Bank of New York Mellon Corp
NYSE:BK
93B USD 0 17.5
US
KKR & Co Inc
NYSE:KKR
92.4B USD 285.8 41.3
ZA
Ninety One Ltd
JSE:NY1
84B ZAR -41.1 24.7
US
BROOKFIELD ASSET MANAGEMENT LTD
F:RW5
67.7B EUR 28.8 31.4
CA
BROOKFIELD ASSET MANAGEMENT LTD
TSX:BAM
108.9B CAD 29.4 32.2
CA
Brookfield Asset Management Inc
NYSE:BAM
80.8B USD 29.8 32.5
US
Ameriprise Financial Inc
NYSE:AMP
41.6B USD 12.1 11.7
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Chicago Atlantic BDC Inc
NASDAQ:LIEN
Average EV/EBIT: 50.3
7.3
N/A N/A
US
BlackRock Inc
NYSE:BLK
19.6
22%
0.9
US
Blackstone Inc
NYSE:BX
22.5
28%
0.8
CA
Brookfield Corp
NYSE:BN
17.1
-24%
N/A
US
Bank of New York Mellon Corp
NYSE:BK
Not Available N/A N/A
US
KKR & Co Inc
NYSE:KKR
285.8
172%
1.7
ZA
N
Ninety One Ltd
JSE:NY1
Negative Multiple: -41.1 N/A N/A
US
BROOKFIELD ASSET MANAGEMENT LTD
F:RW5
28.8
21%
1.4
CA
B
BROOKFIELD ASSET MANAGEMENT LTD
TSX:BAM
29.4
21%
1.4
CA
Brookfield Asset Management Inc
NYSE:BAM
29.8
21%
1.4
US
Ameriprise Financial Inc
NYSE:AMP
12.1
-1%
N/A

Market Distribution

Lower than 93% of companies in the United States of America
Percentile
7th
Based on 8 638 companies
7th percentile
7.3
Low
0 — 13.6
Typical Range
13.6 — 27.8
High
27.8 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 13.6
Median 19.6
70th Percentile 27.8
Max 1 826 183.2

Chicago Atlantic BDC Inc
Glance View

Market Cap
217.9m USD
Industry
Financial Services

Silver Spike Investment Corp. operates as a closed-end, non-diversified management investment company. The company is headquartered in New York City, New York and currently employs 0 full-time employees. The company went IPO on 2022-01-31. The Company’s investment objective is to maximize risk-adjusted returns on equity for its stockholders by investing primarily in direct loans to privately held middle-market companies, with a focus on cannabis companies in the health and wellness sector. The company seeks to capitalize on opportunities in private markets by providing debt capital to lower middle market companies, typically non-sponsor, and unique industries facing structural reasons for an insufficient supply of capital. The firm is managed by Chicago Atlantic BDC Advisers, LLC, an investment manager focused on the cannabis and other niche or underfollowed sectors.

LIEN Intrinsic Value
LOCKED
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