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Upturn AI Summary - About
Chicago Atlantic BDC, Inc.(LIEN)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for LIEN
11/06/2026: LIEN (1-star) is currently NOT-A-BUY. Pass it for now.
Chicago Atlantic BDC, Inc. is a business development company focused on providing senior secured debt to middle-market businesses. Its primary strength lies in its specialized approach to underwriting and its commitment to senior secured positions, which helps mitigate risk in the volatile credit market. The company's main investment story revolves around its ability to generate steady income for shareholders through interest payments. Risks include intense competition for quality loans, exposure to rising interest rates, and the inherent risks of managing a concentrated credit portfolio. It is best suited for income-focused investors who should monitor portfolio credit quality and dividend coverage ratios closely.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | The company focuses on income generation rather than capital appreciation. |
| Momentum investor | Mixed fit | Momentum suitability is conditional on a positive Upturn signal in BDC sector trends. |
| Value investor | Mixed fit | The value fit depends on whether the stock trades at a discount or premium to its Net Asset Value. |
| Dividend investor | Strong fit | The company's structure mandates high distributions, making it inherently suitable for income-focused portfolios. |
| Low-risk investor | Weak fit | Exposure to middle-market credit and leverage inherent in the BDC model introduces volatility and credit risk. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium / high | BDC share prices can fluctuate based on interest rate sentiment and credit quality concerns. |
| Valuation risk | Medium | Trading significantly above Net Asset Value can expose investors to potential valuation compression. |
| Competition risk (Credit market competition) | High | Intense competition for quality loans can compress yield spreads and force loosening of underwriting standards. |
| Business quality | Medium | The reliance on external management and portfolio credit performance determines long-term success. |
| Dividend income | Medium / high | Dividends are dependent on the underlying portfolio's ability to generate steady interest income and avoid defaults. |
| Execution risk | Medium | The ability to originate quality loans while managing leverage and funding costs is crucial. |
Price Behavior
Rolling Over
The price momentum is slowing down and beginning to turn downward.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type Stock | Historic Profit -9.55% | Avg. Invested days 46 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 11/06/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 206.98M USD | Price to earnings Ratio 6.53 | 1Y Target Price 11 |
Price to earnings Ratio 6.53 | 1Y Target Price 11 | ||
Volume (30-day avg) 65.1K shares | Beta 0.3 | 52 Weeks Range 8.34 - 10.24 | Updated Date 11/07/2026 |
52 Weeks Range 8.34 - 10.24 | Updated Date 11/07/2026 | ||
Dividends yield (FY) 14.96% | Basic EPS (TTM) 1.39 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Direct Lending | Interest and fees earned from senior secured loans provided to middle-market companies. | The company earns money by acting as a lender to mid-sized businesses, collecting interest payments on the loans it issues. |
Earnings Date
Report Date 2026-11-12 | When Before Market | Estimate 0.4 | Actual - |
Profitability
Profit Margin 52.82% | Operating Margin (TTM) 61.95% |
Management Effectiveness
Return on Assets (TTM) 6.9% | Return on Equity (TTM) 10.48% |
Valuation
Trailing PE 6.53 | Forward PE 5.56 | Enterprise Value 233.06M | Price to Sales(TTM) 3.45 |
Enterprise Value 233.06M | Price to Sales(TTM) 3.45 | ||
Enterprise Value to Revenue 5.83 | Enterprise Value to EBITDA - | Shares Outstanding 22.82M | Shares Floating - |
Shares Outstanding 22.82M | Shares Floating - | ||
Percent Insiders 1 | Percent Institutions 30.06 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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