REFI vs SPMC

Comparison between Chicago Atlantic Real Estate Finance Inc (REFI, Company) and Sound Point Meridian Capital Inc (SPMC, Company).

REFI is from the Real Estate sector, while SPMC is from the Financial Services sector.

REFI vs SPMC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	REFI(COMPANY)	SPMC(COMPANY)
Market Cap	$208M	$208M
Max Drawdown	51.41%	61.74%
Sharpe Ratio	-0.68	-1.01
5Y Beta	0.42	0.54
Industry	Reit - Mortgage	Asset Management
P/E Ratio	6.75	-1.31
Forward P/E	5.42	5.45
Dividend Yield	18.60%	29.80%
Debt to Equity	16.28%	30.20%
Free Cash Flow Yield	11.69%	26.09%
P/S Ratio	5.03	2.87
P/B Ratio	0.84	1.05

Market Cap

Winner

REFI

$208M

SPMC

$208M

Max Drawdown

Winner

REFI

51.41%

SPMC

61.74%

Sharpe Ratio

Winner

REFI

-0.68

SPMC

-1.01

5Y Beta

Winner

REFI

0.42

SPMC

0.54

Industry

REFI

Reit - Mortgage

SPMC

Asset Management

P/E Ratio

REFI

6.75

Winner

SPMC

-1.31

Forward P/E

Winner

REFI

5.42

SPMC

5.45

Dividend Yield

REFI

18.60%

Winner

SPMC

29.80%

Debt to Equity

Winner

REFI

16.28%

SPMC

30.20%

Free Cash Flow Yield

REFI

11.69%

Winner

SPMC

26.09%

P/S Ratio

REFI

5.03

Winner

SPMC

2.87

P/B Ratio

Winner

REFI

0.84

SPMC

1.05

REFI vs SPMC - Historical Returns

Returns include dividend reinvestment.

Period	REFI	SPMC
1 month	-8.40%	+5.38%
3 months	-13.93%	+6.81%
6 months	-13.90%	-16.76%
1 year	-13.20%	-30.42%
5 years(CAGR)	+2.42%	N/A
Max(CAGR)	+2.42%	-13.06%

REFI

-8.40%

Winner

SPMC

+5.38%

REFI

-13.93%

Winner

SPMC

+6.81%

Winner

REFI

-13.90%

SPMC

-16.76%

Winner

REFI

-13.20%

SPMC

-30.42%

5Y(CAGR)

REFI

+2.42%

SPMC

N/A

Max(CAGR)

Winner

REFI

+2.42%

SPMC

-13.06%

REFI vs SPMC - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	REFI	SPMC
2026	-12.92%	-14.10%
2025	-9.46%	-21.50%
2024	+9.91%	+11.82%
2023	+24.48%	N/A
2022	+1.58%	N/A
2021	+0.97%	N/A

REFI vs SPMC Drawdown Comparison

The maximum drawdown for REFI was -26.51%, occurring on Mar 15, 2023. Recovery took 454 trading sessions.

The maximum drawdown for SPMC was -52.81%, occurring on Mar 18, 2026. This drawdown has not yet recovered.

The current REFI drawdown is -24.51%. The current SPMC drawdown is -38.63%.

Rank	REFI	SPMC
#1	-26.51% Feb 28, 2022 - Dec 18, 2023	-52.81% Mar 5, 2025 - Mar 18, 2026
#2	-24.51% Mar 3, 2025 - Jul 30, 2026	-8.61% Feb 19, 2025 - Mar 5, 2025
#3	-9.51% Jul 17, 2024 - Nov 21, 2024	-5.93% Jul 26, 2024 - Aug 21, 2024
#4	-7.26% Dec 27, 2023 - Jul 15, 2024	-5.88% Aug 21, 2024 - Nov 8, 2024
#5	-6.30% Jan 20, 2022 - Feb 28, 2022	-5.44% Jan 6, 2025 - Feb 12, 2025
#6	-3.12% Jan 21, 2025 - Feb 10, 2025	-4.57% Nov 8, 2024 - Dec 12, 2024
#7	-2.99% Feb 18, 2025 - Feb 25, 2025	-4.19% Dec 16, 2024 - Jan 6, 2025
#8	-2.97% Dec 8, 2021 - Dec 31, 2021	-1.87% Feb 13, 2025 - Feb 19, 2025
#9	-2.82% Jan 3, 2025 - Jan 17, 2025	-1.26% Jul 23, 2024 - Jul 26, 2024
#10	-2.78% Dec 5, 2024 - Jan 3, 2025	-0.85% Jun 17, 2024 - Jul 23, 2024
#11	-2.38% Dec 19, 2023 - Dec 26, 2023	N/A
#12	-1.23% Dec 2, 2024 - Dec 5, 2024	N/A
#13	-0.88% Feb 11, 2025 - Feb 14, 2025	N/A
#14	-0.39% Jan 11, 2022 - Jan 13, 2022	N/A
#15	-0.31% Nov 25, 2024 - Nov 29, 2024	N/A