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Advanced Flower Capital Inc (AFCG) Fair Value & Analysis

Financial Services · US · Market cap $78.4M

AF Advanced Flower Capital Inc logo Advanced Flower Capital Inc AFCG · US
Price$2.78
Fair Value$5.28
Upside+89.9%
Quality51/100
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Mixed Growth
Thin margins · 0.0% net margin
Low debt · generates free cash flow
10.23% dividend yield
Mixed vs. peers (6/12)
Narrow moat 39/100
Evidence: Medium Range $4.93 – $5.79 Share as image

Fair value as of: Jul 25, 2026

From 5 valuation models · updated 16 days ago

Fair value updated Jul 25, 2026, revised from $6.23 to $5.28 (−15.2%) since Jun 26, 2026. Share price −6.1% over the past month.

A solid business, screening 90% undervalued on our models.

What matters now

  • The price is below even our cautious bear case ($4.93). The market is more pessimistic than our downside scenario.
  • Solid quality (51/100) at a price below fair value, the discount is the argument here, not the business quality.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (5 years)

$8.86 $2.05 Fair Value $5.28 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 25, 2026.

How to read this chart

60‑month range $2.05 – $8.86 · fair‑value band $4.93 – $5.79 · the $2.78 price screens below the $5.28 fair value. Dashed = 300-day average. As of Jul 25, 2026.

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Analysis

Advanced Flower Capital Inc (AFCG) currently trades at $2.78, while our model-based Fair Value estimate is $5.28, implying the stock looks roughly 89.9% undervalued today. The Quality Score stands at 51/100 (solid quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Trailing-twelve-month revenue stands at $2.7M. Revenue grew 10.1% year over year. It earns a return on equity of -6.9%. Net debt stands at $58.7M. Fundamentals as of Jul 25, 2026

Our scenario range runs from $4.93 (bear case) to $5.79 (bull case); at $2.78, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 42% below its 52-week high and 38% above its 52-week low, currently below its 200-day average. For context, the median of 10 Financial Services peers we cover trades at -12% fair-value upside, at 90%, AFCG screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF $1.93 $2.69 $3.83 80
Rev-Margin DCF $0.9400 $1.80 $2.89 74
Gordon GGM $5.73 $6.12 $6.70 70
All 5 models by family
Dividend Discount
Gordon GGM $5.73 $6.12 $6.70 70
DDM Multi-Stage $5.73 $6.63 $7.75 61
Asset-Based
NCAV (Graham) $3.73 $5.00 $7.46 50
Growth DCF
Growth DCF $1.93 $2.69 $3.83 80
Rev-Margin DCF $0.9400 $1.80 $2.89 74

Widest divergence: Dividend Discount ($6.12) versus Growth DCF ($1.80). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) $2.7M
Revenue growth (YoY) +10.1%
Return on equity -6.9%
Free cash flow $11.2M FY2025
Operating margin 61.0%
EPS (TTM) $-0.6400
More key figures
Dividend yield 10.2%
EPS growth (YoY) +172%
Net debt $58.7M FY2025

Figures from reported company fundamentals · as of Jul 25, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 51/100

Of which business quality 55 · Market factors (momentum, volatility) 31

Profitability 4
Margins and returns on capital today
Quality Growth 29
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 72
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 34
Calm price path (market factor)
Momentum 40
Price trend over the last 3–12 months (market factor)
52W Momentum 14
Distance to the 52-week high (market factor)
Net Issuance 29
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Advanced Flower Capital Inc. originates, structures, underwrites, invests in, and manages senior secured loans and other types of mortgage loans and debt securities for established companies operating in the cannabis industry.

Full company description

Advanced Flower Capital Inc. originates, structures, underwrites, invests in, and manages senior secured loans and other types of mortgage loans and debt securities for established companies operating in the cannabis industry. It primarily originates loans structured as senior loans secured by real estate, equipment, cash flows, and licenses and/or other assets of the loan parties to the extent permitted by applicable laws and the regulations governing such loan parties. The company was formerly known as AFC Gamma, Inc. and changed its name to Advanced Flower Capital Inc. in October 2024. Advanced Flower Capital Inc. was incorporated in 2020 and is based in West Palm Beach, Florida.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Advanced Flower Capital Inc reported revenue of $31.3M in FY2025 versus $38.1M in FY2021, a compound −4.8%/yr. Reported net income was −$20.7M in FY2025.

Growth Quality 61/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
$31.3M
Latest YoY
−39.6%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−24.1%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+22.2%
Revenue −4.8%/yr
FY21 $38.1M
FY22 $71.5M
FY23 $51.8M
FY24 $51.9M
FY25 $31.3M
Net income
FY21 $21.0M
FY22 $35.9M
FY23 $21.0M
FY24 $16.8M
FY25 −$20.7M

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Cite: Fair Value Calculator (2026). "Advanced Flower Capital Inc Fair Value". https://www.fairvalue-calculator.com/stock/AFCG

Peer Group

Asset Management · 971 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 54 · Below median
Fair Value upside +90% · Top 25%
Return on assets -4% · Bottom 25%
Net margin (TTM) 0% · Below median
Operating margin (TTM) 61% · Above median
Revenue growth 10% · Above median
Dividend yield (TTM) 10.2% · Top 25%
Debt / equity 0.44× · Higher than median

Valuation Multiples vs Asset Management median · lower = cheaper

P/B 0.45× · Cheaper than 75% of peers
P/S (TTM) 28.84× · Pricier than 75% of peers
P/FCF 7.0× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 100 · sector 37
FUTURE 51 · sector 6
PAST 0 · sector 26
HEALTH 78 · sector 95
DIVIDEND 100 · sector 69

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Asset Management stocks, each showing price versus our Fair Value estimate (as of Jul 25, 2026).

Stock Price Fair Value vs Fair Value
Fondul Proprietatea SA FP $0.0420 $0.0800 +90%
BlackRock, Inc BLK $1,136 $465.75 -59%
Blackstone Inc BX $124.56 $16.35 -87%
Investor AB INVEB kr 423.70 kr 847.40 +100%
Brookfield Corporation BN C$62.45 C$10.12 -84%
KKR & Co KKR $100.94 $44.88 -56%
AB Industrivärden INDUA kr 532.50 kr 1,065 +100%
Jio Financial Services Limited JIOFIN ₹242.98 ₹40.19 -83%
Hedef Holding HEDEF 267.25 TRY 320.98 TRY +20%
Bajaj Holdings BAJAJHLDNG ₹10,398 ₹9,202 -12%

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Frequently asked questions

Is Advanced Flower Capital Inc (AFCG) overvalued or undervalued?
As of Jul 25, 2026, our model estimates a fair value of $5.28 versus a price of $2.78, about +90% (undervalued).
What is the fair value of AFCG?
Our model-based fair value for Advanced Flower Capital Inc is $5.28 (as of Jul 25, 2026), built from audited fundamentals. The current price is $2.78.
What is the quality score of AFCG?
Advanced Flower Capital Inc has a Quality Score of 51/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Advanced Flower Capital Inc (AFCG)?
Advanced Flower Capital Inc reported trailing-twelve-month revenue of about $2.7M (latest available figure, as of Jul 25, 2026).
What is the net profit margin of AFCG?
The net profit margin of Advanced Flower Capital Inc is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.
Does Advanced Flower Capital Inc pay a dividend?
Advanced Flower Capital Inc currently shows a dividend yield of about 10.23% relative to its recent price (as of Jul 25, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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