AFCG
Advanced Flower Capital Inc.
AFCG's fundamentals are mixed, but it looks cheap: trading at 3.2x earnings, less than half its usual 8.0x. Analysts expect strong earnings growth.
AFCG Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Under pressure | |
| N/A | |
| N/A |
AFCG's revenue and profitability are currently under pressure. Free cash flow and net leverage aren't meaningful measures for real estate companies like AFCG.
AFCG PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 3.2x | $3.34 | — |
| Forward | 4.7x | $3.34 | — |
| Cheap | 6.7x | $7.02 | +110% |
| Fair | 8x | $8.34 | +150% |
| Expensive | 18x | $18.71 | +460% |
Historical ranges are pointers, not guarantees.
AFCG's PE is in its cheap range at 3.2x. On analysts' estimates for next year's earnings, today's price would be 4.7x.
AFCG Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for AFCG, with profitability improving.
AFCG Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.72 | -31% |
| Q3 2026 | $1.04 | +$2.10 |
| Q2 2026 | $0.19 | +$0.62 |
| Q1 2026 | -$0.64 | -166% |
| Q4 2025 | -$0.95 | -222% |
| Q3 2025 | -$1.06 | -365% |
| Q2 2025 | -$0.43 | -159% |
| Q1 2025 | $0.97 | +87% |
| Q4 2024 | $0.78 | -24% |
AFCG has returned to profit: it earned $1.04 per share over the past year, after losing money the year before.
AFCG Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2025 | $5.2M | -32% |
| Q3 2025 | $6.5M | -26% |
| Q2 2025 | $6.2M | -66% |
| Q1 2025 | $6.6M | -55% |
| Q4 2024 | $7.6M | -52% |
| Q3 2024 | $8.9M | -42% |
| Q2 2024 | $18.4M | +14% |
| Q1 2024 | $14.8M | -12% |
AFCG's revenue has slid since its 2022 peak: $5M last quarter, down 32% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q4 2025 | 23% | +41 points |
| Q3 2025 | -205% | -223 points |
| Q2 2025 | -214% | -305 points |
| Q1 2025 | 63% | +62 points |
| Q4 2024 | -18% | +35 points |
| Q3 2024 | 18% | -39 points |
| Q2 2024 | 91% | +15 points |
| Q1 2024 | 0.7% | -60 points |
AFCG's operating margin was 23% last quarter, up 41 points from the same quarter a year ago.
AFCG Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $8M | +30% |
| Q2 2026 | -$6.2M | -452% |
| Q1 2026 | -$30.8M | -887% |
| Q4 2025 | -$560.9K | -125% |
| Q3 2025 | $6.1M | +131% |
| Q2 2025 | $1.8M | -83% |
| Q1 2025 | $3.9M | -38% |
| Q4 2024 | $2.2M | -64% |
AFCG's free cash flow was −$30M over the past year, against $14M the year before. Free cash flow isn't a meaningful measure for real estate companies like AFCG.
AFCG Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -2.7% | -616K shares |
| 1 year | +1.9% | +423K shares |
| 3 years | +11% | +2.2M shares |
| 5 years | +64% | +8.8M shares |
AFCG has 23M diluted shares, up 1.9% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $1M |
AFCG Net Leverage
AFCG Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 53.9 | Neutral |
| Stochastic | 51.2 | Neutral |
AFCG's weekly RSI is 54 (neutral) and its Stochastic is 51 (neutral).
AFCG PE vs Real Estate Sector
| Metric | AFCG | Sector median | Relative |
|---|---|---|---|
| PE | 3.2x | 24x | 87% below |
| PE % | 1 | 23 | 22 pts below |
AFCG is trading at 3.2x earnings, a 87% discount to the Real Estate sector's median of 24x.
AFCG Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $3.21 | 4% above |
| 20 week MA | $3.16 | 5.7% above |
| 50 week MA | $2.98 | 12% above |
| 100 week MA | $4.22 | 21% below |
| 200 week MA | $6.51 | 49% below |
AFCG has bounced recently, but its long-term trend is still down: it's above its 8-, 20- and 50-week averages, but 49% below its 200-week average.
AFCG Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $15.7 | $14.8 | -6% |
| 2022 | $14.8 | $11.3 | -24% |
| 2023 | $11.3 | $8.23 | -27% |
| 2024 | $8.23 | $8.69 | +5.6% |
| 2025 | $8.69 | $3.10 | -64% |
| 2026 YTD | $3.10 | $3.34 | +7.7% |
AFCG has finished lower in four of the last five years. It's up 7.7% so far in 2026.