AFC Gamma, Inc. (AFCG) Key Metrics
AFCG valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $69.4M
- Enterprise value
- $170.1M
- P/E (TTM)
- 16.3 10-yr median 9.2
- Forward P/E
- 4.6
- PEG ratio
- —
- Price / sales
- 3.6 10-yr median 3.2
- Price / book
- 0.4 10-yr median 0.6
- EV / EBITDA
- — 10-yr median 9.8
- Dividend yield
- 6.47% $0.20 a year
- Beta
- 1.04
AFCG key metrics, 2020–2025
Fiscal year ended December 31, 2025 · U.S. dollarsAFCG valuation Price multiples at each fiscal year-end price.
AFCG returns How much profit the business earns on the capital it uses.
AFCG per-share figures Results divided by the shares outstanding at year-end.
AFCG financial health Debt, liquidity and how easily interest is covered.
AFCG efficiency & capital use Working capital cycle and where the cash goes.
AFCG valuation history
AFCG returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
AFCG debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
AFCG cash returned to shareholders
AFCG price vs earnings per share
AFCG key metrics
2020–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Valuation | ||||||
| Market capitalization | $63.5M | $174.0M | $167.5M | $214.9M | $256.2M | — |
| Enterprise value | $122.2M | $259.0M | $207.2M | $231.6M | $302.4M | — |
| P/E ratio | — | 10.4 | 8.0 | 6.0 | 12.2 | — |
| Price / sales | 2.0 | 3.4 | 3.2 | 3.0 | 6.7 | — |
| Price / book | 0.4 | 0.9 | 0.5 | 0.6 | 0.9 | — |
| Price / free cash flow | 5.7 | 8.1 | 7.9 | 6.9 | 26.9 | — |
| Price / operating cash flow | 5.7 | 8.1 | 7.9 | 6.9 | 26.9 | — |
| EV / sales | 3.9 | 5.0 | 4.0 | 3.2 | 7.9 | — |
| EV / EBITDA | — | 12.0 | 7.7 | 5.3 | 14.4 | — |
| EV / free cash flow | 10.9 | 12.0 | 9.8 | 7.4 | 31.7 | — |
| Earnings yield | −32.6% | 9.6% | 12.5% | 16.7% | 8.2% | — |
| Free cash flow yield | 17.7% | 12.4% | 12.7% | 14.6% | 3.7% | — |
| Dividend yield | 30.5% | 23.0% | 25.4% | 19.4% | 5.6% | — |
| Shareholder yield (dividends + buybacks) | 30.5% | 23.1% | 25.4% | 19.4% | 5.6% | — |
| Share price at fiscal year-end | $2.85 | $8.33 | $8.23 | $10.77 | $15.58 | — |
| Per share | ||||||
| Revenue per share | $1.41 | $2.48 | $2.55 | $3.58 | $2.32 | $0.86 |
| Earnings per share | −$0.93 | $0.80 | $1.03 | $1.80 | $1.28 | $0.77 |
| Operating cash flow per share | $0.50 | $1.03 | $1.04 | $1.57 | $0.58 | $0.11 |
| Free cash flow per share | $0.50 | $1.03 | $1.04 | $1.57 | $0.58 | $0.11 |
| Cash per share | $1.73 | $4.96 | $4.44 | $7.03 | $7.61 | $0.72 |
| Book value per share | $7.88 | $9.64 | $15.73 | $16.99 | $16.61 | $6.86 |
| Tangible book value per share | $7.88 | $9.64 | $15.73 | $16.99 | $16.61 | $6.86 |
| Dividends per share | $0.87 | $1.91 | $2.09 | $2.09 | $0.88 | $0.28 |
| Capex per share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Debt per share | $4.37 | $9.03 | $6.39 | $7.87 | $10.43 | $3.64 |
| Shares outstanding | 22.3M | 20.9M | 20.3M | 20.0M | 16.4M | 13.4M |
| Change in shares outstanding | +6.7% | +2.7% | +1.9% | +21.4% | +23.0% | — |
| Returns & profitability | ||||||
| Return on equity (ROE) | −11.0% | 6.4% | 6.4% | 11.7% | 11.5% | 11.3% |
| Return on invested capital (ROIC) | −4.1% | 4.2% | 8.0% | 12.6% | 9.3% | 2.4% |
| Return on assets (ROA) | −6.1% | 3.9% | 4.3% | 7.3% | 7.5% | 11.0% |
| Return on tangible assets | −7.5% | 4.2% | 4.5% | 6.9% | 4.5% | 11.0% |
| Free cash flow margin | 35.9% | 41.5% | 41.0% | 43.8% | 25.0% | 13.2% |
| Income quality (OCF / net income) | — | 1.28 | 1.01 | 0.87 | 0.45 | 0.15 |
| Financial health | ||||||
| Total debt | $97.3M | $188.6M | $130.0M | $157.1M | $171.4M | $48.6M |
| Cash & short-term investments | $38.6M | $103.6M | $90.4M | $140.4M | $125.1M | $9.6M |
| Net debt | $58.7M | $85.0M | $39.6M | $16.8M | $46.3M | $39.0M |
| Debt / equity | 0.55 | 0.94 | 0.41 | 0.46 | 0.63 | 0.53 |
| Debt / assets | 0.35 | 0.47 | 0.28 | 0.30 | 0.37 | 0.52 |
| Net debt / EBITDA | — | 3.92 | 1.47 | 0.38 | 2.20 | 8.16 |
| Current ratio | 1.73 | 3.59 | 7.97 | 1.79 | 1.40 | 40.61 |
| Quick ratio | 1.73 | 3.59 | 7.97 | 1.79 | 1.40 | 40.61 |
| Interest coverage | -2.0 | 2.2 | 4.9 | 6.4 | 18.7 | — |
| Working capital | $16.7M | $290.0M | $408.1M | $64.7M | $37.5M | $91.6M |
| Invested capital | $234.3M | $286.4M | $359.7M | $355.8M | $319.4M | $130.7M |
| Tangible asset value | $175.6M | $201.4M | $320.1M | $339.1M | $273.1M | $91.6M |
| Net current asset value | −$60.5M | $201.4M | $320.1M | −$34.0M | −$61.3M | $91.6M |
| Graham number | — | $13.20 | $19.09 | $26.23 | $21.85 | $10.93 |
| Graham net-net per share | −$2.73 | $5.95 | $9.73 | −$1.79 | −$3.85 | $5.22 |
| Capital allocation | ||||||
| Dividends paid | $19.3M | $40.0M | $42.5M | $41.6M | $14.4M | $3.8M |
| Share buybacks (net) | $0 | $125,000 | $0 | $0 | $0 | — |
| Dividend payout ratio | — | 238.3% | 203.0% | 115.8% | 68.5% | 36.7% |
| Dividends + buybacks / free cash flow | 172.2% | 186.1% | 200.4% | 132.9% | 150.9% | 249.9% |
| Capex / revenue | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Capex / operating cash flow | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Capex / depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
| Stock-based compensation / revenue | 21.8% | 2.7% | 1.9% | 1.9% | 4.6% | — |
| R&D / revenue | — | — | 0.0% | 0.0% | 0.0% | 0.0% |
| SG&A / revenue | 15.0% | 10.7% | 40.3% | 8.4% | 13.0% | 49.7% |
| Efficiency | ||||||
| Days sales outstanding | 1,725.5 | 2,229.3 | 1,211.9 | 24.7 | 420.5 | 2,648.9 |
| Days of inventory on hand | — | — | — | — | 0.0 | 0.0 |
| Days payables outstanding | 78.8 | 21.2 | 64.1 | 163.5 | 408.4 | 155.2 |
| Cash conversion cycle (days) | 1,646.7 | 2,208.1 | 1,147.7 | -138.8 | 12.1 | 2,493.7 |
| Receivables turnover | 0.21 | 0.16 | 0.30 | 14.80 | 0.87 | 0.14 |
| Payables turnover | 4.63 | 17.18 | 5.69 | 2.23 | 0.89 | 2.35 |
| Inventory turnover | — | — | — | — | 2,649,338.00 | 364,194.00 |
| Asset turnover | 0.09 | 0.12 | 0.11 | 0.15 | 0.14 | 0.12 |
| Average receivables | $148.1M | $317.0M | $172.0M | $4.8M | $43.9M | $83.3M |
| Average payables | $632,254 | $603,006 | $2.5M | $5.0M | $3.0M | $154,895 |
| Average inventory | — | — | — | — | $1 | $1 |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from AFCG's annual financial statements (latest annual report filed March 4, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
AFCG valuation and financial ratios
Based on the latest twelve months, the trailing P/E is 16.3 and the forward P/E is 4.6. AFC Gamma earned a return on equity of −11.0% and a return on invested capital of −4.1% in fiscal 2025. It ended the year with $97.3 million of debt and $38.6 million in cash and short-term investments, net debt of $58.7 million. It returned $19.3 million to shareholders: $19.3 million in dividends and $0 in share buybacks, 172% of free cash flow. The share count rose 66.7% from 13.4M to 22.3M over 5 years.
See the AFCG income statement, the AFCG chart for price history, or the AFCG stock overview for the latest quote and news.
AFCG key metrics FAQ
What is AFC Gamma's P/E ratio?
AFC Gamma's trailing P/E ratio is 16.3 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 4.6. At the end of fiscal 2025 it was —, compared with a 6-year median of 9.2.
What is AFC Gamma's return on equity?
AFC Gamma's return on equity (ROE) was −11.0% in fiscal 2025: net income of -$20.7 million on average shareholders' equity of $188.5 million.
What is AFC Gamma's ROIC?
AFC Gamma's return on invested capital was −4.1% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does AFC Gamma have?
AFC Gamma had total debt of $97.3 million at the end of fiscal 2025, a debt-to-equity ratio of 0.55.
What is AFC Gamma's dividend yield?
AFC Gamma's forward dividend yield is 6.47%. AFC Gamma paid $19.3 million in dividends in fiscal 2025 ($0.87 per share), a payout ratio of —.
What is AFC Gamma's free cash flow yield?
AFC Gamma generated $11.2 million of free cash flow in fiscal 2025, a free cash flow yield of 17.7% on its market value at year-end ($63.5 million).
What is AFC Gamma's current ratio?
AFC Gamma's current ratio was 1.73 at the end of fiscal 2025: current assets were 1.73 times current liabilities.