Is REFI or REG more undervalued in 2026?

CirclFi compares Chicago Atlantic Real Estate Fi (REFI) and Regency Centers Corporation (REG) using 13 institutional-grade valuation models. REFI has a Quality of Company score of 8.7/10 while REG scores 8.9/10.

Which is a better buy — REFI or REG?

Compare intrinsic values from 13 independent models against current market prices. CirclFi also calculates Value Trap scores. This is not financial advice — conduct your own analysis.

How do REFI and REG valuations compare?

REFI at $11.37 and REG at $77.35 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

REFI vs REG Valuation Comparison 2026 — Intrinsic Value Analysis

REFI

Real Estate Investment Trusts

Chicago Atlantic Real Estate Fi

Quality

8.7

out of 10

Value Trap

SAFE

Price

$11.37

Last close

Models

12/13

Active

REG

Real Estate Investment Trusts

Regency Centers Corporation

Quality

8.9

out of 10

Value Trap

SAFE

Price

$77.35

Last close

Models

13/13

Active

Model-by-Model Comparison

Model	Type	REFI Fair Value	REFI Upside	REG Fair Value	REG Upside
Bayesian DCF	Intrinsic	$20.10	+76.7%	$44.12	-43.0%
Earnings Power Value	Intrinsic	$12.74	+12.0%	$32.84	-57.5%
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
Markov DDM	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Dynamic NAV	Asset-Based	$•••.••	••.•%	$•••.••	••.•%
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

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REFI vs REG — Which Stock Is More Undervalued?

REG scores higher with a 8.9/10 quality rating vs REFI's 8.7/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Chicago Atlantic Real Estate Fi (REFI) and Regency Centers Corporation (REG) across 13 institutional-grade valuation models reveals how each company's intrinsic value stacks up against its market price. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily.

REFI currently trades at $11.37 with a QOC of 8.7/10, while REG trades at $77.35 with a QOC of 8.9/10.

Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN Topology), and ensemble methods (CUCE).