K

KKR Real Estate Finance Trust Inc
NYSE:KREF

Watchlist Manager
KKR Real Estate Finance Trust Inc
NYSE:KREF
Watchlist
Price: 9.3 USD -0.53%
Market Cap: 630.6m USD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one KREF stock under the Base Case scenario is 21.71 USD. Compared to the current market price of 9.3 USD, KKR Real Estate Finance Trust Inc is Undervalued by 57%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

KREF Relative Value
Base Case
21.71 USD
Undervaluation 57%
Relative Value
Price
K
Worst Case
Base Case
Best Case

Valuation Multiples

1.1
P/S
P/S
Price to Sales
1.1
vs History
84
vs Industry
68
Median 3Y
1.2
Median 5Y
1.9
Industry
3.6
Forward
4.7
More Details
56
P/E
P/E
Price to Earnings
56
vs History
4
vs Industry
8
Median 3Y
7.9
Median 5Y
7.9
Industry
16.6
Forward
15.2
More Details
5.5
P/OCF
P/OCF
Price to OCF
5.5
vs History
47
vs Industry
52
Median 3Y
5.3
Median 5Y
5.5
Industry
10.9
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
Median 3Y
-0.5
Median 5Y
0.6
Industry
12.8
More Details
0.5
P/B
P/B
Price to Book Value
0.5
vs History
80
vs Industry
62
Median 3Y
0.5
Median 5Y
0.6
Industry
0.8
More Details
10.1
EV/S
EV/S
Enterprise Value to Sales
10.1
vs History
73
vs Industry
35
Median 3Y
10.5
Median 5Y
15.8
Industry
6.5
Forward
41.4
More Details
32.9
EV/GP
EV/GP
Enterprise Value to Gross Profit
32.9
vs History
31
vs Industry
11
Median 3Y
32
Median 5Y
32
Industry
12
More Details
165.7
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
165.7
vs History
19
vs Industry
2
Median 3Y
112.5
Median 5Y
43.9
Industry
15.8
Forward
13.6
More Details
173.2
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
173.2
vs History
15
vs Industry
2
Median 3Y
112.5
Median 5Y
43.9
Industry
19.1
Forward
15.7
More Details
49
EV/OCF
EV/OCF
Enterprise Value to OCF
49
vs History
14
vs Industry
11
Median 3Y
44
Median 5Y
43.1
Industry
18.4
More Details
49
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
49
vs History
14
vs Industry
14
Median 3Y
44
Median 5Y
43.1
Industry
19.9
More Details
0.9
EV/IC
EV/IC
Enterprise Value to IC
0.9
vs History
88
vs Industry
34
Median 3Y
0.9
Median 5Y
0.9
Industry
0.7
More Details

Multiples Across Competitors

KREF Competitors Multiples
KKR Real Estate Finance Trust Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
KKR Real Estate Finance Trust Inc
NYSE:KREF
630.8m USD 1.1 56 165.7 173.2
US
New Residential Investment Corp
LSE:0K76
483.9B USD 101.7 793.4 581.8 581.8
US
Annaly Capital Management Inc
NYSE:NLY
11.4B USD 1.9 13.4 94.1 96.9
US
AGNC Investment Corp
NASDAQ:AGNC
8.7B USD 2.5 26.1 195 195
US
Starwood Property Trust Inc
NYSE:STWD
6.7B USD 3.4 19.1 435.8 3 681.1
US
Rithm Capital Corp
NYSE:RITM
6.1B USD 1.3 10 41.7 41.7
US
Blackstone Mortgage Trust Inc
NYSE:BXMT
3.3B USD 1.9 -16.4 -97.3 -92.8
US
Hannon Armstrong Sustainable Infrastructure Capital Inc
NYSE:HASI
3.3B USD 8.7 16.8 281.9 292.8
US
Arbor Realty Trust Inc
NYSE:ABR
1.9B USD 1.3 8.3 38.2 39.4
US
ARMOUR Residential REIT Inc
NYSE:ARR
1.4B USD 2.4 -100.3 -8 757.7 -8 757.7
US
Apollo Commercial Real Estate Finance Inc
NYSE:ARI
1.4B USD 1.7 -10 41.1 44.5

See Also

Summary
KREF intrinsic value, competitors valuation, and company profile.
DCF Valuation
KREF stock valuation using Discount Cash Flow valuation method.
Relative Valuation
KREF stock valuation using valuation multiples.
Wall Street Estimates
KREF price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
KREF stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Back to Top
ALPHA SPREAD
Follow us
Join more than 256,200+ value investors using Alpha Spread
Create a free account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.