Loading...
Definitive Analysis

Financial Statements

Mode

Ticker

Industry

Sector

Page: Earnings Power Value

KKR Real Estate Finance Trust Inc.

Ticker: KREF | Industry: REIT - Mortgage | Sector: Real Estate
$8.40 +0.15 (1.82%)
As of: 2026-01-28

Master Data Export


Valuation Snapshot

Intrinsic Range$10.42 — $13.01
Selected Value (Mid)$11.72
Live Price$8.50
Upside / Downside37.84%

EPV Per Share Breakdown

MetricLowMidHigh
EPV Per Share$10.42$11.72$13.01

Normalized EBIT Margin

ScenarioMargin
Low25.29%
Mid29.75%
High34.21%

Normalized Tax Rate

MetricValue
Tax Rate21.00%

Adjusted Earnings (NOPAT)

ScenarioValue
Low41,688,735
Mid49,045,570
High56,402,406

Capital Structure

ComponentValue
Net Debt-204,094,000
Shares Outstanding65,876,727
WACC8.64%

Reverse EPV (Market Implied)

If "Implied" > "Actual", market expects profitability to improve.

MetricActual (LTM)Market Implied
EBIT Margin29.75%18.23%
NOPAT (Earnings)49,045,57030,057,836
Enterprise Value567,757,172347,952,972

Valuation Details

MetricLowMidHigh
Enterprise Value482,593,596567,757,172652,920,748
(-) Net Debt-204,094,000-204,094,000-204,094,000
(=) Equity Value686,687,596771,851,172857,014,748
(/) Shares Outstanding65,876,72765,876,72765,876,727
(=) Fair Value$10.42$11.72$13.01
Live Price$8.50$8.50$8.50
Upside %22.63%37.84%53.05%

High-Upside EPV Screener

US Market Global Market
« 28 »
Ticker Company Price EPV Upside
6505.T Toyo Denki Seizo K.K. $2,133.00 $2,658.57 24.64%
FILATEX.BO Filatex India Limited $49.24 $61.34 24.58%
4664.T Japan Reliance Service Corporation $1,234.00 $1,537.09 24.56%
7583.TWO International Ocean Group $70.50 $87.81 24.56%
007310.KS Otoki Corporation $380,500.00 $473,733.05 24.50%
3551.T Dynic Corporation $1,136.00 $1,414.29 24.50%
000080.KS HITEJINRO Co., Ltd. $18,110.00 $22,539.17 24.46%
3901.T MarkLines Co., Ltd. $1,520.00 $1,891.86 24.46%
4633.T Sakata INX Corporation $2,390.00 $2,974.03 24.44%
6349.T Komori Corporation $1,607.00 $1,999.47 24.42%
INSURE.BK Indara Insurance Public Company Limited $65.00 $80.87 24.42%
3979.T Uluru.Co.,Ltd. $416.00 $517.43 24.38%
4580.TWO Value Valves Co., Ltd. $81.70 $101.59 24.34%
7297.T Car Mate Mfg. Co., Ltd. $901.00 $1,120.12 24.32%
WIPL.NS The Western India Plywoods Limited $150.00 $186.47 24.31%
6301.T Komatsu Ltd. $5,158.00 $6,409.34 24.26%
146A.T Columbia Works Inc $3,465.00 $4,304.69 24.23%
6381.T ANEST IWATA Corporation $1,650.00 $2,049.76 24.23%
MGA Magna International Inc. $56.72 $70.46 24.23%
PIC-A.TO Premium Income Corporation $9.18 $11.40 24.23%
EURN Euronav N.V. $16.70 $20.75 24.22%
HCW.AX HealthCo Healthcare and Wellness REIT $0.73 $0.90 24.22%
UPOIC.BK United Palm Oil Industry Public Company Limited $6.50 $8.07 24.20%
6836.HK Tianyun International Holdings Limited $3.20 $3.97 24.18%
STTP.JK PT Siantar Top Tbk $10,500.00 $13,038.83 24.18%
3150.T gremz,Inc. $2,503.00 $3,107.94 24.17%
7378.T ASIRO Inc. $1,520.00 $1,886.97 24.14%
2284.SR Modern Mills for Food Products Co. $27.40 $34.01 24.13%
3353.T Medical Ikkou Group Co.,Ltd. $2,919.00 $3,623.42 24.13%
6675.T SAXA Holdings, Inc. $6,360.00 $7,894.50 24.13%
GALIM.PA Galimmo SCA $14.83 $18.41 24.11%
6745.T Hochiki Corporation $4,455.00 $5,525.77 24.04%
SCG.AX Scentre Group $4.13 $5.12 24.02%
6859.T Espec Corp. $3,335.00 $4,135.59 24.01%
0QO6.L Julius Bär Gruppe AG $56.75 $70.32 23.91%
4641.T Altech Corporation $2,713.00 $3,361.32 23.90%
600597.SS Bright Dairy & Food Co.,Ltd $8.18 $10.13 23.88%
OPCHAINS.BO O. P. Chains Limited $31.01 $38.41 23.88%
JHSF3.SA JHSF Participações S.A. $7.92 $9.81 23.87%
MGH.AX MAAS Group Holdings Limited $5.80 $7.18 23.87%
GILLANDERS.BO Gillanders Arbuthnot and Company Limited $101.55 $125.78 23.86%
000596.SZ Anhui Gujing Distillery Co., Ltd. $135.66 $167.99 23.83%
8354.T Fukuoka Financial Group, Inc. $5,324.00 $6,592.91 23.83%
CHRTEDCA.BO Chartered Capital and Investment Limited $260.00 $321.97 23.83%
GYL.OL Gyldendal ASA $474.00 $586.87 23.81%
PRDA.JK PT Prodia Widyahusada Tbk $2,360.00 $2,921.71 23.80%
EIN.DE Einhell Germany AG $87.00 $107.70 23.79%
SKJE.CO Skjern Bank A/S $297.00 $367.67 23.79%
4172.T TOWA Hi SYSTEM CO.,LTD. $2,365.00 $2,927.32 23.78%
3443.T Kawada Technologies, Inc. $4,510.00 $5,581.62 23.76%