KKR Real Estate Finance Trust Inc.

KKR Real Estate Finance Trust Inc.

KREFยทNYSE

$6.96

+2.1%
Real EstateREIT - Mortgage

KKR Real Estate Finance Trust Inc., a mortgage real estate investment trust, focuses primarily on originating and acquiring senior loans secured by commercial real estate (CRE) assets. It engages in the origination and purchase of credit investments related to CRE, including leveraged and unleveraged commercial mortgage loans, and commercial mortgage-backed securities. The company has elected to be taxed as a real estate investment trust and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. KKR Real Estate Finance Trust Inc. was incorporated in 2014 and is headquartered in New York, New York.

At a Glance

Live Snapshot
Market Cap$447.85M
EPS-1.0500
P/E Ratio-6.63
Earnings Date07/28/2026
KKR Real Estate Finance Trust Inc.

KKR Real Estate Finance Trust Inc. Fair Value Envelope

KREF ยท NYSE

Our analysis suggests that KREF has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $6.965, this represents a potential HIDDEN relative to our calculated worth for KKR Real Estate Finance Trust Inc..

Intrinsic Value
Current Price: $6.965

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$71.1M
+ Cash & Equivalents$84.6M
Firm Value$155.8M
- Debt$4.7B
Equity Value-$4.5B
/ Shares Outstanding65,498,716B
DCF Value-$69
OVERVALUED BY 1095%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$38.7M
$20.8M
$11.1M
$6.0M
$3.2M
$1.7M
$918.0K
$492.0K
$263.7K
$141.3K
Maintenance CapEx
-$598.3K
-$320.7K
-$171.9K
-$92.1K
-$49.4K
-$26.5K
-$14.2K
-$7.6K
-$4.1K
-$2.2K
Owner Earnings
$38.1M
$20.4M
$11.0M
$5.9M
$3.1M
$1.7M
$903.8K
$484.4K
$259.6K
$139.1K
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$35.3M
$17.5M
$8.7M
$4.3M
$2.1M
$1.1M
$527.4K
$261.7K
$129.9K
$64.4K
Terminal Value represents 1.5% of Enterprise Value