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KKR Real Estate Finance TrustKREF -2.03%47 Capex-to-Operating-Cash-Flow is 1.51 as of Jun. 2026, which is 7450% above its 10-year median of 0.02. GuruFocus rates KREF with a GF Score™ of 47/100 and a GF Value™ of $4.62 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 340 REITs companies, KKR Real Estate Finance Trust ranks worse than 60.88% on this metric.
Capex-to-Operating-Cash-Flow assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. It’s also useful to distinguish whether the company is capital intensive or not.
KKR Real Estate Finance Trust (NYSE:KREF) Capex-to-Operating-Cash-Flow Explanation
Capex-to-Operating-Cash-Flow ratio assesses how much of a company’s Cash Flow from Operations is being devoted to Capital Expenditure. It is a good indicator in terms of how much the company is focused on growth. In general, a high Capex-to-Operating-Cash-Flow ratio indicates that the company is investing more in physical assets and is focused on growth and expansion. Conversely, lower ratio could indicate that a company has reached maturity and is no longer pursuing aggressive growth.
Moreover, the ratio is also useful to distinguish whether the company is capital intensive or not. If the ratio is large, then the company tends to be capital intensive. Lower ratio suggests that it’s a capital-light business. The ratio can be combined with ROIC % to identify whether the company is an asset-light business that has a high return on invested capital. This is one question investors commonly ask to see if a company qualifies as a good company.
KKR Real Estate Finance Trust Capex-to-Operating-Cash-Flow Related Terms
KKR Real Estate Finance Trust Capex-to-Operating-Cash-Flow Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
KKR Real Estate Finance Trust Capex-to-Operating-Cash-Flow Chart
KREF vs RWT, TRTX, BRSP: Capex-to-Operating-Cash-Flow Comparison
For the REIT - Mortgage subindustry, KKR Real Estate Finance Trust's Capex-to-Operating-Cash-Flow, along with its competitors' market caps and Capex-to-Operating-Cash-Flow data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
KKR Real Estate Finance Trust Capex-to-Operating-Cash-Flow vs REITs Industry
For the REITs industry and Real Estate sector, KKR Real Estate Finance Trust's Capex-to-Operating-Cash-Flow distribution charts can be found below:
* The bar in red indicates where KKR Real Estate Finance Trust's Capex-to-Operating-Cash-Flow falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Capex-to-Operating-Cash-Flow of 1.51 mean?
KKR Real Estate Finance Trust (KREF) has a Capex-to-Operating-Cash-Flow of 1.51 as of Jun. 2026. Capex to Operating Cash Flow ratio assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. View historical data on KKR Real Estate Finance Trust and its competitors. This is 7450% above median its historical median of 0.02. Over the past decade, KKR Real Estate Finance Trust's Capex-to-Operating-Cash-Flow has ranged from 0.01 to 0.46. According to the industry distribution chart, KKR Real Estate Finance Trust ranks #207 out of 340 companies in the REITs industry, placing it in the top 60.9%.
Is KKR Real Estate Finance Trust's Capex-to-Operating-Cash-Flow too high?
KKR Real Estate Finance Trust's current Capex-to-Operating-Cash-Flow of 1.51 is 7450% above median its 10-year median of 0.02. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.46. The REITs industry median Capex-to-Operating-Cash-Flow is 0.29. KKR Real Estate Finance Trust's value of 1.51 is 420.7% above this industry median. Based on the distribution chart, KKR Real Estate Finance Trust ranks #207 out of 340 companies in the REITs industry, which is below the industry midpoint. Overall, KKR Real Estate Finance Trust has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KKR Real Estate Finance Trust's Capex-to-Operating-Cash-Flow compare to RWT and TRTX?
According to the REITs industry distribution chart, KKR Real Estate Finance Trust ranks #207 out of 340 companies for Capex-to-Operating-Cash-Flow. This places KKR Real Estate Finance Trust in the lower half of its industry. The industry median Capex-to-Operating-Cash-Flow is 0.29. KKR Real Estate Finance Trust's value of 1.51 is 420.7% above this benchmark. Historically, KKR Real Estate Finance Trust's own Capex-to-Operating-Cash-Flow has ranged from 0.01 to 0.46 over the past decade. While the company's 10-year median is 0.02 vs. the industry median of 0.29, KKR Real Estate Finance Trust has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Capex-to-Operating-Cash-Flow for a REITs company?
The median Capex-to-Operating-Cash-Flow among REITs companies is 0.29, based on 340 companies in the industry. Companies in the top quartile (top 25%) have a Capex-to-Operating-Cash-Flow significantly above this median, while those in the bottom quartile fall well below. However, Capex-to-Operating-Cash-Flow should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. KKR Real Estate Finance Trust's current Capex-to-Operating-Cash-Flow of 1.51 is 420.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Capex-to-Operating-Cash-Flow mean?
A high Capex-to-Operating-Cash-Flow can signal that a stock is expensive relative to its fundamentals. Capex to Operating Cash Flow ratio assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. View historical data on KKR Real Estate Finance Trust and its competitors. For the REITs industry, the median Capex-to-Operating-Cash-Flow is 0.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KKR Real Estate Finance Trust's current Capex-to-Operating-Cash-Flow is 1.51, which is 7450% above median its own 10-year median of 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KKR Real Estate Finance Trust stock overvalued right now?
Based on GuruFocus' analysis, KKR Real Estate Finance Trust (KREF) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.62, compared to a current price of $7.50 — trading 62.2% above its estimated fair value. The current Capex-to-Operating-Cash-Flow is 1.51, which is 7450% above median its 10-year median of 0.02 and 420.7% above the REITs industry median of 0.29. KKR Real Estate Finance Trust's overall GF Score™ is 47/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Capex-to-Operating-Cash-Flow calculated?
Capex-to-Operating-Cash-Flow is calculated from a company's financial statements. For KKR Real Estate Finance Trust (KREF), the current Capex-to-Operating-Cash-Flow is 1.51 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is KKR Real Estate Finance Trust (KREF) Overvalued in 2026?
Based on GuruFocus' analysis, KKR Real Estate Finance Trust stock appears to be overvalued.
The current stock price of $7.50 is trading 62.2% above its estimated GF Value™ of $4.62.
GuruFocus considers KKR Real Estate Finance Trust to be Significantly Overvalued.
Key valuation signals for KREF:
Capex-to-Operating-Cash-Flow: 1.51 (7450% above median its 10-year median of 0.02)
GF Value™: $4.62 vs. price of $7.50 (62.2% above fair value)
Industry Position: 420.7% above the REITs median (#207 of 340)
No single metric tells the full story. See the KREF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KKR Real Estate Finance Trust Inc is a real estate finance company that focuses on originating and acquiring senior mortgage loans secured by CRE assets. The investment is to originate or acquire senior mortgage loans collateralized by institutional-quality CRE assets that are owned and operated by experienced and well-capitalized sponsors and located in liquid markets with underlying fundamentals. KKR manages investments across multiple asset classes, including private equity, real estates, energy, infrastructure, credit, and hedge funds. The company's investment objective is capital preservation and generating attractive risk-adjusted returns for its stockholders over the long term, through dividends.
47GF Score
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Capex-to-Operating-Cash-Flow is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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