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FS KKR CapitalFSK 40 EV-to-OCF is 8.12 as of Jul. 16, 2026, which is 13% below its 10-year median of 9.29. GuruFocus rates FSK with a GF Score™ of 40/100 and a GF Value™ of $23.65 (Significantly Undervalued). Among 1,505 Asset Management companies, FS KKR Capital ranks worse than 54.22% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, FS KKR Capital's Enterprise Value is $10,191.92 Mil.
FS KKR Capital's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $1,255.00 Mil. Therefore, FS KKR Capital's EV-to-OCF for today is 8.12.
The historical rank and industry rank for FS KKR Capital's EV-to-OCF or its related term are showing as below:
FSK'
s EV-to-OCF Range Over the Past 10 Years
Min: -77.69 Med: 9.29 Max: 185.98
Current: 8.12
During the past 13 years, the highest EV-to-OCF of FS KKR Capital was 185.98. The lowest was -77.69. And the median was 9.29.
FSK's EV-to-OCF is ranked worse than 54.22% of 1505
companies
in the Asset Management industry
Industry Median: 6.31
vs FSK: 8.12
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
FS KKR Capital's PE Ratio (TTM) for today is calculated as:
FS KKR Capital's share price for today is $10.89.
FS KKR Capital's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.970.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
FS KKR Capital EV-to-OCF Related Terms
FS KKR Capital EV-to-OCF Historical Data
* Premium members only.
The historical data trend for FS KKR Capital's EV-to-OCF can be seen below:
* 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.
For the Asset Management subindustry, FS KKR Capital's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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.
FS KKR Capital EV-to-OCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, FS KKR Capital's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where FS KKR Capital's EV-to-OCF falls into.
FS KKR Capital's current Enterprise Value is $10,191.92 Mil.
FS KKR Capital's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,255.00 Mil.
* 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.
FS KKR Capital (FSK) has a EV-to-OCF of 8.12 as of Jul. 16, 2026. This is 13% below median its historical median of 9.29. According to the industry distribution chart, FS KKR Capital ranks #816 out of 1505 companies in the Asset Management industry, placing it in the top 54.2%.
Is FS KKR Capital's EV-to-OCF too high?
FS KKR Capital's current EV-to-OCF of 8.12 is 13% below median its 10-year median of 9.29. The Asset Management industry median EV-to-OCF is 6.31. FS KKR Capital's value of 8.12 is 28.7% above this industry median. Based on the distribution chart, FS KKR Capital ranks #816 out of 1505 companies in the Asset Management industry, which is below the industry midpoint. Overall, FS KKR Capital has a GF Score™ of 40/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FS KKR Capital's EV-to-OCF compare to HTGC and JPC?
According to the Asset Management industry distribution chart, FS KKR Capital ranks #816 out of 1505 companies for EV-to-OCF. This places FS KKR Capital in the lower half of its industry. The industry median EV-to-OCF is 6.31. FS KKR Capital's value of 8.12 is 28.7% above this benchmark. While the company's 10-year median is 9.29 vs. the industry median of 6.31, FS KKR Capital 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 EV-to-OCF for an Asset Management company?
The median EV-to-OCF among Asset Management companies is 6.31, based on 1,505 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. FS KKR Capital's current EV-to-OCF of 8.12 is 28.7% 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 EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Asset Management industry, the median EV-to-OCF is 6.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FS KKR Capital's current EV-to-OCF is 8.12, which is 13% below median its own 10-year median of 9.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FS KKR Capital stock overvalued right now?
Based on GuruFocus' analysis, FS KKR Capital (FSK) is currently considered Significantly Undervalued. The stock's GF Value™ is $23.65, compared to a current price of $10.89 — trading 54% below its estimated fair value. The current EV-to-OCF is 8.12, which is 13% below median its 10-year median of 9.29 and 28.7% above the Asset Management industry median of 6.31. FS KKR Capital's overall GF Score™ is 40/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For FS KKR Capital (FSK), the current EV-to-OCF is 8.12 as of Jul. 16, 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 FS KKR Capital (FSK) Overvalued in 2026?
Based on GuruFocus' analysis, FS KKR Capital stock appears to be undervalued.
The current stock price of $10.89 is trading 54% below its estimated GF Value™ of $23.65.
GuruFocus considers FS KKR Capital to be Significantly Undervalued.
Key valuation signals for FSK:
EV-to-OCF: 8.12 (13% below median its 10-year median of 9.29)
GF Value™: $23.65 vs. price of $10.89 (54% below fair value)
Industry Position: 28.7% above the Asset Management median (#816 of 1505)
No single metric tells the full story. See the FSK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FS KKR Capital Corp is an externally managed, non-diversified, closed-end management investment company that has elected to be regulated as a business development company. The company's investment objectives are to generate current income and, to a lesser extent, long-term capital appreciation. The company's portfolio is comprised of investments in senior secured loans and second lien secured loans of private middle market U.S. companies and, to a lesser extent, subordinated loans and certain asset-based financing loans of private U.S. companies.
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