The historical rank and industry rank for KKR Real Estate Finance Trust's EV-to-OCF or its related term are showing as below:
KREF'
s EV-to-OCF Range Over the Past 10 Years
Min: -49.01 Med: 44.59 Max: 73.67
Current: 73.59
During the past 11 years, the highest EV-to-OCF of KKR Real Estate Finance Trust was 73.67. The lowest was -49.01. And the median was 44.59.
KREF's EV-to-OCF is ranked worse than 92.87% of 940
companies
in the REITs industry
Industry Median: 18.105
vs KREF: 73.59
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.
KKR Real Estate Finance Trust (NYSE:KREF) EV-to-OCF Explanation
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.
KKR Real Estate Finance Trust's PE Ratio (TTM) for today is calculated as:
KKR Real Estate Finance Trust's share price for today is $7.18.
KKR Real Estate Finance Trust'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 $-1.860.
* 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.
KKR Real Estate Finance Trust EV-to-OCF Related Terms
KKR Real Estate Finance Trust EV-to-OCF 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.
For the REIT - Mortgage subindustry, KKR Real Estate Finance Trust'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.
KKR Real Estate Finance Trust EV-to-OCF vs REITs Industry
For the REITs industry and Real Estate sector, KKR Real Estate Finance Trust's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where KKR Real Estate Finance Trust's EV-to-OCF falls into.
KKR Real Estate Finance Trust's current Enterprise Value is $5,115.0 Mil.
KKR Real Estate Finance Trust'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 $69.5 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.
KKR Real Estate Finance Trust (KREF) has a EV-to-OCF of 73.59 as of Jul. 09, 2026. This is 65% above median its historical median of 44.59. According to the industry distribution chart, KKR Real Estate Finance Trust ranks #873 out of 940 companies in the REITs industry, placing it in the top 92.9%.
Is KKR Real Estate Finance Trust's EV-to-OCF too high?
KKR Real Estate Finance Trust's current EV-to-OCF of 73.59 is 65% above median its 10-year median of 44.59. The REITs industry median EV-to-OCF is 18.11. KKR Real Estate Finance Trust's value of 73.59 is 306.5% above this industry median. Based on the distribution chart, KKR Real Estate Finance Trust ranks #873 out of 940 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, KKR Real Estate Finance Trust has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KKR Real Estate Finance Trust's EV-to-OCF compare to CMTG and RWT?
According to the REITs industry distribution chart, KKR Real Estate Finance Trust ranks #873 out of 940 companies for EV-to-OCF. This places KKR Real Estate Finance Trust in the lower half of its industry. The industry median EV-to-OCF is 18.11. KKR Real Estate Finance Trust's value of 73.59 is 306.5% above this benchmark. While the company's 10-year median is 44.59 vs. the industry median of 18.11, 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 EV-to-OCF for a REITs company?
The median EV-to-OCF among REITs companies is 18.11, based on 940 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. KKR Real Estate Finance Trust's current EV-to-OCF of 73.59 is 306.5% 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 REITs industry, the median EV-to-OCF is 18.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KKR Real Estate Finance Trust's current EV-to-OCF is 73.59, which is 65% above median its own 10-year median of 44.59. 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 Fairly Valued. The stock's GF Value™ is $7.10, compared to a current price of $7.18 — trading 1.1% above its estimated fair value. The current EV-to-OCF is 73.59, which is 65% above median its 10-year median of 44.59 and 306.5% above the REITs industry median of 18.11. KKR Real Estate Finance Trust's overall GF Score™ is 51/100 with 3 warning signs to review. 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 KKR Real Estate Finance Trust (KREF), the current EV-to-OCF is 73.59 as of Jul. 09, 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 $7.18 is trading 1.1% above its estimated GF Value™ of $7.10.
GuruFocus considers KKR Real Estate Finance Trust to be Fairly Valued.
Key valuation signals for KREF:
EV-to-OCF: 73.59 (65% above median its 10-year median of 44.59)
GF Value™: $7.10 vs. price of $7.18 (1.1% above fair value)
Industry Position: 306.5% above the REITs median (#873 of 940)
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 Business Description
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.
51GF Score
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EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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