KKR Real Estate Finance Trust (FRA:8KR) Enterprise Value: €4,449.96 Mil (As of Jul. 25, 2026) ***

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FRA:8KR KKR Real Estate Finance Trust Inc FRA:8KR
45 GF Score
Price €6.20
GF Value €3.44
Valuation Significantly Overvalued
! 5 Warning Signs
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What is KKR Real Estate Finance Trust Enterprise Value?

KKR Real Estate Finance Trust FRA:8KR -2.36% 45 Enterprise Value is €4,449.96 Mil as of Jul. 25, 2026. GuruFocus rates FRA:8KR with a GF Score™ of 45/100 and a GF Value™ of €3.44 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. This ratio does not apply to banks.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. This ratio does not apply to banks.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, KKR Real Estate Finance Trust's Enterprise Value is €4,449.96 Mil. KKR Real Estate Finance Trust's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 was €44.99 Mil. Therefore, KKR Real Estate Finance Trust's EV-to-Revenue ratio for today is 98.91.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, KKR Real Estate Finance Trust's Enterprise Value is €4,449.96 Mil. KKR Real Estate Finance Trust's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was €54.12 Mil. Therefore, KKR Real Estate Finance Trust's EV-to-OCF ratio for today is 82.23.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, KKR Real Estate Finance Trust's Enterprise Value is €4,449.96 Mil. KKR Real Estate Finance Trust's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was €29.28 Mil. Therefore, KKR Real Estate Finance Trust's EV-to-FCF ratio for today is 151.99.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


KKR Real Estate Finance Trust  (FRA:8KR) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

KKR Real Estate Finance Trust's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=4449.957/44.988
=98.91

KKR Real Estate Finance Trust's current Enterprise Value is €4,449.96 Mil.
KKR Real Estate Finance Trust's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €44.99 Mil.

2. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

KKR Real Estate Finance Trust's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=4449.957/54.118
=82.23

KKR Real Estate Finance Trust's current Enterprise Value is €4,449.96 Mil.
KKR Real Estate Finance Trust's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €54.12 Mil.

3. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

KKR Real Estate Finance Trust's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=4449.957/29.277
=151.99

KKR Real Estate Finance Trust's current Enterprise Value is €4,449.96 Mil.
KKR Real Estate Finance Trust's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €29.28 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 Enterprise Value Related Terms


KKR Real Estate Finance Trust Enterprise Value Historical Data

* Premium members only.

The historical data trend for KKR Real Estate Finance Trust's Enterprise Value 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.

KKR Real Estate Finance Trust Enterprise Value Chart

KKR Real Estate Finance Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,587.47 6,626.68 4,919.40 4,311.32 3,960.81

KKR Real Estate Finance Trust Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,196.13 3,405.21 3,960.81 4,365.76 4,374.50

FRA:8KR vs CMTG, RWT, RC: Enterprise Value Comparison

For the REIT - Mortgage subindustry, KKR Real Estate Finance Trust's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs REITs Industry

For the REITs industry and Real Estate sector, KKR Real Estate Finance Trust's Enterprise Value distribution charts can be found below:

* The bar in red indicates where KKR Real Estate Finance Trust's Enterprise Value falls into.


FRA:8KR
45GF Score
KKR Real Estate Finance Trust Inc FRA:8KR
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KKR Real Estate Finance Trust Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

KKR Real Estate Finance Trust's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

KKR Real Estate Finance Trust's Enterprise Value for the quarter that ended in Jun. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of €4,449.96 Mil mean?
KKR Real Estate Finance Trust (FRA:8KR) has a Enterprise Value of €4,449.96 Mil as of Jul. 25, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on KKR Real Estate Finance Trust and its competitors.
Is KKR Real Estate Finance Trust's Enterprise Value too high?
KKR Real Estate Finance Trust's current Enterprise Value is €4,449.96 Mil. Overall, KKR Real Estate Finance Trust has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KKR Real Estate Finance Trust's Enterprise Value compare to CMTG and RWT?
KKR Real Estate Finance Trust's Enterprise Value of €4,449.96 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a REITs company?
A good Enterprise Value depends on the REITs industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on KKR Real Estate Finance Trust and its competitors. KKR Real Estate Finance Trust's current Enterprise Value is €4,449.96 Mil. 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 (FRA:8KR) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.44, compared to a current price of €6.20 — trading 80.2% above its estimated fair value. The current Enterprise Value is €4,449.96 Mil. KKR Real Estate Finance Trust's overall GF Score™ is 45/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For KKR Real Estate Finance Trust (FRA:8KR), the current Enterprise Value is €4,449.96 Mil as of Jul. 25, 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 (FRA:8KR) Overvalued in 2026?

Based on GuruFocus' analysis, KKR Real Estate Finance Trust stock appears to be overvalued. The current stock price of €6.20 is trading 80.2% above its estimated GF Value™ of €3.44. GuruFocus considers KKR Real Estate Finance Trust to be Significantly Overvalued.

Key valuation signals for FRA:8KR:

  • Enterprise Value: €4,449.96 Mil
  • GF Value™: €3.44 vs. price of €6.20 (80.2% above fair value)
  • GF Score™: 45/100 with 5 warning signs

No single metric tells the full story. See the FRA:8KR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KKR Real Estate Finance Trust Business Description

Industry Real EstateREITs
Other Exchanges KREFpA.PFD:USAKREF:USA
Address 30 Hudson Yards, Suite 7500, New York, NY, USA, 10001
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.
45GF Score

Get the complete analysis for FRA:8KR

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€6.20
Price
€3.44
GF Value