KREF (KREF)

Financial Metrics & Valuation Analysis

Enterprise Valuation (TTM)

Enterprise Value$4.68B
EV / Sales11.30
EV / EBITDA42.53
EV / Operating Cash Flow74.27
EV / Free Cash Flow78.89

Return Metrics (TTM)

Return on Equity (ROE)-16.70%
Return on Assets (ROA)-2.82%
Return on Invested Capital (ROIC)1.67%
Return on Capital Employed (ROCE)1.97%

Yield Metrics

Earnings Yield-42.54%
Free Cash Flow Yield13.25%

Balance Sheet Strength

Net Debt / EBITDA38.46
Current Ratio0.08
Working Capital-$948.28M
Tangible Asset Value$990.30M
Net Current Asset Value-$5.49B

Working Capital Efficiency

Days Sales Outstanding24.55
Days Payables Outstanding68.88
Operating Cycle (Days)24.55
Cash Conversion Cycle-44.33

Capital Allocation

CapEx / Revenue0.89%
CapEx / Operating Cash Flow5.85%
R&D / Revenue0.00%
SG&A / Revenue4.48%

Fiscal Year 2025 Ratios

Audited annual results as of 2025-12-31

Margins

Gross Profit Margin88.30%
Operating Margin59.31%
Net Profit Margin-10.27%

Solvency

Debt / Equity4.00
Quick Ratio0.32
Cash Ratio0.25

Per Share

Revenue / Share$6.85
FCF / Share$1.00
PE Ratio-7.83