An independent two-stage DCF analysis by a frontier AI model.
" data-astro-cid-o5ikvf3x> KKR's Fee-Related Earnings (FRE) have been growing at a high-teens CAGR. As they scale newer strategies (Core PE, Global Atlantic, Infrastructure) and penetrate the private wealth channel, a 14% growth rate on a normalized base cash flow is achievable and aligns with management targets.
" data-astro-cid-o5ikvf3x> KKR's Fee-Related Earnings (FRE) have been growing at a high-teens CAGR. As they scale newer strategies (Core PE, Global Atlantic, Infrastructure) and penetrate the private wealth channel, a 14% growth rate on a normalized base cash flow is achievable and aligns with management targets.
" data-astro-cid-o5ikvf3x> KKR's Fee-Related Earnings (FRE) have been growing at a high-teens CAGR. As they scale newer strategies (Core PE, Global Atlantic, Infrastructure) and penetrate the private wealth channel, a 14% growth rate on a normalized base cash flow is achievable and aligns with management targets.
Intrinsic value per share under varying discount rate and terminal growth rate assumptions.
| WACC ↓ / Terminal → | 9.5% | 10.0% | 10.5% | 11.0% | 11.5% |
|---|---|---|---|---|---|
| 9.5% | $20.50 | $20.50 | $20.50 | $20.50 | $20.50 |
| 10.0% | $20.50 | $20.50 | $20.50 | $20.50 | $20.50 |
| 10.5% | $20.50 | $20.50 | $20.50 | $20.50 | $20.50 |
| 11.0% | $20.50 | $20.50 | $20.50 | $20.50 | $20.50 |
| 11.5% | $20.50 | $20.50 | $20.50 | $20.50 | $20.50 |
■ Undervalued vs current price ■ Overvalued vs current price
Westmount Research. "KKR & Co. Inc. (KKR) Intrinsic Value: A DCF Analysis." westmountfundamentals.com, 2026-03-19.
Disclaimer: The numbers presented on this page are for educational and entertainment purposes only. They are the result of a deterministic mathematical model fed with assumptions generated by an Artificial Intelligence (Gemini 3.1). This does not constitute investment advice. Always conduct your own due diligence before investing in the stock market.