# KKR CDR (CAD Hedged) (KKR.TO) fundamentals

Data as of 2026-11-04. TSX, Canada. Sector: Financial Services / Capital Markets. Price C$20.90, market value C$19.3 billion.

## Valuation
- **P/E (trailing): 32.2×** (5-yr avg 11.9×, 3-yr avg 11.9×). KKR CDR (CAD Hedged) trades at 32.2× trailing earnings, well above its own five-year average of 11.9×: investors are paying up relative to the company's past. The Financial Services median in the September 2026 study was 13.1×.
- **Price / sales: 0.9×**. Each dollar of revenue is priced at 0.9×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 0.5×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **Free-cash-flow yield: 12.1%** (5-yr avg 1.2%). Free cash flow equals 12.1% of the market value, above its five-year average of 1.2%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 3.1%**. The inverse of the P/E: 3.1% of the price is earned each year.

## Profitability
- **Gross margin: 22.5%**. KKR CDR (CAD Hedged) keeps 22.5% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 7.8%**. 7.8% of revenue is left after running the business.
- **Net margin: 12.3%**. 12.3% of each dollar of sales reaches the bottom line.
- **Return on equity: 7.7%**. 7.7% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: -2.9%**. Return on all capital, debt included, is -2.9%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: 0.8%**. Each dollar of assets produces 0.8% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): -11.2%** (3-yr 51.1%/yr). Revenue fell 11.2% over the last year.
- **EPS growth (1 yr): -28.7%**. Earnings per share fell 28.7%, slower than revenue, so margins compressed.

## Financial health
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.
- **Cash and short-term investments: C$132.7 billion**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend: none**. KKR CDR (CAD Hedged) does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): -21.9%** (YTD -27.7%, 3-mo -7.5%). The shares are down 21.9% over twelve months including dividends.
- **From 52-week high: -33.4%** (15.9% above the low). Trading 33% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 53**. An RSI of 53 is neutral.
- **Beta (1 yr): 0.98** (volatility 39%). Beta of 0.98 against the S&P/TSX Composite: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=KKR.TO · Page: https://foliofundamentals.com/stocks/kkr.to

Not investment advice.