WallStSmart

Digital Realty Trust Inc (DLR)vsKKR Real Estate Finance Trust Inc (KREF)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Digital Realty Trust Inc generates -18178% more annual revenue ($6.31B vs $-34.93M). DLR leads profitability with a 21.8% profit margin vs 0.0%. KREF appears more attractively valued with a PEG of 5.13. DLR earns a higher WallStSmart Score of 61/100 (C+).

DLR

Buy

61

out of 100

Grade: C+

Growth: 8.0Profit: 6.0Value: 2.0Quality: 5.5
Piotroski: 5/9Altman Z: 0.75

KREF

Buy

50

out of 100

Grade: C-

Growth: 5.3Profit: 4.5Value: 4.0Quality: 2.5
Piotroski: 2/9Altman Z: 0.20
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

DLRSignificantly Overvalued (-31.8%)

Margin of Safety

-31.8%

Fair Value

$132.50

Current Price

$200.94

$68.44 premium

UndervaluedFair: $132.50Overvalued

Intrinsic value data unavailable for KREF.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

DLR4 strengths · Avg: 9.0/10
EPS GrowthGrowth
69.4%10/10

Earnings expanding 69.4% YoY

Market CapQuality
$71.36B9/10

Large-cap with strong market position

Profit MarginProfitability
21.8%9/10

Keeps 22 of every $100 in revenue as profit

Revenue GrowthGrowth
16.7%8/10

16.7% revenue growth

KREF3 strengths · Avg: 10.0/10
Price/BookValuation
0.5x10/10

Reasonable price relative to book value

Operating MarginProfitability
145.1%10/10

Strong operational efficiency at 145.1%

Revenue GrowthGrowth
245.1%10/10

Revenue surging 245.1% year-over-year

Areas to Watch

DLR4 concerns · Avg: 2.5/10
Return on EquityProfitability
5.7%3/10

ROE of 5.7% — below average capital efficiency

Debt/EquityHealth
1.053/10

Elevated debt levels

PEG RatioValuation
12.572/10

Expensive relative to growth rate

P/E RatioValuation
53.2x2/10

Premium valuation, high expectations priced in

KREF4 concerns · Avg: 2.8/10
Market CapQuality
$391.59M3/10

Smaller company, higher risk/reward

Profit MarginProfitability
0.0%3/10

0.0% margin — thin

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

PEG RatioValuation
5.132/10

Expensive relative to growth rate

Comparative Analysis Report

WallStSmart Research

Bull Case : DLR

The strongest argument for DLR centers on EPS Growth, Market Cap, Profit Margin. Profitability is solid with margins at 21.8% and operating margin at 17.4%. Revenue growth of 16.7% demonstrates continued momentum.

Bull Case : KREF

The strongest argument for KREF centers on Price/Book, Operating Margin, Revenue Growth. Revenue growth of 245.1% demonstrates continued momentum.

Bear Case : DLR

The primary concerns for DLR are Return on Equity, Debt/Equity, PEG Ratio. A P/E of 53.2x leaves little room for execution misses.

Bear Case : KREF

The primary concerns for KREF are Market Cap, Profit Margin, Piotroski F-Score. Debt-to-equity of 4.00 is elevated, increasing financial risk.

Key Dynamics to Monitor

DLR profiles as a growth stock while KREF is a hypergrowth play — different risk/reward profiles.

DLR carries more volatility with a beta of 1.09 — expect wider price swings.

KREF is growing revenue faster at 245.1% — sustainability is the question.

KREF generates stronger free cash flow (10M), providing more financial flexibility.

Bottom Line

DLR scores higher overall (61/100 vs 50/100), backed by strong 21.8% margins and 16.7% revenue growth. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Digital Realty Trust Inc

REAL ESTATE · REIT - SPECIALTY · USA

Digital Realty Trust, Inc. is a real estate investment trust that invests in carrier-neutral data centers and provides colocation and peering services.

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KKR Real Estate Finance Trust Inc

REAL ESTATE · REIT - MORTGAGE · USA

KKR Real Estate Finance Trust Inc., a mortgage real estate investment trust, focuses primarily on originating and acquiring senior loans secured by commercial real estate (CRE) assets. The company is headquartered in New York, New York.

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