(KW) Kennedy-Wilson Holdings - Overview
Sector: Real Estate | Industry: Real Estate Services | Exchange: NYSE (USA) | Market Cap: 1.534m USD | Total Return: 85% in 12m
Avg Turnover: 9.82M
Qual. Beats: 0
Rev. Trend: -94.9%
Qual. Beats: 0
Warnings
P/E ratio 91.8
High Debt/EBITDA (10.3) with thin interest coverage (0.7)
High Debt while negative Cash Flow
Interest Coverage Ratio 0.7 is critical
Altman Z'' -0.59 < 1.0 - financial distress zone
Tailwinds
Supp Ema20, Idiosyncratic Leader
Kennedy-Wilson Holdings, Inc. (KW) is a global real estate investment firm headquartered in Beverly Hills, California, with operations spanning the United States and Europe. The company primarily targets the rental housing and industrial sectors, while also maintaining a portfolio of office, retail, and hotel assets. Its business model integrates direct property ownership with an investment management platform that generates fee income from third-party capital.
The firm acts as both an equity investor and a debt provider, specializing in the origination and servicing of senior construction loans for multifamily and student housing developments. In the real estate development sector, value is often created through entitlement, which involves securing legal approvals to change a propertys permitted use or density before construction begins. This dual approach allows the company to capture returns from both asset appreciation and interest income across different phases of the real estate cycle.
Investors can evaluate the underlying asset quality and debt structures of this portfolio by reviewing the detailed metrics available on ValueRay. Kennedy-Wilson’s geographic diversification across two continents helps mitigate regional economic downturns, though it exposes the firm to fluctuating currency exchange rates and varying regulatory environments in international markets.
- Multifamily rental income growth driven by US and European demand
- Asset management fee scaling via institutional capital partnerships
- Real estate debt platform expansion through senior construction loan originations
- Strategic disposition of non-core office assets to recycle capital into industrial properties
| Net Income: 59.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.00 > 0.02 and ΔFCF/TA -0.87 > 1.0 |
| NWC/Revenue: -89.04% < 20% (prev 18.33%; Δ -107.4% < -1%) |
| CFO/TA 0.01 > 3% & CFO 34.5m > Net Income 59.2m |
| Net Debt (4.67b) to EBITDA (453.4m): 10.30 < 3 |
| Current Ratio: 0.37 > 1.5 & < 3 |
| Outstanding Shares: last quarter (139.2m) vs 12m ago 1.06% < -2% |
| Gross Margin: 18.55% > 18% (prev 0.16%; Δ 1.84k% > 0.5%) |
| Asset Turnover: 7.00% > 50% (prev 7.31%; Δ -0.32% > 0%) |
| Interest Coverage Ratio: 0.66 > 6 (EBITDA TTM 453.4m / Interest Expense TTM 485.2m) |
| A: -0.06 (Total Current Assets 255.9m - Total Current Liabilities 692.1m) / Total Assets 6.85b |
| B: -0.09 (Retained Earnings -597.3m / Total Assets 6.85b) |
| C: 0.05 (EBIT TTM 322.3m / Avg Total Assets 7.00b) |
| D: -0.19 (Book Value of Equity -989.8m / Total Liabilities 5.29b) |
| Altman-Z'' = -0.59 = B |
| DSRI: 0.26 (Receivables 71.3m/289.4m, Revenue 489.9m/523.3m) |
| GMI: 0.88 (GM 18.55% / 16.32%) |
| AQI: 1.05 (AQ_t 0.95 / AQ_t-1 0.91) |
| SGI: 0.94 (Revenue 489.9m / 523.3m) |
| TATA: 0.00 (NI 59.2m - CFO 34.5m) / TA 6.85b) |
| Beneish M = -3.75 (Cap -4..+1) = AAA |
As of May 29, 2026, the stock is trading at USD 11.03 with a total of 650,861 shares traded.
Over the past week, the price has changed by -0.09%,
over one month by +1.19%,
over three months by +2.50% and
over the past year by +85.02%.
Kennedy-Wilson Holdings has received a consensus analysts rating of 2.67. Therefore, it is recommended to hold KW.
- StrongBuy: 0
- Buy: 0
- Hold: 2
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 9 | -18.4% |
P/E Trailing = 91.75
P/E Forward = 21.4592
P/S = 2.8324
P/B = 2.1074
P/EG = 1.0998
Revenue TTM = 489.9m USD
EBIT TTM = 322.3m USD
EBITDA TTM = 453.4m USD
Long Term Debt = 4.79b USD (from longTermDebt, last quarter)
Short Term Debt = 692.1m USD (from shortTermDebt, last quarter)
Debt = 4.85b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 4.67b USD (calculated: Debt 4.85b - CCE 184.6m)
Enterprise Value = 6.20b USD (1.53b + Debt 4.85b - CCE 184.6m)
Interest Coverage Ratio = 0.66 (Ebit TTM 322.3m / Interest Expense TTM 485.2m)
EV/FCF = -183.5x (Enterprise Value 6.20b / FCF TTM -33.8m)
FCF Yield = -0.54% (FCF TTM -33.8m / Enterprise Value 6.20b)
FCF Margin = -6.90% (FCF TTM -33.8m / Revenue TTM 489.9m)
Net Margin = 12.08% (Net Income TTM 59.2m / Revenue TTM 489.9m)
Gross Margin = 18.55% ((Revenue TTM 489.9m - Cost of Revenue TTM 399.0m) / Revenue TTM)
Gross Margin QoQ = 16.04% (prev 20.15%)
Tobins Q-Ratio = 0.91 (Enterprise Value 6.20b / Total Assets 6.85b)
Interest Expense / Debt = 10.00% (Interest Expense 485.2m / Debt 4.85b)
Taxrate = 36.36% (13.6m / 37.4m)
NOPAT = 205.1m (EBIT 322.3m * (1 - 36.36%))
Current Ratio = 0.37 (Total Current Assets 255.9m / Total Current Liabilities 692.1m)
Debt / Equity = 3.20 (Debt 4.85b / totalStockholderEquity, last quarter 1.52b)
Debt / EBITDA = 10.30 (Net Debt 4.67b / EBITDA 453.4m)
Debt / FCF = -138.1 (out of range, set to none) (Net Debt 4.67b / FCF TTM -33.8m)
Total Stockholder Equity = 1.54b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.85% (Net Income 59.2m / Total Assets 6.85b)
RoE = 2.78% (Net Income TTM 59.2m / Total Stockholder Equity 2.13b)
RoCE = 4.66% (EBIT 322.3m / Capital Employed (Equity 2.13b + L.T.Debt 4.79b))
RoIC = 3.02% (NOPAT 205.1m / Invested Capital 6.78b)
WACC = 6.52% (E(1.53b)/V(6.39b) * Re(7.02%) + D(4.85b)/V(6.39b) * Rd(10.00%) * (1-Tc(0.36)))
Discount Rate = 7.02% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 2.22 | Cagr: 0.06%
[DCF] Fair Price = unknown (Cash Flow -33.8m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.65 | # QB: 0
Revenue Correlation: -94.94 | Revenue CAGR: -4.92% | SUE: -0.81 | # QB: 0
EPS current Quarter (2026-06-30): EPS=-0.14 | Chg30d=+0.00% | Revisions=N/A | Analysts=1
EPS next Quarter (2026-09-30): EPS=-0.14 | Chg30d=+0.00% | Revisions=N/A | Analysts=1
EPS current Year (2026-12-31): EPS=-0.56 | Chg30d=+0.00% | Revisions=+20% | GrowthEPS=-99.5% | GrowthRev=+91.1%