Brookfield Corp (BN) is overvalued and KKR & Co Inc (KKR) is slightly undervalued.
Against our estimates of intrinsic value, KKR trades at the wider discount: a margin of safety of +10%, against -123% for BN.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 6.5% (average of 2 methods) values the shares at $16.94; the price of $37.85 is 123% above that value, and 85% of that value comes from beyond year five.
Leak Score 0/100 on 3 of 12 signals
Discounting its cash flows at 10.2% values the shares at $109.07; the price of $98.44 is 10% below that value, and 74% of that value comes from beyond year five.
Leak Score 43/100 on 9 of 12 signals
| Metric | BN | KKR |
|---|---|---|
| Verdict | Overvalued | Slightly undervalued |
| Price | $37.85 | $98.44 |
| Intrinsic value | $16.94 | $109.07 |
| Margin of safety | -123% | +10% |
| Leak Score | 0/100 (3/12) | 43/100 (9/12) |
| Market cap | $84.5B | $88.4B |
| Revenue growth, 5 years | 4.0% | 35.4% |
| Operating margin | 24.9% | 23.5% |
| Net margin | 1.6% | 12.7% |
| Return on equity | 3.1% | 10.6% |
| Debt to equity | 5.77 | 1.78 |
| P/E | 70.5x | 31.4x |
| Forward P/E | 11.2x | 13.3x |
| P/B | 2.0x | 3.1x |
| Dividend yield | 0.8% | 0.8% |