WallStSmart

KKR & Co LP (KKR)vsRunway Growth Finance Corp (RWAY)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

KKR & Co LP generates 18579% more annual revenue ($25.65B vs $137.33M). RWAY leads profitability with a 24.8% profit margin vs 9.2%. KKR appears more attractively valued with a PEG of 0.39. KKR earns a higher WallStSmart Score of 65/100 (C+).

KKR

Buy

65

out of 100

Grade: C+

Growth: 7.3Profit: 6.5Value: 7.3Quality: 5.0

RWAY

Buy

62

out of 100

Grade: C+

Growth: 4.7Profit: 7.0Value: 7.3Quality: 5.8
Piotroski: 5/9
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

KKRSignificantly Overvalued (-560.3%)

Margin of Safety

-560.3%

Fair Value

$15.91

Current Price

$88.91

$73.00 premium

UndervaluedFair: $15.91Overvalued
RWAYSignificantly Overvalued (-38.3%)

Margin of Safety

-38.3%

Fair Value

$6.32

Current Price

$7.02

$0.70 premium

UndervaluedFair: $6.32Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

KKR6 strengths · Avg: 9.2/10
PEG RatioValuation
0.3910/10

Growing faster than its price suggests

Operating MarginProfitability
33.0%10/10

Strong operational efficiency at 33.0%

Revenue GrowthGrowth
76.3%10/10

Revenue surging 76.3% year-over-year

Market CapQuality
$84.19B9/10

Large-cap with strong market position

Price/BookValuation
2.8x8/10

Reasonable price relative to book value

Free Cash FlowQuality
$2.27B8/10

Generating 2.3B in free cash flow

RWAY4 strengths · Avg: 9.8/10
P/E RatioValuation
7.7x10/10

Attractively priced relative to earnings

Price/BookValuation
0.5x10/10

Reasonable price relative to book value

Operating MarginProfitability
72.0%10/10

Strong operational efficiency at 72.0%

Profit MarginProfitability
24.8%9/10

Keeps 25 of every $100 in revenue as profit

Areas to Watch

KKR2 concerns · Avg: 3.0/10
P/E RatioValuation
38.9x4/10

Premium valuation, high expectations priced in

EPS GrowthGrowth
-2.2%2/10

Earnings declined 2.2%

RWAY4 concerns · Avg: 2.5/10
Market CapQuality
$257.64M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
6.8%3/10

ROE of 6.8% — below average capital efficiency

Revenue GrowthGrowth
-11.1%2/10

Revenue declined 11.1%

EPS GrowthGrowth
-72.9%2/10

Earnings declined 72.9%

Comparative Analysis Report

WallStSmart Research

Bull Case : KKR

The strongest argument for KKR centers on PEG Ratio, Operating Margin, Revenue Growth. Revenue growth of 76.3% demonstrates continued momentum. PEG of 0.39 suggests the stock is reasonably priced for its growth.

Bull Case : RWAY

The strongest argument for RWAY centers on P/E Ratio, Price/Book, Operating Margin. Profitability is solid with margins at 24.8% and operating margin at 72.0%. PEG of 1.16 suggests the stock is reasonably priced for its growth.

Bear Case : KKR

The primary concerns for KKR are P/E Ratio, EPS Growth.

Bear Case : RWAY

The primary concerns for RWAY are Market Cap, Return on Equity, Revenue Growth.

Key Dynamics to Monitor

KKR profiles as a hypergrowth stock while RWAY is a declining play — different risk/reward profiles.

KKR carries more volatility with a beta of 2.01 — expect wider price swings.

KKR is growing revenue faster at 76.3% — sustainability is the question.

KKR generates stronger free cash flow (2.3B), providing more financial flexibility.

Bottom Line

KKR scores higher overall (65/100 vs 62/100) and 76.3% 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.

KKR & Co LP

FINANCIAL SERVICES · ASSET MANAGEMENT · USA

KKR & Co. LP is a leading global investment firm established in 1976, recognized for its expertise in managing a diversified portfolio across private equity, credit, and real assets. With a strong emphasis on innovative investment strategies and operational excellence, KKR adeptly identifies and leverages complex market opportunities to generate sustainable long-term value. The firm's profound industry knowledge and extensive global network contribute significantly to the growth of its portfolio companies. Additionally, KKR is committed to sustainable investing, actively integrating environmental, social, and governance (ESG) considerations into its strategies, thereby reinforcing its dedication to delivering robust performance for its investors while promoting responsible growth in the financial markets.

Runway Growth Finance Corp

FINANCIAL SERVICES · ASSET MANAGEMENT · USA

Runway Growth Finance Corp (RWAY) is a leading business development company focused on providing growth capital to venture-backed private firms, particularly in the technology and life sciences industries. By offering tailored financing solutions that align with the unique needs of high-growth companies, RWAY empowers these enterprises to scale effectively. The company benefits from a seasoned management team with deep industry expertise, positioning itself as a vital partner for innovative startups. As a publicly traded entity, RWAY offers institutional investors a robust opportunity to participate in the growth trajectories of emerging sectors through a disciplined investment approach.

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