Is FRPH or KW more undervalued in 2026?

CirclFi compares FRP Holdings, Inc. (FRPH) and Kennedy-Wilson Holdings Inc. (KW) using 13 institutional-grade valuation models. FRPH has a Quality of Company score of 6.8/10 while KW scores 5.9/10.

Which is a better buy — FRPH or KW?

Compare intrinsic values from 13 independent models against current market prices. CirclFi also calculates Value Trap scores. This is not financial advice — conduct your own analysis.

How do FRPH and KW valuations compare?

FRPH at $23.11 and KW at $11.01 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

FRPH vs KW Valuation Comparison 2026 — Intrinsic Value Analysis

FRPH

Real Estate

FRP Holdings, Inc.

Quality

6.8

out of 10

Value Trap

SAFE

Price

$23.11

Last close

Models

10/13

Active

KW

Real Estate

Kennedy-Wilson Holdings Inc.

Quality

5.9

out of 10

Value Trap

WARN

Price

$11.01

Last close

Models

12/13

Active

Model-by-Model Comparison

Model	Type	FRPH Fair Value	FRPH Upside	KW Fair Value	KW Upside
Bayesian DCF	Intrinsic	$18.12	-21.6%	$0.43	-96.1%
Earnings Power Value	Intrinsic	—	—	$19.84	+82.3%
EROIC Spread	Intrinsic	$18.63	-19.4%	$2.25	-79.6%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
Markov DDM	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Dynamic NAV	Asset-Based	$•••.••	••.•%	$•••.••	••.•%
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

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FRPH vs KW — Which Stock Is More Undervalued?

FRPH scores higher with a 6.8/10 quality rating vs KW's 5.9/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing FRP Holdings, Inc. (FRPH) and Kennedy-Wilson Holdings Inc. (KW) across 13 institutional-grade valuation models reveals how each company's intrinsic value stacks up against its market price. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily.

FRPH currently trades at $23.11 with a QOC of 6.8/10, while KW trades at $11.01 with a QOC of 5.9/10.

Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN Topology), and ensemble methods (CUCE).