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KE Holdings Inc. valuation and forecast

Explore the models for KE Holdings Inc., adjust their assumptions and compare your own valuation with the platform's.

Your valuation workspace

What is BEKE worth to you?

Start with the company's financial data. Make the assumptions your own.

6 models available

01 / Assumptions

Follow the forecast

The cash flows behind your value

USD per share
View annual figures
Forecast yearCash flow / share

Negative cash flows are shown in terracotta. Before the terminal value and equity bridge. Residual-income models show excess earnings; dividend models show dividends.

See the range of possibilities

Compare and combine your models

Your weighted value—

Weights start with the platform's included models. Change them to build your own combination. Select a model name to edit its assumptions.

ModelYour value / shareWeight

The platform's price and consistency filters are not reapplied to your scenarios.

Other model types 16 unavailable for BEKE

Revenue-to-maturity DCF

This model does not apply to this company with the available financial data.

Growth DCF

This model does not apply to this company with the available financial data.

P/B vs return on equity

This model does not apply to this company with the available financial data.

Peer price-to-book

This model does not apply to this company with the available financial data.

Peer price-to-FFO

This model does not apply to this company with the available financial data.

Peer price-to-sales

This model does not apply to this company with the available financial data.

Forward peer P/E

This model does not apply to this company with the available financial data.

Forward peer price-to-sales

This model does not apply to this company with the available financial data.

PEG comparison

This model does not apply to this company with the available financial data.

Two-stage dividend discount

This model does not apply to this company with the available financial data.

Growing-dividend model

This model does not apply to this company with the available financial data.

REIT funds from operations

This model does not apply to this company with the available financial data.

Utility earnings

This model does not apply to this company with the available financial data.

Book value / net assets

This model does not apply to this company with the available financial data.

Reported crypto treasury NAV

This model does not apply to this company with the available financial data.

Proved-reserve NAV

This model does not apply to this company with the available financial data.

Model values are estimates under the assumptions shown. They are not share-price forecasts or investment advice.

Valuation models compared

Cash-flow modelgrowth 2.3–12.3%, 8.5% discount
~$11~$8.3–$14
Price-to-earnings vs peersEarnings per share times peers' typical (harmonic-mean) price-to-earnings.
~$6.2~$6.4–$14
Residual incomeBook value plus the present value of returns above the cost of equity, fading over ten years.
~$3.7~$2.5–$5.3
Justified price-to-bookleft out of the combined value: out of range vs price (0.11x)
~$1.9~$1.7–$2.1
Models combinedweighted average of 3 models; primary model counts double
~$7.9~$3.7–$11

range across growth cases central value market price $17.66

Different models answer different questions: the cash-flow models ask what the business generates for owners; the peer multiples ask what similar companies in our coverage trade on. Where they disagree, the gap is the story. Projections are estimates based on current data, updated daily. Not investment advice. How each model works.

Analyst recommendations

22 analysts, Nov 2026
Buy2195%
Hold15%
Sell00%

Monthly trend

  1. Nov 202671422
  2. Oct 202671422
  3. Sep 202671523

Counts of recommendations published by analysts covering KE Holdings Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Price history

Loading chart…

Third-party market data · may be delayed

Five-year projection

  • Share price
  • Higher growth
  • Base case
  • Lower growth
$10 $15 Oct 2026 Today 20272028202920302031 ~$17 ~$13 ~$9.8

Today: lower growth ~$8.3 · base case ~$11 · higher growth ~$14 · share price $17.66

Where our model's value per share would be at each point if that growth case plays out — not a forecast of the share price, which can stay above or below value for long periods. How projections are calculated.

Projections are estimates based on current data, updated daily. Not investment advice.

Five-year model value, by case

Year Lower growth Base case Higher growth
Latest filing ~$8.3 ~$11 ~$14
2026 ~$8.6 ~$11 ~$15
2027 ~$8.9 ~$12 ~$15
2028 ~$9.1 ~$12 ~$16
2029 ~$9.4 ~$13 ~$17
2030 ~$9.8 ~$13 ~$17

Projections are estimates based on current data, updated daily. Not investment advice. How projections are calculated.

The assumptions

Free cash flow (TTM, FY2025 Q4)
-$137M
Less stock-based pay
$265M
Cash flow we value
$508M
Growth, years 1–5 (base)
7.3%
Then fading to
2.5%
Discount rate
8.5%
Net cash added
$1B
Diluted shares
1157M

What would move the value

Growth 5 points lower
—
Growth 5 points higher
—
Free-cash-flow margin 1 point lower
—
Discount rate 1 point higher
—

Change in our model value when one input moves, all else equal.

BEKE valuation questions

What is KE Holdings Inc. worth per share?
Our discounted-cash-flow model of KE Holdings Inc.'s free cash flow after stock-based pay puts its value at ~$11 per share in the base case, with a range of ~$8.3–$14 across lower- and higher-growth cases. Model values under stated assumptions, not a price target or recommendation.
What could KE Holdings Inc. be worth by 2030?
If our base case plays out, the model's value per share would be about ~$13 by 2030 (~$9.8–$17 across our lower- and higher-growth cases). This is where the model's value would be, not a forecast of the share price, which can stay above or below value for long periods.
How does Fundamentalytics value KE Holdings Inc.?
We value KE Holdings Inc.'s normalised cash flow after stock-based pay using a ten-year discounted-cash-flow model. Near-term growth can incorporate forecasts and guidance; growth then fades to the long-run rate. The equity bridge adds cash and subtracts debt and other claims. The calculator shows the company data and assumptions you can adjust.

Data: SEC EDGAR filings, retrieved November 2, 2026. Method: how we value companies. Disclosures: research and recommendations disclosure. Back to KE Holdings Inc.

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