KenPom takes strength of schedule into account. I don’t pretend to know how that factors but that is why a team with only 3 losses (FAU) is ranked equivalent to a team with 12 (Michigan St.). One has an SOS of 129 and one a SOS of 6.
These computer rankings are sometimes the only way you can remotely try to compare teams with disparate schedules. Despite being a 9 seed, FAU is #22 in KenPom and #13 in NET. Point being, they are more like a 4 or 5 seed than a 9 seed. Point being, don’t sleep on them because of their seeding and the name on the jerseys. That said, I would take them all day before KSU or MSU because these computer ratings don’t take in being truly “battle tested” in these major conferences, coaches (like Izzo) etc. Fortunately, we don’t have to worry about MSU/KSU until we get past FAU.