(KRT) Karat Packaging - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US48563L1017

Containers, Bags, Tableware, Cups, Cutlery

EPS (Earnings per Share)

EPS (Earnings per Share) of KRT over the last years for every Quarter: "2020-12": -0.01, "2021-03": 0.13, "2021-06": 0.53, "2021-09": 0.19, "2021-12": 0.32, "2022-03": 0.36, "2022-06": 0.34, "2022-09": 0.33, "2022-12": 0.3, "2023-03": 0.46, "2023-06": 0.69, "2023-09": 0.45, "2023-12": 0.24, "2024-03": 0.4, "2024-06": 0.49, "2024-09": 0.47, "2024-12": 0.29, "2025-03": 0.33, "2025-06": 0.54, "2025-09": 0.37,

Revenue

Revenue of KRT over the last years for every Quarter: 2020-12: 70.381, 2021-03: 75.673, 2021-06: 94.526, 2021-09: 102.711, 2021-12: 91.334, 2022-03: 105.413, 2022-06: 114.881, 2022-09: 109.996, 2022-12: 92.667, 2023-03: 95.801, 2023-06: 108.74, 2023-09: 105.528, 2023-12: 95.582, 2024-03: 95.613, 2024-06: 112.6, 2024-09: 112.771, 2024-12: 101.649, 2025-03: 103.624, 2025-06: 123.986, 2025-09: 124.516,

Dividends

Dividend Yield 7.88%
Yield on Cost 5y 12.01%
Yield CAGR 5y -3.45%
Payout Consistency 97.2%
Payout Ratio 117.7%
Risk via 5d forecast
Volatility 42.3%
Value at Risk 5%th 56.5%
Relative Tail Risk -18.77%
Reward TTM
Sharpe Ratio -0.58
Alpha -31.51
CAGR/Max DD 0.81
Character TTM
Hurst Exponent 0.561
Beta 0.715
Beta Downside 0.700
Drawdowns 3y
Max DD 34.03%
Mean DD 10.76%
Median DD 9.55%

Description: KRT Karat Packaging December 26, 2025

Karat Packaging Inc. (NASDAQ: KRT) manufactures and distributes a broad portfolio of single-use disposable items-including plastic, paper, biopolymer and compostable containers, cutlery, bags, cups and related janitorial supplies-primarily for restaurants and food-service operators. The company also sells specialty beverage ingredients (e.g., syrups, boba tea, coffee drinks) and offers ancillary services such as new-product development, design, printing and logistics under its “Karat Earth” brand, serving national and regional distributors, chain restaurants, retailers and direct-to-consumer channels.

Key market indicators suggest the U.S. sustainable packaging segment is expanding at ~7% CAGR, driven by state-level bans on traditional plastics and rising consumer demand for compostable alternatives. In its most recent quarterly filing (Q3 2024), Karat reported revenue of $112 million, up 9% YoY, with an adjusted EBITDA margin of 12.4%, reflecting improved cost-of-goods efficiency after renegotiating polymer contracts. However, the listed GICS sub-industry (“Diversified Metals & Mining”) appears to be a data-entry error; the firm belongs to the “Packaging Materials” sub-industry, which carries a sector-wide average forward P/E of ~22× and is sensitive to raw-material price volatility (e.g., resin and pulp). Macro-level drivers include inflation-linked input costs, supply-chain bottlenecks for biodegradable resins, and regulatory trends that could both constrain traditional plastic use and create growth tailwinds for compostable products.

For a deeper, data-driven look at Karat’s valuation metrics and peer comparison, you might explore the analyst tools on ValueRay.

Piotroski VR‑10 (Strict, 0-10) 5.5

Net Income (30.3m TTM) > 0 and > 6% of Revenue (6% = 27.2m TTM)
FCFTA 0.07 (>2.0%) and ΔFCFTA -8.69pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 20.07% (prev 27.75%; Δ -7.68pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.09 (>3.0%) and CFO 26.7m <= Net Income 30.3m (YES >=105%, WARN >=100%)
Net Debt (68.0m) to EBITDA (63.7m) ratio: 1.07 <= 3.0 (WARN <= 3.5)
Current Ratio 2.14 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (20.2m) change vs 12m ago 0.31% (target <= -2.0% for YES)
Gross Margin 38.04% (prev 38.07%; Δ -0.03pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 148.9% (prev 135.8%; Δ 13.09pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 11.05 (EBITDA TTM 63.7m / Interest Expense TTM 4.14m) >= 6 (WARN >= 3)

Altman Z'' 4.15

(A) 0.30 = (Total Current Assets 170.7m - Total Current Liabilities 79.6m) / Total Assets 302.8m
(B) 0.21 = Retained Earnings (Balance) 63.9m / Total Assets 302.8m
(C) 0.15 = EBIT TTM 45.8m / Avg Total Assets 304.8m
(D) 0.45 = Book Value of Equity 63.9m / Total Liabilities 141.3m
Total Rating: 4.15 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 76.24

1. Piotroski 5.50pt
2. FCF Yield 4.38%
3. FCF Margin 4.89%
4. Debt/Equity 0.60
5. Debt/Ebitda 1.07
6. ROIC - WACC (= 9.75)%
7. RoE 19.56%
8. Rev. Trend 47.74%
9. EPS Trend 18.67%

What is the price of KRT shares?

As of December 30, 2025, the stock is trading at USD 22.84 with a total of 97,956 shares traded.
Over the past week, the price has changed by +0.13%, over one month by +4.44%, over three months by -5.36% and over the past year by -18.24%.

Is KRT a buy, sell or hold?

Karat Packaging has received a consensus analysts rating of 3.67. Therefor, it is recommend to hold KRT.
  • Strong Buy: 1
  • Buy: 0
  • Hold: 2
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the KRT price?

Issuer Target Up/Down from current
Wallstreet Target Price 28.5 24.8%
Analysts Target Price 28.5 24.8%
ValueRay Target Price 26.3 15.1%

KRT Fundamental Data Overview December 27, 2025

Market Cap USD = 457.9m (457.9m USD * 1.0 USD.USD)
P/E Trailing = 15.1867
P/S = 1.009
P/B = 2.9548
Beta = 1.06
Revenue TTM = 453.8m USD
EBIT TTM = 45.8m USD
EBITDA TTM = 63.7m USD
Long Term Debt = 47.3m USD (from longTermDebt, last fiscal year)
Short Term Debt = 33.7m USD (from shortTermDebt, last quarter)
Debt = 92.0m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 68.0m USD (from netDebt column, last quarter)
Enterprise Value = 505.9m USD (457.9m + Debt 92.0m - CCE 44.0m)
Interest Coverage Ratio = 11.05 (Ebit TTM 45.8m / Interest Expense TTM 4.14m)
FCF Yield = 4.38% (FCF TTM 22.2m / Enterprise Value 505.9m)
FCF Margin = 4.89% (FCF TTM 22.2m / Revenue TTM 453.8m)
Net Margin = 6.67% (Net Income TTM 30.3m / Revenue TTM 453.8m)
Gross Margin = 38.04% ((Revenue TTM 453.8m - Cost of Revenue TTM 281.2m) / Revenue TTM)
Gross Margin QoQ = 34.47% (prev 39.61%)
Tobins Q-Ratio = 1.67 (Enterprise Value 505.9m / Total Assets 302.8m)
Interest Expense / Debt = 2.82% (Interest Expense 2.60m / Debt 92.0m)
Taxrate = 23.26% (2.30m / 9.91m)
NOPAT = 35.2m (EBIT 45.8m * (1 - 23.26%))
Current Ratio = 2.14 (Total Current Assets 170.7m / Total Current Liabilities 79.6m)
Debt / Equity = 0.60 (Debt 92.0m / totalStockholderEquity, last quarter 154.5m)
Debt / EBITDA = 1.07 (Net Debt 68.0m / EBITDA 63.7m)
Debt / FCF = 3.07 (Net Debt 68.0m / FCF TTM 22.2m)
Total Stockholder Equity = 154.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 10.00% (Net Income 30.3m / Total Assets 302.8m)
RoE = 19.56% (Net Income TTM 30.3m / Total Stockholder Equity 154.8m)
RoCE = 22.67% (EBIT 45.8m / Capital Employed (Equity 154.8m + L.T.Debt 47.3m))
RoIC = 17.31% (NOPAT 35.2m / Invested Capital 203.1m)
WACC = 7.57% (E(457.9m)/V(549.9m) * Re(8.65%) + D(92.0m)/V(549.9m) * Rd(2.82%) * (1-Tc(0.23)))
Discount Rate = 8.65% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.44%
[DCF Debug] Terminal Value 75.34% ; FCFE base≈33.0m ; Y1≈31.5m ; Y5≈30.4m
Fair Price DCF = 24.15 (DCF Value 485.3m / Shares Outstanding 20.1m; 5y FCF grow -6.05% → 3.0% )
EPS Correlation: 18.67 | EPS CAGR: 3.95% | SUE: 0.17 | # QB: 0
Revenue Correlation: 47.74 | Revenue CAGR: 8.62% | SUE: 0.02 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.26 | Chg30d=-0.040 | Revisions Net=-1 | Analysts=1
EPS next Year (2026-12-31): EPS=1.67 | Chg30d=-0.120 | Revisions Net=-1 | Growth EPS=+7.7% | Growth Revenue=+11.1%

Additional Sources for KRT Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
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Fund Manager Positions: Dataroma | Stockcircle