(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": 0.27, "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, "2025-12": 0,

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, 2025-12: null,

Dividends

Dividend Yield 6.84%
Yield on Cost 5y 12.01%
Yield CAGR 5y 11.42%
Payout Consistency 97.9%
Payout Ratio 117.7%
Risk via 5d forecast
Volatility 42.9%
Value at Risk 5%th 57.6%
Relative Tail Risk -18.45%
Reward TTM
Sharpe Ratio -0.37
Alpha -25.44
CAGR/Max DD 0.76
Character TTM
Hurst Exponent 0.585
Beta 0.706
Beta Downside 0.716
Drawdowns 3y
Max DD 34.03%
Mean DD 11.16%
Median DD 10.15%

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) 6.5

Net Income: 30.3m TTM > 0 and > 6% of Revenue
FCF/TA: 0.07 > 0.02 and ΔFCF/TA -8.69 > 1.0
NWC/Revenue: 20.07% < 20% (prev 27.75%; Δ -7.68% < -1%)
CFO/TA 0.09 > 3% & CFO 26.7m > Net Income 30.3m
Net Debt (68.0m) to EBITDA (63.7m): 1.07 < 3
Current Ratio: 2.14 > 1.5 & < 3
Outstanding Shares: last quarter (20.2m) vs 12m ago 0.31% < -2%
Gross Margin: 38.04% > 18% (prev 0.38%; Δ 3766 % > 0.5%)
Asset Turnover: 148.9% > 50% (prev 135.8%; Δ 13.09% > 0%)
Interest Coverage Ratio: 11.05 > 6 (EBITDA TTM 63.7m / Interest Expense TTM 4.14m)

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 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)
Altman-Z'' Score: 4.15 = AA

Beneish M -2.94

DSRI: 1.03 (Receivables 37.9m/33.9m, Revenue 453.8m/416.6m)
GMI: 1.00 (GM 38.04% / 38.07%)
AQI: 0.98 (AQ_t 0.02 / AQ_t-1 0.02)
SGI: 1.09 (Revenue 453.8m / 416.6m)
TATA: 0.01 (NI 30.3m - CFO 26.7m) / TA 302.8m)
Beneish M-Score: -2.94 = A

ValueRay F-Score (Strict, 0-100) 75.09

1. Piotroski: 6.50pt
2. FCF Yield: 4.04%
3. FCF Margin: 4.89%
4. Debt/Equity: 0.60
5. Debt/Ebitda: 1.07
6. ROIC - WACC: 9.78%
7. RoE: 19.56%
8. Revenue Trend: 47.74%
9. EPS Trend: -21.64%

What is the price of KRT shares?

As of January 23, 2026, the stock is trading at USD 24.90 with a total of 58,111 shares traded.
Over the past week, the price has changed by -0.44%, over one month by +9.16%, over three months by +0.49% and over the past year by -14.11%.

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 14.5%
Analysts Target Price 28.5 14.5%
ValueRay Target Price 30 20.3%

KRT Fundamental Data Overview January 19, 2026

P/E Trailing = 16.6333
P/S = 1.1051
P/B = 3.2363
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 = 549.5m USD (501.5m + Debt 92.0m - CCE 44.0m)
Interest Coverage Ratio = 11.05 (Ebit TTM 45.8m / Interest Expense TTM 4.14m)
EV/FCF = 24.77x (Enterprise Value 549.5m / FCF TTM 22.2m)
FCF Yield = 4.04% (FCF TTM 22.2m / Enterprise Value 549.5m)
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 = 1.81 (Enterprise Value 549.5m / 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 = 9.93% (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 = 7.53% (E(501.5m)/V(593.5m) * Re(8.52%) + D(92.0m)/V(593.5m) * Rd(2.82%) * (1-Tc(0.23)))
Discount Rate = 8.52% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.44%
[DCF Debug] Terminal Value 79.17% ; FCFF base≈33.0m ; Y1≈31.4m ; Y5≈30.3m
Fair Price DCF = 26.01 (EV 590.8m - Net Debt 68.0m = Equity 522.8m / Shares 20.1m; r=7.53% [WACC]; 5y FCF grow -6.05% → 2.90% )
EPS Correlation: -21.64 | EPS CAGR: -47.06% | SUE: -4.0 | # 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=+12.3%

Additional Sources for KRT Stock

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