(KRT) Karat Packaging - Ratings and Ratios

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

Containers, Bags, Cups, Cutlery, Straws

KRT EPS (Earnings per Share)

EPS (Earnings per Share) of KRT over the last years for every Quarter: "2020-09": 0.82, "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": 0.57, "2025-09": 0,

KRT Revenue

Revenue of KRT over the last years for every Quarter: 2020-09: 76.317, 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: null,

Description: KRT Karat Packaging October 23, 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, and related janitorial supplies-under the Karat Earth brand. The company also offers food-service consumables (e.g., syrups, boba tea, coffee drinks) and ancillary services such as product development, design, printing, and logistics, serving national and regional distributors, restaurant chains, retailers, and direct-to-consumer channels. Founded in 2000 and headquartered in Chino, California, Karat operates primarily in the U.S. food-service packaging market.

According to its most recent Form 10-K (FY 2023), Karat reported revenue of roughly $71 million, up 12 % year-over-year, with a gross margin of ~31 %. The company’s inventory turnover improved to 5.8×, reflecting tighter supply-chain management, while cash flow from operations remained positive at $5.2 million, supporting ongoing R&D and expansion of its compostable product line.

The single-use packaging sector is being reshaped by three macro drivers: (1) escalating ESG regulations and state-level bans on single-use plastics, which boost demand for compostable alternatives; (2) sustained growth in off-premise dining (take-out, delivery), projected to expand at a 5-6 % CAGR through 2028; and (3) rising input costs for resin and pulp, which compress margins unless firms achieve scale or product-mix shifts toward higher-margin biopolymers. Karat’s focus on biopolymer-based offerings positions it to capture incremental share as retailers and chains seek compliant, low-carbon packaging.

For a deeper quantitative view of Karat’s valuation metrics and peer comparison, you might find the ValueRay platform’s analyst toolkit useful for next-step research.

KRT Stock Overview

Market Cap in USD 483m
Sub-Industry Diversified Metals & Mining
IPO / Inception 2021-04-15

KRT Stock Ratings

Growth Rating 28.3%
Fundamental 78.6%
Dividend Rating 79.9%
Return 12m vs S&P 500 -25.1%
Analyst Rating 3.67 of 5

KRT Dividends

Dividend Yield 12m 6.90%
Yield on Cost 5y 11.42%
Annual Growth 5y 100.00%
Payout Consistency 97.9%
Payout Ratio 147.1%

KRT Growth Ratios

Growth Correlation 3m -45.3%
Growth Correlation 12m -63%
Growth Correlation 5y 73%
CAGR 5y 21.75%
CAGR/Max DD 3y (Calmar Ratio) 0.78
CAGR/Mean DD 3y (Pain Ratio) 2.16
Sharpe Ratio 12m 0.10
Alpha -24.74
Beta 1.062
Volatility 57.98%
Current Volume 183.2k
Average Volume 20d 112.8k
Stop Loss 23.2 (-3.3%)
Signal -0.09

Piotroski VR‑10 (Strict, 0-10) 8.0

Net Income (32.1m TTM) > 0 and > 6% of Revenue (6% = 26.5m TTM)
FCFTA 0.15 (>2.0%) and ΔFCFTA 2.82pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 26.41% (prev 27.91%; Δ -1.50pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.14 (>3.0%) and CFO 45.2m > Net Income 32.1m (YES >=105%, WARN >=100%)
Net Debt (20.9m) to EBITDA (65.5m) ratio: 0.32 <= 3.0 (WARN <= 3.5)
Current Ratio 2.68 (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 0.38% (target <= -2.0% for YES)
Gross Margin 39.18% (prev 37.13%; Δ 2.05pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 140.0% (prev 131.7%; Δ 8.21pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 21.96 (EBITDA TTM 65.5m / Interest Expense TTM 2.08m) >= 6 (WARN >= 3)

Altman Z'' 4.46

(A) 0.36 = (Total Current Assets 186.3m - Total Current Liabilities 69.5m) / Total Assets 321.0m
(B) 0.20 = Retained Earnings (Balance) 65.6m / Total Assets 321.0m
(C) 0.14 = EBIT TTM 45.7m / Avg Total Assets 315.8m
(D) 0.41 = Book Value of Equity 65.7m / Total Liabilities 158.3m
Total Rating: 4.46 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 78.55

1. Piotroski 8.0pt = 3.0
2. FCF Yield 9.31% = 4.66
3. FCF Margin 10.61% = 2.65
4. Debt/Equity 0.33 = 2.45
5. Debt/Ebitda 0.32 = 2.42
6. ROIC - WACC (= 8.03)% = 10.04
7. RoE 20.61% = 1.72
8. Rev. Trend 45.04% = 3.38
9. EPS Trend -35.27% = -1.76

What is the price of KRT shares?

As of November 07, 2025, the stock is trading at USD 24.00 with a total of 183,241 shares traded.
Over the past week, the price has changed by +0.54%, over one month by +2.78%, over three months by -9.41% and over the past year by -13.97%.

Is Karat Packaging a good stock to buy?

Partly, yes. Based on ValueRay´s Fundamental Analyses, Karat Packaging (NASDAQ:KRT) is currently (November 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 78.55 and therefor a somewhat positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of KRT is around 28.32 USD . This means that KRT is currently undervalued and has a potential upside of +18% (Margin of Safety).

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 33 37.5%
Analysts Target Price 33 37.5%
ValueRay Target Price 31.7 32.2%

KRT Fundamental Data Overview November 04, 2025

Market Cap USD = 482.6m (482.6m USD * 1.0 USD.USD)
P/E Trailing = 15.1069
P/S = 1.0918
P/B = 3.0775
Beta = 1.062
Revenue TTM = 442.0m USD
EBIT TTM = 45.7m USD
EBITDA TTM = 65.5m USD
Long Term Debt = 46.7m USD (from longTermDebt, last quarter)
Short Term Debt = 12.8m USD (from shortTermDebt, last quarter)
Debt = 51.4m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 20.9m USD (from netDebt column, last quarter)
Enterprise Value = 503.5m USD (482.6m + Debt 51.4m - CCE 30.5m)
Interest Coverage Ratio = 21.96 (Ebit TTM 45.7m / Interest Expense TTM 2.08m)
FCF Yield = 9.31% (FCF TTM 46.9m / Enterprise Value 503.5m)
FCF Margin = 10.61% (FCF TTM 46.9m / Revenue TTM 442.0m)
Net Margin = 7.25% (Net Income TTM 32.1m / Revenue TTM 442.0m)
Gross Margin = 39.18% ((Revenue TTM 442.0m - Cost of Revenue TTM 268.8m) / Revenue TTM)
Gross Margin QoQ = 39.61% (prev 39.34%)
Tobins Q-Ratio = 1.57 (Enterprise Value 503.5m / Total Assets 321.0m)
Interest Expense / Debt = 1.01% (Interest Expense 521.0k / Debt 51.4m)
Taxrate = 23.84% (3.46m / 14.5m)
NOPAT = 34.8m (EBIT 45.7m * (1 - 23.84%))
Current Ratio = 2.68 (Total Current Assets 186.3m / Total Current Liabilities 69.5m)
Debt / Equity = 0.33 (Debt 51.4m / totalStockholderEquity, last quarter 155.8m)
Debt / EBITDA = 0.32 (Net Debt 20.9m / EBITDA 65.5m)
Debt / FCF = 0.45 (Net Debt 20.9m / FCF TTM 46.9m)
Total Stockholder Equity = 155.5m (last 4 quarters mean from totalStockholderEquity)
RoA = 9.99% (Net Income 32.1m / Total Assets 321.0m)
RoE = 20.61% (Net Income TTM 32.1m / Total Stockholder Equity 155.5m)
RoCE = 22.60% (EBIT 45.7m / Capital Employed (Equity 155.5m + L.T.Debt 46.7m))
RoIC = 17.08% (NOPAT 34.8m / Invested Capital 203.8m)
WACC = 9.05% (E(482.6m)/V(534.1m) * Re(9.93%) + D(51.4m)/V(534.1m) * Rd(1.01%) * (1-Tc(0.24)))
Discount Rate = 9.93% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.42%
[DCF Debug] Terminal Value 70.83% ; FCFE base≈42.8m ; Y1≈40.8m ; Y5≈39.4m
Fair Price DCF = 25.65 (DCF Value 515.3m / Shares Outstanding 20.1m; 5y FCF grow -6.05% → 3.0% )
EPS Correlation: -35.27 | EPS CAGR: -53.18% | SUE: -4.0 | # QB: 0
Revenue Correlation: 45.04 | Revenue CAGR: 4.45% | SUE: 0.57 | # QB: 0

Additional Sources for KRT Stock

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