KLAR Stock Analysis: Klarna | NYSE
Credit Services | NYSE, USA | Market Cap: 7.456m USD | 12M Return: -56.4% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 89.9M
Rev. Trend: 97.6%
Warnings
Tailwinds
No distinct edge detected
Seasonality 0.8 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Klarna Group plc is a London-based digital bank and flexible payments provider founded in 2005, listed on the NYSE under the ticker KLAR. The company operates in the UK, US, Germany, Sweden, and other international markets, offering consumers a range of payment options including pay-in-full, short-term pay-later, and installment financing for terms of three to 48 months. Beyond core payments, Klarna runs a digital retail banking offering with deposit and savings accounts, an advertising business (sponsored search, affiliate programs, brand ads), and consumer-facing services such as price comparison, cashback, loyalty cards, delivery tracking, and an AI-enabled support layer distributed through the Klarna app, card, and in-store checkout.
Within the Financials sector and the Transaction & Payment Processing Services sub-industry, Klarna operates a two-sided marketplace model, sitting between consumers and merchants and earning revenue primarily through merchant fees on each transaction, alongside interest and fees on longer-duration financing. The company also generates ancillary income from advertising placements, premium membership subscriptions, and consumer banking deposits, diversifying its monetization beyond payment processing.
- US BNPL GMV growth drives merchant fee revenue
- Consumer credit losses pressure transaction margins
- CFPB tightens BNPL disclosure and compliance rules
| Net Income: -199.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.14 > 0.02 and ΔFCF/TA -27.16 > 1.0 |
| NWC/Revenue: 12.62% < 20% (prev 23.38%; Δ -10.76% < -1%) |
| CFO/TA -0.14 > 3% & CFO -2.59b > Net Income -199.0m |
| Net Debt (-2.55b) to EBITDA (293.0m): -8.70 < 3 |
| Current Ratio: 1.03 > 1.5 & < 3 |
| Outstanding Shares: last quarter (378.0m) vs 12m ago 3.46% < -2% |
| Gross Margin: 61.05% > 18% (prev 53.02%; Δ 8.03% > 0.5%) |
| Asset Turnover: 22.80% > 50% (prev 16.75%; Δ 6.05% > 0%) |
| Interest Coverage Ratio: 0.27 > 6 (EBIT TTM 177.0m / Interest Expense TTM 667.0m) |
| A: 0.03 (Total Current Assets 14.3b - Total Current Liabilities 13.8b) / Total Assets 18.0b |
| B: 0.12 (Retained Earnings 2.17b / Total Assets 18.0b) |
| C: 0.01 (EBIT TTM 177.0m / Avg Total Assets 16.8b) |
| D: 0.16 (Book Value of Equity 2.46b / Total Liabilities 15.4b) |
| Altman-Z'' = 0.81 = B |
| DSRI: 0.79 (Receivables 10.3b/8.89b, Revenue 3.82b/2.60b) |
| GMI: 0.87 (GM 53.02% / 61.05%) |
| AQI: 1.34 (AQ_t 0.20 / AQ_t-1 0.15) |
| SGI: 1.47 (Revenue 3.82b / 2.60b) |
| TATA: 0.13 (NI -199.0m - CFO -2.59b) / TA 18.0b) |
| Beneish M = -2.77 (Cap -4..+1) = A |
As of July 10, 2026, the stock is trading at USD 19.99 with a total of 3,406,704 shares traded. Over the past week, the price has changed by -2.20%, over one month by +21.15%, over three months by +52.60% and over the past year by -56.37%.
Current recommended Stop Loss: 18.40 (which is 8% or 1.4 ATR below the current price).
Klarna has no consensus analysts rating.
P/E Forward = 96.1538
P/S = 1.9519
P/B = 3.0335
P/EG = 0.4121
Revenue TTM = 3.82b USD
EBIT TTM = 177.0m USD
EBITDA TTM = 293.0m USD
Long Term Debt = 1.27b USD (from longTermDebt, last quarter)
Short Term Debt = 86.0m USD (from shortTermDebt, last quarter)
Debt = 1.45b USD (from shortLongTermDebtTotal, last quarter) + Leases 87.0m
Net Debt = -2.55b USD (calculated: Debt 1.45b - CCE 4.00b)
Enterprise Value = 4.91b USD (7.46b + Debt 1.45b - CCE 4.00b)
Interest Coverage Ratio = 0.27 (Ebit TTM 177.0m / Interest Expense TTM 667.0m)
EV/FCF = -1.88x (Enterprise Value 4.91b / FCF TTM -2.61b)
FCF Yield = -53.16% (FCF TTM -2.61b / Enterprise Value 4.91b)
FCF Margin = -68.27% (FCF TTM -2.61b / Revenue TTM 3.82b)
Net Margin = -5.21% (Net Income TTM -199.0m / Revenue TTM 3.82b)
Gross Margin = 61.05% ((Revenue TTM 3.82b - Cost of Revenue TTM 1.49b) / Revenue TTM)
Gross Margin QoQ = 73.72% (prev 57.02%)
Tobins Q-Ratio = 0.27 (Enterprise Value 4.91b / Total Assets 18.0b)
Interest Expense / Debt = 46.10% (Interest Expense 667.0m / Debt 1.45b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 139.8m (EBIT 177.0m * (1 - 21.00%))
Current Ratio = 1.03 (Total Current Assets 14.3b / Total Current Liabilities 13.8b)
Debt / Equity = 0.59 (Debt 1.45b / totalStockholderEquity, last quarter 2.46b)
Debt / EBITDA = -8.70 (Net Debt -2.55b / EBITDA 293.0m)
Debt / FCF = 0.98 (negative FCF - burning cash) (Net Debt -2.55b / FCF TTM -2.61b)
Total Stockholder Equity = 2.44b (last 4 quarters mean from totalStockholderEquity)
RoA = -1.19% (Net Income -199.0m / Total Assets 18.0b)
RoE = -8.16% (Net Income TTM -199.0m / Total Stockholder Equity 2.44b)
RoCE = 4.77% (EBIT 177.0m / Capital Employed (Equity 2.44b + L.T.Debt 1.27b))
RoIC = 3.41% (NOPAT 139.8m / Invested Capital 4.10b)
WACC = 18.22% (E(7.46b)/V(8.90b) * Re(14.69%) + D(1.45b)/V(8.90b) * Rd(46.10%) * (1-Tc(0.21)))
Discount Rate = 14.69% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 64.41 | Cagr: 1.69%
[DCF] Fair Price = unknown (Cash Flow -2.61b)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: N/A | # QB: 0
Revenue Correlation: 97.64 | Revenue CAGR: 30.48% | SUE: N/A | # QB: 0
EPS current Year (2026-12-31): EPS=0.00 | Chg30d=N/A | Revisions=N/A | GrowthEPS=+0.0% | GrowthRev=+28.7%